Multi-family report

1542 E Passyunk Ave

7 bd · 4 ba · 3 stories · 2,229 sqft · CMX2.5 · built 1920

Property at a glanceApartment building

Individual, other or unknown mailing address

2026 assessment
$632K OPA value, not a listing price
2027 published assessment
$611K Future roll, not the current tax bill
Neighborhood area
Queen Village · East Passyunk Approximate · based on ZIP 19147
Street view of 1542 E Passyunk Ave
From the street · imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

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.

Assessed value
$631,900 2026 billed-year assessment · 2027: $611,200 · built 1920
Price / sq ft
$274 block $251 · above block
Assessment change
+155% +9%/yr since 2016 · 2027 -3% vs 2026
Est. tax bill / yr
$4,763 0.75% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match not proof the account is current
Times sold
1 licensed rental
$0$500K$1.0MZIP 19147 (Queen Village · East Passyunk) median$611K2001200620112016202120262027
Property assessmentBlock median & rangeZIP 19147 (Queen Village · East Passyunk) medianAssessmentDeed / saleAppealPermitLicenseCertification

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 record18 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationSprinkler Certification
  3. CertificationFire Alarm Certification
  4. CertificationSprinkler Certification
  5. CertificationFire Alarm Certification
  6. CertificationSprinkler Certification
  7. PermitAddition and/or Alterations
  8. PermitAlterations
  9. PermitNew Construction
  10. PermitAlterations
  11. PermitAddition and/or Alteration
  12. PermitAddition and/or Alteration
  13. PermitChange of Use
  14. AppealZoning board appeal
  15. LicensePHILIP FORTUNA: Rental landlord or residential registration marked closed
  16. LicensePHILIP & GINA FORTUNA: Rental landlord or residential registration initially issued
  17. LicensePHILIP FORTUNA: Rental landlord or residential registration initially issued
  18. Deed / saleDeed / sale $68K

Flags: material assessment exemption; legal basis and term unverified · active rental license · 1 zoning/board appeal on record. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$4,763/year estimated property tax

2026 taxable assessment $340,254 × 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 $611,200. 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 012462101
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $340,254 of $631,900 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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.”

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.

Using OPA's taxable amount ~$4,763/year

$340,254 taxable basis

Difference to verify+$4,082/year
If the full assessment were taxable ~$8,845/year

$631,900 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($631,900 assessed − $291,646 exempt) × 1.3998% ≈ $4,763/year Full-assessment scenario: $631,900 × 1.3998% ≈ $8,845/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.

Bedrooms
7
Bathrooms
4
Stories
3
Interior
2,229 sqft livable area
Lot
616 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
New / rehabbed city code 2
New / rehabbed
Interior condition
New / rehabbed city code 2
New / rehabbed
Quality grade
C assessor's grade
Zoning
CMX2.5 city zoning code
Zoning appeals
1 OPEN · Granted · 2019

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Block context

1500 block of E Passyunk Ave. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1540 E Passyunk Ave  ·  1544 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 ↗

No L&I business license is on record at this address in data through Jul 23, 2026.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

PHILIP & GINA FORTUNAActive

Rental · Initial issue date Apr 23, 2008 · Filed expiration Feb 28, 2027

PHILIP FORTUNAClosed

Rental · Initial issue date Jan 28, 2005 · Terminal license date Jun 30, 2009

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 18 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-008572 · Certified

    Expires 2027-03-25

  2. CertificationSprinkler Certification

    Certification BC-2025-010845 · Certified

    Expires 2026-04-15

  3. CertificationFire Alarm Certification

    Certification BC-2025-006524 · Certified

    Expires 2026-03-15

  4. CertificationSprinkler Certification

    Certification BC-2024-017337 · Certified

    Expires 2025-05-16

  5. CertificationFire Alarm Certification

    Certification BC-2024-010261 · Certified

    Expires 2025-04-13

  6. CertificationSprinkler Certification

    Certification BC-2024-008660 · Certified

    Expires 2024-05-31

  7. PermitAddition and/or Alterations

    Permit MP-2021-005299 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. MULTI FAMILY EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. To put a 90% high efficiency 2 ton ac unit on 3rd floor. No fire rated assemblies. Self contained unit and condenser going in rear.

  8. PermitAlterations

    Permit PP-2021-006430 · Expired

    Replacing a curb trap and fresh air inlet

  9. PermitNew Construction

    Permit FP-2020-002466 · Completed

    For the installation of an automatic wet sprinkler system in accordance with NFPA 13R (using a new 2" fire service line and 2" backflow), throughout a renovated three (3) story attached structure to be used as Group R-2 (three (3) dwelling units), as per plans and hydraulic calculations; see CP-2020-000852 for alterations permit.

  10. PermitAlterations

    Permit PP-2020-008398 · Completed

    1 wc,1 lav,1 tub,1 kit sink PPC 2018

  11. PermitAddition and/or Alteration

    Permit EP-2020-005771 · Completed

    For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.

  12. PermitAddition and/or Alteration

    Permit CP-2020-000852 · Completed

    INTERIOR ALTERATIONS TO LEGALIZE

  13. PermitChange of Use

    Permit 998675 · Completed

    Residential - Household Living - Multi-Family

  14. AppealZoning board appeal

    Appeal 38405 · OPEN · Granted

    Related permit 998675 · PERMIT FOR USE AS THREE(3) DWELLING UNITS IN AN EXISTING STRUCTURE, WITH TWO PREVIOUSLY APPROVED DWELLING UNITS ON THE SECOND/THIRD FLOORS..(SIZE AND LOCATION AS SHOWN ON THE APPLICATION)

  15. License terminal eventPHILIP FORTUNA: Rental landlord or residential registration marked closed

    License 211674 · Closed

    License event. Registration does not prove present operation or storefront occupancy.

  16. License issue eventPHILIP & GINA FORTUNA: Rental landlord or residential registration initially issued

    License 442572 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  17. License issue eventPHILIP FORTUNA: Rental landlord or residential registration initially issued

    License 211674 · Closed

    License event. Registration does not prove present operation or storefront occupancy.

  18. Recorded transfer$68K transfer

    2001

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)