House report

2142 Latona St

2 bd · 1 ba · 2 stories · 890 sqft · RSA5 · built 1920

Absentee individual · assessed $311K · sold 4×. On the 2100 block of Latona St.

Property summary

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

BlockReport AI · cited public records

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Street view of 2142 Latona St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Verify the current balance before relying on it.

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

A separate historical parcel ledger ending in 2016 records $11K and a lien entry. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $35K in 2017, built new under a 2017 permit (tax-abated), sold for $285K in 2021.

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 33% in 2023, but no matching permit appears in the property timeline.

Evidence: assessment moved from $247,400 to $328,500 · no permit shown in 2022-2024

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, 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

The current tax estimate is temporary

The taxable assessment implies about $1,773/yr under a 10-year abatement. It jumps to about $4,346/yr in 2029 — $2,573/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

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.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you own it

$11,021 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

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.

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 record to dig into any number.

Assessed value
$311K
built 1920
Price / sq ft
$349
block $265 · above block
Appreciation
+188%
+10%/yr, city 6.5%
In 5 years (~2031)
~$312K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.57% effective, abated
Jun 2022 tax snapshot
Gross yield
7.5%
≈$2K/mo rent
Times sold
4
kept in the family

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

$0$250K$500KBefore this chart — 2015: 2 L&I violations incl UNSAFE STRUCTURE 2015: Inspection failed2016: Inspection failed ×22017: Sold $35K 2017: Major alteration 2017: Major alteration 2017: Plumbing 2017: Mechanical 2017: Electrical 2017: L&I: EXTERIOR STRUCT UNSAFE COND 9 2017: L&I: 1 failed, 3 passed2021: Sold $285K$311K201620222027
This houseBlock median & rangeSalePermitInspection

The paper trail

Bought for $35K in 2017, built new under a 2017 permit (tax-abated), sold for $285K in 2021.

  1. 2015 2 L&I violations incl UNSAFE STRUCTUREL&IInspection failedL&I visit
  2. 2016 Inspection failed ×2L&I visit
  3. 2017 $35KSoldMajor alterationPermitMajor alterationPermitPlumbingPermitMechanicalPermitElectricalPermitL&I: EXTERIOR STRUCT UNSAFE COND 9L&IL&I: 1 failed, 3 passedL&I visit
  4. 2021 $285KSold

Flags: tax-abated — the bill lags real value · active rental license · historical tax ledger through 2016 recorded $11K with a lien entry · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $1,773/yr under a 10-year tax abatement. In 2029 the assessment-based estimate reaches ~$4,346/yr — a step up of $2,573/yr, 2 assessment years out. Drag the slider.

2016: ~$1,512/yr2017: ~$1,512/yr2018: ~$1,512/yr2019: ~$1,470/yr2020: ~$1,580/yr2021: ~$1,580/yr2022: ~$1,580/yr2023: ~$1,876/yr2024: ~$1,876/yr2025: ~$1,829/yr2026: ~$1,829/yr2027: ~$1,773/yr2028: ~$1,773/yr (projected)2029: ~$4,346/yr (projected)2030: ~$4,346/yr (projected)201620292030
2027~$1,773/yrestimated from assessment

now: ($310,500 assessed − $183,839 abated) × 1.3998% ≈ $1,773/yr 2029: $310,500 assessed × 1.3998% ≈ $4,346/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.

Bedrooms
2
Bathrooms
1
Stories
2
Interior
890 sqft
livable area
Lot
694 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 2142 Latona 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.

$311K
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
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).

Block context

2142 Latona St sits on the 2100 block of Latona St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2140 Latona St  ·  2138 Latona 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)