Public Records
Edition
Philadelphia1500 block of S Broad StJuly 9, 2026

House report

1516 S Broad St

4 bd · 2 ba · 3 stories · 2,420 sqft · RSA5 · built 1923

Owner-occupied · assessed $491K · sold 1×. On the 1500 block of S Broad St.

Street view of 1516 S Broad St
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

Built 1923: 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.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

Lead certificate is not optional

Built 1923: 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.

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
$491K
built 1923
Price / sq ft
$203
block $170 · above block
Appreciation
+243%
+12%/yr, city 6.5%
In 5 years (~2031)
~$494K
+12%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.11% effective
Gross yield
Times sold
1
kept in the family

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

$0$500K$1.0M2016: 2 L&I violations2019: 4 L&I violations2020: Sold $480K2021: Addition and/or Alteration 2021: Alterations 2021: Addition and/or Alteration 2021: Addition and/or Alterations2023: Change of Use2024: Appeal granted$491K201620222027
This houseBlock median & rangeSaleL&I violationZoningPermit
The paper trail

Bought for $480K in 2020. Owner pulled a change of use permit in 2023.

  1. 2016 2 L&I violationsL&I
  2. 2019 4 L&I violationsL&I
  3. 2020 $480KSold
  4. 2021 Addition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermit
  5. 2023 Change of UsePermit
  6. 2024 Appeal grantedZoning

Flags: active rental license · 1 zoning/board appeal on record · 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.

Bedrooms
4
Bathrooms
2
Stories
3
Interior
2,420 sqft
livable area
Lot
1,800 sqft
Basement
Full, unfinished
city code C
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
granted 2024

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1516 S Broad 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.

$491K
20%
6.875%
$4K/mo

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.

Next door: 1514 S Broad St  ·  1518 S Broad St

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)