The Block ReportBlockReport

House report

4812 Friendship St

3 bd · 1 ba · 2 stories · 840 sqft · RSA5 · built 1955

Owner-occupied · assessed $171K · sold 3×. On the 4800 block of Friendship St.

Street view of 4812 Friendship St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$171KCity assessed value Last sale$209KRecorded 2024 Est. taxes$0/yearTax-exempt record Permits0Shown in this report ViolationsNone openNo open L&I cases

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $35K in 2000, built new (tax-abated), sold for $209K in 2024.

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

The tax bill is temporary

Today's $0/yr reflects a 10-year abatement. It steps up every year and reaches about $2,395/yr in 2034 — $2,395/yr more. Price the full bill, not the current one.

Built 1955: 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

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2034 it can — knocking about $1,400/yr off the full bill.

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
$171K
built 1955
Price / sq ft
$204
block $184 · above block
Appreciation
+138%
+8%/yr, city 6.5%
In 5 years (~2031)
~$172K
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
—
Gross yield
-4675628.3%
≈$-667M/mo rent
Times sold
3

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

$0$100K$200KBefore this chart — 2000: Sold $35K 2004: Inspection failed 2011: Sold $70K2024: Sold $209K$171K201620222027
This houseBlock median & rangeSalePermit

The paper trail

New construction

Bought for $35K in 2000, built new (tax-abated), sold for $209K in 2024.

  1. 2000 $35KSold
  2. 2004 Inspection failedL&I visit
  3. 2011 $70KSold
  4. 2024 $209KSold

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

The abatement clock

This house pays about $0/yr under a 10-year tax abatement that steps down every year. In 2034 the bill reaches its full ~$2,395/yr — a step up of $2,395/yr, 7 assessment years out. Drag the slider.

2016: ~$1,006/yr2017: ~$1,006/yr2018: ~$1,006/yr2019: ~$1,043/yr2020: ~$1,086/yr2021: ~$1,086/yr2022: ~$1,086/yr2023: ~$1,508/yr2024: ~$1,256/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr2028: ~$342/yr (projected)2029: ~$684/yr (projected)2030: ~$1,026/yr (projected)2031: ~$1,369/yr (projected)2032: ~$1,711/yr (projected)2033: ~$2,053/yr (projected)2034: ~$2,395/yr (projected)2035: ~$2,395/yr (projected)201620342035
2027~$0/yrfrom the record

now: ($171,100 assessed − $171,100 abated) × 1.3998% ≈ $0/yr 2034: $171,100 assessed × 1.3998% ≈ $2,395/yr The abated slice shrinks ~10% a year (post-2022 program, started 2024) — 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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
840 sqft
livable area
Lot
1,360 sqft
Basement
Full, unfinished
city code C
Heat
Hot water / radiators
city code B
Central air
No
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
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 4812 Friendship 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.

$209K
20%
6.875%
$700/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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).

Block context

4812 Friendship St sits on the 4800 block of Friendship St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4810 Friendship St  ·  4814 Friendship St

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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)