Apartment building report

5225 Walnut St

3 stories5,589 sqftRSA5built 2023

Property at a glanceApartments

C3 Real Estate Development LLC

2026 assessment
$610K OPA value, not a listing price
2027 published assessment
$527K Future roll, not the current tax bill
Neighborhood area
Walnut Hill · Haddington Approximate · based on ZIP 19139
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 $526,800. It is not yet the billed-year tax basis.

$0$500K$1.0M$527K20192021202320252027
Property assessmentAssessmentLand buyAppealPermitLicenseCertification

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. CertificationFire Alarm Certification
  2. LicenseC3 Real Estate Development LLC: Rental landlord or residential registration initially issued
  3. PermitNew Construction or Additions
  4. PermitAlterations
  5. PermitNew Construction
  6. PermitNew Construction
  7. PermitNew Construction
  8. PermitNew Construction
  9. Land buyLand record $145K
  10. AppealZBA Other
  11. Land buyLand record $55K

Verify the public record

$854/year estimated property tax

2026 taxable assessment $61,000 × 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 $526,800. 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 881000736
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $61,000 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 Commer < Acre
Owner
C3 Real Estate Development LLC
$ / sq ft
$94 below the $147 median for 2,826 apartments parcels citywide
Corridor
52nd Street city commercial corridor
Licensed units
5 active rental license
Interior area
5,589 sqft
Lot size
1,813 sqft
Stories
3
Built
2023
Zoning
RSA5

Recorded owner

Who's behind it

C3 Real Estate Development LLC · corporate / LLC owner

• Owns 14 properties across Philadelphia under this name, assessed at $2.6M combined
• Tax bills mail to Po Box 37635 #87420, Philadelphia PA, 19101
• Holds an active rental license for this address

Block context

5200 block of Walnut St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 5223 Walnut St  ·  5227 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 ↗

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.

C3 Real Estate Development LLCActive

Rental · Initial issue date Jul 28, 2023 · Filed expiration Jul 27, 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 11 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2024-033312 · Certified

    Expires 2025-04-26

  2. License issue eventC3 Real Estate Development LLC: Rental landlord or residential registration initially issued

    License 929603 · Active

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

  3. PermitNew Construction or Additions

    Permit PP-2022-007786 · Completed

    Five Family Dwelling: 5 Kitchen, 5 Laundry, 5 HWH, 1 Shower, 5 Tubs, 6 Toilets, 6 Vanity

  4. PermitAlterations

    Permit PP-2022-008568 · Completed

    New 1 1/2" DS Curb traps and main drains

  5. PermitNew Construction

    Permit FP-2022-001440 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH 2 1/2"-INCH AMES 2000SS BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. FIRE SUPPRESSION SYSTEM TO BE INSTALLED IN ACCORDANCE WITH NFPA 13 STANDARD.

  6. PermitNew Construction

    Permit EP-2022-001750 · Completed

    Install 400amp service, wiring throughout, install light fixtures, outlets, switches, 110v interconnected smoke alarms ,emergency lights, exit signs. Install complete fire alarm system with low frequency sound in all living rms and bedrooms , tamper switch ,flow switch. ALL WORK IS TO BE DONE ACCORDING TO APPROVED DRAWINGS-2017 NEC,2016 NFPA-72,2018 PHILA FIRE CODE.

  7. PermitNew Construction

    Permit MP-2022-001391 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. (Install One (1)- 92% Eff. 60,000 BTU Gas furnaces Exhausted via direct vent to the exterior (Side) install ductwork, grilles, registers and diffusers, installing One 2-Ton Coil & One 2-Ton 13 SEER A/C condenser located on a pad at the rear of the building on the ground floor. 5 family Dwelling (Mlt) CP-2020-004627).

  8. PermitNew Construction

    Permit CP-2020-004627 · Completed

    FOR THE CONSTRUCTION OF A THREE-STORY STRUCTURE WITH BASEMENT, FOR USE AS A THREE-FAMILY DWELLING, AS PER APPROVED PLANS. **NO ROOF DECK. PENTHOUSE FOR MECHANICAL ACCESS ONLY** FOR THE AMENDMENT AS OF 2/17/2021 TO REVISE PERMIT LANGUAGE TO CORRECTLY STATE A FIVE (5) FAMILY DWELLING.

  9. Land recordLand record

    2021

  10. AppealZBA Other

    Appeal 38340 · Submitted

    PERMIT FOR THE ERECTION OF A THREE STORY MULTI FAMILY STRUCTURE CONTAINING FIVE (5) DWELLING UNITS

  11. Land recordLand record

    2019

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 8:19 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)