Apartment building report
1405 Reed St
3 stories1,382 sqftRM1built 1915
Milestone Properties LLC
Assessment and City record timeline
The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.
Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $510,000. It is not yet the billed-year tax basis.
- OPA assessment · 2026$500K 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$510K 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 $415KA 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 · 2024Deed / sale $455KA 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 · 2018-05-25Interior 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 · 2020-07-04Addition 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 · 2021-11-30AlterationsThis 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 · 2025-07-18Addition 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 · 2025-08-01Addition 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 · 2025-08-20Addition 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 · 2025-09-04Addition 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 · 2025-09-15AlterationsThis 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 ↗
- License · 2026-01-053533 N 6TH ST 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 ↗
- License · 2011-11-16M V FINANCIAL CONCEPTS 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 ↗
- License · 2014-02-28M V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration marked inactiveA 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 ↗
- License · 2004-09-13NERIS INC: Food Preparing and Serving business license 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 ↗
- License · 2012-12-22NERIS INC: Food Preparing and Serving business license marked inactiveA 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 ↗
- License · 2002-07-03NERIS INC: Dumpster License - Private Property L&I license filing 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 ↗
- License · 2010-07-31NERIS INC: Dumpster License - Private Property L&I license filing marked inactiveA 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 ↗
- License · 1998-05-30LYDITON CORP: Food Preparing and Serving business license 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 ↗
- Certification · 2025-11-14Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
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.
- License3533 N 6TH ST LLC: Rental landlord or residential registration initially issued
- CertificationFire Alarm Certification
- PermitAlterations
- PermitAddition and/or Alterations
- PermitAddition and/or Alteration
- PermitAddition and/or Alteration
- PermitAddition and/or Alterations
- Deed / saleDeed / sale $455K
- PermitAlterations
- PermitAddition and/or Alteration
- PermitInterior Non-Load-Bearing Wall Demo.
- Deed / saleDeed / sale $415K
- LicenseM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration marked inactive
- LicenseNERIS INC: Food Preparing and Serving business license marked inactive
- LicenseM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration initially issued
- LicenseNERIS INC: Dumpster License - Private Property L&I license filing marked inactive
- LicenseNERIS INC: Food Preparing and Serving business license initially issued
- LicenseNERIS INC: Dumpster License - Private Property L&I license filing initially issued
- LicenseLYDITON CORP: Food Preparing and Serving business license initially issued
Verify the public record
Property tax
$6,999/year estimated property tax
2026 taxable assessment $500,000 × 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 $510,000. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8810014272026 taxable assessment equals the full assessed value.
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.”
Building report
Apartment building
Apartment building, recorded in the City's apartments category. The public record and owner trail follow.
Recorded owner
Who's behind it
Milestone Properties LLC · corporate / LLC owner
• Owns 6 properties across Philadelphia under this name, assessed at $2.8M combined
• Tax bills mail to 23 Longcourse Ln, Paoli PA, 19301 — outside Philadelphia
• Holds an active rental license for this address
Block context
1400 block of Reed St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1403 Reed St · 1407 Reed St
L&I license dates · data through Jul 23, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
Food Preparing and Serving · Initial issue date Sep 13, 2004 · Terminal license date Dec 22, 2012
Food Preparing and Serving · Initial issue date May 30, 1998 · Filed expiration Apr 30, 1999
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
Rental · Initial issue date Jan 5, 2026 · Filed expiration Jan 4, 2027
Rental · Initial issue date Nov 16, 2011 · Terminal license date Feb 28, 2014
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 19 dated rows
- License issue event3533 N 6TH ST LLC: Rental landlord or residential registration initially issued
License 0996689 · Active
License event. Registration does not prove present operation or storefront occupancy.
- CertificationFire Alarm Certification
Certification BC-2025-030203 · Certified
Expires 2026-11-14
- PermitAlterations
Permit PP-2025-011907 · Completed
Installation of a 1" Domestic Water Service, 5" Sanitary Service Line, 6" Stormwater Service Line, FAI
- PermitAddition and/or Alterations
Permit MP-2025-003981 · Completed
FOR INSTALLATION OF DUCTWORK FOR CLOTHES DRYERS PER APPROVED PLANS AND MANUFACTURER'S SPECIFICATIONS.
- PermitAddition and/or Alteration
Permit EP-2025-006793 · Completed
Install fire alarm system as per drawings and 2016 NFPA 72.
- PermitAddition and/or Alteration
Permit EP-2025-006618 · Completed
INSTALL 600 AMP ELECTRICAL SERVICE AND 6 METER PACKS WITH PROPER GROUNDING AND BONDING. INSTALL ONE 60 AMP SUBPANELS FOR HOUSE AND ONE 100 AMP SUBPANEL FOR EACH OF THE 5 DWELLING UNITS. INSTALL WIRING, LIGHTING, SWITCHES AND RECEPTACLE OUTLETS. INSTALL INTERCONNECTED SMOKE AND CO ALARMS. ALL WORK TO BE DONE ACCORDING TO THE 2017 NEC AND PER PLANS. **********FIRE ALARM SYSTEM IS NOT INCLUDED IN THE SCOPE OF WORK****************
- PermitAddition and/or Alterations
Permit FP-2025-001271 · Completed
INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH A 2" WILKINS 950XLT2 BACKFLOW PREVENTION ASSEMBLY PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.
- Recorded transfer$455K transfer
2024
- PermitAlterations
Permit PP-2021-018491 · Completed
INTERIOR INSTALLATION ONLY OF SANITARY WASTE AND DOMESTIC HOT AND COLD WATER LINES TO 5 WATER CLOSETS, 5 LAVATORY SINKS, 5 SHOWERS, 4 LAUNDRY BOXES, 5 KITCHEN SINKS, AND 5 HOT WATER HEATERS
- PermitAddition and/or Alteration
Permit 1026603 · Completed
FOR CHANGE OF OCCUPANCY TO R-2 AND LEVEL III ALTERATIONS TO INCLUDE NEW PARTITIONS, EXTERIOR WALL OPENINGS, STAIR OPENING, FIXTURES, FINISHES, FURNISHINGS AS PER APPROVED PLANS. BUILDING TO BE SPRINKLERED PER NFPA 13. SEPARATE PERMITS REQUIRED FOR MEP AND FIRE SUPPRESSION WORK. **IEBC 2018** AMENDMENT 7/31/25 TO MODIFY LAYOUT AND ADD STAIR AT FIRST FLOOR TO CREATE STORAGE ACCESS TO BASEMENT. AMENDMENT 12/17/25 TO CHANGE DPRC-SI AND AGENCY.
- PermitInterior Non-Load-Bearing Wall Demo.
Permit 880221 · Expired
EZ INTERIOR DEMOLITION- For the interior demolition of non load-bearing partition walls and ceilings as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans.
- Recorded transfer$415K transfer
2017
- License terminal eventM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration marked inactive
License 548785 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventNERIS INC: Food Preparing and Serving business license marked inactive
License 206085 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue eventM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration initially issued
License 548785 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventNERIS INC: Dumpster License - Private Property L&I license filing marked inactive
License 281001 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue eventNERIS INC: Food Preparing and Serving business license initially issued
License 206085 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue eventNERIS INC: Dumpster License - Private Property L&I license filing initially issued
License 281001 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue eventLYDITON CORP: Food Preparing and Serving business license initially issued
License 203021 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
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
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 24, 2026, 12:20 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)
