House report

416 Wallace St

3 bd2 ba3 stories2,238 sqftRSA5built 2016

Property at a glanceHouse

Owner-occupancy signal

2026 assessment
$866K OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this house against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$500K$1.0MZIP 19123 (Northern Liberties · Callowhill) median$866K201420172020202320262027
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 record12 events · exact dates, newest first
  1. PermitAdministrative
  2. PermitAdministrative
  3. PermitSuppression
  4. Deed / saleDeed / sale $712K
  5. PermitPlumbing
  6. PermitPlumbing
  7. PermitNew Construction
  8. PermitMechanical
  9. PermitPlumbing
  10. PermitNew construction
  11. PermitNew construction
  12. PermitZoning/use

Flags: material assessment exemption; legal basis and term unverified. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$3,233/year estimated property tax

2026 taxable assessment $230,942 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $866,100. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 056141410
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $230,942 of $866,100 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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.

Using OPA's taxable amount ~$3,233/year

$230,942 taxable basis

Difference to verify+$8,891/year
If the full assessment were taxable ~$12,124/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 − $635,158 exempt) × 1.3998% ≈ $3,233/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
Interior condition
Above average city code 3
Quality grade
D+ assessor's grade
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: 414 Wallace St  ·  418 Wallace 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 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.

Open every source row 12 dated rows
  1. PermitAdministrative

    Permit 687574 · COMPLETED

    C.O,

  2. PermitAdministrative

    Permit 687571 · COMPLETED

    C.O.

  3. PermitSuppression

    Permit 663582 · 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.

  4. Recorded transfer$712K transfer

    2016

  5. PermitPlumbing

    Permit 657686 · 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"

  6. PermitPlumbing

    Permit 654160 · 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

  7. PermitNew Construction

    Permit 650428 · Expired

    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)

  8. PermitMechanical

    Permit 648671 · COMPLETED

    INSTALL (2) HVAC SYSTEMS WITH DUCTWORK (SFD)

  9. PermitPlumbing

    Permit 637403 · COMPLETED

    SEWAGE EJECTOR - THE INSTALLATION WILL COMPY WITH THE PHILADEPHIA PLUBMING CODE 2004

  10. PermitNew construction

    Permit 631718 · EXPIRED

    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 #625098 (PLANS, REVIEW & REPORTS SUBMITTED ON A/P #628517)

  11. PermitNew construction

    Permit 625098 · COMPLETED

    FOR THE ERECTION OF A SPREAD FOOTING FOUNDATION SYSTEM & UNDERPINNING AS PER APPROVED PLANS & GEOTECHNICAL REPORT. PROTECTION OF ADJOINING FOUNDATION SYSTEM SHALL BE IN ACCORDANCE WITH APPROVED PLANS & UNDER SUPERVISION OF A COMMONWEALTH OF PA REGISTERED PROFESSIONAL ENGINEER. PERMIT HOLDER TO NOTIFY OWNER(S) OF ADJOINING PROPERTY(IES) NO LESS THAN TEN (10) DAYS PRIOR TO COMMENCEMENT OF PERMITTED WORK. 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.

  12. PermitZoning/use

    Permit 565247 · COMPLETED

    NEW CONSTRUCTION OF AN ATTACHED STRUCTURE, THREE STORY WOOD FRAMED, SFD, WITH FULL CELLAR, FLAT ROOF AND UPPER LEVEL ROOF DECK.

Where this comes from

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)