House report

2933 Frankford Ave

1 story · 1,320 sqft · CMX2 · built 2001

Investor / LLC · assessed $25K. On the 2900 block of Frankford Ave.

Street view of 2933 Frankford Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Assessment and sale price disagree hard

Why it matters

Assessed at $25K, but it traded for $350,000 in 2024 — a 14.2× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

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 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

Kings Highway Apts LLC · corporate / LLC owner

• Owns 24 properties across Philadelphia under this name, assessed at $738K combined
• Tax bills mail to 9450 Sw Gemini Dr, Beaverton OR — outside Philadelphia
• Holds an active rental license for this address

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 record to dig into any number.

Assessed value
$25K
built 2001
Price / sq ft
$19
block $66 · below block
Appreciation
+9%
+1%/yr, city 6.5%
In 5 years (~2031)
~$25K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$344
1.4% effective
Gross yield
-32520325.2%
≈$-667M/mo rent
Times sold
0
licensed rental

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

$0$125K$250K$25K201620222027
This houseBlock median & range

Flags: active rental license. 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
1
Interior
1,320 sqft
livable area
Lot
2,416 sqft
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
CMX2
city zoning code

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

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Assessment and sale price disagree hard

Assessed at $25K, but it traded for $350,000 in 2024 — a 14.2× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Run the numbers

What owning 2933 Frankford Ave 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.

$350K
20%
6.875%
$700/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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.

Block context

2933 Frankford Ave sits on the 2900 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2931 Frankford Ave  ·  2935 Frankford Ave

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly. 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)