House report
2040 N 3rd St
4 bd · 3 ba · 3 stories · 1,882 sqft · RM1 · built 2018
Absentee individual · assessed $513K · sold 1×. On the 2000 block of N 3rd St.
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
Today's $1,436/yr reflects a 10-year abatement. It jumps to about $7,184/yr in 2029 — $5,748/yr more. Price the full bill, not the current one.
If you own it
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
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.
Value vs. the block, over time — sales, permits & L&I events marked on the line
Bought for $18K in 2017, built new under a 2018 permit (tax-abated).
- 2008 Inspection failedL&I visit
- 2013 2 L&I violationsL&I
- 2015 2 L&I violationsL&I
- 2016 2 L&I violationsL&I
- 2017 $18KLand buy4 L&I violationsL&I
- 2018 Zoning/usePermitNew constructionPermitSuppressionPermitMechanicalPermitPlumbingPermitElectricalPermit
Flags: tax-abated — the bill lags real value · active rental license · $7K back taxes (1989–2016, $3K of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $1,436/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$7,184/yr — a step up of $5,748/yr, 2 assessment years out. Drag the slider.
now: ($513,200 assessed − $410,614 abated) × 1.3998% ≈ $1,436/yr
2029: $513,200 assessed × 1.3998% ≈ $7,184/yr
Flat 100% exemption (pre-2022 program, started 2019), 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.
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2040 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.
When this house last sold (2018) a 30-year mortgage ran about 4.54% — Freddie Mac's average that year.
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: 2038 N 3rd St · 2042 N 3rd St
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
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.
First time here?
This is 2040 N 3rd St,
on paper.
Built 2018. 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.
Who owns what, what they paid, what they built, what they owe. Scroll and it's all here — the paid part is not the data.
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)