New construction
Why it mattersBought for $73K in 2016, built new under a 2015 permit (tax-abated), sold for $297K in 2020.
View supporting records →House report
702 Mollbore Ter
2 bd · 1 ba · 2 stories · 958 sqft · RSA5 · built 1956
Owner-occupied · assessed $328K · sold 3×. On the 700 block of Mollbore Ter.
Property summary
Assessment$328KCity assessed value
Last sale$297KRecorded 2020
Est. taxes$1K/yearAnnual city record
Permits6Shown in this report
ViolationsNone openNo open 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
The tax bill is temporary
Today's $1,139/yr reflects a 10-year abatement. It jumps to about $4,591/yr in 2028 — $3,452/yr more. Price the full bill, not the current one.
Built 1956: 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 2028 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
$328K
built 1956
Price / sq ft
$342
block $243 · above block
Appreciation
+226%
+11%/yr, city 6.5%
In 5 years (~2031)
~$330K
+11%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.35% effective, abated
Gross yield
—
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 & rangeSalePermit
The paper trail
New constructionBought for $73K in 2016, built new under a 2015 permit (tax-abated), sold for $297K in 2020.
- 2015 PlumbingPermit
- 2016 $73KSoldAlterationPermitMechanicalPermit
- 2017 ElectricalPermitPlumbingPermitMajor alterationPermit$259KSold
- 2020 $297KSold
Flags: tax-abated — the bill lags real value · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $1,139/yr under a 10-year tax abatement. In 2028 the bill reaches its full ~$4,591/yr — a step up of $3,452/yr, 1 assessment year out. Drag the slider.
now: ($328,000 assessed − $246,631 abated) × 1.3998% ≈ $1,139/yr
2028: $328,000 assessed × 1.3998% ≈ $4,591/yr
Flat 100% exemption (pre-2022 program, started 2018), 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.
Bedrooms
2
Bathrooms
1
Stories
2
Interior
958 sqft
livable area
Lot
1,053 sqft
Basement
Full, finished
city code A
Heat
Hot water / radiators
city code B
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
ABCDE
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 702 Mollbore Ter 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.
When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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
702 Mollbore Ter sits on the 700 block of Mollbore Ter. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 700 Mollbore Ter · 704 Mollbore Ter
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 702 Mollbore Ter,
on paper.
Built 1956. 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)