Mixed-use property report

1312 Spruce St

3,510 sqftCMX2built 1974

Property at a glanceApartment building

Vb Real Estate Holdings LLC

2026 assessment
$954K OPA value, not a listing price
2027 published assessment
$1.0M Future roll, not the current tax bill
Neighborhood area
Washington Square West · Chinatown Approximate · based on ZIP 19107
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 $1,028,400. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$1.0M2004200820122016202020242027
Property assessmentAssessmentDeed / saleL&I violationPermitInspectionLicense

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 record27 events · exact dates, newest first
  1. Deed / saleDeed / sale $1.4M
  2. LicenseMARLEN CORPORATION (AGT - MICHAEL YELSON): Rental landlord or residential registration marked inactive
  3. LicenseMARC VETRI: Food Preparing and Serving (30+ SEATS) business license initially issued
  4. LicenseMARC VETRI (VERTI REST CORP): Food Preparing and Serving business license marked closed
  5. InspectionBC INSP (likely: building-code inspection)
  6. L&I violationFIRE EXTING-NEEDS INSP/TAG (Fire extinguisher needs inspection and a current service tag)
  7. L&I violationAFES-COMM KITCH SERVICE & CERT
  8. InspectionBC INSP (likely: building-code inspection)
  9. PermitAdministrative
  10. PermitElectrical
  11. PermitElectrical
  12. PermitMechanical
  13. PermitPlumbing
  14. PermitMajor alteration
  15. PermitUse
  16. PermitDemolition
  17. InspectionPRECOURT (likely: pre-court compliance inspection)
  18. LicenseMARLEN CORPORATION: Rental landlord or residential registration marked inactive
  19. PermitZoning/use
  20. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  21. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  22. L&I violationNO ZONING/USE PERMIT-SIGN
  23. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  24. PermitOperations
  25. LicenseMARLEN CORPORATION (AGT - MICHAEL YELSON): Rental landlord or residential registration initially issued
  26. LicenseMARLEN CORPORATION: Rental landlord or residential registration initially issued
  27. LicenseMARC VETRI (VERTI REST CORP): Food Preparing and Serving business license initially issued

Verify the public record

$13,348/year estimated property tax

2026 taxable assessment $953,600 × 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 $1,028,400. 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 871058950
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

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

Mixed-use property

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

What it is
Apartment building Str/Off+Apt 3.5 Sty Mason
Owner
Vb Real Estate Holdings LLC
$ / sq ft
$293 assessed value ÷ interior sqft
Corridor
Broad and South city commercial corridor
Interior area
3,510 sqft
Lot size
1,545 sqft
Built
1974
Zoning
CMX2

Recorded owner

Who's behind it

Vb Real Estate Holdings LLC · corporate / LLC owner

• Tax bills mail to 1312 Spruce St, Philadelphia PA, 19107

Block context

1300 block of Spruce St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1310 Spruce St  ·  1314-24 Spruce 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 ↗
MARC VETRIActive

Food Preparing and Serving (30+ SEATS) · Initial issue date May 7, 2018 · Filed expiration May 6, 2027

MARC VETRI (VERTI REST CORP)Closed

Food Preparing and Serving · Initial issue date Jun 8, 2004 · Terminal license date Apr 30, 2018

Landlord and residential filings

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

MARLEN CORPORATION (AGT - MICHAEL YELSON)Inactive

Rental · Initial issue date Nov 17, 2006 · Terminal license date Apr 29, 2020

MARLEN CORPORATIONInactive

Rental · Initial issue date Feb 17, 2005 · Terminal license date Dec 22, 2012

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 27 dated rows
  1. Recorded transfer$1.4M transfer

    2023

  2. License terminal eventMARLEN CORPORATION (AGT - MICHAEL YELSON): Rental landlord or residential registration marked inactive

    License 392011 · Inactive

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

  3. License issue eventMARC VETRI: Food Preparing and Serving (30+ SEATS) business license initially issued

    License 775682 · Active

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

  4. License terminal eventMARC VETRI (VERTI REST CORP): Food Preparing and Serving business license marked closed

    License 204401 · Closed

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

  5. InvestigationBC INSP (likely: building-code inspection)

    Case 522172 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  6. ViolationFIRE EXTING-NEEDS INSP/TAG (Fire extinguisher needs inspection and a current service tag)

