House report

2442 N Bancroft St

3 bd · 1 ba · 2 stories · 1,048 sqft · RSA5 · built 1915

Investor / LLC · assessed $98K · sold 2×. On the 2400 block of N Bancroft St.

Street view of 2442 N Bancroft St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $20K in 2007, plumbing permit in 2008, sold for $160K in 2021 (+700%).

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 buying

Built 1915: 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 1915: 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.

Who's behind it

Ras40bd LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $295K combined
• Tax bills mail to 1619 W Huntingdon St, Philadelphia PA, 19132
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$98K
built 1915
Price / sq ft
$94
block $71 · above block
Appreciation
+474%
+17%/yr, city 6.5%
In 5 years (~2031)
~$99K
+17%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
1.4% effective
Gross yield
-8154943.9%
≈$-667M/mo rent
Times sold
2
kept in the family

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

$0$100K$200KBefore this chart — 2007: Sold $20K 2008: Plumbing2021: Sold $160K$98K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $20K in 2007, plumbing permit in 2008, sold for $160K in 2021 (+700%).

  1. 2007 $20KSold
  2. 2008 PlumbingPermit
  3. 2021 $160KSold

Flags: active rental license · 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
1
Stories
2
Interior
1,048 sqft
livable area
Lot
713 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Exterior condition
Above average
city code 3
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 2442 N Bancroft 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.

$98K
20%
6.875%
$700/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

2442 N Bancroft St sits on the 2400 block of N Bancroft St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2440 N Bancroft St  ·  2444 N Bancroft 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)