Mixed-use report

429 S 16th St

3 stories · 2,142 sqft · CMX1 · built 1800

Investor / LLC · assessed $684K (2026) · 2027 OPA assessment $653K · 2 licensed units · sold 2×. On the 400 block of S 16th St.

Street view of 429 S 16th St
From the street — imagery © Google
From above — 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$9,570/year

2026 taxable assessment $683,700 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $653,300; 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 871072500
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

Renovated & sold on

Why it matters

Bought for $600K in 2015, plumbing permit in 2008, sold for $600K in 2015 (+32%).

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 1800: 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’re the landlord

Lead certificate is not optional

Built 1800: 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

Rkp C LLC · corporate / LLC owner

• Tax bills mail to 240 Central Park, New York NY, 10019 — outside Philadelphia
• Holds an active rental license for this address

The investment read

How this building has moved and where it's pointed: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$683,700
2026 billed-year assessment · 2027: $653,300 · built 1800
Price / sq ft
$305
block $383 · below block
Appreciation
+45%
+3%/yr since 2016 · 2027 -4% vs 2026
In 5 years (~2032)
~$774K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$9,570
1.46% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
3.2%
≈$2K/mo rent
Times sold
2
licensed rental

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

$0$1.0M$2.0MZIP 19146 median$653K2001200620112016202120262027
Property assessmentBlock median & rangeZIP 19146 medianAssessmentDeed / saleAppealPermitLicenseCertification

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. CertificationSpecial Hazards Certification
  2. CertificationEmergency and Standby Power Systems Certification
  3. CertificationFire Alarm Certification
  4. CertificationFire Alarm Certification
  5. CertificationEmergency and Standby Power Systems Certification
  6. PermitAddition and/or Alteration
  7. PermitAddition and/or Alterations
  8. PermitAlterations
  9. CertificationFire Alarm Certification
  10. AppealZBA Permit Denial - Variance
  11. PermitChange of Use
  12. PermitInterior Non-Load-Bearing Wall Demo.
  13. PermitAlteration
  14. LicenseRental
  15. Deed / saleDeed / sale $600K
  16. PermitMajor alteration
  17. PermitPlumbing
  18. LicenseRental
  19. PermitAlteration
  20. PermitDemolition
  21. LicenseRental

The paper trail

Bought for $600K in 2015, plumbing permit in 2008, sold for $600K in 2015 (+32%).

  1. 2008 PlumbingPermitPlumbingPermit
  2. 2009 Major alterationPermit
  3. 2015 $600KSold
  4. 2019 AlterationPermitInterior Non-Load-Bearing Wall Demo.Permit
  5. 2023 Change of UsePermit
  6. 2024 Appeal grantedZoningAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationsPermitAddition and/or AlterationPermit

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 23 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. CertificationSpecial Hazards Certification

    Certification BC-2026-008744 · Certified

    Expires 2027-03-27

  2. CertificationEmergency and Standby Power Systems Certification

    Certification BC-2026-002156 · Certified

    Expires 2027-01-20

  3. CertificationFire Alarm Certification

    Certification BC-2026-002155 · Certified

    Expires 2027-01-20

  4. CertificationFire Alarm Certification

    Certification BC-2025-003805 · Certified

    Expires 2026-02-11

  5. CertificationEmergency and Standby Power Systems Certification

    Certification BC-2025-003804 · Certified

    Expires 2026-02-11

  6. PermitAddition and/or Alteration

    Permit EP-2024-011622 · Completed

    Re-work and rewire 1st floor to accommodate new layout. Install new devices, switches, outlets, and GFCI's. Rewire where needed. No exterior work permitted as part of this permit. (As per PHC conditions)

  7. PermitAddition and/or Alterations

    Permit FP-2024-002294 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13R IN THE BASEMENT AND FIRST FLOOR OF AN EXISTING BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH A 2" WILKINS 950XTL2 BACKFLOW PREVENTION ASSEMBLY AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  8. PermitAlterations

    Permit PP-2024-014575 · Completed

    Install new fixtures with piping. 1-toilet, 1-tub, 1- vanity, 1- kitchen sink and 1- washer machine (washer is located in basement). 5 FIXTURES

  9. PermitAddition and/or Alteration

    Permit CP-2024-002469 · Completed

    For Level 2 alteration and change of occupancy of the existing basement and 1st floors of an existing 3-story building to create one additional dwelling unit. The sprinkler shall be installed throughout the area of renovation on the basement and 1st floors. Separate permits required for the mechanical, electrical, plumbing, fire alarm, and fire protection.

