Public Records
Edition
Philadelphia7000 block of N Broad StJuly 9, 2026

House report

7020 N Broad St

4 stories · 33,000 sqft · RM1 · built 1966

Investor / LLC · assessed $3.3M · sold 2×. On the 7000 block of N Broad St.

Street view of 7020 N Broad 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

Built 1966: 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

Construction next door (7021 N Broad St, 2024)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

If you’re the landlord

Lead certificate is not optional

Built 1966: 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

Mandela Apartments LLC · 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
$3.3M
built 1966
Price / sq ft
$99
block $142 · below block
Appreciation
+126%
+8%/yr, city 6.5%
In 5 years (~2031)
~$3.3M
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$46K
1.4% effective
Gross yield
Times sold
2
licensed rental

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

$0$2.5M$5.0M2017: 9 L&I violations2018: 4 L&I violations2019: 3 L&I violations2021: Sold $3.8M 2021: Change of Use2022: Addition and/or Alteration 2022: Rough-In 2022: Addition and/or Alteration 2022: Alterations 2022: Addition and/or Alteration 2022: Addition and/or Alterations2023: 5 L&I violations$3.3M201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $3.8M in 2021. Owner pulled a addition and/or alterations permit in 2022.

  1. 2017 9 L&I violationsL&I
  2. 2018 4 L&I violationsL&I
  3. 2019 3 L&I violationsL&I
  4. 2021 $3.8MSoldChange of UsePermit
  5. 2022 Addition and/or AlterationPermitRough-InPermitAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermit
  6. 2023 5 L&I violationsL&I

Flags: active rental license. 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
4
Interior
33,000 sqft
livable area
Lot
20,000 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
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 7020 N Broad 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.

$3.3M
20%
6.875%
$24K/mo

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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Next door: 7026 N Broad St  ·  7028 N Broad 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)