2026 taxable assessment $606,100 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $1,002,300; it is not the 2026 billed-year value.
Apartment building report
1701 Wallace St
3 stories · 3,900 sqft · RM1 · built 1920
Apartments · 5 units · Loonstyn Development LP · assessed $960K (2026) · 2027 OPA assessment $1.0M. On the 1700 block of Wallace St.
BlockReport AI · cited public records
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Property summary
Assessment$960,0002026 OPA assessment · 2027: $1,002,300
Last sale$675KRecorded 2021
Est. tax bill$8,484/year2026 taxable assessment · full-value scenario $13,438/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits7Every fetched City permit
Violations0 open1 historical across 1 case
“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:
Property tax
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.
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 8810010302026 OPA taxes $606,100 of $960,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →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 No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
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 recordPermit on record
Record summary$458K transfer recorded in 2015. Alterations permit recorded in 2022.
View supporting records →The property record, over time
Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $1,002,300; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
- OPA assessment · 2025$960K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$960K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$1.0M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Deed / sale · 2015Deed / sale $458KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Deed / sale · 2021Deed / sale $675KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Permit · 2021-06-02Interior Non-Load-Bearing Wall Demo.This permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2021-07-01Change of UseThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2021-11-17Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-04-25Addition and/or AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-04-07Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-05-27AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2025-12-01PERIODIC TESTINGA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2025-12-01L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2026-01-08L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- License · 2022-11-17RentalA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
Property assessmentAssessmentDeed / saleL&I violationPermitInspectionLicense
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 record12 events · exact dates, newest first
- InspectionL&I investigation
- L&I violationPERIODIC TESTING
- InspectionL&I investigation
- LicenseRental
- PermitAlterations
- PermitAddition and/or Alterations
- PermitAddition and/or Alteration
- PermitAddition and/or Alteration
- PermitChange of Use
- PermitInterior Non-Load-Bearing Wall Demo.
- Deed / saleDeed / sale $675K
- Deed / saleDeed / sale $458K
Apartment buildingBuilding report
This is a apartments, recorded under the city's apartments category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.
What it is
Apartments
Row 3 Sty Masonry
Owner
Loonstyn Development LP
OPA tax treatment
Assessed $960K
Taxable assessment on the roll
$ / sq ft
$257
above the $151 median for 3,983 apartments parcels citywide
Licensed units
5
active rental license
Assessed value
$960,000
2026 OPA · 2027: $1,002,300
Interior area
3,900 sqft
Lot size
2,100 sqft
Stories
3
Built
1920
Zoning
RM1
Records behind the chart
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.
Browse 13 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- InvestigationL&I investigation
Case CF-2025-129153 · PASSED
The cited inspection visit was marked passed.
- ViolationPERIODIC TESTING
Case CF-2025-129153 · Violation VI-2025-093319 · Code F-901.6.4 · COMPLIED
Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationL&I investigation
Case CF-2025-129153 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- LicenseRental
License 910834 · Active
LOONSTYN DEVELOPMENT, L.P. (1701 wallace st) · Expires 2026-11-16
- PermitAlterations
Permit PP-2022-003987 · Completed
Alterations: Interior an dexterior plumbing. All proposed work to be done in accordance with Philadelphia Plumbing Code 2018.
- PermitAddition and/or Alterations
Permit MP-2022-001629 · Completed
FOR THE INSTALLATION OF A NEW HVAC SYSTEMS, ASSOCIATED DUCT WORK, ROOFTOP UNITS, APPLIANCES, AND REGISTERS/DIFFUSERS AS PER APPROVED PLANS. SEPARATE PERMIT REQUIRED FOR ELECTRICAL, PLUMBING, FIRE SUPPRESSION
- PermitAddition and/or Alteration
Permit EP-2022-000772 · Completed
INSTALL A 400 AMP SERVICE, (6) GANG METER BANK, (6) 100 AMP PANELS & FEEDERS. INSTALL WIRING THROUGHOUT THE COMMON AREAS AND FIVE UNITS. INSTALL LIGHTS NORMAL AND EMERGENCY, SWITCHES, SENSORS AND RECEPTACLES. PROVIDE POWER FOR THE MECHANICAL AND HVAC EQUIPMENT. INSTALL A NEW FIRE ALARM SYSTEM THROUGHOUT. ALL WORK IN ACCORDANCE WITH THE 2017 NEC.
- PermitAddition and/or Alterations
Permit FP-2021-003750 · Completed
FOR THE INSTALLATION OF TWO (2) INCH FIRE SERVICE LINES WITH TWO (2) INCH BACKFLOW PREVENTERS, AUTOMATIC FIRE SUPPRESSION SYSTEM AS PER NFPA 13R SYSTEM, AND MANUAL WET STANDPIPE PER NFPA 14. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS. SEPARATE PERMIT REQUIRED FOR ANY OTHER WORK.
- PermitAddition and/or Alteration
Permit CP-2021-004673 · Completed
For level III ateration without change of occupancy classification to create five dwelling units within existing structure. Building to be fully sprinklered. Separate permits required for MEP and FP work.
- PermitChange of Use
Permit ZP-2021-007255 · Issued
Residential - Household Living - Multi-Family
- PermitInterior Non-Load-Bearing Wall Demo.
Permit GM-2021-005589 · Completed
Demo interior non load bearing walls
- Recorded transfer$675K transfer
2021
- Recorded transfer$458K transfer
2015
What this record suggests
The City file documents 7 permits touching electrical work, plumbing, roof work. 7 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Unavailable when this report assembled: certifications. Unavailable does not mean no record.
Who's behind it
Loonstyn Development LP · corporate / LLC owner
• Owns 12 properties across Philadelphia under this name, assessed at $14M combined
• Tax bills mail to 2333 Fairmont Ave Unit 104, Philadelphia PA, 19130
• Holds an active rental license for this address
Block context
1701 Wallace St sits on the 1700 block of Wallace St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1703 Wallace St · 1703 Wallace St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 1:27 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: unavailable. “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)