Apartment building report

721 N 16th St

11,900 sqftRM1built 2023

Property at a glanceApartment building

Philadelphia Lotus 24 LLC

2026 assessment
$1.5M OPA value, not a listing price
2027 published assessment
$1.7M Future roll, not the current tax bill
Neighborhood area
Fairmount · Spring Garden Approximate · based on ZIP 19130
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 $1,686,100. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$1.7M2005200920132017202120252027
Property assessmentAssessmentDeed / saleL&I violationAppealPermitInspectionLicense

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 record17 events · exact dates, newest first
  1. L&I violationEXTERIOR AREA SIDEWALKS WITHIN THE PROPERTY LINE
  2. InspectionL&I investigation
  3. LicenseMOUNTFAIR ASSOCIATES LP (YVONNE PERRY): Rental landlord or residential registration marked inactive
  4. LicensePhiladelphia Lotus 24 LLC: Rental landlord or residential registration initially issued
  5. AppealLIRB Violation Appeal
  6. AppealLIRB Violation Appeal
  7. Deed / saleDeed / sale $2.6M
  8. PermitNew construction, addition, GFA change
  9. AppealZBA Permit Denial - Variance
  10. PermitCombined Lot Line Relocation and New Dev…
  11. PermitNew Construction or Additions
  12. PermitNew Construction
  13. PermitNew Construction
  14. PermitNew Construction
  15. PermitNew Construction
  16. PermitNew construction, addition, GFA change
  17. LicenseMOUNTFAIR ASSOCIATES LP (YVONNE PERRY): Rental landlord or residential registration initially issued

Verify the public record

$2,104/year estimated property tax

2026 taxable assessment $150,280 × 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 $1,686,100. 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 881000511
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $150,280 of $1,502,800 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.”

Building report

Apartment building

Apartment building, recorded in the City's apartments category. The public record and owner trail follow.

1 open violation

What it is
Apartment building Row Conv/Apt 3 Sty Mason
Owner
Philadelphia Lotus 24 LLC
$ / sq ft
$142 below the $147 median for 2,826 apartments parcels citywide
Licensed units
10 active rental license
Interior area
11,900 sqft
Lot size
70 sqft
Built
2023
Zoning
RM1

Recorded owner

Who's behind it

Philadelphia Lotus 24 LLC · corporate / LLC owner

• Owns 5 properties across Philadelphia under this name, assessed at $3.2M combined
• Tax bills mail to 829 N 29th St #5, Philadelphia PA, 19130
• Holds an active rental license for this address

Block context

700 block of N 16th St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 719 N 16th St  ·  717 N 16th 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 24, 2026.

Landlord and residential filings

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

Philadelphia Lotus 24 LLCActive

Rental · Initial issue date Dec 19, 2025 · Filed expiration Dec 18, 2026

MOUNTFAIR ASSOCIATES LP (YVONNE PERRY)Inactive

Rental · Initial issue date Sep 2, 2005 · Terminal license date Apr 29, 2026

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 17 dated rows
  1. ViolationEXTERIOR AREA SIDEWALKS WITHIN THE PROPERTY LINE

    Case CF-2026-045630 · Violation VI-2026-027740 · Code PM15-302.3 · SVN ISSUED

    Resolution: SVN ISSUED

  2. InvestigationL&I investigation

    Case CF-2026-045630 · FAILED

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

  3. License terminal eventMOUNTFAIR ASSOCIATES LP (YVONNE PERRY): Rental landlord or residential registration marked inactive

    License 335311 · Inactive

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

  4. License issue eventPhiladelphia Lotus 24 LLC: Rental landlord or residential registration initially issued

    License 0995913 · Active

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

  5. AppealLIRB Violation Appeal

    Appeal HA-2024-001859 · Closed · Complete

    see attached

  6. AppealLIRB Violation Appeal

    Appeal HA-2024-001860 · Closed · Complete

    see attached

  7. Recorded transfer$2.6M transfer

    2025

  8. PermitNew construction, addition, GFA change

    Permit ZP-2023-008990 · Issued

    For the erection of a four story addition to an existing structure that include a full basement with egress and a roof deck. Size and location per plans. Administrative Adjustment 5/20/2026 to document the eliminations of the proposed roof deck and the reduction in occupied area per plan.

