Public Records
Edition
Philadelphia2700 block of Red Lion RdJuly 9, 2026

House report

2770 Red Lion Rd

85,378 sqft · I1 · built 1970

Absentee individual · assessed $15M · sold 1×. On the 2700 block of Red Lion Rd.

Street view of 2770 Red Lion Rd
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 jumps to about $212,592/yr by 2026 — $212,592/yr more. Price the full bill, not the current one.

Built 1970: 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’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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
$15M
built 1970
Price / sq ft
$178
block $155 · above block
Appreciation
+7%
+1%/yr, city 6.5%
In 5 years (~2031)
~$15M
+1%/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$25M$50MBefore this chart — 2008: Sold $598K2021: Sign 2021: Roof Covering Replacement2024: Addition and/or Alteration 2024: Temporary Tents and Canopies 2024: Alterations 2024: Addition and/or Alteration 2024: Addition and/or Alterations 2024: Addition and/or Alterations$15M201620222027
This houseBlock median & rangePermit
The paper trail

built new under a 2021 permit (tax-abated), sold for $598K in 2008.

  1. 2008 $598KSold
  2. 2021 SignPermitRoof Covering ReplacementPermit
  3. 2024 Addition and/or AlterationPermitTemporary Tents and CanopiesPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationsPermit

Flags: tax-abated — the bill lags real value. 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. By 2026 the bill reaches its full ~$212,592/yr — a step up of $212,592/yr. Drag the slider.

2016: ~$0/yr2017: ~$0/yr2018: ~$0/yr2019: ~$0/yr2020: ~$0/yr2021: ~$0/yr2022: ~$0/yr2023: ~$0/yr2024: ~$0/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr201620262027
2027~$0/yrfrom the record

now: ($15,187,300 assessed − $15,187,300 abated) × 1.3998% ≈ $0/yr 2026: $15,187,300 assessed × 1.3998% ≈ $212,592/yr Flat 100% exemption (pre-2022 program, started 2016), 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.

Interior
85,378 sqft
livable area
Lot
270,364 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B
assessor's grade
Zoning
I1
city zoning code

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

Run the numbers

What owning 2770 Red Lion Rd 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.

$15M
20%
6.875%
$109K/mo

When this house last sold (2008) a 30-year mortgage ran about 6.03% — 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 (with the abatement toggle above).

Next door: 2760 Red Lion Rd  ·  2750 Red Lion Rd

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)