House report

1500 E Berks St

4 bd · 3 ba · 3 stories · 2,010 sqft · RSA5 · built 1925

Investor / LLC · assessed $682K · sold 1×. On the 1500 block of E Berks St.

Street view of 1500 E Berks St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

built new under a 2023 permit (tax-abated), sold for $270K in 2022.

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

The tax bill is temporary

Today's $4,143/yr reflects a 10-year abatement. It steps up every year and reaches about $9,542/yr in 2036 — $5,399/yr more. Price the full bill, not the current one.

Built 1925: 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.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you’re the landlord

Lead certificate is not optional

Built 1925: 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.

Who's behind it

Tana Homes LLC · corporate / LLC owner

• Tax bills mail to 1005 Pontiac Rd Ste 348, Drexel Hill PA, 19026 — outside Philadelphia
• Holds an active rental license for this address

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
$682K
built 1925
Price / sq ft
$339
block $295 · above block
Appreciation
+309%
+14%/yr, city 6.5%
In 5 years (~2031)
~$686K
+14%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.61% effective, abated
Gross yield
2.9%
≈$2K/mo rent
Times sold
1
licensed rental

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

$0$500K$1.0M2022: Sold $270K2023: Interior Non-Load-Bearing Wall Demo. 2023: New construction, addition, GFA change 2023: Addition and/or Alteration 2023: Alterations2024: Addition and/or Alterations 2024: Alterations 2024: Addition and/or Alteration2025: Certificate of Occupancy (CO) (may inclu…$682K201620222027
This houseBlock median & rangeSalePermit

The paper trail

built new under a 2023 permit (tax-abated), sold for $270K in 2022.

  1. 2022 $270KSold
  2. 2023 Interior Non-Load-Bearing Wall Demo.PermitNew construction, addition, GFA changePermitAddition and/or AlterationPermitAlterationsPermit
  3. 2024 Addition and/or AlterationsPermitAlterationsPermitAddition and/or AlterationPermit
  4. 2025 Certificate of Occupancy (CO) (may inclu…Permit

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 pays about $4,143/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$9,542/yr — a step up of $5,399/yr, 9 assessment years out. Drag the slider.

2016: ~$2,331/yr2017: ~$2,331/yr2018: ~$2,331/yr2019: ~$2,875/yr2020: ~$3,098/yr2021: ~$3,098/yr2022: ~$3,098/yr2023: ~$3,862/yr2024: ~$3,862/yr2025: ~$4,710/yr2026: ~$4,619/yr2027: ~$4,143/yr2028: ~$4,743/yr (projected)2029: ~$5,343/yr (projected)2030: ~$5,943/yr (projected)2031: ~$6,543/yr (projected)2032: ~$7,142/yr (projected)2033: ~$7,742/yr (projected)2034: ~$8,342/yr (projected)2035: ~$8,942/yr (projected)2036: ~$9,542/yr (projected)2037: ~$9,542/yr (projected)201620362037
2027~$4,143/yrfrom the record

now: ($681,700 assessed − $385,729 abated) × 1.3998% ≈ $4,143/yr 2036: $681,700 assessed × 1.3998% ≈ $9,542/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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
3
Stories
3
Interior
2,010 sqft
livable area
Lot
840 sqft
Basement
Partial, unfinished
city code G
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
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 1500 E Berks St 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.

$270K
20%
6.875%
$2K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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

1500 E Berks St sits on the 1500 block of E Berks St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1502 E Berks St  ·  1504 E Berks St

Where this comes from

Methodology & freshness

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. 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)