Mixed-use property report

525 W Olney Ave

1,620 sqftCMX1built 1925

Property at a glanceMixed-use

L & M Properties Manageme

2026 assessment
$116K OPA value, not a listing price
2027 published assessment
$120K Future roll, not the current tax bill
Neighborhood area
Olney · Logan Approximate · based on ZIP 19120
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 $119,800. It is not yet the billed-year tax basis.

$0$100K$200K$120K200220072012201720222027
Property assessmentAssessmentDeed / salePermitInspectionLicense

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 record12 events · exact dates, newest first
  1. LicenseL & M Properties Mgmt., LLC: Rental landlord or residential registration initially issued
  2. Deed / saleDeed / sale $135K
  3. PermitNew Construction
  4. InspectionADMIN INSP (likely: administrative inspection)
  5. PermitFast form building
  6. InspectionBC INSP (likely: building-code inspection)
  7. InspectionBC INSP (likely: building-code inspection)
  8. InspectionBC INSP (likely: building-code inspection)
  9. InspectionBC INSP (likely: building-code inspection)
  10. InspectionBC INSP (likely: building-code inspection)
  11. Deed / saleDeed / sale $50K
  12. Deed / saleDeed / sale $52K

Verify the public record

$1,627/year estimated property tax

2026 taxable assessment $116,200 × 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 $119,800. 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 871582380
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.”

Property report

Mixed-use property

Mixed-use, recorded in the City's mixed-use category. The public record and owner trail follow.

What it is
Mixed-use Row W/Off Str 2 Sty Mason
Owner
L & M Properties Manageme
$ / sq ft
$74 assessed value ÷ interior sqft
Corridor
5th and Olney city commercial corridor
Interior area
1,620 sqft
Lot size
1,155 sqft
Built
1925
Zoning
CMX1

Recorded owner

Who's behind it

L & M Properties Manageme · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $247K combined
• Tax bills mail to Po Box 335, Chalfont PA, 18914 — outside Philadelphia
• Holds an active rental license for this address

Block context

500 block of W Olney Ave. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 523 W Olney Ave  ·  527 W Olney Ave

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.

L & M Properties Mgmt., LLCActive

Rental · Initial issue date Jan 10, 2024 · Filed expiration Jan 9, 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 12 dated rows
  1. License issue eventL & M Properties Mgmt., LLC: Rental landlord or residential registration initially issued

    License 941588 · Active

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

  2. Recorded transfer$135K transfer

    2019

  3. PermitNew Construction

    Permit 332303 · Expired

    replace service cable with 200amp,install new house meter and panel,install new meter and panel for apartment as per 2008 nec

  4. InvestigationADMIN INSP (likely: administrative inspection)

    Case 69534 · PASSED

    Legacy inspection shorthand; the title alone does not state what condition was examined. The cited inspection visit was marked passed.

  5. PermitFast form building

    Permit 245500 · COMPLETED

  6. InvestigationBC INSP (likely: building-code inspection)

    Case 69534 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  7. InvestigationBC INSP (likely: building-code inspection)

    Case 69534 · CLOSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. City marked the record closed; open the case for the closing reason.

  8. InvestigationBC INSP (likely: building-code inspection)

    Case 69534 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  9. InvestigationBC INSP (likely: building-code inspection)

    Case 49542 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  10. InvestigationBC INSP (likely: building-code inspection)

    Case 49542 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  11. Recorded transfer$50K transfer

    2005

  12. Recorded transfer$52K transfer

    2002

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 11:55 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)