Torn down & rebuilt
Why it mattersdemolished and rebuilt (2012).
View supporting records →Multi-family report
1921-29 Fairmount Ave
4 stories · 19,000 sqft · CMX2 · built 2011
Investor / LLC · assessed $4.6M · 25 licensed units · sold 1×. On the 1900 block of Fairmount Ave.
Property summary
Assessment$4.6MCity assessed value
Last sale$1.3MRecorded 2011
Est. taxes$65K/yearAnnual city record
Permits8Shown in this report
ViolationsNone openNo open L&I cases
What stands out
From the public recordWhat 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 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
1921-29 Fairmount Ave LP · corporate / LLC owner
• Tax bills mail to 2048 A Fairmount Ave, Philadelphia PA, 19130
• Holds an active rental license for this address
The investment read
How this building 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
$4.6M
built 2011
Price / sq ft
$243
block $324 · below block
Appreciation
+18%
+2%/yr, city 6.5%
In 5 years (~2031)
~$4.6M
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$65K
1.4% effective
Gross yield
0.4%
≈$1K/mo rent
Times sold
1
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangePermit
The paper trail
Torn down & rebuiltdemolished and rebuilt (2012).
- 2011 Inspection passedL&I visit
- 2012 Appeal granted with conditionsZoningMechanicalPermitElectricalPermitSuppressionPermitZoning/usePermitMajor alterationPermitElectricalPermitPlumbingPermit2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit
- 2026 Change of UsePermit
Flags: active rental license · 2 zoning/board appeals 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.
Stories
4
Interior
19,000 sqft
livable area
Lot
12,139 sqft
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
A-
assessor's grade
ABCDE
Zoning
CMX2
city zoning code
Zoning appeals
2
granted with conditions 2012
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 1921-29 Fairmount Ave takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 25 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2011) a 30-year mortgage ran about 4.45% — 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, $17,500/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.
Block context
1921-29 Fairmount Ave sits on the 1900 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1931-39 Fairmount Ave · 1901-19 Fairmount Ave
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
- Back taxes & liens — Real Estate Tax Balances, Dept. of 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
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.
First time here?
This is 1921-29 Fairmount Ave,
on paper.
Built 2011. 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)