Public Records
Edition
Philadelphia1800 block of N Gratz StJuly 9, 2026

House report

1844 N Gratz St

4 bd · 6 ba · 3 stories · 2,012 sqft · RSA5 · built 2017

Investor / LLC · assessed $353K · sold 2×. On the 1800 block of N Gratz St.

Street view of 1844 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

The tax bill is temporary

Today's $987/yr reflects a 10-year abatement. It jumps to about $4,934/yr in 2028 — $3,947/yr more. Price the full bill, not the current one.

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 own it

$5,806 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

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

Chase Investment LLC · corporate / LLC owner

• 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
$353K
built 2017
Price / sq ft
$175
block $159 · above block
Appreciation
+773%
+22%/yr, city 6.5%
In 5 years (~2031)
~$356K
+22%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$987
0.28% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$250K$500KBefore this chart — 2014: Demolished 2015: 2 L&I violations2016: Land $5K 2016: Land $85K2017: Zoning/use 2017: New construction 2017: Electrical 2017: Administrative 2017: Mechanical 2017: Suppression 2017: Plumbing 2017: L&I violation$353K201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Old house bought for $5K in 2016, demolished in 2014 and rebuilt (2017).

  1. 2014 DemolishedTeardown
  2. 2015 2 L&I violationsL&I
  3. 2016 $5KLand buy$85KLand buy
  4. 2017 Zoning/usePermitNew constructionPermitElectricalPermitAdministrativePermitMechanicalPermitSuppressionPermitPlumbingPermitL&I violationL&I

Flags: tax-abated — the bill lags real value · active rental license · $6K back taxes (1993–2016, $1K of it interest & penalties, lien filed) · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $987/yr under a 10-year tax abatement. In 2028 the bill reaches its full ~$4,934/yr — a step up of $3,947/yr, 1 assessment year out. Drag the slider.

2016: ~$566/yr2017: ~$566/yr2018: ~$663/yr2019: ~$663/yr2020: ~$698/yr2021: ~$698/yr2022: ~$698/yr2023: ~$1,379/yr2024: ~$1,379/yr2025: ~$1,379/yr2026: ~$1,379/yr2027: ~$987/yr2028: ~$4,934/yr (projected)2029: ~$4,934/yr (projected)201620282029
2027~$987/yrfrom the record

now: ($352,500 assessed − $281,990 abated) × 1.3998% ≈ $987/yr 2028: $352,500 assessed × 1.3998% ≈ $4,934/yr Flat 100% exemption (pre-2022 program, started 2018), 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
4
Bathrooms
6
Stories
3
Interior
2,012 sqft
livable area
Lot
854 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
RSA5
city zoning code

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

Run the numbers

What owning 1844 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.

$353K
20%
6.875%
$3K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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).

Next door: 1840-42 N Gratz St  ·  1822 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)