House report

2540 Collins St

3 bd · 1 ba · 2 stories · 1,085 sqft · RSA5 · built 1925

Owner-occupied · assessed $329K (2026) · 2027 OPA assessment $314K · sold 3×. On the 2500 block of Collins St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

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Street view of 2540 Collins St
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$3,199/year

2026 taxable assessment $228,500 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $313,600; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 311196200
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $228,500 of $328,500 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $4K in 2013, built new under a 2014 permit, sold for $348K in 2026.

View supporting records →

What 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

Built 1925: 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.

If you own it

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

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
$328,500
2026 billed-year assessment · 2027: $313,600 · built 1925
Price / sq ft
$289
block $281 · in line w/ block
Appreciation
+373%
+17%/yr, city 6.5%
In 5 years (~2031)
~$316K
+17%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$3,199
1.02% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
-2551020.4%
≈$-667M/mo rent
Times sold
3

Assessment vs. the block · every dated City record marked on the line

$0$250K$500K$329K200620102014201820222026
Assessment lineBlock median & rangeAssessmentDeed / saleL&I violationPermitInspectionLicense

Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record21 events · exact dates, newest first
  1. Deed / saleDeed / sale $348K
  2. LicenseRental
  3. Deed / saleDeed / sale $179K
  4. PermitMechanical
  5. L&I violationINSURANCE - POST CERT
  6. PermitMajor alteration
  7. PermitPlumbing
  8. PermitNew Construction
  9. Deed / saleDeed / sale $4K
  10. LicenseRental
  11. InspectionPRECOURT (likely: pre-court compliance inspection)
  12. InspectionBP_BLDG
  13. L&I violationPERMB- ALTER REPAIR INT PART (Building permit required for interior alteration or repair)
  14. L&I violationPERMB- ALTER REP'R EXT PORTION
  15. L&I violationPERMB- PARTIAL DEMOL
  16. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  17. L&I violationVACANT BLDG UNSECURED COUNT
  18. L&I violationLICENSE-VAC RES BLDG (vacant residential building license required)
  19. L&I violationCOULD NOT ENTER
  20. L&I violationVACANT PROP STANDARD (likely: vacant-property enforcement standard)
  21. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)

The paper trail

Bought for $4K in 2013, built new under a 2014 permit, sold for $348K in 2026.

  1. 2006 Inspection failedL&I visit
  2. 2008 10 L&I violationsL&IL&I: 6 failed, 1 passedL&I visit
  3. 2013 $4KSold
  4. 2014 New ConstructionPermitPlumbingPermitMajor alterationPermitMechanicalPermitL&I violationL&I
  5. 2015 $179KSold
  6. 2026 $348KSold

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 28 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$348K transfer

    2026

  2. LicenseRental

    License 732021 · Inactive

    audur katrin newman · Expires 2018-04-30 · Inactive 2018-06-29

  3. Recorded transfer$179K transfer

    2015

  4. PermitMechanical

    Permit 532911 · EXPIRED

    INSTALL 3.0 ELECTRIC HEAT PUMP.

  5. ViolationINSURANCE - POST CERT

    Case 522807 · Violation 3138928 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  6. PermitMajor alteration

    Permit 522807 · EXPIRED

    INTERIOR ALTERATIONS TO EXISITNG SINGLE FAMILY DWELLING TO INCLUDE FRAMING, DOORS, WINDOWS, DRYWALL, KITCHEN CABINETS.

  7. PermitPlumbing

    Permit 520521 · COMPLETED

    KITCHEN,BATHROOM,WATER HEATER,SUPPLY AND STACK DRAIN (SFD)

  8. PermitNew Construction

    Permit 520004 · Expired

    200 AMP SERVICE & REWIRE AS PER NEC 2008 (SFD)

  9. Recorded transfer$4K transfer

    2013

  10. LicenseRental

    License 358060 · Inactive

    ALIVEST LLP · Expires 2011-02-28 · Inactive 2012-12-22

  11. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 170057 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  12. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 170057 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  13. ViolationPERMB- ALTER REPAIR INT PART (Building permit required for interior alteration or repair)

    Case 170044 · Violation 1027386 · ERROR

  14. ViolationPERMB- ALTER REP'R EXT PORTION

    Case 170044 · Violation 1027384 · ERROR

  15. ViolationPERMB- PARTIAL DEMOL

    Case 170044 · Violation 1027385 · ERROR

  16. ViolationPERMB- ALTER REPAIR INT PART (Building permit required for interior alteration or repair)

    Case 170057 · Violation 1179095 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  17. ViolationPERMB- PARTIAL DEMOL

    Case 170057 · Violation 1179096 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  18. ViolationPERMB- ALTER REP'R EXT PORTION

    Case 170057 · Violation 1179094 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. InvestigationBP_BLDG

    Case 170044 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  20. InvestigationBP_BLDG

    Case 170044 · PASSED

    The cited inspection visit was marked passed.

  21. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 163181 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  22. ViolationVACANT BLDG UNSECURED COUNT

    Case 163181 · Violation 995841 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  23. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 163181 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  24. ViolationLICENSE-VAC RES BLDG (vacant residential building license required)

    Case 163181 · Violation 995839 · COMPLIED

    This usually records a requirement to obtain a Vacant Structure License for an unoccupied residential building. Check later license and compliance rows because it does not establish present vacancy or an unresolved violation. City marked this violation complied with; check the resolution date and live case for what was accepted.

  25. ViolationCOULD NOT ENTER

    Case 163181 · Violation 995840 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  26. ViolationVACANT PROP STANDARD (likely: vacant-property enforcement standard)

    Case 163181 · Violation 995838 · COMPLIED

    A legacy L&I label associated with vacant-property requirements. It may concern licensing, securing, or maintaining a vacant structure; the notice and cited code control, and this row alone does not prove the property is vacant now. City marked this violation complied with; check the resolution date and live case for what was accepted.

  27. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 62982 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  28. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 62982 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

What this record suggests

The City file documents 4 permits touching kitchen work, bathroom work, drywall / interior finishing, electrical work. 1 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,085 sqft
livable area
Lot
750 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
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 2540 Collins 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.

$348K
20%
6.875%
$700/mo

When this house last sold (2026) a 30-year mortgage ran about 6.6% — Freddie Mac's average that year.

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 use this parcel's taxable assessment, not a live Tax Center balance.

Block context

2540 Collins St sits on the 2500 block of Collins St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2538 Collins St  ·  2542 Collins St

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 6:51 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)