Public Records
Edition
Philadelphia200 block of N Philip WayJuly 9, 2026

House report

253 Philip Way

3 bd · 4 ba · 3 stories · 3,202 sqft · CMX3 · built 2025

Investor / LLC · assessed $1.5M. On the 200 block of N Philip Way.

Street view of 253 Philip Way
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

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 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.

Who's behind it

244 North 2nd Street Ocf LLC · corporate / LLC owner

• Owns 6 properties across Philadelphia under this name, assessed at $7.8M combined

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 analyst below to dig into any number.

Assessed value
$1.5M
built 2025
Price / sq ft
$475
block $475 · in line w/ block
Appreciation
+100%
+41%/yr, city 6.5%
In 5 years (~2031)
~$1.6M
+41%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$21K
1.4% effective
Gross yield
Times sold
0

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

$0$1.0M$2.0MBefore this chart — 2021: New Construction 2022: New Construction or Additions 2023: New Construction 2023: New Construction 2023: New Construction$1.5M202520262027
This houseBlock median & rangePermit
The paper trail

built new under a 2021 permit.

  1. 2021 New ConstructionPermit
  2. 2022 New Construction or AdditionsPermit
  3. 2023 New ConstructionPermitNew ConstructionPermitNew ConstructionPermit

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
4
Stories
3
Interior
3,202 sqft
livable area
Lot
936 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
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 253 Philip Way 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.

$1.5M
20%
6.875%
$11K/mo
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.

Next door: 249 Philip Way  ·  245 Philip Way

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. 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)