Commercial property report

1510-12 E Passyunk Ave

4 stories7,969 sqftCMX2.5built 1900

Property at a glanceCommercial

Fip Master Funding Viii LLC

2026 assessment
$1.4M OPA value, not a listing price
2027 published assessment
$1.3M Future roll, not the current tax bill
Neighborhood area
Queen Village · East Passyunk Approximate · based on ZIP 19147
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

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.

$0$1.0M$2.0M$1.3M2003200720112015201920232027
Property assessmentAssessmentDeed / saleL&I violationPermitInspectionLicenseCertification

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 record20 events · exact dates, newest first
  1. InspectionL&I investigation
  2. L&I violationPERIODIC TESTING
  3. L&I violationINSPECTION, TESTING & MAINTENANCE
  4. CertificationSprinkler Certification
  5. CertificationSprinkler Certification
  6. CertificationFire Alarm Certification
  7. PermitAlterations
  8. LicenseALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license marked inactive
  9. CertificationFire Alarm Certification
  10. LicenseALPHABET ACADEMY INC: Food Preparing and Serving (30+ SEATS) business license initially issued
  11. LicenseALPHABET STATION INC: Food Preparing and Serving business license marked inactive
  12. InspectionCI INSP
  13. InspectionCI INSP
  14. L&I violationANNUAL CERT FIRE ALARM
  15. L&I violationVIOL C&I MESSAGE
  16. L&I violationANNUAL CERT STANDBY/EMERG LITE
  17. L&I violationEGRESS EXIT SIGNS VISIBILITY
  18. InspectionCI INSP
  19. LicenseALPHABET STATION INC: Food Preparing and Serving business license initially issued
  20. Deed / saleDeed / sale $345K

Verify the public record

$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.

Current City balanceCheck Tax Center

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

OPA 882015860
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 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.

"Built 1900" is usually a placeholder

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

What it is
Commercial Misc Day Care Masonry
Owner
Fip Master Funding Viii LLC
$ / sq ft
$162 above the $151 median for 7,668 commercial parcels citywide
Corridor
East Passyunk city commercial corridor
Interior area
7,969 sqft
Lot size
2,206 sqft
Stories
4
Built
1900
Zoning
CMX2.5

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

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗
ALPHABET ACADEMY INCInactive

Food Preparing and Serving (30+ SEATS) · Initial issue date Aug 8, 2018 · Terminal license date Oct 6, 2023

ALPHABET STATION INCInactive

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
  1. InvestigationL&I investigation

    Case CF-2026-075608 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  2. ViolationPERIODIC TESTING

    Case CF-2026-075608 · Violation VI-2026-048348 · Code F-901.6.4 · OPEN

  3. ViolationINSPECTION, TESTING & MAINTENANCE

    Case CF-2026-075608 · Violation VI-2026-048347 · Code F-901.6 · OPEN

  4. CertificationSprinkler Certification

    Certification BC-2026-015865 · Deficient

  5. CertificationSprinkler Certification

    Certification BC-2026-015820 · Deficient

  6. CertificationFire Alarm Certification

    Certification BC-2025-028592 · Certified

    Expires 2026-06-30

  7. PermitAlterations

    Permit PP-2023-014299 · Completed

    REPLACE 2" BACKFLOW DEVICE

  8. 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.

  9. CertificationFire Alarm Certification

    Certification BC-2023-016354 · Certified

    Expires 2024-07-06

  10. 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.

  11. 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.

  12. InvestigationCI INSP

    Case 120240 · PASSED

    The cited inspection visit was marked passed.

  13. InvestigationCI INSP

    Case 120240 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  14. 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.

  15. 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.

  16. 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.

  17. 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.

  18. InvestigationCI INSP

    Case 120240 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  19. 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.

  20. Recorded transfer$345K transfer

    2003

Where this comes from

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)