Public Records
Edition
Philadelphia2000 block of Northbank PlJuly 9, 2026

House report

2012 Northbank Pl

3 bd · 3 ba · 3 stories · 1,881 sqft · CMX3 · built 2023

Owner-occupied · assessed $750K · sold 1×. On the 2000 block of Northbank Pl.

Street view of 2012 Northbank Pl
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 $2,100/yr reflects a 10-year abatement. It steps up every year and reaches about $10,499/yr in 2034 — $8,399/yr more. Price the full bill, not the current one.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2034 it can — knocking about $1,400/yr off the full bill.

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.

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
$750K
built 2023
Price / sq ft
$399
block $399 · in line w/ block
Appreciation
+15%
+5%/yr, city 6.5%
In 5 years (~2031)
~$752K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Gross yield
—
Times sold
1

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

$0$500K$1.0MBefore this chart — 2023: Sold $620K$750K202420262027
This houseBlock median & rangePermit
The paper trailNew construction

built new (tax-abated), sold for $620K in 2023.

  1. 2023 $620KSold

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

The abatement clock

This house pays about $2,100/yr under a 10-year tax abatement that steps down every year. In 2034 the bill reaches its full ~$10,499/yr — a step up of $8,399/yr, 7 assessment years out. Drag the slider.

2024: ~$1,820/yr2025: ~$1,820/yr2026: ~$1,820/yr2027: ~$2,100/yr2028: ~$3,300/yr (projected)2029: ~$4,500/yr (projected)2030: ~$5,700/yr (projected)2031: ~$6,899/yr (projected)2032: ~$8,099/yr (projected)2033: ~$9,299/yr (projected)2034: ~$10,499/yr (projected)2035: ~$10,499/yr (projected)202420342035
2027~$2,100/yrfrom the record

now: ($750,000 assessed − $599,979 abated) × 1.3998% ≈ $2,100/yr 2034: $750,000 assessed × 1.3998% ≈ $10,499/yr The abated slice shrinks ~10% a year (post-2022 program, started 2024) — 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
3
Bathrooms
3
Stories
3
Interior
1,881 sqft
livable area
Lot
573 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
CMX3
city zoning code

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

Run the numbers

What owning 2012 Northbank Pl 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.

$620K
20%
6.875%
$5K/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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: 2010 Northbank Pl  ·  2014 Northbank Pl

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)