Improved
Why it mattersOwner pulled a alterations permit in 2019.
View supporting records →Mixed-use report
7342 Frankford Ave
1,956 sqft · CMX2.5 · built 1980
Owner-occupied · assessed $237K. On the 7300 block of Frankford Ave.
Property summary
Assessment$237KCity assessed value
Last sale—No sale value available
Est. annual tax$3K/yearAssessment × 1.3998%
Tax delinquency$3KCity snapshot · Jun 2022
Permits1Dated events in report
Violations13Open when report assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
Ask the questions this record raises.
These curated questions are free. Choose one to open its cited answer.
Question or correct this record
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Historical tax record
Verify the current balance before relying on it.
$3K was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.
A separate historical parcel ledger ending in 2016 records $9K and a lien entry. It is shown as historical context only.
Verify current balance with Philadelphia Revenue →What stands out
From the public recordRecords to verify together
Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.
Records to verify together
Several independent, separately dated records stack up here and deserve prompt verification.
Evidence: 13 open L&I violations · $3,009 appeared in the City's June 2022 delinquency snapshot · a lien number appears in the historical tax ledger through 2016 · failed L&I inspection activity in 2024, 2025, 2026
Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.
Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, 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 last transfer was not a sale
The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)
If you own it
$1,399/yr may be unclaimed
This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.
13 open violations: the clock matters
L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.
$8,650 in the historical tax ledger through 2016
Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.
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 building 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
$237K
built 1980
Price / sq ft
$121
block $121 · in line w/ block
Appreciation
+8%
+1%/yr, city 6.5%
In 5 years (~2031)
~$237K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Jun 2022 tax snapshot
$3K
delinquency recorded then · verify current
Gross yield
7.8%
≈$2K/mo rent
Times sold
0
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeL&I violationZoningPermitInspection
The paper trail
ImprovedOwner pulled a alterations permit in 2019.
- 2010 8 L&I violationsL&I
- 2014 4 L&I violationsL&I
- 2015 L&I: 1 failed, 1 passedL&I visit
- 2019 AlterationsPermit
- 2024 13 L&I violationsL&IInspection failedL&I visit
- 2025 Inspection failed ×2L&I visit
- 2026 Appeal completeZoningInspection failedL&I visit
Flags: 13 open L&I violations · $3K recorded in the June 2022 delinquency snapshot — verify current balance · historical tax ledger through 2016 recorded $9K with a lien entry · 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
1,956 sqft
livable area
Lot
1,824 sqft
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C
assessor's grade
ABCDE
Zoning
CMX2.5
city zoning code
Zoning appeals
1
complete 2026
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 7342 Frankford Ave 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.
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.
Block context
7342 Frankford Ave sits on the 7300 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 7340 Frankford Ave · 7344 Frankford Ave
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
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia 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
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)