Public Records
Edition
Philadelphia1100 block of E Berks StJuly 9, 2026

House report

1124 E Berks St

4 stories · 4,000 sqft · RM1 · built 2022

Investor / LLC · assessed $1.1M · sold 1×. On the 1100 block of E Berks St.

Street view of 1124 E Berks 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

The tax bill is temporary

Today's $1,538/yr reflects a 10-year abatement. It steps up every year and reaches about $15,387/yr in 2033 — $13,849/yr more. Price the full bill, not the current one.

If you’re the landlord

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

Collins Street Development LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $2.5M 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
$1.1M
built 2022
Price / sq ft
$275
block $296 · below block
Appreciation
+15%
+3%/yr, city 6.5%
In 5 years (~2031)
~$1.1M
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.14% effective, abated
Gross yield
Times sold
1
licensed rental

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

$0$1.0M$2.0MBefore this chart — 2001: Land $85K2020: New construction, addition, GFA change2021: 2 L&I violations$1.1M201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

Bought for $85K in 2001, built new under a 2020 permit (tax-abated).

  1. 2001 $85KLand buy
  2. 2020 New construction, addition, GFA changePermit
  3. 2021 2 L&I violationsL&I

Flags: tax-abated — the bill lags real value · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,538/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$15,387/yr — a step up of $13,849/yr, 6 assessment years out. Drag the slider.

2023: ~$1,344/yr2024: ~$1,344/yr2025: ~$1,407/yr2026: ~$1,407/yr2027: ~$1,538/yr2028: ~$3,846/yr (projected)2029: ~$6,154/yr (projected)2030: ~$8,463/yr (projected)2031: ~$10,771/yr (projected)2032: ~$13,079/yr (projected)2033: ~$15,387/yr (projected)2034: ~$15,387/yr (projected)202320332034
2027~$1,538/yrfrom the record

now: ($1,099,200 assessed − $989,327 abated) × 1.3998% ≈ $1,538/yr 2033: $1,099,200 assessed × 1.3998% ≈ $15,387/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

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

Stories
4
Interior
4,000 sqft
livable area
Lot
2,142 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
B
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 1124 E Berks 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.

$1.1M
20%
6.875%
$8K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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 (with the abatement toggle above).

Next door: 1122 E Berks St  ·  1126 E Berks St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. 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)