Public Records
Edition
Philadelphia1300 block of Frankford AveJuly 9, 2026

House report

1322 Frankford Ave

1 story · 3,000 sqft · CMX2 · built 2022

Investor / LLC · assessed $2.0M · sold 3×. On the 1300 block of Frankford Ave.

Street view of 1322 Frankford Ave
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 $5,602/yr reflects a 10-year abatement. It jumps to about $28,010/yr in 2032 — $22,408/yr more. Price the full bill, not the current one.

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

1322 Frankford Owner LLC · corporate / LLC owner

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

PA corporate registry ↗OpenCorporates ↗City record ↗

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
$2.0M
built 2022
Price / sq ft
$667
block $181 · above block
Appreciation
+782%
+44%/yr, city 6.5%
In 5 years (~2031)
~$2.0M
+44%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$6K
0.28% effective, abated
Gross yield
—
Times sold
3

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

$0$1.3M$2.5MBefore this chart — 2012: Land $253K2019: Land $600K2021: Land $1.7M 2021: Signs (Accessory / Non-Accessory)2022: Sign 2022: Addition and/or Alteration 2022: New Construction or Additions2023: Addition and/or Alteration 2023: Addition and/or Alterations 2023: Addition and/or Alteration2025: Alterations$2.0M201620222027
This houseBlock median & rangeLand buyPermit
The paper trailNew construction

Bought for $253K in 2012, built new under a 2021 permit (tax-abated).

  1. 2012 $253KLand buy
  2. 2019 $600KLand buy
  3. 2021 $1.7MLand buySigns (Accessory / Non-Accessory)Permit
  4. 2022 SignPermitAddition and/or AlterationPermitNew Construction or AdditionsPermit
  5. 2023 Addition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationPermit
  6. 2025 AlterationsPermit

Flags: tax-abated — the bill lags real value. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $5,602/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$28,010/yr — a step up of $22,408/yr, 5 assessment years out. Drag the slider.

2021: ~$3,175/yr2022: ~$5,599/yr2023: ~$5,599/yr2024: ~$5,599/yr2025: ~$5,599/yr2026: ~$5,599/yr2027: ~$5,602/yr2028: ~$5,602/yr (projected)2029: ~$5,602/yr (projected)2030: ~$5,602/yr (projected)2031: ~$5,602/yr (projected)2032: ~$28,010/yr (projected)2033: ~$28,010/yr (projected)202120322033
2027~$5,602/yrfrom the record

now: ($2,001,000 assessed − $1,600,800 abated) × 1.3998% ≈ $5,602/yr 2032: $2,001,000 assessed × 1.3998% ≈ $28,010/yr Flat 100% exemption (pre-2022 program, started 2022), 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.

Stories
1
Interior
3,000 sqft
livable area
Lot
3,000 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A-
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 1322 Frankford Ave 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.

$2.0M
20%
6.875%
$14K/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: 1320 Frankford Ave  ·  1324 Frankford Ave

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)