Apartment building report

405 N Simpson St

3 stories6,075 sqftRM1built 2024

Property at a glanceApartments

Modern West Lofts LLC

2026 assessment
$610K OPA value, not a listing price
2027 published assessment
$1.0M Future roll, not the current tax bill
Neighborhood area
Overbrook · Overbrook Farms Approximate · based on ZIP 19151
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 $1,017,400. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$1.0M200820122016202020242027
Property assessmentAssessmentLand buyPermitLicense

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 record11 events · exact dates, newest first
  1. LicenseMODERN WEST LOFTS LLC: Rental landlord or residential registration initially issued
  2. PermitNew Construction or Additions
  3. PermitNew Construction
  4. PermitNew Construction
  5. PermitNew Construction
  6. PermitNew Construction
  7. PermitNew construction, addition, GFA change
  8. Land buyLand record $125K
  9. LicenseHABANA HOLDINGS CORP: Rental landlord or residential registration marked inactive
  10. Land buyLand record $19K
  11. LicenseHABANA HOLDINGS CORP: Rental landlord or residential registration initially issued

Verify the public record

$1,302/year estimated property tax

2026 taxable assessment $93,025 × 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 $1,017,400. 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 881000950
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $93,025 of $610,000 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 Vacant Land Reside < Acre
Owner
Modern West Lofts LLC
$ / sq ft
$167 above the $147 median for 2,826 apartments parcels citywide
Licensed units
6 active rental license
Interior area
6,075 sqft
Lot size
2,500 sqft
Stories
3
Built
2024
Zoning
RM1

Recorded owner

Who's behind it

Modern West Lofts LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $2.0M combined
• Tax bills mail to 290 Andrews Rd, Feasterville Trevose PA, 19053 — outside Philadelphia
• Holds an active rental license for this address

Block context

400 block of N Simpson St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 403 N Simpson St  ·  407 N Simpson 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 23, 2026.

Landlord and residential filings

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

MODERN WEST LOFTS LLCActive

Rental · Initial issue date Jun 2, 2025 · Filed expiration Jun 1, 2027

HABANA HOLDINGS CORPInactive

Rental · Initial issue date Feb 12, 2008 · 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 11 dated rows
  1. License issue eventMODERN WEST LOFTS LLC: Rental landlord or residential registration initially issued

    License 0980483 · Active

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

  2. PermitNew Construction or Additions

    Permit PP-2021-003799 · Completed

    Exterior plumbing Curb trap, Fai and house drain,1,5 inch water service Interior plumbing 14 WC,14 TUBS, 14 LAVATORIES,6 KS,6 LL,6 WH

  3. PermitNew Construction

    Permit MP-2022-003092 · Completed

    INSTALL NEW HVAC SYSTEM FOR A MULTIFAMILY DWELLINGS (6-UNITS) AS PER APPROVED PLAN. **2018 IMC REVIEW** SEPARATE PERMIT SHALL BE REQUIRED FOR INSTALLATION OF AN APPROVED AUTOMATIC FIRE SUPRESSION SYSTEM***

  4. PermitNew Construction

    Permit EP-2022-008804 · Completed

    Install 600 amp service, 6-150 amp panels with one 100 amp house panel, 7 meters, and wiring throughout six units as per 2017 NEC. Install fire alarm system as per 2016 NFPA 72.

  5. PermitNew Construction

    Permit FP-2022-001362 · Completed

    FOR THE INSTALLATION OF A TWO-INCH FIRE SERVICE LINE, TWO-INCH BACKFLOW PREVENTER AND FIRE SPRINKLER SYSTEM IN ACCORDANCE WITH APPROVED PLANS, HYDRAULIC CALCULATIONS AND NFPA 13. *AMEND 5-20-24; REVISE BACKFLOW PREVENTER PER AMENDED CONSTRUCTION DOCUMENTS*

  6. PermitNew Construction

    Permit CP-2022-000880 · Completed

    FOR THE ERECTION OF AN ATTACHED THREE (3) STORY STRUCTURE. FOR USE AS MULTI-FAMILY HOUSEHOLD LIVING CONTAINING SIX (6) DWELLING UNITS. SIZE AND LOCATION AS SHOWN IN APPLICATION/PLANS. BUILDING TO BE FULLY SPRINKLERED IN ACCORDANCE WITH NFPA 13. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. **A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN NINE (9) FEET OF THE BUILDING FACADE IN ACCORDANCE WITH SECTION 3306 OF THE 2018 IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMIT REQUIRED PRIOR TO THE START OF ANY WORK.** SEPARATE PERMITS REQUIRED FOR ANY MECHANICAL, ELECTRICAL, PLUMBING, AND FIRE SUPPRESSION SYSTEM WORK.

  7. PermitNew construction, addition, GFA change

    Permit ZP-2021-013631 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE. SIZE AND LOCATION AS SHOWN ON PLANS.

  8. Land recordLand record

    2021

  9. License terminal eventHABANA HOLDINGS CORP: Rental landlord or residential registration marked inactive

    License 435424 · Inactive

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

  10. Land recordLand record

    2011

  11. License issue eventHABANA HOLDINGS CORP: Rental landlord or residential registration initially issued

    License 435424 · Inactive

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

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 5:03 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)