Public Records
Edition
Philadelphia1200 block of N 60th StJuly 9, 2026

House report

1237 N 60th St

5 bd · 5 ba · 3 stories · 2,006 sqft · RM1 · built 1915

Investor / LLC · assessed $378K · sold 1×. On the 1200 block of N 60th St.

Street view of 1237 N 60th 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 $1,191/yr reflects a 10-year abatement. It steps up every year and reaches about $5,294/yr in 2035 — $4,103/yr more. Price the full bill, not the current one.

Built 1915: 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 1915: 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

Wise Holding Group LLC · corporate / LLC owner

• Owns 7 properties across Philadelphia under this name, assessed at $1.5M 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
$378K
built 1915
Price / sq ft
$189
block $118 · above block
Appreciation
+981%
+24%/yr, city 6.5%
In 5 years (~2031)
~$383K
+24%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.31% 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$250K$500KBefore this chart — 2011: 2 L&I violations 2015: 2 L&I violations2018: 7 L&I violations incl UNSAFE STRUCTURE2021: Sold $75K 2021: Interior Non-Load-Bearing Wall Demo. 2021: Change of Use 2021: Appeal granted2022: Addition and/or Alteration2023: Addition and/or Alteration 2023: New Construction 2023: Alterations 2023: Addition and/or Alterations$378K201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

built new under a 2021 permit (tax-abated), sold for $75K in 2021.

  1. 2011 2 L&I violationsL&I
  2. 2015 2 L&I violationsL&I
  3. 2018 7 L&I violations incl UNSAFE STRUCTUREL&I
  4. 2021 $75KSoldInterior Non-Load-Bearing Wall Demo.PermitChange of UsePermitAppeal grantedZoning
  5. 2022 Addition and/or AlterationPermit
  6. 2023 Addition and/or AlterationPermitNew ConstructionPermitAlterationsPermitAddition and/or AlterationsPermit

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

The abatement clock

This house pays about $1,191/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$5,294/yr — a step up of $4,103/yr, 8 assessment years out. Drag the slider.

2016: ~$490/yr2017: ~$490/yr2018: ~$490/yr2019: ~$622/yr2020: ~$645/yr2021: ~$645/yr2022: ~$645/yr2023: ~$1,006/yr2024: ~$1,006/yr2025: ~$1,260/yr2026: ~$1,260/yr2027: ~$1,191/yr2028: ~$1,704/yr (projected)2029: ~$2,217/yr (projected)2030: ~$2,730/yr (projected)2031: ~$3,243/yr (projected)2032: ~$3,755/yr (projected)2033: ~$4,268/yr (projected)2034: ~$4,781/yr (projected)2035: ~$5,294/yr (projected)2036: ~$5,294/yr (projected)201620352036
2027~$1,191/yrfrom the record

now: ($378,200 assessed − $293,116 abated) × 1.3998% ≈ $1,191/yr 2035: $378,200 assessed × 1.3998% ≈ $5,294/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.

Bedrooms
5
Bathrooms
5
Stories
3
Interior
2,006 sqft
livable area
Lot
1,376 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
granted 2021

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

Run the numbers

What owning 1237 N 60th 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.

$378K
20%
6.875%
$3K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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: 1235 N 60th St  ·  1239 N 60th 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)