Public Records
Edition
Philadelphia1800 block of N Hancock StRecords pulled July 9, 2026

House report

1848 N Hancock St

4,050 sqft · RM1 · built 2018

Investor / LLC · assessed $810K. On the 1800 block of N Hancock St.

Street view of 1848 N Hancock 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 $2,268/yr reflects a 10-year abatement. It jumps to about $11,338/yr in 2029 — $9,070/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

Desi Properties LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.6M 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
$810K
built 2018
Price / sq ft
$200
block $240 · below block
Appreciation
+25%
+3%/yr, city 6.5%
In 5 years (~2031)
~$811K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Gross yield
Times sold
0
kept in the family

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

$0$500K$1.0M2017: Suppression 2017: Plumbing 2017: Mechanical 2017: Electrical 2017: Use 2017: Plumbing2020: Change of Use 2020: Appeal complete2021: Certificate of Occupancy (CO) (may inclu…$810K201620222027
This houseBlock median & rangeZoningPermit
The paper trail

built new under a 2017 permit (tax-abated).

  1. 2017 SuppressionPermitPlumbingPermitMechanicalPermitElectricalPermitUsePermitPlumbingPermit
  2. 2020 Change of UsePermitAppeal completeZoning
  3. 2021 Certificate of Occupancy (CO) (may inclu…Permit

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 $2,268/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$11,338/yr — a step up of $9,070/yr, 2 assessment years out. Drag the slider.

2019: ~$1,881/yr2020: ~$1,881/yr2021: ~$1,881/yr2022: ~$1,881/yr2023: ~$1,820/yr2024: ~$1,820/yr2025: ~$1,842/yr2026: ~$1,842/yr2027: ~$2,268/yr2028: ~$2,268/yr (projected)2029: ~$11,338/yr (projected)2030: ~$11,338/yr (projected)201920292030
2027~$2,268/yrfrom the record

now: ($810,000 assessed − $647,977 abated) × 1.3998% ≈ $2,268/yr 2029: $810,000 assessed × 1.3998% ≈ $11,338/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.

Interior
4,050 sqft
livable area
Lot
1,490 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
complete 2020

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

Run the numbers

What owning 1848 N Hancock 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.

$810K
20%
6.875%
$6K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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: 1846 N Hancock St  ·  1844 N Hancock 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)