Property report
505 S 42nd St
3 stories2,805 sqftRTA1built 1920
Drexel Property Associate
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 $910,300. It is not yet the billed-year tax basis.
- OPA assessment · 2016$364K 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 · 2017$364K 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 · 2018$464K 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 · 2019$774K 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 · 2020$779K 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 · 2021$779K 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 · 2022$779K 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 · 2023$820K 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 · 2024$820K 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 · 2025$838K 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$838K 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$910K 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 ↗
- Permit · 2007-10-18AlterationThis 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 · 2007-10-18PENALTY- NO BLDG PERM INFOA 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 ↗
- L&I violation · 2007-10-18PERMB- TO COMPLY VIOLA 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 ↗
- L&I violation · 2007-10-18PERMP- ALTER/REPAIR/REPL PLUMBA 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 · 2007-10-18BP_BLDGA 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 ↗
- Permit · 2007-12-10Zoning/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 · 2007-12-17ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2007-12-19Major alterationA broad legacy permit work category for a substantial building alteration. It can include changed layouts, partitions, fixtures, finishes, structural work, or occupancy-related work, but only the approved scope and plans say what this permit actually authorized; separate trade permits may be required.What Philadelphia building permits can cover ↗
- Permit · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-01-22PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing 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 · 2008-03-31ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2008-04-16ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. 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 · 2023-04-20PERIODIC 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 ↗
- L&I violation · 2023-04-20EXTERIOR STRUCTURE STAIRS, DECKS, PORCHESA 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 ↗
- L&I violation · 2023-04-20FIRE EXTINGUISHERSA 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 · 2023-04-20L&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 ↗
- L&I violation · 2025-03-03GARBAGE STORAGEA 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 · 2007-12-05BP_BLDGA 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 · 2008-01-03BP_BLDGA 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 · 2008-01-15BP_BLDGA 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 · 2023-11-24L&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 · 2025-03-04L&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 · 2025-03-25L&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 · 2004-11-02DREXEL PROP ASSOC 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 ↗
- Certification · 2023-09-13Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
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.
- InspectionL&I investigation
- InspectionL&I investigation
- L&I violationGARBAGE STORAGE
- InspectionL&I investigation
- CertificationFire Alarm Certification
- L&I violationPERIODIC TESTING
- L&I violationEXTERIOR STRUCTURE STAIRS, DECKS, PORCHES
- L&I violationFIRE EXTINGUISHERS
- InspectionL&I investigation
- PermitElectrical
- PermitElectrical
- PermitPlumbing
- PermitPlumbing
- PermitPlumbing
- PermitPlumbing
- PermitPlumbing
- PermitPlumbing
- PermitPlumbing
- InspectionBP_BLDG
- InspectionBP_BLDG
- PermitMajor alteration
- PermitElectrical
- PermitZoning/use
- InspectionBP_BLDG
- PermitAlteration
- L&I violationPENALTY- NO BLDG PERM INFO
- L&I violationPERMB- TO COMPLY VIOL
- L&I violationPERMP- ALTER/REPAIR/REPL PLUMB
- InspectionBP_BLDG
- LicenseDREXEL PROP ASSOC LLC: Rental landlord or residential registration initially issued
Verify the public record
Property tax
$11,732/year estimated property tax
2026 taxable assessment $838,100 × 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 $910,300. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8816109002026 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 multi-family category. The public record and owner trail follow.
Recorded owner
Who's behind it
Drexel Property Associate · corporate / LLC owner
• Owns 3 properties across Philadelphia under this name, assessed at $2.7M combined
• Tax bills mail to 2015 Locust St, Philadelphia PA, 19103
• Holds an active rental license for this address
Block context
500 block of S 42nd St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 503 S 42nd St · 507 S 42nd St
L&I license dates · data through Jul 27, 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 27, 2026.
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
Rental · Initial issue date Nov 2, 2004 · Filed expiration Feb 28, 2027
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 30 dated rows
- InvestigationL&I investigation
Case CF-2025-013894 · PASSED
The cited inspection visit was marked passed.
