History
Why it matters2 L&I violations (2020); Inspection failed (2022); Inspection failed (2023); Inspection failed ×2 (2024); 3 L&I violations incl UNSAFE STRUCTURE (2026); L&I: 1 failed, 1 passed (2026).
View supporting records →Multi-family report
424 N Hobart St
1 story · 1,068 sqft · RSA5 · built 1920
Owner-occupied · assessed $126K. On the 400 block of N Hobart St.
Property summary
Assessment$126KCity assessed value
Last sale$7KRecorded 1981
Est. annual tax$2K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits0Dated events in report
Violations3Open when report assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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Question or correct this record
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Historical tax record
Verify the current balance before relying on it.
The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.
A separate historical parcel ledger ending in 2016 records $831 and a lien entry. It is shown as historical context only.
Verify current balance with Philadelphia Revenue →What stands out
From the public recordRecords to verify together
Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.
Records to verify together
More than one separately dated public record deserves a current-status check.
Evidence: 3 open L&I violations · a lien number appears in the historical tax ledger through 2016 · failed L&I inspection activity in 2021, 2022, 2023, 2024
Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.
Assessment/permit mismatch
The assessment jumped 191% in 2025, but no matching permit appears in the property timeline.
Evidence: assessment moved from $47,700 to $138,900 · no permit shown in 2024-2026
Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.
Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.
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
Built 1920: 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.
Multiple units in RSA5, a single-family district
The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as multiple rents.
If you own it
$1,399/yr may be unclaimed
This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.
3 open violations: the clock matters
L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.
$831 in the historical tax ledger through 2016
Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.
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 building 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
$126K
built 1920
Price / sq ft
$118
block $97 · above block
Appreciation
+408%
+16%/yr, city 6.5%
In 5 years (~2031)
~$127K
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
9.1%
≈$957/mo rent
Times sold
0
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeL&I violationInspection
The paper trail
History2 L&I violations (2020); Inspection failed (2022); Inspection failed (2023); Inspection failed ×2 (2024); 3 L&I violations incl UNSAFE STRUCTURE (2026); L&I: 1 failed, 1 passed (2026).
- 2020 2 L&I violationsL&I
- 2022 Inspection failedL&I visit
- 2023 Inspection failedL&I visit
- 2024 Inspection failed ×2L&I visit
- 2026 3 L&I violations incl UNSAFE STRUCTUREL&IL&I: 1 failed, 1 passedL&I visit
Flags: 3 open L&I violations · historical tax ledger through 2016 recorded $831 with a lien entry. 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
1,068 sqft
livable area
Lot
1,112 sqft
Exterior condition
Below average
city code 5
Above averageBelow average
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C
assessor's grade
ABCDE
Zoning
RSA5
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 424 N Hobart St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.
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
424 N Hobart St sits on the 400 block of N Hobart St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 422 N Hobart St · 426 N Hobart St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)