2026 taxable assessment $257,100 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $284,000; it is not the 2026 billed-year value.
Multi-family report
3 bd · 2 ba · 2 stories · 1,590 sqft · RSA3 · built 1925
Entity-held · assessed $257K (2026) · 2027 OPA assessment $284K · 2 licensed units · sold 1×. On the 5000 block of Locust St.

Open the research chat with this property already in context. Curated questions are free.
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Property tax
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.
2026 taxable assessment $257,100 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $284,000; it is not the 2026 billed-year value.
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 6020744002026 taxable assessment equals the full assessed value.
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.”
$200K transfer recorded in 2022. Change of Use permit recorded in 2022.
View supporting records →The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.
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.
Appeal #ZP-2022-006280 was granted in 2023 for permit for a two (2) family household living in an existing structure.; the City row still reports status Completed. Verify the registered use and certificate of occupancy with L&I instead of assuming the use predates the code.
Built 1925: 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.
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.
5041 Locust LLC · corporate / LLC owner
• Tax bills mail to 785 Main Street, Sewell NJ, 08080 — outside Philadelphia
• Holds an active rental license for this address
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.
Assessment vs. the block and ZIP · every dated City record marked on the line
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.
$200K transfer recorded in 2022. Change of Use permit recorded in 2022.
Records behind the chart
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
License 924977 · Active
5041 locust LLC · Expires 2027-05-30
Appeal ZP-2022-006280 · Completed · Granted
Related permit ZP-2022-006280 · PERMIT FOR A TWO (2) FAMILY HOUSEHOLD LIVING IN AN EXISTING STRUCTURE.
Permit ZP-2022-006280 · Issued
Residential - Household Living - Two-Family
Permit PP-2022-015835 · Completed
Installation of New Kitchen Drain Line & Water Supply Lines in 2nd Floor unit Only
Permit PP-2022-015542 · Expired
INSTALL 1 toilet 1vanity 1tub
Permit RP-2022-011644 · Expired
EZ PERMIT STANDARDS ALTERATIONS - For alterations to an Existing One Family Dwelling as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans. Structural alteration or repair is expressly prohibited under this permit. Prohibited structural work any modifications to exterior walls, party walls, floor/roof framing or foundations, including underpinning, excavation, and removal of foundation slab. WORK IN THE BASEMENT OR CELLAR IS NOT INCLUDED ON THE EZ ALT PERMIT. All work as per the Engineer's letter attached. Separate permits required for Mechanical, Electric and Plumbing.
Permit EP-2022-010028 · Completed
replace 150 amp service entrance cable, replace 150 amp sub feeder and disconnect, install 150 amp 30 circuit breaker panel, full grounding system, rewire the following areas 2nd floor hallway,3way and 2 ceiling lights stairwell,3way with light front bed,switch,light,3 outlets, arc fault middle bed, switch,light,3 outlets, arc fault bathroom, switch,light,circuit with gfi outlet kitchen, arc fault for frig,microwave,disposal,4 countertop gfi outlets,8 led recessed lights, arc fault lighting circuit,240 volt range line and outlet laundry area,240 volt 30 amp dryer line and outlet,20 amp arc fault for washer gfi outlet,2 recessed lights and switch ALL WIRING BEING FISHED as per 2014 nec
2022
Case 270559 · PASSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.
License 533567 · Inactive
,ALLEN CHARLES ALLEN STEPHEN · Expires 2017-02-28 · Inactive 2017-04-29
Case 270559 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Permit 335822 · COMPLETED
REPLACE CURB TRAP AND FRESH AIR INLET
Case 270559 · Violation 2073320 · Code FC-1008.1/3 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073322 · Code FC-908.7/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073323 · Code PM-405.3/9 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073321 · Code FC-907.3/20 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073325 · Code PM-102.6/3 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073326 · Code PM-102.8/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073327 · Code PM-405.3/6 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 270559 · Violation 2073324 · Code PM-102.3/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
What this record suggests
The City file documents 6 permits touching kitchen work, bathroom work, electrical work, plumbing. 4 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 city assessor's field record — the physical spec sheet behind the assessed number.
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
What owning 5041 Locust 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.
When this house last sold (2022) a 30-year mortgage ran about 5.34% — Freddie Mac's average that year.
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.
5041 Locust St sits on the 5000 block of Locust St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 5039 Locust St · 5043 Locust St
This report was assembled Jul 11, 2026, 1:26 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)