House report

2417 N Hancock St

3 bd · 3 ba · 3 stories · 1,712 sqft · RSA5 · built 2025

Investor / LLC · assessed $488K · sold 1×. On the 2400 block of N Hancock St.

Street view of 2417 N Hancock St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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 $5,463/yr reflects a 10-year abatement. It steps up every year and reaches about $6,830/yr in 2037 — $1,367/yr more. Price the full bill, not the current one.

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

$2,362 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

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.

Who's behind it

2417 Qoz LLC · corporate / LLC owner

• Tax bills mail to Po Box 56025, Philadelphia PA, 19130
• 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 record to dig into any number.

Assessed value
$488K
built 2025
Price / sq ft
$285
block $152 · above block
Appreciation
+16163%
+59%/yr, city 6.5%
In 5 years (~2031)
~$502K
+59%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.12% effective, abated
Gross yield
1.9%
≈$769/mo rent
Times sold
1
licensed rental

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

$0$250K$500K2023: L&I violation 2023: L&I: 1 failed, 1 passed2024: L&I violation 2024: Inspection failed ×2 2024: New Construction2025: Excavation 2025: New Construction or Additions 2025: New Construction 2025: New Construction 2025: New Construction or Additions 2025: New Construction or Additions 2025: New Construction$488K201620222027
This houseBlock median & rangeL&I violationPermit

The paper trail

built new under a 2024 permit (tax-abated).

  1. 2023 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  2. 2024 L&I violationL&IInspection failed ×2L&I visitNew ConstructionPermit
  3. 2025 ExcavationPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermitNew ConstructionPermit

Flags: tax-abated — the bill lags real value · active rental license · $2K back taxes (1997–2016, $783 of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $5,463/yr under a 10-year tax abatement that steps down every year. In 2037 the bill reaches its full ~$6,830/yr — a step up of $1,367/yr, 10 assessment years out. Drag the slider.

2016: ~$42/yr2017: ~$125/yr2018: ~$125/yr2019: ~$125/yr2020: ~$125/yr2021: ~$125/yr2022: ~$125/yr2023: ~$802/yr2024: ~$802/yr2025: ~$799/yr2026: ~$799/yr2027: ~$5,463/yr2028: ~$5,600/yr (projected)2029: ~$5,736/yr (projected)2030: ~$5,873/yr (projected)2031: ~$6,010/yr (projected)2032: ~$6,147/yr (projected)2033: ~$6,283/yr (projected)2034: ~$6,420/yr (projected)2035: ~$6,557/yr (projected)2036: ~$6,693/yr (projected)2037: ~$6,830/yr (projected)2038: ~$6,830/yr (projected)201620372038
2027~$5,463/yrfrom the record

now: ($487,900 assessed − $97,630 abated) × 1.3998% ≈ $5,463/yr 2037: $487,900 assessed × 1.3998% ≈ $6,830/yr The abated slice shrinks ~10% a year (post-2022 program, started 2027) — 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
3
Bathrooms
3
Stories
3
Interior
1,712 sqft
livable area
Lot
675 sqft
Basement
Full, finished
city code A
Heat
Heat pump
city code D
Central air
No
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
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 2417 N Hancock 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.

$488K
20%
6.875%
$775/mo

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

2417 N Hancock St sits on the 2400 block of N Hancock St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2415 N Hancock St  ·  2419 N Hancock St

Where this comes from

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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)