House report

515 N 40th St

3 bd · 1 ba · 2 stories · 1,184 sqft · RSA5 · built 1920

Entity-held · assessed $300K (2026) · 2027 OPA assessment $330K · sold 1×. On the 500 block of N 40th St.

Street view of 515 N 40th St
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — 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$4,199/year

2026 taxable assessment $300,000 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $330,000; 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 242240300
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

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 1920: 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.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you’re the landlord

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

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

Aba Real Estate I L P · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $594K combined
• Tax bills mail to 1405 Dreshertown Rd, Dresher PA, 19025 — outside Philadelphia

Assessment and tax history

Every fetched annual City assessment for this house, 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.

Assessed value
$300,000
2026 billed-year assessment · 2027: $330,000 · built 1920
Price / sq ft
$279
block $232 · above block
Assessment change
+416%
+16%/yr since 2016 · 2027 +10% vs 2026
Est. tax bill / yr
$4,199
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
1

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

$0$500K$1.0MZIP 19104 median$330K2010201320162019202220252027
Property assessmentBlock median & rangeZIP 19104 medianAssessmentDeed / saleL&I violationPermitInspectionLicense

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.

Highlight
Every dated record29 events · exact dates, newest first
  1. InspectionPRECOURT (likely: pre-court compliance inspection)
  2. LicenseRental
  3. InspectionPRECOURT (likely: pre-court compliance inspection)
  4. PermitPlumbing
  5. PermitMechanical
  6. PermitElectrical
  7. InspectionBP_BLDG
  8. PermitMajor alteration
  9. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  10. L&I violationPERMB- ALTER REPAIR INT PART (Building permit required for interior alteration or repair)
  11. L&I violationPENALTY- NO PLUMB PERM INFO
  12. L&I violationPENALTY- NO ELEC PERM INFO
  13. L&I violationPENALTY- NO BLDG PERM INFO
  14. L&I violationSTOP WORK ORDER
  15. L&I violationPERMP- REQUIRED TO CORR VIOL
  16. L&I violationPERME- REQUIRED TO CORR VIOL
  17. L&I violationBLDG PERMIT REQUIRED
  18. L&I violationPERMP- ALTER/REPAIR/REPL PLUMB
  19. L&I violationPERME- INST/REPL/REPAIR WIRE (Electrical permit required for wiring installation, replacement, or repair)
  20. LicenseVacant Residential Property / Lot
  21. L&I violationEXT S-EXPOSED SURFACES MAINTAI
  22. L&I violationVAC PROP REPLAC WIN/DRS 80%
  23. L&I violationVACANT BLDG UNSECURED COUNT
  24. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  25. Deed / saleDeed / sale $12K
  26. L&I violationEXT S-WALLS MAKE WEATHERTIGHT
  27. L&I violationVACANT PROP STANDARD (likely: vacant-property enforcement standard)
  28. L&I violationLICENSE-VAC RES BLDG (vacant residential building license required)
  29. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)

The paper trail

$12K transfer recorded in 2011. Plumbing permit recorded in 2012.

  1. 2011 Inspection failedL&I visit$12KTransfer
  2. 2012 Major alterationPermit12 L&I violationsL&IL&I: 3 failed, 2 passedL&I visitElectricalPermitMechanicalPermitPlumbingPermitPlumbingPermitPlumbingPermit
  3. 2013 Inspection failedL&I visit
  4. 2017 Inspection passedL&I visit

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 32 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 318254 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  2. LicenseRental

    License 618087 · Inactive

    ABA REAL ESTATE I LP · Expires 2024-02-29 · Inactive 2024-04-29

  3. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 318254 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  4. PermitPlumbing

    Permit 432730 · COMPLETED

    INSTALL 5" LATERAL AND CURB TRAP (SFD) PA1#20122891006

  5. PermitPlumbing

    Permit 429264 · COMPLETED

    FRESH AIR INLET AND PHILADELPHIA REGULATION VENT BOX REPLACEMENT AT THE CURB

  6. PermitPlumbing

    Permit 425019 · COMPLETED

    REROUGH WASTE AND WATER LINE AND SET FIXTURE 1-BATH TUB 1-KIT SINK, 2-WC 2-LAV SINK (SFD)

  7. PermitMechanical

    Permit 424535 · COMPLETED

    INSTALL ONE 75,000 BTU A/C WITH 2 1/2 TON P/C ALSO WITH & THIRTY FT. OF TRUNK LINE WITH 8 SUPPLY REGISTRY AND ONE RETURN GRILL.

  8. PermitElectrical

    Permit 424286 · COMPLETED

    1 NEW 200AMP SVC/NEW RECEPTS,SWITCHES,LGHTS & SMOKES THROUGHOUT AS PER 2008 NEC (SDF)

  9. InvestigationBP_BLDG

    Case 327603 · PASSED

    The cited inspection visit was marked passed.

