{"asOf":"2026-07-29T07:30:17.664Z","block":"2400-2499 FAIRMOUNT AVE","blockUrl":"https://philadelphia.blockreport.homes/block/2400-2499-fairmount-ave","address":"2427 FAIRMOUNT AVE","parcelNumber":"152148800","source":"https://property.phila.gov/?p=152148800","ownerType":"owner-occupied","kind":"house","isHouse":true,"home":true,"commercial":false,"residential":true,"taxExempt":false,"institutional":false,"buildingCode":"O58","buildingCodeNew":"22","buildingClass":"ROW 3 STY STONE","buildingClassNew":"ROW TYPICAL","useLabel":"House","owner":"KRATZ LAUREN","coOwner":"KRATZ ANDREW","marketValue":916000,"landAssessment":183200,"improvementAssessment":732800,"livableArea":2106,"yearBuilt":1920,"lastSale":{"price":436000,"date":"2015-08-27T04:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.967639805357784,"lng":-75.17779468795982,"geom":{"type":"Polygon","coordinates":[[[-75.177772887,39.967499095],[-75.177825184,39.967500057],[-75.17781728,39.967779607],[-75.177763794,39.967778521],[-75.177772887,39.967499095]]]},"liDistrict":"NORTH","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19130","beds":3,"baths":2,"stories":3,"lotArea":1530,"zoning":"RM1","grade":"C+","basement":"D","heater":"A","centralAir":true,"extCond":"3","intCond":"3","garage":null,"homestead":false,"mail":"2427 FAIRMOUNT AVE, PHILADELPHIA PA, 19130","mailOut":false,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":1,"abated":true,"assessmentExemption":true,"exemptionBasisVerified":false,"valueSeries":[{"y":2016,"v":352300,"taxable":352300,"land":93024,"improvement":259276,"taxableLand":93024,"taxableImprovement":259276,"exemptLand":0,"exemptImprovement":0},{"y":2017,"v":352300,"taxable":352300,"land":116259,"improvement":236041,"taxableLand":116259,"taxableImprovement":236041,"exemptLand":0,"exemptImprovement":0},{"y":2018,"v":600000,"taxable":352300,"land":174000,"improvement":426000,"taxableLand":174000,"taxableImprovement":178300,"exemptLand":0,"exemptImprovement":247700},{"y":2019,"v":741300,"taxable":435222,"land":214900,"improvement":526400,"taxableLand":214900,"taxableImprovement":220322,"exemptLand":0,"exemptImprovement":306078},{"y":2020,"v":766000,"taxable":447543,"land":218310,"improvement":547690,"taxableLand":218310,"taxableImprovement":229233,"exemptLand":0,"exemptImprovement":318457},{"y":2021,"v":766000,"taxable":447543,"land":218310,"improvement":547690,"taxableLand":218310,"taxableImprovement":229233,"exemptLand":0,"exemptImprovement":318457},{"y":2022,"v":766000,"taxable":447543,"land":218310,"improvement":547690,"taxableLand":218310,"taxableImprovement":229233,"exemptLand":0,"exemptImprovement":318457},{"y":2023,"v":866800,"taxable":464605,"land":173360,"improvement":693440,"taxableLand":173360,"taxableImprovement":291245,"exemptLand":0,"exemptImprovement":402195},{"y":2024,"v":866800,"taxable":464605,"land":173360,"improvement":693440,"taxableLand":173360,"taxableImprovement":291245,"exemptLand":0,"exemptImprovement":402195},{"y":2025,"v":945500,"taxable":506788,"land":189100,"improvement":756400,"taxableLand":189100,"taxableImprovement":317688,"exemptLand":0,"exemptImprovement":438712},{"y":2026,"v":945500,"taxable":506788,"land":189100,"improvement":756400,"taxableLand":189100,"taxableImprovement":317688,"exemptLand":0,"exemptImprovement":438712},{"y":2027,"v":916000,"taxable":916000,"land":183200,"improvement":732800,"taxableLand":183200,"taxableImprovement":732800,"exemptLand":0,"exemptImprovement":0}],"taxNow":7094,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"644804","date":"2015-10-13","work":"Alteration","type":"BP_ALTER","description":"ALTERATION PERMIT","status":"COMPLETED","completedDate":"2016-05-12","scope":"**NO EXCAVATIONS IN BASEMENT** EZ PERMIT STADARD ALTERATIONS- FOR ALTERATIONS TO AN EXISTING ONE FAMILY DWELLING AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS."},{"number":"651196","date":"2015-11-10","work":"Mechanical","type":"BP_MECH","description":"MECHANICAL PERMIT","status":"COMPLETED","completedDate":"2016-05-12","scope":"INSTALL TWO SYSTEMS ONE SYSTEM FOR 1ST AND 2ND FL 60,000 BTU 95% EFF GAS FURNACE WITH 2 1/2 TON A/C IN BASEMENT,2ND SYSTEM ON 3RD 40,000 BTU 95% EFF GAS FURNACE WITH 2 TON A/C AND DUCT WORK LOCATED ON 3RD FL"},{"number":"651324","date":"2015-11-10","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2016-05-12","scope":"ROUGH IN NEW PLUMBING, 4\" STACK FOR 1ST, 2ND AND 3RD FLOOR BATHROOM. 