The city has released an interactive map that allows home owners to see the assessed value of their property following the citywide reassessment announced last week.

The first citywide property assessment in three years has come under mounting criticism as property values across the city increased an average of 31 percent. Tax rate increases vary by neighborhood with some seeing their tax burden as much as double.

The map allows property owners to type in their address to see the assessed value for 2022 and the new value, which would go into effect in 2023. Your property tax bill would be 1.3998 percent of your home’s assessed value, based on the city current tax rate.

The city’s “homestead exemption” will reduce your taxable value by $45,000. More info on that is available here. Mayor Jim Kenney has proposed increasing the homestead exemption to $65,000 to help offset tax increases.

You can dispute the new assessment here.

Philadelphia homeowners can now protect themselves from unsolicited offers from real estate brokers or wholesalers. Based on the “homeowner protection law” passed in 2020, which prohibits wholesalers and their agents from soliciting homeowners who don’t wish to be contacted, the City has launched a Do Not Solicit registry.

The types of solicitation may include in-person contact, telephone calls, mailings, digital communications and other written communication, like flyers placed at your door or on your vehicle. By registering in the list, homeowners opt out from receiving any direct offers to purchase their residential property as well as advertisements for “just listed” or sold houses in a neighborhood. Continue Reading

Small businesses along the 4700 block of Spruce Street are closing to make way for a 12-story apartment building.

The City’s Department of Licenses and Inspections issued a zoning permit on December 30 for a 170-unit building that will include some 37,000 square feet of commercial space on the first and second floors. The building, which will include three roof decks, will occupy nearly the entire south side of Spruce Street between 47th and 48th Streets.

Businesses have already begun closing or relocating to make way for the building. Ezra’s Auto Repair at the corner of 48th and Spruce (see photo below) has already relocated to Baltimore Avenue and businesses in the low rise strip to the east began closing late last year. Continue Reading

The University City District has released its “State of University City,” the annual report that details home price increases, population shifts and research, retail and office space successes in the area roughly bounded by the Schuylkill River to the east, 50th Street to the west, Market Street/Powelton Avenue/Spring Garden Street to the north and Woodland Avenue/University Avenue to the south.

The report includes data from 2020 (and some employment data from 2021) and shows a substantial increase in new construction and renovation square footage in 2020 following a steady decline in building since 2016.

This uptick in overall construction is attributed to academic and residential buildings on the campuses of the University of Pennsylvania and Drexel University, office space near the universities – particularly along Market Street – and several residential buildings along Chestnut Street, between 40th and 45th Streets. Continue Reading

Councilwoman-elect Jamie Gauthier speaking at the “State of University City” event on Wednesday (Photo courtesy of University City District).

City Councilwoman-elect Jamie Gauthier told University City District supporters, staff and board during a speech at the organization’s annual “State of University City” event that she hopes the economic success in the area around the University of Pennsylvania, Children’s Hospital and Drexel University reaches into struggling neighborhoods as well.

“As more cranes go up in this area,” she said to the crowd of developers, donors and supporters of the University City District. “I hope our residents farther out can participate in that growth.”  Continue Reading

Photo by West Philly Local

Newly elected City Councilwoman Jamie Gauthier says one of her top priorities when she takes office in January is addressing the development “frenzy” in West Philadelphia by pressing for more affordable housing.

“I think we should look at zoning with an eye toward equitability and affordability,” she told the Spruce Hill Community Association during its annual meeting at the Penn Alexander School on Tuesday.

Gauthier, who grew up in Kingsessing, will represent a district that has some of the most expensive real estate and the deepest poverty in Philadelphia. Development and issues related to zoning have become flashpoints in recent years.  Continue Reading