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

House report

1948 N 3rd St

3 bd · 3 stories · 1,722 sqft · RM1 · built 2021

Absentee individual · assessed $487K. On the 1900 block of N 3rd St.

Street view of 1948 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 $1,362/yr reflects a 10-year abatement. It steps up every year and reaches about $6,811/yr in 2035 — $5,449/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.

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 analyst below to dig into any number.

Assessed value
$487K
built 2021
Price / sq ft
$283
block $265 · above block
Appreciation
+11216%
+54%/yr, city 6.5%
In 5 years (~2031)
~$500K
+54%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
3.6%
≈$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$1.0MBefore this chart — 2008: L&I violation2019: 2 L&I violations2021: New construction, addition, GFA change 2021: New Construction 2021: New Construction or Additions 2021: New Construction 2021: New Construction 2021: New Construction2022: Change of Use$487K201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

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

  1. 2008 L&I violationL&I
  2. 2019 2 L&I violationsL&I
  3. 2021 New construction, addition, GFA changePermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermit
  4. 2022 Change of UsePermit

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

The abatement clock

This house pays about $1,362/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$6,811/yr — a step up of $5,449/yr, 8 assessment years out. Drag the slider.

2016: ~$60/yr2017: ~$238/yr2018: ~$238/yr2019: ~$238/yr2020: ~$238/yr2021: ~$238/yr2022: ~$238/yr2023: ~$1,439/yr2024: ~$1,439/yr2025: ~$1,386/yr2026: ~$1,386/yr2027: ~$1,362/yr2028: ~$2,043/yr (projected)2029: ~$2,724/yr (projected)2030: ~$3,405/yr (projected)2031: ~$4,087/yr (projected)2032: ~$4,768/yr (projected)2033: ~$5,449/yr (projected)2034: ~$6,130/yr (projected)2035: ~$6,811/yr (projected)2036: ~$6,811/yr (projected)201620352036
2027~$1,362/yrfrom the record

now: ($486,600 assessed − $389,300 abated) × 1.3998% ≈ $1,362/yr 2035: $486,600 assessed × 1.3998% ≈ $6,811/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
Stories
3
Interior
1,722 sqft
livable area
Lot
743 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 1948 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.

$487K
20%
6.875%
$1K/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: 1946 N 3rd St  ·  1950 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)