The Block Report

House report

4245 N Reese St

3 bd · 1 ba · 2 stories · 1,036 sqft · RSA5 · built 1920

Owner-occupied · assessed $111K · sold 2×. On the 4200 block of N Reese St.

Property summary

Assessment$111KCity assessed value Last sale$88KRecorded 2019 Est. annual tax$151/yearAssessment × 1.3998% Tax delinquencyNo 2022 matchNot proof account is current Permits0Dated events in report ViolationsNone openNone open when assembled

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 4245 N Reese St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Verify the current balance before relying on it.

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $28. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $47K in 2005, built new (tax-abated), sold for $88K in 2019.

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 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.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you own it

$28 in the historical tax ledger through 2016

Historical context only, not a current payoff figure. 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 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
$111K
built 1920
Price / sq ft
$107
block $107 · in line w/ block
Appreciation
+158%
+9%/yr, city 6.5%
In 5 years (~2031)
~$111K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$151
0.14% effective, abated
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
13.5%
≈$1K/mo rent
Times sold
2

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

$0$100K$200KBefore this chart — 2005: Sold $47K2019: Sold $88K$111K201620222027
This houseBlock median & rangeSalePermit

The paper trail

New construction

Bought for $47K in 2005, built new (tax-abated), sold for $88K in 2019.

  1. 2005 $47KSold
  2. 2019 $88KSold

Flags: tax-abated — the bill lags real value · historical tax ledger through 2016 recorded $28. 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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,036 sqft
livable area
Lot
845 sqft
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
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 4245 N Reese 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.

$111K
20%
6.875%
$1K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — 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

4245 N Reese St sits on the 4200 block of N Reese St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4243 N Reese St  ·  4247 N Reese St

Where this comes from
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)