Multi-family report

2017 Green St

4 stories · 4,650 sqft · RM1 · built 1920

Investor / LLC · assessed $825K · 6 licensed units · sold 2×. On the 2000 block of Green St.

Street view of 2017 Green St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Improved

Why it matters

Bought for $5.6M in 2014. Owner pulled a addition and/or alterations permit in 2026.

View supporting records →
Finding

Assessment and sale price disagree hard

Why it matters

Assessed at $825K, but it traded for $12,741,000 in 2025 — a 15.4× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

What the record is signaling

Early patterns mined across this property's dated public records. Each flag shows what triggered it and where the inference stops.

elevated signalPost-purchase work pattern

A recorded purchase followed by 3 permit events matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2025 · permit activity in 2025, 2026

Limit: This does not show that the property is listed or that a sale is planned.

Transparent record rules, not a machine-learning forecast. A signal is a prompt to verify the cited record, not a prediction or allegation.

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

Built 1920: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

If you’re the landlord

Lead certificate is not optional

Built 1920: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

Spring Garden Portfolio I Holdings LLC · corporate / LLC owner

• Owns 16 properties across Philadelphia under this name, assessed at $11M combined
• Tax bills mail to 2105 Green St 1f, Philadelphia PA, 19130
• Holds an active rental license for this address

The investment read

How this building 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 record to dig into any number.

Assessed value
$825K
built 1920
Price / sq ft
$177
block $314 · below block
Appreciation
+47%
+4%/yr, city 6.5%
In 5 years (~2031)
~$826K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$12K
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
2.6%
≈$2K/mo rent
Times sold
2
licensed rental

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

$0$500K$1.0MBefore this chart — 2014: Sold $5.6M2025: Sold $13M 2025: Addition and/or Alteration2026: Addition and/or Alteration 2026: Addition and/or Alterations$825K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $5.6M in 2014. Owner pulled a addition and/or alterations permit in 2026.

  1. 2014 $5.6MSold
  2. 2025 $13MSoldAddition and/or AlterationPermit
  3. 2026 Addition and/or AlterationPermitAddition and/or AlterationsPermit

Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
4
Interior
4,650 sqft
livable area
Lot
2,057 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
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.

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Assessment and sale price disagree hard

Assessed at $825K, but it traded for $12,741,000 in 2025 — a 15.4× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Run the numbers

What owning 2017 Green St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 6 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$13M
20%
6.875%
$9K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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, $4,200/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

2017 Green St sits on the 2000 block of Green St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2015 Green St  ·  2019 Green St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. 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)