Public Records
Edition
Philadelphia2400 block of S Broad StJuly 9, 2026

House report

2407 S Broad St

4,827 sqft · CMX2.5 · built 1911

Owner-occupied · assessed $1.9M · sold 1×. On the 2400 block of S Broad St.

Street view of 2407 S Broad 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 $0/yr reflects a 10-year abatement. It jumps to about $26,263/yr by 2026 — $26,263/yr more. Price the full bill, not the current one.

Built 1911: 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 2026 it can — knocking about $1,400/yr off the full bill.

3 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.

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
$1.9M
built 1911
Price / sq ft
$389
block $160 · above block
Appreciation
+7%
+1%/yr, city 6.5%
In 5 years (~2031)
~$1.9M
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
—
Gross yield
—
Times sold
1

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

$0$1.0M$2.0MBefore this chart — 2012: Appeal granted 2012: Sold $1.7M 2012: Plumbing 2012: Major alteration 2012: Suppression 2012: Electrical 2012: Mechanical 2013: Plumbing2021: Addition and/or Alterations2023: Alterations2026: 3 L&I violations$1.9M201620222027
This houseBlock median & rangeL&I violationPermit
The paper trailNew construction

built new under a 2012 permit (tax-abated), sold for $1.7M in 2012.

  1. 2012 Appeal grantedZoning$1.7MSoldPlumbingPermitMajor alterationPermitSuppressionPermitElectricalPermitMechanicalPermit
  2. 2013 PlumbingPermit
  3. 2021 Addition and/or AlterationsPermit
  4. 2023 AlterationsPermit
  5. 2026 3 L&I violationsL&I

Flags: tax-abated — the bill lags real value · 3 open L&I violations · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $0/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$26,263/yr — a step up of $26,263/yr. Drag the slider.

2016: ~$0/yr2017: ~$0/yr2018: ~$0/yr2019: ~$0/yr2020: ~$0/yr2021: ~$0/yr2022: ~$0/yr2023: ~$0/yr2024: ~$0/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr201620262027
2027~$0/yrfrom the record

now: ($1,876,200 assessed − $1,876,200 abated) × 1.3998% ≈ $0/yr 2026: $1,876,200 assessed × 1.3998% ≈ $26,263/yr Flat 100% exemption (pre-2022 program, started 2016), 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.

Interior
4,827 sqft
livable area
Lot
6,873 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B+
assessor's grade
Zoning
CMX2.5
city zoning code
Zoning appeals
1
granted 2012

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

Run the numbers

What owning 2407 S Broad 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.

$1.9M
20%
6.875%
$14K/mo

When this house last sold (2012) a 30-year mortgage ran about 3.66% — 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: 2405 S Broad St  ·  2403 S Broad 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)