Public Records
Edition
Philadelphia1600 block of Foulkrod StRecords pulled July 9, 2026

House report

1615 Foulkrod St

3 stories · 16,200 sqft · RM1 · built 1935

Investor / LLC · assessed $2.4M · sold 6×. On the 1600 block of Foulkrod St.

Street view of 1615 Foulkrod 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 $3,372/yr reflects a 10-year abatement. It steps up every year and reaches about $33,055/yr in 2035 — $29,683/yr more. Price the full bill, not the current one.

Built 1935: 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 1935: 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

Yarn Lofts LLC · corporate / LLC owner

• Holds an active rental license for this address

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
$2.4M
built 1935
Price / sq ft
$146
block $106 · above block
Appreciation
-4%
-2%/yr, city 6.5%
In 5 years (~2031)
~$2.4M
-2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.14% effective, abated
Gross yield
Times sold
6
licensed rental

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

$0$1.3M$2.5M2018: 4 L&I violations incl UNSAFE STRUCTURE2020: Sold $190K2021: 4 L&I violations 2021: Sold $200K2023: New construction, addition, GFA change 2023: Addition and/or Alteration 2023: Addition and/or Alterations 2023: Addition and/or Alterations 2023: New Construction or Additions 2023: Addition and/or Alteration2024: New Construction or Additions 2024: Certificate of Occupancy (CO) (may inclu…$2.4M201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

Bought for $190K in 2020, built new under a 2023 permit (tax-abated), sold for $200K in 2021.

  1. 2018 4 L&I violations incl UNSAFE STRUCTUREL&I
  2. 2020 $190KSold
  3. 2021 4 L&I violationsL&I$200KSold
  4. 2023 New construction, addition, GFA changePermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationsPermitNew Construction or AdditionsPermitAddition and/or AlterationPermit
  5. 2024 New Construction or AdditionsPermitCertificate of Occupancy (CO) (may inclu…Permit

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

The abatement clock

This house pays about $3,372/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$33,055/yr — a step up of $29,683/yr, 8 assessment years out. Drag the slider.

2025: ~$3,508/yr2026: ~$3,508/yr2027: ~$3,372/yr2028: ~$7,082/yr (projected)2029: ~$10,793/yr (projected)2030: ~$14,503/yr (projected)2031: ~$18,214/yr (projected)2032: ~$21,924/yr (projected)2033: ~$25,634/yr (projected)2034: ~$29,345/yr (projected)2035: ~$33,055/yr (projected)2036: ~$33,055/yr (projected)202520352036
2027~$3,372/yrfrom the record

now: ($2,361,400 assessed − $2,120,508 abated) × 1.3998% ≈ $3,372/yr 2035: $2,361,400 assessed × 1.3998% ≈ $33,055/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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.

Stories
3
Interior
16,200 sqft
livable area
Lot
14,863 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RM1
city zoning code

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

Run the numbers

What owning 1615 Foulkrod 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.

$2.4M
20%
6.875%
$17K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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).

Next door: 1617 Foulkrod St  ·  1611-13 Foulkrod St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. 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)