House report

718 Emily St

4 bd · 3 stories · 1,488 sqft · RSA5 · built 2019

Owner-occupied · assessed $444K · sold 2×. On the 700 block of Emily St.

Street view of 718 Emily St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

built new under a 2017 permit (tax-abated), sold for $371K in 2019.

View supporting records →

What the record is signaling

Early patterns mined across this property's dated public records. Each flag shows what triggered it and where the inference stops.

watch signalAssessment/permit mismatch

The assessment jumped 1513% in 2023, but no matching permit appears in the property timeline.

Evidence: assessment moved from $25,400 to $409,700 · no permit shown in 2022-2024

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a machine-learning forecast. A signal is a prompt to verify the cited record, not a prediction or allegation.

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 current tax estimate is temporary

The taxable assessment implies about $1,244/yr under a 10-year abatement. The estimate steps up every year and reaches about $6,218/yr in 2033 — $4,974/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

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 2033 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
$444K
built 2019
Price / sq ft
$299
block $279 · above block
Appreciation
+4626%
+42%/yr, city 6.5%
In 5 years (~2031)
~$454K
+42%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Jun 2022 tax snapshot
Gross yield
4.5%
≈$2K/mo rent
Times sold
2

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

$0$250K$500KBefore this chart — 2015: 2 L&I violations2017: Zoning/use 2017: 2 L&I violations 2017: New construction 2017: L&I: 1 failed, 1 passed 2017: Electrical 2017: Mechanical 2017: Suppression2018: Plumbing 2018: Zoning/use 2018: Administrative2019: Sold $371K$444K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

built new under a 2017 permit (tax-abated), sold for $371K in 2019.

  1. 2015 2 L&I violationsL&I
  2. 2017 Zoning/usePermit2 L&I violationsL&INew constructionPermitL&I: 1 failed, 1 passedL&I visitElectricalPermitMechanicalPermitSuppressionPermit
  3. 2018 PlumbingPermitZoning/usePermitAdministrativePermit
  4. 2019 $371KSold

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

The abatement clock

This house’s taxable assessment implies about $1,244/yr under a 10-year tax abatement that steps down every year. In 2033 the assessment-based estimate reaches ~$6,218/yr — a step up of $4,974/yr, 6 assessment years out. Drag the slider.

2016: ~$132/yr2017: ~$356/yr2018: ~$356/yr2019: ~$356/yr2020: ~$356/yr2021: ~$356/yr2022: ~$356/yr2023: ~$1,147/yr2024: ~$1,147/yr2025: ~$1,176/yr2026: ~$1,176/yr2027: ~$1,244/yr2028: ~$2,073/yr (projected)2029: ~$2,902/yr (projected)2030: ~$3,731/yr (projected)2031: ~$4,560/yr (projected)2032: ~$5,389/yr (projected)2033: ~$6,218/yr (projected)2034: ~$6,218/yr (projected)201620332034
2027~$1,244/yrestimated from assessment

now: ($444,200 assessed − $355,330 abated) × 1.3998% ≈ $1,244/yr 2033: $444,200 assessed × 1.3998% ≈ $6,218/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
4
Stories
3
Interior
1,488 sqft
livable area
Lot
629 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
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 718 Emily St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$444K
20%
6.875%
$2K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — 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

718 Emily St sits on the 700 block of Emily St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 716 Emily St  ·  720 Emily St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)