House report
416 Wallace St
3 bd2 ba3 stories2,238 sqftRSA5built 2016
Owner-occupancy signal
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.
- 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 $712KA 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 · 2015-08-31New 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 · 2015-09-09PlumbingThis 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 · 2015-10-29MechanicalThis 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 · 2015-11-06New 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 · 2015-11-30PlumbingThis 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 ↗
- Permit · 2016-05-05AdministrativeThis 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 ↗
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.
- PermitAdministrative
- PermitAdministrative
- PermitSuppression
- Deed / saleDeed / sale $712K
- PermitPlumbing
- PermitPlumbing
- PermitNew Construction
- PermitMechanical
- PermitPlumbing
- PermitNew construction
- PermitNew construction
- 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
Property tax
$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.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 0561414102026 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.
$230,942 taxable basis
$866,100 scenario basis
- 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.
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
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.
Open every source row 12 dated rows
- PermitAdministrative
Permit 687574 · COMPLETED
C.O,
- PermitAdministrative
Permit 687571 · COMPLETED
C.O.
- 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.
- Recorded transfer$712K transfer
2016
- 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"
- 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
- 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)
- PermitMechanical
Permit 648671 · COMPLETED
INSTALL (2) HVAC SYSTEMS WITH DUCTWORK (SFD)
- PermitPlumbing
Permit 637403 · COMPLETED
SEWAGE EJECTOR - THE INSTALLATION WILL COMPY WITH THE PHILADEPHIA PLUBMING CODE 2004
- 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)
- 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.
- 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
- 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)
