Public Records
Edition
Philadelphia4500 block of Chestnut StJuly 9, 2026

House report

4519-45 Chestnut St

6 stories · 76,614 sqft · CMX3 · built 2022

Absentee individual · assessed $70M. On the 4500 block of Chestnut St.

Street view of 4519-45 Chestnut St
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 $98,223/yr reflects a 10-year abatement. It jumps to about $982,230/yr by 2026 — $884,007/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. 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.

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
$70M
built 2022
Price / sq ft
$916
block $104 · above block
Appreciation
+6188%
+46%/yr, city 6.5%
In 5 years (~2031)
~$72M
+46%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$98K
0.14% effective, abated
Gross yield
Times sold
0
kept in the family

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

$0$50M$100M2022: New Construction2023: Demolished 2023: Addition and/or Alterations 2023: L&I violation 2023: Signs (Accessory / Non-Accessory) 2023: Sign 2023: Appeal withdrawn2025: Addition and/or Alteration 2025: Alterations 2025: 4 L&I violations 2025: Addition and/or Alteration2026: 2 L&I violations$70M201620222027
This houseBlock median & rangeTeardownL&I violationPermit
The paper trail

demolished in 2023 and rebuilt (2022).

  1. 2022 New ConstructionPermit
  2. 2023 DemolishedTeardownAddition and/or AlterationsPermitL&I violationL&ISigns (Accessory / Non-Accessory)PermitSignPermitAppeal withdrawnZoning
  3. 2025 Addition and/or AlterationPermitAlterationsPermit4 L&I violationsL&IAddition and/or AlterationPermit
  4. 2026 2 L&I violationsL&I

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $98,223/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$982,230/yr — a step up of $884,007/yr. Drag the slider.

2016: ~$0/yr2017: ~$0/yr2018: ~$0/yr2019: ~$0/yr2020: ~$0/yr2021: ~$0/yr2022: ~$0/yr2023: ~$98,223/yr2024: ~$98,223/yr2025: ~$98,223/yr2026: ~$98,223/yr2027: ~$98,223/yr201620262027
2027~$98,223/yrfrom the record

now: ($70,169,300 assessed − $63,152,369 abated) × 1.3998% ≈ $98,223/yr 2026: $70,169,300 assessed × 1.3998% ≈ $982,230/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.

Stories
6
Interior
76,614 sqft
livable area
Lot
66,816 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A-
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
1
withdrawn 2023

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

Run the numbers

What owning 4519-45 Chestnut 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.

$70M
20%
6.875%
$505K/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).

Next door: 4501-17 Chestnut St  ·  4508-38 Chestnut St

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)