Public Records
Edition
Philadelphia1600 block of Poplar StRecords pulled July 9, 2026

House report

1624 Poplar St

7 bd · 3 stories · 3,780 sqft · RM1 · built 2017

Investor / LLC · assessed $1.2M · sold 1×. On the 1600 block of Poplar St.

Street view of 1624 Poplar 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

The tax bill is temporary

Today's $3,360/yr reflects a 10-year abatement. It jumps to about $16,798/yr in 2029 — $13,438/yr more. Price the full bill, not the current one.

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

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

Kreit LLC · corporate / LLC owner

• Owns 9 properties across Philadelphia under this name, assessed at $8.0M combined
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$1.2M
built 2017
Price / sq ft
$317
block $302 · in line w/ block
Appreciation
+321%
+14%/yr, city 6.5%
In 5 years (~2031)
~$1.2M
+14%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.28% effective, abated
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$1.0M$2.0MBefore this chart — 2015: Land $825K2016: Appeal moot 2016: 3 L&I violations incl EXTERIOR STRUCT UNSAFE COND 72017: Zoning/use 2017: Demolition 2017: Zoning/use 2017: Demolished 2017: New construction 2017: Suppression 2017: Plumbing 2017: Mechanical 2017: Electrical$1.2M201620222027
This houseBlock median & rangeTeardownL&I violationPermit
The paper trail

Old house bought for $825K in 2015, demolished in 2017 and rebuilt (2017).

  1. 2015 $825KLand buy
  2. 2016 Appeal mootZoning3 L&I violations incl EXTERIOR STRUCT UNSAFE COND 7L&I
  3. 2017 Zoning/usePermitDemolitionPermitZoning/usePermitDemolishedTeardownNew constructionPermitSuppressionPermitPlumbingPermitMechanicalPermitElectricalPermit

Flags: tax-abated — the bill lags real value · 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 abatement clock

This house pays about $3,360/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$16,798/yr — a step up of $13,438/yr, 2 assessment years out. Drag the slider.

2016: ~$3,989/yr2017: ~$3,989/yr2019: ~$3,659/yr2020: ~$3,781/yr2021: ~$3,781/yr2022: ~$3,781/yr2023: ~$3,360/yr2024: ~$3,360/yr2025: ~$3,360/yr2026: ~$3,360/yr2027: ~$3,360/yr2028: ~$3,360/yr (projected)2029: ~$16,798/yr (projected)2030: ~$16,798/yr (projected)201620292030
2027~$3,360/yrfrom the record

now: ($1,200,000 assessed − $959,966 abated) × 1.3998% ≈ $3,360/yr 2029: $1,200,000 assessed × 1.3998% ≈ $16,798/yr Flat 100% exemption (pre-2022 program, started 2019), 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
7
Stories
3
Interior
3,780 sqft
livable area
Lot
1,800 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
moot 2016

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

Run the numbers

What owning 1624 Poplar 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.

$1.2M
20%
6.875%
$9K/mo
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).

Next door: 1622 Poplar St  ·  1626 Poplar St

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)