Public Records
Edition
Philadelphia2700 block of Commerce WayJuly 9, 2026

House report

2708 Commerce Way

2 stories · 57,800 sqft · I1 · built 1925

Owner-occupied · assessed $3.0M · sold 1×. On the 2700 block of Commerce Way.

Street view of 2708 Commerce Way
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

Built 1925: 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.

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

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

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
$3.0M
built 1925
Price / sq ft
$53
block $92 · below block
Appreciation
+5%
+0%/yr, city 6.5%
In 5 years (~2031)
~$3.0M
+0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$43K
1.4% effective
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$10M$20MBefore this chart — 2011: 6 L&I violations 2014: L&I violation2021: Appeal withdrawn2023: Sold $3.5M 2023: Appeal withdrawn2024: Appeal granted with conditions2025: Addition and/or Alteration 2025: Alterations 2025: Addition and/or Alteration 2025: Addition and/or Alterations2026: Addition and/or Alteration 2026: Addition and/or Alteration$3.0M201620222027
This houseBlock median & rangeSaleZoningPermit
The paper trail

Bought for $3.5M in 2023. Owner pulled a addition and/or alteration permit in 2026.

  1. 2011 6 L&I violationsL&I
  2. 2014 L&I violationL&I
  3. 2021 Appeal withdrawnZoning
  4. 2023 $3.5MSoldAppeal withdrawnZoning
  5. 2024 Appeal granted with conditionsZoning
  6. 2025 Addition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermit
  7. 2026 Addition and/or AlterationPermitAddition and/or AlterationPermit

Flags: 4 zoning/board appeals on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
2
Interior
57,800 sqft
livable area
Lot
91,253 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B
assessor's grade
Zoning
I1
city zoning code
Zoning appeals
4
granted with conditions 2024

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

Run the numbers

What owning 2708 Commerce Way 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.

$3.5M
20%
6.875%
$22K/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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.

Next door: 2710 Commerce Way  ·  2722 Commerce Way

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)