Public Records
Edition
Philadelphia2900 block of Grant AveJuly 9, 2026

House report

2900 Grant Ave

1 story · 166,815 sqft · I1 · built 2022

Investor / LLC · assessed $25M · sold 4×. On the 2900 block of Grant Ave.

Street view of 2900 Grant 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 $70,052/yr reflects a 10-year abatement. It jumps to about $350,262/yr in 2032 — $280,210/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, within one family. 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 own it

$83,895 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place — an owner-occupant agreement also stops the sheriff-sale track.

Construction next door (2901 Grant Ave, 2024)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

2900 Grant Avenue Commerce, LLC · corporate / LLC owner

• The last transfer was a nominal/family deed, not an open-market sale

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
$25M
built 2022
Price / sq ft
$150
block $150 · in line w/ block
Appreciation
+467%
+34%/yr, city 6.5%
In 5 years (~2031)
~$25M
+34%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$70K
0.28% effective, abated
Gross yield
Times sold
4
kept in the family

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

$0$25M$50M2019: Land $10M2021: Demolished2023: L&I violation2024: Addition and/or Alteration2025: New construction, addition, GFA change 2025: Addition and/or Alteration 2025: Addition and/or Alterations 2025: Addition and/or Alteration 2025: New Construction 2025: New Construction 2025: New Construction2026: L&I violation$25M201620222027
This houseBlock median & rangeLand buyTeardownL&I violationPermit
The paper trail

Old house bought for $10M in 2019, demolished in 2021 and rebuilt (2024).

  1. 2019 $10MLand buy
  2. 2021 DemolishedTeardown
  3. 2023 L&I violationL&I
  4. 2024 Addition and/or AlterationPermit
  5. 2025 New construction, addition, GFA changePermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermit
  6. 2026 L&I violationL&I

Flags: tax-abated — the bill lags real value · $84K back taxes · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $70,052/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$350,262/yr — a step up of $280,210/yr, 5 assessment years out. Drag the slider.

2021: ~$61,791/yr2022: ~$65,382/yr2023: ~$65,382/yr2024: ~$65,382/yr2025: ~$65,382/yr2026: ~$65,382/yr2027: ~$70,052/yr2028: ~$70,052/yr (projected)2029: ~$70,052/yr (projected)2030: ~$70,052/yr (projected)2031: ~$70,052/yr (projected)2032: ~$350,262/yr (projected)2033: ~$350,262/yr (projected)202120322033
2027~$70,052/yrfrom the record

now: ($25,022,300 assessed − $20,017,871 abated) × 1.3998% ≈ $70,052/yr 2032: $25,022,300 assessed × 1.3998% ≈ $350,262/yr Flat 100% exemption (pre-2022 program, started 2022), 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
1
Interior
166,815 sqft
livable area
Lot
1,022,401 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
I1
city zoning code

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

Run the numbers

What owning 2900 Grant 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.

$25M
20%
6.875%
$180K/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: 2901 Grant Ave  ·  2951 Grant 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)