{"asOf":"2026-07-26T00:30:11.921Z","block":"3800-3899 WALLACE ST","blockUrl":"https://philadelphia.blockreport.homes/block/3800-3899-wallace-st","address":"3849 WALLACE ST","parcelNumber":"886581900","source":"https://property.phila.gov/?p=886581900","ownerType":"investor","kind":"house","isHouse":true,"home":true,"commercial":false,"residential":true,"taxExempt":false,"institutional":false,"buildingCode":"O30","buildingCodeNew":"22","buildingClass":"ROW 2 STY MASONRY","buildingClassNew":"ROW TYPICAL","useLabel":"House","owner":"WPRE III L P","coOwner":null,"marketValue":24600,"landAssessment":6100,"improvementAssessment":18500,"livableArea":1250,"yearBuilt":1930,"lastSale":{"price":933000,"date":"2011-12-13T05:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.9646031293881,"lng":-75.19936254685538,"geom":{"type":"Polygon","coordinates":[[[-75.199312446,39.964479089],[-75.199366109,39.964473704],[-75.199412477,39.964727347],[-75.199359305,39.964733047],[-75.199312446,39.964479089]]]},"liDistrict":"CENTRAL WEST","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19104","beds":3,"baths":1,"stories":2,"lotArea":1410,"zoning":"RSA5","grade":"C","basement":null,"heater":"A","centralAir":true,"extCond":"3","intCond":"3","garage":null,"homestead":false,"mail":"PO BOX 30807, PHILADELPHIA PA, 19104","mailOut":false,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":2,"abated":false,"assessmentExemption":false,"exemptionBasisVerified":false,"valueSeries":[{"y":2016,"v":154000,"taxable":22500,"land":6250,"improvement":147750,"taxableLand":6250,"taxableImprovement":16250,"exemptLand":0,"exemptImprovement":131500},{"y":2017,"v":22500,"taxable":22500,"land":7050,"improvement":15450,"taxableLand":7050,"taxableImprovement":15450,"exemptLand":0,"exemptImprovement":0},{"y":2018,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2019,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2020,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2021,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2022,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2023,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2024,"v":23600,"taxable":23600,"land":5900,"improvement":17700,"taxableLand":5900,"taxableImprovement":17700,"exemptLand":0,"exemptImprovement":0},{"y":2025,"v":24600,"taxable":24600,"land":6150,"improvement":18450,"taxableLand":6150,"taxableImprovement":18450,"exemptLand":0,"exemptImprovement":0},{"y":2026,"v":24600,"taxable":24600,"land":6150,"improvement":18450,"taxableLand":6150,"taxableImprovement":18450,"exemptLand":0,"exemptImprovement":0},{"y":2027,"v":24600,"taxable":24600,"land":6100,"improvement":18500,"taxableLand":6100,"taxableImprovement":18500,"exemptLand":0,"exemptImprovement":0}],"taxNow":344,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"360502","date":"2011-10-25","work":"Major alteration","type":"BP_ALTER","description":"ALTERATION PERMIT","status":"COMPLETED","completedDate":"2012-07-12","scope":"REMOVE (1) STORY ADDITION AT FIRST FLOOR REAR. DEMOLITION NON -STRUCTURAL PARTITIONS. REPLACE DAMAGED SHEATHING. NEW PORCH ROOF COVERING, STAIRS AND INTERIOR PARTITIONS. NEW WINDOWS AND DOORS. YARD."},{"number":"386878","date":"2012-02-07","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2012-02-17","scope":"SFD-5IN CI LATERAL,CT FAI,PRVBX,MD,FRC,INTO FRONT WALL ONLY.COMPLETE 3/4K COPPER WATER SVC.PA1#20120370942"},{"number":"390424","date":"2012-02-29","work":"Mechanical","type":"BP_MECH","description":"MECHANICAL PERMIT","status":"COMPLETED","completedDate":"2012-07-16","scope":"INSTALL GIBSON 54,000 BTU GAS FURNACE 1.5 TON CONDENSER.1.5 TON A-COIL WITH ASSOCIATED DUCTWORK.HEATER WILL BE INSTALLED IN BSMT.CONDENSER IN BACKYARD."