2026 assessment
$786K
OPA value, not a listing price
Multi-family report
535 Budd St
7 bd · 4 stories · 4,795 sqft · RM1 · built 2016
Property at a glanceApartment building
Entity-held
2027 published assessment
$778K
Future roll, not the current tax bill
Location
500 block of Budd St
ZIP 19104
Neighborhood area
University City · West Powelton
Approximate · based on ZIP 19104
Assessment and City record timeline
Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.
Assessed value
$786,000
2026 billed-year assessment · 2027: $777,700 · built 2016
Price / sq ft
$162
block $180 · below block
Assessment change
+42%
+4%/yr since 2018 · 2027 -1% vs 2026
Est. tax bill / yr
$2,934
0.37% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
1
licensed rental
- OPA assessment · 2018$547K 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$1.1M 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$1.1M 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$600K 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$600K 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$786K 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$786K 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$786K 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$786K 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$778K 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 · 2018Deed / sale $3.3MA 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 · 2014-10-02Zoning/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 · 2015-06-23New constructionThis 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 ↗
- Permit · 2015-11-18PlumbingThis 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 · 2016-01-07PlumbingThis 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 · 2016-03-02AdministrativeThis 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 ↗
- Permit · 2016-04-04SuppressionThis permit category usually covers fire-suppression systems or related life-safety 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 · 2016-04-08MechanicalThis 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 ↗
- Permit · 2016-05-24ElectricalThis 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 · 2015-10-27WORKMANLIKE- BUILDING CODEA 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 · 2015-10-27INSURANCE - POST CERTA 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 ↗
- License · 2018-05-02130 E. Lancaster 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 ↗
- License · 2017-12-13PRESTON STREET PROPERTIES 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 ↗
- License · 2019-02-10PRESTON STREET PROPERTIES LLC: Rental landlord or residential registration marked inactiveA 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 ↗
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentDeed / saleL&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 record14 events · exact dates, newest first
- LicensePRESTON STREET PROPERTIES LLC: Rental landlord or residential registration marked inactive
- License130 E. Lancaster LLC: Rental landlord or residential registration initially issued
- Deed / saleDeed / sale $3.3M
- LicensePRESTON STREET PROPERTIES LLC: Rental landlord or residential registration initially issued
- PermitElectrical
- PermitMechanical
- PermitSuppression
- PermitAdministrative
- PermitPlumbing
- PermitPlumbing
- L&I violationWORKMANLIKE- BUILDING CODE
- L&I violationINSURANCE - POST CERT
- PermitNew construction
- PermitZoning/use
Flags: material assessment exemption; legal basis and term unverified · active rental license. Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$2,934/year estimated property tax
2026 taxable assessment $209,600 × 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 $777,700. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 0612047602026 OPA taxes $209,600 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.”
The assessment exemption gap
OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.
$209,600 taxable basis
Difference to verify+$8,068/year
$786,000 scenario basis
The assessment roll does not identify
- Legal basis or program
- Approval or expiration date
- Treatment after a sale
- Current Tax Center balance
Show the assessment math
2026: ($786,000 assessed − $576,400 exempt) × 1.3998% ≈ $2,934/year
Full-assessment scenario: $786,000 × 1.3998% ≈ $11,002/year
Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.
The property, on paper
OPA physical field record.
Bedrooms
7
Stories
4
Interior
4,795 sqft
livable area
Lot
1,417 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B
assessor's grade
ABCDE
Zoning
RM1
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
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: 533 Budd St · 531 Budd St
L&I license dates · data through Jul 25, 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 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 May 2, 2018 · Filed expiration May 1, 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 14 dated rows
- License terminal eventPRESTON STREET PROPERTIES LLC: Rental landlord or residential registration marked inactive
License 759799 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue event130 E. Lancaster LLC: Rental landlord or residential registration initially issued
License 775133 · Active
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$3.3M transfer
2018
- License issue eventPRESTON STREET PROPERTIES LLC: Rental landlord or residential registration initially issued
License 759799 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- PermitElectrical
Permit 686857 · COMPLETED
INSTALL 600AMP SERVICE & WIRING THROUGHOUT MIXED USE BLDG AS PER NEC 2008 WEST DISTRICT & INSTALL FIRE ALARM AS PER NFPA 72
- PermitMechanical
Permit 682961 · COMPLETED
INSTALL (5) HVAC SYSTEMS WITH DUCTWORK. (MIXED-USE)
- PermitSuppression
Permit 655291 · 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. SEE AP#655289 FOR PLANS AND CALCULATIONS.
- PermitAdministrative
Permit 673676 · COMPLETED
FOR AMENDMENT TO PERMIT AP#607994 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.
- PermitPlumbing
Permit 649419 · 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
- PermitPlumbing
Permit 653009 · 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"
- ViolationWORKMANLIKE- BUILDING CODE
Case 607994 · Violation 3753784 · Code A-104.1/1 · RESOLVE
- ViolationINSURANCE - POST CERT
Case 607994 · Violation 3753785 · Code A-302.8/32 · RESOLVE
- PermitNew construction
Permit 607994 · 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.)
- PermitZoning/use
Permit 562254 · 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
- 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 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)