The Block Report

Mixed-use report

1315 Frankford Ave

3 stories · 2,200 sqft · CMX2 · built 1920

Absentee individual · assessed $622K (2026) · 2027 OPA assessment $622K · sold 6×. On the 1300 block of Frankford Ave.

Property summary

Assessment$622,0002026 OPA assessment · 2027: $622,000 Last sale$645KRecorded 2025 Est. tax bill$8,707/year2026 taxable assessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits6Every fetched City permit Violations0 openNo historical match in fetched records

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

BlockReport AI · cited public records

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Street view of 1315 Frankford Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$8,707/year

2026 taxable assessment $622,000 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $622,000; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 871000270
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $9K in 2000, addition and/or alteration permit in 2019, sold for $645K in 2025 (+7067%).

View supporting records →

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

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.

If you’re the landlord

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. 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
$622,000
2026 billed-year assessment · 2027: $622,000 · built 1920
Price / sq ft
$283
block $181 · above block
Appreciation
+0%
+0%/yr, city 6.5%
In 5 years (~2031)
~$622K
+0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$8,707
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
4.7%
≈$2K/mo rent
Times sold
6

Assessment vs. the block · every dated City record marked on the line

$0$500K$1.0M2025 OPA assessment: $622K2026 OPA assessment: $622K2000 — Deed / sale $9K2001 — Deed / sale $90K2009 — Deed / sale $11K2019 — Deed / sale $529K · 2019-11-12: Addition and/or Alteration2023 — Deed / sale $688K2025 — Deed / sale $645K · 2025-04-23: Change of Use · 2025-06-23: Addition and/or Alteration · 2025-06-25: Addition and/or Alterations · 2025-06-25: Alterations · 2025-12-05: Food Preparing and Serving · 2025-10-07: Fire Alarm Certification$622K2000200520102015202020252026
This propertyBlock median & rangeDeed / salePermitLicenseCertification
2025-12-05: Food Preparing and Serving
Highlight
Every dated record13 events · scroll to browse
  1. LicenseFood Preparing and Serving
  2. CertificationFire Alarm Certification
  3. PermitAddition and/or Alterations
  4. PermitAlterations
  5. PermitAddition and/or Alteration
  6. PermitChange of Use
  7. Deed / saleDeed / sale $645K
  8. Deed / saleDeed / sale $688K
  9. PermitAddition and/or Alteration
  10. Deed / saleDeed / sale $529K
  11. Deed / saleDeed / sale $11K
  12. Deed / saleDeed / sale $90K
  13. Deed / saleDeed / sale $9K

The paper trail

Renovated & sold on

Bought for $9K in 2000, addition and/or alteration permit in 2019, sold for $645K in 2025 (+7067%).

  1. 2000 $9KSold
  2. 2001 $90KSold
  3. 2009 $11KSold
  4. 2019 $529KSoldAddition and/or AlterationPermit
  5. 2023 $688KSold
  6. 2025 $645KSoldChange of UsePermitAddition and/or AlterationPermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAlterationsPermit

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 14 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. LicenseFood Preparing and Serving

    License 0994997 · Active

    KING OF BUBBLE TEA LLC · Expires 2026-12-04

  2. CertificationFire Alarm Certification

    Certification BC-2025-026177 · Certified

    Expires 2026-10-07

  3. PermitAddition and/or Alterations

    Permit MP-2025-003045 · Completed

    For installation of HVAC to serve the tenant space on the 1st floor front only as per approved plans.

  4. PermitAlterations

    Permit PP-2025-007142 · Completed

    For installation of 4 sinks, 1 WC, 1 Lavatory and 1 water heater with associated interior piping.

  5. PermitAddition and/or Alteration

    Permit EP-2025-005546 · Completed

    Upgrade from 100Amp to 200Amp service. Add 6 circuits to new 200Amp service panel.

  6. PermitAddition and/or Alteration

    Permit CP-2025-002328 · Completed

    FOR LEVEL II ALTERATIONS TO AN EXISTING STRUCTURE. FOR USE AS A BUSINESS OCCUPANCY. ALTERATIONS TO INCLUDE THE ERECTION OF PARTITION WALLS, PROVIDE FINISHES/FURNISHINGS AND ACCESSIBILITY IMPROVMENTS THROUGHOUT. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS TO BE OBTAINED FOR ALL OTHER WORK.

  7. PermitChange of Use

    Permit ZP-2025-003658 · Issued

    Eating and Drinking Establishments - Prepared Food Shop

  8. Recorded transfer$645K transfer

    2025

  9. Recorded transfer$688K transfer

    2023

  10. PermitAddition and/or Alteration

    Permit 1001489 · Expired

    FOR STRUCTURAL ALTERATIONS TO CHANGE STEEL BEAM IN FRONT FACADE TO ADDRESS VIOLATION# 699534 AS PER PLANS. NO CERTIFICATE OF OCCUPANCY INCLUDED.

  11. Recorded transfer$529K transfer

    2019

  12. Recorded transfer$11K transfer

    2009

  13. Recorded transfer$90K transfer

    2001

  14. Recorded transfer$9K transfer

    2000

What this record suggests

The City file documents 6 permits touching electrical work, plumbing. 5 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

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

Stories
3
Interior
2,200 sqft
livable area
Lot
1,097 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B
assessor's grade
Zoning
CMX2
city zoning code

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

Run the numbers

What owning 1315 Frankford Ave 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 the area median. Assessed value is not an asking price — set the price slider to the real one.

$645K
20%
6.875%
$2K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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 use this parcel's taxable assessment, not a live Tax Center balance.

Block context

1315 Frankford Ave sits on the 1300 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1313 Frankford Ave  ·  1317-23 Frankford Ave

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 11:23 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)