Mixed-use report
1425 Frankford Ave
4 stories · 3,680 sqft · CMX2 · built 2021
Investor / LLC · assessed $1.0M · sold 2×. On the 1400 block of Frankford Ave.
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
Today's $2,801/yr reflects a 10-year abatement. It steps up every year and reaches about $14,005/yr in 2034 — $11,204/yr more. Price the full bill, not the current one.
If you’re the landlord
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
Fly Properties LLC · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $2.0M combined
• Tax bills mail to 319 Fulton St, Philadelphia PA, 19147
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.
Value vs. the block, over time — sales, permits & L&I events marked on the line
built new under a 2018 permit (tax-abated).
- 2016 Appeal grantedZoning
- 2018 MechanicalPermitAdministrativePermit
- 2019 AdministrativePermitAppeal granted with conditionsZoningUsePermit
- 2020 Addition and/or AlterationPermitNew ConstructionPermitAlterationsPermit
- 2021 New ConstructionPermit
- 2025 2 L&I violationsL&IL&I: 3 failed, 1 passedL&I visit
Flags: tax-abated — the bill lags real value · 2 zoning/board appeals on record. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $2,801/yr under a 10-year tax abatement that steps down every year. In 2034 the bill reaches its full ~$14,005/yr — a step up of $11,204/yr, 7 assessment years out. Drag the slider.
now: ($1,000,500 assessed − $800,400 abated) × 1.3998% ≈ $2,801/yr
2034: $1,000,500 assessed × 1.3998% ≈ $14,005/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2024) — 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.
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 1425 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.
When this house last sold (2011) a 30-year mortgage ran about 4.45% — Freddie Mac's average that year.
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: 1427 Frankford Ave · 1429 Frankford Ave
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
- Back taxes & liens — Real Estate Tax Balances, Dept. of 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
City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.
First time here?
This is 1425 Frankford Ave,
on paper.
Built 2021. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)