Public Records
Edition
Philadelphia500 block of Fairmount AveRecords pulled July 9, 2026

House report

509 Fairmount Ave

4 stories · 2,772 sqft · RSA5 · built 1920

Owner-occupied · assessed $912K · sold 1×. On the 500 block of Fairmount Ave.

Street view of 509 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 $9,251/yr reflects a 10-year abatement. It jumps to about $12,765/yr by 2026 — $3,514/yr more. Price the full bill, not the current one.

Built 1920: 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.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

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 own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2026 it can — knocking about $1,400/yr off the full bill.

$5,071 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.

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 record to dig into any number.

Assessed value
$912K
built 1920
Price / sq ft
$329
block $258 · above block
Appreciation
+133%
+8%/yr, city 6.5%
In 5 years (~2031)
~$916K
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$9K
1.01% effective, abated
Gross yield
2.7%
≈$2K/mo rent
Times sold
1
kept in the family

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

$0$500K$1.0M2021: New construction, addition, GFA change 2021: Addition and/or Alteration 2021: Full Demolition 2021: Addition and/or Alterations 2021: Addition and/or Alteration 2021: L&I: 1 failed, 1 passed 2021: Alterations2022: L&I violation 2022: Inspection failed ×32026: Exterior Window and Door Replacement 2026: Appeal filed 2026: Inspection passed$912K201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

built new under a 2021 permit (tax-abated).

  1. 2021 New construction, addition, GFA changePermitAddition and/or AlterationPermitFull DemolitionPermitAddition and/or AlterationsPermitAddition and/or AlterationPermitL&I: 1 failed, 1 passedL&I visitAlterationsPermit
  2. 2022 L&I violationL&IInspection failed ×3L&I visit
  3. 2026 Exterior Window and Door ReplacementPermitAppeal filedZoningInspection passedL&I visit

Flags: tax-abated — the bill lags real value · $5K back taxes (2014–2016, $907 of it interest & penalties, lien filed) · 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 $9,251/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$12,765/yr — a step up of $3,514/yr. Drag the slider.

2016: ~$3,003/yr2017: ~$3,003/yr2018: ~$3,003/yr2019: ~$3,003/yr2020: ~$3,003/yr2021: ~$3,003/yr2022: ~$6,832/yr2023: ~$7,462/yr2024: ~$7,462/yr2025: ~$8,483/yr2026: ~$8,483/yr2027: ~$9,251/yr201620262027
2027~$9,251/yrfrom the record

now: ($911,900 assessed − $251,020 abated) × 1.3998% ≈ $9,251/yr 2026: $911,900 assessed × 1.3998% ≈ $12,765/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
4
Interior
2,772 sqft
livable area
Lot
1,644 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
B-
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
on record

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

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Homestead exemption, mail goes elsewhere

The parcel claims the homestead exemption (owner lives here) while the tax bill mails to 1649 Denston Drive, Ambler Pa, 19002. Those two facts sit in tension on the record — there can be innocent reasons, but one of them is usually out of date.

Run the numbers

What owning 509 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.

$912K
20%
6.875%
$2K/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: 507 Fairmount Ave  ·  511 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)