  10. CertificationFire Alarm Certification

    Certification BC-2024-002780 · Certified

    Expires 2025-01-30

  11. AppealZBA Permit Denial - Variance

    Appeal ZP-2023-004013 · Completed · Granted

    Related permit ZP-2023-004013 · [PERMIT] For a three (3) family (multi-family) household living in an existing structure.

  12. PermitChange of Use

    Permit ZP-2023-004013 · Issued

    Residential - Household Living - Multi-Family

  13. PermitInterior Non-Load-Bearing Wall Demo.

    Permit 1025280 · Expired

    REPAIR AND POINT BRICK AS REQUIRED-MORTAR MIX TO BE 6 PARTS SAND, 2 PARTS LIME, 1 PART PORTLAND CEMENT ALL SAMPLES; NO UNPAINTED SURFACES SHOULD BE PAINTED UNDER THE SCOPE; MORTAR COLOR SHALL MATCH COLOR OF MORTAR THAT EXISTS UNDERNEATH PAINT; APPLICANT SHALL PROVIDE PHC STAFF W/SAMPLES OF MORTAR ONCE POINT HAS BEEN REMOVED PRIOR TO APPLYING NEW MORTAR; MUST BE PHC STAFFS APPROVAL PRIOR TO REPACHING ANY SECTIONS OF FACADE ONCE BRICK PREPARE AND POINTING WORK IS COMPLETE AS PER HISTORICAL COMMISSION APPROVAL.

  14. PermitAlteration

    Permit 990475 · COMPLETED

    INSTALL (5) ALL WOOD FULL REPLACEMENT WINDOWS WITH CUSTOM SILLS & BRICKMOLD AS PER ATTACHED DRAWINGS. APPROVED BY PHC. (MIXED-USE)

  15. LicenseRental

    License 695674 · Active

    RKP C LLC · Expires 2027-02-01

  16. Recorded transfer$600K transfer

    2015

  17. PermitMajor alteration

    Permit 199348 · COMPLETED

    REMOVE PERMANENTLY INSTALLED WINDOW AC UNIT AND ACCOMPANYING SIDELIGHTS AND REPLACE WITH A SINGLE FIXED WINDOW AS PER PLANS

  18. PermitPlumbing

    Permit 194159 · COMPLETED

    REPLACE LATERAL

  19. PermitPlumbing

    Permit 193459 · COMPLETED

    REPLACEMENT OF CURB TRAP ONLY

  20. LicenseRental

    License 457323 · Closed

    MFPB 16TH STREET LLC (ICR AGENT) · Expires 2015-02-28 · Inactive 2015-04-29

  21. PermitAlteration

    Permit 114601 · COMPLETED

    EXTERIOR BRICK PAINTING PER HISTORICAL COMMISSION DIRECTION MAB PAINTS SEA SHORE RANCH RED #471

  22. PermitDemolition

    Permit 105162 · COMPLETED

    INTERIOR DEMOLITION ONLY. NO EXTERIOR WORK AND NO ALTERATIONS /CHANGES TO WINDOWS AND DOORS

  23. LicenseRental

    License 246365 · Inactive

    ALLEN WILLIAM · Expires 2008-02-29 · Inactive 2008-09-25

What this record suggests

The City file documents 12 permits touching kitchen work, electrical work, plumbing, windows. 11 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: active rental license · 1 zoning/board appeal on record. 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
3
Interior
2,142 sqft
livable area
Lot
901 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX1
city zoning code
Zoning appeals
1
Completed · Granted · 2024

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

Run the numbers

What owning 429 S 16th 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 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$653K
20%
6.875%
$3K/mo

When this house last sold (2015) a 30-year mortgage ran about 3.85% — 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

429 S 16th St sits on the 400 block of S 16th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 427 S 16th St  ·  425 S 16th St

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 1:58 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. 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)