Multi-family report

5039 Spruce St

3,480 sqftRSA3built 1925

Property at a glanceMulti-family

Entity-held

2026 assessment
$850K 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 building 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 19139 (Walnut Hill · Haddington) median$837K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19139 (Walnut Hill · Haddington) medianAssessmentDeed / saleAppealPermitLicense

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
  1. LicenseMahari Yared Dev. Co.: Rental landlord or residential registration initially issued
  2. PermitAlterations
  3. PermitAddition and/or Alterations
  4. PermitAddition and/or Alteration
  5. PermitAlterations
  6. PermitAddition and/or Alterations
  7. PermitAddition and/or Alteration
  8. AppealZBA Permit Denial - Variance
  9. PermitChange of Use
  10. PermitInterior Non-Load-Bearing Wall Demo.
  11. Deed / saleDeed / sale $265K

Flags: material assessment exemption; legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $6K with a lien entry · 1 zoning/board appeal on record. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$3,709/year estimated property tax

2026 taxable assessment $265,000 × 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 $837,000. 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 602103200
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $265,000 of $850,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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 $5,725.18 and a lien entry. It is shown as historical context only.

2014$2,195.67 total · $1,434.69 principal · $279.76 interest · $100.43 penalty2015$1,878.81 total · $1,434.69 principal · $150.64 interest · $100.43 penalty2016$1,650.70 total · $1,434.69 principal · $21.52 interest · $14.35 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 ~$3,709/year

$265,000 taxable basis

Difference to verify+$8,189/year
If the full assessment were taxable ~$11,898/year

$850,000 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: ($850,000 assessed − $585,000 exempt) × 1.3998% ≈ $3,709/year Full-assessment scenario: $850,000 × 1.3998% ≈ $11,898/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.

Interior
3,480 sqft livable area
Lot
2,000 sqft
Exterior condition
New / rehabbed city code 2
New / rehabbed
Interior condition
New / rehabbed city code 2
New / rehabbed
Quality grade
C assessor's grade
Zoning
RSA3 city zoning code
Zoning appeals
1 Completed · Granted · 2023

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

Recorded owner

Who's behind it

Mahari 4904 Real Estate LLC · corporate / LLC owner

• Tax bills mail to 816 S 49th Street, Philadelphia PA, 19143
• Holds an active rental license for this address

Block context

5000 block of Spruce St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 5037 Spruce St  ·  5037 Spruce 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.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

Mahari Yared Dev. Co.Active

Rental · Initial issue date Oct 3, 2023 · Filed expiration Oct 2, 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 11 dated rows
  1. License issue eventMahari Yared Dev. Co.: Rental landlord or residential registration initially issued

    License 934743 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  2. PermitAlterations

    Permit PP-2023-006231 · Completed

    REPAIR/REPLACE MD, CT, FAI & 1" WDP

  3. PermitAddition and/or Alterations

    Permit FP-2023-000772 · Completed

    FOR THE INSTALLATION OF AN NFPA 13R SYSTEM FOR A MULTI-FAMILY (3 UNITS) DWELLING SERVICED BY A TWO (2) INCH FIRE SERVICE LINE WITH A 2-INCH WILKINS 950XLT2BFSS BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS.

  4. PermitAddition and/or Alteration

    Permit EP-2023-001636 · Completed

    Installation of new 400 amp service and interior wiring of a three family dwelling per attached plans as per 2017 NEC. Installation of a new fire alarm per attached plans as per 2016 NFPA 72.

  5. PermitAlterations

    Permit PP-2023-002834 · Completed

    new interior plumbing to convert existing building to a three family dwelling.

  6. PermitAddition and/or Alterations

    Permit MP-2023-000811 · Completed

    FOR INSTALLATION OF HVAC SYSTEM AS PER APPROVED PLANS TO SERVE THE MULTI-FAMILY BUILDING AS PER APPROVED PLANS.

  7. PermitAddition and/or Alteration

    Permit CP-2023-000951 · Completed

    FOR LEVEL 3 ALTERATIONS TO THE EXISTING STRUCTURE TO CONVERT A SINGLE FAMILY DWELLING TO THREE (3) FAMILY DWELLING AS PER PLANS.

  8. AppealZBA Permit Denial - Variance

    Appeal ZP-2022-006180 · Completed · Granted

    Related permit ZP-2022-006180 · Permit for: THREE (3) FAMILY USE IN EXISTING STRUCTURE.

  9. PermitChange of Use

    Permit ZP-2022-006180 · Issued

    Residential - Household Living - Multi-Family

  10. PermitInterior Non-Load-Bearing Wall Demo.

    Permit GM-2022-002656 · Expired

    For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.

  11. Recorded transfer$265K transfer

    2022

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 2:41 PM 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)