Apartment building report

4044-50 Walnut St

4 stories16,748 sqftCMX3built 1925

Property at a glanceApartment building

Simon Associates_limited

2026 assessment
$4.0M OPA value, not a listing price
2027 published assessment
$4.1M Future roll, not the current tax bill
Neighborhood area
University City · West Powelton Approximate · based on ZIP 19104
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 $4,134,600. It is not yet the billed-year tax basis.

$0$2.5M$5.0M$4.1M2004200820122016202020242027
Property assessmentAssessmentTeardownPermitLicenseCertification

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 record16 events · exact dates, newest first
  1. TeardownDemolished
  2. PermitAlterations
  3. PermitNew construction, addition, GFA change
  4. PermitMajor Demolition
  5. LicenseSIMON ASSOCIATES_LIMITED (SIMON ASSOCIATES LIMITED): Rental landlord or residential registration marked inactive
  6. PermitFull Demolition
  7. PermitAlterations
  8. CertificationFire Escape Report
  9. PermitUse
  10. LicenseSIMON ASSOCIATES: Rental landlord or residential registration marked inactive
  11. LicenseWEIGHT WATCHERS OF PHILA: Food Establishment, Retail Permanent Location business license marked inactive
  12. PermitPlumbing
  13. PermitPlumbing
  14. LicenseSIMON ASSOCIATES_LIMITED (SIMON ASSOCIATES LIMITED): Rental landlord or residential registration initially issued
  15. LicenseWEIGHT WATCHERS OF PHILA: Food Establishment, Retail Permanent Location business license initially issued
  16. LicenseSIMON ASSOCIATES: Rental landlord or residential registration initially issued

Verify the public record

$55,992/year estimated property tax

2026 taxable assessment $4,000,000 × 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 $4,134,600. 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 881120920
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.”

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
Simon Associates_limited
$ / sq ft
$247 above the $147 median for 2,826 apartments parcels citywide
Corridor
40th Street and vicinity city commercial corridor
Interior area
16,748 sqft
Lot size
12,890 sqft
Stories
4
Built
1925
Zoning
CMX3

Recorded owner

Who's behind it

Simon Associates_limited · corporate / LLC owner

• Owns 55 properties across Philadelphia under this name, assessed at $63M combined
• Tax bills mail to 4043 Walnut St, Philadelphia PA, 19104

Block context

4000 block of Walnut St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 4042 Walnut St  ·  4040 Walnut 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 ↗
WEIGHT WATCHERS OF PHILAInactive

Food Establishment, Retail Permanent Location · Initial issue date Apr 17, 2004 · Terminal license date Oct 25, 2010

Landlord and residential filings

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

SIMON ASSOCIATES_LIMITED (SIMON ASSOCIATES LIMITED)Inactive

Rental · Initial issue date Mar 9, 2005 · Terminal license date Apr 29, 2022

SIMON ASSOCIATESInactive

Rental · Initial issue date Mar 19, 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.

Open every source row 15 dated rows
  1. PermitAlterations

    Permit PP-2023-016597 · Completed

    SEAL SEWER LATERAL

  2. PermitNew construction, addition, GFA change

    Permit ZP-2022-007683 · Issued

    FOR THE COMPLETE DEMOLITION OF ALL EXISTING STRUCTURES. FOR THE ERECTION OF A DETACHED STRUCTURE WITH A CELLAR AND ROOF DECKS AT THE THIRD AND ELEVENTH FLOOR LEVEL. SIZE AND LOCATION AS SHOWN ON PLANS.

  3. PermitMajor Demolition

    Permit DP-2022-000281 · Completed

    COMPLETE DEMOLITION OF EXISTING BUILDING BY HAND AND MECHANICAL EQUIPMENT. ALL PERMITTED DEMOLITION ACTIVITY TO BE IN ACCORDANCE WITH APPROVED SITE SAFETY DEMOLITION PLAN & SUCH PLAN TO BE MAINTAINED ON SITE AT ALL TIMES. FULL SIDEWALK CLOSURE REQUIRED AS REFLECTED ON APPROVED SITE PLAN AND IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE STREET CLOSURE PERMIT REQUIRED PRIOR TO START OF WORK.

  4. License terminal eventSIMON ASSOCIATES_LIMITED (SIMON ASSOCIATES LIMITED): Rental landlord or residential registration marked inactive

    License 308544 · Inactive

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

  5. PermitFull Demolition

    Permit ZP-2022-001873 · Issued

    for the complete demolition of an existing structure.

  6. PermitAlterations

    Permit PP-2022-002829 · Expired

    SEAL LATERAL

  7. CertificationFire Escape Report

    Certification BC-2023-005847 · Safe

    Expires 2022-06-15

  8. PermitUse

    Permit 590880 · COMPLETED

    USE AS 7 DWELLING UNITS- REMOVING OFFICE SPACE/MEETING ROOM, RETAIN OFFICE SPACE FOR REAL ESTATE

  9. License terminal eventSIMON ASSOCIATES: Rental landlord or residential registration marked inactive

    License 217310 · Inactive

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

  10. License terminal eventWEIGHT WATCHERS OF PHILA: Food Establishment, Retail Permanent Location business license marked inactive

    License 199407 · Inactive

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

  11. PermitPlumbing

    Permit 181916 · COMPLETED

    REPLACE HOUSE DRAIN,TRAP AND LATERAL

  12. PermitPlumbing

    Permit 130307 · EXPIRED

    EXPOSE AND REPLACE MAIN SEWER TRAP AND VENT OPEN FOOT WAY/SIDEWALK, 5" LATERAL

  13. License issue eventSIMON ASSOCIATES_LIMITED (SIMON ASSOCIATES LIMITED): Rental landlord or residential registration initially issued

    License 308544 · Inactive

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

  14. License issue eventWEIGHT WATCHERS OF PHILA: Food Establishment, Retail Permanent Location business license initially issued

    License 199407 · Inactive

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

  15. License issue eventSIMON ASSOCIATES: Rental landlord or residential registration initially issued

    License 217310 · Inactive

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

Where this comes from

Methodology & freshness

This report was assembled Jul 22, 2026, 7:54 PM 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)