- InvestigationL&I investigation
Case CF-2025-013894 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationGARBAGE STORAGE
Case CF-2025-013894 · Violation VI-2025-010959 · Code PM15-308.3.1 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationL&I investigation
Case CF-2023-033094 · PASSED
The cited inspection visit was marked passed.
- CertificationFire Alarm Certification
Certification BC-2023-021205 · Certified
Expires 2024-09-13
- ViolationPERIODIC TESTING
Case CF-2023-033094 · Violation VI-2023-025204 · Code F-901.6.4 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationEXTERIOR STRUCTURE STAIRS, DECKS, PORCHES
Case CF-2023-033094 · Violation VI-2023-025209 · Code PM15-304.10 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationFIRE EXTINGUISHERS
Case CF-2023-033094 · Violation VI-2023-025211 · Code F-906.2 · COMPLIED
Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationL&I investigation
Case CF-2023-033094 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitElectrical
Permit 144725 · COMPLETED
1 FIRE CONTROL PANEL, 6 SMOKES, 2 MANUAL PULLS, 8 SOUNDING HORNS, (6) 110 AC SMOKES (WEST DIST)
- PermitElectrical
Permit 141930 · COMPLETED
REPLACE EXISTING SWITCHES, RECEPTACLES & LIGHT FIXTURES. IN ACCORDANCE WITH 2005 NEC.
- PermitPlumbing
Permit 127611 · COMPLETED
FIXTURE REPLACEMENT
- PermitPlumbing
Permit 127612 · COMPLETED
FIXTURE REPLACEMENT
- PermitPlumbing
Permit 127613 · COMPLETED
FIXTURE REPLACEMENT
- PermitPlumbing
Permit 127614 · COMPLETED
FIXTURE REPLACEMENT
- PermitPlumbing
Permit 127615 · COMPLETED
FIXTURE REPLACEMENT
- PermitPlumbing
Permit 127899 · COMPLETED
REPLACE FIXTURES
- PermitPlumbing
Permit 127903 · COMPLETED
FIXTURE REPLACEMENT
- InvestigationBP_BLDG
Case 131603 · PASSED
The cited inspection visit was marked passed.
- InvestigationBP_BLDG
Case 131603 · PASSED
The cited inspection visit was marked passed.
- PermitMajor alteration
Permit 120596 · COMPLETED
INSTALLATION OF NEW FLOORING,BATHROOM FIXTURES,CABINETS, AND INTERIOR PARTITIONS IN EVERY APT.INSTALL NEW COMMUNICATING STAIR IN 3RD FLOOR REAR TO CONNECT ATTIC( STORAGE ONLY).NEW WOOD SUN DECKS @2ND AND 3RD FLOOR REAR. ZONING PERMIT #118290. REPLACE PYWOOD AND SIDING FOR REAR BAY.ALL WORK AS PER PLANS.
- PermitElectrical
Permit 122030 · COMPLETED
RIP OUT EXISTING SERVICE INSTALL NEW 200 AMP SERVICE INCLUDING ONE 200 AMP SWITCH AND 7 METERS ONLYS (WEST DIST)
- PermitZoning/use
Permit 118290 · COMPLETED
SIX (6) FAMILY UNITS - APPLICATION FOR NEW WOODEN DECKS AT 2ND & 3RD FLOOR BUILT ONTO AN EXISTING PROCH AREA IN THE REAR YARD 3RD FLOOR ATIC TO BE ENCLOSED AND USE FOR STORAGE ONLY.
- InvestigationBP_BLDG
Case 131603 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- PermitAlteration
Permit 110160 · COMPLETED
REMOVE AND REPLACE SHINGLES AND OTHER RELATED ROOF WORK
- ViolationPENALTY- NO BLDG PERM INFO
Case 131603 · Violation 758215 · Code A-901.13/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMB- TO COMPLY VIOL
Case 131603 · Violation 758217 · Code A-301.6/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationPERMP- ALTER/REPAIR/REPL PLUMB
Case 131603 · Violation 758218 · Code A-301.1/55 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- InvestigationBP_BLDG
Case 131603 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- License issue eventDREXEL PROP ASSOC LLC: Rental landlord or residential registration initially issued
License 223432 · Active
License event. Registration does not prove present operation or storefront occupancy.
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 28, 2026, 7:38 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)
