Improved
Why it mattersBought for $425K in 2020. Owner pulled a minor demolition permit in 2023.
View supporting records →House report
137 S 24th St
3 stories · 2,071 sqft · CMX4 · built 1960
Investor / LLC · assessed $523K · sold 1×. On the 100 block of S 24th St.
Property summary
Assessment$523KCity assessed value
Last sale$425KRecorded 2020
Est. annual tax$7K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
ViolationsNone openNone open when assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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Question or correct this record
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What stands out
From the public recordRecords 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.
Recent transition activity
The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.
Evidence: 3 permit events since 2023 · demolition activity since 2023
Limit: Record activity alone does not establish that a sale or redevelopment is planned.
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
Built 1960: 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 own it
Construction next door (139 S 24th St, 2025)
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
24th Street Partners LP · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $788K combined
• Tax bills mail to 2401 Walnut St Ste 100, Philadelphia PA, 19103
• The last transfer was a nominal/family deed, not an open-market sale
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 record to dig into any number.
Assessed value
$523K
built 1960
Price / sq ft
$252
block $418 · below block
Appreciation
+28%
+2%/yr, city 6.5%
In 5 years (~2031)
~$523K
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$7K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
5%
≈$2K/mo rent
Times sold
1
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleTeardownL&I violationPermit
The paper trail
ImprovedBought for $425K in 2020. Owner pulled a minor demolition permit in 2023.
- 2010 L&I violationL&IInspection failed ×7L&I visit
- 2011 Major alterationPermitL&I: 2 failed, 2 passedL&I visit
- 2020 $425KSold
- 2023 6 L&I violations incl UNSAFE STRUCTUREL&IInspection failed ×2L&I visitAlterationsPermitFull DemolitionPermitMinor DemolitionPermit
- 2024 DemolishedTeardownInspection passed ×2L&I visit
Flags: long-held within one family. Informational only — not investment advice or a consumer report (FCRA).
The house, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Stories
3
Interior
2,071 sqft
livable area
Lot
1,113 sqft
Central air
No
Garage
1 space
Exterior condition
Below average
city code 5
Above averageBelow average
Interior condition
Vacant
city code 6
Vacant
Quality grade
B-
assessor's grade
ABCDE
Zoning
CMX4
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 137 S 24th St 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.
When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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.
Block context
137 S 24th St sits on the 100 block of S 24th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 135 S 24th St · 139 S 24th St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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)