New construction
Why it mattersbuilt new under a 2021 permit (tax-abated), sold for $1.7M in 2021.
View supporting records →House report
2314 Delancey Pl
5 bd · 3 ba · 3 stories · 3,360 sqft · RM1 · built 1850
Owner-occupied · assessed $2.7M · sold 1×. On the 2300 block of Delancey Pl.
Property summary
Assessment$2.7MCity assessed value
Last sale$1.7MRecorded 2021
Est. annual tax$16K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits7Dated events in report
ViolationsNone openNone open when assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
Ask the questions this record raises.
These curated questions are free. Choose one to open its cited answer.
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:
What stands out
From the public recordRecords 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.
Post-purchase work pattern
A recorded purchase followed by 7 permit events matches the early part of a renovate-and-resell sequence.
Evidence: purchase recorded in 2021 · permit activity in 2021, 2022, 2023
Limit: This does not show that the property is listed or that a sale is planned.
Assessment/permit mismatch
The assessment jumped 130% in 2025, but no matching permit appears in the property timeline.
Evidence: assessment moved from $1,055,300 to $2,430,800 · no permit shown in 2024-2026
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 $15,881/yr under a 10-year abatement. The estimate steps up every year and reaches about $37,622/yr in 2035 — $21,741/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.
Built 1850: 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 own it
When the abatement ends, file for Homestead
An abated home cannot also take the Homestead Exemption. From 2035 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 record to dig into any number.
Assessed value
$2.7M
built 1850
Price / sq ft
$800
block $478 · above block
Appreciation
+296%
+13%/yr, city 6.5%
In 5 years (~2031)
~$2.7M
+13%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$16K
0.59% effective, abated
Jun 2022 tax snapshot
—
Gross yield
0.7%
≈$2K/mo rent
Times sold
1
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleZoningPermit
The paper trail
New constructionbuilt new under a 2021 permit (tax-abated), sold for $1.7M in 2021.
- 2007 21 L&I violationsL&IL&I: 3 failed, 1 passedL&I visit
- 2021 $1.7MSoldInterior Non-Load-Bearing Wall Demo.PermitAddition and/or AlterationPermit
- 2022 AlterationsPermitAddition and/or AlterationsPermitAddition and/or AlterationPermit
- 2023 New construction, addition, GFA changePermitAppeal granted with conditionsZoningFencePermit
Flags: tax-abated — the bill lags real value · 1 zoning/board appeal on record · 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 $15,881/yr under a 10-year tax abatement that steps down every year. In 2035 the assessment-based estimate reaches ~$37,622/yr — a step up of $21,741/yr, 8 assessment years out. Drag the slider.
now: ($2,687,700 assessed − $1,553,181 abated) × 1.3998% ≈ $15,881/yr
2035: $2,687,700 assessed × 1.3998% ≈ $37,622/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
5
Bathrooms
3
Stories
3
Interior
3,360 sqft
livable area
Lot
1,926 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Garage
2 spaces
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
B
assessor's grade
ABCDE
Zoning
RM1
city zoning code
Zoning appeals
1
granted with conditions 2023
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2314 Delancey Pl 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.
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
2314 Delancey Pl sits on the 2300 block of Delancey Pl. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2312 Delancey Pl · 2316 Delancey Pl
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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)