2026 taxable assessment $34,226 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $159,500; it is not the 2026 billed-year value.
House report
2612 N Warnock St
3 bd · 1 ba · 2 stories · 1,260 sqft · RM1 · built 1920
Investor / LLC · assessed $165K (2026) · 2027 OPA assessment $160K · sold 1×. On the 2600 block of N Warnock St.
Property summary
Assessment$164,7002026 OPA assessment · 2027: $159,500
Last sale$1.9MRecorded 2018
Est. tax bill$479/year2026 taxable assessment · full-value scenario $2,305/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
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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Property tax
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.
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 3711823002026 OPA taxes $34,226 of $164,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →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 Record found
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 $6,868.07 and a lien entry. It is shown as historical context only.
1999$139.20 total · $42.57 principal · $65.77 interest · $2.98 penalty2000$884.14 total · $42.57 principal · $61.94 interest · $2.98 penalty2001$170.36 total · $57.79 principal · $78.88 interest · $4.05 penalty2002$308.45 total · $115.56 principal · $147.34 interest · $8.09 penalty2003$231.99 total · $88.19 principal · $104.50 interest · $6.17 penalty2004$223.59 total · $88.19 principal · $96.57 interest · $6.17 penalty2005$215.17 total · $88.19 principal · $88.63 interest · $6.17 penalty2006$206.75 total · $88.19 principal · $80.69 interest · $6.17 penalty2007$198.35 total · $88.19 principal · $72.76 interest · $6.17 penalty2008$201.59 total · $94.28 principal · $69.30 interest · $6.60 penalty2009$192.59 total · $94.28 principal · $60.81 interest · $6.60 penalty2010$183.60 total · $94.28 principal · $52.33 interest · $6.60 penalty2011$189.77 total · $103.60 principal · $48.18 interest · $7.25 penalty2012$186.03 total · $107.61 principal · $40.36 interest · $7.53 penalty2013$181.30 total · $111.47 principal · $31.77 interest · $7.80 penalty2014$1,013.49 total · $687.29 principal · $134.02 interest · $48.11 penalty2015$947.92 total · $687.29 principal · $72.16 interest · $48.11 penalty2016$1,193.78 total · $1,014.15 principal · $15.22 interest · $10.14 penalty
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 recordNew construction
Why it mattersbuilt new under a 2017 permit (reduced taxable assessment shown), sold for $1.9M in 2018.
View supporting records →Legal due diligence
What this record proves—and what it does not.
These checks are triggered by this property’s actual City rows. They identify the controlling document to verify; they do not declare a use legal, a building safe, or title clear.
3 verify
VerifyA rental license does not transfer with the deedThe parcel summary indicates an active Rental License; a detailed license row is not present in this payload.
Why it mattersIf dwelling space is rented, the buyer must obtain a new annual Rental License; the seller’s license is not transferable. New applications require proof of ownership and legal occupancy, tax compliance, no open L&I violations, and lead compliance where applicable.
Verify nextPlan the buyer’s replacement license before settlement.
Open the controlling City guidance ↗VerifyLead compliance is a separate recordOPA records a 1920 build year; BlockReport does not receive the Health Department’s unit-level lead certificate file.
Why it mattersPhiladelphia requires covered pre-March-1978 rentals to be certified lead-safe or lead-free for a new or renewed lease and for a new or renewed Rental License. A certificate is unit-specific; a renovation does not by itself create an exemption.
Verify nextRequest the current lead certificate or City exemption for every dwelling unit.
Open the controlling City guidance ↗VerifyA reduced taxable assessment is not a verified abatementOPA’s numeric assessment fields show a reduced taxable assessment; BlockReport has no official program determination for this parcel.
Why it mattersThe numeric treatment can reflect an improvement abatement or another exemption. It does not identify the ordinance, approval, start or end date, or continuation requirements after a transfer. Once OPA verifies a specific active abatement, many common programs attach the benefit to the property for the remaining term rather than ending automatically at sale, but some require a new-owner filing and continued qualifying use or tax compliance.
Verify nextObtain the OPA exemption/abatement determination and history, then underwrite the buyer’s bill from the verified program terms.
Open the controlling City guidance ↗Closing file: checks no public-record summary can replace5 documents/searches to assign before settlement
Property Sales Certification
The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.
Next: Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.
Official guidance ↗Date-effective City Property Payoff
The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.
Next: Request the City statement effective through settlement; read every period and invoice.
Official guidance ↗Professional title and water-lien searches
OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.
Next: Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.
Official guidance ↗Separate water-lien guidance ↗Seller-specific tax relief is not the buyer’s bill
LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.
Next: Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.
Official guidance ↗Separate water-lien guidance ↗Seller disclosure and independent inspections
For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections. Because OPA dates this building before 1978, separately obtain the required federal/City lead disclosures and any test results.
Next: Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.
Official guidance ↗Informational only—not a legal opinion, title report, code inspection, tax payoff, or substitute for a Pennsylvania lawyer, title company, inspector, or tax professional.
Records to verify together
Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.
Assessment/permit mismatch
The assessment jumped 294% in 2021, but no matching permit appears in the property timeline.
Evidence: assessment moved from $36,600 to $144,300 · no permit shown in 2020-2022
Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.
Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.
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 $479/yr, while applying the same rate to the full assessment would imply about $2,305/yr — $1,826/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
$6,868 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 1920: 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 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.
Who's behind it
Philadelphia Lotus 01a LLC · corporate / LLC owner
• Owns 17 properties across Philadelphia under this name, assessed at $3.2M combined
• Tax bills mail to 829 N 29th Street, Philadelphia PA, 19130
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale
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
$164,700
2026 billed-year assessment · 2027: $159,500 · built 1920
Price / sq ft
$127
block $89 · above block
Appreciation
+153%
+9%/yr, city 6.5%
In 5 years (~2031)
~$160K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$479
0.3% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
-5015674%
≈$-667M/mo rent
Times sold
1
latest deed has shared-name parties
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSalePermit
The paper trail
New constructionbuilt new under a 2017 permit (reduced taxable assessment shown), sold for $1.9M in 2018.
- 2017 Major alterationPermitMechanicalPermitElectricalPermitPlumbingPermit
- 2018 $1.9MSold
Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $7K with a lien entry · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $479/year. Applying the same 1.3998% rate to the full assessed value would imply ~$2,305/year — $1,826/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.
2026: ($164,700 assessed − $130,481 exempt) × 1.3998% ≈ $479/yr
full-assessment scenario: $164,700 × 1.3998% ≈ $2,305/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.
Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,260 sqft
livable area
Lot
874 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
RM1
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2612 N Warnock 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.
When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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 with an optional full-assessment stress test, not a live Tax Center balance.
Block context
2612 N Warnock St sits on the 2600 block of N Warnock St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2614 N Warnock St · 2616 N Warnock 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
This report was assembled Jul 10, 2026, 2:54 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. “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)