Public Records
Edition
Philadelphia1900 block of N 7th StJuly 9, 2026

House report

1929 N 7th St

5 stories · 7,458 sqft · RM1 · built 2023

Investor / LLC · assessed $916K · sold 1×. On the 1900 block of N 7th St.

Street view of 1929 N 7th 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 $1,282/yr reflects a 10-year abatement. It steps up every year and reaches about $12,824/yr in 2033 — $11,542/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

Prestige On 7th LLC · corporate / LLC owner

• Holds an active rental license for this address

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
$916K
built 2023
Price / sq ft
$123
block $132 · below block
Appreciation
-29%
-8%/yr, city 6.5%
In 5 years (~2031)
~$912K
-8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.14% effective, abated
Gross yield
Times sold
1
licensed rental

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

$0$1.0M$2.0M2017: 3 L&I violations2019: 5 L&I violations incl EXTERIOR STRUCT UNSAFE COND 92020: Land $225K2021: New construction, addition, GFA change 2021: Rough-In 2021: New Construction$916K201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Bought for $225K in 2020, built new under a 2021 permit (tax-abated).

  1. 2017 3 L&I violationsL&I
  2. 2019 5 L&I violations incl EXTERIOR STRUCT UNSAFE COND 9L&I
  3. 2020 $225KLand buy
  4. 2021 New construction, addition, GFA changePermitRough-InPermitNew ConstructionPermit

Flags: tax-abated — the bill lags real value · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,282/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$12,824/yr — a step up of $11,542/yr, 6 assessment years out. Drag the slider.

2023: ~$1,796/yr2024: ~$1,796/yr2025: ~$1,888/yr2026: ~$1,888/yr2027: ~$1,282/yr2028: ~$3,206/yr (projected)2029: ~$5,129/yr (projected)2030: ~$7,053/yr (projected)2031: ~$8,977/yr (projected)2032: ~$10,900/yr (projected)2033: ~$12,824/yr (projected)2034: ~$12,824/yr (projected)202320332034
2027~$1,282/yrfrom the record

now: ($916,100 assessed − $824,515 abated) × 1.3998% ≈ $1,282/yr 2033: $916,100 assessed × 1.3998% ≈ $12,824/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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.

Stories
5
Interior
7,458 sqft
livable area
Lot
1,658 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

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

Run the numbers

What owning 1929 N 7th 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.

$916K
20%
6.875%
$7K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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: 1927 N 7th St  ·  1931 N 7th 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)