House report

1615 Fairmount Ave

4 bd · 3 ba · 3 stories · 2,476 sqft · RM1 · built 1920

Owner-occupied · assessed $746K · sold 5×. On the 1600 block of Fairmount Ave.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

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Street view of 1615 Fairmount Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $85K in 2000, zoning permit in 2008, sold for $740K in 2018 (+771%).

View supporting records →

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

Built 1920: 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.

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 record to dig into any number.

Assessed value
$746K
built 1920
Price / sq ft
$301
block $284 · above block
Appreciation
+50%
+4%/yr, city 6.5%
In 5 years (~2031)
~$747K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$9K
1.21% effective
Jun 2022 tax snapshot
Gross yield
3.4%
≈$2K/mo rent
Times sold
5

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

$0$500K$1.0MBefore this chart — 2000: Sold $85K 2004: Sold $285K 2008: Appeal granted 2008: Zoning 2009: Electrical 2012: 2 L&I violations 2012: Inspection failed ×2 2013: Sold $525K 2013: Inspection passed2018: Sold $740K 2018: Sold $740K$746K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $85K in 2000, zoning permit in 2008, sold for $740K in 2018 (+771%).

  1. 2000 $85KSold
  2. 2004 $285KSold
  3. 2008 Appeal grantedZoningZoningPermit
  4. 2009 ElectricalPermit
  5. 2012 2 L&I violationsL&IInspection failed ×2L&I visit
  6. 2013 $525KSoldInspection passedL&I visit
  7. 2018 $740KSold$740KSold

Flags: 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
4
Bathrooms
3
Stories
3
Interior
2,476 sqft
livable area
Lot
1,800 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B-
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
granted 2008

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

Run the numbers

What owning 1615 Fairmount Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$746K
20%
6.875%
$2K/mo

When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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.

Block context

1615 Fairmount Ave sits on the 1600 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1613 Fairmount Ave  ·  1613 Fairmount Ave

Where this comes from

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.

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