Multi-family report

440 W Queen Ln

7 bd · 3 stories · 2,496 sqft · RTA1 · built 2025

Investor / LLC · assessed $65K (2026) · 2027 OPA assessment $65K · 2 licensed units. On the 400 block of W Queen Ln.

Street view of 440 W Queen Ln
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$903/year

2026 taxable assessment $64,500 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $64,500; 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 123000001
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

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 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 last transfer used nominal consideration

The latest deed records $100 or less and shared-name parties. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.

If you’re the landlord

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

Rosmand Properties LLC · corporate / LLC owner

• Owns 11 properties across Philadelphia under this name, assessed at $1.8M combined
• Tax bills mail to 5015 Knox Street, Philadelphia PA, 19144
• 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 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
$64,500
2026 billed-year assessment · 2027: $64,500 · built 2025
Price / sq ft
$26
block $165 · below block
Appreciation
+396%
+49%/yr since 2023 · 2027 +0% vs 2026
In 5 years (~2032)
~$478K
+49%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$903
1.4% effective
Jun 2022 tax snapshot
Gross yield
23.7%
≈$1K/mo rent
Times sold
0
latest deed has shared-name parties

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

$0$250K$500KZIP 19144 median$65K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19144 medianAssessmentAppeal

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 record1 event · exact dates, newest first
  1. AppealZBA Permit Denial - Variance

The paper trail

built new under a 2024 permit.

  1. 2023 Appeal granted with conditionsZoning
  2. 2024 New ConstructionPermitNew ConstructionPermitExcavationPermitNew ConstructionPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew ConstructionPermit

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 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealZBA Permit Denial - Variance

    Appeal ZP-2022-012462 · Completed · Granted with conditions

    PERMIT FOR THE ERECTION OF A SEMI-DETACHED STRUCTURE. FOR USE AS TWO (2) FAMILY DWELLING (HOUSEHOLD LIVING). SIZE AND LOCATION AS SHOWN IN PLAN.

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.

Flags: active rental license · 1 zoning/board appeal on record · latest deed has shared-name parties — relationship unverified. 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.

Bedrooms
7
Stories
3
Interior
2,496 sqft
livable area
Lot
2,606 sqft
Basement
Full, finished
city code 1
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RTA1
city zoning code
Zoning appeals
1
Completed · Granted with conditions · 2023

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

Run the numbers

What owning 440 W Queen Ln 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.

$65K
20%
6.875%
$2K/mo
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

440 W Queen Ln sits on the 400 block of W Queen Ln. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 438 W Queen Ln  ·  442 W Queen Ln

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 12:09 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)