Multi-family report

1300 E Gorgas Ln

4 bd · 2 ba · 2 stories · 1,382 sqft · RSA5 · built 1950

Owner-occupied · assessed $293K · 2 licensed units. On the 1300 block of E Gorgas Ln.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

Ask the questions this record raises.

These curated questions are free. Choose one to open its cited answer.

Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 1300 E Gorgas Ln
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 46% in 2025, but no matching permit appears in the property timeline.

Evidence: assessment moved from $196,600 to $287,200 · no permit shown in 2024-2026

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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 current tax estimate is temporary

The taxable assessment implies about $2,079/yr under a 10-year abatement. It jumps to about $4,099/yr by 2026 — $2,020/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

Built 1950: 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.

2 units in RSA5, a single-family district

The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as 2 rents.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2026 it can — knocking about $1,400/yr off the full bill.

If you’re the landlord

Lead certificate is not optional

Built 1950: 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.

The investment read

How this building 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 record to dig into any number.

Assessed value
$293K
built 1950
Price / sq ft
$212
block $174 · above block
Appreciation
+83%
+6%/yr, city 6.5%
In 5 years (~2031)
~$294K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.71% effective, abated
Jun 2022 tax snapshot
Gross yield
6%
≈$1K/mo rent
Times sold
0
licensed rental

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

$0$250K$500K$293K201620222027
This houseBlock median & range

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’s taxable assessment implies about $2,079/yr under a 10-year tax abatement. By 2026 the assessment-based estimate reaches ~$4,099/yr — a step up of $2,020/yr. Drag the slider.

2016: ~$2,079/yr2017: ~$2,079/yr2018: ~$2,079/yr2019: ~$2,079/yr2020: ~$2,079/yr2021: ~$2,079/yr2022: ~$2,079/yr2023: ~$2,079/yr2024: ~$2,079/yr2025: ~$2,079/yr2026: ~$2,079/yr2027: ~$2,079/yr201620262027
2027~$2,079/yrestimated from assessment

now: ($292,800 assessed − $144,279 abated) × 1.3998% ≈ $2,079/yr 2026: $292,800 assessed × 1.3998% ≈ $4,099/yr Flat 100% exemption (pre-2022 program, started 2016), then the cliff — 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
4
Bathrooms
2
Stories
2
Interior
1,382 sqft
livable area
Lot
1,992 sqft
Basement
Partial
city code H
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 1300 E Gorgas Ln takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$293K
20%
6.875%
$3K/mo

When this house last sold (1994) a 30-year mortgage ran about 8.38% — 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).

Block context

1300 E Gorgas Ln sits on the 1300 block of E Gorgas Ln. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1302 E Gorgas Ln  ·  1304 E Gorgas Ln

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. 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)