Timing of Phila Property Tax Reassessment after Resale?

[Anthony Engel]

How long should it take for the Phila OPA to reassess a property, single to 4-unit, after a resale? Is this a random event or is it triggered by a resale, if at all? For example, you purchased a property 5 years ago for 350K which you then resold last month for 575K. When looking for deals, I'm relying on property taxes from the prior year though I have no idea if Philly will reassess the value in 1, 3, 5 years or whenever.