Public Records
Edition
Philadelphia200 block of N 12th StJuly 8, 2026

House report

251 N 12th St

6 stories · 5,540 sqft · CMX4 · built 2019

Absentee individual · assessed $1.3M. On the 200 block of N 12th St.

Street view of 251 N 12th 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 $1,853/yr reflects a 10-year abatement. It jumps to about $18,546/yr in 2031 — $16,693/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.

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
$1.3M
built 2019
Price / sq ft
$239
block $237 · in line w/ block
Appreciation
+1433%
+28%/yr, city 6.5%
In 5 years (~2031)
~$1.3M
+28%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.14% effective, abated
Gross yield
—
Times sold
0
licensed rental

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

$0$1.0M$2.0M2016: Appeal denied2018: Electrical 2018: Plumbing 2018: Mechanical 2018: Plumbing 2018: Administrative2022: Change of Use2023: Certificate of Occupancy (CO) (may inclu…2025: Certificate of Occupancy (CO) (may inclu…$1.3M201620222027
This houseBlock median & rangeZoningPermit
The paper trailNew construction

built new under a 2018 permit (tax-abated).

  1. 2016 Appeal deniedZoning
  2. 2018 ElectricalPermitPlumbingPermitMechanicalPermitPlumbingPermitAdministrativePermit
  3. 2022 Change of UsePermit
  4. 2023 Certificate of Occupancy (CO) (may inclu…Permit
  5. 2025 Certificate of Occupancy (CO) (may inclu…Permit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,853/yr under a 10-year tax abatement. In 2031 the bill reaches its full ~$18,546/yr — a step up of $16,693/yr, 4 assessment years out. Drag the slider.

2016: ~$1,209/yr2017: ~$1,209/yr2018: ~$3,558/yr2021: ~$2,800/yr2022: ~$2,800/yr2023: ~$2,800/yr2024: ~$2,800/yr2025: ~$2,800/yr2026: ~$2,800/yr2027: ~$1,853/yr2028: ~$1,853/yr (projected)2029: ~$1,853/yr (projected)2030: ~$1,853/yr (projected)2031: ~$18,546/yr (projected)2032: ~$18,546/yr (projected)201620312032
2027~$1,853/yrfrom the record

now: ($1,324,900 assessed − $1,192,524 abated) × 1.3998% ≈ $1,853/yr 2031: $1,324,900 assessed × 1.3998% ≈ $18,546/yr Flat 100% exemption (pre-2022 program, started 2021), 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
6
Interior
5,540 sqft
livable area
Lot
1,153 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
CMX4
city zoning code
Zoning appeals
1
denied 2016

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

Run the numbers

What owning 251 N 12th 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.

$1.3M
20%
6.875%
$10K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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: 247-49 N 12th St  ·  245 N 12th 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)