  10. PermitMajor alteration

    Permit 405623 · COMPLETED

    RENOVATION OF AN EXISTING SINGLE FAMILY DWELLING AS PER PLANS. RENOVATION TO INCLUDE AREA IN DOTTED LINES ON PLAN FIRST AND SECOND FLOOR; REAR WALL STUCCO; REFRAME AND INSTALLATION OF NEW STAIRS; NEW ROOF SHEATHING AND MEMBRANE. SEPARATE PERMITS REQUIRED FOR ELECTRIC; PLUMBING AND ,MECHANICAL.

  11. ViolationPERMB- ALTER REPAIR INT PART (Building permit required for interior alteration or repair)

    Case 327603 · Violation 2438142 · Code A-301.1/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  12. ViolationPENALTY- NO PLUMB PERM INFO

    Case 327603 · Violation 2438151 · Code A-901.13/3 · ERROR

  13. ViolationPENALTY- NO ELEC PERM INFO

    Case 327603 · Violation 2438150 · Code A-901.13/2 · ERROR

  14. ViolationPENALTY- NO BLDG PERM INFO

    Case 327603 · Violation 2438149 · Code A-901.13/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. ViolationSTOP WORK ORDER

    Case 327603 · Violation 2438148 · Code A-504.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. ViolationPERMP- REQUIRED TO CORR VIOL

    Case 327603 · Violation 2438147 · Code A-501.1/4 · ERROR

  17. ViolationPERME- REQUIRED TO CORR VIOL

    Case 327603 · Violation 2438146 · Code A-501.1/3 · ERROR

  18. ViolationBLDG PERMIT REQUIRED

    Case 327603 · Violation 2438145 · Code A-501.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. ViolationPERMP- ALTER/REPAIR/REPL PLUMB

    Case 327603 · Violation 2438144 · Code A-301.1/55 · ERROR

  20. ViolationPERME- INST/REPL/REPAIR WIRE (Electrical permit required for wiring installation, replacement, or repair)

    Case 327603 · Violation 2438143 · Code A-301.1/51 · ERROR

  21. InvestigationBP_BLDG

    Case 327603 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  22. LicenseVacant Residential Property / Lot

    License 559901 · Closed

    ABA REAL ESTATE · Expires 2013-02-28 · Inactive 2014-02-15

  23. LicenseVacant Residential Property / Lot

    License 558720 · Closed

    ABA REAL ESTATE I L P · Expires 2013-02-28 · Inactive 2014-02-15

  24. ViolationEXT S-EXPOSED SURFACES MAINTAI

    Case 318254 · Violation 2744765 · Code PM-304.5/2 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  25. ViolationVAC PROP REPLAC WIN/DRS 80%

    Case 318254 · Violation 2744766 · Code PM-306.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  26. ViolationVACANT BLDG UNSECURED COUNT

    Case 223740 · Violation 2206787 · Code PM-306.2/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  27. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 223740 · 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.

  28. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 223740 · CLOSED

    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. City marked the record closed; open the case for the closing reason.

  29. Recorded transfer$12K transfer

    2011

  30. ViolationEXT S-WALLS MAKE WEATHERTIGHT

    Case 223740 · Violation 2206785 · Code PM-304.3/2 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  31. ViolationVACANT PROP STANDARD (likely: vacant-property enforcement standard)

    Case 223740 · Violation 2206786 · Code PM-306.0/1 · COMPLIED

    A legacy L&I label associated with vacant-property requirements. It may concern licensing, securing, or maintaining a vacant structure; the notice and cited code control, and this row alone does not prove the property is vacant now. City marked this violation complied with; check the resolution date and live case for what was accepted.

  32. ViolationLICENSE-VAC RES BLDG (vacant residential building license required)

    Case 223740 · Violation 2206784 · Code PM-102.4/2 · COMPLIED

    This usually records a requirement to obtain a Vacant Structure License for an unoccupied residential building. Check later license and compliance rows because it does not establish present vacancy or an unresolved violation. 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 bathroom work, electrical work, plumbing, roof work. 6 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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,184 sqft
livable area
Lot
1,015 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 515 N 40th 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.

$330K
20%
6.875%
$1K/mo

When this house last sold (2011) a 30-year mortgage ran about 4.45% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Estimated cash needed
down + 4% planning allowance
Modeled cash flow
rent − shown costs · /mo
Modeled cap rate
modeled NOI ÷ price
Modeled cash-on-cash
modeled year-1 return

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.

Block context

515 N 40th St sits on the 500 block of N 40th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 513 N 40th St  ·  517 N 40th St

Where this comes from

Methodology & freshness

This report was assembled Jul 11, 2026, 8:40 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)