The Block Report

House report

7017 Pipers Glen Way

4 bd · 3 stories · 2,210 sqft · CMX2.5 · built 2024

Owner-occupied · assessed $600K · sold 2×. On the 7000 block of Pipers Glen Way.

Property summary

Assessment$600KCity assessed value Last sale$585KRecorded 2024 Est. annual tax$2K/yearAssessment × 1.3998% Tax delinquency$2KCity snapshot · Jun 2022 Permits0Dated events in report ViolationsNone openNone open when assembled

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

BlockReport AI · cited public records

Ask the questions this record raises.

These curated questions are free. Choose one to open its cited answer.

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:

Street view of 7017 Pipers Glen Way
From the street — imagery © Google
From above — imagery © Esri, Maxar

Verify the current balance before relying on it.

$2K was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $1.1M in 2021, built new (tax-abated), sold for $585K in 2024.

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 1970% in 2025, but no matching permit appears in the property timeline.

Evidence: assessment moved from $29,000 to $600,300 · no permit shown in 2024-2026

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 $1,678/yr under a 10-year abatement. The estimate steps up every year and reaches about $8,397/yr in 2035 — $6,719/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2035 it can — knocking about $1,400/yr off the full bill.

$2,062 in the June 2022 delinquency snapshot

The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia Revenue.

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
$600K
built 2024
Price / sq ft
$271
block $271 · in line w/ block
Appreciation
+1969%
+46%/yr, city 6.5%
In 5 years (~2031)
~$614K
+46%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Jun 2022 tax snapshot
$2K
delinquency recorded then · verify current
Gross yield
2.4%
≈$1K/mo rent
Times sold
2
kept in the family

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

$0$500K$1.0M2021: Land $1.1M2024: Sold $585K$600K201920232027
This houseBlock median & rangeSaleLand buy

The paper trail

New construction

Bought for $1.1M in 2021, built new (tax-abated), sold for $585K in 2024.

  1. 2021 $1.1MLand buy
  2. 2024 $585KSold

Flags: tax-abated — the bill lags real value · $2K recorded in the June 2022 delinquency snapshot — verify current balance · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $1,678/yr under a 10-year tax abatement that steps down every year. In 2035 the assessment-based estimate reaches ~$8,397/yr — a step up of $6,719/yr, 8 assessment years out. Drag the slider.

2019: ~$406/yr2020: ~$406/yr2021: ~$406/yr2022: ~$406/yr2023: ~$406/yr2024: ~$406/yr2025: ~$1,681/yr2026: ~$1,681/yr2027: ~$1,678/yr2028: ~$2,518/yr (projected)2029: ~$3,358/yr (projected)2030: ~$4,198/yr (projected)2031: ~$5,038/yr (projected)2032: ~$5,877/yr (projected)2033: ~$6,717/yr (projected)2034: ~$7,557/yr (projected)2035: ~$8,397/yr (projected)2036: ~$8,397/yr (projected)201920352036
2027~$1,678/yrestimated from assessment

now: ($599,900 assessed − $480,026 abated) × 1.3998% ≈ $1,678/yr 2035: $599,900 assessed × 1.3998% ≈ $8,397/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
Stories
3
Interior
2,210 sqft
livable area
Lot
1,160 sqft
Basement
Partial, finished
city code E
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
Quality grade
B
assessor's grade
Zoning
CMX2.5
city zoning code

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

Run the numbers

What owning 7017 Pipers Glen Way 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.

$585K
20%
6.875%
$1K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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

7017 Pipers Glen Way sits on the 7000 block of Pipers Glen Way. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 7015 Pipers Glen Way  ·  7019 Pipers Glen Way

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)