Public Records
Edition
Philadelphia700 block of S 3rd StRecords pulled July 9, 2026

House report

703 S 3rd St

3 bd · 1 ba · 3 stories · 1,746 sqft · CMX1 · built 1915

Owner-occupied · assessed $651K · sold 2×. On the 700 block of S 3rd St.

Street view of 703 S 3rd 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 $8,625/yr reflects a 10-year abatement. It jumps to about $9,107/yr by 2026 — $482/yr more. Price the full bill, not the current one.

Built 1915: 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 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.

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
$651K
built 1915
Price / sq ft
$373
block $337 · above block
Appreciation
+95%
+6%/yr, city 6.5%
In 5 years (~2031)
~$653K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$9K
1.33% effective, abated
Gross yield
Times sold
2
kept in the family

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

$0$500K$1.0MBefore this chart — 2003: Sold $305K 2007: 2 L&I violations 2007: L&I: 1 failed, 2 passed 2013: Use2021: Sold $715K$651K201620222027
This houseBlock median & rangeSalePermit
The paper trail

Bought for $305K in 2003, built new under a 2013 permit (tax-abated), sold for $715K in 2021.

  1. 2003 $305KSold
  2. 2007 2 L&I violationsL&IL&I: 1 failed, 2 passedL&I visit
  3. 2013 UsePermit
  4. 2021 $715KSold

Flags: tax-abated — the bill lags real value · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $8,625/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$9,107/yr — a step up of $482/yr. Drag the slider.

2016: ~$4,383/yr2017: ~$4,383/yr2018: ~$4,906/yr2019: ~$6,161/yr2020: ~$6,708/yr2021: ~$6,708/yr2022: ~$6,708/yr2023: ~$6,533/yr2024: ~$6,533/yr2025: ~$8,761/yr2026: ~$8,761/yr2027: ~$8,625/yr201620262027
2027~$8,625/yrfrom the record

now: ($650,600 assessed − $34,441 abated) × 1.3998% ≈ $8,625/yr 2026: $650,600 assessed × 1.3998% ≈ $9,107/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.

Bedrooms
3
Bathrooms
1
Stories
3
Interior
1,746 sqft
livable area
Lot
735 sqft
Basement
Full
city code D
Heat
Radiant
city code G
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
Quality grade
C+
assessor's grade
Zoning
CMX1
city zoning code

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

Run the numbers

What owning 703 S 3rd 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.

$651K
20%
6.875%
$5K/mo

When this house last sold (2021) a 30-year mortgage ran about 2.96% — 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: 701 S 3rd St  ·  701 S 3rd St

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)