Apartment building report

224 W Walnut Ln

3 stories6,171 sqftRSD1built 1900

Property at a glanceApartment building

Individual owner on record

2026 assessment
$404K OPA value, not a listing price
2027 published assessment
$448K Future roll, not the current tax bill
Neighborhood area
Germantown Approximate · based on ZIP 19144
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 $448,200. It is not yet the billed-year tax basis.

$0$250K$500K$448K201420172020202320262027
Property assessmentAssessmentDeed / salePermitLicenseCertification

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 record7 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationFire Alarm Certification
  3. PermitAddition and/or Alteration
  4. CertificationFire Alarm Certification
  5. LicenseRICHARD MALMED: Rental landlord or residential registration marked inactive
  6. LicenseRICHARD MALMED: Rental landlord or residential registration initially issued
  7. Deed / saleDeed / sale $436K

Verify the public record

$4,257/year estimated property tax

2026 taxable assessment $304,100 × 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 $448,200. 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 881211165
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationHomestead exemption

2026 OPA removes $100,000 from the taxable assessment through the owner-occupant exemption.

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.”

Where the record looks off

Conflicts in City paperwork. Flags on the data, not the property.

"Built 1900" is usually a placeholder

Philadelphia records use 1900 as a stand-in when the real construction year was never documented. Treat the age as unknown, not as 120+ years.

Building report

Apartment building

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

What it is
Apartment building Apts 5-50 Units Masonry
Owner
Individual owner on record Individual name redacted
$ / sq ft
$73 below the $147 median for 2,826 apartments parcels citywide
Interior area
6,171 sqft
Lot size
19,926 sqft
Stories
3
Built
1900
Zoning
RSD1

Block context

200 block of W Walnut Ln. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 218 W Walnut Ln  ·  232-42 W Walnut Ln

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 27, 2026.

Landlord and residential filings

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

RICHARD MALMEDInactive

Rental · Initial issue date Aug 2, 2017 · Terminal license date Sep 30, 2019

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 7 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2025-019674 · Certified

    Expires 2026-07-11

  2. CertificationFire Alarm Certification

    Certification BC-2024-017334 · Certified

    Expires 2025-06-07

  3. PermitAddition and/or Alteration

    Permit EP-2022-010982 · Completed

    Installation of solar array in accordance with signed standard.

  4. CertificationFire Alarm Certification

    Certification BC-2021-002400 · Certified

    Expires 2022-05-28

  5. License terminal eventRICHARD MALMED: Rental landlord or residential registration marked inactive

    License 747491 · Inactive

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

  6. License issue eventRICHARD MALMED: Rental landlord or residential registration initially issued

    License 747491 · Inactive

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

  7. Recorded transfer$436K transfer

    2014

Where this comes from

Methodology & freshness

This report was assembled Jul 28, 2026, 6:27 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)