Property report

616 N 40th St

3 stories3,726 sqftRM1built 2024

Property at a glanceMixed-use

Commonwealth Improvement

2026 assessment
$718K OPA value, not a listing price
2027 published assessment
$801K Future roll, not the current tax bill
Neighborhood area
University City · West Powelton Approximate · based on ZIP 19104
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 $801,000. It is not yet the billed-year tax basis.

$0$500K$1.0M$801K20202022202420262027
Property assessmentAssessmentLand buyL&I violationPermitInspectionLicenseCertification

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 record21 events · exact dates, newest first
  1. LicenseCommonwealth Improvement Fund LLC: Rental landlord or residential registration marked inactive
  2. CertificationFire Alarm Certification
  3. LicenseCommonwealth Improvement Fund LLC: Rental landlord or residential registration initially issued
  4. InspectionL&I investigation
  5. L&I violationWORK NOT ACCORDING TO PLANS
  6. InspectionL&I investigation
  7. PermitNew Construction or Additions
  8. Land buyLand record $951K
  9. PermitNew Construction
  10. PermitNew Construction
  11. PermitNew Construction or Additions
  12. PermitNew Construction
  13. PermitAddition and/or Alteration
  14. PermitNew Construction
  15. PermitNew construction, addition, GFA change
  16. InspectionL&I investigation
  17. InspectionL&I investigation
  18. L&I violationVACANT STRUCTURE & LAND
  19. L&I violationEXTERIOR AREA WEEDS
  20. L&I violationRUBBISH & GARBAGE
  21. InspectionL&I investigation

Verify the public record

$2,010/year estimated property tax

2026 taxable assessment $143,600 × 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 $801,000. 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 871000101
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $143,600 of $718,200 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

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

Not a house

Mixed-use. A $0 assessment-based estimate does not prove the live Tax Center account has no prior-period balance or other charges.

What it is
Mixed-use Vacant Land Commer < Acre
Owner
Commonwealth Improvement Public / institutional
$ / sq ft
$215 assessed value ÷ interior sqft
Interior area
3,726 sqft
Lot size
1,735 sqft
Stories
3
Built
2024
Zoning
RM1

Recorded owner

Who's behind it

Commonwealth Improvement · corporate / LLC owner

• Owns 25 properties across Philadelphia under this name, assessed at $2.3M combined
• Tax bills mail to 71 Morning Glory Way, Huntingdon Valley PA, 19006 — outside Philadelphia

Block context

600 block of N 40th St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 618 N 40th St  ·  612 N 40th 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.

Commonwealth Improvement Fund LLCInactive

Rental · Initial issue date Aug 7, 2023 · Terminal license date Oct 5, 2024

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 21 dated rows
  1. License terminal eventCommonwealth Improvement Fund LLC: Rental landlord or residential registration marked inactive

    License 930280 · Inactive

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

  2. CertificationFire Alarm Certification

    Certification BC-2024-018599 · Certified

    Expires 2025-05-21

  3. License issue eventCommonwealth Improvement Fund LLC: Rental landlord or residential registration initially issued

    License 930280 · Inactive

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

  4. InvestigationL&I investigation

    Case CF-2023-068319 · PASSED

    The cited inspection visit was marked passed.

  5. ViolationWORK NOT ACCORDING TO PLANS

    Case CF-2023-068319 · Violation VI-2023-051796 · Code A-302.10/2 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  6. InvestigationL&I investigation

    Case CF-2023-068319 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  7. PermitNew Construction or Additions

    Permit PP-2023-001162 · Completed

    Installing 1 1/2" Water Service, 6" Curb Trap, 6" Main Drain & 4" Fresh Air Inlet

  8. Land recordLand record

    2023

  9. PermitNew Construction

    Permit EP-2022-007136 · Completed

    Install new 500 amp electrical service. Install new wiring to include outlets, switches, lights, and smoke alarms as per 2017 NEC.

  10. PermitNew Construction

    Permit MP-2022-003613 · Completed

    FOR INSTALLATION OF HVAC SYSTEM TO SERVE THE MIXED-USE STRUCTURE AS PER APPROVED PLANS.

  11. PermitNew Construction or Additions

    Permit PP-2022-009690 · Completed

    installation of 3 kitchens, 3 laundries, 9 toilets, 9 lavatories, 9 tubs, 3 water heaters

  12. PermitNew Construction

    Permit FP-2022-001690 · Completed

    FOR THE INSTALLATION OF A NEW FIRE SUPPRESSION SYSTEM DESIGNED PER NFPA 13 STANDARD WITH A 2 INCH FIRE SERVICE LINE AND SPRINKLER LAYOUT AS PER PLANS.

  13. PermitAddition and/or Alteration

    Permit EP-2022-004846 · Completed

    Installation of 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.

  14. PermitNew Construction

    Permit CP-2021-001952 · Completed

    FOR THE CONSTRUCTION OF AN ATTACHED THREE-STORY STRUCTURE WITH A ROOF DECK ACCESSED BY A PILOT HOUSE .FOR USE AS BUSINESS AND PROFESSIONAL OFFICE ON THE 1ST FLOOR FRONT AND MULTI-FAMILY HOUSEHOLD LIVING (3 UNITS) FROM FIRST FLOOR REAR THROUGH THIRD FLOOR**BUILDING TO BE SPRINKLERED AS PER NFPA 13 THROUGHOUT**SEPARATE PERMITS REQUIRED FOR ANY MECHANICAL, ELECTRICAL PLUMBING OR FIRE SUPPRESSION WORK**IBC 2018**SPECIAL INSPECTIONS TO BE MONITORED AT ALL TIME BY THE APPROVED DESIGNATED SPECIAL INSPECTION INDIVIDUAL/AGENCY.**AMENDED AS OF 6/07/2022 FOR A CHANGE TO PREVIOUSLY PROPOSED CEILING HEIHGHTS AS PER APPROVED PLANS.

  15. PermitNew construction, addition, GFA change

    Permit ZP-2020-005081 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH ROOF DECK AND ROOF DECK ACCESS STRUCTURE (TO ENCLOSE STAIRS AND LANDINGS ONLY). SIZE AND LOCATION AS SHOWN ON PLANS. NO SIGN THIS PERMIT.

  16. InvestigationL&I investigation

    Case CF-2020-075572 · PASSED

    The cited inspection visit was marked passed.

  17. InvestigationL&I investigation

    Case CF-2020-075572 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  18. ViolationVACANT STRUCTURE & LAND

    Case CF-2020-075572 · Violation VI-2020-044427 · Code PM15-301 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. ViolationEXTERIOR AREA WEEDS

    Case CF-2020-075572 · Violation VI-2020-044425 · Code PM15-302.4 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  20. ViolationRUBBISH & GARBAGE

    Case CF-2020-075572 · Violation VI-2020-044426 · Code PM15-308.1 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  21. InvestigationL&I investigation

    Case CF-2020-075572 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

Where this comes from

Methodology & freshness

This report was assembled Jul 27, 2026, 7:40 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)