House report

1641 N 3rd St

3 bd · 2 ba · 3 stories · 2,160 sqft · RSA5 · built 2017

Absentee individual · assessed $503K · sold 1×. On the 1600 block of N 3rd St.

Street view of 1641 N 3rd St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $335K in 2016, built new under a 2017 permit (tax-abated).

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

The tax bill is temporary

Today's $1,407/yr reflects a 10-year abatement. It jumps to about $7,034/yr in 2028 — $5,627/yr more. Price the full bill, not the current one.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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
$503K
built 2017
Price / sq ft
$233
block $248 · below block
Appreciation
+7400%
+48%/yr, city 6.5%
In 5 years (~2031)
~$515K
+48%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
3.5%
≈$1K/mo rent
Times sold
1

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

$0$500K$1.0MBefore this chart — 2008: L&I violation2016: 2 L&I violations 2016: Land $335K2017: Zoning/use 2017: New construction 2017: Suppression 2017: Plumbing 2017: Mechanical 2017: Electrical$503K201620222027
This houseBlock median & rangeLand buyPermit

The paper trail

Bought for $335K in 2016, built new under a 2017 permit (tax-abated).

  1. 2008 L&I violationL&I
  2. 2016 2 L&I violationsL&I$335KLand buy
  3. 2017 Zoning/usePermitNew constructionPermitSuppressionPermitPlumbingPermitMechanicalPermitElectricalPermit

Flags: tax-abated — the bill lags real value. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,407/yr under a 10-year tax abatement. In 2028 the bill reaches its full ~$7,034/yr — a step up of $5,627/yr, 1 assessment year out. Drag the slider.

2016: ~$94/yr2017: ~$552/yr2018: ~$1,746/yr2019: ~$1,746/yr2020: ~$1,733/yr2021: ~$1,733/yr2022: ~$1,733/yr2023: ~$1,344/yr2024: ~$1,344/yr2025: ~$1,589/yr2026: ~$1,589/yr2027: ~$1,407/yr2028: ~$7,034/yr (projected)2029: ~$7,034/yr (projected)201620282029
2027~$1,407/yrfrom the record

now: ($502,500 assessed − $401,986 abated) × 1.3998% ≈ $1,407/yr 2028: $502,500 assessed × 1.3998% ≈ $7,034/yr Flat 100% exemption (pre-2022 program, started 2018), 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.

Bedrooms
3
Bathrooms
2
Stories
3
Interior
2,160 sqft
livable area
Lot
1,152 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B-
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 1641 N 3rd 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.

$503K
20%
6.875%
$1K/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 (with the abatement toggle above).

Block context

1641 N 3rd St sits on the 1600 block of N 3rd St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1639 N 3rd St  ·  1643 N 3rd St

Where this comes from

Methodology & freshness

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. 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)