Renovated & sold on
Why it mattersBought for $299K in 2004, change of use permit in 2021, sold for $1.2M in 2021 (+296%).
View supporting records →Multi-family report
641 N 15th St
3 stories · 4,284 sqft · RM1 · built 1920
Investor / LLC · assessed $752K · 6 licensed units · sold 3×. On the 600 block of N 15th St.
Property summary
Assessment$752KCity assessed value
Last sale$1.2MRecorded 2021
Est. taxes$11K/yearAnnual city record
Permits1Shown in this report
Violations4Open L&I cases
What stands out
From the public recordWhat 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.
If you own it
4 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.
If you’re the landlord
Lead certificate is not optional
Built 1920: 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
641 North 15th Street Owner LLC · corporate / LLC owner
• Tax bills mail to 500 N Franklin Turnpike, Ramsey NJ, 07446 — outside Philadelphia
• 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 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
$752K
built 1920
Price / sq ft
$175
block $287 · below block
Appreciation
+47%
+4%/yr, city 6.5%
In 5 years (~2031)
~$753K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$11K
1.4% effective
Gross yield
3.3%
≈$2K/mo rent
Times sold
3
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleL&I violationPermitInspection
The paper trail
Renovated & sold onBought for $299K in 2004, change of use permit in 2021, sold for $1.2M in 2021 (+296%).
- 2004 $299KSold
- 2007 8 L&I violationsL&I
- 2016 L&I violationL&IInspection failedL&I visit$1.1MSold
- 2017 L&I: 1 failed, 1 passedL&I visit
- 2021 Change of UsePermit$1.2MSold
- 2025 7 L&I violationsL&IInspection failed ×2L&I visit
- 2026 Inspection passedL&I visit
Flags: active rental license · 4 open L&I violations · long-held within one family. 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
3
Interior
4,284 sqft
livable area
Lot
2,600 sqft
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C+
assessor's grade
ABCDE
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 641 N 15th St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 6 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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, $4,200/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.
Block context
641 N 15th St sits on the 600 block of N 15th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 643-45 N 15th St · 647 N 15th 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
- Back taxes & liens — Real Estate Tax Balances, Dept. of 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
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.
First time here?
This is 641 N 15th St,
on paper.
Built 1920. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)