2026 taxable assessment $60,293 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $224,200; it is not the 2026 billed-year value.
House report
3 bd · 1 ba · 2 stories · 1,269 sqft · RSA5 · built 2009
Entity-held · assessed $226K (2026) · 2027 OPA assessment $224K · sold 1×. On the 700 block of N 40th St.

Open the research chat with this property already in context. Curated questions are free.
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Property tax
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.
2026 taxable assessment $60,293 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $224,200; it is not the 2026 billed-year value.
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 2431142152026 OPA taxes $60,293 of $226,100 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 →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.”
new construction appears in a 2007 permit with a reduced taxable assessment shown, followed by a recorded transfer of $835K in 2016.
View supporting records →The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.
The 2026 taxable assessment implies about $844/yr, while applying the same rate to the full assessment would imply about $3,165/yr — $2,321/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.
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.
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.
Union Hill Properties LP · corporate / LLC owner
• Owns 12 properties across Philadelphia under this name, assessed at $2.6M combined
• Tax bills mail to 402 Highgate Dr, Ambler PA, 19002 — outside Philadelphia
• Holds an active rental license for this address
Every fetched annual City assessment for this house, 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.
Assessment vs. the block and ZIP · every dated City record marked on the line
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.
new construction appears in a 2007 permit with a reduced taxable assessment shown, followed by a recorded transfer of $835K in 2016.
Records behind the chart
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
License 734834 · Active
Union Hill Properties, LP · Expires 2027-05-14
Case 553836 · PASSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.
Case 534287 · PASSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.
Case 512120 · PASSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.
Case 507481 · CLOSED
A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.
Case 534287 · Violation 3943399 · Code PM15-302.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 534287 · Violation 3943400 · Code PM15-302.4 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 534287 · Violation 3943398 · Code PM15-108.2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 534287 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
2016
Case 507481 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case 507480 · CLOSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.
Case 512120 · Violation 3783829 · Code PM15-302.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 512120 · Violation 3783831 · Code PM15-901.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 512120 · Violation 3783830 · Code PM15-302.4 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 512120 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case 507915 · Violation 3751677 · Code PM15-302.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507915 · Violation 3751689 · Code PM15-902.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507915 · Violation 3751679 · Code PM15-901.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507915 · Violation 3751678 · Code PM15-302.4 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507480 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case 507915 · FAILED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case 507915 · PASSED
A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.
Case 507480 · Violation 3751336 · Code PM15-302.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507480 · Violation 3751337 · Code PM15-302.4 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507480 · Violation 3751338 · Code PM15-901.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507480 · Violation 3751339 · Code PM15-902.1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 507481 · Violation 3995930 · Code 9-3905 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
Permit 192050 · COMPLETED
Permit 191192 · COMPLETED
INSTALL NEW LATERAL
Permit 160588 · COMPLETED
INSTALLATION OF A 200AMP SERVICE, BRANCH CIRCUIT WIRING AND COMMUNICATION POINTS AS PER 2005 NEC (WEST DISTRICT)
Permit 158226 · COMPLETED
INSTALL NEW PLUMBING SYSTEM
Permit 112862 · COMPLETED
THE ERECTION OF A 3 BEDROOM, SEMI DETACHED, SINGLE FAMILY HOME NOT TO EXCEED 35'HIGH (UNIT TYPE "A").
Permit 22567 · COMPLETED
RELOCATION OF LOT LINES TO CREATE 4 LOTS FROM 5 LOTS, ERECT NEW S.F.D. ON EACH LOT.
Permit 50851 · COMPLETED
ERECT NEW S.F.D. ON EACH LOT.
Case 96152 · CLOSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. City marked the record closed; open the case for the closing reason.
What this record suggests
The City file documents 7 permits touching electrical work, plumbing. 7 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Flags: material assessment exemption — legal basis and term unverified · active rental license. Informational only — not investment advice or a consumer report (FCRA).
OPA's 2026 taxable assessment implies about $844/year. Applying the same 1.3998% rate to the full assessed value would imply ~$3,165/year — $2,321/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: ($226,100 assessed − $165,806 exempt) × 1.3998% ≈ $844/yr
full-assessment scenario: $226,100 × 1.3998% ≈ $3,165/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 city assessor's field record — the physical spec sheet behind the assessed number.
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
What owning 731 N 40th 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 (2016) a 30-year mortgage ran about 3.65% — Freddie Mac's average that year.
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 with an optional full-assessment stress test, 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.
731 N 40th St sits on the 700 block of N 40th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 729 N 40th St · 733 N 40th St
This report was assembled Jul 10, 2026, 12:51 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)