The Block Report

House report

1513 N Franklin St

2 bd · 2 ba · 1 story · 1,091 sqft · RSA5 · built 2018

Owner-occupied · assessed $305K. On the 1500 block of N Franklin St.

Street view of 1513 N Franklin St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$305KCity assessed value Last sale$293KRecorded 2018 Est. taxes$427/yearAnnual city record Permits—Record unavailable ViolationsNone openNo open L&I cases

What stands out

From the public record

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 $427/yr reflects a 10-year abatement. It jumps to about $4,272/yr in 2030 — $3,845/yr more. Price the full bill, not the current one.

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 own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2030 it can — knocking about $1,400/yr off the full bill.

If you’re the landlord

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.

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
$305K
built 2018
Price / sq ft
$280
block $226 · above block
Appreciation
+10%
+1%/yr, city 6.5%
In 5 years (~2031)
~$305K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$427
0.14% effective, abated
Gross yield
4.5%
≈$1K/mo rent
Times sold
0
licensed rental

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

$0$250K$500K$305K201620222027
This houseBlock median & range

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 $427/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$4,272/yr — a step up of $3,845/yr, 3 assessment years out. Drag the slider.

2020: ~$584/yr2021: ~$584/yr2022: ~$584/yr2023: ~$613/yr2024: ~$613/yr2025: ~$643/yr2026: ~$643/yr2027: ~$427/yr2028: ~$427/yr (projected)2029: ~$427/yr (projected)2030: ~$4,272/yr (projected)2031: ~$4,272/yr (projected)202020302031
2027~$427/yrfrom the record

now: ($305,200 assessed − $274,696 abated) × 1.3998% ≈ $427/yr 2030: $305,200 assessed × 1.3998% ≈ $4,272/yr Flat 100% exemption (pre-2022 program, started 2020), 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.

Bedrooms
2
Bathrooms
2
Stories
1
Interior
1,091 sqft
livable area
Lot
1,814 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
B
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 1513 N Franklin 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.

$305K
20%
6.875%
$1K/mo

When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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

1513 N Franklin St sits on the 1500 block of N Franklin St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1513 N Franklin St  ·  1513 N Franklin 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)