The Block Report

House report

4132 Tower St

3 bd · 3 stories · 2,507 sqft · RSA5 · built 2016

Owner-occupied · assessed $551K · sold 1×. On the 4100 block of Tower St.

Street view of 4132 Tower St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$551KCity assessed value Last sale$505KRecorded 2017 Est. annual tax$3K/yearAssessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits0Shown in this report ViolationsNone openNo open L&I cases

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

The tax bill is temporary

Today's $3,086/yr reflects a 10-year abatement. It jumps to about $7,716/yr in 2029 — $4,630/yr more. Price the full bill, not the current one.

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

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2029 it can — knocking about $1,400/yr off the full bill.

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.

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
$551K
built 2016
Price / sq ft
$220
block $292 · below block
Appreciation
+9%
+1%/yr, city 6.5%
In 5 years (~2031)
~$552K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.56% effective, abated
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
—
Times sold
1

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$500K$1.0M2017: Sold $505K$551K201620222027
This houseBlock median & rangeSale

The paper trail

New construction

built new (tax-abated), sold for $505K in 2017.

  1. 2017 $505KSold

Flags: tax-abated — the bill lags real value. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $3,086/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$7,716/yr — a step up of $4,630/yr, 2 assessment years out. Drag the slider.

2019: ~$1,004/yr2020: ~$1,021/yr2021: ~$1,021/yr2022: ~$1,021/yr2023: ~$1,585/yr2024: ~$1,585/yr2025: ~$1,778/yr2026: ~$1,778/yr2027: ~$3,086/yr2028: ~$3,086/yr (projected)2029: ~$7,716/yr (projected)2030: ~$7,716/yr (projected)201920292030
2027~$3,086/yrfrom the record

now: ($551,200 assessed − $330,740 abated) × 1.3998% ≈ $3,086/yr 2029: $551,200 assessed × 1.3998% ≈ $7,716/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
3
Stories
3
Interior
2,507 sqft
livable area
Lot
719 sqft
Basement
Full, finished
city code 1
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B
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 4132 Tower St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$551K
20%
6.875%
$4K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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 from this parcel's record (with the abatement toggle above).

Block context

4132 Tower St sits on the 4100 block of Tower St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4130 Tower St  ·  4128 Tower St

Where this comes from

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)