Multi-family report

8012 Craig St

4 bd · 2 ba · 3 stories · 2,478 sqft · RSA5 · built 1970

Owner-occupied · assessed $362K · sold 1×. On the 8000 block of Craig St.

Street view of 8012 Craig St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Verify the current balance before relying on it.

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

A separate historical parcel ledger ending in 2016 records $12K and a lien entry. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record

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.

elevated signalPublic-record pressure

More than one public record deserves a current-status check.

Evidence: a lien number appears in the historical tax ledger through 2016 · failed L&I inspection activity in 2021, 2022

Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.

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

Built 1970: 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.

Multiple units in RSA5, a single-family district

The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as multiple rents.

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.

$11,509 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
$362K
built 1970
Price / sq ft
$146
block $196 · below block
Appreciation
+78%
+5%/yr, city 6.5%
In 5 years (~2031)
~$363K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.4% effective
Jun 2022 tax snapshot
Gross yield
3.5%
≈$1K/mo rent
Times sold
1

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

$0$250K$500K2019: New Construction 2019: Amend for conversion 2019: Alterations2020: Sold $245K 2020: L&I violation2021: 8 L&I violations 2021: L&I: 6 failed, 2 passed2022: Inspection failed2023: L&I violation 2023: L&I: 2 failed, 2 passed2024: 2 L&I violations 2024: L&I: 1 failed, 1 passed$362K201620222027
This houseBlock median & rangeSaleL&I violationPermitInspection

The paper trail

built new under a 2019 permit, sold for $245K in 2020.

  1. 2019 New ConstructionPermitAmend for conversionPermitAlterationsPermit
  2. 2020 $245KSoldL&I violationL&I
  3. 2021 8 L&I violationsL&IL&I: 6 failed, 2 passedL&I visit
  4. 2022 Inspection failedL&I visit
  5. 2023 L&I violationL&IL&I: 2 failed, 2 passedL&I visit
  6. 2024 2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit

Flags: historical tax ledger through 2016 recorded $12K 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.

Bedrooms
4
Bathrooms
2
Stories
3
Interior
2,478 sqft
livable area
Lot
4,481 sqft
Basement
Full, unfinished
city code C
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Average
city code 4
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
granted 2019

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

Run the numbers

What owning 8012 Craig 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.

$362K
20%
6.875%
$1K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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.

Block context

8012 Craig St sits on the 8000 block of Craig St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 8016 Craig St  ·  8018 Craig 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)