2026 assessment
$960K
OPA value, not a listing price
Apartment building report
1701 Wallace St
3 stories3,900 sqftRM1built 1920
Property at a glanceApartments
Loonstyn Development LP
2027 published assessment
$1.0M
Future roll, not the current tax bill
Location
1700 block of Wallace St
ZIP 19130
Neighborhood area
Fairmount · Spring Garden
Approximate · based on ZIP 19130
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 $1,002,300. It is not yet the billed-year tax basis.
- OPA assessment · 2025$960K 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 · 2026$960K 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$1.0M 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 · 2015Deed / sale $458KA 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 $675KA 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 · 2021-06-02Interior Non-Load-Bearing Wall Demo.This permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2021-07-01Change 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 ↗
- Permit · 2021-11-17Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-01-24Addition and/or AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-04-07Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-04-25Addition and/or AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2022-05-27AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- L&I violation · 2025-12-01PERIODIC TESTINGA dated L&I enforcement row. Read the cited code, required correction, status, and later inspections together; the title alone does not establish the property’s current condition.How L&I violations and orders work ↗
- Inspection · 2025-12-01L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2026-01-08L&I investigationA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- License · 2022-11-17LOONSTYN DEVELOPMENT, L.P. (1701 wallace st): 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 ↗
Property assessmentAssessmentDeed / saleL&I violationPermitInspectionLicense
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 record13 events · exact dates, newest first
- InspectionL&I investigation
- L&I violationPERIODIC TESTING
- InspectionL&I investigation
- LicenseLOONSTYN DEVELOPMENT, L.P. (1701 wallace st): Rental landlord or residential registration initially issued
- PermitAlterations
- PermitAddition and/or Alterations
- PermitAddition and/or Alteration
- PermitAddition and/or Alterations
- PermitAddition and/or Alteration
- PermitChange of Use
- PermitInterior Non-Load-Bearing Wall Demo.
- Deed / saleDeed / sale $675K
- Deed / saleDeed / sale $458K
Verify the public record
Property tax
$8,484/year estimated property tax
2026 taxable assessment $606,100 × 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 $1,002,300. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8810010302026 OPA taxes $606,100 of $960,000 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.”
Building report
Apartment building
Apartments, recorded in the City's apartments category. The public record and owner trail follow.
What it is
Apartments
Row 3 Sty Masonry
Owner
Loonstyn Development LP
$ / sq ft
$257
above the $147 median for 2,826 apartments parcels citywide
Licensed units
5
active rental license
Interior area
3,900 sqft
Lot size
2,100 sqft
Stories
3
Built
1920
Zoning
RM1
Recorded owner
Who's behind it
Loonstyn Development LP · corporate / LLC owner
• Owns 12 properties across Philadelphia under this name, assessed at $14M combined
• Tax bills mail to 2333 Fairmont Ave Unit 104, Philadelphia PA, 19130
• Holds an active rental license for this address
Block context
1700 block of Wallace St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1703 Wallace St · 1703 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.
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.
LOONSTYN DEVELOPMENT, L.P. (1701 wallace st)Active
Rental · Initial issue date Nov 17, 2022 · Filed expiration Nov 16, 2026
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 13 dated rows
- InvestigationL&I investigation
Case CF-2025-129153 · PASSED
The cited inspection visit was marked passed.
- ViolationPERIODIC TESTING
Case CF-2025-129153 · Violation VI-2025-093319 · Code F-901.6.4 · COMPLIED
Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationL&I investigation
Case CF-2025-129153 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- License issue eventLOONSTYN DEVELOPMENT, L.P. (1701 wallace st): Rental landlord or residential registration initially issued
License 910834 · Active
License event. Registration does not prove present operation or storefront occupancy.
- PermitAlterations
Permit PP-2022-003987 · Completed
Alterations: Interior an dexterior plumbing. All proposed work to be done in accordance with Philadelphia Plumbing Code 2018.
- PermitAddition and/or Alterations
Permit MP-2022-001629 · Completed
FOR THE INSTALLATION OF A NEW HVAC SYSTEMS, ASSOCIATED DUCT WORK, ROOFTOP UNITS, APPLIANCES, AND REGISTERS/DIFFUSERS AS PER APPROVED PLANS. SEPARATE PERMIT REQUIRED FOR ELECTRICAL, PLUMBING, FIRE SUPPRESSION
- PermitAddition and/or Alteration
Permit EP-2022-000772 · Completed
INSTALL A 400 AMP SERVICE, (6) GANG METER BANK, (6) 100 AMP PANELS & FEEDERS. INSTALL WIRING THROUGHOUT THE COMMON AREAS AND FIVE UNITS. INSTALL LIGHTS NORMAL AND EMERGENCY, SWITCHES, SENSORS AND RECEPTACLES. PROVIDE POWER FOR THE MECHANICAL AND HVAC EQUIPMENT. INSTALL A NEW FIRE ALARM SYSTEM THROUGHOUT. ALL WORK IN ACCORDANCE WITH THE 2017 NEC.
- PermitAddition and/or Alterations
Permit FP-2021-003750 · Completed
FOR THE INSTALLATION OF TWO (2) INCH FIRE SERVICE LINES WITH TWO (2) INCH BACKFLOW PREVENTERS, AUTOMATIC FIRE SUPPRESSION SYSTEM AS PER NFPA 13R SYSTEM, AND MANUAL WET STANDPIPE PER NFPA 14. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS. SEPARATE PERMIT REQUIRED FOR ANY OTHER WORK.
- PermitAddition and/or Alteration
Permit CP-2021-004673 · Completed
For level III ateration without change of occupancy classification to create five dwelling units within existing structure. Building to be fully sprinklered. Separate permits required for MEP and FP work.
- PermitChange of Use
Permit ZP-2021-007255 · Issued
Residential - Household Living - Multi-Family
- PermitInterior Non-Load-Bearing Wall Demo.
Permit GM-2021-005589 · Completed
Demo interior non load bearing walls
- Recorded transfer$675K transfer
2021
- Recorded transfer$458K transfer
2015
Unavailable when this report assembled: certifications. Unavailable does not mean no record.
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, 12:07 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: unavailable. “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)