2026 taxable assessment $108,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $520,900; it is not the 2026 billed-year value.
House report
734 N 40th St
3 stories · 2,997 sqft · RM1 · built 2024
Absentee individual · assessed $540K (2026) · 2027 OPA assessment $521K · sold 1×. On the 700 block of N 40th St.
BlockReport AI · cited public records
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Property summary
Assessment$540,0002026 OPA assessment · 2027: $520,900
Last sale$120KRecorded 2020 · later nominal deed
Est. tax bill$1,512/year2026 taxable assessment · full-value scenario $7,559/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits8Every fetched City permit
Violations0 open3 historical across 2 cases
“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 0611688012026 OPA taxes $108,000 of $540,000 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
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 recordTorn down & rebuilt
Why it mattersOld house bought for $120K in 2020, demolished in 2019 and rebuilt (2019).
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 $1,512/yr, while applying the same rate to the full assessment would imply about $7,559/yr — $6,047/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.
The last transfer used nominal consideration
The latest deed records $100 or less. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.
If you’re the landlord
If it is rented, verify the Rental License
The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.
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 house 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
$540,000
2026 billed-year assessment · 2027: $520,900 · built 2024
Price / sq ft
$174
block $150 · above block
Appreciation
+579%
+19%/yr since 2016 · 2027 -4% vs 2026
In 5 years (~2032)
~$1.2M
+19%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,512
0.29% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
3%
≈$1K/mo rent
Times sold
1
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2016$77K 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 · 2017$77K 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 · 2018$107K 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 · 2019$110K 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 · 2021$55K 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 · 2022$55K 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 · 2023$55K 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 · 2024$55K 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 · 2025$156K 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$540K 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$521K 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 ↗
- Teardown · 2019DemolishedThis permit category usually covers partial or complete removal work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Land buy · 2020Land record $120KA land-record event associated with this parcel. Review the recorded instrument to determine whether it reflects a conveyance, parcel change, or another filing.How to read the recorded document ↗
- Permit · 2018-03-16ZoningThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-06-19Zoning/useThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-07-03Zoning/useThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-07-08DemolitionThis permit category usually covers partial or complete removal work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2020-09-03New construction, addition, GFA changeThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-05-25New ConstructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2023-02-27New ConstructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2023-03-22New Construction or AdditionsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2020-04-21VACANT STRUCTURE & LANDA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2020-04-21EXTERIOR AREA WEEDSA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2022-07-14WORK OUTSIDE OF SCOPEA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2020-06-25L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2022-10-13L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- License · 2004-08-26Vacant Residential Property / LotA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
Property assessmentBlock median & rangeZIP 19104 medianAssessmentLand buyTeardownL&I violationPermitInspectionLicense
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 record16 events · exact dates, newest first
- PermitNew Construction or Additions
- PermitNew Construction
- InspectionL&I investigation
- L&I violationWORK OUTSIDE OF SCOPE
- PermitNew Construction
- PermitNew construction, addition, GFA change
- InspectionL&I investigation
- L&I violationVACANT STRUCTURE & LAND
- L&I violationEXTERIOR AREA WEEDS
- Land buyLand record $120K
- PermitDemolition
- PermitZoning/use
- TeardownDemolished
- PermitZoning/use
- PermitZoning
- LicenseVacant Residential Property / Lot
The paper trail
Torn down & rebuiltOld house bought for $120K in 2020, demolished in 2019 and rebuilt (2019).
- 2019 Zoning/usePermitDemolitionPermitDemolishedTeardown
- 2020 $120KLand buy2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitNew construction, addition, GFA changePermit
- 2022 New ConstructionPermitL&I violationL&IL&I: 2 failed, 1 passedL&I visit
- 2023 New ConstructionPermitNew Construction or AdditionsPermit
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 17 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- PermitNew Construction or Additions
Permit PP-2021-001011 · Completed
FOR NEW CONSTRUCTION OF A SINGLE-FAMILY, THREE-STORY, SEMI-DETACHED STRUCTURE WITH CELLAR, TWO ROOF DECKS AND ACCESSORY INTERIOR PARKING SPACE PER APPROVED PLANS. BUILDING TO BE FULLY SPRINKLERED WITH NFPA 13D MINIMUM. SEPARATE PERMITS REQUIRED FOR MEP AND FIRE SUPPRESSION.
