Public Records
Edition
Philadelphia1200 block of N Newkirk StRecords pulled July 9, 2026

House report

1265-71 N Newkirk St

4 stories · 8,792 sqft · RM1 · built 2018

Investor / LLC · assessed $1.1M · sold 1×. On the 1200 block of N Newkirk St.

Street view of 1265-71 N Newkirk 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 $1,478/yr reflects a 10-year abatement. It jumps to about $14,792/yr in 2030 — $13,314/yr more. Price the full bill, not the current one.

If you’re the landlord

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

Vlmi Management II LLC · corporate / LLC owner

• Holds an active rental license for this address
• 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
$1.1M
built 2018
Price / sq ft
$120
block $188 · below block
Appreciation
+7342%
+71%/yr, city 6.5%
In 5 years (~2031)
~$1.1M
+71%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.14% effective, abated
Gross yield
Times sold
1
kept in the family

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

$0$1.0M$2.0M2017: Zoning/use 2017: Land $25K2018: Suppression 2018: Plumbing2019: Mechanical 2019: New construction 2019: Electrical 2019: Electrical 2019: Administrative$1.1M201620222027
This houseBlock median & rangeLand buyPermit
The paper trail

Bought for $25K in 2017, built new under a 2017 permit (tax-abated).

  1. 2017 Zoning/usePermit$25KLand buy
  2. 2018 SuppressionPermitPlumbingPermit
  3. 2019 MechanicalPermitNew constructionPermitElectricalPermitElectricalPermitAdministrativePermit

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

The abatement clock

This house pays about $1,478/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$14,792/yr — a step up of $13,314/yr, 3 assessment years out. Drag the slider.

2019: ~$199/yr2020: ~$1,340/yr2021: ~$1,340/yr2022: ~$1,340/yr2023: ~$1,408/yr2024: ~$1,408/yr2025: ~$1,408/yr2026: ~$1,408/yr2027: ~$1,478/yr2028: ~$1,478/yr (projected)2029: ~$1,478/yr (projected)2030: ~$14,792/yr (projected)2031: ~$14,792/yr (projected)201920302031
2027~$1,478/yrfrom the record

now: ($1,056,700 assessed − $951,113 abated) × 1.3998% ≈ $1,478/yr 2030: $1,056,700 assessed × 1.3998% ≈ $14,792/yr Flat 100% exemption (pre-2022 program, started 2020), 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.

Stories
4
Interior
8,792 sqft
livable area
Lot
2,750 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
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 1265-71 N Newkirk 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.

$1.1M
20%
6.875%
$8K/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 (with the abatement toggle above).

Next door: 1261-63 N Newkirk St  ·  1257-59 N Newkirk 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)