Public Records
Edition
Philadelphia4000 block of Fairmount AveRecords pulled July 9, 2026

House report

4017 Fairmount Ave

3 stories · 2,502 sqft · RM1 · built 2023

Investor / LLC · assessed $564K · sold 1×. On the 4000 block of Fairmount Ave.

Street view of 4017 Fairmount Ave
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 $3,576/yr reflects a 10-year abatement. It steps up every year and reaches about $7,888/yr in 2036 — $4,312/yr more. Price the full bill, not the current one.

If you own it

$3,726 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.

Construction next door (4015 Fairmount Ave, 2026)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

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

Stead Holdings LLC · corporate / LLC owner

• Owns 7 properties across Philadelphia under this name, assessed at $1.5M 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 analyst below to dig into any number.

Assessed value
$564K
built 2023
Price / sq ft
$225
block $224 · in line w/ block
Appreciation
+11400%
+54%/yr, city 6.5%
In 5 years (~2031)
~$579K
+54%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.63% 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$500K$1.0MBefore this chart — 2007: 2 L&I violations 2012: 2 L&I violations 2013: 4 L&I violations2021: Land $21K2022: New construction, addition, GFA change 2022: New Construction2023: New Construction or Additions 2023: New Construction 2023: New Construction 2023: New Construction 2023: L&I violation$564K201620222027
This houseBlock median & rangeLand buyL&I violationPermit
The paper trail

Bought for $21K in 2021, built new under a 2022 permit (tax-abated).

  1. 2007 2 L&I violationsL&I
  2. 2012 2 L&I violationsL&I
  3. 2013 4 L&I violationsL&I
  4. 2021 $21KLand buy
  5. 2022 New construction, addition, GFA changePermitNew ConstructionPermit
  6. 2023 New Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitL&I violationL&I

Flags: tax-abated — the bill lags real value · active rental license · $4K back taxes (1997–2016, $2K of it interest & penalties, lien filed). Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $3,576/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$7,888/yr — a step up of $4,312/yr, 9 assessment years out. Drag the slider.

2016: ~$69/yr2017: ~$109/yr2018: ~$109/yr2019: ~$109/yr2020: ~$109/yr2021: ~$109/yr2022: ~$109/yr2023: ~$325/yr2024: ~$325/yr2025: ~$745/yr2026: ~$3,737/yr2027: ~$3,576/yr2028: ~$4,055/yr (projected)2029: ~$4,534/yr (projected)2030: ~$5,013/yr (projected)2031: ~$5,492/yr (projected)2032: ~$5,972/yr (projected)2033: ~$6,451/yr (projected)2034: ~$6,930/yr (projected)2035: ~$7,409/yr (projected)2036: ~$7,888/yr (projected)2037: ~$7,888/yr (projected)201620362037
2027~$3,576/yrfrom the record

now: ($563,500 assessed − $308,035 abated) × 1.3998% ≈ $3,576/yr 2036: $563,500 assessed × 1.3998% ≈ $7,888/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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.

Stories
3
Interior
2,502 sqft
livable area
Lot
1,125 sqft
Basement
Full, finished
city code A
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
RM1
city zoning code

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

Run the numbers

What owning 4017 Fairmount 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.

$564K
20%
6.875%
$4K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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 (with the abatement toggle above).

Next door: 4015 Fairmount Ave  ·  4019 Fairmount Ave

Where this comes from

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; the masthead date is when this page's records were last pulled. 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)