House report

3603 Fairmount Ave

3 bd · 1 ba · 2 stories · 1,500 sqft · RSA3 · built 1935

Owner-occupied · assessed $169K. On the 3600 block of Fairmount Ave.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

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Street view of 3603 Fairmount Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

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

The current tax estimate is temporary

The taxable assessment implies about $277/yr under a 10-year abatement. It jumps to about $2,363/yr by 2026 — $2,086/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

Built 1935: 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.

Zoned RSA3: one household by right

Single-family attached. Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

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

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2026 it can — knocking about $1,400/yr off the full bill.

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
$169K
built 1935
Price / sq ft
$113
block $113 · in line w/ block
Appreciation
+135%
+8%/yr, city 6.5%
In 5 years (~2031)
~$169K
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$277
0.16% effective, abated
Jun 2022 tax snapshot
Gross yield
12.6%
≈$2K/mo rent
Times sold
0

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

$0$125K$250K$169K201620222027
This houseBlock median & range

Flags: tax-abated — the bill lags real value. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $277/yr under a 10-year tax abatement. By 2026 the assessment-based estimate reaches ~$2,363/yr — a step up of $2,086/yr. Drag the slider.

2016: ~$277/yr2017: ~$277/yr2018: ~$277/yr2019: ~$277/yr2020: ~$277/yr2021: ~$277/yr2022: ~$277/yr2023: ~$277/yr2024: ~$277/yr2025: ~$277/yr2026: ~$277/yr2027: ~$277/yr201620262027
2027~$277/yrestimated from assessment

now: ($168,800 assessed − $149,011 abated) × 1.3998% ≈ $277/yr 2026: $168,800 assessed × 1.3998% ≈ $2,363/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.

Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,500 sqft
livable area
Lot
1,600 sqft
Basement
Full
city code D
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RSA3
city zoning code

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

Run the numbers

What owning 3603 Fairmount Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$169K
20%
6.875%
$2K/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).

Block context

3603 Fairmount Ave sits on the 3600 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3601 Fairmount Ave  ·  3605 Fairmount Ave

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)