Property report

1606 Wallace St

3 stories3,150 sqftRM1built 1890

Property at a glanceApartment building

1050 East Historic Associ

2026 assessment
$566K OPA value, not a listing price
2027 published assessment
$584K Future roll, not the current tax bill
Neighborhood area
Fairmount · Spring Garden Approximate · based on ZIP 19130
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 $583,700. It is not yet the billed-year tax basis.

$0$500K$1.0M$584K2010201320162019202220252027
Property assessmentAssessmentL&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 record17 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationFire Alarm Certification
  3. CertificationFire Alarm Certification
  4. CertificationSprinkler Certification
  5. CertificationFire Alarm Certification
  6. License1050 EAST HISTORIC ASSOCIATES LIMITED: Rental landlord or residential registration initially issued
  7. LicenseSUMMIT TAX CREDIT PROPERTIES I LP: Rental landlord or residential registration marked inactive
  8. InspectionPRECOURT (likely: pre-court compliance inspection)
  9. LicenseSUMMIT TAX CREDIT PROPERTIES I LP: Rental landlord or residential registration initially issued
  10. InspectionPRECOURT (likely: pre-court compliance inspection)
  11. PermitMajor alteration
  12. InspectionPRECOURT (likely: pre-court compliance inspection)
  13. InspectionBP_BLDG
  14. InspectionBP_BLDG
  15. InspectionBP_BLDG
  16. L&I violationDA-HIST DIST-OBTAIN PERMIT
  17. InspectionBP_BLDG

Verify the public record

$7,926/year estimated property tax

2026 taxable assessment $566,200 × 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 $583,700. 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 881806612
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.”

Property report

Commercial property

Apartment building, recorded in the City's multi-family category. The public record and owner trail follow.

What it is
Apartment building Apts 5-50 Units Masonry
Owner
1050 East Historic Associ
$ / sq ft
$185 assessed value ÷ interior sqft
Licensed units
6 active rental license
Interior area
3,150 sqft
Lot size
2,875 sqft
Stories
3
Built
1890
Zoning
RM1

Recorded owner

Who's behind it

1050 East Historic Associ · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $1.8M combined
• Tax bills mail to 240 S 8th St, Philadelphia PA, 19107
• Holds an active rental license for this address

Block context

1600 block of Wallace St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1604 Wallace St  ·  1608 Wallace St

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 24, 2026.

Landlord and residential filings

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

1050 EAST HISTORIC ASSOCIATES LIMITEDActive

Rental · Initial issue date Apr 22, 2014 · Filed expiration Feb 28, 2027

SUMMIT TAX CREDIT PROPERTIES I LPInactive

Rental · Initial issue date Apr 26, 2012 · 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 17 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-014662 · Certified

    Expires 2027-05-08

  2. CertificationFire Alarm Certification

    Certification BC-2025-015247 · Certified

    Expires 2026-05-23

  3. CertificationFire Alarm Certification

    Certification BC-2024-013356 · Certified

    Expires 2025-05-03

  4. CertificationSprinkler Certification

    Certification BC-2023-026286 · Certified

    Expires 2024-12-12

  5. CertificationFire Alarm Certification

    Certification BC-2023-011025 · Certified

    Expires 2024-05-04

  6. License issue event1050 EAST HISTORIC ASSOCIATES LIMITED: Rental landlord or residential registration initially issued

    License 625951 · Active

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

  7. License terminal eventSUMMIT TAX CREDIT PROPERTIES I LP: Rental landlord or residential registration marked inactive

    License 562091 · Inactive

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

  8. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 254662 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  9. License issue eventSUMMIT TAX CREDIT PROPERTIES I LP: Rental landlord or residential registration initially issued

    License 562091 · Inactive

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

  10. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 254662 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  11. PermitMajor alteration

    Permit 364579 · EXPIRED

    REMOVING EXISTING CONCRETE STEPS AND REPLACE WITH MARBLE PER SUBMITTED PLAN AND HISTORICAL COMMISSION APPROVAL.

  12. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 254662 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  13. InvestigationBP_BLDG

    Case 254662 · CLOSED

    City marked the record closed; open the case for the closing reason.

  14. InvestigationBP_BLDG

    Case 254662 · PASSED

    The cited inspection visit was marked passed.

  15. InvestigationBP_BLDG

    Case 254662 · FAILED

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

  16. ViolationDA-HIST DIST-OBTAIN PERMIT

    Case 254662 · Violation 2702310 · Code PM-704.2/1 · RESOLVE

  17. InvestigationBP_BLDG

    Case 254662 · FAILED

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

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 3:23 AM 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)