What is my Opa number Philadelphia?

What is my Opa number Philadelphia?

The OPA Account Number is a unique 9-digit number that identifies a property and is the same as the old BRT account number. If you don’t know your OPA account number, you can look it up using your property address or find it on your Real Estate Tax bill.

What is OPA real estate?

CHAPTER 6 THE OWNER POLICY (OPA)

How are properties assessed in Philadelphia?

What we do. The Office of Property Assessment (OPA) determines what every piece of property within Philadelphia is worth. The assessed dollar value is used to calculate the property’s real estate tax due. You can search and compare property values through the City’s online property search application.

What is the real estate tax rate in Philadelphia?

It also has the third-lowest average property tax rates in the state. More specifically, the county’s average effective property tax rate is 0.99% in comparison to the state average of 1.50%. Philadelphia assesses property at 100% of current market value.

What is the real estate transfer tax in Philadelphia?

3.278%
Realty Transfer Tax The Commonwealth of Pennsylvania collects 1% while the City of Philadelphia collects 3.278% for a total of 4.278%. Luckily, it is customary (but not legally required) for the buyer and seller to split the transfer taxes evenly. In most cases, the buyer will pay 2.139% and the seller will pay 2.139%.

What is RSA 5 zoning Philadelphia?

Zoning Code for RSA-5 Districts RSA-5 districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. Single-family dwellings do not require zoning approval.

What is PA Birt?

The current rates for the Business Income & Receipts Tax (BIRT) are 1.415 mills ($1.415 per $1,000) on gross receipts, and 6.20% on taxable net income. In 2019 the rate was 6.25% on taxable net income. The BIRT is based on both gross receipts and net income. Both parts must be filed.

How can I lower my property taxes in Philadelphia?

The Homestead Exemption offers Real Estate Tax savings to all Philadelphia homeowners by reducing the taxable assessment of their primary residence by $45,000. Homeowners will typically save up to $629 each year with Homestead starting in 2020.

How often are property taxes assessed in Philadelphia?

once a year
Real Estate taxes are due once a year, on March 31st of the tax year. If the taxes are not paid by March 31st of the tax year, a penalty charge called “additions” will accrue on the principal amount of the tax up to a maximum charge of 15% of the principal amount due.