Public Records
Edition
Philadelphia4000 block of City AveJuly 9, 2026

House report

4040 City Ave

14,000 sqft · CMX3 · built 2007

Investor / LLC · assessed $14M · sold 1×. On the 4000 block of City Ave.

Street view of 4040 City 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 own it

2 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

4040 City LLC · corporate / LLC owner

Nothing beyond the deed name in the assessor's record — ask the AI below to trace this owner citywide.

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
$14M
built 2007
Price / sq ft
$1008
block $585 · above block
Appreciation
+404%
+16%/yr, city 6.5%
In 5 years (~2031)
~$14M
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$198K
1.4% effective
Gross yield
Times sold
1

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

$0$10M$20M2021: Appeal granted2022: Sold $17M2024: 2 L&I violations2025: Sign 2025: Alterations 2025: Addition and/or Alteration 2025: Addition and/or Alterations 2025: Addition and/or Alterations 2025: 3 L&I violations 2025: Addition and/or Alteration 2025: Alterations2026: Appeal withdrawn$14M201620222027
This houseBlock median & rangeSaleL&I violationZoning
The paper trail

built new under a 2025 permit, sold for $17M in 2022.

  1. 2021 Appeal grantedZoning
  2. 2022 $17MSold
  3. 2024 2 L&I violationsL&I
  4. 2025 SignPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationsPermit3 L&I violationsL&IAddition and/or AlterationPermitAlterationsPermit
  5. 2026 Appeal withdrawnZoning

Flags: 2 open L&I violations · 3 zoning/board appeals 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.

Interior
14,000 sqft
livable area
Lot
24,010 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
A
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
3
withdrawn 2026

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

Run the numbers

What owning 4040 City 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.

$17M
20%
6.875%
$102K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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.

Next door: 4020 City Ave  ·  4060 City Ave

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)