Public Records
Edition
Philadelphia300 block of W Hortter StJuly 9, 2026

House report

367 W Hortter St

4 stories · 24,320 sqft · CMX2 · built 2024

Investor / LLC · assessed $4.0M · sold 3×. On the 300 block of W Hortter St.

Street view of 367 W Hortter 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 $5,557/yr reflects a 10-year abatement. It steps up every year and reaches about $55,575/yr in 2035 — $50,018/yr more. Price the full bill, not the current one.

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’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

Azalea Partners LLC · corporate / LLC owner

• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$4.0M
built 2024
Price / sq ft
$163
block $219 · below block
Appreciation
-5%
-3%/yr, city 6.5%
In 5 years (~2031)
~$4.0M
-3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$6K
0.14% effective, abated
Gross yield
Times sold
3
kept in the family

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

$0$2.5M$5.0MBefore this chart — 2007: Land $495K2023: L&I violation2024: Change of Use 2024: L&I violation 2024: Addition and/or Alteration 2024: Addition and/or Alterations 2024: Alterations 2024: Alterations2025: Addition and/or Alterations 2025: Addition and/or Alteration 2025: 4 L&I violations 2025: Certificate of Occupancy (CO) (may inclu…$4.0M201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

Bought for $495K in 2007, built new under a 2024 permit (tax-abated).

  1. 2007 $495KLand buy
  2. 2023 L&I violationL&I
  3. 2024 Change of UsePermitL&I violationL&IAddition and/or AlterationPermitAddition and/or AlterationsPermitAlterationsPermitAlterationsPermit
  4. 2025 Addition and/or AlterationsPermitAddition and/or AlterationPermit4 L&I violationsL&ICertificate of Occupancy (CO) (may inclu…Permit

Flags: tax-abated — the bill lags real value · active rental license · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $5,557/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$55,575/yr — a step up of $50,018/yr, 8 assessment years out. Drag the slider.

2025: ~$5,857/yr2026: ~$5,857/yr2027: ~$5,557/yr2028: ~$11,809/yr (projected)2029: ~$18,062/yr (projected)2030: ~$24,314/yr (projected)2031: ~$30,566/yr (projected)2032: ~$36,818/yr (projected)2033: ~$43,071/yr (projected)2034: ~$49,323/yr (projected)2035: ~$55,575/yr (projected)2036: ~$55,575/yr (projected)202520352036
2027~$5,557/yrfrom the record

now: ($3,970,200 assessed − $3,573,215 abated) × 1.3998% ≈ $5,557/yr 2035: $3,970,200 assessed × 1.3998% ≈ $55,575/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.

Stories
4
Interior
24,320 sqft
livable area
Lot
10,343 sqft
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
CMX2
city zoning code

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

Run the numbers

What owning 367 W Hortter 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.

$4.0M
20%
6.875%
$29K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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: 351 W Hortter St  ·  349 W Hortter 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)