Public Records
Edition
Philadelphia1600 block of N Gratz StJuly 9, 2026

House report

1622 N Gratz St

3 stories · 1,485 sqft · RSA5 · built 1920

Investor / LLC · assessed $199K · sold 2×. On the 1600 block of N Gratz St.

Street view of 1622 N Gratz 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 1920: 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 own it

2 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

$2,381 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

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

Alion Investments LLC · corporate / LLC owner

• Owns 48 properties across Philadelphia under this name, assessed at $12M combined

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
$199K
built 1920
Price / sq ft
$134
block $134 · in line w/ block
Appreciation
+44%
+3%/yr, city 6.5%
In 5 years (~2031)
~$200K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Gross yield
Times sold
2

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

$0$250K$500K2019: Major alteration2020: L&I violation 2020: Addition and/or Alteration 2020: Addition and/or Alteration2021: Sold $159K2022: Addition and/or Alteration 2022: Alterations 2022: Addition and/or Alteration 2022: Addition and/or Alterations2023: 2 L&I violations2025: 3 L&I violations 2025: Sold $150K$199K201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $159K in 2021. Owner pulled a addition and/or alterations permit in 2022.

  1. 2019 Major alterationPermit
  2. 2020 L&I violationL&IAddition and/or AlterationPermitAddition and/or AlterationPermit
  3. 2021 $159KSold
  4. 2022 Addition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermit
  5. 2023 2 L&I violationsL&I
  6. 2025 3 L&I violationsL&I$150KSold

Flags: 2 open L&I violations · $2K back taxes (2014–2016, $63 of it interest & penalties, lien filed). 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.

Stories
3
Interior
1,485 sqft
livable area
Lot
1,167 sqft
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

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

Run the numbers

What owning 1622 N Gratz 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.

$150K
20%
6.875%
$1K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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: 1620 N Gratz St  ·  1624 N Gratz 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)