Public Records
Edition
Philadelphia400 block of N Front StJuly 9, 2026

House report

408-10 N Front St

4 stories · 9,120 sqft · RM1 · built 2025

Investor / LLC · assessed $2.1M · sold 4×. On the 400 block of N Front St.

Street view of 408-10 N Front 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 $3,005/yr reflects a 10-year abatement. It steps up every year and reaches about $30,055/yr in 2036 — $27,050/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

1833 Realty LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $8.5M 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
$2.1M
built 2025
Price / sq ft
$235
block $317 · below block
Appreciation
+189%
+70%/yr, city 6.5%
In 5 years (~2031)
~$2.2M
+70%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.14% effective, abated
Gross yield
Times sold
4
licensed rental

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

$0$1.3M$2.5MBefore this chart — 2000: Land $125K 2002: Land $123K 2002: Land $195K2016: Land $705K2020: New construction, addition, GFA change2021: New Construction2023: New Construction or Additions 2023: New Construction2024: New Construction 2024: 5 L&I violations 2024: New Construction$2.1M201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Bought for $125K in 2000, built new under a 2020 permit (tax-abated).

  1. 2000 $125KLand buy
  2. 2002 $123KLand buy$195KLand buy
  3. 2016 $705KLand buy
  4. 2020 New construction, addition, GFA changePermit
  5. 2021 New ConstructionPermit
  6. 2023 New Construction or AdditionsPermitNew ConstructionPermit
  7. 2024 New ConstructionPermit5 L&I violationsL&INew ConstructionPermit

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

The abatement clock

This house pays about $3,005/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$30,055/yr — a step up of $27,050/yr, 9 assessment years out. Drag the slider.

2025: ~$10,415/yr2026: ~$2,202/yr2027: ~$3,005/yr2028: ~$6,011/yr (projected)2029: ~$9,016/yr (projected)2030: ~$12,022/yr (projected)2031: ~$15,027/yr (projected)2032: ~$18,033/yr (projected)2033: ~$21,038/yr (projected)2034: ~$24,044/yr (projected)2035: ~$27,049/yr (projected)2036: ~$30,055/yr (projected)2037: ~$30,055/yr (projected)202520362037
2027~$3,005/yrfrom the record

now: ($2,147,100 assessed − $1,932,426 abated) × 1.3998% ≈ $3,005/yr 2036: $2,147,100 assessed × 1.3998% ≈ $30,055/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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
9,120 sqft
livable area
Lot
3,720 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A
assessor's grade
Zoning
RM1
city zoning code

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

Run the numbers

What owning 408-10 N Front 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.

$2.1M
20%
6.875%
$15K/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: 412 N Front St  ·  412 N Front 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)