Public Records
Edition
Philadelphia2300 block of N Front StJuly 9, 2026

House report

2331 N Front St

3 stories · 3,378 sqft · CMX2.5 · built 1875

Investor / LLC · assessed $466K · sold 2×. On the 2300 block of N Front St.

Street view of 2331 N Front 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 $3,271/yr reflects a 10-year abatement. It steps up every year and reaches about $6,524/yr in 2036 — $3,253/yr more. Price the full bill, not the current one.

Built 1875: 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’re the landlord

Lead certificate is not optional

Built 1875: 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.

Who's behind it

American Red Crescent Services LLC · corporate / LLC owner

• Holds an active rental license for this address

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
$466K
built 1875
Price / sq ft
$138
block $125 · above block
Appreciation
+366%
+15%/yr, city 6.5%
In 5 years (~2031)
~$470K
+15%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.7% effective, abated
Gross yield
Times sold
2
licensed rental

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

$0$250K$500K2024: Sold $215K 2024: 5 L&I violations 2024: Addition and/or Alterations 2024: Addition and/or Alteration 2024: Addition and/or Alteration 2024: Change of Use 2024: Addition and/or Alteration2025: Addition and/or Alterations 2025: Alterations 2025: Addition and/or Alteration 2025: Sold $709K$466K201620222027
This houseBlock median & rangeSale
The paper trail

Bought for $215K in 2024, built new under a 2024 permit (tax-abated), sold for $709K in 2025.

  1. 2024 $215KSold5 L&I violationsL&IAddition and/or AlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationPermitChange of UsePermitAddition and/or AlterationPermit
  2. 2025 Addition and/or AlterationsPermitAlterationsPermitAddition and/or AlterationPermit$709KSold

Flags: tax-abated — the bill lags real value · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $3,271/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$6,524/yr — a step up of $3,253/yr, 9 assessment years out. Drag the slider.

2016: ~$1,400/yr2017: ~$1,400/yr2018: ~$2,342/yr2019: ~$2,342/yr2020: ~$2,364/yr2021: ~$2,364/yr2022: ~$2,364/yr2023: ~$2,423/yr2024: ~$2,423/yr2025: ~$3,003/yr2026: ~$3,003/yr2027: ~$3,271/yr2028: ~$3,632/yr (projected)2029: ~$3,994/yr (projected)2030: ~$4,355/yr (projected)2031: ~$4,717/yr (projected)2032: ~$5,078/yr (projected)2033: ~$5,440/yr (projected)2034: ~$5,801/yr (projected)2035: ~$6,163/yr (projected)2036: ~$6,524/yr (projected)2037: ~$6,524/yr (projected)201620362037
2027~$3,271/yrfrom the record

now: ($466,100 assessed − $232,424 abated) × 1.3998% ≈ $3,271/yr 2036: $466,100 assessed × 1.3998% ≈ $6,524/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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.

Stories
3
Interior
3,378 sqft
livable area
Lot
1,493 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
CMX2.5
city zoning code

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

Run the numbers

What owning 2331 N Front 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.

$709K
20%
6.875%
$3K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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: 2329 N Front St  ·  2333 N Front 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)