Mixed-use report

2449 Fairmount Ave

2,819 sqft · CMX2.5 · built 1920

Owner-occupied · assessed $736K · sold 1×. On the 2400 block of Fairmount Ave.

Street view of 2449 Fairmount Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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

Built 1920: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

If you own it

$1,399/yr may be unclaimed

This home reads owner-occupied but shows no Homestead Exemption, which removes $100,000 from the taxable assessment (worth up to $1,399/yr). Applying through the City is free and takes minutes.

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 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 record to dig into any number.

Assessed value
$736K
built 1920
Price / sq ft
$261
block $345 · below block
Appreciation
+101%
+7%/yr, city 6.5%
In 5 years (~2031)
~$738K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$10K
1.4% effective
Gross yield
3.3%
≈$2K/mo rent
Times sold
1

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

$0$500K$1.0MBefore this chart — 2008: Electrical 2010: 2 L&I violations 2010: L&I: 2 failed, 2 passed2017: Use 2017: Sold $678K 2017: Electrical 2017: Use2018: Major alteration 2018: Plumbing2022: 4 L&I violations 2022: Inspection failed ×22023: Inspection passed$736K201620222027
This houseBlock median & rangeSaleL&I violationPermitInspection

The paper trail

Bought for $678K in 2017. Owner pulled a plumbing permit in 2018.

  1. 2008 ElectricalPermit
  2. 2010 2 L&I violationsL&IL&I: 2 failed, 2 passedL&I visit
  3. 2017 UsePermit$678KSoldElectricalPermitUsePermit
  4. 2018 Major alterationPermitPlumbingPermit
  5. 2022 4 L&I violationsL&IInspection failed ×2L&I visit
  6. 2023 Inspection passedL&I visit

Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Interior
2,819 sqft
livable area
Lot
1,309 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX2.5
city zoning code

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

Run the numbers

What owning 2449 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.

$736K
20%
6.875%
$2K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — 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.

Block context

2449 Fairmount Ave sits on the 2400 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2447 Fairmount Ave  ·  2451 Fairmount Ave

Where this comes from

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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)