Public Records
Edition
Philadelphia2500 block of N Front StJuly 9, 2026

House report

2531 N Front St

5 bd · 3 stories · 2,265 sqft · RM1 · built 2021

Investor / LLC · assessed $696K. On the 2500 block of N Front St.

Street view of 2531 N Front St
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 buying

The tax bill is temporary

Today's $1,947/yr reflects a 10-year abatement. It steps up every year and reaches about $9,736/yr in 2033 — $7,789/yr more. Price the full bill, not the current one.

If you own it

$7,482 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

If you’re the landlord

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

Golden Rule LLC · corporate / LLC owner

• Owns 34 properties across Philadelphia under this name, assessed at $21M combined
• Holds an active rental license for this address

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
$696K
built 2021
Price / sq ft
$307
block $141 · above block
Appreciation
+17288%
+60%/yr, city 6.5%
In 5 years (~2031)
~$717K
+60%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Gross yield
Times sold
0
licensed rental

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

$0$500K$1.0M2018: Zoning/use2019: New Construction2020: New Construction 2020: New Construction 2020: New Construction or Additions 2020: New Construction2021: Rough-In 2021: New Construction 2021: L&I violation$696K201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new under a 2018 permit (tax-abated).

  1. 2018 Zoning/usePermit
  2. 2019 New ConstructionPermit
  3. 2020 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermit
  4. 2021 Rough-InPermitNew ConstructionPermitL&I violationL&I

Flags: tax-abated — the bill lags real value · active rental license · $7K back taxes (1978–2016, $4K of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,947/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$9,736/yr — a step up of $7,789/yr, 6 assessment years out. Drag the slider.

2016: ~$56/yr2017: ~$137/yr2018: ~$137/yr2019: ~$137/yr2020: ~$137/yr2021: ~$137/yr2022: ~$137/yr2023: ~$1,400/yr2024: ~$1,400/yr2025: ~$1,400/yr2026: ~$1,400/yr2027: ~$1,947/yr2028: ~$3,245/yr (projected)2029: ~$4,543/yr (projected)2030: ~$5,842/yr (projected)2031: ~$7,140/yr (projected)2032: ~$8,438/yr (projected)2033: ~$9,736/yr (projected)2034: ~$9,736/yr (projected)201620332034
2027~$1,947/yrfrom the record

now: ($695,500 assessed − $556,409 abated) × 1.3998% ≈ $1,947/yr 2033: $695,500 assessed × 1.3998% ≈ $9,736/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
5
Stories
3
Interior
2,265 sqft
livable area
Lot
1,120 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RM1
city zoning code

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

Run the numbers

What owning 2531 N Front 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.

$696K
20%
6.875%
$5K/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).

Next door: 2529 N Front St  ·  2533 N Front St

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)