Multi-family report

627 Park Ln

4 bd · 2 ba · 2 stories · 1,518 sqft · RSA3 · built 1950

Owner-occupancy signal · assessed $319K (2026) · 2027 OPA assessment $351K · 2 licensed units · sold 3×. On the 600 block of Park Ln.

Street view of 627 Park Ln
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$4,463/year

2026 taxable assessment $318,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $351,300; 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 213096700
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
Finding

New construction

Record summary

$190K transfer recorded in 2006; new construction appears in a 2019 permit, followed by a recorded transfer of $247K in 2017.

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 1950: 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.

2 units and RSA3 zoning need reconciliation

The assessment or license record describes multiple units while the zoning district is generally single-family. That does not establish whether the use is lawful, nonconforming, abandoned, or incorrectly coded. Verify the registered use and Certificate of Occupancy with L&I before pricing multiple rents.

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.

If you’re the landlord

Lead certificate is not optional

Built 1950: 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.

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 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.

Assessment and tax history

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.

Assessed value
$318,800
2026 billed-year assessment · 2027: $351,300 · built 1950
Price / sq ft
$231
block $232 · in line w/ block
Assessment change
+57%
+4%/yr since 2016 · 2027 +10% vs 2026
Est. tax bill / yr
$4,463
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
3
licensed rental

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

$0$250K$500KZIP 19144 median$351K2006201020142018202220262027
Property assessmentBlock median & rangeZIP 19144 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 record12 events · exact dates, newest first
  1. PermitAddition and/or Alteration
  2. PermitRoof Covering Replacement
  3. PermitSolar Panels and Structure
  4. PermitNew construction, addition, GFA change
  5. InspectionL&I investigation
  6. L&I violationEXTERIOR AREA WEEDS
  7. InspectionL&I investigation
  8. PermitAlterations
  9. LicenseRental
  10. Deed / saleDeed / sale $247K
  11. Deed / saleDeed / sale $240K
  12. Deed / saleDeed / sale $190K

The paper trail

$190K transfer recorded in 2006; new construction appears in a 2019 permit, followed by a recorded transfer of $247K in 2017.

  1. 2006 $190KTransfer
  2. 2007 $240KTransfer
  3. 2017 $247KTransfer
  4. 2019 AlterationsPermit
  5. 2021 L&I violationL&IInspection failedL&I visit
  6. 2022 Inspection passedL&I visitNew construction, addition, GFA changePermit
  7. 2023 Roof Covering ReplacementPermitSolar Panels and StructurePermitAddition and/or AlterationPermit

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 12 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. PermitAddition and/or Alteration

    Permit EP-2023-001514 · Completed

    THE INSTALLATION OF A ROOF MOUNTED 5.6KW PV SOLAR SYSTEM ACCORDING TO THE 2017 NEC.

  2. PermitRoof Covering Replacement

    Permit GM-2023-000291 · Expired

    EZ PERMIT RE-ROOFING- For the Installation of New Roof Coverings on Exiting Roofs as per attached standard. Deviations from these standards require submission of construction and site plans. Streets Department Permit is required for any sidewalk and street closures. SHEETING MUST COMPLY WITH STANDARD AND NOT EXCEED ALLOWABLE AMOUNT OR NEED A NEW PERMIT WITH PLANS. Tear off existing roof covering Inspect sheathing for damage and/or rot, Replace if necessary Install self-sealing ice and water barrier on all eaves and valleys; includes all roof penetrations and vulnerable areas Install synthetic roof underlayment Install new roof covering (modbit, rolled comp, shingles, etc) Install aluminum drip edge / OC Starter Strip plus on all rakes and eaves Install new aluminum flashing / multi-collars around all roof penetrations Clean all job related debris In preparaton for solar panels

  3. PermitSolar Panels and Structure

    Permit GP-2022-010028 · Expired

    THE INSTALLATION OF A ROOF MOUNTED 5.6 KW BALLAST PV SOLAR SYSTEM ACCORDING TO THE 2018 IRC.

  4. PermitNew construction, addition, GFA change

    Permit ZP-2022-012495 · Issued

    For installation of roof-mounted solar panels to the existing single family home, size and location as shown on the plans.

  5. InvestigationL&I investigation

    Case CF-2021-091617 · PASSED

    The cited inspection visit was marked passed.

  6. ViolationEXTERIOR AREA WEEDS

    Case CF-2021-091617 · Violation VI-2021-065827 · Code PM15-302.4 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  7. InvestigationL&I investigation

    Case CF-2021-091617 · FAILED

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

  8. PermitAlterations

    Permit 1033352 · Completed

    NEW 3/4" WATER SERVICE AS PER 2004 PPC

  9. LicenseRental

    License 769088 · Active

    Matthew J Cooley · Expires 2027-03-12

  10. Recorded transfer$247K transfer

    2017

  11. Recorded transfer$240K transfer

    2007

  12. Recorded transfer$190K transfer

    2006

What this record suggests

The City file documents 5 permits touching electrical work, plumbing, roof work. 3 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: active rental license. 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
4
Bathrooms
2
Stories
2
Interior
1,518 sqft
livable area
Lot
3,850 sqft
Basement
Partial, unfinished
city code G
Heat
Hot water / radiators
city code B
Central air
No
Garage
2 spaces
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RSA3
city zoning code

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

Run the numbers

What owning 627 Park Ln 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.

$351K
20%
6.875%
$3K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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

627 Park Ln sits on the 600 block of Park Ln. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 625 Park Ln  ·  629 Park Ln

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 11:23 PM 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)