Public Records
Edition
Philadelphia2200 block of N Broad StJuly 9, 2026

House report

2221-25 N Broad St

52,850 sqft · CMX3

Investor / LLC · assessed $9.9M · sold 2×. On the 2200 block of N Broad St.

Street view of 2221-25 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

The tax bill is temporary

Today's $4,614/yr reflects a 10-year abatement. It jumps to about $138,267/yr by 2026 — $133,653/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. 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’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

Future Wings Holding Company · corporate / LLC owner

• The last transfer was a nominal/family deed, not an open-market sale

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
$9.9M
Price / sq ft
$187
block $94 · above block
Appreciation
+404%
+16%/yr, city 6.5%
In 5 years (~2031)
~$10.0M
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
0.05% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$5.0M$10M2022: 10 L&I violations 2022: Change of Use2023: Addition and/or Alteration 2023: Alterations 2023: Addition and/or Alteration 2023: 4 L&I violations 2023: Addition and/or Alterations 2023: Addition and/or Alterations2024: Addition and/or Alteration 2024: 3 L&I violations2025: 5 L&I violations 2025: Addition and/or Alteration$9.9M201620222027
This houseBlock median & rangeL&I violation
The paper trail

built new under a 2022 permit (tax-abated).

  1. 2022 10 L&I violationsL&IChange of UsePermit
  2. 2023 Addition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermit4 L&I violationsL&IAddition and/or AlterationsPermitAddition and/or AlterationsPermit
  3. 2024 Addition and/or AlterationPermit3 L&I violationsL&I
  4. 2025 5 L&I violationsL&IAddition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · 2 zoning/board appeals on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $4,614/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$138,267/yr — a step up of $133,653/yr. Drag the slider.

2016: ~$6,999/yr2018: ~$11,296/yr2019: ~$11,296/yr2020: ~$16,271/yr2021: ~$16,271/yr2022: ~$16,271/yr2023: ~$16,271/yr2024: ~$16,271/yr2025: ~$16,271/yr2026: ~$0/yr2027: ~$4,614/yr201620262027
2027~$4,614/yrfrom the record

now: ($9,877,600 assessed − $9,547,981 abated) × 1.3998% ≈ $4,614/yr 2026: $9,877,600 assessed × 1.3998% ≈ $138,267/yr Flat 100% exemption (pre-2022 program, started 2016), 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.

Interior
52,850 sqft
livable area
Lot
10,655 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
2
granted 2010

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

Run the numbers

What owning 2221-25 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.

$9.9M
20%
6.875%
$71K/mo
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).

Next door: 2219 N Broad St  ·  2217 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)