Property report

531 Budd St

12 bd · 4 stories · 4,864 sqft · RM1 · built 2019

Property at a glanceMulti-family

130 E Lancaster LLC

2026 assessment
$786K OPA value, not a listing price
2027 published assessment
$1.1M Future roll, not the current tax bill
Neighborhood area
University City · West Powelton Approximate · based on ZIP 19104
Street view of 531 Budd St
From the street · imagery © Google
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 $1,111,000. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$1.1M201420172020202320262027
Property assessmentAssessmentLand buyL&I violationPermitLicense

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 record15 events · exact dates, newest first
  1. LicensePRESTON STREET PROPERTIES LLC: Rental landlord or residential registration marked inactive
  2. License130 E. Lancaster LLC: Rental landlord or residential registration initially issued
  3. Land buyLand record $3.3M
  4. LicensePRESTON STREET PROPERTIES LLC: Rental landlord or residential registration initially issued
  5. PermitElectrical
  6. PermitMechanical
  7. PermitSuppression
  8. PermitAdministrative
  9. PermitPlumbing
  10. PermitPlumbing
  11. L&I violationWORKMANLIKE- BUILDING CODE
  12. L&I violationINSURANCE - POST CERT
  13. PermitAdministrative
  14. PermitNew construction
  15. PermitZoning/use

Verify the public record

$2,200/year estimated property tax

2026 taxable assessment $157,200 × 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 $1,111,000. 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 061204740
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $157,200 of $786,000 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.”

Property report

Commercial property

Multi-family, recorded in the City's multi-family category. The public record and owner trail follow.

What it is
Multi-family Vacant Land Commer < Acre
Owner
130 E Lancaster LLC
$ / sq ft
$228 assessed value ÷ interior sqft
Licensed units
3 active rental license
Interior area
4,864 sqft
Lot size
1,417 sqft
Stories
4
Built
2019
Zoning
RM1

Recorded owner

Who's behind it

130 E Lancaster LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $2.6M combined
• Tax bills mail to 45 E City Ave, Bala Cynwyd PA, 19004 — outside Philadelphia
• Holds an active rental license for this address

Block context

500 block of Budd St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 529 Budd St  ·  533 Budd 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 25, 2026.

Landlord and residential filings

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

130 E. Lancaster LLCActive

Rental · Initial issue date Apr 25, 2018 · Filed expiration Apr 24, 2027

PRESTON STREET PROPERTIES LLCInactive

Rental · Initial issue date Dec 13, 2017 · Terminal license date Feb 10, 2019

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 15 dated rows
  1. License terminal eventPRESTON STREET PROPERTIES LLC: Rental landlord or residential registration marked inactive

    License 759795 · Inactive

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

  2. License issue event130 E. Lancaster LLC: Rental landlord or residential registration initially issued

    License 774240 · Active

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

  3. Land recordLand record

    2018

  4. License issue eventPRESTON STREET PROPERTIES LLC: Rental landlord or residential registration initially issued

    License 759795 · Inactive

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

  5. PermitElectrical

    Permit 686852 · COMPLETED

    INSTALL 600AMP SERVICE & WIRING THROUGHOUT MIXED USE BLDG AS PER NEC 2008 WEST DISTRICT & INSTALL FIRE ALARM AS PER NFPA 72

  6. PermitMechanical

    Permit 682956 · COMPLETED

    INSTALL (5) HVAC SYSTEMS WITH DUCTWORK. (MIXED-USE)

  7. PermitSuppression

    Permit 655289 · COMPLETED

    FOR THE INSTALLATION OF A TWO (2) INCH FIRE SERVICE LINE W. BACKFLOW PREVENTOR (BFP) ASSEMBLY AND FOR INSTALLATION OF A FIRE SUPPRESSION SYSTEM AS PER NFPA 13 AND NFPA 13R. ALL WORK SHALL BE IN ACCORDANCE WITH APPROVED PLANS. FLOOR LAYOUT SHALL BE IN ACCORDANCE WITH APPROVED BUILDING PERMIT.

