House report

1517 Green St

3 bd · 2 stories · 2,110 sqft · RM1 · built 2019

Investor / LLC · assessed $471K · 2 licensed units. On the 1500 block of Green St.

Street view of 1517 Green St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

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 $660/yr reflects a 10-year abatement. It jumps to about $6,596/yr in 2031 — $5,936/yr more. Price the full bill, not the current one.

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.

Who's behind it

Village On The Green LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $1.4M combined
• Tax bills mail to 1517 Green St Apt 1, Philadelphia PA, 19130
• 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
$471K
built 2019
Price / sq ft
$223
block $303 · below block
Appreciation
+10%
+2%/yr, city 6.5%
In 5 years (~2031)
~$472K
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$660
0.14% effective, abated
Gross yield
4.4%
≈$2K/mo rent
Times sold
0
licensed rental

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

$0$500K$1.0M2019: New Construction 2019: New Construction 2019: New Construction or Additions 2019: New Construction2020: New Construction 2020: New Construction or Additions 2020: L&I violation 2020: Inspection failed2021: L&I: 2 failed, 1 passed$471K201620222027
This houseBlock median & rangeL&I violationPermitInspection

The paper trail

built new under a 2019 permit (tax-abated).

  1. 2019 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermit
  2. 2020 New ConstructionPermitNew Construction or AdditionsPermitL&I violationL&IInspection failedL&I visit
  3. 2021 L&I: 2 failed, 1 passedL&I visit

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 $660/yr under a 10-year tax abatement. In 2031 the bill reaches its full ~$6,596/yr — a step up of $5,936/yr, 4 assessment years out. Drag the slider.

2021: ~$898/yr2022: ~$898/yr2023: ~$897/yr2024: ~$897/yr2025: ~$942/yr2026: ~$942/yr2027: ~$660/yr2028: ~$660/yr (projected)2029: ~$660/yr (projected)2030: ~$660/yr (projected)2031: ~$6,596/yr (projected)2032: ~$6,596/yr (projected)202120312032
2027~$660/yrfrom the record

now: ($471,200 assessed − $424,050 abated) × 1.3998% ≈ $660/yr 2031: $471,200 assessed × 1.3998% ≈ $6,596/yr Flat 100% exemption (pre-2022 program, started 2021), 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
3
Stories
2
Interior
2,110 sqft
livable area
Lot
1 sqft
Basement
Full, finished
city code A
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
Zoning
RM1
city zoning code

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

Run the numbers

What owning 1517 Green St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$471K
20%
6.875%
$3K/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 (with the abatement toggle above).

Block context

1517 Green St sits on the 1500 block of Green St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1517 Green St  ·  1517 Green 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)