2026 taxable assessment $160,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $150,900; it is not the 2026 billed-year value.
Multi-family report
5432 Market St
2 stories · 1,600 sqft · CMX2 · built 1925
Absentee individual · assessed $160K (2026) · 2027 OPA assessment $151K · sold 1×. On the 5400 block of Market St.
Property summary
Assessment$160,0002026 OPA assessment · 2027: $150,900
Last sale$35KRecorded 2018
Est. tax bill$2,240/year2026 taxable assessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits0Every fetched City permit
Violations8 open19 historical across 5 cases
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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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 6030039002026 taxable assessment equals the full assessed value.
Historical delinquency sources Record found
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
A separate historical parcel ledger ending in 2016 records $3,265.64 and a lien entry. It is shown as historical context only.
2010$23.22 total · $0.00 principal · -$0.02 interest · $1.17 penalty2011$122.11 total · $0.00 principal · $20.00 interest · $63.40 penalty2012$357.25 total · $0.00 principal · $216.92 interest · $65.84 penalty2013$290.59 total · $0.00 principal · $158.09 interest · $68.21 penalty2014$271.09 total · $0.00 principal · $83.70 interest · $59.33 penalty2015$1,147.53 total · $847.55 principal · $89.00 interest · $59.33 penalty2016$1,053.85 total · $885.37 principal · $13.28 interest · $8.85 penalty
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 recordHistory
Why it matters5 L&I violations (2007); 5 L&I violations (2011); sold $35K (2018); 6 L&I violations (2023); Inspection failed (2023); Inspection failed (2024); Appeal complete (2024); 3 L&I violations (2025); Inspection failed ×2 (2025); L&I: 1 failed, 1 passed (2026).
View supporting records →City Property History
Fetched L&I and zoning records
Every row successfully fetched for this report is counted below. Dataset availability and matching can differ from the City's interactive file; use the official link for current detail.
- Recorded owner
- Matthew Novatnack
- Tax mailing address
- 150 GAY ST, PHILADELPHIA PA, 19127
- L&I district
- CENTRAL WEST
- Building ID (BIN)
- —
- OPA account
- 603003900
Permits0No match
Violation cases519 violation records · 2 open
Investigations1310 failed · 3 passed · 0 closed
Building certifications0No match
Business licenses40 active
Appeals1Closed · Complete
PermitsPermit number, issued date, work and City status0
No permits matched this parcel in the fetched City dataset.
Violation cases19 individual violation records; resolved history remains visible5
Case 127228CLOSED
STANDARD · Opened Sep 7, 2007
- INT S-FLOOR REPAIRViolation 810425Sep 6, 2007 COMPLIED
- EXT S-DOOR WEATHERTIGHTViolation 810429Sep 6, 2007 COMPLIED
- EXT S-ROOF REPAIRViolation 810428Sep 6, 2007 COMPLIED
- INT S-WALLS REPAIR/MAINT SANIViolation 810427Sep 6, 2007 COMPLIED
- INT S-CEILING REPAIR/MAINT SANViolation 810426Sep 6, 2007 COMPLIED
Case 294919CLOSED
STANDARD · Opened Sep 1, 2011 · completed Oct 17, 2011
- LICENSE-NO LIC/NO RENTViolation 2201727Aug 31, 2011 COMPLIED
- LICENSE-RES SFD/2FDViolation 2201726Aug 31, 2011 COMPLIED
- INT S-CEILING REPAIR/MAINT SANViolation 2201729Sep 2, 2011 COMPLIED
- INT-WATER HEATING SYSTEM-RESViolation 2201730Sep 2, 2011 COMPLIED
- EXT S-LOCK REPAIR/REPLACEViolation 2201728Sep 2, 2011 COMPLIED
Case CF-2023-106036IN VIOLATION
NOTICE OF VIOLATION · Opened Oct 11, 2023
- VACANT STRUCTURE & LANDViolation VI-2023-079113Oct 11, 2023 OPEN
- EXTERIOR AREA WEEDSViolation VI-2023-079114Oct 11, 2023 OPEN
- EXTERIOR AREA DRAINAGEViolation VI-2023-079115Oct 11, 2023 OPEN
- DOOR AND WINDOW VACANTViolation VI-2023-079116Oct 11, 2023 OPEN
- EXTERIOR STRUCTURE IDENTIFICATIONViolation VI-2023-079117Oct 11, 2023 OPEN
- VACANT STRUCTURE LICENSEViolation VI-2023-079118Oct 11, 2023 OPEN
Case CF-2025-042075COMPLIED, BALANCE DUE
NOTICE OF VIOLATION · Opened May 13, 2025
- VACANT STRUCTURE LICENSEViolation VI-2025-031729May 13, 2025 CLOSED
Case CF-2025-042487IN VIOLATION
