2026 assessment
$869K
OPA value, not a listing price
Mixed-use property report
1631 Wallace St
3,660 sqft · RM1 · built 1915
Property at a glanceApartment building
Glory Investment LLC
2027 published assessment
$955K
Future roll, not the current tax bill
Location
1600 block of Wallace St
ZIP 19130
Neighborhood area
Fairmount · Spring Garden
Approximate · based on ZIP 19130
The property record, over time
Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history, not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $955,200; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
- OPA assessment · 2026$869K 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$955K 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 · 2000Deed / sale $148KA 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 ↗
- Deed / sale · 2008Deed / sale $445KA 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 ↗
- Deed / sale · 2011Deed / sale $488KA 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 ↗
- Deed / sale · 2021Deed / sale $858KA 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 · 2023-05-18Change of UseThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- License · 2021-08-09Glory Investment LLC: Rental landlord or residential registration 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 · 2016-03-21RAHMAT MUHAMMAD: Rental landlord or residential registration 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 · 2021-04-30RAHMAT MUHAMMAD: Rental landlord or residential registration 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 · 2010-11-12L'AUBE LLC: 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 · 2015-06-29L'AUBE LLC: 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 ↗
- License · 2004-08-26MICHAEL BOYLE: Rental landlord or residential registration 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 · 2012-12-22MICHAEL BOYLE: Rental landlord or residential registration 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 ↗
Property assessmentAssessmentDeed / 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
- PermitChange of Use
- LicenseGlory Investment LLC: Rental landlord or residential registration initially issued
- LicenseRAHMAT MUHAMMAD: Rental landlord or residential registration marked inactive
- Deed / saleDeed / sale $858K
- LicenseRAHMAT MUHAMMAD: Rental landlord or residential registration initially issued
- LicenseL'AUBE LLC: Food Preparing and Serving business license marked inactive
- LicenseMICHAEL BOYLE: Rental landlord or residential registration marked inactive
- Deed / saleDeed / sale $488K
- LicenseL'AUBE LLC: Food Preparing and Serving business license initially issued
- Deed / saleDeed / sale $445K
- LicenseMICHAEL BOYLE: Rental landlord or residential registration initially issued
- Deed / saleDeed / sale $148K
Preparing this comparison.
Compare nearby property records
The subject property stays pinned above and is excluded from this comparable list. Repeated condominium addresses include their OPA parcel number.
Property details and source records
The visual history and live comparison stay above. Use these focused views for tax, ownership, nearby-block, and supporting City records.
Property tax
The estimate, live balance, and back-tax record are different.
BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.
2026 taxable assessment $869,200 × 1.3998%. This is an estimate, not a bill or account balance.
OPA also publishes a 2027 assessment of $955,200; it is not the 2026 billed-year value.
A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit or an amount due is not automatically “back taxes.”
OPA 0840000042026 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 mixed-use category. The public record and owner trail follow.
What it is
Apartment building
Str/Off+Apt 3 Sty Masonry
Owner
Glory Investment LLC
OPA tax treatment
Assessed $869K
Taxable assessment on the roll
$ / sq ft
$261
assessed value ÷ interior sqft
Licensed units
2
active rental license
Assessed value
$869,200
2026 OPA · 2027: $955,200
Interior area
3,660 sqft
Lot size
2,100 sqft
Built
1915
Zoning
RM1
Recorded owner
Who's behind it
Glory Investment LLC · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $1.4M combined
• Tax bills mail to 1631 Wallace St, Philadelphia PA, 19130
• 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: 1629 Wallace St · 1627 Wallace St
L&I license dates · data through Jul 24, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
L'AUBE LLCInactive
Food Preparing and Serving · Initial issue date Nov 12, 2010 · Terminal license date Jun 29, 2015
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
Glory Investment LLCActive
Rental · Initial issue date Aug 9, 2021 · Filed expiration Aug 8, 2026
RAHMAT MUHAMMADInactive
Rental · Initial issue date Mar 21, 2016 · Terminal license date Apr 30, 2021
MICHAEL BOYLEInactive
Rental · Initial issue date Aug 26, 2004 · 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.
Browse 12 dated records
Deeds, permits, inspections, licenses, violations, certifications, and appeals.
Open the source ledger 12 dated rows
- PermitChange of Use
Permit ZP-2023-005373 · Issued
Residential - Household Living - Multi-Family
- License issue eventGlory Investment LLC: Rental landlord or residential registration initially issued
License 874867 · Active
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventRAHMAT MUHAMMAD: Rental landlord or residential registration marked inactive
License 695632 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$858K transfer
2021
- License issue eventRAHMAT MUHAMMAD: Rental landlord or residential registration initially issued
License 695632 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventL'AUBE LLC: Food Preparing and Serving business license marked inactive
License 519347 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License terminal eventMICHAEL BOYLE: Rental landlord or residential registration marked inactive
License 214201 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$488K transfer
2011
- License issue eventL'AUBE LLC: Food Preparing and Serving business license initially issued
License 519347 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$445K transfer
2008
- License issue eventMICHAEL BOYLE: Rental landlord or residential registration initially issued
License 214201 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$148K transfer
2000
What this record suggests
The City file documents 1 permit. 1 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
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
- Neighborhood income & rents: US Census ACS 5-year estimates
- Historical mortgage rates: Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery: Street photo © Google · Aerial © Esri, Maxar
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)