2026 taxable assessment $462,600 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $655,200; it is not the 2026 billed-year value.
Mixed-use report
687 N Broad St
2,800 sqft · CMX4 · built 1916
Owner-occupied · assessed $750K (2026) · 2027 OPA assessment $655K · 3 licensed units · sold 1×. On the 600 block of N Broad St.
BlockReport AI · cited public records
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Property summary
Assessment$750,0002026 OPA assessment · 2027: $655,200
Last sale$660KRecorded 2020
Est. tax bill$6,475/year2026 taxable assessment · full-value scenario $10,499/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits8Dated events in report
Violations0 openNo historical match in fetched records
“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:
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 8710001722026 OPA taxes $462,600 of $750,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.
See the assessment math →Historical delinquency sources No current conclusion
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.
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 recordNew construction
Why it mattersbuilt new under a 2021 permit (reduced taxable assessment shown).
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
Verify the current tax bill and exemption
The 2026 taxable assessment implies about $6,475/yr, while applying the same rate to the full assessment would imply about $10,499/yr — $4,024/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.
Built 1916: 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
Verify which assessment relief applies
OPA shows a material assessment exemption, but this record does not identify its legal basis or transfer treatment. Ask OPA for the approval history; if the current treatment ends, an eligible owner-occupant may need to apply separately for Homestead relief.
Construction next door (689-95 N Broad St, 2024)
Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.
If you’re the landlord
Lead certificate is not optional
Built 1916: 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.
The investment read
How this building has moved and where it's pointed: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.
Assessed value
$750,000
2026 billed-year assessment · 2027: $655,200 · built 1916
Price / sq ft
$234
block $181 · above block
Appreciation
-13%
-7%/yr since 2025 · 2027 -13% vs 2026
In 5 years (~2032)
~$467K
-7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$6,475
0.99% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
3.2%
≈$2K/mo rent
Times sold
1
licensed rental
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2025$750K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$750K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$655K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Appeal · 2021-10-04BBS Permit DenialA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
Property assessmentBlock median & rangeZIP 19123 medianAssessmentAppeal
Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Every dated record1 event · exact dates, newest first
- AppealBBS Permit Denial
The paper trail
New constructionbuilt new under a 2021 permit (reduced taxable assessment shown).
- 2021 Appeal approvedZoningNew ConstructionPermitAlterationsPermit
- 2022 Addition and/or AlterationPermitAddition and/or AlterationsPermitAlterationsPermitAddition and/or AlterationPermitL&I violationL&ISigns (Accessory / Non-Accessory)PermitInspection failed ×4L&I visitSignPermit
- 2024 Inspection passedL&I visit
Records behind the chart
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.
Browse 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
- AppealBBS Permit Denial
Appeal CP-2020-006646 · Completed · Approved
**AMENDMENT FOR EXTERIOR WALL OPENINGS WITH ZERO FIRE SEPARATION DISTANCE AT SIDE PROPERTY LINE** FOR LEVEL III ALTERATIONS WITH CHANGE OF OCCUPANCY FOR BUSINESS AND PROFESSIONAL OFFICE ON THE BASEMENT AND FIRST FLOOR AND THREE-DWELLING UN
What this record suggests
The timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.
Flags: material assessment exemption — legal basis and term unverified · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $6,475/year. Applying the same 1.3998% rate to the full assessed value would imply ~$10,499/year — $4,024/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.
2026: ($750,000 assessed − $287,434 exempt) × 1.3998% ≈ $6,475/yr
full-assessment scenario: $750,000 × 1.3998% ≈ $10,499/yr
The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.
The property, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Interior
2,800 sqft
livable area
Lot
1,409 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C+
assessor's grade
ABCDE
Zoning
CMX4
city zoning code
Zoning appeals
1
Completed · Approved · 2021
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 687 N Broad 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 3 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.
When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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, $2,100/yr insurance, 1% of price/yr maintenance; taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.
Block context
687 N Broad St sits on the 600 block of N Broad St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 685 N Broad St · 689-95 N Broad 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
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 9, 2026, 3:40 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. “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)