},{"number":"389895","date":"2012-03-01","work":"Electrical","type":"EP_ELECTRL","description":"ELECTRICAL PERMIT","status":"COMPLETED","completedDate":null,"scope":"100 AMP SERVICE WIRING,SFD,AS PER 2008 NEC"},{"number":"393694","date":"2012-04-04","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2012-07-12","scope":"INSTALL INTERIOR MAIN HOUSE DRAIN - SANITARY STACK - KITCHEN - FULL BATH - LAUNDRY - INSTALL MAIN HOUSE DISTRIBUTION LINE"}],"storyTag":"Renovated & sold on","storyDelta":108.76,"timeline":[{"y":2010,"k":"sale","p":8500},{"y":2011,"k":"permit","w":"Major alteration"},{"y":2011,"k":"sale","p":933000},{"y":2012,"k":"permit","w":"Plumbing"},{"y":2012,"k":"permit","w":"Mechanical"},{"y":2012,"k":"permit","w":"Electrical"},{"y":2012,"k":"permit","w":"Plumbing"}],"rented":true,"licenses":[{"number":"561777","type":"Rental","status":"Active","businessName":"WPRE III LP","legalName":"WPRE III LP","address":"3849 WALLACE ST","revenueCode":"3202","rentalCategory":"Residential Dwellings","units":1,"issuedDate":"2012-04-24","latestIssueDate":"2026-02-10","expirationDate":"2027-02-28","inactiveDate":null}],"licenseActivity":[{"number":"561777","type":"Rental","businessName":"WPRE III LP","legalName":"WPRE III LP","issuedDate":"2012-04-24","latestIssueDate":"2026-02-10","closureDate":null,"expirationDate":"2027-02-28","inactiveDate":null,"status":"Active","statusLabel":"Active","active":true}],"businessLicenseSourceDate":"2026-07-24","signals":[],"legalChecks":[{"id":"rental-license","level":"verify","title":"A rental license does not transfer with the deed","finding":"1 active Rental License record matched.","why":"If dwelling space is rented, the buyer must obtain a new annual Rental License; the seller’s license is not transferable. New applications require proof of ownership and legal occupancy, tax compliance, no open L&I violations, and lead compliance where applicable.","action":"Plan the buyer’s replacement license before settlement.","url":"https://www.phila.gov/services/permits-violations-licenses/rent-or-sell-property/get-a-rental-license/"},{"id":"lead","level":"verify","title":"Lead compliance is a separate record","finding":"OPA records a 1930 build year; BlockReport does not receive the Health Department’s unit-level lead certificate file.","why":"Philadelphia requires covered pre-March-1978 rentals to be certified lead-safe or lead-free for a new or renewed lease and for a new or renewed Rental License. A certificate is unit-specific; a renovation does not by itself create an exemption.","action":"Request the current lead certificate or City exemption for every dwelling unit.","url":"https://www.phila.gov/documents/lead-and-healthy-homes-resources-for-landlords/"}],"closingChecks":[{"title":"Property Sales Certification","body":"The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.","action":"Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.","url":"https://www.phila.gov/services/permits-violations-licenses/get-a-certificate/get-a-property-sales-certification/"},{"title":"Date-effective City Property Payoff","body":"The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.","action":"Request the City statement effective through settlement; read every period and invoice.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"title":"Professional title and water-lien searches","body":"OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.","action":"Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.","url":"https://www.phila.gov/2026-04-07-why-title-insurance-is-your-best-friend-when-buying-a-home-in-philadelphia/","secondaryUrl":"https://www.phila.gov/services/water-gas-utilities/pay-or-dispute-a-water-bill/resolve-water-liens-judgments/"},{"title":"Seller-specific tax relief is not the buyer’s bill","body":"LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.","action":"Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.","url":"https://www.phila.gov/services/payments-assistance-taxes/payment-plans-and-assistance-programs/income-based-programs-for-residents/apply-for-the-longtime-owner-occupants-program-loop/","secondaryUrl":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/tax-freeze/"},{"title":"Seller disclosure and independent inspections","body":"For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections. Because OPA dates this building before 1978, separately obtain the required federal/City lead disclosures and any test results.","action":"Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.","url":"https://www.pa.gov/agencies/dos/department-and-offices/bpoa/boards-commissions/real-estate-commission"}]}