New construction
Why it mattersBought for $1.1M in 2016, built new under a 2014 permit (tax-abated), sold for $700K in 2021.
View supporting records →House report
105 Olive St
3 bd · 3 ba · 3 stories · 2,271 sqft · CMX3 · built 2020
Investor / LLC · assessed $662K · sold 3×. On the 100 block of Olive St.
Property summary
Assessment$662KCity assessed value
Last sale$700KRecorded 2021
Est. annual tax$2K/yearAssessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits8Shown in this report
ViolationsNone openNo open L&I cases
What stands out
From the public recordWhat 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.
Assessment/permit mismatch
The assessment jumped 461% in 2023, but no matching permit appears in the property timeline.
Evidence: assessment moved from $117,900 to $661,600 · no permit shown in 2022-2024
Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.
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
The tax bill is temporary
Today's $1,852/yr reflects a 10-year abatement. It steps up every year and reaches about $9,261/yr in 2033 — $7,409/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
105 Olive Street 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 record to dig into any number.
Assessed value
$662K
built 2020
Price / sq ft
$291
block $317 · below block
Appreciation
+461%
+21%/yr, city 6.5%
In 5 years (~2031)
~$669K
+21%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.28% effective, abated
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
—
Times sold
3
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleLand buyPermit
The paper trail
New constructionBought for $1.1M in 2016, built new under a 2014 permit (tax-abated), sold for $700K in 2021.
- 2014 Zoning/usePermit
- 2016 $1.1MLand buy
- 2017 $1.3MLand buy
- 2018 New constructionPermitZoning admin reviewPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit
- 2019 New ConstructionPermitElectricalPermit
- 2021 $700KSold
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 $1,852/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$9,261/yr — a step up of $7,409/yr, 6 assessment years out. Drag the slider.
now: ($661,600 assessed − $529,295 abated) × 1.3998% ≈ $1,852/yr
2033: $661,600 assessed × 1.3998% ≈ $9,261/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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.
Bedrooms
3
Bathrooms
3
Stories
3
Interior
2,271 sqft
livable area
Lot
892 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
CMX3
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 105 Olive 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.
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).
Block context
105 Olive St sits on the 100 block of Olive St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 103 Olive St · 107 Olive St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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.
First time here?
This is 105 Olive St,
on paper.
Built 2020. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)