Torn down & rebuilt
Why it mattersdemolished in 2015 and rebuilt (2019), then sold for $120K in 2020.
View supporting records →House report
2412 Nicholas St
Vacant · assessed $68K · sold 2×. On the 2400 block of Nicholas St.
Property summary
Assessment$68KCity assessed value
Last sale$120KRecorded 2020
Est. taxes$952/yearAnnual city record
Permits8Shown in this report
ViolationsNone openNo open L&I cases
What stands out
From the public recordNo interior square footage on file
Why it mattersThe record carries a $68K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.
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 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 record to dig into any number.
Assessed value
$68K
Price / sq ft
—
block $132 ·
Appreciation
+198%
+10%/yr, city 6.5%
In 5 years (~2031)
~$68K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$952
1.4% effective
Gross yield
—
Times sold
2
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleL&I violationPermit
The paper trail
Torn down & rebuiltdemolished in 2015 and rebuilt (2019), then sold for $120K in 2020.
- 2015 DemolishedTeardown
- 2019 $52KSoldZoning/usePermitNew ConstructionPermit
- 2020 New ConstructionPermitAmend for conversionPermit$120KSoldNew ConstructionPermit
- 2021 New Construction or AdditionsPermitNew ConstructionPermitL&I violationL&INew ConstructionPermit
Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).
Where the record looks off
Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.
No interior square footage on file
The record carries a $68K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.
Run the numbers
What owning 2412 Nicholas 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.
When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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.
Block context
2412 Nicholas St sits on the 2400 block of Nicholas St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2410 Nicholas St · 2414 Nicholas St
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
- Back taxes & liens — Real Estate Tax Balances, Dept. of 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
City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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.
First time here?
This is 2412 Nicholas St,
on paper.
Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)