Public Records
Edition
Philadelphia1900 block of N 3rd StRecords pulled July 9, 2026

Multi-family report

1934 N 3rd St

6 bd · 6 ba · 4 stories · 2,308 sqft · RM1 · built 2023

Investor / LLC · assessed $612K · 2 licensed units. On the 1900 block of N 3rd St.

Street view of 1934 N 3rd St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

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 $4,168/yr reflects a 10-year abatement. It steps up every year and reaches about $8,564/yr in 2036 — $4,396/yr more. Price the full bill, not the current one.

If you own it

$5,829 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

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

Sophia Holdings LLC · corporate / LLC owner

• Owns 8 properties across Philadelphia under this name, assessed at $2.9M combined
• Tax bills mail to 1363 Buttonwood Dr, Southampton PA, 18966 — outside Philadelphia
• 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 analyst below to dig into any number.

Assessed value
$612K
built 2023
Price / sq ft
$265
block $265 · in line w/ block
Appreciation
+13496%
+56%/yr, city 6.5%
In 5 years (~2031)
~$629K
+56%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.68% effective, abated
Gross yield
2.8%
≈$1K/mo rent
Times sold
0
licensed rental

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

$0$500K$1.0M2021: 2 L&I violations 2021: Inspection failed 2021: New construction, addition, GFA change2022: New Construction 2022: New Construction 2022: New Construction or Additions 2022: New Construction or Additions 2022: 6 L&I violations 2022: L&I: 3 failed, 1 passed 2022: New Construction 2022: New Construction 2022: New Construction or Additions$612K201620222027
This houseBlock median & rangeL&I violation
The paper trail

built new under a 2021 permit (tax-abated).

  1. 2021 2 L&I violationsL&IInspection failedL&I visitNew construction, addition, GFA changePermit
  2. 2022 New ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew Construction or AdditionsPermit6 L&I violationsL&IL&I: 3 failed, 1 passedL&I visitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit

Flags: tax-abated — the bill lags real value · active rental license · $6K back taxes (1978–2016, $3K of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $4,168/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$8,564/yr — a step up of $4,396/yr, 9 assessment years out. Drag the slider.

2016: ~$63/yr2017: ~$248/yr2018: ~$248/yr2019: ~$248/yr2020: ~$248/yr2021: ~$248/yr2022: ~$248/yr2023: ~$1,466/yr2024: ~$1,466/yr2025: ~$1,330/yr2026: ~$3,558/yr2027: ~$4,168/yr2028: ~$4,656/yr (projected)2029: ~$5,145/yr (projected)2030: ~$5,633/yr (projected)2031: ~$6,122/yr (projected)2032: ~$6,610/yr (projected)2033: ~$7,099/yr (projected)2034: ~$7,587/yr (projected)2035: ~$8,076/yr (projected)2036: ~$8,564/yr (projected)2037: ~$8,564/yr (projected)201620362037
2027~$4,168/yrfrom the record

now: ($611,800 assessed − $314,043 abated) × 1.3998% ≈ $4,168/yr 2036: $611,800 assessed × 1.3998% ≈ $8,564/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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
6
Bathrooms
6
Stories
4
Interior
2,308 sqft
livable area
Lot
770 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
RM1
city zoning code

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

Run the numbers

What owning 1934 N 3rd St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 2 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.

$612K
20%
6.875%
$2K/mo

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).

Next door: 1932 N 3rd St  ·  1936 N 3rd St

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)