Multi-family report
1261-63 N Newkirk St
Research this property with Analyst →8 bd4 ba3,700 sqftRM1built 2017
Entity-held
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.
- OPA assessment · 2019$33K 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 · 2020$739K 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 · 2021$739K 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 · 2022$739K 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 · 2023$739K 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 · 2024$739K 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 · 2025$1.1M 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$1.1M 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$605K 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 · 2017Deed / sale $25KA 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 · 2016-02-17Zoning/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 · 2018-09-06PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2019-02-12SuppressionThis permit category usually covers fire-suppression systems or related life-safety 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 · 2019-02-26PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2019-03-07New constructionThis 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 · 2019-03-15ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-04-03MechanicalThis 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 · 2019-06-04ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2019-09-04PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- License · 2020-01-24VLMI MANAGEMENT I LLC: Rental landlord or residential registration initially issuedA 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 ↗
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.
- LicenseVLMI MANAGEMENT I LLC: Rental landlord or residential registration initially issued
- PermitPlumbing
- PermitElectrical
- PermitMechanical
- PermitElectrical
- PermitNew construction
- PermitPlumbing
- PermitSuppression
- PermitPlumbing
- Deed / saleDeed / sale $25K
- PermitZoning/use
Flags: material assessment exemption; legal basis and term unverified · active rental license · $123 recorded in the June 2022 delinquency snapshot; verify current balance. Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$3,101/year estimated property tax
2026 taxable assessment $221,540 × 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 $605,100. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 2921094102026 OPA taxes $221,540 of $1,107,700 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
$122.53 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2017. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.
The snapshot’s 2022 context used $738,700 total assessment, $210,529 taxable, and $528,171 exempt/abated. Those historical fields can differ from today’s OPA exemption status.
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.
$221,540 taxable basis
$1,107,700 scenario basis
- Legal basis or program
- Approval or expiration date
- Treatment after a sale
- Current Tax Center balance
Show the assessment math
2026: ($1,107,700 assessed − $886,160 exempt) × 1.3998% ≈ $3,101/year
Full-assessment scenario: $1,107,700 × 1.3998% ≈ $15,506/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.
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Recorded owner
Who's behind it
Vlmi Management I LLC · corporate / LLC owner
• Tax bills mail to 82 Home Rd, Hatboro PA, 19040 — outside Philadelphia
• Holds an active rental license for this address
Block context
1200 block of N Newkirk St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1257-59 N Newkirk St · 1265-71 N Newkirk St
L&I license dates · data through Jul 30, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
No L&I business license is on record at this address in data through Jul 30, 2026.
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
Rental · Initial issue date Jan 24, 2020 · Filed expiration Jan 23, 2027
A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.
Open every source row 11 dated rows
- License issue eventVLMI MANAGEMENT I LLC: Rental landlord or residential registration initially issued
License 834956 · Active
License event. Registration does not prove present operation or storefront occupancy.
- PermitPlumbing
Permit 974226 · COMPLETED
INSTALL DRAIN AND WATER LINES FOR 7 TOILETS, 7 VANITIES, 7 TUBS, 4 KITCHEN, 4 LAUNDRY.
- PermitElectrical
Permit 946425 · COMPLETED
400 AMP MAIN SYSTEM NEW WIRING INCLUDE OUTLETS, SWITCHES, LIGHTS, SMOKE DETECTORS AS PER NFPA 72.(NORTH DIST)
- PermitMechanical
Permit 963737 · COMPLETED
EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- FOR THE INSTALLATION IF NEW DUCTWORK, REGISTERS/GRILLES/DIFFUSERS, AND WARM-AIR APPLIANCES AS PER ATTACHED STANDARDS. DEVIATIONS FROM THESE STANDARDS REQUIRE SUBMISSION OF CONSTRUCTION AND SITE PLANS. INSTALL FOUR NEW TRANE ELECTRIC AIR HANDLERS WITH 14 SEER HEAT PUMPS AND ALL NEW DUCTWORK CONTAINED IN EACH UNIT WITH NO PENETRATIONS OF RATED ASSEMBLIES
- PermitElectrical
Permit 949830 · COMPLETED
INSTALLING A VISTA 32 1 REMOTE ANNUNCIATOR, 2 PULLS 1 SMOKES 2 HORN STROBES 14 HORNS 2 MONITOR MODULES FOR SPRINKLER SYSTEM SUPERVISION.
- PermitNew construction
Permit 709281 · COMPLETED
FOR THE CONSTRUCTION OF A FOUR-STORY BUILDING TO CONTAIN FOUR (4) DWELLING UNITS, AS PER APPROVED PLANS. SEE APP# 701432 FOR APPROVED PLANS.
- PermitPlumbing
Permit 952525 · COMPLETED
INSTALL 4-3/4" WATER LINES 5" CURB TRAP 4" MAIN DRAIN 4" FAI
- PermitSuppression
Permit 947162 · COMPLETED
INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE AND 2" APOLLO/CONBRACO DCLF4A BACKFLOW PREVENTION ASSEMBLY AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.
- PermitPlumbing
Permit 890491 · COMPLETED
NEW CONSTRUCTION: INTERIOR PLUMBING; 4 STORY BUILDING;4 DWELLING UNITS; 8-TOILETS, 8-VANITIES, 8-TUBS, 4-KITCHEN, & 4-LAUNDRY -THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004
- Recorded transfer$25K transfer
2017
- PermitZoning/use
Permit 670250 · COMPLETED
SUBDIVIDE LOT 1257 N NEWKIRK STREET INTO 3 SEPERATE LOTS, A,B,C. THIS INCLUDES DEMOLTION OF AN EXISTING 1 STORY BUILDING AND TO CONSTRUCT ON PARCEL (A) A NEW 4 STORY RESIDENTIAL BUILDING WITH 4 RESIDENTIAL DWELLING UNITS AND A FULL CELLAR BASEMENT PER ENCLOSED PLANS.
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 31, 2026, 12:44 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)
