New construction
Why it mattersbuilt new under a 2021 permit (tax-abated), sold for $550K in 2023.
View supporting records →House report
6524 Magnolia St
3 bd · 3 ba · 3 stories · 2,334 sqft · RSA5 · built 2023
Absentee individual · assessed $550K · sold 1×. On the 6500 block of Magnolia St.
Property summary
Assessment$550KCity assessed value
Last sale$550KRecorded 2023
Est. taxes$4K/yearAnnual city record
Permits7Shown in this report
ViolationsNone openNo open L&I cases
What stands out
From the public recordWhat 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 tax bill is temporary
Today's $3,849/yr reflects a 10-year abatement. It steps up every year and reaches about $7,699/yr in 2037 — $3,850/yr more. Price the full bill, not the current one.
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
No active rental license on file
If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.
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
$550K
built 2023
Price / sq ft
$236
block $170 · above block
Appreciation
+2400%
+90%/yr, city 6.5%
In 5 years (~2031)
~$575K
+90%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.7% effective, abated
Gross yield
—
Times sold
1
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSalePermit
The paper trail
New constructionbuilt new under a 2021 permit (tax-abated), sold for $550K in 2023.
- 2021 New construction, addition, GFA changePermitNew ConstructionPermit
- 2022 New Construction or AdditionsPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermit
- 2023 $550KSold
Flags: tax-abated — the bill lags real value · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $3,849/yr under a 10-year tax abatement that steps down every year. In 2037 the bill reaches its full ~$7,699/yr — a step up of $3,850/yr, 10 assessment years out. Drag the slider.
now: ($550,000 assessed − $275,032 abated) × 1.3998% ≈ $3,849/yr
2037: $550,000 assessed × 1.3998% ≈ $7,699/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2027) — 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
3
Bathrooms
3
Stories
3
Interior
2,334 sqft
livable area
Lot
1,003 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
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 6524 Magnolia St takes, at your price and your rate. Taxes are this house's actual bill from the city record; 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 (2023) a 30-year mortgage ran about 6.81% — 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 from this parcel's record (with the abatement toggle above).
Block context
6524 Magnolia St sits on the 6500 block of Magnolia St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 6522 Magnolia St · 6526 Magnolia 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
- Back taxes & liens — Real Estate Tax Balances, Dept. of 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
City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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.
First time here?
This is 6524 Magnolia St,
on paper.
Built 2023. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)