Commercial property report
1510-12 E Passyunk Ave
4 stories7,969 sqftCMX2.5built 1900
Fip Master Funding Viii 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 $1,291,300. It is not yet the billed-year tax basis.
- OPA assessment · 2016$721K 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 · 2017$721K 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 · 2018$1.2M 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 · 2019$1.2M 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$1.3M 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$1.3M 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$1.3M 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$1.4M 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$1.4M 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$1.4M 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$1.4M 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$1.3M 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 · 2003Deed / sale $345KA 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 · 2023-10-18AlterationsThis 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 · 2007-07-10ANNUAL CERT FIRE ALARMA 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 ↗
- L&I violation · 2007-07-10VIOL C&I MESSAGEA 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 ↗
- L&I violation · 2007-07-10ANNUAL CERT STANDBY/EMERG LITEA 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 ↗
- L&I violation · 2007-07-10EGRESS EXIT SIGNS VISIBILITYA 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 · 2007-07-10CI INSPA 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 ↗
- L&I violation · 2026-06-24PERIODIC 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 ↗
- L&I violation · 2026-06-24INSPECTION, TESTING & MAINTENANCEA 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 · 2007-10-03CI INSPA 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 · 2007-10-22CI INSPA 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 · 2026-06-30L&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 · 2018-08-08ALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) 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 · 2023-10-06ALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) 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 · 2005-11-15ALPHABET STATION 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 · 2012-12-22ALPHABET STATION 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 ↗
- Certification · 2023-07-06Fire 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 ↗
- Certification · 2025-06-30Fire 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 ↗
- Certification · 2026-04-23Sprinkler 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 ↗
- Certification · 2026-04-23Sprinkler 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.
- InspectionL&I investigation
- L&I violationPERIODIC TESTING
- L&I violationINSPECTION, TESTING & MAINTENANCE
- CertificationSprinkler Certification
- CertificationSprinkler Certification
- CertificationFire Alarm Certification
- PermitAlterations
- LicenseALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license marked inactive
- CertificationFire Alarm Certification
- LicenseALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license initially issued
- LicenseALPHABET STATION INC: Food Preparing and Serving business license marked inactive
- InspectionCI INSP
- InspectionCI INSP
- L&I violationANNUAL CERT FIRE ALARM
- L&I violationVIOL C&I MESSAGE
- L&I violationANNUAL CERT STANDBY/EMERG LITE
- L&I violationEGRESS EXIT SIGNS VISIBILITY
- InspectionCI INSP
- LicenseALPHABET STATION INC: Food Preparing and Serving business license initially issued
- Deed / saleDeed / sale $345K
Verify the public record
Property tax
$19,244/year estimated property tax
2026 taxable assessment $1,374,800 × 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 $1,291,300. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8820158602026 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.”
Where the record looks off
Conflicts in City paperwork. Flags on the data, not the property.
Philadelphia records use 1900 as a stand-in when the real construction year was never documented. Treat the age as unknown, not as 120+ years.
Property report
Commercial property
Commercial, recorded in the City's commercial category. The public record and owner trail follow.
2 open violations
Recorded owner
Who's behind it
Fip Master Funding Viii LLC · corporate / LLC owner
• Owns 3 properties across Philadelphia under this name, assessed at $3.1M combined
• Tax bills mail to 2425 E Camelback Rd Ste 800, Phoenix AZ, 85016 — outside Philadelphia
Block context
1500 block of E Passyunk Ave. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1506-08 E Passyunk Ave · 1514 E Passyunk Ave
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 (30+ SEATS) · Initial issue date Aug 8, 2018 · Terminal license date Oct 6, 2023
Food Preparing and Serving · Initial issue date Nov 15, 2005 · Terminal license date Dec 22, 2012
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 20 dated rows
- InvestigationL&I investigation
Case CF-2026-075608 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationPERIODIC TESTING
Case CF-2026-075608 · Violation VI-2026-048348 · Code F-901.6.4 · OPEN
- ViolationINSPECTION, TESTING & MAINTENANCE
Case CF-2026-075608 · Violation VI-2026-048347 · Code F-901.6 · OPEN
- CertificationSprinkler Certification
Certification BC-2026-015865 · Deficient
- CertificationSprinkler Certification
Certification BC-2026-015820 · Deficient
- CertificationFire Alarm Certification
Certification BC-2025-028592 · Certified
Expires 2026-06-30
- PermitAlterations
Permit PP-2023-014299 · Completed
REPLACE 2" BACKFLOW DEVICE
- License terminal eventALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license marked inactive
License 785477 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- CertificationFire Alarm Certification
Certification BC-2023-016354 · Certified
Expires 2024-07-06
- License issue eventALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license initially issued
License 785477 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventALPHABET STATION INC: Food Preparing and Serving business license marked inactive
License 345217 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- InvestigationCI INSP
Case 120240 · PASSED
The cited inspection visit was marked passed.
- InvestigationCI INSP
Case 120240 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationANNUAL CERT FIRE ALARM
Case 120240 · Violation 697880 · Code FC-914.1/3 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationVIOL C&I MESSAGE
Case 120240 · Violation 697882 · Code A-000.0/10 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationANNUAL CERT STANDBY/EMERG LITE
Case 120240 · Violation 697881 · Code FC-914.1/5 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationEGRESS EXIT SIGNS VISIBILITY
Case 120240 · Violation 697879 · Code FC-1011.1/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationCI INSP
Case 120240 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- License issue eventALPHABET STATION INC: Food Preparing and Serving business license initially issued
License 345217 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$345K transfer
2003
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 23, 2026, 8:36 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)
