The Block ReportBlockReport

House report

2426 S American St

3 bd · 1 ba · 2 stories · 972 sqft · RSA5 · built 1920

Absentee individual · assessed $200K · sold 1×. On the 2400 block of S American St.

Street view of 2426 S American St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$200KCity assessed value Last sale$12KRecorded 2001 Est. taxes$970/yearAnnual city record Permits0Shown in this report ViolationsNone openNo open L&I cases

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 $970/yr reflects a 10-year abatement. It jumps to about $2,794/yr by 2026 — $1,824/yr more. Price the full bill, not the current one.

Built 1920: 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’re the landlord

Lead certificate is not optional

Built 1920: 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.

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
$200K
built 1920
Price / sq ft
$205
block $205 · in line w/ block
Appreciation
+69%
+5%/yr, city 6.5%
In 5 years (~2031)
~$200K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$970
0.49% effective, abated
Gross yield
9.9%
≈$2K/mo rent
Times sold
1
licensed rental

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

$0$125K$250KBefore this chart — 2001: Sold $12K2022: 7 L&I violations 2022: L&I: 2 failed, 1 passed2026: L&I violation$200K201620222027
This houseBlock median & rangeL&I violationPermit

The paper trail

New construction

built new (tax-abated), sold for $12K in 2001.

  1. 2001 $12KSold
  2. 2022 7 L&I violationsL&IL&I: 2 failed, 1 passedL&I visit
  3. 2026 L&I violationL&I

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 $970/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$2,794/yr — a step up of $1,824/yr. Drag the slider.

2016: ~$970/yr2017: ~$970/yr2018: ~$970/yr2019: ~$970/yr2020: ~$970/yr2021: ~$970/yr2022: ~$970/yr2023: ~$970/yr2024: ~$970/yr2025: ~$970/yr2026: ~$970/yr2027: ~$970/yr201620262027
2027~$970/yrfrom the record

now: ($199,600 assessed − $130,304 abated) × 1.3998% ≈ $970/yr 2026: $199,600 assessed × 1.3998% ≈ $2,794/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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
972 sqft
livable area
Lot
687 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
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 2426 S American 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.

$200K
20%
6.875%
$2K/mo

When this house last sold (2001) a 30-year mortgage ran about 6.97% — 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

2426 S American St sits on the 2400 block of S American St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2424 S American St  ·  2428 S American 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)