The Block Report

House report

2541 N 5th St

1 ba · 1 story · 1,304 sqft · RM1 · built 1920

Owner-occupied · assessed $132K (2026) · 2027 OPA assessment $149K. On the 2500 block of N 5th St.

Property summary

Assessment$131,9002026 OPA assessment · 2027: $148,800 Last sale$3KRecorded 1986 Est. tax bill$206/year2026 taxable assessment · full-value scenario $1,846/year · basis and term unverified Tax delinquency—Snapshot unavailable Permits—Record unavailable Violations0 openNo historical match in fetched records

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

BlockReport AI · cited public records

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BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 2541 N 5th 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$206/year

2026 taxable assessment $14,700 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $148,800; 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 192208900
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 $14,700 of $131,900 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$1,846/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

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.

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

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

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $206/yr, while applying the same rate to the full assessment would imply about $1,846/yr — $1,640/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

Built 1920: 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.

If you own it

Verify which assessment relief applies

OPA shows a material assessment exemption, but this record does not identify its legal basis or transfer treatment. Ask OPA for the approval history; if the current treatment ends, an eligible owner-occupant may need to apply separately for Homestead relief.

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
$131,900
2026 billed-year assessment · 2027: $148,800 · built 1920
Price / sq ft
$114
block $99 · above block
Appreciation
+214%
+11%/yr, city 6.5%
In 5 years (~2031)
~$150K
+11%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$206
0.14% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
4.9%
≈$611/mo rent
Times sold
0

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

$0$125K$250K2016 OPA assessment: $47K2017 OPA assessment: $47K2018 OPA assessment: $47K2019 OPA assessment: $48K2020 OPA assessment: $37K2021 OPA assessment: $37K2022 OPA assessment: $37K2023 OPA assessment: $92K2024 OPA assessment: $92K2025 OPA assessment: $132K2026 OPA assessment: $132K2027 OPA assessment: $149K$149K2016201820202022202420262027
This propertyBlock median & range
Assessment points show the City value for each year.

Flags: material assessment exemption — legal basis and term unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $206/year. Applying the same 1.3998% rate to the full assessed value would imply ~$1,846/year — $1,640/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2016: ~$206/yr2017: ~$206/yr2018: ~$206/yr2019: ~$206/yr2020: ~$206/yr2021: ~$206/yr2022: ~$206/yr2023: ~$206/yr2024: ~$206/yr2025: ~$206/yr2026: ~$206/yr20162026
2026~$206/yrestimated from assessment

2026: ($131,900 assessed − $117,184 exempt) × 1.3998% ≈ $206/yr full-assessment scenario: $131,900 × 1.3998% ≈ $1,846/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

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

Bathrooms
1
Stories
1
Interior
1,304 sqft
livable area
Lot
842 sqft
Heat
Undetermined
city code H
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RM1
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2541 N 5th 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.

$149K
20%
6.875%
$700/mo
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 with an optional full-assessment stress test, not a live Tax Center balance.

Block context

2541 N 5th St sits on the 2500 block of N 5th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2539 N 5th St  ·  2543 N 5th St

Where this comes from
Methodology & freshness

This report was assembled Jul 9, 2026, 1:05 PM 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. “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)