Public Records
Edition
Philadelphia7200 block of Frankford AveJuly 9, 2026

House report

7232 Frankford Ave

2,064 sqft · CMX2.5 · built 1940

Investor / LLC · assessed $599K · sold 2×. On the 7200 block of Frankford Ave.

Street view of 7232 Frankford Ave
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 1940: 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’re the landlord

Lead certificate is not optional

Built 1940: 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

Ed Norton LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $954K combined
• Holds an active rental license for this address

PA corporate registry ↗OpenCorporates ↗City record ↗

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
$599K
built 1940
Price / sq ft
$290
block $121 · above block
Appreciation
+156%
+9%/yr, city 6.5%
In 5 years (~2031)
~$601K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$8K
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$500K$1.0MBefore this chart — 2000: Sold $93K 2008: New Construction 2010: L&I violation 2010: Appeal granted with conditions 2012: New Construction 2014: Plumbing 2015: Zoning/use 2015: L&I violation2016: 2 L&I violations2017: Sold $175K2024: 5 L&I violations$599K201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trailNew construction

Bought for $93K in 2000, built new under a 2008 permit, sold for $175K in 2017.

  1. 2000 $93KSold
  2. 2008 New ConstructionPermit
  3. 2010 L&I violationL&IAppeal granted with conditionsZoning
  4. 2012 New ConstructionPermit
  5. 2014 PlumbingPermit
  6. 2015 Zoning/usePermitL&I violationL&I
  7. 2016 2 L&I violationsL&I
  8. 2017 $175KSold
  9. 2024 5 L&I violationsL&I

Flags: active rental license · 1 zoning/board appeal on record. 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.

Interior
2,064 sqft
livable area
Lot
1,807 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX2.5
city zoning code
Zoning appeals
1
granted with conditions 2010

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

Run the numbers

What owning 7232 Frankford Ave 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.

$599K
20%
6.875%
$4K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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: 7230 Frankford Ave  ·  7234 Frankford Ave

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)