Multi-family report

2021 N 2nd St

7 bd · 3 stories · 3,501 sqft · RM1 · built 2022

Entity-held · assessed $700K (2026) · 2027 OPA assessment $944K · sold 2×. On the 2000 block of N 2nd St.

Street view of 2021 N 2nd St
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$1,960/year

2026 taxable assessment $140,000 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $943,500; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 183279600
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $140,000 of $700,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$9,799/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

New construction

Record summary

$150K transfer recorded in 2011; new construction appears in a 2021 permit with a reduced taxable assessment shown.

View supporting records →

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

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $1,960/yr, while applying the same rate to the full assessment would imply about $9,799/yr — $7,839/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

If you’re the landlord

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

Who's behind it

2100 N Hancock LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.9M combined
• Tax bills mail to 4 Cove Rd, Hainesport NJ, 08036 — outside Philadelphia

Assessment and tax history

Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.

Assessed value
$700,000
2026 billed-year assessment · 2027: $943,500 · built 2022
Price / sq ft
$269
block $199 · above block
Assessment change
+10745%
+53%/yr since 2016 · 2027 +35% vs 2026
Est. tax bill / yr
$1,960
0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
2

Assessment vs. the block and ZIP · every dated City record marked on the line

$0$500K$1.0MZIP 19122 median$944K2005200920132017202120252027
Property assessmentBlock median & rangeZIP 19122 medianAssessmentLand buyL&I violationPermitLicense

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record10 events · exact dates, newest first
  1. LicenseRental
  2. PermitNew Construction or Additions
  3. PermitNew Construction
  4. PermitNew Construction
  5. PermitNew construction, addition, GFA change
  6. Land buyLand record $300K
  7. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  8. L&I violationCLIP VIOLATION NOTICE
  9. Land buyLand record $150K
  10. LicenseVacant Residential Property / Lot

The paper trail

$150K transfer recorded in 2011; new construction appears in a 2021 permit with a reduced taxable assessment shown.

  1. 2011 $150KLand transfer
  2. 2019 2 L&I violationsL&I
  3. 2021 $300KLand transferNew construction, addition, GFA changePermitNew ConstructionPermitNew ConstructionPermit
  4. 2022 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 12 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. LicenseRental

    License 896638 · Expired

    2100 Hancock LLC · Expires 2026-05-25

  2. PermitNew Construction or Additions

    Permit PP-2022-002034 · Completed

    Exterior plumbing Curb stop, fai and house drain,1 inch water service Interior plumbing 6 WC,6 TUBS,6 LAVATORIES, 3 KS,3 LL,3 WH

  3. PermitNew Construction

    Permit EP-2022-000518 · Completed

    Install fire alarms with low frequency sound in all sleeping areas(living rms and bedrooms) tamper switch, flow switch. Install a 300 AMP service with 4 meters. Wire throughout a new three-family dwelling: switches, lights, receptacles, TV's, phones, emergency lights, and 110v interconnected smoke/CO alarms. ALL WORK IS TO BE DONE ACCORDING TO APPROVED DRAWINGS-2017 NEC,2016 NFPA-72,2018 PHILA FIRE CODE.

  4. PermitNew Construction

    Permit FP-2022-000028 · Completed

    FOR THE INSTALLATION OF A NEW FIRE SUPPRESSION SYSTEN DESIGNED PER NFPA 13 STANDARD WITH A 2 INCH FIRE SERVICE LINE AND SPRINKLER LAYOUT AS PER PLANS.

  5. PermitNew Construction

    Permit MP-2021-008581 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. (Install Three (3)- 5 kw Heat Pump System, via direct vent to the exterior (Side) install ductwork, grilles, registers and diffusers, installing ?(3) Three 3-Ton Coils & (3) Three 3-Ton 14 SEER A/C condenser located on a pad/rack at the rear of the building. (SFD) CP-2021-007422 ).

  6. PermitNew Construction

    Permit CP-2021-007422 · Completed

    NEW CONSTRUCTION OF A THREE (3) STORY BUILDING WITH PRIVATE ROOF DECK AND PILOT HOUSE FOR USE AS A THREE (3) FAMILY DWELLING AS PER APPROVED PLANS. BUILDING TO BE FULLY SPRINKLERED PER NPFA 13. WORK TO INCLUDE UNDERPINNING TO BE MONITORED BY A PA LICENSED PE AT ALL TIMES. *2018 IBC REVIEW* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK**

  7. PermitNew construction, addition, GFA change

    Permit ZP-2021-009210 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH CELLAR AND ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE; FOR USE AS MULTIFAMILY (THREE (3) DWELLING UNITS) HOUSEHOLD LIVING; SIZE AND LOCATION AS SHOWN IN THE APPLICATION/PLAN.

  8. Land recordLand record

    2021

  9. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 708858 · Violation 5195780 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  10. ViolationCLIP VIOLATION NOTICE

    Case 708858 · Violation 5195779 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  11. Land recordLand record

    2011

  12. LicenseVacant Residential Property / Lot

    License 333709 · Inactive

    POLISH INSTITUTE OF AMERICA INC · Expires 2011-02-28 · Inactive 2012-12-22

What this record suggests

The City file documents 6 permits touching electrical work, plumbing, roof work. 6 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: material assessment exemption — legal basis and term unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,960/year. Applying the same 1.3998% rate to the full assessed value would imply ~$9,799/year$7,839/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2016: ~$122/yr2017: ~$122/yr2018: ~$122/yr2019: ~$122/yr2020: ~$122/yr2021: ~$122/yr2022: ~$122/yr2023: ~$1,760/yr2024: ~$1,760/yr2025: ~$1,960/yr2026: ~$1,960/yr20162026
2026~$1,960/yrestimated from assessment

2026: ($700,000 assessed − $559,980 exempt) × 1.3998% ≈ $1,960/yr full-assessment scenario: $700,000 × 1.3998% ≈ $9,799/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

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

Bedrooms
7
Stories
3
Interior
3,501 sqft
livable area
Lot
1,170 sqft
Basement
Full, finished
city code A
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
RM1
city zoning code

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

Run the numbers

What owning 2021 N 2nd St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$944K
20%
6.875%
$2K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Estimated cash needed
down + 4% planning allowance
Modeled cash flow
rent − shown costs · /mo
Modeled cap rate
modeled NOI ÷ price
Modeled cash-on-cash
modeled year-1 return

Scenario for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.

Block context

2021 N 2nd St sits on the 2000 block of N 2nd St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2019 N 2nd St  ·  2023 N 2nd St

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 10:04 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)