Multi-family report

2431 N Hancock St

8 bd8 ba3 stories4,030 sqftRSA5built 2023

Property at a glanceMulti-family

Entity-held

2026 assessment
$939K OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$1.0M$2.0MZIP 19133 (Fairhill · West Kensington) median$1.1M2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19133 (Fairhill · West Kensington) medianAssessmentLand buyPermit

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record12 events · exact dates, newest first
  1. PermitNew Construction or Additions
  2. PermitNew Construction or Additions
  3. PermitNew Construction
  4. PermitNew Construction
  5. PermitNew Construction
  6. PermitNew Construction
  7. PermitNew Construction
  8. PermitNew construction, addition, GFA change
  9. Land buyLand record $93K
  10. PermitZoning/use
  11. Land buyLand record $20K
  12. Land buyLand record $65K

Flags: material assessment exemption; legal basis and term unverified · historical tax ledger through 2016 recorded $2K with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$2,629/year estimated property tax

2026 taxable assessment $187,800 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $1,136,800. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 191088300
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $187,800 of $938,900 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Historical delinquency sources Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $1,978.74 and a lien entry. It is shown as historical context only.

1982$176.05 total · $45.39 principal · $119.14 interest · $3.17 penalty1983$219.99 total · $57.77 principal · $148.18 interest · $4.04 penalty1984$225.14 total · $60.18 principal · $150.75 interest · $4.21 penalty1985$221.53 total · $60.18 principal · $147.14 interest · $4.21 penalty1986$197.09 total · $54.15 principal · $129.15 interest · $3.79 penalty1987$188.64 total · $52.62 principal · $122.34 interest · $3.68 penalty1988$175.16 total · $49.52 principal · $112.17 interest · $3.47 penalty2001$43.66 total · $15.20 principal · $20.74 interest · $1.06 penalty2002$42.06 total · $15.20 principal · $19.38 interest · $1.06 penalty2003$104.52 total · $30.41 principal · $36.04 interest · $2.13 penalty2004$101.29 total · $30.41 principal · $33.30 interest · $2.13 penalty2009$85.15 total · $30.41 principal · $19.62 interest · $2.13 penalty2010$81.92 total · $30.41 principal · $16.88 interest · $2.13 penalty2014$116.54 total · $78.07 principal · $15.23 interest · $5.46 penalty

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$2,629/year

$187,800 taxable basis

Difference to verify+$10,514/year
If the full assessment were taxable ~$13,143/year

$938,900 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($938,900 assessed − $751,100 exempt) × 1.3998% ≈ $2,629/year Full-assessment scenario: $938,900 × 1.3998% ≈ $13,143/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
8
Bathrooms
8
Stories
3
Interior
4,030 sqft livable area
Lot
1,665 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
Newer construction city code 1
Newer construction
Interior condition
Newer construction city code 1
Newer construction
Zoning
RSA5 city zoning code

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

Recorded owner

Who's behind it

Kensington Home Propertie · corporate / LLC owner

• Tax bills mail to 2705 Avenue I, Brooklyn NY, 11210 — outside Philadelphia

Block context

2400 block of N Hancock St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 2429 N Hancock St  ·  2433 N Hancock St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 12 dated rows
  1. PermitNew Construction or Additions

    Permit PP-2021-024824 · Completed

    New construction, interior plumbing. +All proposed work to be done in accordance with Philadelphia Plumbing Code 2018.

  2. PermitNew Construction or Additions

    Permit PP-2022-002588 · Completed

    Installing 1 1/2" Water Service, 5" Curb Trap, 4" Main Drain, 4" Fresh Air Inlet AS PER PPC 2018

  3. PermitNew Construction

    Permit EP-2022-000506 · Completed

    INSTALL A 400 AMP SERVICE, (5) GANG METER BANK, (4) 125 AMP PANEL & FEEDER, (1) 60 AMP PANEL & FEEDER. INSTALL WIRING THROUGHOUT THE COMMON AREAS AND FOUR DWELLING UNITS. INSTALL LIGHTS, SWITCHES, SENSORS AND RECEPTACLES. PROVIDE POWER FOR THE MECHANICAL AND HVC EQUIPMENT. ALL WORK IN ACCORDANCE WITH THE 2017 NEC. * NO FIRE ALARM WORK ON THIS PERMIT.

  4. PermitNew Construction

    Permit EP-2021-015803 · Completed

    Install a new fire alarm system throughout the three dwelling units and common areas. All work in accordance with the 2017 nec & 2016 nfpa-72.

  5. PermitNew Construction

    Permit FP-2021-003384 · Completed

    NSTALLATION OF AN AUTOMATIC FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13 WITH A FIRE DEPARTMENT CONNECTION, BACKKFLOW PREVENTION DEVICE AND 2" SERVICE LINE, THROUGHOUT A THREE (3) STORY STRUCTURE. SEPARATE PERMIT REQUIRE FOR ALL PLUMBING WORK

  6. PermitNew Construction

    Permit MP-2021-006157 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. New Duct work installation,(40)Diffusers/Registers.each unit with 50,000 BTU Furnace. AC and Coil 2.5 ton 13 seer. outdoor unit will be installed in the backyard

  7. PermitNew Construction

    Permit CP-2021-001385 · Completed

    For the erection of an attached structure with roof deck and roof deck access structure (roof decks for individual dwelling units); for use as a four (4) family dwelling. Entire building to be sprinklered per NFPA 13 (Exterior Wall Openings). Separate permit required for any MEP and fire suppression work.

  8. PermitNew construction, addition, GFA change

    Permit ZP-2020-009149 · Completed

    FOR THE ERECTION OF AN ATTACHED BUILDING WITH ROOF DECK AND ROOF DECK ACCESS STRUCTURES. SIZE AND LOCATION AS SHOWN ON PLANS.

  9. Land recordLand record

    2019

  10. PermitZoning/use

    Permit 871546 · COMPLETED

    FOR THE ERECTION OF A (2) 4 STORY STRUCTURES PLUS CELLAR(S) TO CONTAIN 4 DWELLING UNITS TOTAL WITH PRIVATE ROOF DECK(S) ACCESSED BY PILOT HOUSE(S),AS PER PLANS.

  11. Land recordLand record

    2018

  12. Land recordLand record

    2018

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 11:44 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)