Public Records
Edition
Philadelphia4900 block of Chestnut StJuly 9, 2026

House report

4902-06 Chestnut St

3 stories · 8,400 sqft · RM1 · built 1930

Investor / LLC · assessed $1.6M. On the 4900 block of Chestnut St.

Street view of 4902-06 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 $7,562/yr reflects a 10-year abatement. It steps up every year and reaches about $22,379/yr in 2035 — $14,817/yr more. Price the full bill, not the current one.

Built 1930: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

If you’re the landlord

Lead certificate is not optional

Built 1930: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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

4902-06 Chestnut LLC · corporate / LLC owner

• 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
$1.6M
built 1930
Price / sq ft
$190
block $147 · above block
Appreciation
+0%
+0%/yr, city 6.5%
In 5 years (~2031)
~$1.6M
+0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$8K
0.47% effective, abated
Gross yield
Times sold
0
licensed rental

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

$0$1.0M$2.0M2023: Tank Install/Removal 2023: Change of Use 2023: Addition and/or Alteration 2023: Addition and/or Alteration 2023: New Construction 2023: Addition and/or Alterations 2023: Alterations 2023: Alterations$1.6M201620222027
This houseBlock median & rangePermit
The paper trail

built new under a 2023 permit (tax-abated).

  1. 2023 Tank Install/RemovalPermitChange of UsePermitAddition and/or AlterationPermitAddition and/or AlterationPermitNew ConstructionPermitAddition and/or AlterationsPermitAlterationsPermitAlterationsPermit

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 $7,562/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$22,379/yr — a step up of $14,817/yr, 8 assessment years out. Drag the slider.

2025: ~$7,559/yr2026: ~$7,559/yr2027: ~$7,562/yr2028: ~$9,414/yr (projected)2029: ~$11,266/yr (projected)2030: ~$13,118/yr (projected)2031: ~$14,971/yr (projected)2032: ~$16,823/yr (projected)2033: ~$18,675/yr (projected)2034: ~$20,527/yr (projected)2035: ~$22,379/yr (projected)2036: ~$22,379/yr (projected)202520352036
2027~$7,562/yrfrom the record

now: ($1,598,700 assessed − $1,058,480 abated) × 1.3998% ≈ $7,562/yr 2035: $1,598,700 assessed × 1.3998% ≈ $22,379/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.

Stories
3
Interior
8,400 sqft
livable area
Lot
5,096 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
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 4902-06 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.

$750K
20%
6.875%
$12K/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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: 4900 Chestnut St  ·  4908 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)