2026 assessment
$876K
OPA value, not a listing price
House report
406 Wallace St
3 bd · 3 ba · 4 stories · 2,671 sqft · ICMX · built 2015
Property at a glanceHouse
Owner-occupancy signal
2027 published assessment
$876K
Future roll, not the current tax bill
Location
400 block of Wallace St
ZIP 19123
Neighborhood area
Northern Liberties · Callowhill
Approximate · based on ZIP 19123
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
$876,000
2026 billed-year assessment · 2027: $876,000 · built 2015
Price / sq ft
$328
block $342 · in line w/ block
Assessment change
+19%
+2%/yr since 2017 · 2027 +0% vs 2026
Est. tax bill / yr
$2,452
0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
0
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2017$736K 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$782K 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$785K 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$803K 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$803K 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$803K 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$876K 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$876K 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$876K 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$876K 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$876K 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 ↗
- Permit · 2014-10-02Zoning/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 · 2015-07-17New 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 · 2015-08-21PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2015-08-31New 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 · 2015-10-29MechanicalThis 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 · 2015-11-06ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-11-30PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2015-12-11PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2016-01-15SuppressionThis permit category usually covers fire-suppression systems or related life-safety 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 · 2016-04-02WORKMANLIKE- BUILDING CODEA 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 · 2016-04-02BP_BLDGA 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 · 2016-10-05BP_BLDGA 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 ↗
Property assessmentBlock median & rangeZIP 19123 (Northern Liberties · Callowhill) medianAssessmentL&I violationPermitInspection
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 record12 events · exact dates, newest first
- InspectionBP_BLDG
- L&I violationWORKMANLIKE- BUILDING CODE
- InspectionBP_BLDG
- PermitSuppression
- PermitPlumbing
- PermitPlumbing
- PermitElectrical
- PermitMechanical
- PermitNew construction
- PermitPlumbing
- PermitNew construction
- PermitZoning/use
The short read
New constructionnew construction appears in a 2014 permit with a reduced taxable assessment shown.
A selected summary of the main sequence. The chart above and source ledger below contain every fetched dated row.
Browse 12 dated records
Deeds, permits, inspections, licenses, violations, certifications, and appeals.
Open the source ledger 12 dated rows
- InvestigationBP_BLDG
Case 526314 · PASSED
The cited inspection visit was marked passed.
- ViolationWORKMANLIKE- BUILDING CODE
Case 526314 · Violation 3887121 · Code A-104.1/1 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
- InvestigationBP_BLDG
Case 526314 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitSuppression
Permit 637011 · COMPLETED
INSTALLATION OF SPRINKLER SYSTEM TO RESIDENTIAL SPACE WITH 2 INCH BACKFLOW PREVENTION ASSEMBLY ON ACCORDANCE WITH NFPA 13R.
- PermitPlumbing
Permit 657721 · COMPLETED
3/4" DOMESTIC WATER SERVICE,5" LATERAL,CURB TRAP AND FAI AND 4" MAIN DRAIN PA20153450666 (SFD)SELF CERTIFICATION'S ARE NO LONGER PERMITTED","ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FT IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitPlumbing
Permit 633660 · COMPLETED
PLUMBING CONSTRUCTION FOR A NEW (4)STORY SINGLE-FAMILY DWELLING - PEX IS APPROVED FOR THE WATER SUPPLY PIPING THROUGHOUT - PVC DRAINAGE,WASTE AND VENT PIPING IS PROHIBITED PER SECTION(S) P-902.5 & P-1005.5 OF THE PHILADELPHIA PLUMBING CODE 2004 - NOTE: SEPARATE PERMIT(S) REQUIRED FOR THE WATER DISTRIBUTION PIPING, HOUSE TRAP AND SEWER/WATER CONNECTIONS TO THE CITY MAINS - VENTS AT THE ROOF DECK LEVEL WILL COMPLY WITH SECTION P-1103.4.1 OF THE PHILADELPHIA PLUMBING CODE 2004 - THE INSTALLATION WILL COMPLY WITH THE APPROVED PLANS AND THE PHILADELPHIA PLUMBING CODE 2004
- PermitElectrical
Permit 650418 · COMPLETED
INSTALL ALL LIGHTS FIXTURES, SWITCHES, RECEPTS AND DEVICES, 6 SMOKES, 2 COMBOS DETECTORS HOOK UP ALL HEATING AND A/C UNITS, ALL PHONE & TV LOCATIONS, NEW 200AMP SERVICE COMPLET WITH GROUNDING AS PER 2008 NEC (CC DISTRICT)
- PermitMechanical
Permit 648620 · COMPLETED
INSTALL (2) HVAC SYSTEMS WITH DUCTWORK (SFD)
- PermitNew construction
Permit 628517 · COMPLETED
NEW CONSTRUCTION.OF A FOUR (4) STORY ATTACHED WOOD FRAMED STRUCTURE WITH FULL CELLAR, UPPER LEVEL ROOF DECK WITH ACCESS FROM EXTERIOR STAIRS & (1) CAR INTERIOR GARAGE FOR USE AS A SINGLE FAMILY DWELLING. FOUNDATION PERMIT PREVIOUSLY APPROVED #619053
- PermitPlumbing
Permit 633684 · COMPLETED
UNDERGROUND PLUMBING TO INCLUDE ENJECTOR PIT AND SUMP PUMP. THE INSTALLATION WILL COMPLY WITH THE PHILADEPHIA PLUBMING CODE 2004
- PermitNew construction
Permit 619053 · COMPLETED
FOR THE ERECTION OF A SPREAD FOOTING FOUNDATION SYSTEM AS PER APPROVED PLANS & GEOTECHNICAL REPORT. SEPARATE APPROVAL FROM STREETS DEPT. REQUIRED FOR ANY POSSIBLE STREET OR SIDEWALK CLOSURE. **PARKS & RECREATION APPROVAL IS REQUIRED FOR NEW CONSTRUCTION BUILDING PERMITS**
- PermitZoning/use
Permit 565269 · COMPLETED
NEW CONSTRUCTION OF AN ATTACHED STRUCTURE, THREE STORY WOOD FRAMED, SFD, WITH FULL CELLAR, FLAT ROOF AND UPPER LEVEL ROOF DECK.
What this record suggests
The City file documents 9 permits touching electrical work, plumbing, roof work. 9 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).
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.
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.
2026 taxable assessment $175,200 × 1.3998%. This is an estimate, not a bill or account balance.
OPA also publishes a 2027 assessment of $876,000; 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 0561410002026 OPA taxes $175,200 of $876,000 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.”
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.
$175,200 taxable basis
Difference to verify+$9,810/year
$876,000 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: ($876,000 assessed − $700,800 exempt) × 1.3998% ≈ $2,452/year
Full-assessment scenario: $876,000 × 1.3998% ≈ $12,262/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
4
Interior
2,671 sqft
livable area
Lot
763 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
2 spaces
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B+
assessor's grade
ABCDE
Zoning
ICMX
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Block context
400 block of Wallace St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 404 Wallace St · 408 Wallace St
L&I license dates · data through Jul 23, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
No L&I business license is on record at this address in data through Jul 23, 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
- 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 24, 2026, 9:33 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)