House report

249 S 24th St

4 bd · 4 ba · 3 stories · 5,120 sqft · CMX3 · built 2018

Owner-occupied · assessed $3.3M · sold 1×. On the 200 block of S 24th St.

Street view of 249 S 24th 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 $9,174/yr reflects a 10-year abatement. It jumps to about $45,873/yr in 2030 — $36,699/yr more. Price the full bill, not the current one.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2030 it can — knocking about $1,400/yr off the full bill.

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
$3.3M
built 2018
Price / sq ft
$640
block $484 · above block
Appreciation
+35%
+4%/yr, city 6.5%
In 5 years (~2031)
~$3.3M
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$9K
0.28% effective, abated
Gross yield
0.9%
≈$2K/mo rent
Times sold
1

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

$0$2.5M$5.0M2018: Sold $2.6M$3.3M201620222027
This houseBlock median & rangeSale

The paper trail

built new (tax-abated), sold for $2.6M in 2018.

  1. 2018 $2.6MSold

Flags: tax-abated — the bill lags real value. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $9,174/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$45,873/yr — a step up of $36,699/yr, 3 assessment years out. Drag the slider.

2020: ~$9,873/yr2021: ~$9,873/yr2022: ~$9,873/yr2023: ~$7,813/yr2024: ~$7,813/yr2025: ~$9,175/yr2026: ~$9,175/yr2027: ~$9,174/yr2028: ~$9,174/yr (projected)2029: ~$9,174/yr (projected)2030: ~$45,873/yr (projected)2031: ~$45,873/yr (projected)202020302031
2027~$9,174/yrfrom the record

now: ($3,277,100 assessed − $2,621,721 abated) × 1.3998% ≈ $9,174/yr 2030: $3,277,100 assessed × 1.3998% ≈ $45,873/yr Flat 100% exemption (pre-2022 program, started 2020), 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
4
Bathrooms
4
Stories
3
Interior
5,120 sqft
livable area
Lot
1,300 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
2 spaces
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
CMX3
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 249 S 24th 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.

$3.3M
20%
6.875%
$2K/mo

When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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

249 S 24th St sits on the 200 block of S 24th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 249 S 24th St  ·  249 S 24th 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)