Multi-family report

1625 W Venango St

6 bd3 stories2,880 sqftRSA5built 2020

Property at a glanceMulti-family

Entity-held

2026 assessment
$532K OPA value, not a listing price
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.

$0$500K$1.0MZIP 19140 (Hunting Park · Nicetown–Tioga) median$532K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19140 (Hunting Park · Nicetown–Tioga) medianAssessmentDeed / salePermitLicense

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 record12 events · exact dates, newest first
  1. LicenseVenango Equity LLC: Rental landlord or residential registration initially issued
  2. Deed / saleDeed / sale $7.0M
  3. Deed / saleDeed / sale $7.0M
  4. LicenseVENANGO COURT LLC: Rental landlord or residential registration marked inactive
  5. LicenseVENANGO COURT LLC: Rental landlord or residential registration initially issued
  6. PermitNew Construction
  7. Deed / saleDeed / sale $6.0M
  8. PermitNew Construction
  9. PermitNew Construction
  10. PermitPlumbing
  11. PermitNew Construction
  12. PermitZoning/use

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

Verify the public record

$1,490/year estimated property tax

2026 taxable assessment $106,440 × 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 $532,200. 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 131005215
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $106,440 of $532,200 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 ~$1,490/year

$106,440 taxable basis

Difference to verify+$5,960/year
If the full assessment were taxable ~$7,450/year

$532,200 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: ($532,200 assessed − $425,760 exempt) × 1.3998% ≈ $1,490/year Full-assessment scenario: $532,200 × 1.3998% ≈ $7,450/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
6
Stories
3
Interior
2,880 sqft livable area
Lot
1,047 sqft
Basement
Full, unfinished city code C
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
Newer construction city code 1
Newer construction
Interior condition
Newer construction city code 1
Newer construction
Zoning
RSA5 city zoning code

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

Recorded owner

Who's behind it

Venango Equity LLC · corporate / LLC owner

• Owns 10 properties across Philadelphia under this name, assessed at $5.3M combined
• Tax bills mail to 410 Monmouth Ave Ste 120, Lakewood NJ, 08701 — outside Philadelphia
• Holds an active rental license for this address

Block context

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

See the whole block →

Next door: 1623 W Venango St  ·  1627 W Venango 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 21, 2026.

Landlord and residential filings

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

Venango Equity LLCActive

Rental · Initial issue date May 17, 2022 · Filed expiration May 16, 2027

VENANGO COURT LLCInactive

Rental · Initial issue date Jul 21, 2020 · Terminal license date Sep 18, 2021

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 11 dated rows
  1. License issue eventVenango Equity LLC: Rental landlord or residential registration initially issued

    License 895593 · Active

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

  2. Recorded transfer$7.0M transfer

    2022

  3. License terminal eventVENANGO COURT LLC: Rental landlord or residential registration marked inactive

    License 846602 · Inactive

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

  4. License issue eventVENANGO COURT LLC: Rental landlord or residential registration initially issued

    License 846602 · Inactive

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

  5. PermitNew Construction

    Permit 1042732 · Completed

    400 AMP SERVICE ,4 GANG METER BANK & NEW FIRE ALARM SYSTEM THROUGHOUT FACTORY WIRED MODULAR UNITS. AS PER THE 2017 NEC & 2016 NFPA-72.

  6. Recorded transfer$6.0M transfer

    2020

  7. PermitNew Construction

    Permit 1036808 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation if New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans.(NO PENERTATION OF RATED ASSEMBLIES- CONDENSERS LOCATED IN REAR YARD)

  8. PermitNew Construction

    Permit 1024056 · Completed

    FOR THE INSTALLATION OF A 2-INCH FIRE SERVICE LINE WITH BACKFLOW PREVENTER FOR THE AUTOMATIC FIRE SUPPRESSION SYSTEM AS PER PFS CORP APPROVED PLANS WITHIN A MODULAR STRUCTURE COVERED UNDER THE INDUSTRIALIZED HOUSING ACT. SEE AP#1024052 FOR THE APPROVED PLAN.

  9. PermitPlumbing

    Permit 1031722 · COMPLETED

    INSTALL 1"WATER SERVICE,HOUSE DRAIN,TRAP,FAI,STACK AND AREA DRAIN WITH INDOOR PLUMBING ALREADY APPROVED THRU MODULAR SETUP-PA1#20193291871-"SELF-CERTIFICATION'S ARE NO LONGER PERMITTED"-"ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"

  10. PermitNew Construction

    Permit 997721 · Completed

    NEW CONSTRUCTION OF A THREE (3) STORY ABOVE GRADE PLANE, W. UNOCCUPIED UTILITY BASEMENT, MULTI-FAMILY DWELLING OF INDUSTRIALIZED ('MODULAR') CONSTRUCTION AT ALL ABOVE GRADE LEVELS, IN ACCORDANCE WITH PFS CORP. APPROVED PLANS, & SITE-BUILT CONSTRUCTION LIMITED TO PRE-ENGINEERED CONCRETE FOUNDATION SYSTEM, STAIRWAY CONSTRUCTION BTWN. BSMT. & FLR 1, & EXTERIOR WALL COVERING SYSTEMS PER APPROVED PLANS; BUILDING TO BE FULLY SPRINKLERED PER NFPA 13R. SEPARATE PERMIT REQ'D FOR INSTALLATION OF PLUMBING & FIRE SUPRESSION SERVICE LINES, INCLUDING ASSOCIATED BACKFLOW PREVENTION (BFP) ASSEMBLIES, & ELECTRICAL SERVICE INSTALLATION. SEE BLDG. PERMIT# 962281 FOR ALL APPROVED CONSTRUCTION DOCUMENTS.

  11. PermitZoning/use

    Permit 743293 · COMPLETED

    : FOR THE ERECTION OF AN ATTACHE DSTRUCTURE ( NTE 38' HIGH); BAY WINDOWS FROM SECOND FLOOR THROUGH THIRD FLOORS FOR A MULTI-FAMILY HOUSEHOLD LIVING ( THREE(3) DWELLING UNITS). SIZE AND LOCATION AS SHOWN IN THE APPLICATION.

Where this comes from

Methodology & freshness

This report was assembled Jul 22, 2026, 7:14 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)