Public Records
Edition
Philadelphia2200 block of Hope StJuly 9, 2026

House report

2241 Hope St

3 bd · 3 ba · 2 stories · 1,613 sqft · RSA5 · built 2020

Absentee individual · assessed $460K. On the 2200 block of Hope St.

Street view of 2241 Hope 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 $1,286/yr reflects a 10-year abatement. It jumps to about $6,435/yr in 2032 — $5,149/yr more. Price the full bill, not the current one.

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

2 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

$2,506 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place — an owner-occupant agreement also stops the sheriff-sale track.

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.

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
$460K
built 2020
Price / sq ft
$285
block $285 · in line w/ block
Appreciation
+262%
+24%/yr, city 6.5%
In 5 years (~2031)
~$465K
+24%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
Times sold
0
licensed rental

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

$0$250K$500K2023: 2 L&I violations$460K201620222027
This houseBlock median & rangeL&I violation
The paper trail

built new (tax-abated).

  1. 2023 2 L&I violationsL&I

Flags: tax-abated — the bill lags real value · active rental license · 2 open L&I violations · $3K back taxes. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,286/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$6,435/yr — a step up of $5,149/yr, 5 assessment years out. Drag the slider.

2021: ~$1,776/yr2022: ~$1,776/yr2023: ~$1,776/yr2024: ~$1,776/yr2025: ~$1,195/yr2026: ~$1,195/yr2027: ~$1,286/yr2028: ~$1,286/yr (projected)2029: ~$1,286/yr (projected)2030: ~$1,286/yr (projected)2031: ~$1,286/yr (projected)2032: ~$6,435/yr (projected)2033: ~$6,435/yr (projected)202120322033
2027~$1,286/yrfrom the record

now: ($459,700 assessed − $367,830 abated) × 1.3998% ≈ $1,286/yr 2032: $459,700 assessed × 1.3998% ≈ $6,435/yr Flat 100% exemption (pre-2022 program, started 2022), 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
3
Bathrooms
3
Stories
2
Interior
1,613 sqft
livable area
Lot
714 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
RSA5
city zoning code

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

Run the numbers

What owning 2241 Hope 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.

$460K
20%
6.875%
$3K/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).

Next door: 2239 Hope St  ·  2243 Hope 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)