2026 assessment
$866K
OPA value, not a listing price
House report
412 Wallace St
3 bd · 2 ba · 3 stories · 2,238 sqft · RSA5 · built 2016
Property at a glanceHouse
Owner-occupancy signal
2027 published assessment
$866K
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
$866,100
2026 billed-year assessment · 2027: $866,100 · built 2016
Price / sq ft
$387
block $342 · above block
Assessment change
+23%
+3%/yr since 2019 · 2027 +0% vs 2026
Est. tax bill / yr
$8,082
0.93% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
1
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2019$702K 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$726K 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$726K 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$726K 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$772K 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$772K 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$866K 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$866K 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$866K 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 ↗
- Deed / sale · 2016Deed / sale $200KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- 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 ↗
- Permit · 2016-04-27AdministrativeThis 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 ↗
Property assessmentBlock median & rangeZIP 19123 (Northern Liberties · Callowhill) medianAssessmentDeed / salePermit
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 record11 events · exact dates, newest first
- PermitAdministrative
- PermitSuppression
- Deed / saleDeed / sale $200K
- 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, followed by a recorded transfer of $200K in 2016.
A selected summary of the main sequence. The chart above and source ledger below contain every fetched dated row.
Browse 11 dated records
Deeds, permits, inspections, licenses, violations, certifications, and appeals.
Open the source ledger 11 dated rows
- PermitAdministrative
Permit 687493 · COMPLETED
CERTIFICATE OF OCCUPANCY
- PermitSuppression
Permit 663581 · COMPLETED
INSTALLATION OF SPRINKLER SYSTEM TO RESIDENTIAL SPACE WITH 2 INCH BACKFLOW PREVENTION ASSEMBLY ON ACCORDANCE WITH NFPA 13R. SEE A/P 637010 FOR PLAN.
- Recorded transfer$200K transfer
2016
- PermitPlumbing
Permit 657683 · 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 633665 · 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 SUBMITTED WITH PERMIT APPLICATION #633660 (406 WALLACE STREET) AND THE PHILADELPHIA PLUMBING CODE 2004
- PermitElectrical
Permit 650426 · 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 648658 · COMPLETED
INSTALL (2) HVAC SYSTEMS WITH DUCTWORK (SFD)
- PermitNew construction
Permit 631716 · 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 #625096 (PLANS, REVIEW & REPORTS SUBMITTED ON A/P #628517)
- PermitPlumbing
Permit 633687 · COMPLETED
UNDERGROUND PLUMBING TO INCLUDE ENJECTOR PIT AND SUMP PUMP. THE INSTALLATION WILL COMPLY WITH THE PHILADEPHIA PLUBMING CODE 2004
- PermitNew construction
Permit 625096 · 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** SEE AP# 619053 FOR APPROVED PLANS & SUPPLEMENTAL DOCUMENTS.
- PermitZoning/use
Permit 565266 · 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 10 permits touching electrical work, plumbing, roof work. 10 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 $577,392 × 1.3998%. This is an estimate, not a bill or account balance.
OPA also publishes a 2027 assessment of $866,100; 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 0561414202026 OPA taxes $577,392 of $866,100 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 →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.
$577,392 taxable basis
Difference to verify+$4,042/year
$866,100 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: ($866,100 assessed − $288,708 exempt) × 1.3998% ≈ $8,082/year
Full-assessment scenario: $866,100 × 1.3998% ≈ $12,124/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
2
Stories
3
Interior
2,238 sqft
livable area
Lot
1,094 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
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
RSA5
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: 410 Wallace St · 414 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)