NOTICE OF VIOLATION · Opened May 14, 2025
- VACANT STRUCTURE & LANDViolation VI-2025-032028May 14, 2025 COMPLIED
- VACANT & OPEN PROPERTIESViolation VI-2025-032029May 14, 2025 COMPLIED
InvestigationsEvery inspector visit, including CLOSED outcomes13
HCEU INSPCase 127228
Sep 6, 2007 FAILED
HCEU INSPCase 127228
Jan 16, 2008 FAILED
HCEU INSPCase 127228
Jan 22, 2008 FAILED
HCEU INSPCase 127228
Feb 1, 2008 PASSED
HCEU INSPCase 294919
Aug 31, 2011 FAILED
HCEU INSPCase 294919
Sep 2, 2011 FAILED
HCEU INSPCase 294919
Oct 13, 2011 PASSED
L&I investigationCase CF-2023-106036
Oct 11, 2023 FAILED
L&I investigationCase CF-2023-106036
Dec 3, 2024 FAILED
L&I investigationCase CF-2025-042075
May 13, 2025 FAILED
L&I investigationCase CF-2025-042487
May 14, 2025 FAILED
L&I investigationCase CF-2025-042075
Jan 20, 2026 FAILED
L&I investigationCase CF-2025-042075
Jun 17, 2026 PASSED
Building certificationsInspection result and filed expiration date by L&I building ID0
No building certifications matched this parcel in the fetched City dataset.
Business licensesHistorical and active licenses are both retained4
RentalLicense 429514
,HARRIS JOAN CARTER THOMAS D (AGT: LEONARD R PARKS, ESQ)
Revenue code 3202 · First issued Nov 23, 2007 Inactive Expiration Nov 23, 2008 Inactive Mar 23, 2010
RentalLicense 496509
ARABA & KWAME CORP
Revenue code 3202 · First issued Mar 23, 2010 Inactive Expiration Feb 28, 2015 Inactive Apr 29, 2015
RentalLicense 773906
Matthew Novatnack
Revenue code 3202 · First issued Apr 23, 2018 Inactive Expiration Apr 22, 2021 Inactive Jun 21, 2021
Vacant Residential Property / LotLicense 884119
Matthew Novatnack
Revenue code 3219 · First issued Dec 24, 2021 Inactive Expiration Dec 23, 2024 Inactive Feb 21, 2025
AppealsApplication status and decision are separate City fields1
LIRB Violation AppealAppeal HA-2023-004505
Dec 4, 2024 Closed Complete
See Attached
City of Philadelphia OPA, L&I and Zoning Board records, shown as filed. A CLOSED investigation is an outcome label, not a missing visit; an appeal's application status and decision may differ.
Legal due diligence
What this record proves—and what it does not.
These checks are triggered by this property’s actual City rows. They identify the controlling document to verify; they do not declare a use legal, a building safe, or title clear.
2 resolve before relying
4 verify
Resolve before relyingZoning approval is not the occupancy fileThe record identifies more than one dwelling/use.
Why it mattersPhiladelphia says a zoning approval or Property Sales Certification can identify a use without proving that it was established under the Building Code. A change of use, unit count, exits, or fire rating can require a Building Permit and Certificate of Occupancy.
Verify nextVerify the lawful use, unit count, associated construction permits, and Certificate of Occupancy with L&I.
Open the controlling City guidance ↗Resolve before relying8 open L&I violations19 violation rows are retained in the City ledger.
Why it mattersOpen notices can accrue fees, block permits or license renewal, and move to court or collection. Standard initial notices generally have a 30-day appeal window; unsafe or imminently-dangerous notices have a much shorter window.
Verify nextRead the notice—not only the summary status—and confirm reinspection, fees, and appeal posture with L&I.
Open the controlling City guidance ↗VerifyResidential form does not establish rental useOPA classifies the parcel as multi-family; no active Rental License row matched.
Why it mattersA multi-unit or mixed-use classification does not prove that space is currently rented. If dwelling space is rented, Philadelphia generally requires a current Rental License and related occupancy, tax, violation, and lead compliance.
Verify nextConfirm actual occupancy first; if any unit is rented, verify the license and legal unit count with L&I.
Open the controlling City guidance ↗VerifyFailed inspections are dated events—not the current condition10 failed, 3 passed, and 0 CLOSED investigation outcomes are in the fetched history; the latest dated visit was PASSED on Jun 17, 2026.
