New construction
Why it mattersbuilt new under a 2017 permit (tax-abated).
View supporting records →House report
2529 N Napa St
2 bd · 1 ba · 2 stories · 924 sqft · RSA5 · built 1915
Investor / LLC · assessed $130K. On the 2500 block of N Napa St.
Property summary
Assessment$130KCity assessed value
Last sale—No sale value available
Est. annual tax$386/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
ViolationsNone openNone open when assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
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Historical tax record
Verify the current balance before relying on it.
The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.
A separate historical parcel ledger ending in 2016 records $7K and a lien entry. It is shown as historical context only.
Verify current balance with Philadelphia Revenue →What stands out
From the public recordWhat to do with this
The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.
If you’re buying
The current tax estimate is temporary
The taxable assessment implies about $386/yr under a 10-year abatement. It jumps to about $1,816/yr in 2029 — $1,430/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.
Built 1915: lead rules apply
Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.
Zoned RSA5: one household by right
Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.
The last transfer was not a sale
The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)
If you own it
$6,937 in the historical tax ledger through 2016
Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.
If you’re the landlord
Lead certificate is not optional
Built 1915: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.
Licensed rental — keep it that way
Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.
Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.
Who's behind it
Philadelphia Lotus 02a Ll · corporate / LLC owner
• Owns 56 properties across Philadelphia under this name, assessed at $9.2M combined
• Tax bills mail to 829 N 29th St, Philadelphia PA, 19130
• Holds an active rental license for this address
The investment read
How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.
Assessed value
$130K
built 1915
Price / sq ft
$140
block $80 · above block
Appreciation
+650%
+20%/yr, city 6.5%
In 5 years (~2031)
~$131K
+20%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$386
0.3% effective, abated
Jun 2022 tax snapshot
—
Gross yield
10.7%
≈$1K/mo rent
Times sold
0
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeL&I violationPermitInspection
The paper trail
New constructionbuilt new under a 2017 permit (tax-abated).
- 2015 5 L&I violationsL&IInspection failed ×3L&I visit
- 2016 3 L&I violationsL&IInspection failed ×2L&I visit
- 2017 4 L&I violationsL&IMajor alterationPermitMechanicalPermitL&I: 3 failed, 1 passedL&I visitElectricalPermitPlumbingPermit
- 2018 Inspection passedL&I visit
Flags: tax-abated — the bill lags real value · active rental license · historical tax ledger through 2016 recorded $7K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house’s taxable assessment implies about $386/yr under a 10-year tax abatement. In 2029 the assessment-based estimate reaches ~$1,816/yr — a step up of $1,430/yr, 2 assessment years out. Drag the slider.
now: ($129,700 assessed − $102,125 abated) × 1.3998% ≈ $386/yr
2029: $129,700 assessed × 1.3998% ≈ $1,816/yr
Flat 100% exemption (pre-2022 program, started 2019), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.
The house, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Bedrooms
2
Bathrooms
1
Stories
2
Interior
924 sqft
livable area
Lot
700 sqft
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
ABCDE
Zoning
RSA5
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2529 N Napa St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.
Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Cash to close
—
down + ~4% costs
Cash flow
—
rent − all costs · /mo
Cap rate
—
NOI ÷ price
Cash-on-cash
—
year-1 return on cash in
Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).
Block context
2529 N Napa St sits on the 2500 block of N Napa St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2527 N Napa St · 2531 N Napa St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)