2026 assessment
$598K
OPA value, not a listing price
Multi-family report
718 N Preston St
6 bd3 stories2,025 sqftRM1built 2021
Property at a glanceMulti-family
Entity-held
ZIP 19104 area
University City · West Powelton
700 block of N Preston St
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.
- OPA assessment · 2016$8K 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$11K 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$11K 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$11K 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$11K 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$11K 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$11K 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$348K 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$348K 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$598K 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$598K 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$540K 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 ↗
- Land buy · 2020Land record $100KA land-record event associated with this parcel. Review the recorded instrument to determine whether it reflects a conveyance, parcel change, or another filing.How to read the recorded document ↗
- Permit · 2020-12-07New construction, addition, GFA changeThis 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 · 2021-02-17New 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 · 2021-08-10New 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 · 2022-01-12New Construction or AdditionsThis 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 · 2022-01-13New Construction or AdditionsThis 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 · 2022-05-31New 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 · 2022-06-29New 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 · 2023-01-16Retaining WallThis 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 ↗
- L&I violation · 2009-10-16VACANT LOT STANDARDA 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 · 2009-10-16LICENSE - VACANT LOTA 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 · 2012-08-22EXT A-VACANT LOT CLEAN/MAINTAIA 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 · 2012-08-22CLIP VIOLATION NOTICEA 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 · 2013-04-15EXT A-VACANT LOT CLEAN/MAINTAIA 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 · 2013-04-15CLIP VIOLATION NOTICEA 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 · 2003-08-21L_INITIALA 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 ↗
- Inspection · 2005-08-09L_FINALA 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 ↗
- License · 2023-02-23Alphapad 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 · 2018-04-05MD PROPERTY LLC: Vacant Residential Property / Lot 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 · 2021-06-03MD PROPERTY LLC: Vacant Residential Property / Lot 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 ↗
- Certification · 2023-12-06Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentLand 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
- CertificationFire Alarm Certification
- LicenseAlphapad LLC: Rental landlord or residential registration initially issued
- PermitRetaining Wall
- PermitNew Construction
- PermitNew Construction
- PermitNew Construction or Additions
- PermitNew Construction or Additions
- PermitNew Construction
- LicenseMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration marked inactive
- PermitNew Construction
- PermitNew construction, addition, GFA change
- Land buyLand record $100K
- LicenseMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration initially issued
- L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
- L&I violationCLIP VIOLATION NOTICE
- L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
- L&I violationCLIP VIOLATION NOTICE
- L&I violationVACANT LOT STANDARD
- L&I violationLICENSE - VACANT LOT
- InspectionL_FINAL
- InspectionL_INITIAL
Flags: material assessment exemption; legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $3K with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$1,673/year estimated property tax
2026 taxable assessment $119,540 × 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 $539,600. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 0611987002026 OPA taxes $119,540 of $597,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Historical delinquency sources Record found
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
A separate historical parcel ledger ending in 2016 records $3,157.14 and a lien entry. It is shown as historical context only.
1999$355.22 total · $0.00 principal · $339.68 interest · $15.54 penalty2000$335.24 total · $0.00 principal · $319.70 interest · $15.54 penalty2001$315.26 total · $0.00 principal · $299.72 interest · $15.54 penalty2002$295.28 total · $0.00 principal · $279.74 interest · $15.54 penalty2003$113.12 total · $0.00 principal · $106.73 interest · $6.39 penalty2004$104.91 total · $0.00 principal · $98.52 interest · $6.39 penalty2005$96.70 total · $0.00 principal · $90.31 interest · $6.39 penalty2006$88.49 total · $0.00 principal · $82.10 interest · $6.39 penalty2007$80.28 total · $0.00 principal · $73.89 interest · $6.39 penalty2008$76.87 total · $0.00 principal · $70.06 interest · $6.81 penalty2009$68.12 total · $0.00 principal · $61.31 interest · $6.81 penalty2010$59.36 total · $0.00 principal · $52.55 interest · $6.81 penalty2011$55.62 total · $0.00 principal · $48.13 interest · $7.49 penalty2012$107.52 total · $7.45 principal · $40.09 interest · $7.77 penalty2013$207.57 total · $115.07 principal · $32.79 interest · $8.05 penalty2014$288.63 total · $124.82 principal · $24.34 interest · $8.74 penalty2015$275.38 total · $124.82 principal · $13.11 interest · $8.74 penalty2016$233.57 total · $130.39 principal · $1.96 interest · $1.30 penalty
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.
$119,540 taxable basis
Difference to verify+$6,694/year
$597,700 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: ($597,700 assessed − $478,160 exempt) × 1.3998% ≈ $1,673/year
Full-assessment scenario: $597,700 × 1.3998% ≈ $8,367/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
6
Stories
3
Interior
2,025 sqft
livable area
Lot
1,864 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
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
Alphapad LLC · corporate / LLC owner
• Owns 3 properties across Philadelphia under this name, assessed at $2.5M combined
• Tax bills mail to 3149 N Thompson St, Philadelphia PA, 19121
• Holds an active rental license for this address
Block context
700 block of N Preston St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 716 N Preston St · 720 N Preston 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.
