Public Records
Edition
Philadelphia1200 block of E Fletcher StJuly 9, 2026

House report

1221 E Fletcher St

4 stories · 37,192 sqft · CMX2 · built 2022

Investor / LLC · assessed $8.2M. On the 1200 block of E Fletcher St.

Street view of 1221 E Fletcher 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 $11,506/yr reflects a 10-year abatement. It steps up every year and reaches about $115,064/yr in 2035 — $103,558/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. 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 own it

Construction next door (1220 E Fletcher St, 2024)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

1221 Fletcher LLC · corporate / LLC owner

Nothing beyond the deed name in the assessor's record — ask the AI below to trace this owner citywide.

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
$8.2M
built 2022
Price / sq ft
$221
block $273 · below block
Appreciation
+1%
+1%/yr, city 6.5%
In 5 years (~2031)
~$8.2M
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$12K
0.14% effective, abated
Gross yield
Times sold
0

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

$0$5.0M$10M2020: New construction, addition, GFA change2021: Full Demolition 2021: New Construction2022: Change of Use 2022: Appeal granted 2022: New Construction2023: New Construction or Additions 2023: New Construction 2023: New Construction2025: L&I violation$8.2M201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

built new under a 2020 permit (tax-abated).

  1. 2020 New construction, addition, GFA changePermit
  2. 2021 Full DemolitionPermitNew ConstructionPermit
  3. 2022 Change of UsePermitAppeal grantedZoningNew ConstructionPermit
  4. 2023 New Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermit
  5. 2025 L&I violationL&I

Flags: tax-abated — the bill lags real value · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $11,506/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$115,064/yr — a step up of $103,558/yr, 8 assessment years out. Drag the slider.

2025: ~$11,382/yr2026: ~$11,382/yr2027: ~$11,506/yr2028: ~$24,451/yr (projected)2029: ~$37,396/yr (projected)2030: ~$50,340/yr (projected)2031: ~$63,285/yr (projected)2032: ~$76,230/yr (projected)2033: ~$89,175/yr (projected)2034: ~$102,119/yr (projected)2035: ~$115,064/yr (projected)2036: ~$115,064/yr (projected)202520352036
2027~$11,506/yrfrom the record

now: ($8,220,000 assessed − $7,398,025 abated) × 1.3998% ≈ $11,506/yr 2035: $8,220,000 assessed × 1.3998% ≈ $115,064/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
37,192 sqft
livable area
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
CMX2
city zoning code
Zoning appeals
1
granted 2022

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

Run the numbers

What owning 1221 E Fletcher 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.

$8.2M
20%
6.875%
$59K/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: 1223 1/2 E Fletcher St  ·  1217 E Fletcher 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)