2026 assessment
$172K
OPA value, not a listing price
Mixed-use property report
5240 Market St
Research this property with Analyst →3 stories2,712 sqftCMX2.5built 1925
Property at a glanceApartment building
New Hope Property LLC
2027 published assessment
$184K
Future roll, not the current tax bill
Location
5200 block of Market St
ZIP 19139
Neighborhood area
Walnut Hill · Haddington
Approximate · based on ZIP 19139
Open L&I record
Open City history ↗1 violation row marked OPEN in 1 active case
The actual City titles, code sections, case posture, and latest recorded inspections are shown here instead of only an aggregate count.
Case CF-2025-137991
IN VIOLATIONExterior Structure Identification
- Exterior Structure Identification
PM15-304.3
OPEN is the status in the fetched L&I file, not a new inspection by BlockReport. Read the notice for the cited condition and required correction, then verify the live case with L&I.
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 $184,400. It is not yet the billed-year tax basis.
- OPA assessment · 2016$58K 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$58K 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$121K 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$125K 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$126K 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$126K 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$126K 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$164K 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$164K 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$172K 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$172K 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$184K 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 ↗
- Deed / sale · 2022Deed / sale $180KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Permit · 2024-10-12Change of 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 ↗
- L&I violation · 2025-12-30EXTERIOR STRUCTURE IDENTIFICATIONA 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 · 2025-12-31L&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 ↗
Property assessmentAssessmentDeed / saleL&I violationPermitInspection
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 record4 events · exact dates, newest first
- InspectionL&I investigation
- L&I violationEXTERIOR STRUCTURE IDENTIFICATION
- PermitChange of Use
- Deed / saleDeed / sale $180K
Verify the public record
Property tax
$2,409/year estimated property tax
2026 taxable assessment $172,100 × 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 $184,400. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8716018152026 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
Mixed-use property
Apartment building, recorded in the City's mixed-use category. The public record and owner trail follow.
1 open violation
What it is
Apartment building
Str/Off+Apt 3 Sty Masonry
Owner
New Hope Property LLC
$ / sq ft
$68
assessed value ÷ interior sqft
Corridor
52nd Street
city commercial corridor
Interior area
2,712 sqft
Lot size
1,155 sqft
Stories
3
Built
1925
Zoning
CMX2.5
Recorded owner
Who's behind it
New Hope Property LLC · corporate / LLC owner
• Owns 4 properties across Philadelphia under this name, assessed at $936K combined
• Tax bills mail to 802 Garrett Rd, Upper Darby PA, 19082 — outside Philadelphia
Block context
5200 block of Market St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 5242 Market St · 5244 Market St
L&I licenses checked through Jul 24, 2026
No business or residential license records
No business license or residential registration matched this OPA parcel in the latest City data.
Open every source row 4 dated rows
- InvestigationL&I investigation
Case CF-2025-137991 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- ViolationEXTERIOR STRUCTURE IDENTIFICATION
Case CF-2025-137991 · Violation VI-2025-100328 · Code PM15-304.3 · OPEN
The individual violation row was marked open in the assembled City file; verify the live notice and any later inspection.
- PermitChange of Use
Permit ZP-2024-005732 · Issued
Residential - Household Living - Two-Family; Office - Business and Professional
- Recorded transfer$180K transfer
2022
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
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 25, 2026, 5:12 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)