The Block Report

House report

2433 Carpenter St

3 bd · 2 ba · 2 stories · 1,248 sqft · RSA5 · built 1925

Owner-occupied · assessed $487K · sold 3×. On the 2400 block of Carpenter St.

Property summary

Assessment$487KCity assessed value Last sale$551KRecorded 2021 Est. annual tax$7K/yearAssessment × 1.3998% Tax delinquency—Snapshot unavailable Permits3Dated events in report Violations1Open when report assembled

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 2433 Carpenter St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $390K in 2014, major alteration permit in 2014, sold for $551K in 2021 (+401%).

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagRecords to verify together

More than one separately dated public record deserves a current-status check.

Evidence: 1 open L&I violation · failed L&I inspection activity in 2023

Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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

Built 1925: 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 own it

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

1 open violation: 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 record to dig into any number.

Assessed value
$487K
built 1925
Price / sq ft
$390
block $355 · above block
Appreciation
+42%
+3%/yr, city 6.5%
In 5 years (~2031)
~$487K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$7K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
2.9%
≈$1K/mo rent
Times sold
3
kept in the family

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

$0$500K$1.0MBefore this chart — 2014: Major alteration 2014: Sold $390K 2014: Inspection passed 2014: Plumbing2016: 2 L&I violations 2016: L&I: 5 failed, 1 passed2017: 5 L&I violations 2017: L&I: 1 failed, 1 passed2020: Addition and/or Alteration2021: Sold $551K2023: L&I violation 2023: Inspection failed$487K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

Renovated & sold on

Bought for $390K in 2014, major alteration permit in 2014, sold for $551K in 2021 (+401%).

  1. 2014 Major alterationPermit$390KSoldInspection passedL&I visitPlumbingPermit
  2. 2016 2 L&I violationsL&IL&I: 5 failed, 1 passedL&I visit
  3. 2017 5 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit
  4. 2020 Addition and/or AlterationPermit
  5. 2021 $551KSold
  6. 2023 L&I violationL&IInspection failedL&I visit

Flags: 1 open L&I violation · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
3
Bathrooms
2
Stories
2
Interior
1,248 sqft
livable area
Lot
1,056 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
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 2433 Carpenter St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$487K
20%
6.875%
$1K/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.

Block context

2433 Carpenter St sits on the 2400 block of Carpenter St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2431 Carpenter St  ·  2435 Carpenter St

Where this comes from
Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)