  9. AppealZBA Permit Denial - Variance

    Appeal ZP-2022-009846 · Completed · Granted with conditions

    Related permit ZP-2022-009846 · PERMIT For the consolidation of lot line to create one lot (Parcel A) from three deeded lots (725 n 16th St, 727 N 16th St, and 721 n 16th St Temp Parcel A). For the erection of a four story addition to a structure actively under construct

  10. PermitCombined Lot Line Relocation and New Dev…

    Permit ZP-2022-009846 · Completed

    For the consolidation of lot line to create one lot (Parcel A) from three deeded lots (725 n 16th St, 727 N 16th St, and 721 n 16th St Temp Parcel A).

  11. PermitNew Construction or Additions

    Permit PP-2022-007256 · Completed

    14 bath 10 kitchens

  12. PermitNew Construction

    Permit FP-2022-000920 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH A 2.5" BACKFLOW PREVENTION ASSEMBLY AND TWO (2) STANDPIPE RISERS COMPLYING WITH NFPA 14 AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  13. PermitNew Construction

    Permit MP-2022-003167 · Completed

    FOR INSTALLATION OF HVAC SYSTEM TO SERVE THE APARTMENT BUILDING AS PER APPROVED PLANS.

  14. PermitNew Construction

    Permit EP-2022-003826 · Completed

    INSTALL A 800 AMP SERVICE, (15) GANG METER BANK, (2) 200 AMP PANELS & FEEDERS, (8) 150 AMP PANELS & FEEDERS, (1) 125 AMP PANEL & FEEDER. PROVIDE WIRING THROUGHOUT THE COMMON AREAS AND (10) DWELLING UNITS, INSTALL LIGHTS NORMAL AND EMERGENCY, SWITCHES, SENSORS AND RECEPTACLES. PROVIDE POWER FOR THE MECHNICAL AND HVAC EQUIPMENT. INSTALL A FIRE ALARM SYSTEM THROUGHOUT. INSTALL A TWO - WAY COMMUNICATION SYSTEM THROUGHOUT. ALL WORK IN ACCORDANCE WITH THE 2017 NEC & 2016 NFPA-72.

  15. PermitNew Construction

    Permit CP-2021-003857 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH CELLAR AND AN ACCESSORY ROOF DECK (FOR RESIDENTIAL USE ONLY) WITH ROOF ACCESS STRUCTURES. FOR MULTI-FAMILY HOUSEHOLD LIVING TEN (10) DWELLING UNITS. BUILDING TO BE FULLY SPRINKLERED. SEPARATE PERMITS REQUIRED FOR MEP & FP WORK. SEPARAE APPROVAL REQUIRED FROM PA L&I FOR ELEVATOR INSTALLATION. HORIZONTAL EXITS ARE PROVIDED FROM 1ST TO 5TH FLOORS. AMENDMENT TO INCLUDE ADDITION OF ELEVATOR MACHINE ROOM ON THE ROOF, REMOVING ELEVATOR ACCESS TO THE UTILITY ROOM IN THE BASEMENT WITH 24" MAT SLAB AND MINOR ADJUSTMENT TO THE TOTAL BUILDING WIDTH DUE TO ONSIDE EXISTING CONDITION AS PER APPROVED REVISED PLANS.

  16. PermitNew construction, addition, GFA change

    Permit ZP-2021-012611 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH CELLAR AND AN ACCESSORY ROOF DECK (FOR RESIDENTIAL USE ONLY) WITH ROOF ACCESS STRUCTURES. LOW INCOME BONUS APPLIED: AN ADDITIONAL 3 RESIDENTIAL UNITS AND AN ADDITIONAL 7 FT HEIGHT BONUS APPLIED TO THIS PERMIT (14-702(7)(b) (.6) AND (c)). SIZE AND LOCATION AS SHOWN IN THE APPLICATION / PLAN.

  17. License issue eventMOUNTFAIR ASSOCIATES LP (YVONNE PERRY): Rental landlord or residential registration initially issued

    License 335311 · Inactive

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

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 4:55 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)