The Block Report

House report

2512 Frankford Ave

2 bd · 1 ba · 1 story · 1,018 sqft · CMX2 · built 1875

Absentee individual · assessed $361K. On the 2500 block of Frankford Ave.

Street view of 2512 Frankford Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$361KCity assessed value Last sale$333KRecorded 2022 Est. annual tax$1K/yearAssessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits—Record unavailable 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 $1,188/yr reflects a 10-year abatement. It jumps to about $5,056/yr in 2029 — $3,868/yr more. Price the full bill, not the current one.

Built 1875: 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.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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
$361K
built 1875
Price / sq ft
$355
block $224 · above block
Appreciation
+29%
+3%/yr, city 6.5%
In 5 years (~2031)
~$362K
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.33% effective, abated
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
-2214839.4%
≈$-667M/mo rent
Times sold
0

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

$0$250K$500K$361K201620222027
This houseBlock median & range

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 $1,188/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$5,056/yr — a step up of $3,868/yr, 2 assessment years out. Drag the slider.

2019: ~$1,081/yr2020: ~$1,123/yr2021: ~$1,123/yr2022: ~$1,123/yr2023: ~$1,153/yr2024: ~$1,153/yr2025: ~$1,335/yr2026: ~$1,335/yr2027: ~$1,188/yr2028: ~$1,188/yr (projected)2029: ~$5,056/yr (projected)2030: ~$5,056/yr (projected)201920292030
2027~$1,188/yrfrom the record

now: ($361,200 assessed − $276,331 abated) × 1.3998% ≈ $1,188/yr 2029: $361,200 assessed × 1.3998% ≈ $5,056/yr Flat 100% exemption (pre-2022 program, started 2019), 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
2
Bathrooms
1
Stories
1
Interior
1,018 sqft
livable area
Lot
1 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B
assessor's grade
Zoning
CMX2
city zoning code

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

Run the numbers

What owning 2512 Frankford Ave 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.

$361K
20%
6.875%
$700/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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

2512 Frankford Ave sits on the 2500 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2512 Frankford Ave  ·  2512 Frankford Ave

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)