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HomeOffice of Property Assessment

Office of Property Assessment

5th Street

Hunting Park: Bodegas and Bodyshops Revive The Economy of North 5th Street

December 14, 2016Grace E. Maiorano

Specks of sawdust shimmered in the sunlight as the shrill of power tools echoed throughout the skeleton of a body shop. The sight is no longer uncommon along the 5th Street Corridor of North Philadelphia,

Featured Stories

Pennsport: Neighbors React to Actual Value Initiative

January 23, 2014

With the reassessment of property values due to the Actual Value Initiative, some lifelong residents are seeing their property taxes go up. Several assessments have tripled the property value, and some residents are worried they

Featured Stories

Pennsport: AVI Assessments Take a Toll on Homeowners

January 23, 2014

With the Actual Value Initiative (AVI) raising property taxes throughout the city, many Philadelphia homeowners are wondering exactly why and how this is happening. The main goal of AVI was supposed to be a reassessment

Chestnut Hill

Axis Philly: AVI’s Actual Impact on the Chestnut Hill Real Estate Market

April 13, 2013

[vimeo 63924212] While some Philadelphians have been scrambling in the wake of the city’s property value reassessments under the Actual Value Initiative, some residents of Chestnut Hill who are selling their homes have had no problem

Uncategorized

Axis Philly: Residents Think City Could Have Communicated Property Reassessments Better

March 6, 2013

Richard Shore has lived in Center City for the past 30 years. After Philadelphia issued its property value reassessments under the Actual Value Initiative last week, Shore has been notified that his property’s value has nearly quadrupled,

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