Public Records
Edition
Philadelphia700 block of S 15th StJuly 8, 2026

House report

762 S 15th St

7 bd · 7 ba · 3 stories · 3,051 sqft · RM1 · built 2018

Investor / LLC · assessed $1.2M · sold 2×. On the 700 block of S 15th St.

Street view of 762 S 15th 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 $3,252/yr reflects a 10-year abatement. It jumps to about $16,261/yr in 2030 — $13,009/yr more. Price the full bill, not the current one.

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

City Center Rentals LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $2.8M combined
• 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 analyst below to dig into any number.

Assessed value
$1.2M
built 2018
Price / sq ft
$381
block $322 · above block
Appreciation
+204%
+11%/yr, city 6.5%
In 5 years (~2031)
~$1.2M
+11%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.28% effective, abated
Gross yield
Times sold
2
licensed rental

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

$0$1.0M$2.0M2016: Land $330K 2016: Land $430K2018: Zoning/use 2018: Demolition 2018: New construction 2018: Demolished 2018: Plumbing 2018: Plumbing 2018: Mechanical 2018: Suppression 2018: Electrical2019: Appeal city affirmed$1.2M201620222027
This houseBlock median & rangeLand buyTeardownZoning
The paper trail

Old house bought for $330K in 2016, demolished in 2018 and rebuilt (2018).

  1. 2016 $330KLand buy$430KLand buy
  2. 2018 Zoning/usePermitDemolitionPermitNew constructionPermitDemolishedTeardownPlumbingPermitPlumbingPermitMechanicalPermitSuppressionPermitElectricalPermit
  3. 2019 Appeal city affirmedZoning

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $3,252/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$16,261/yr — a step up of $13,009/yr, 3 assessment years out. Drag the slider.

2016: ~$5,344/yr2017: ~$5,344/yr2018: ~$5,657/yr2019: ~$5,657/yr2020: ~$3,281/yr2021: ~$3,281/yr2022: ~$3,281/yr2023: ~$2,625/yr2024: ~$2,625/yr2025: ~$3,020/yr2026: ~$3,020/yr2027: ~$3,252/yr2028: ~$3,252/yr (projected)2029: ~$3,252/yr (projected)2030: ~$16,261/yr (projected)2031: ~$16,261/yr (projected)201620302031
2027~$3,252/yrfrom the record

now: ($1,161,700 assessed − $929,381 abated) × 1.3998% ≈ $3,252/yr 2030: $1,161,700 assessed × 1.3998% ≈ $16,261/yr Flat 100% exemption (pre-2022 program, started 2020), 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.

Bedrooms
7
Bathrooms
7
Stories
3
Interior
3,051 sqft
livable area
Lot
1,347 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
B
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
city affirmed 2019

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

Run the numbers

What owning 762 S 15th 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.

$1.2M
20%
6.875%
$8K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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: 760 S 15th St  ·  760 S 15th 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)