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

House report

2545 N Front St

5 bd · 3 stories · 3,135 sqft · RM1 · built 2019

Investor / LLC · assessed $790K · sold 2×. On the 2500 block of N Front St.

Street view of 2545 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 $2,213/yr reflects a 10-year abatement. It steps up every year and reaches about $11,064/yr in 2035 — $8,851/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. 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

$41 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place — 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

2547 Front Street Holding · corporate / LLC owner

• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$790K
built 2019
Price / sq ft
$252
block $141 · above block
Appreciation
+19660%
+62%/yr, city 6.5%
In 5 years (~2031)
~$815K
+62%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$500K$1.0M2016: Land $11K2017: Land $120K 2017: Zoning/use 2017: New construction2018: Suppression 2018: Plumbing 2018: Mechanical 2018: Electrical 2018: Plumbing$790K201620222027
This houseBlock median & rangeLand buyPermit
The paper trail

Bought for $11K in 2016, built new under a 2017 permit (tax-abated).

  1. 2016 $11KLand buy
  2. 2017 $120KLand buyZoning/usePermitNew constructionPermit
  3. 2018 SuppressionPermitPlumbingPermitMechanicalPermitElectricalPermitPlumbingPermit

Flags: tax-abated — the bill lags real value · active rental license · $41 back taxes (2016, $1 of it interest & penalties) · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $2,213/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$11,064/yr — a step up of $8,851/yr, 8 assessment years out. Drag the slider.

2016: ~$33/yr2017: ~$137/yr2018: ~$137/yr2019: ~$137/yr2020: ~$137/yr2021: ~$137/yr2022: ~$137/yr2023: ~$775/yr2024: ~$775/yr2025: ~$2,452/yr2026: ~$2,452/yr2027: ~$2,213/yr2028: ~$3,319/yr (projected)2029: ~$4,426/yr (projected)2030: ~$5,532/yr (projected)2031: ~$6,639/yr (projected)2032: ~$7,745/yr (projected)2033: ~$8,851/yr (projected)2034: ~$9,958/yr (projected)2035: ~$11,064/yr (projected)2036: ~$11,064/yr (projected)201620352036
2027~$2,213/yrfrom the record

now: ($790,400 assessed − $632,306 abated) × 1.3998% ≈ $2,213/yr 2035: $790,400 assessed × 1.3998% ≈ $11,064/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
3,135 sqft
livable area
Lot
1,120 sqft
Basement
Full, finished
city code A
Heat
Hot water / radiators
city code B
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 2545 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.

$790K
20%
6.875%
$6K/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: 2543 N Front St  ·  2547 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)