Public Records
Edition
Philadelphia100 block of N 49th StJuly 9, 2026

House report

132 N 49th St

2 stories · 1,496 sqft · RSA5 · built 1925

Investor / LLC · assessed $195K · sold 1×. On the 100 block of N 49th St.

Street view of 132 N 49th 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 $557/yr reflects a 10-year abatement. It steps up every year and reaches about $2,731/yr in 2033 — $2,174/yr more. Price the full bill, not the current one.

Built 1925: 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.

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 own it

$3,992 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

If you’re the landlord

Lead certificate is not optional

Built 1925: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

Philadelphia Lotus LLC · corporate / LLC owner

• Owns 43 properties across Philadelphia under this name, assessed at $7.8M combined
• 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
$195K
built 1925
Price / sq ft
$130
block $104 · above block
Appreciation
+344%
+15%/yr, city 6.5%
In 5 years (~2031)
~$197K
+15%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$557
0.29% effective, abated
Gross yield
Times sold
1
kept in the family

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

$0$250K$500KBefore this chart — 2008: Major alteration 2010: Sold $130K 2012: 2 L&I violations 2015: 5 L&I violations2016: 4 L&I violations incl UNSAFE STRUCTURE2017: Major alteration 2017: Alteration 2017: Electrical 2017: Plumbing 2017: Mechanical2018: 2 L&I violations 2018: Plumbing$195K201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new under a 2008 permit (tax-abated), sold for $130K in 2010.

  1. 2008 Major alterationPermit
  2. 2010 $130KSold
  3. 2012 2 L&I violationsL&I
  4. 2015 5 L&I violationsL&I
  5. 2016 4 L&I violations incl UNSAFE STRUCTUREL&I
  6. 2017 Major alterationPermitAlterationPermitElectricalPermitPlumbingPermitMechanicalPermit
  7. 2018 2 L&I violationsL&IPlumbingPermit

Flags: tax-abated — the bill lags real value · active rental license · $4K back taxes (2011–2016, $412 of it interest & penalties, lien filed) · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $557/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$2,731/yr — a step up of $2,174/yr, 6 assessment years out. Drag the slider.

2016: ~$615/yr2017: ~$615/yr2018: ~$615/yr2019: ~$181/yr2020: ~$186/yr2021: ~$186/yr2022: ~$186/yr2023: ~$747/yr2024: ~$747/yr2025: ~$568/yr2026: ~$568/yr2027: ~$557/yr2028: ~$919/yr (projected)2029: ~$1,282/yr (projected)2030: ~$1,644/yr (projected)2031: ~$2,006/yr (projected)2032: ~$2,369/yr (projected)2033: ~$2,731/yr (projected)2034: ~$2,731/yr (projected)201620332034
2027~$557/yrfrom the record

now: ($195,100 assessed − $155,309 abated) × 1.3998% ≈ $557/yr 2033: $195,100 assessed × 1.3998% ≈ $2,731/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
2
Interior
1,496 sqft
livable area
Lot
770 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
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 132 N 49th 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.

$195K
20%
6.875%
$1K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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: 130 N 49th St  ·  128 N 49th 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)