2026 taxable assessment $42,556,600 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $48,636,100; it is not the 2026 billed-year value.
Commercial property report
433-41 Chestnut St
10 stories · 17,648 sqft · CMX4 · built 2012
Hotel · 270 units · Khp II Chestnut LLC · assessed $43M (2026) · 2027 OPA assessment $49M. On the 400 block of Chestnut St.
BlockReport AI · cited public records
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Property summary
Assessment$42,556,6002026 OPA assessment · 2027: $48,636,100
Last sale$6.5MRecorded 2010
Est. tax bill$595,707/year2026 taxable assessment × 1.3998%
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
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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 8830097002026 taxable assessment equals the full assessed value.
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 recordNew construction
Record summarynew construction appears in a 2022 permit.
View supporting records →The property record, over time
Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $48,636,100; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
- OPA assessment · 2016$32M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$32M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2018$51M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$47M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$49M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$49M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$49M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$43M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$43M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$43M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$43M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$49M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Appeal · 2010-09-29Zoning board appealA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
- Appeal · 2011-06-08Zoning board appealA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
- Appeal · 2012-12-19Zoning board appealA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
Property assessmentAssessmentAppeal
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.
Every dated record3 events · exact dates, newest first
- AppealZoning board appeal
- AppealZoning board appeal
- AppealZoning board appeal
Commercial propertyProperty report
This is a hotel, recorded under the city's hotel category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.
What it is
Hotel
Hotel 10-14 Sty Masonry
Owner
Khp II Chestnut LLC
OPA tax treatment
Assessed $43M
Taxable assessment on the roll
$ / sq ft
$2756
above the $172 median for 106 hotel parcels citywide
Corridor
Old City
city commercial corridor
Licensed units
270
active rental license
Assessed value
$42,556,600
2026 OPA · 2027: $48,636,100
Interior area
17,648 sqft
Lot size
17,648 sqft
Stories
10
Built
2012
Zoning
CMX4
Records behind the chart
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.
Browse 3 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- AppealZoning board appeal
Appeal 19168 · CLOSED · Granted
PERMIT FOR THE ERECTION OF NINE (9) FLATWALL SIGNS ON THE SIDE OF THE BUILDING (5TH ST.) AND ONE (1) SIGN ON THE REAR OF THE BUILDING (RANSTEAD ST.) ALL ACCESSORY TO AN EXISTING HOTEL WITH A RESTAURANT AND ACCESSORY SIGNS ON THE FRONT OF TH
- AppealZoning board appeal
Appeal 15136 · CLOSED · Granted with conditions
PERMIT FOR THE REMOVAL OF AREA IN MEZZANINE, 9TH, 10TH AND 11TH FLOORS AND INCREASE IN FLOOR AREA IN CELLAR, MEZZANINE, AND ERECTION OF A ONE STORY ADDITION (ROOFTOP LOUNGE OVERHANG (6'X90'2", 6'X38'4", 3'3"X0'6") ) AND ROOF TOP TERRACE ON
- AppealZoning board appeal
Appeal 13246 · CLOSED · Granted
PERMIT FOR THE RESTAURANT WITH DIRECT ACCESS FROM THE STREET, BALLROOM AND BANQUET FACILITIES AS PART OF PREVIOUSLY APPROVED HOTEL CONTAINING 270 ROOMS, MEETING SPACE, ACCESSORY ADMINISTRATIVE OFFICES, ACCESSORY SERVICES AND FACILITIES IN A
What this record suggests
The timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.
Who's behind it
Khp II Chestnut LLC · corporate / LLC owner
• Tax bills mail to 222 Kearney St, San Francisco CA, 94108 — outside Philadelphia
• Holds an active rental license for this address
Block context
433-41 Chestnut St sits on the 400 block of Chestnut St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 431 Chestnut St · 425-29 Chestnut 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 9, 2026, 4:45 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)