Public Records
Edition
Philadelphia3200 block of Chestnut StJuly 9, 2026

House report

3201 Chestnut St

259,691 sqft · SPINS · built 2009

Absentee individual · assessed $102M. On the 3200 block of Chestnut St.

Street view of 3201 Chestnut St
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 $0/yr reflects a 10-year abatement. It jumps to about $1,429,193/yr by 2026 — $1,429,193/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 own it

3 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

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

University Drexel · absentee owner

• Owns 104 properties across Philadelphia under this name, assessed at $1455M combined

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
$102M
built 2009
Price / sq ft
$393
block $177 · above block
Appreciation
+7%
+1%/yr, city 6.5%
In 5 years (~2031)
~$102M
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
Gross yield
Times sold
0

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

$0$100M$200M2018: Appeal granted with conditions2022: 9 L&I violations2023: 4 L&I violations2025: Addition and/or Alteration 2025: Addition and/or Alterations 2025: 14 L&I violations 2025: Addition and/or Alterations 2025: Addition and/or Alteration 2025: Alterations 2025: Addition and/or Alteration2026: Alterations 2026: Addition and/or Alteration$102M201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

built new under a 2025 permit (tax-abated).

  1. 2018 Appeal granted with conditionsZoning
  2. 2022 9 L&I violationsL&I
  3. 2023 4 L&I violationsL&I
  4. 2025 Addition and/or AlterationPermitAddition and/or AlterationsPermit14 L&I violationsL&IAddition and/or AlterationsPermitAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationPermit
  5. 2026 AlterationsPermitAddition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · 3 open L&I violations · 2 zoning/board appeals on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $0/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$1,429,193/yr — a step up of $1,429,193/yr. Drag the slider.

2016: ~$0/yr2017: ~$0/yr2018: ~$0/yr2019: ~$0/yr2020: ~$0/yr2021: ~$0/yr2022: ~$0/yr2023: ~$0/yr2024: ~$0/yr2025: ~$0/yr2026: ~$0/yr2027: ~$0/yr201620262027
2027~$0/yrfrom the record

now: ($102,099,800 assessed − $102,099,800 abated) × 1.3998% ≈ $0/yr 2026: $102,099,800 assessed × 1.3998% ≈ $1,429,193/yr Flat 100% exemption (pre-2022 program, started 2016), 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.

Interior
259,691 sqft
livable area
Lot
271,467 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
A
assessor's grade
Zoning
SPINS
city zoning code
Zoning appeals
2
granted with conditions 2018

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

Run the numbers

What owning 3201 Chestnut 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.

$102M
20%
6.875%
$735K/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: 3200l Chestnut St  ·  3200l Chestnut St

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)