314 WATER LINES COPPER, 4 TOILETS, 4 BATHROOM SINKS, 1 BT, 1 WALK IN SHOWER, 1 KIT SINK, 1 DW, 1 WASHER HOOK UP, 1 HOT WATER HEATER. - THE INSTALLATION WILL COMPY WITH THE PHILADEPHIA PLUBMING CODE 2004"},{"number":"653410","date":"2015-11-20","work":"Electrical","type":"EP_ELECTRL","description":"ELECTRICAL PERMIT","status":"COMPLETED","completedDate":"2016-08-23","scope":"NEW 200A SERVICE, RE-WIRE THROUGHOUT.. OUTLETS, SWITCHES, LIGHTS AND SMOKE/CO DETECTORS... IN ACCORDANCE WITH 2008 NEC FOR A ONE FAMILY BUILDING"},{"number":"656271","date":"2015-12-07","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2015-12-11","scope":"WATER DISTRIBUTION PIPE PA20153371825 SELF CERTIFICATION NO LONGER ACCEPTED ALL TRENCHES IN EXCESS OF 5 FT MUST HAVE APPROVED SHORING AT THE TIME OF INSPECTION."}],"storyTag":"Improved","storyDelta":null,"timeline":[{"y":2015,"k":"sale","p":436000},{"y":2015,"k":"permit","w":"Alteration"},{"y":2015,"k":"permit","w":"Mechanical"},{"y":2015,"k":"permit","w":"Plumbing"},{"y":2015,"k":"permit","w":"Electrical"},{"y":2015,"k":"permit","w":"Plumbing"}],"rented":false,"licenses":[],"licenseActivity":[],"businessLicenseSourceDate":"2026-07-28","signals":[],"legalChecks":[{"id":"abatement","level":"verify","title":"A reduced taxable assessment is not a verified abatement","finding":"OPA’s numeric assessment fields show a reduced taxable assessment; BlockReport has no official program determination for this parcel.","why":"The numeric treatment can reflect an improvement abatement or another exemption. It does not identify the ordinance, approval, start or end date, or continuation requirements after a transfer. Once OPA verifies a specific active abatement, many common programs attach the benefit to the property for the remaining term rather than ending automatically at sale, but some require a new-owner filing and continued qualifying use or tax compliance.","action":"Obtain the OPA exemption/abatement determination and history, then underwrite the buyer’s bill from the verified program terms.","url":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/get-a-property-tax-abatement/"}],"closingChecks":[{"title":"Property Sales Certification","body":"The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.","action":"Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.","url":"https://www.phila.gov/services/permits-violations-licenses/get-a-certificate/get-a-property-sales-certification/"},{"title":"Date-effective City Property Payoff","body":"The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.","action":"Request the City statement effective through settlement; read every period and invoice.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"title":"Professional title and water-lien searches","body":"OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.","action":"Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.","url":"https://www.phila.gov/2026-04-07-why-title-insurance-is-your-best-friend-when-buying-a-home-in-philadelphia/","secondaryUrl":"https://www.phila.gov/services/water-gas-utilities/pay-or-dispute-a-water-bill/resolve-water-liens-judgments/"},{"title":"Seller-specific tax relief is not the buyer’s bill","body":"LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.","action":"Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.","url":"https://www.phila.gov/services/payments-assistance-taxes/payment-plans-and-assistance-programs/income-based-programs-for-residents/apply-for-the-longtime-owner-occupants-program-loop/","secondaryUrl":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/tax-freeze/"},{"title":"Seller disclosure and independent inspections","body":"For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections. Because OPA dates this building before 1978, separately obtain the required federal/City lead disclosures and any test results.","action":"Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.","url":"https://www.pa.gov/agencies/dos/department-and-offices/bpoa/boards-commissions/real-estate-commission"}]}