Multi-family report

727 Fairmount Ave

8 bd3 ba3 stories2,946 sqftRM1built 2016

Property at a glanceApartment building

Owner-occupancy signal

2026 assessment
$1.2M OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$1.0M$2.0MZIP 19123 (Northern Liberties · Callowhill) median$1.2M201420172020202320262027
Property assessmentBlock median & rangeZIP 19123 (Northern Liberties · Callowhill) medianAssessmentDeed / salePermit

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 record9 events · exact dates, newest first
  1. Deed / saleDeed / sale $825K
  2. PermitPlumbing
  3. PermitElectrical
  4. Deed / saleDeed / sale $699K
  5. PermitMechanical
  6. PermitSuppression
  7. PermitPlumbing
  8. PermitNew construction
  9. PermitZoning/use

Flags: material assessment exemption; legal basis and term unverified · historical tax ledger through 2016 recorded $88 with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$3,273/year estimated property tax

2026 taxable assessment $233,800 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $1,169,000. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 141328027
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $233,800 of $1,169,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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 $88.01 and a lien entry. It is shown as historical context only.

2016$88.01 total · $0.00 principal · $1.24 interest · $0.00 penalty

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$3,273/year

$233,800 taxable basis

Difference to verify+$13,091/year
If the full assessment were taxable ~$16,364/year

$1,169,000 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($1,169,000 assessed − $935,200 exempt) × 1.3998% ≈ $3,273/year Full-assessment scenario: $1,169,000 × 1.3998% ≈ $16,364/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
8
Bathrooms
3
Stories
3
Interior
2,946 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.

Block context

700 block of Fairmount Ave. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 725 Fairmount Ave  ·  723 Fairmount Ave

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 9 dated rows
  1. Recorded transfer$825K transfer

    2024

  2. PermitPlumbing

    Permit 707756 · COMPLETED

    INSTALL A NEW 5" LATERAL,CURB TRAP,FAI AND 1" WATER SERVICE PA20161730794(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"

  3. PermitElectrical

    Permit 636798 · 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

  4. Recorded transfer$699K transfer

    2016

  5. PermitMechanical

    Permit 639722 · 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.

  6. PermitSuppression

    Permit 625725 · 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.

  7. PermitPlumbing

    Permit 632027 · COMPLETED

    COMPLETE ROUGH AND FINALE PLUMBING FOR LOTS 6-7-20 (MULTI FAMILY) ALL WORK TO COMPLY WITH THE 2004 PHILADELPHIA PLUMBING CODE

  8. PermitNew construction

    Permit 598276 · 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.

  9. PermitZoning/use

    Permit 565508 · COMPLETED

    ERECTION OF AN ATTACHED STRUCTURE WITH OPEN AIR PARKING FOR ONE VEHICLE WITH A ROOF DECK ACCESSED BY A PILOT HOUSE

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 6:05 PM 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)