Torn down & rebuilt
Why it mattersOld house bought for $110K in 2020, demolished and rebuilt (2019), then sold for $450K in 2021.
View supporting records →House report
2126 Fernon St
3 bd · 3 ba · 3 stories · 1,320 sqft · RSA5 · built 2020
Absentee individual · assessed $418K · sold 5×. On the 2100 block of Fernon St.
Property summary
Assessment$418KCity assessed value
Last sale$450KRecorded 2021
Est. taxes$1K/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 buying
The tax bill is temporary
Today's $1,170/yr reflects a 10-year abatement. It steps up every year and reaches about $5,850/yr in 2033 — $4,680/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
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 record to dig into any number.
Assessed value
$418K
built 2020
Price / sq ft
$317
block $261 · above block
Appreciation
+516%
+18%/yr, city 6.5%
In 5 years (~2031)
~$422K
+18%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
3.9%
≈$1K/mo rent
Times sold
5
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSaleLand buyPermit
The paper trail
Torn down & rebuiltOld house bought for $110K in 2020, demolished and rebuilt (2019), then sold for $450K in 2021.
- 2019 Zoning/usePermit
- 2020 New ConstructionPermit$110KLand buyL&I violationL&INew ConstructionPermitAddition and/or AlterationsPermitNew ConstructionPermit
- 2021 New Construction or AdditionsPermitNew construction, addition, GFA changePermitInspection passedL&I visit$450KSoldAddition and/or AlterationPermit
Flags: tax-abated — the bill lags real value · active rental license · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $1,170/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$5,850/yr — a step up of $4,680/yr, 6 assessment years out. Drag the slider.
now: ($417,900 assessed − $334,317 abated) × 1.3998% ≈ $1,170/yr
2033: $417,900 assessed × 1.3998% ≈ $5,850/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
3
Stories
3
Interior
1,320 sqft
livable area
Lot
658 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
Quality grade
C
assessor's grade
ABCDE
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 2126 Fernon 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 (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).
Block context
2126 Fernon St sits on the 2100 block of Fernon St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2124 Fernon St · 2128 Fernon 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
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 2126 Fernon St,
on paper.
Built 2020. 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)