Alphapad LLCActive
Rental · Initial issue date Feb 23, 2023 · Filed expiration Feb 22, 2027
MD PROPERTY LLCInactive
Vacant Residential Property / Lot · Initial issue date Apr 5, 2018 · Terminal license date Jun 3, 2021
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
- CertificationFire Alarm Certification
Certification BC-2024-009329 · Certified
Expires 2024-12-06
- License issue eventAlphapad LLC: Rental landlord or residential registration initially issued
License 917470 · Active
License event. Registration does not prove present operation or storefront occupancy.
- PermitRetaining Wall
Permit GP-2022-007123 · Completed
ERECTION OF A RETAINING WALL IN THE REAR YARD OF A NEW CONSTRUCTION BUILDING (SEE PERMIT CP-2020-006411) AS PER APPROVED PLANS.
- PermitNew Construction
Permit MP-2022-003252 · Completed
FOR A NEW MECHANICAL INSTALLATION TO ACCOMMODATE A NEWLY CONSTRUCTED STRUCTURE. WORK TO INCLUDE THE INSTALLATION OF REGISTERS, DIFFUSERS AND APPLIANCES WITH ASSOCIATED DUCTWORK. APPLIANCES TO BE INSTALLED IN ACCORDANCE WITH MANUFACTURER'S SPECIFICATIONS. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS REQUIRED FOR ALL OTHER WORK.
- PermitNew Construction
Permit EP-2022-000796 · Completed
INSTALL 300 AMP SERVICE, (5) GANG METER BANK, (4) 125 AMP PANELS & FEEDERS, (1) 100 AMP PANEL & FEEDER. INSTALL WIRING THROUGHOUT THE COMMON AREAS AND FOUR UNITS. INSTALL LIGHTS NORMAL AND EMERGENCY, SWITCHES, SENSORS, RECEPTACLES, SMOKE DETECTORS, GROUNDING. PROVIDE POWER FOR THE MECHANICAL AND HVAC EQUIPMENT. INSTALL NEW FIRE ALARM SYSTEM.AS PER NEC 2017 INSTALL FIRE ALARM SYSTEM AS PER NFPA72
- PermitNew Construction or Additions
Permit PP-2022-000247 · Completed
EXTERIOR: New Sewer, New House Drain, Fresh Air Inlets, Curb Traps, Back Yard Drain, One 1.5'' Domestic Water & One 2'' Sprinkle Connection
- PermitNew Construction or Additions
Permit PP-2022-000335 · Completed
INSTALL 4 HOT WATER HEATERS, 4 KITCHEN SINKS, 4 WASHING MACHINE BOXES, 9 LAVATORIES, 7 SHOWER/TUBS 7 WATER CLOSETS AND 7 HUD DRAINS ACCORDING TO THE 2018 PPC.
- PermitNew Construction
Permit FP-2021-001990 · Completed
FOR THE INSTALLATION OF A TWO (2) INCH FIRE SERVICE LINE WITH A 2-INCH WILKINS 350XL BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM AS PER NFPA 13R. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS. AMENDMENT: TO CHANGE BACKFLOW PREVENTER FROM A 2" WILKINS 350XL TO A 2" AMES 2000BM1FP
- License terminal eventMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration marked inactive
License 771607 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- PermitNew Construction
Permit CP-2020-006411 · Completed
FOR THE ERECTION OF AN ATTACHED STRUCTURE OF TYPE VB CONSTRUCTION. FOR FOUR (4) DWEELING UNITS AS PER PLANS. SEPARATE PERMITS REQUIRED FOR ALL MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION WORK. AMENDMENT (11/17/2021) AMENDMENT TO ADD UNDERPINNING AS PER PLANS.
- PermitNew construction, addition, GFA change
Permit ZP-2020-008113 · Completed
For the erection of a three story attached structure to be built slab on-grade. Size and location per plans.
- Land recordLand record
2020
- License issue eventMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration initially issued
License 771607 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- ViolationEXT A-VACANT LOT CLEAN/MAINTAI
Case 376119 · Violation 2764433 · Code PM-302.2/4 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationCLIP VIOLATION NOTICE
Case 376119 · Violation 2764432 · Code CP-01 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
- ViolationEXT A-VACANT LOT CLEAN/MAINTAI
Case 346001 · Violation 2550004 · Code PM-302.2/4 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
- ViolationCLIP VIOLATION NOTICE
Case 346001 · Violation 2550003 · Code CP-01 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
- ViolationVACANT LOT STANDARD
Case 217669 · Violation 1495052 · Code PM-306.0/2 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
- ViolationLICENSE - VACANT LOT
Case 217669 · Violation 1495051 · Code CP-102 · CLOSEDCASE
City marked the case closed; that does not mean the original condition never existed.
- InvestigationL_FINAL
Case 14943 · PASSED
The cited inspection visit was marked passed.
- InvestigationL_INITIAL
Case 14943 · CLOSED
City marked the record closed; open the case for the closing reason.
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, 1:58 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)