House report

3821 Mount Vernon St

4 bd · 3 stories · 2,025 sqft · RSA5 · built 2022

Investor / LLC · assessed $498K · sold 1×. On the 3800 block of Mount Vernon St.

Street view of 3821 Mount Vernon St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $19K in 2016, built new under a 2021 permit (tax-abated).

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’re buying

The tax bill is temporary

Today's $1,394/yr reflects a 10-year abatement. It steps up every year and reaches about $6,968/yr in 2035 — $5,574/yr more. Price the full bill, not the current one.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). 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’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

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

3821 Mt Vernon LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $546K combined
• Holds an active rental license for this address

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
$498K
built 2022
Price / sq ft
$246
block $156 · above block
Appreciation
+4385%
+41%/yr, city 6.5%
In 5 years (~2031)
~$508K
+41%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
Times sold
1
licensed rental

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

$0$250K$500K2016: Land $19K 2016: 2 L&I violations2017: 4 L&I violations2019: 2 L&I violations2020: 2 L&I violations2021: New construction, addition, GFA change 2021: New Construction 2021: New Construction 2021: New Construction or Additions 2021: New Construction 2021: New Construction 2021: New Construction or Additions$498K201620222027
This houseBlock median & rangeLand buyL&I violationPermit

The paper trail

Bought for $19K in 2016, built new under a 2021 permit (tax-abated).

  1. 2016 $19KLand buy2 L&I violationsL&I
  2. 2017 4 L&I violationsL&I
  3. 2019 2 L&I violationsL&I
  4. 2020 2 L&I violationsL&I
  5. 2021 New construction, addition, GFA changePermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit

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

The abatement clock

This house pays about $1,394/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$6,968/yr — a step up of $5,574/yr, 8 assessment years out. Drag the slider.

2016: ~$155/yr2017: ~$351/yr2018: ~$351/yr2019: ~$351/yr2020: ~$351/yr2021: ~$351/yr2022: ~$351/yr2023: ~$409/yr2024: ~$409/yr2025: ~$1,330/yr2026: ~$1,330/yr2027: ~$1,394/yr2028: ~$2,091/yr (projected)2029: ~$2,788/yr (projected)2030: ~$3,484/yr (projected)2031: ~$4,181/yr (projected)2032: ~$4,878/yr (projected)2033: ~$5,575/yr (projected)2034: ~$6,271/yr (projected)2035: ~$6,968/yr (projected)2036: ~$6,968/yr (projected)201620352036
2027~$1,394/yrfrom the record

now: ($497,800 assessed − $398,214 abated) × 1.3998% ≈ $1,394/yr 2035: $497,800 assessed × 1.3998% ≈ $6,968/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — 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
4
Stories
3
Interior
2,025 sqft
livable area
Lot
1,092 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 3821 Mount Vernon 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.

$498K
20%
6.875%
$4K/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

3821 Mount Vernon St sits on the 3800 block of Mount Vernon St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3819 Mount Vernon St  ·  3823 Mount Vernon St

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)