Multi-family report

421 Lyceum Ave

1 story · 7,107 sqft · RSD3 · built 1996

Individual, other or unknown mailing address · assessed $571K (2026) · 2027 OPA assessment $724K · sold 1×. On the 400 block of Lyceum Ave.

Street view of 421 Lyceum Ave
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

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

Question or correct this record

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

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$7,987/year

2026 taxable assessment $570,600 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $723,600; 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 881080800
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

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

Permit on record

Record summary

$350K transfer recorded in 2007. Fast form building permit recorded in 2009.

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

Multiple units and RSD3 zoning need reconciliation

The assessment or license record describes multiple units while the zoning district is generally single-family. That does not establish whether the use is lawful, nonconforming, abandoned, or incorrectly coded. Verify the registered use and Certificate of Occupancy with L&I before pricing multiple rents.

If you’re the landlord

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

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.

Assessment and tax history

Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.

Assessed value
$570,600
2026 billed-year assessment · 2027: $723,600 · built 1996
Price / sq ft
$102
block $195 · below block
Assessment change
+36%
+3%/yr since 2016 · 2027 +27% vs 2026
Est. tax bill / yr
$7,987
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
1

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

$0$500K$1.0MZIP 19128 median$724K2004200820122016202020242027
Property assessmentBlock median & rangeZIP 19128 medianAssessmentDeed / salePermitLicense

Scroll horizontally to move through the years. 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 record8 events · exact dates, newest first
  1. PermitFast form building
  2. PermitAlteration
  3. PermitElectrical
  4. PermitPlumbing
  5. PermitMajor alteration
  6. PermitFast form building
  7. Deed / saleDeed / sale $350K
  8. LicenseRental

The paper trail

$350K transfer recorded in 2007. Fast form building permit recorded in 2009.

  1. 2007 $350KTransfer
  2. 2008 Fast form buildingPermitFast form buildingPermitFast form buildingPermitFast form buildingPermitMajor alterationPermitPlumbingPermitElectricalPermitAlterationPermit
  3. 2009 Fast form buildingPermit

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 11 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. PermitFast form building

    Permit 209916 · COMPLETED

  2. PermitAlteration

    Permit 157942 · COMPLETED

    REPLACE WINDOWS (25) SAME SIZE AND LOCATION / (5) MINOR FRAMING ( LINTELS NOT TO BE DISTURBED).

  3. PermitElectrical

    Permit 143037 · COMPLETED

    UPGRADE MAIN SERVICE WITH 400 AMP SINGLE PHASE AND INSTALL NEW 100 AMP SERVICE FOR EACH APARTMENT (7) TOTAL PER 2005 NEC (NORTH DIST)

  4. PermitPlumbing

    Permit 141794 · COMPLETED

    REPLACE EXISTING FXTS N SAME LOCATION. REPLACE SMALL FXT, WASTE, 7 HWH. (7 WC, 7 TUB, 7 LAV, 7 KS, 7 LT

  5. PermitMajor alteration

    Permit 137103 · COMPLETED

    INTERIOR ALTERATIONS AS PER PLANS.

  6. PermitFast form building

    Permit 131672 · COMPLETED

  7. PermitFast form building

    Permit 131683 · COMPLETED

  8. PermitFast form building

    Permit 131690 · COMPLETED

  9. PermitFast form building

    Permit 131700 · COMPLETED

  10. Recorded transfer$350K transfer

    2007

  11. LicenseRental

    License 219553 · Inactive

    MC LAUGHLIN ROBERT W · Expires 2008-02-29 · Inactive 2008-06-03

What this record suggests

The City file documents 9 permits touching electrical work, plumbing, windows. 9 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.

Stories
1
Interior
7,107 sqft
livable area
Lot
7,824 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RSD3
city zoning code

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

Run the numbers

What owning 421 Lyceum Ave 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.

$724K
20%
6.875%
$725/mo

When this house last sold (2007) a 30-year mortgage ran about 6.34% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Estimated cash needed
down + 4% planning allowance
Modeled cash flow
rent − shown costs · /mo
Modeled cap rate
modeled NOI ÷ price
Modeled cash-on-cash
modeled year-1 return

Scenario for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.

Block context

421 Lyceum Ave sits on the 400 block of Lyceum Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 417 Lyceum Ave  ·  425 Lyceum Ave

Where this comes from

Methodology & freshness

This report was assembled Jul 11, 2026, 3:06 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)