  8. PermitAdministrative

    Permit 673660 · COMPLETED

    FOR AMENDMENT TO PERMIT AP#607992 TO REVISE REQUIREMENTS OF THE FIRE SUPPRESSION SYSTEM IN THE BUILDING TO BE INSTALLED IN ACCORDANCE WITH NFPA 2007, STANDARD 13 AND 13R SUPPRESSION SYSTEMS.

  9. PermitPlumbing

    Permit 649391 · COMPLETED

    INTERIOR PLUMBING CONSTRUCTION FOR A NEW (4)STORY STRUCTURE FOR THE USE OF THREE (3)DWELLING UNITS AND GROUND FLOOR COMMERCIAL USE TO A POINT 5'-0" OUTSIDE ONLY- A SCUPPER WILL BE INSTALLED TO SATISFY THE SECONDARY ROOF DRAINAGE REQUIREMENTS OF THE 2009 INTERNATIONAL BUILDING CODE SECTION 1503.5 AND THE 2009 INTERNATIONAL PLUMBING CODE SECTION 1107 - NOTE: SEPARATE PERMIT APPLICATIONS REQUIRED FOR HOUSE TRAP, WATER DISTRIBUTION, SEWER/WATER CONNECTIONS TO THE CITY MAINS AND THE INSTALLATION OF THE 1-1/2" BACKFLOW PREVENTION CONTAINMENT DEVICE AT THE WATER METER - THE INSTALLATION WILL COMPLY WITH THE APPROVED PLANS AND THE PHILADELPHIA PLUMBING CODE 2004

  10. PermitPlumbing

    Permit 653004 · COMPLETED

    INSTALL NEW 6" LATERAL,HOUSE TRAP,HOUSE MAIN,1.5 WATER SERVICE,1-1/2 BACKFLOW.SELF (MIXED USE)PA20153220111 CERTIFICATION'S ARE NO LONGER PERMITTED","ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FT IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"

  11. ViolationWORKMANLIKE- BUILDING CODE

    Case 607992 · Violation 3764561 · Code A-104.1/1 · RESOLVE

  12. ViolationINSURANCE - POST CERT

    Case 607992 · Violation 3764562 · Code A-302.8/32 · RESOLVE

  13. PermitAdministrative

    Permit 624599 · COMPLETED

    AMEND PERMIT AP#607992 FOR THE INSTALLATION OF UNDERPINNING OF FOUNDATION AT 529 N BUDD ST. LICENSED PROFESSIONAL ENGINEER ON RECORD TO BE ON-SITE TO CONDUCT CONTINUOUS SPECIAL INSPECTIONS PER CODE BULLETIN B-0503. **PER CODE BULLETIN B-0702, WRITTEN NOTICE SHALL BE PROVIDED TO THE OWNERS OF THE ADJOINING PROPERTY ADVISING THEM THAT THE EXCAVATION IS TO BE MADE AND THAT ADJOINING BUILDINGS SHOULD BE PROTECTED, TO BE DELIVERED NOT LESS THAN TEN (10) DAYS PRIOR TO THE SCHEDULED START DATE OF THE EXCAVATION.**

  14. PermitNew construction

    Permit 607992 · COMPLETED

    FOR THE ERECTION OF A NEW LIGHT-FRAMED FOUR (4) STORY STRUCTURE FOR THE USE OF THREE (3) DWELLING UNITS AND GROUND FLOOR COMMERCIAL USE. **SEPARATE PERMITS TO BE REQUIRED FOR PLUMBING, ELECTRICAL, MECHANICAL, FIRE SUPPRESSION SYSTEM.** (NOTE: BUILDING TO BE SPRINKLERED IN ACCORDANCE WITH NFPA 13 SUPPRESSION SYSTEM.) (SEE AP#594816 FOR ASSOCIATED PLANS.)

  15. PermitZoning/use

    Permit 562252 · COMPLETED

    FOR THE CONSTRUCTION OF A FOUR STORY, MULTI-FAMILY RESIDENCES WITH (3) DWELLINGS UNITS FROM 2ND FLOOR THRU 4TH FLOOR AND OFFICE SPACE ON FIRST FLOOR

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 6:07 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)