House report

703 Fairmount Ave

3 bd · 2 ba · 3 stories · 1,920 sqft · RM1 · built 2016

Owner-occupancy signal · assessed $590K (2026) · 2027 OPA assessment $536K · sold 2×. On the 700 block of Fairmount Ave.

Street view of 703 Fairmount Ave
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

“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:

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.

Estimated annual Real Estate Tax$7,708/year

2026 taxable assessment $550,667 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $535,800; it is not the 2026 billed-year value.

Official current account balanceCheck live

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 141328003
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationHomestead exemption

2026 OPA removes $39,333 from the taxable assessment through the owner-occupant exemption.

Historical delinquency sources Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $1,213.02 and a lien entry. It is shown as historical context only.

2016$1,213.02 total · $1,031.86 principal · $15.48 interest · $10.32 penalty

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 record
Finding

New construction

Record summary

$550K transfer recorded in 2016; new construction appears in a 2015 permit, followed by a recorded transfer of $568K in 2025.

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 own it

$1,213 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

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 house, 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
$590,000
2026 billed-year assessment · 2027: $535,800 · built 2016
Price / sq ft
$279
block $279 · in line w/ block
Assessment change
-2%
0%/yr since 2018 · 2027 -9% vs 2026
Est. tax bill / yr
$7,708
1.31% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
2

Assessment vs. the block and ZIP · every dated City record marked on the line

$0$500K$1.0MZIP 19123 median$536K201420172020202320262027
Property assessmentBlock median & rangeZIP 19123 medianAssessmentDeed / saleL&I violationPermitInspectionLicense

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 record14 events · exact dates, newest first
  1. Deed / saleDeed / sale $568K
  2. L&I violationEXTERIOR AREA WEEDS
  3. InspectionL&I investigation
  4. LicenseRental
  5. PermitPlumbing
  6. L&I violationPERMF- WK DOES NOT CONFORM
  7. Deed / saleDeed / sale $550K
  8. PermitPlumbing
  9. PermitElectrical
  10. L&I violationPERME- WIRING BLDG OR PROP
  11. PermitMechanical
  12. PermitSuppression
  13. PermitNew construction
  14. PermitZoning/use

The paper trail

$550K transfer recorded in 2016; new construction appears in a 2015 permit, followed by a recorded transfer of $568K in 2025.

  1. 2015 PlumbingPermitL&I violationL&ISuppressionPermitMechanicalPermitElectricalPermitPlumbingPermit
  2. 2016 PlumbingPermit$550KTransferL&I violationL&I
  3. 2020 L&I violationL&IInspection passedL&I visit
  4. 2025 $568KTransfer

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.

Open the City record ↗
Browse 15 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$568K transfer

    2025

  2. ViolationEXTERIOR AREA WEEDS

    Case CF-2020-058609 · Violation VI-2020-032806 · CVN ISSUED

  3. InvestigationL&I investigation

    Case CF-2020-058609 · PASSED

    The cited inspection visit was marked passed.

  4. LicenseRental

    License 695559 · Inactive

    YAN YUN LIU (MIN QUN LI) · Expires 2025-03-01 · Inactive 2025-04-30

  5. PermitPlumbing

    Permit 663246 · COMPLETED

    INSTALL A NEW 2" RFSS WATER SERVICE,HOUSE TRAP AND FAI PA20161020868 (SFD)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"

  6. ViolationPERMF- WK DOES NOT CONFORM

    Case 625813 · Violation 3819500 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  7. Recorded transfer$550K transfer

    2016

  8. PermitPlumbing

    Permit 659078 · 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"

  9. PermitElectrical

    Permit 639352 · COMPLETED

    INSTALL 200A MAIN SERVICE,INSTALL 40 CIRCUIT MB PANEL,WIRING THROUGHOUT,120V SMOKES & CO DETECTORS,PHONE & CABLE TV WIRING PER 2008 NEC (SFD)

  10. ViolationPERME- WIRING BLDG OR PROP

    Case 598263 · Violation 3701822 · RESOLVE

  11. PermitMechanical

    Permit 634628 · COMPLETED

    INSTALL TWO (2) 54000 BTU 95% GAS FURNACE AND (2) 2 TON AC SYSTEMS * EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- FOR THE INSTALLATION OF NEW DUCTWORK, REGISTERS/GRILLES/DIFFUSERS, AND WARM-AIR APPLIANCES AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS*

  12. PermitSuppression

    Permit 625813 · COMPLETED

    INSTALLATION OF RESIDENTIAL FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13-D THROUGHOUT A THREE (3) STORY ATTACHED STRUCTURE WITH BASEMENT. THIS IS A MULTI-PURPOSE SYSTEM UTILIZING A COMBINED TWO INCH (2") DOMESTIC AND FIRE SERVICE LINE. SEPARATE PERMIT REQUIRED FOR ALL PLUMBING WORK.

  13. PermitPlumbing

    Permit 615121 · COMPLETED

    3 WC,3 LAV,2 TUBS,1 KITCHEN SINK AND 1 WASHER MACHINE (SFD)THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004

  14. PermitNew construction

    Permit 598263 · 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 SINGLE-FAMILY DWELLING AS PER APPROVED PLANS. SEE APP# 596530 FOR APPROVED PLANS.

  15. PermitZoning/use

    Permit 565492 · 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 8 permits touching kitchen work, electrical work, plumbing, roof work. 8 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: historical tax ledger through 2016 recorded $1K with a lien entry. 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
3
Bathrooms
2
Stories
3
Interior
1,920 sqft
livable area
Lot
1,456 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
A+
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 703 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 the area median. Assessed value is not an asking price — set the price slider to the real one.

$568K
20%
6.875%
$875/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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, $1,400/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

703 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: 701 Fairmount Ave  ·  705 Fairmount Ave

Where this comes from

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)