The Block Report

House report

2328 Mountain St

3 bd · 1 ba · 2 stories · 1,044 sqft · RSA5 · built 1925

Investor / LLC · assessed $161K (2026) · 2027 OPA assessment $177K · sold 2×. On the 2300 block of Mountain St.

Property summary

Assessment$160,8002026 OPA assessment · 2027: $176,800 Last sale$86KRecorded 2024 Est. tax bill$2,251/year2026 taxable assessment × 1.3998% Tax delinquency$623City snapshot · Jun 2022 Permits6Every fetched City permit Violations0 openNo historical match in fetched records

“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 2328 Mountain St
From the street — imagery © Google
From above — imagery © Esri, Maxar

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$2,251/year

2026 taxable assessment $160,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $176,800; 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 364079800
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources Record found

$622.64 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2021. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

$426.59 principal$22.40 interest$25.60 penalty$148.05 other charges
1year recorded 2021tax period 2020-01-28last payment in snapshot Yesactionable flag Nopayment agreement Nobankruptcy flag Nosheriff-sale flag Noassessment appeal

The snapshot’s 2022 context used $71,500 total assessment, $71,500 taxable, and $0 exempt/abated. Those historical fields can differ from today’s OPA exemption status.

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

Renovated & sold on

Why it matters

Bought for $140K in 2024, interior non-load-bearing wall demo. permit in 2024, sold for $315K in 2025 (+126%).

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

Built 1925: 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

$623 in the June 2022 delinquency snapshot

The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia 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

Hoffman Street Finance LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $533K combined
• Tax bills mail to Po Box 511, Wynnewood PA, 19096 — outside Philadelphia

PA corporate registry ↗OpenCorporates ↗City record ↗

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
$160,800
2026 billed-year assessment · 2027: $176,800 · built 1925
Price / sq ft
$169
block $169 · in line w/ block
Appreciation
+161%
+10%/yr, city 6.5%
In 5 years (~2031)
~$178K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$2,251
1.27% effective
Jun 2022 tax snapshot
$623
recorded then · verify current
Gross yield
-4524886.9%
≈$-667M/mo rent
Times sold
2

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

$0$250K$500K2016 OPA assessment: $62K2017 OPA assessment: $62K2018 OPA assessment: $62K2019 OPA assessment: $67K2020 OPA assessment: $72K2021 OPA assessment: $72K2022 OPA assessment: $72K2023 OPA assessment: $140K2024 OPA assessment: $140K2025 OPA assessment: $161K2026 OPA assessment: $161K2007 — 2007-11-26: Plumbing2022 — 2022-06-24: Vacant Residential Property / Lot2024 — Deed / sale $140K · 2024-08-30: Interior Non-Load-Bearing Wall Demo. · 2024-12-06: Addition and/or Alteration2025 — Deed / sale $315K · 2025-01-13: Addition and/or Alterations · 2025-01-13: Addition and/or Alteration · 2025-01-24: Alterations$161K200720112015201920232026
This propertyBlock median & rangeDeed / salePermitLicense
2025-01-24: Alterations
Highlight
Every dated record9 events · scroll to browse
  1. PermitAlterations
  2. PermitAddition and/or Alterations
  3. PermitAddition and/or Alteration
  4. Deed / saleDeed / sale $315K
  5. PermitAddition and/or Alteration
  6. PermitInterior Non-Load-Bearing Wall Demo.
  7. Deed / saleDeed / sale $140K
  8. LicenseVacant Residential Property / Lot
  9. PermitPlumbing

The paper trail

Renovated & sold on

Bought for $140K in 2024, interior non-load-bearing wall demo. permit in 2024, sold for $315K in 2025 (+126%).

  1. 2007 PlumbingPermit
  2. 2024 $140KSoldInterior Non-Load-Bearing Wall Demo.PermitAddition and/or AlterationPermit
  3. 2025 Addition and/or AlterationsPermitAddition and/or AlterationPermitAlterationsPermit$315KSold

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 10 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. PermitAlterations

    Permit PP-2024-016626 · Completed

    Plumbing Permit (Interior) for combo RP-2024-012505

  2. PermitAddition and/or Alterations

    Permit MP-2024-005607 · Completed

    Mechanical / Fuel Gas Permit for combo RP-2024-012505

  3. PermitAddition and/or Alteration

    Permit EP-2025-000315 · Completed

    Install 200 amp service, wiring throughout, install light fixtures, outlets, switches, smoke detectors, grounding.

  4. Recorded transfer$315K transfer

    2025

  5. PermitAddition and/or Alteration

    Permit RP-2024-012505 · Completed

    For alterations to an Existing One Family Dwelling as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans. Separate permits are required for plumbing and electrical work and the installation of heating/cooling appliances. STRUCTURAL ALTERATION OR REPAIR IS EXPRESSLY PROHIBITED UNDER THIS PERMIT. PROHIBITED STRUCTURAL WORK INCLUDES ANY MODIFICATION TO EXTERIOR WALLS, PARTY WALLS, FLOOR/ROOF FRAMING OR FOUNDATIONS; INCLUDING UNDERPINNING, EXCAVATION, AND REMOVAL OF FOUNDATION SLAB.NO WORK MAY BE PERFORMED IN THE BASEMENT OR CELLAR.

  6. PermitInterior Non-Load-Bearing Wall Demo.

    Permit GM-2024-007148 · Completed

    EZ INTERIOR NON-LOAD-BEARING WALL DEMOLITION - For the interior demolition on NON-Load-Bearing partition walls and ceilings as per attached standard. Deviations from these standards require submission of construction and site plans

  7. Recorded transfer$140K transfer

    2024

  8. LicenseVacant Residential Property / Lot

    License 899224 · Inactive

    Wells Fargo Bank, N.A. · Expires 2023-06-23 · Inactive 2023-08-22

  9. LicenseVacant Residential Property / Lot

    License 892795 · Closed

    Wells Fargo Bank · Expires 2025-04-23

  10. PermitPlumbing

    Permit 117603 · COMPLETED

    REPLACE WATER SERVICE AND SUPPLY 3/4" K COPPER

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: $623 recorded in the June 2022 delinquency snapshot — verify current balance. Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

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

Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,044 sqft
livable area
Lot
667 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
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 2328 Mountain 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.

$86K
20%
6.875%
$700/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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 use this parcel's taxable assessment, not a live Tax Center balance.

Block context

2328 Mountain St sits on the 2300 block of Mountain St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2326 Mountain St  ·  2330 Mountain St

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 3:54 AM 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)