Public Records
Edition
Philadelphia2300 block of Fairmount AveJuly 9, 2026

House report

2333-47 Fairmount Ave

5 stories · 35,236 sqft · CMX2.5 · built 2018

Investor / LLC · assessed $7.8M · sold 2×. On the 2300 block of Fairmount Ave.

Street view of 2333-47 Fairmount Ave
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 $10,892/yr reflects a 10-year abatement. It jumps to about $108,930/yr in 2029 — $98,038/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

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

Loonstyn Holding LP · corporate / LLC owner

• Holds an active rental license for this address

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
$7.8M
built 2018
Price / sq ft
$221
block $278 · below block
Appreciation
+638%
+20%/yr, city 6.5%
In 5 years (~2031)
~$7.9M
+20%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$11K
0.14% effective, abated
Gross yield
Times sold
2
licensed rental

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

$0$5.0M$10MBefore this chart — 2015: Land $2.4M 2015: Land $2.4M2016: Appeal denied2019: Electrical 2019: Plumbing 2019: Major alteration 2019: Plumbing 2019: New Construction2024: Addition and/or Alteration 2024: Alterations 2024: Addition and/or Alteration$7.8M201620222027
This houseBlock median & rangeZoningPermit
The paper trail

Bought for $2.4M in 2015, built new under a 2019 permit (tax-abated).

  1. 2015 $2.4MLand buy$2.4MLand buy
  2. 2016 Appeal deniedZoning
  3. 2019 ElectricalPermitPlumbingPermitMajor alterationPermitPlumbingPermitNew ConstructionPermit
  4. 2024 Addition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $10,892/yr under a 10-year tax abatement. In 2029 the bill reaches its full ~$108,930/yr — a step up of $98,038/yr, 2 assessment years out. Drag the slider.

2016: ~$14,757/yr2017: ~$5,767/yr2018: ~$19,351/yr2019: ~$19,350/yr2020: ~$10,706/yr2021: ~$10,706/yr2022: ~$10,706/yr2023: ~$10,733/yr2024: ~$10,733/yr2025: ~$10,733/yr2026: ~$10,733/yr2027: ~$10,892/yr2028: ~$10,892/yr (projected)2029: ~$108,930/yr (projected)2030: ~$108,930/yr (projected)201620292030
2027~$10,892/yrfrom the record

now: ($7,781,800 assessed − $7,003,689 abated) × 1.3998% ≈ $10,892/yr 2029: $7,781,800 assessed × 1.3998% ≈ $108,930/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.

Stories
5
Interior
35,236 sqft
livable area
Lot
12,356 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A
assessor's grade
Zoning
CMX2.5
city zoning code
Zoning appeals
1
denied 2016

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

Run the numbers

What owning 2333-47 Fairmount Ave 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.

$7.8M
20%
6.875%
$56K/mo
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: 2325-31 Fairmount Ave  ·  2323 Fairmount Ave

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. 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)