2026 taxable assessment $124,400 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $161,200; it is not the 2026 billed-year value.
Mixed-use report
448 S 56th St
1,920 sqft · CMX2 · built 1925
Owner-occupied · assessed $124K (2026) · 2027 OPA assessment $161K · sold 1×. On the 400 block of S 56th St.
BlockReport AI · cited public records
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Property summary
Assessment$124,4002026 OPA assessment · 2027: $161,200
Last sale$50KRecorded 2016
Est. tax bill$1,741/year2026 taxable assessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits4Every fetched City permit
Violations0 open1 historical across 1 case
“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:
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 8715820702026 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 recordImproved
Why it mattersBought for $50K in 2016. Owner pulled a addition and/or alterations permit in 2024.
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 1925: 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 own it
$1,399/yr may be unclaimed
This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.
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.
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
$124,400
2026 billed-year assessment · 2027: $161,200 · built 1925
Price / sq ft
$84
block $120 · below block
Appreciation
+59%
+4%/yr since 2016 · 2027 +30% vs 2026
In 5 years (~2032)
~$199K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,741
1.08% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
6.6%
≈$893/mo rent
Times sold
1
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2016$101K 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$101K 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$98K 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$101K 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$102K 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$102K 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$102K 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$124K 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$124K 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$124K 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$124K 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$161K 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 ↗
- Deed / sale · 2016Deed / sale $50KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Permit · 2024-10-01Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2024-11-04Addition and/or AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2007-10-19VIOL NONE FOUNDA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2005-11-02BC INSP (likely: building-code inspection)Legacy inspection shorthand; confirm the inspection type and scope in the City case file.What Philadelphia inspections check ↗
- Inspection · 2007-10-18BC INSP (likely: building-code inspection)Legacy inspection shorthand; confirm the inspection type and scope in the City case file.What Philadelphia inspections check ↗
- Inspection · 2010-08-09BC INSP (likely: building-code inspection)Legacy inspection shorthand; confirm the inspection type and scope in the City case file.What Philadelphia inspections check ↗
- License · 2004-04-08Food Preparing and ServingA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- License · 2005-09-27Dumpster License - Private PropertyA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- License · 2016-10-21Food Preparing and ServingA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- Certification · 2022-06-27Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2024-04-01Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2025-03-17Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2026-03-07Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
Property assessmentBlock median & rangeZIP 19143 medianAssessmentDeed / saleL&I violationPermitInspectionLicenseCertification
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 record14 events · exact dates, newest first
- CertificationFire Alarm Certification
- CertificationFire Alarm Certification
- PermitAddition and/or Alterations
- PermitAddition and/or Alteration
- CertificationFire Alarm Certification
- CertificationFire Alarm Certification
- LicenseFood Preparing and Serving
- Deed / saleDeed / sale $50K
- InspectionBC INSP (likely: building-code inspection)
- L&I violationVIOL NONE FOUND
- InspectionBC INSP (likely: building-code inspection)
- InspectionBC INSP (likely: building-code inspection)
- LicenseDumpster License - Private Property
- LicenseFood Preparing and Serving
The paper trail
ImprovedBought for $50K in 2016. Owner pulled a addition and/or alterations permit in 2024.
- 2005 L&I: 1 failed, 2 passedL&I visit
- 2007 L&I violationL&IInspection passedL&I visit
- 2010 Inspection passedL&I visit
- 2016 $50KSold
- 2024 Addition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermit
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 17 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- CertificationFire Alarm Certification
Certification BC-2026-006142 · Certified
Expires 2027-03-07
- CertificationFire Alarm Certification
Certification BC-2025-006902 · Certified
Expires 2026-03-17
- PermitAddition and/or Alterations
Permit FP-2024-002343 · Issued
EZ KITCHEN FIRE SUPPRESSION- For the installation of New Wet Chemical Kitchen Fire Suppression System as per attached standard. Deviations from these standards require submission of construction and site plans. To install a wet chemical fire suppression system for a 5'-0" kitchen hood system.
- PermitAddition and/or Alteration
Permit EP-2024-009210 · Completed
Electrical installation for kitchen only, receptacles power for hut and kitchen appliances
- PermitAddition and/or Alterations
Permit MP-2024-004036 · Completed
FOR THE INSTALLATION OF ONE (1) TYPE 1 COMMERCIAL KITCHEN EXHAUST HOOD WITH ASSOCIATED EXHAUST FAN, MAKEUP AIR SYSTEM, AND DUCTWORK. ALL WORK TO BE DONE PER APPROVED PLANS AND IN ACCORDANCE WITH 2018 IMC AND MANUFACTURER SPECIFICATIONS. SEPARATE PERMITS TO BE OBTAINED FOR ALL OTHER WORK. SEE CP-2024-004771 FOR ASSOCIATED BUILDING PERMIT FOR NEW EXTERIOR WALL OPENINGS FOR DUCTWORK.
- PermitAddition and/or Alteration
Permit CP-2024-004771 · Completed
FOR LEVEL II ALTERATIONS TO CREATE NEW EXTERIOR WALL OPENINGS IN ASSOCIATION WITH THE INSTALLATION OF A TYPE 1 COMMERCIAL KITCHEN HOOD AS PER APPROVED PLANS AND IN ACCORDANCE WITH 2018 IEBC. SEPARATE MECHANICAL PERMIT REQUIRED FOR THE INSTALLATION OF THE COMMERCIAL KITCHEN HOOD AND ASSOCIATED DUCTWORK AND EXHAUST/MAKEUP AIR APPLIANCES. NO CHANGE TO EXISTING GROUP M GROCERY STORE OCCUPANCY.
- CertificationFire Alarm Certification
Certification BC-2024-008626 · Certified
Expires 2025-04-01
- CertificationFire Alarm Certification
Certification BC-2022-010829 · Certified
Expires 2023-06-27
- LicenseFood Preparing and Serving
License 717306 · Active
NEW FAMILY FOOD MARKET II INC · Expires 2026-10-20
- Recorded transfer$50K transfer
2016
- InvestigationBC INSP (likely: building-code inspection)
Case 131661 · PASSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.
- ViolationVIOL NONE FOUND
Case 131661 · Violation 708478 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBC INSP (likely: building-code inspection)
Case 57156 · PASSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.
- LicenseDumpster License - Private Property
License 338609 · Active
INN S LEE (LEE FOOD MARKET)
- InvestigationBC INSP (likely: building-code inspection)
Case 61602 · PASSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.
- InvestigationBC INSP (likely: building-code inspection)
Case 61602 · FAILED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- LicenseFood Preparing and Serving
License 201235 · Inactive
LEE IN SU · Expires 2016-04-30 · Inactive 2016-06-29
What this record suggests
The City file documents 4 permits touching kitchen work, electrical work. 4 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.
Interior
1,920 sqft
livable area
Lot
1,360 sqft
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C
assessor's grade
ABCDE
Zoning
CMX2
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 448 S 56th 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 the area median. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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
448 S 56th St sits on the 400 block of S 56th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 446 S 56th St · 444 S 56th 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 10, 2026, 1:05 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)