Public Records
Edition
Philadelphia1000 block of E Lycoming StRecords pulled July 9, 2026

House report

1028-42 E Lycoming St

2 stories · 16,000 sqft · RM1 · built 1970

Investor / LLC · assessed $1.4M · sold 3×. On the 1000 block of E Lycoming St.

Street view of 1028-42 E Lycoming St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

Built 1970: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

If you’re the landlord

Lead certificate is not optional

Built 1970: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Palmetto Equities 613 LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $2.4M combined
• Holds an active rental license for this address

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$1.4M
built 1970
Price / sq ft
$88
block $121 · below block
Appreciation
+59%
+4%/yr, city 6.5%
In 5 years (~2031)
~$1.4M
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$20K
1.4% effective
Gross yield
Times sold
3
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$1.0M$2.0MBefore this chart — 2004: Sold $450K 2012: L&I violation 2013: 13 L&I violations2019: 2 L&I violations2021: Change of Use 2021: Sold $2.1M2025: Sold $4.1M2026: 2 L&I violations$1.4M201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $450K in 2004, change of use permit in 2021, sold for $4.1M in 2025 (+803%).

  1. 2004 $450KSold
  2. 2012 L&I violationL&I
  3. 2013 13 L&I violationsL&I
  4. 2019 2 L&I violationsL&I
  5. 2021 Change of UsePermit$2.1MSold
  6. 2025 $4.1MSold
  7. 2026 2 L&I violationsL&I

Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
2
Interior
16,000 sqft
livable area
Lot
21,551 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RM1
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1028-42 E Lycoming St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$4.1M
20%
6.875%
$10K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Next door: 1044-48 E Lycoming St  ·  1008-12 E Lycoming St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)