Public Records
Edition
Philadelphia200 block of W Cornwall StJuly 9, 2026

House report

264 W Cornwall St

2 bd · 1 ba · 1 story · 728 sqft · RM1 · built 1920

Owner-occupied · assessed $73K · sold 1×. On the 200 block of W Cornwall St.

Street view of 264 W Cornwall 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 $0/yr reflects a 10-year abatement. It steps up every year and reaches about $1,018/yr in 2035 — $1,018/yr more. Price the full bill, not the current one.

Built 1920: 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.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2035 it can — knocking about $1,400/yr off the full bill.

$881 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.

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.

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
$73K
built 1920
Price / sq ft
$100
block $99 · in line w/ block
Appreciation
+61%
+4%/yr, city 6.5%
In 5 years (~2031)
~$73K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
Gross yield
Times sold
1

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

$0$50K$100KBefore this chart — 2004: Sold $3K 2007: 7 L&I violations2020: 3 L&I violations$73K201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new (tax-abated), sold for $3K in 2004.

  1. 2004 $3KSold
  2. 2007 7 L&I violationsL&I
  3. 2020 3 L&I violationsL&I

Flags: tax-abated — the bill lags real value · $881 back taxes (2016, $18 of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $0/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$1,018/yr — a step up of $1,018/yr, 8 assessment years out. Drag the slider.

2016: ~$631/yr2017: ~$631/yr2018: ~$631/yr2019: ~$514/yr2020: ~$392/yr2021: ~$392/yr2022: ~$392/yr2023: ~$612/yr2024: ~$612/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr2028: ~$127/yr (projected)2029: ~$255/yr (projected)2030: ~$382/yr (projected)2031: ~$509/yr (projected)2032: ~$636/yr (projected)2033: ~$764/yr (projected)2034: ~$891/yr (projected)2035: ~$1,018/yr (projected)2036: ~$1,018/yr (projected)201620352036
2027~$0/yrfrom the record

now: ($72,700 assessed − $72,700 abated) × 1.3998% ≈ $0/yr 2035: $72,700 assessed × 1.3998% ≈ $1,018/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
2
Bathrooms
1
Stories
1
Interior
728 sqft
livable area
Lot
651 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
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 264 W Cornwall 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.

$73K
20%
6.875%
$700/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: 262 W Cornwall St  ·  266 W Cornwall 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)