Public Records
Edition
Philadelphia700 block of S 7th StRecords pulled July 9, 2026

House report

700 S 7th St

2,968 sqft · CMX2 · built 2019

Investor / LLC · assessed $935K · sold 4×. On the 700 block of S 7th St.

Street view of 700 S 7th 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 $2,616/yr reflects a 10-year abatement. It jumps to about $13,087/yr in 2031 — $10,471/yr more. Price the full bill, not the current one.

If you’re the landlord

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

Queen Village Properties · corporate / LLC owner

• Holds an active rental license for this address

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
$935K
built 2019
Price / sq ft
$315
block $373 · below block
Appreciation
+255%
+12%/yr, city 6.5%
In 5 years (~2031)
~$941K
+12%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.28% effective, abated
Gross yield
Times sold
4
licensed rental

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

$0$500K$1.0MBefore this chart — 2014: L&I violation 2015: Land $330K 2015: Zoning/use2016: Land $350K2018: Appeal granted with conditions 2018: Zoning/use 2018: Demolition2019: Demolished 2019: 3 L&I violations 2019: Zoning/use 2019: Plumbing2022: Change of Use$935K201620222027
This houseBlock median & rangeLand buyTeardownZoningPermit
The paper trail

Old house bought for $330K in 2015, demolished in 2019 and rebuilt (2015).

  1. 2014 L&I violationL&I
  2. 2015 $330KLand buyZoning/usePermit
  3. 2016 $350KLand buy
  4. 2018 Appeal granted with conditionsZoningZoning/usePermitDemolitionPermit
  5. 2019 DemolishedTeardown3 L&I violationsL&IZoning/usePermitPlumbingPermit
  6. 2022 Change of UsePermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $2,616/yr under a 10-year tax abatement. In 2031 the bill reaches its full ~$13,087/yr — a step up of $10,471/yr, 4 assessment years out. Drag the slider.

2016: ~$3,686/yr2017: ~$3,686/yr2018: ~$2,515/yr2019: ~$1,636/yr2021: ~$1,912/yr2022: ~$1,912/yr2023: ~$1,711/yr2024: ~$1,711/yr2025: ~$2,072/yr2026: ~$2,072/yr2027: ~$2,616/yr2028: ~$2,616/yr (projected)2029: ~$2,616/yr (projected)2030: ~$2,616/yr (projected)2031: ~$13,087/yr (projected)2032: ~$13,087/yr (projected)201620312032
2027~$2,616/yrfrom the record

now: ($934,900 assessed − $748,016 abated) × 1.3998% ≈ $2,616/yr 2031: $934,900 assessed × 1.3998% ≈ $13,087/yr Flat 100% exemption (pre-2022 program, started 2021), then the cliff — 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.

Interior
2,968 sqft
livable area
Lot
818 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
CMX2
city zoning code
Zoning appeals
1
granted with conditions 2018

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 700 S 7th 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.

$935K
20%
6.875%
$7K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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: 702 S 7th St  ·  704 S 7th St

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)