Public Records
Edition
Philadelphia1200 block of N Front StJuly 9, 2026

House report

1216 N Front St

4 stories · 6,656 sqft · CMX3 · built 1920

Investor / LLC · assessed $1.6M · sold 2×. On the 1200 block of N Front St.

Street view of 1216 N Front 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 $4,423/yr reflects a 10-year abatement. It steps up every year and reaches about $22,117/yr in 2036 — $17,694/yr more. Price the full bill, not the current one.

Built 1920: 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.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

Lead certificate is not optional

Built 1920: 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

Spring Mill Investment Gr · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $2.8M combined
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$1.6M
built 1920
Price / sq ft
$237
block $364 · below block
Appreciation
+13%
+13%/yr, city 6.5%
In 5 years (~2031)
~$1.6M
+13%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.28% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$1.0M$2.0MBefore this chart — 2002: Sold $20K2017: Sold $390K2019: New Construction or Additions 2019: New Construction 2019: New Construction 2019: Rough-In 2019: Amend for conversion2020: New Construction 2020: New Construction2022: 3 L&I violations2023: Change of Use$1.6M201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $20K in 2002, built new under a 2019 permit (tax-abated), sold for $390K in 2017.

  1. 2002 $20KSold
  2. 2017 $390KSold
  3. 2019 New Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitRough-InPermitAmend for conversionPermit
  4. 2020 New ConstructionPermitNew ConstructionPermit
  5. 2022 3 L&I violationsL&I
  6. 2023 Change of UsePermit

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

The abatement clock

This house pays about $4,423/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$22,117/yr — a step up of $17,694/yr, 9 assessment years out. Drag the slider.

2026: ~$3,909/yr2027: ~$4,423/yr2028: ~$6,389/yr (projected)2029: ~$8,355/yr (projected)2030: ~$10,321/yr (projected)2031: ~$12,287/yr (projected)2032: ~$14,253/yr (projected)2033: ~$16,219/yr (projected)2034: ~$18,185/yr (projected)2035: ~$20,151/yr (projected)2036: ~$22,117/yr (projected)2037: ~$22,117/yr (projected)202620362037
2027~$4,423/yrfrom the record

now: ($1,580,000 assessed − $1,264,026 abated) × 1.3998% ≈ $4,423/yr 2036: $1,580,000 assessed × 1.3998% ≈ $22,117/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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
6,656 sqft
livable area
Lot
2,240 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C
assessor's grade
Zoning
CMX3
city zoning code

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

Run the numbers

What owning 1216 N Front 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.

$1.6M
20%
6.875%
$11K/mo
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: 1214 N Front St  ·  1212 N Front 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)