House report

521 W Norris St

4 bd · 2 ba · 3 stories · 1,692 sqft · RM1 · built 2021

Absentee individual · assessed $475K · 2 licensed units · sold 3×. On the 500 block of W Norris St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 521 W Norris St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Verify the current balance before relying on it.

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.

A separate historical parcel ledger ending in 2016 records $6K and a lien entry. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $170K in 2020, built new under a 2020 permit (tax-abated), sold for $385K in 2022.

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 384% in 2024, but no matching permit appears in the property timeline.

Evidence: assessment moved from $80,100 to $388,000 · no permit shown in 2023-2025

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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 current tax estimate is temporary

The taxable assessment implies about $1,330/yr under a 10-year abatement. The estimate steps up every year and reaches about $6,653/yr in 2034 — $5,323/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you own it

$5,771 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

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 this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$475K
built 2021
Price / sq ft
$281
block $222 · above block
Appreciation
+10702%
+53%/yr, city 6.5%
In 5 years (~2031)
~$488K
+53%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Jun 2022 tax snapshot
Gross yield
1.8%
≈$705/mo rent
Times sold
3
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$250K$500K2020: Land $170K 2020: New construction, addition, GFA change 2020: New Construction2021: New Construction 2021: New Construction or Additions 2021: New Construction 2021: New Construction or Additions 2021: L&I violation 2021: New Construction 2021: L&I: 4 failed, 4 passed2022: Sold $385K2023: Appeal complete$475K201620222027
This houseBlock median & rangeSaleLand buyL&I violationZoning

The paper trail

Bought for $170K in 2020, built new under a 2020 permit (tax-abated), sold for $385K in 2022.

  1. 2020 $170KLand buyNew construction, addition, GFA changePermitNew ConstructionPermit
  2. 2021 New ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermitNew Construction or AdditionsPermitL&I violationL&INew ConstructionPermitL&I: 4 failed, 4 passedL&I visit
  3. 2022 $385KSold
  4. 2023 Appeal completeZoning

Flags: tax-abated — the bill lags real value · active rental license · historical tax ledger through 2016 recorded $6K with a lien entry · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $1,330/yr under a 10-year tax abatement that steps down every year. In 2034 the assessment-based estimate reaches ~$6,653/yr — a step up of $5,323/yr, 7 assessment years out. Drag the slider.

2016: ~$62/yr2017: ~$62/yr2018: ~$62/yr2019: ~$62/yr2020: ~$62/yr2021: ~$62/yr2022: ~$62/yr2023: ~$1,121/yr2024: ~$1,086/yr2025: ~$1,359/yr2026: ~$1,359/yr2027: ~$1,330/yr2028: ~$2,090/yr (projected)2029: ~$2,851/yr (projected)2030: ~$3,611/yr (projected)2031: ~$4,372/yr (projected)2032: ~$5,132/yr (projected)2033: ~$5,893/yr (projected)2034: ~$6,653/yr (projected)2035: ~$6,653/yr (projected)201620342035
2027~$1,330/yrestimated from assessment

now: ($475,300 assessed − $380,286 abated) × 1.3998% ≈ $1,330/yr 2034: $475,300 assessed × 1.3998% ≈ $6,653/yr The abated slice shrinks ~10% a year (post-2022 program, started 2024) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
4
Bathrooms
2
Stories
3
Interior
1,692 sqft
livable area
Lot
753 sqft
Basement
Full, finished
city code A
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
RM1
city zoning code
Zoning appeals
1
complete 2023

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

Run the numbers

What owning 521 W Norris 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.

$475K
20%
6.875%
$1K/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 from this parcel's record (with the abatement toggle above).

Block context

521 W Norris St sits on the 500 block of W Norris St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 523 W Norris St  ·  517-19 W Norris St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)