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

House report

2549 N Chadwick St

3 bd · 1 ba · 2 stories · 1,052 sqft · RSA5 · built 1915

Investor / LLC · assessed $135K · sold 1×. On the 2500 block of N Chadwick St.

Street view of 2549 N Chadwick 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 $708/yr reflects a 10-year abatement. It steps up every year and reaches about $1,887/yr in 2033 — $1,179/yr more. Price the full bill, not the current one.

Built 1915: 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.

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, 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

$1,243 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

Lead certificate is not optional

Built 1915: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

Philadelphia Lotus 6 LLC · 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
$135K
built 1915
Price / sq ft
$128
block $71 · above block
Appreciation
+781%
+22%/yr, city 6.5%
In 5 years (~2031)
~$136K
+22%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$708
0.53% effective, abated
Gross yield
Times sold
1
kept in the family

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

$0$100K$200KBefore this chart — 2007: Sold $10K 2009: L&I violation 2010: 3 L&I violations 2012: 13 L&I violations2017: 16 L&I violations2019: Alteration 2019: Plumbing 2019: Electrical 2019: Mechanical 2019: Plumbing$135K201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new under a 2019 permit (tax-abated), sold for $10K in 2007.

  1. 2007 $10KSold
  2. 2009 L&I violationL&I
  3. 2010 3 L&I violationsL&I
  4. 2012 13 L&I violationsL&I
  5. 2017 16 L&I violationsL&I
  6. 2019 AlterationPermitPlumbingPermitElectricalPermitMechanicalPermitPlumbingPermit

Flags: tax-abated — the bill lags real value · active rental license · $1K back taxes (2014–2016, $110 of it interest & penalties, lien filed) · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $708/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$1,887/yr — a step up of $1,179/yr, 6 assessment years out. Drag the slider.

2016: ~$214/yr2017: ~$214/yr2018: ~$214/yr2019: ~$587/yr2020: ~$606/yr2021: ~$606/yr2022: ~$606/yr2023: ~$436/yr2024: ~$436/yr2025: ~$760/yr2026: ~$760/yr2027: ~$708/yr2028: ~$905/yr (projected)2029: ~$1,101/yr (projected)2030: ~$1,298/yr (projected)2031: ~$1,494/yr (projected)2032: ~$1,691/yr (projected)2033: ~$1,887/yr (projected)2034: ~$1,887/yr (projected)201620332034
2027~$708/yrfrom the record

now: ($134,800 assessed − $84,221 abated) × 1.3998% ≈ $708/yr 2033: $134,800 assessed × 1.3998% ≈ $1,887/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
3
Bathrooms
1
Stories
2
Interior
1,052 sqft
livable area
Lot
725 sqft
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 2549 N Chadwick 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.

$135K
20%
6.875%
$975/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: 2547 N Chadwick St  ·  2551 N Chadwick 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)