Why it mattersA PASSED or FAILED value applies to that inspection visit. CLOSED is a separate source status; none of the three alone proves the parent permit or violation case closed—or describes today’s condition.
Verify nextOpen the parent case/permit for each material failure and confirm its later disposition.
Open the controlling City guidance ↗VerifyA historical business license is not current operating authorityVacant Residential Property / Lot #884119: Inactive since Feb 21, 2025
Why it mattersA license record proves the licensed activity existed at that time. An inactive or expired license does not establish that the business still operates—or that it may legally reopen under the same use.
Verify nextIf business income matters, verify the current tenant, use registration, and active license in eCLIPSE.
Open the controlling City guidance ↗VerifyA separate Commercial Trash account may applyOPA classifies the parcel as multi-family. BlockReport does not receive a current Commercial Trash account balance.
Why it mattersPhiladelphia charges qualifying small commercial, mixed-use, and multi-unit properties that use City collection; exemptions and private collection can change applicability. A use category alone does not prove a fee is due.
Verify nextCheck the Commercial Trash account inside the date-effective Property Payoff.
Open the controlling City guidance ↗Closing file: checks no public-record summary can replace5 documents/searches to assign before settlement
Property Sales Certification
The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.
Next: Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.
Official guidance ↗Date-effective City Property Payoff
The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.
Next: Request the City statement effective through settlement; read every period and invoice.
Official guidance ↗Professional title and water-lien searches
OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.
Next: Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.
Official guidance ↗Separate water-lien guidance ↗Seller-specific tax relief is not the buyer’s bill
LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.
Next: Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.
Official guidance ↗Separate water-lien guidance ↗Seller disclosure and independent inspections
For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections. Because OPA dates this building before 1978, separately obtain the required federal/City lead disclosures and any test results.
Next: Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.
Official guidance ↗Informational only—not a legal opinion, title report, code inspection, tax payoff, or substitute for a Pennsylvania lawyer, title company, inspector, or tax professional.
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.
Records to verify together
Several independent, separately dated records stack up here and deserve prompt verification.
Evidence: 8 open L&I violations · a lien number appears in the historical tax ledger through 2016 · failed L&I inspection activity in 2023, 2024, 2025
Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.
Assessment/permit mismatch
The assessment jumped 183% in 2023, but no matching permit appears in the property timeline.
Evidence: assessment moved from $76,300 to $215,600 · no permit shown in 2022-2024
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
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
8 open violations: the clock matters
Most L&I appeals must be filed within 30 days; unsafe or imminently dangerous orders can carry a shorter deadline. Unresolved notices can lead to fees, court enforcement, City abatement work, and liens. Read the dated notice and verify its current status with L&I.
$3,266 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
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.
The investment read
How this building 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
$160,000
2026 billed-year assessment · 2027: $150,900 · built 1925
Price / sq ft
$94
block $102 · below block
Appreciation
+191%
+11%/yr, city 6.5%
In 5 years (~2031)
~$152K
+11%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$2,240
1.48% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
6.2%
≈$776/mo rent
Times sold
1
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleL&I violationZoningPermitInspection
The paper trail
History5 L&I violations (2007); 5 L&I violations (2011); sold $35K (2018); 6 L&I violations (2023); Inspection failed (2023); Inspection failed (2024); Appeal complete (2024); 3 L&I violations (2025); Inspection failed ×2 (2025); L&I: 1 failed, 1 passed (2026).
- 2007 5 L&I violationsL&I
- 2011 5 L&I violationsL&I
- 2018 $35KSold
- 2023 6 L&I violationsL&IInspection failedL&I visit
- 2024 Inspection failedL&I visitAppeal completeZoning
- 2025 3 L&I violationsL&IInspection failed ×2L&I visit
- 2026 L&I: 1 failed, 1 passedL&I visit
Flags: 8 open L&I violations · historical tax ledger through 2016 recorded $3K with a lien entry · 1 zoning/board appeal on record. 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.
Stories
2
Interior
1,600 sqft
livable area
Lot
1,128 sqft
Exterior condition
Below average
city code 5
Above averageBelow average
Interior condition
Below average
city code 5
Above averageBelow average
Quality grade
C
assessor's grade
ABCDE
Zoning
CMX2
city zoning code
Zoning appeals
1
Closed · Complete · 2024
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 5432 Market 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 (2018) a 30-year mortgage ran about 4.54% — 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
5432 Market St sits on the 5400 block of Market St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 5430 Market St · 5434 Market 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, 8:44 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)