Public Records
Edition
Philadelphia2500 block of N Hancock StRecords pulled July 9, 2026

House report

2531 N Hancock St

4 bd · 2 ba · 3 stories · 1,651 sqft · RSA5 · built 2021

Investor / LLC · assessed $506K. On the 2500 block of N Hancock St.

Street view of 2531 N Hancock 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 $1,415/yr reflects a 10-year abatement. It jumps to about $7,076/yr in 2032 — $5,661/yr more. Price the full bill, not the current one.

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.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you own it

$620 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

Howard Street Holdings LLC · corporate / LLC owner

• Owns 4 properties across Philadelphia under this name, assessed at $2.4M 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
$506K
built 2021
Price / sq ft
$306
block $110 · above block
Appreciation
+18622%
+61%/yr, city 6.5%
In 5 years (~2031)
~$521K
+61%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
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$1.0MBefore this chart — 2008: 2 L&I violations2016: 2 L&I violations2018: 2 L&I violations2019: Appeal granted with conditions 2019: Zoning/use2020: New Construction or Additions2021: New Construction 2021: New Construction 2021: New Construction$506K201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

built new under a 2019 permit (tax-abated).

  1. 2008 2 L&I violationsL&I
  2. 2016 2 L&I violationsL&I
  3. 2018 2 L&I violationsL&I
  4. 2019 Appeal granted with conditionsZoningZoning/usePermit
  5. 2020 New Construction or AdditionsPermit
  6. 2021 New ConstructionPermitNew ConstructionPermitNew ConstructionPermit

Flags: tax-abated — the bill lags real value · active rental license · $620 back taxes (2001–2016, $199 of it interest & penalties, lien filed) · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,415/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$7,076/yr — a step up of $5,661/yr, 5 assessment years out. Drag the slider.

2016: ~$38/yr2017: ~$137/yr2018: ~$137/yr2019: ~$137/yr2020: ~$137/yr2021: ~$137/yr2022: ~$1,827/yr2023: ~$1,260/yr2024: ~$1,260/yr2025: ~$1,386/yr2026: ~$1,386/yr2027: ~$1,415/yr2028: ~$1,415/yr (projected)2029: ~$1,415/yr (projected)2030: ~$1,415/yr (projected)2031: ~$1,415/yr (projected)2032: ~$7,076/yr (projected)2033: ~$7,076/yr (projected)201620322033
2027~$1,415/yrfrom the record

now: ($505,500 assessed − $404,414 abated) × 1.3998% ≈ $1,415/yr 2032: $505,500 assessed × 1.3998% ≈ $7,076/yr Flat 100% exemption (pre-2022 program, started 2022), 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
2
Stories
3
Interior
1,651 sqft
livable area
Lot
714 sqft
Basement
Full, finished
city code A
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
RSA5
city zoning code
Zoning appeals
1
granted with conditions 2019

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

Run the numbers

What owning 2531 N Hancock 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.

$506K
20%
6.875%
$4K/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 (with the abatement toggle above).

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

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)