- PermitNew Construction
Permit EP-2023-001130 · Completed
INSTALL 200AMP SERVICE, WIRING THROUGHOUT, INSTALL LIGHT FIXTURES, OUTLETS, SWITCHES, SMOKE DETECTORS, GROUNDING AS PER 2017 NEC
- InvestigationL&I investigation
Case CF-2022-069597 · PASSED
The cited inspection visit was marked passed.
- InvestigationL&I investigation
Case CF-2022-069597 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationWORK OUTSIDE OF SCOPE
Case CF-2022-069597 · Violation VI-2022-050635 · Code A-302.10/3 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- PermitNew Construction
Permit FP-2022-001072 · Completed
For the installation of a Residential Fire Sprinkler System (RFSS) in accordance with NFPA 13D and L&I Code Bulletin No. 1001-R1 (using a new one (1) inch combined fire/domestic service line as per PWD Utility Plan dated 08/27/2020), throughout a three (3) story attached structure to be used as Group R-3 (SFD), as per plans and hydraulic calculations; see RP-2020-014920 for new construction permit.
- PermitNew construction, addition, GFA change
Permit ZP-2020-002297 · Completed
FOR THE ERECTION OF A SEMI-DETACHED BUILDING WITH A REAR DECK AT FIRST FLOOR, REAR ROOF DECK AT THIRD FLOOR AND A ROOF DECK ABOVE THIRD FLOOR ACCESSED BY EXTERIOR STAIRS FROM THE THIRD FLOOR (SIZE AND LOCATION AS SHOWN ON PLANS)
- InvestigationL&I investigation
Case CF-2020-008575 · PASSED
The cited inspection visit was marked passed.
- ViolationVACANT STRUCTURE & LAND
Case CF-2020-008575 · Violation VI-2020-001684 · Code PM15-301 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationEXTERIOR AREA WEEDS
Case CF-2020-008575 · Violation VI-2020-001685 · 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.
- InvestigationL&I investigation
Case CF-2020-008575 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- Land recordLand record
2020
- PermitDemolition
Permit 971293 · COMPLETED
FOR THE COMPLETE DEMOLITION OF AN EXISTING SEMI-DETACHED THREE (3) STORY MASONRY STRUCTURE.STRUCTURE TO BE DEMOLISHED BY HAND ONLY. PEDESTRIAN PROTECTION TO BE IN PLACE PRIOR TO START OF WORK AND TO BE MAINTAINED DURING ALL DEMOLITION ACTIVITIES. SEPARATE STREETS DEPARTMENT APPROVAL REQUIRED FOR SIDEWALK CLOSURE.
- PermitZoning/use
Permit 971289 · COMPLETED
FOR THE COMPLETE DEMOLITION OF AN EXISTING SEMI-DETACHED THREE (3) STORY MASONRY STRUCTURE
- PermitZoning/use
Permit 877775 · COMPLETED
FOR THE ERECTION OF A SEMI-DETACHED STRUCTURE WITH ROOF DECKS ABOVE THE 3RD AND 4TH FLOORS AND A ROOF DECK ACCESS STRUCTURE ABOVE THE 4TH FLOOR. SIZE AND LOCATION AS SHOWN ON PLANS AND APPLICATION. FOR USE AS SINGLE FAMILY HOUSEHOLD LIVING WITH ONE (1) INTERIOR ACCESSORY PARKING SPACE.
- PermitZoning
Permit 856730 · COMPLETED
FOR THE RELOCATION OF LOT LINES TO CREATE TWO (2) LOTS (PARCELS 'B' AND 'C') FROM ONE (1) EXISTING DEEDED LOT (734-36 N 40TH STREET (PARCEL 'A')). SIZE AND LOCATION AS SHOWN ON THE APPROVED PLAN;
- LicenseVacant Residential Property / Lot
License 276424 · Inactive
JOCELINE GALETTE · Expires 2011-02-28 · Inactive 2012-12-22
What this record suggests
The City file documents 8 permits touching electrical work, plumbing, roof work. 8 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. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $1,512/year. Applying the same 1.3998% rate to the full assessed value would imply ~$7,559/year — $6,047/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: ($540,000 assessed − $431,985 exempt) × 1.3998% ≈ $1,512/yr
full-assessment scenario: $540,000 × 1.3998% ≈ $7,559/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.
Stories
3
Interior
2,997 sqft
livable area
Lot
3,825 sqft
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RM1
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 734 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 (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, $1,400/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
734 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: 732 N 40th St · 736 N 40th 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
- 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
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)