Torn down & rebuilt
Why it mattersOld house bought for $105K in 2020, demolished in 2018 and rebuilt (2020).
View supporting records →Multi-family report
3913 Fairmount Ave
3 stories · 3,699 sqft · RSA5 · built 2023
Investor / LLC · assessed $862K · 3 licensed units · sold 1×. On the 3900 block of Fairmount Ave.
Property summary
Assessment$862KCity assessed value
Last sale$105KRecorded 2020
Est. annual tax$12K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits7Dated events in report
ViolationsNone openNone open when assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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Question or correct this record
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Historical tax record
Verify the current balance before relying on it.
The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.
A separate historical parcel ledger ending in 2016 records $10K and a lien entry. It is shown as historical context only.
Verify current balance with Philadelphia Revenue →What stands out
From the public recordRecords to verify together
Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.
Assessment/permit mismatch
The assessment jumped 1721% in 2027, but no matching permit appears in the property timeline.
Evidence: assessment moved from $47,300 to $861,500 · no permit shown in 2026-2028
Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.
Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.
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
3 units in RSA5, a single-family district
The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as 3 rents.
If you own it
$9,615 in the historical tax ledger through 2016
Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.
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
3913 Fairmount Ave LLC · corporate / LLC owner
• Tax bills mail to 6 Stephenville Parkway, Edison NJ, 08820 — outside Philadelphia
• Holds an active rental license for this address
The investment read
How this building 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
$862K
built 2023
Price / sq ft
$233
block $108 · above block
Appreciation
+1603%
+29%/yr, city 6.5%
In 5 years (~2031)
~$874K
+29%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$12K
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
1.5%
≈$1K/mo rent
Times sold
1
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeLand buyTeardownPermit
The paper trail
Torn down & rebuiltOld house bought for $105K in 2020, demolished in 2018 and rebuilt (2020).
- 2018 DemolishedTeardown3 L&I violationsL&IInspection passedL&I visit
- 2020 Appeal grantedZoningZoning/usePermit$105KLand buy
- 2021 New ConstructionPermit
- 2022 New ConstructionPermitNew ConstructionPermitRough-InPermitNew Construction or AdditionsPermitNew ConstructionPermit
Flags: active rental license · historical tax ledger through 2016 recorded $10K with a lien entry · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).
The house, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Stories
3
Interior
3,699 sqft
livable area
Lot
1,440 sqft
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
Zoning appeals
1
granted 2020
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 3913 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 3 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.
Block context
3913 Fairmount Ave sits on the 3900 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 3911 Fairmount Ave · 3915 Fairmount Ave
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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)