The Block Report

House report

709 Fairmount Ave

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

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

Property summary

Assessment$590,0002026 OPA assessment · 2027: $535,800 Last sale$570KRecorded 2020 Est. tax bill$1,652/year2026 taxable assessment · full-value scenario $8,259/year · basis and term unverified Tax delinquencyNo 2022 matchNot proof account is current Permits7Every fetched City permit Violations0 open2 historical across 2 cases

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 709 Fairmount Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

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$1,652/year

2026 taxable assessment $118,000 × 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 141328009
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $118,000 of $590,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$8,259/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
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

Why it matters

Bought for $530K in 2017, built new under a 2014 permit (reduced taxable assessment shown), sold for $570K in 2020.

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 buying

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $1,652/yr, while applying the same rate to the full assessment would imply about $8,259/yr — $6,607/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

If you own it

Verify which assessment relief applies

OPA shows a material assessment exemption, but this record does not identify its legal basis or transfer treatment. Ask OPA for the approval history; if the current treatment ends, an eligible owner-occupant may need to apply separately for Homestead relief.

$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.

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
$590,000
2026 billed-year assessment · 2027: $535,800 · built 2016
Price / sq ft
$279
block $279 · in line w/ block
Appreciation
+8%
+1%/yr, city 6.5%
In 5 years (~2031)
~$536K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,652
0.31% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
1.9%
≈$869/mo rent
Times sold
2

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

$0$500K$1.0M2018 OPA assessment: $548K2019 OPA assessment: $306K2020 OPA assessment: $316K2021 OPA assessment: $316K2022 OPA assessment: $316K2023 OPA assessment: $557K2024 OPA assessment: $557K2025 OPA assessment: $590K2026 OPA assessment: $590K2014 — 2014-10-03: Zoning/use2015 — 2015-04-27: New construction · 2015-09-04: Suppression2016 — 2016-04-28: Plumbing · 2016-04-13: Mechanical · 2016-04-14: Electrical · 2016-05-04: LISTED CONDIT DOES NOT COMPLY2017 — Deed / sale $530K2020 — Deed / sale $570K$590K2014201620182020202220242026
This propertyBlock median & rangeDeed / saleL&I violationPermit
Deed / sale $570K
Highlight
Every dated record9 events · scroll to browse
  1. Deed / saleDeed / sale $570K
  2. Deed / saleDeed / sale $530K
  3. L&I violationLISTED CONDIT DOES NOT COMPLY
  4. PermitPlumbing
  5. PermitElectrical
  6. PermitMechanical
  7. PermitSuppression
  8. PermitNew construction
  9. PermitZoning/use

The paper trail

New construction

Bought for $530K in 2017, built new under a 2014 permit (reduced taxable assessment shown), sold for $570K in 2020.

  1. 2014 Zoning/usePermit
  2. 2015 New constructionPermitSuppressionPermit
  3. 2016 PlumbingPermitMechanicalPermitElectricalPermitPlumbingPermit2 L&I violationsL&I
  4. 2017 $530KSold
  5. 2020 $570KSold

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 11 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$570K transfer

    2020

  2. Recorded transfer$530K transfer

    2017

  3. ViolationLISTED CONDIT DOES NOT COMPLY

    Case 598266 · Violation 3924176 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  4. PermitPlumbing

    Permit 688025 · COMPLETED

    INSTALLATION OF LATERAL,CURB TRAP,FAI AND 2" WATER SERVICE PA20160981226 (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"

  5. ViolationLISTED CONDIT DOES NOT COMPLY

    Case 683579 · Violation 3912666 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  6. PermitElectrical

    Permit 683973 · COMPLETED

    NEW CONSTRUCTION: INSTALL 200A MAIN SERVICE, 40- CIRCUIT MB PANEL; INSTALL ALL WIRING THROUGHOUT, 120V SMOKES AND C/O DETECTORS, PHONE AND CABLE TV WIRING... IN ACCORDANCE WITH 2008 NEC FOR A ONE FAMILY BUILDING

  7. PermitMechanical

    Permit 683579 · COMPLETED

    INSTALL 2 HVAC UNITS WITH DUCTWORK (SFD)

  8. PermitPlumbing

    Permit 676814 · COMPLETED

    INSTALL 3 WATER CLOSET,3 LAV,3 TUBS,1 KITCHEN SINK,1 WASHING MACHINE 1 GARBAGE DISPOSAL,1 WATER HEATER,1 HOUSE DRAIN,2 STACKS AND 1 AREA DRAIN. THE INSTALLATION WILL COMPLY WITH THE PHILADEPHIA PLUBMING CODE 2004

  9. PermitSuppression

    Permit 625817 · 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.

  10. PermitNew construction

    Permit 598266 · 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.

  11. PermitZoning/use

    Permit 565495 · 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: material assessment exemption — legal basis and term unverified · historical tax ledger through 2016 recorded $1K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,652/year. Applying the same 1.3998% rate to the full assessed value would imply ~$8,259/year — $6,607/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2018: ~$1,919/yr2019: ~$1,070/yr2020: ~$1,106/yr2021: ~$1,106/yr2022: ~$1,106/yr2023: ~$1,558/yr2024: ~$1,558/yr2025: ~$1,652/yr2026: ~$1,652/yr20182026
2026~$1,652/yrestimated from assessment

2026: ($590,000 assessed − $471,983 exempt) × 1.3998% ≈ $1,652/yr full-assessment scenario: $590,000 × 1.3998% ≈ $8,259/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
3
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 709 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.

$536K
20%
6.875%
$875/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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 use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.

Block context

709 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: 707 Fairmount Ave  ·  711 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)