House report

3116 N Park Ave

Vacant · assessed $51K · sold 3×. On the 3100 block of N Park Ave.

Street view of 3116 N Park Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $10K in 2004, zoning permit in 2009, sold for $600K in 2023 (+5900%).

View supporting records →
Finding

No interior square footage on file

Why it matters

The record carries a $51K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.

View supporting records →
Finding

Assessment and sale price disagree hard

Why it matters

Assessed at $51K, but it traded for $600,000 in 2023 — a 11.9× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

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 own it

$825 in back taxes on record

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.

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
$51K
Price / sq ft
block $86 ·
Appreciation
+728%
+21%/yr, city 6.5%
In 5 years (~2031)
~$51K
+21%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$707
1.4% effective
Gross yield
Times sold
3

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

$0$100K$200KBefore this chart — 2004: Sold $10K 2004: Sold $10K 2009: Zoning2023: Sold $600K$51K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $10K in 2004, zoning permit in 2009, sold for $600K in 2023 (+5900%).

  1. 2004 $10KSold$10KSold
  2. 2009 ZoningPermit
  3. 2023 $600KSold

Flags: $825 back taxes (2010–2016, $141 of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

No interior square footage on file

The record carries a $51K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.

Assessment and sale price disagree hard

Assessed at $51K, but it traded for $600,000 in 2023 — a 11.9× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Run the numbers

What owning 3116 N Park 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.

$600K
20%
6.875%
$700/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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

3116 N Park Ave sits on the 3100 block of N Park Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3114 N Park Ave  ·  3118 N Park 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)