Mixed-use report

1532 Belfield Ave

2,480 sqft · CMX2 · built 1930

Absentee individual · assessed $131K · sold 2×. On the 1500 block of Belfield Ave.

Street view of 1532 Belfield Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Improved

Why it matters

Bought for $83K in 2021. Owner pulled a addition and/or alteration permit in 2021.

View supporting records →
Finding

Marked vacant, but licensed as a rental

Why it matters

The assessor's condition code says vacant, while L&I shows an active rental license here. Both can't be current.

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

Built 1930: 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.

If you own it

$19,570 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

If you’re the landlord

Lead certificate is not optional

Built 1930: 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 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.

Assessed value
$131K
built 1930
Price / sq ft
$53
block $99 · below block
Appreciation
-6%
-1%/yr, city 6.5%
In 5 years (~2031)
~$131K
-1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
1.4% effective
Gross yield
9.5%
≈$1K/mo rent
Times sold
2
licensed rental

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

$0$125K$250K2021: Sold $83K 2021: Addition and/or Alteration2022: 2 L&I violations2023: 4 L&I violations 2023: L&I: 3 failed, 2 passed2024: Inspection passed ×22025: 18 L&I violations 2025: Inspection failed ×42026: Appeal complete 2026: 3 L&I violations 2026: Inspection failed ×6 2026: Appeal filed$131K201620222027
This houseBlock median & rangeSaleL&I violationInspection

The paper trail

Bought for $83K in 2021. Owner pulled a addition and/or alteration permit in 2021.

  1. 2021 $83KSoldAddition and/or AlterationPermit
  2. 2022 2 L&I violationsL&I
  3. 2023 4 L&I violationsL&IL&I: 3 failed, 2 passedL&I visit
  4. 2024 Inspection passed ×2L&I visit
  5. 2025 18 L&I violationsL&IInspection failed ×4L&I visit
  6. 2026 Appeal completeZoning3 L&I violationsL&IInspection failed ×6L&I visitAppeal filedZoning

Flags: active rental license · $20K back taxes (2003–2014, $7K of it interest & penalties, lien filed) · 2 zoning/board appeals on record. 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.

Interior
2,480 sqft
livable area
Lot
1,967 sqft
Exterior condition
Vacant
city code 6
Vacant
Interior condition
Vacant
city code 6
Vacant
Quality grade
C
assessor's grade
Zoning
CMX2
city zoning code
Zoning appeals
2
on record

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

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Marked vacant, but licensed as a rental

The assessor's condition code says vacant, while L&I shows an active rental license here. Both can't be current.

Run the numbers

What owning 1532 Belfield 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.

$131K
20%
6.875%
$1K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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.

Block context

1532 Belfield Ave sits on the 1500 block of Belfield Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1534-40 Belfield Ave  ·  1520-28 Belfield Ave

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)