House report

2562 N Water St

3 bd · 3 ba · 3 stories · 1,821 sqft · RSA5 · built 2022

Property at a glanceHouse

Owner-occupancy signal

2026 assessment
$400K OPA value, not a listing price
2027 published assessment
$332K Future roll, not the current tax bill
Neighborhood area
Fishtown · East Kensington Approximate · based on ZIP 19125
Street view of 2562 N Water St
From the street · imagery © Google

Assessment and dated record history

Every fetched annual City assessment for this house, compared with its block and ZIP. The chart preserves property assessment, block median and range, ZIP median, and each dated assessment, deed, L&I, permit, and inspection event.

Assessed value
$400,000 2026 billed-year assessment · 2027: $332,400 · built 2022
Price / sq ft
$183 block $135 · above block
Assessment change
+11362% +54%/yr since 2016 · 2027 -17% vs 2026
Est. tax bill / yr
$1,120 0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match not proof the account is current
Times sold
4

Assessment vs. the block and ZIP · every dated City record marked on the line

$0$250K$500KZIP 19125 (Fishtown · East Kensington) median$332K1999200420092014201920242027
Property assessmentBlock median & rangeZIP 19125 (Fishtown · East Kensington) medianAssessmentDeed / saleLand buyL&I violationPermit

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.

Highlight
Every dated record14 events · exact dates, newest first
  1. Deed / saleDeed / sale $400K
  2. PermitNew Construction
  3. PermitNew Construction
  4. PermitNew Construction or Additions
  5. PermitNew Construction
  6. PermitNew Construction
  7. PermitNew construction, addition, GFA change
  8. Land buyLand record $105K
  9. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  10. L&I violationCLIP VIOLATION NOTICE
  11. L&I violationVACANT LOT KEEP CLEAN GET LIC
  12. L&I violationCLIP VIOLATION NOTICE
  13. Land buyLand record $1K
  14. Land buyLand record $1K

The short read

$1K transfer recorded in 1999; new construction appears in a 2020 permit with a reduced taxable assessment shown, followed by a recorded transfer of $400K in 2022.

A selected summary of the main sequence. The chart above and source ledger below contain every fetched dated row.

Browse 14 dated records

Deeds, permits, inspections, licenses, violations, certifications, and appeals.

Open the City record ↗
Open the source ledger 14 dated rows
  1. Recorded transfer$400K transfer

    2022

  2. PermitNew Construction

    Permit EP-2021-005539 · Completed

    Install 200amp service, wiring throughout, install light fixtures, devices, switches, grounding system, smoke detectors AS PER NEC 2014

  3. PermitNew Construction

    Permit MP-2021-001063 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. Install One 2000 CFM, 100,000 BTU Gas furnaces Exhausted via direct vent to the exterior (Side) install ductwork, grilles, registers and diffusers, installing One 5-Ton Coil & One X5Ton 13 SEER A/C condenser located on a pad at the rear of the building. (SFD) (Bldg. Permit #RF-2020-014228) Installation of a 5 ton system, 2000 CFM, 100,000 BTU, with duct work. Condensers will be placed in the rear yard

  4. PermitNew Construction or Additions

    Permit PP-2021-000628 · Completed

    Install 3 toilets' 3 lavs 3 tubs 1 kitchen sink 1 laundry 1 water heater 1 sump pump 1 area drain 1 roof drain 1" combined water service curb trap fai house drain PPC 2018

  5. PermitNew Construction

    Permit FP-2020-002477 · Completed

    FOR THE INSTALLATION OF A FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITN NFPA 13D, WITH A ONE-INCH COMBINED FIRE SERVICE LINE, AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  6. PermitNew Construction

    Permit RP-2020-014228 · Completed

    FOR THE CONSTRUCTION OF AN ATTACHED STRUCTURE WITH CELLAR AND ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE. FOR A SINGLE FAMILY HOUSEHOLD LIVING. AS PER PLANS. **********NO UNDERPINNING ON THIS APPLICATION. SEPARATE PERMITS ARE REQUIRED FOR PLUMBING, MECH., OR ELECTRICAL WORK.******************************************************************************************

  7. PermitNew construction, addition, GFA change

    Permit ZP-2020-001938 · Completed

    For the erection of an attached structure with roof deck and roof deck access structure. Size and location as shown on application/plan.

  8. Land recordLand record

    2020

  9. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 395548 · Violation 2888160 · Code PM-302.2/4 · CLOSED

    City marked the record closed; open the case for the closing reason.

  10. ViolationCLIP VIOLATION NOTICE

    Case 395548 · Violation 2888159 · Code CP-01 · CLOSED

    City marked the record closed; open the case for the closing reason.

  11. ViolationVACANT LOT KEEP CLEAN GET LIC

    Case 148031 · Violation 847910 · Code PM-306.0/91 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  12. ViolationCLIP VIOLATION NOTICE

    Case 148031 · Violation 847909 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  13. Land recordLand record

    2004

  14. Land recordLand record

    1999

What this record suggests

The City file documents 6 permits touching kitchen work, electrical work, plumbing, roof work. 6 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 · historical tax ledger through 2016 recorded $723 with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

Preparing this comparison.

Compare nearby property records

The subject property stays pinned above and is excluded from this comparable list. Repeated condominium addresses include their OPA parcel number.

Property details and source records

The visual history and live comparison stay above. Use these focused views for tax, ownership, nearby-block, and supporting City records.

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.

Estimated annual Real Estate Tax$1,120/year

2026 taxable assessment $80,000 × 1.3998%. This is an estimate, not a bill or account balance.

OPA also publishes a 2027 assessment of $332,400; it is not the 2026 billed-year value.

Official current account balanceCheck live

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 311027410
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $80,000 of $400,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$5,599/year

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 Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $722.55 and a lien entry. It is shown as historical context only.

2005$98.06 total · $30.41 principal · $30.56 interest · $2.13 penalty2007$91.60 total · $30.41 principal · $25.09 interest · $2.13 penalty2010$87.73 total · $33.45 principal · $18.56 interest · $2.34 penalty2011$90.20 total · $36.77 principal · $17.10 interest · $2.57 penalty2012$88.70 total · $38.18 principal · $14.32 interest · $2.67 penalty2013$86.85 total · $39.55 principal · $11.28 interest · $2.77 penalty2014$66.72 total · $44.69 principal · $8.72 interest · $3.13 penalty2015$61.97 total · $44.69 principal · $4.70 interest · $3.13 penalty2016$50.72 total · $46.68 principal · $0.70 interest · $0.47 penalty

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$1,120/year

$80,000 taxable basis

Difference to verify+$4,479/year
If the full assessment were taxable ~$5,599/year

$400,000 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($400,000 assessed − $320,000 exempt) × 1.3998% ≈ $1,120/year Full-assessment scenario: $400,000 × 1.3998% ≈ $5,599/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
3
Bathrooms
3
Stories
3
Interior
1,821 sqft livable area
Lot
810 sqft
Basement
Full, finished city code A
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
Zoning
RSA5 city zoning code

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

Block context

2500 block of N Water St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 2560 N Water St  ·  2558 N Water St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 3:51 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. 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)