2026 taxable assessment $764,400 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $819,000; it is not the 2026 billed-year value.
Multi-family report
701 Fairmount Ave
8 bd · 6 ba · 3 stories · 2,547 sqft · RM1 · built 2016
Individual, other or unknown mailing address · assessed $819K (2026) · 2027 OPA assessment $819K · 3 licensed units · sold 1×. On the 700 block of Fairmount Ave.
BlockReport AI · cited public records
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Property summary
Assessment$819,0002026 OPA assessment · 2027: $819,000
Last sale$735KRecorded 2016
Est. tax bill$10,700/year2026 taxable assessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits7Every fetched City permit
Violations0 open8 historical across 3 cases
“Open” reflects records available then historical records keep their source dates estimates are labeled
Question or correct this record
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Property tax
The estimate, live balance, and back-tax record are different.
BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.
A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”
OPA 1413280012026 OPA taxes $764,400 of $819,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
Historical delinquency sources No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
What stands out
From the public recordNew construction
Record summarynew construction appears in a 2014 permit, followed by a recorded transfer of $735K in 2016.
View supporting records →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 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 the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.
Assessment and tax history
Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.
Assessed value
$819,000
2026 billed-year assessment · 2027: $819,000 · built 2016
Price / sq ft
$322
block $279 · above block
Assessment change
+14%
+1%/yr since 2018 · 2027 +0% vs 2026
Est. tax bill / yr
$10,700
1.31% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
1
licensed rental
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2018$717K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$729K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$753K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$753K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$753K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$1.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$1.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$819K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$819K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$819K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Deed / sale · 2016Deed / sale $735KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Permit · 2014-10-03Zoning/useThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-04-27New constructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-08-17SuppressionThis permit category usually covers fire-suppression systems or related life-safety work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-12-17PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-09-21MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2015-12-11ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2015-09-04PENALTY- NO BLDG PERM INFOA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-09-04PENALTY- NO PLUMB PERM INFOA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-09-04PENALTY- NO ELEC PERM INFOA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-09-04PERMP- INST NEW PLUMBINGA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-09-04PERMB- INSTALL HVAC SYSA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-09-04PERME- WIRING BLDG OR PROPA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2015-12-24COMPL CONCEAL- PLUMB PERM WORKA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- L&I violation · 2016-01-13PERMB- WORK NOT SAME AS PERMITA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2015-09-23BP_BLDGA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- License · 2016-03-30RentalA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
Property assessmentBlock median & rangeZIP 19123 medianAssessmentDeed / saleL&I violationPermitInspectionLicense
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Highlight
Every dated record17 events · exact dates, newest first
- LicenseRental
- L&I violationPERMB- WORK NOT SAME AS PERMIT
- Deed / saleDeed / sale $735K
- L&I violationCOMPL CONCEAL- PLUMB PERM WORK
- PermitPlumbing
- PermitElectrical
- InspectionBP_BLDG
- PermitMechanical
- L&I violationPENALTY- NO BLDG PERM INFO
- L&I violationPENALTY- NO PLUMB PERM INFO
- L&I violationPENALTY- NO ELEC PERM INFO
- L&I violationPERMP- INST NEW PLUMBING
- L&I violationPERMB- INSTALL HVAC SYS
- L&I violationPERME- WIRING BLDG OR PROP
- PermitSuppression
- PermitNew construction
- PermitZoning/use
The paper trail
New constructionnew construction appears in a 2014 permit, followed by a recorded transfer of $735K in 2016.
- 2014 Zoning/usePermit
- 2015 New constructionPermit7 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitSuppressionPermitPlumbingPermitMechanicalPermitElectricalPermitPlumbingPermit
- 2016 $735KTransferL&I violationL&I
Records behind the chart
Browse the source ledger
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
Browse 19 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- LicenseRental
License 697943 · Active
SHENG G DONG · Expires 2027-03-29
- ViolationPERMB- WORK NOT SAME AS PERMIT
Case 598275 · Violation 3817734 · RESOLVE
- Recorded transfer$735K transfer
2016
- ViolationCOMPL CONCEAL- PLUMB PERM WORK
Case 659065 · Violation 3809138 · RESOLVE
- PermitPlumbing
Permit 659065 · COMPLETED
INSTALL NEW 5"LATERAL,CURB TRAP,FAI AND 1"WATER SERVICE PA20153342426 (MULTI FAMILY)SELF CERTIFICATION'S ARE NO LONGER PERMITTED","ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FT IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitElectrical
Permit 636801 · COMPLETED
INSTALL 200 AMP MAIN SERVICE, INSTALL 4 GANG METER MODULE. INSTALL ALL WIRING THROUGHOUT 3 FAMILY HOME AS PER 2008 NEC. INSTALL FIRE ALARM SYSTEM THROUGHOUT. ALL WIRING AS PER PLANS. (3) SETS OF DRAWINGS SUBMITTED. 5 PAGES PER SET. CC DISTRICT
- InvestigationBP_BLDG
Case 501011 · PASSED
The cited inspection visit was marked passed.
