2026 taxable assessment $3,147,172 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $5,889,200; it is not the 2026 billed-year value.
Multi-family report
5427 Wayne Ave
4 stories · 47,000 sqft · RM4 · built 1927
Owner-occupied · assessed $4.0M (2026) · 2027 OPA assessment $5.9M · 72 licensed units · sold 1×. On the 5400 block of Wayne Ave.
Property summary
Assessment$3,990,2002026 OPA assessment · 2027: $5,889,200
Last sale$3.6MRecorded 2017
Est. tax bill$44,054/year2026 taxable assessment · full-value scenario $55,855/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
Violations0 openNo historical match in fetched records
“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.
Every choice opens the research chat with this property already in context. Curated questions are free.
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 8810615002026 OPA taxes $3,147,172 of $3,990,200 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 2023 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 $44,054/yr, while applying the same rate to the full assessment would imply about $55,855/yr — $11,801/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 1927: 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.
If you’re the landlord
Lead certificate is not optional
Built 1927: 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: 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
$3,990,200
2026 billed-year assessment · 2027: $5,889,200 · built 1927
Price / sq ft
$125
block $116 · above block
Appreciation
+149%
+9%/yr, city 6.5%
In 5 years (~2031)
~$5.9M
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$44,054
0.75% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
0.2%
≈$1K/mo rent
Times sold
1
latest deed has shared-name parties
Assessment vs. the block · every dated City record marked on the line
- OPA assessment · 2016$2.4M 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$2.4M 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$3.4M 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$4.1M 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 · 2020$4.8M 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$4.8M 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$4.8M 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$4.8M 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 · 2023-01-06ZBA Permit Denial - Special ExceptionA 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 ↗
- OPA assessment · 2024$4.8M 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$4.0M 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$4.0M 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 · 2026-03-23ZBA Permit Denial - VarianceA 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 ↗
- OPA assessment · 2027$5.9M 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 ↗
Assessment lineBlock median & rangeAssessmentAppeal
Select an icon to see everything recorded near that point.
Every dated record2 events · scroll to browse
- AppealZBA Permit Denial - Variance
- AppealZBA Permit Denial - Special Exception
The paper trail
New constructionbuilt new under a 2023 permit (reduced taxable assessment shown).
- 2023 Addition and/or AlterationPermit4 L&I violationsL&IL&I: 5 failed, 1 passedL&I visitAlterationsPermitAddition and/or AlterationPermit
- 2024 4 L&I violationsL&IL&I: 4 failed, 1 passedL&I visit
- 2025 12 L&I violationsL&IL&I: 3 failed, 3 passedL&I visit
- 2026 Change of UsePermitAppeal granted with conditionsZoningL&I: 1 failed, 2 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 2 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- AppealZBA Permit Denial - Variance
Appeal ZP-2025-007221 · Completed · Granted with conditions
PERMIT For use Child Care Center in an existing structure. No sign on this permit.
- AppealZBA Permit Denial - Special Exception
Appeal ZP-2022-005446 · Completed · Granted with conditions
Special Exception for the proposed use as a Group Child Care on the first floor of an existing detached structure.
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 · 2 zoning/board appeals on record · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $44,054/year. Applying the same 1.3998% rate to the full assessed value would imply ~$55,855/year — $11,801/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: ($3,990,200 assessed − $843,036 exempt) × 1.3998% ≈ $44,054/yr
full-assessment scenario: $3,990,200 × 1.3998% ≈ $55,855/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
4
Interior
47,000 sqft
livable area
Lot
28,200 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
RM4
city zoning code
Zoning appeals
2
Completed · Granted with conditions · 2026
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 5427 Wayne Ave 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 72 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 (2017) a 30-year mortgage ran about 3.99% — 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, $50,400/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
5427 Wayne Ave sits on the 5400 block of Wayne Ave. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 5409-19 Wayne Ave · 5401-07 Wayne Ave
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, 3:02 AM 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)