- PermitMechanical
Permit 633770 · COMPLETED
INSTALLATION OF 3 - (2) TON AC SYSTEM AND 3 - 54,000 BTU 95% GAS FURNACE WITH SUPPLY/EXHAUST DUCTWORK, AND REGISTERS/DIFFUSERS. ALL DUCT WORK WILL BE SELF CONTAINED IN EACH UNIT. NO PENETRATIONS OF FIRE RATED EXIT ENCLOSURE.
- PermitPlumbing
Permit 636436 · COMPLETED
3 KITCHEN SINKS,6 LAVS,6 WATER CLOSETS,5 SHOWERS,1 TUB AND 3 WASHER (TRIPLEX)
- ViolationPENALTY- NO BLDG PERM INFO
Case 501011 · Violation 3701191 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPENALTY- NO PLUMB PERM INFO
Case 501011 · Violation 3701193 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPENALTY- NO ELEC PERM INFO
Case 501011 · Violation 3701192 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMP- INST NEW PLUMBING
Case 501011 · Violation 3701190 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMB- INSTALL HVAC SYS
Case 501011 · Violation 3701188 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERME- WIRING BLDG OR PROP
Case 501011 · Violation 3701189 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 501011 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitSuppression
Permit 625721 · COMPLETED
INSTALLATION OF AUTOMATIC SPRINKLER SYSTEM WITH TWO INCH (2") FIRE SERVICE LINE, BACKFLOW PREVENTION DEVICE AND FIRE DEPARTMENT CONNECTION IN ACCORDANCE WITH NFPA 13-R THROUGHOUT A THREE (3) STORY STRUCTURE WITH BASEMENT (THREE (3) DWELLING UNITS). SEPARATE PERMITS REQUIRED FOR ALL ELECTRICAL AND PLUMBING WORK.
- PermitNew construction
Permit 598275 · COMPLETED
FOR THE CONSTRUCTION OF A THREE STORY ATTACHED STRUCTURE WITH CELLAR, ROOF TOP FOR MECHANICAL EQUIPEMTN ONLY, 6' HIGH FENCE AND ONE OFF STREET PARKING SPACE IN REAR FOR USE AS A TRIPLEX DWELLING AS PER APPROVED PLANS. SEE APP# 596530 FOR APPROVED PLANS.
- PermitZoning/use
Permit 565506 · COMPLETED
ERECTION OF AN ATTACHED STRUCTURE WITH OPEN AIR PARKING FOR ONE VEHICLE WITH A ROOF DECK ACCESSED BY ROOFED OVER STAIWAY.
What this record suggests
The City file documents 7 permits touching kitchen work, electrical work, plumbing, roof work. 7 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).
The property, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Bedrooms
8
Bathrooms
6
Stories
3
Interior
2,547 sqft
livable area
Lot
1,216 sqft
Basement
Full, finished
city code A
Heat
Hot water / radiators
city code B
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
A-
assessor's grade
ABCDE
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 701 Fairmount Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 3 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2016) a 30-year mortgage ran about 3.65% — Freddie Mac's average that year.
Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Estimated cash needed
—
down + 4% planning allowance
Modeled cash flow
—
rent − shown costs · /mo
Modeled cap rate
—
modeled NOI ÷ price
Modeled cash-on-cash
—
modeled year-1 return
Scenario for orientation, not advice. Assumes a 30-year fixed loan, $2,100/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.
Block context
701 Fairmount Ave sits on the 700 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 703 Fairmount Ave · 705 Fairmount Ave
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 11:09 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)