    Case 522172 · Violation 3857156 · Code FC-906.2/2 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  7. ViolationAFES-COMM KITCH SERVICE & CERT

    Case 522172 · Violation 3857155 · Code FC-904.11/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  8. InvestigationBC INSP (likely: building-code inspection)

    Case 522172 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  9. PermitAdministrative

    Permit 564117 · COMPLETED

    AMEND PRIOR PERMIT AP#515546 TO REMOVE PRIOR RATED DOOR OPENING AT 1ST FLOOR VESTIBULE AS INDICATED. MAINTAIN PRIOR APPROVALS, LO<49 PERSONS, MEET IEBC EXCEPTION FOR B USE FOR RATED VERTICAL OPENING ALLOWANCE.

  10. PermitElectrical

    Permit 528716 · COMPLETED

    REWIRE 2ND FLOOR OF RESTAURANT , INSTALL NEW WIRING, LIGHTING, PANEL, AND POWER PANLE FOR KITCHEN EQUIPMENT AS PER 2008 NEC (CC DISTRICT)

  11. PermitElectrical

    Permit 528700 · COMPLETED

    1-F/A CONTROL PNL, 1-ANNU KEYPAD, 14-COMMON AREA SMOKE DET, 9-AUDIBLE HORN/STROBES, 2-STROBE ONLY 2-MANUAL PULL STATIONS, 3-194 DEGREE HEAT DETECTORS, 1-KITCHEN SUPP SYS TRIP AS PER NEC 2008 & NFPA 72 (MIXED USE)

  12. PermitMechanical

    Permit 526682 · COMPLETED

    INSTALLATION, UPGRADES OF HVAC, MECHANICALS AND DUCTWORK, CONNECT TO EXISING SYSTEM AS PER PLANS FOR ALTERATIONS ON 2ND /3RD FLOORS FOR AP515546

  13. PermitPlumbing

    Permit 527487 · COMPLETED

    NEW KITCHEN SINK,DISHWASHER,GARBAGE DISPOSAL,2 FLOOR SINKS AND NEW POWDER ROOM TOILET AND SINK (RESTAURANT)

  14. PermitMajor alteration

    Permit 515546 · COMPLETED

    INTERIOR/EXTERIOR ALTERATIONS 2ND-3RD FLOORS, STRUCTURAL WORK/MODIFICATIONS FOR 2ND FLOOR FRAMING, FLOORING CONDITIONS,BEAMS AND JOISTS; NEW WINDOWS, DOORS, FIT OUT AND FURNISHINGS, KITCHEN AREA, EXTENDING EXISTING RESTAURANT AREA TO 2ND FLOOR, 3RD FLOOR OFFICE AREA. ADDITIONAL PERMITS REQ: ELECTRICAL, PLUMBING, HVAC - HOOD & ANSUL. SIGNS PRIOR APPROVED. SEE ATTACHED ENGINEERS ASSESSMENT AND LIMITED OCCUPANCY 2ND FLOOR. MAINTAIN USE GROUP B FOR LIMITED OCCUPANT LOAD 49 PERSONS.

  15. PermitUse

    Permit 519977 · COMPLETED

    EXPAND RESTAURANT TO 2ND FLOOR AND CONVERT 3RD FLOOR TO ACCESSORY OFFICES, WITH EXISTING ACCESSORY SIGNAGE TO REMAIN. NO CHANGE IN HEIGHT, BULK OR AREA

  16. PermitDemolition

    Permit 498572 · COMPLETED

    INTERIOR DEMOLITION OF NON LOAD BEARING WALLS AND CEILING ONLY. NO OTHER WORK ALLOWED UNDER THIS PERMIT. CONTACT STREETS DEPARTMENT FOR DUMPSTER PERMIT AND FOOTWAY CLOSURE.

  17. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 333885 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  18. License terminal eventMARLEN CORPORATION: Rental landlord or residential registration marked inactive

    License 306420 · Inactive

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

  19. PermitZoning/use

    Permit 419388 · COMPLETED

    WOODEN ACCESSORY SIGN OUTSIDE WITH VETRI LOG

  20. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 333885 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  21. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 333885 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  22. ViolationNO ZONING/USE PERMIT-SIGN

    Case 333885 · Violation 2583388 · Code 14-1704/50 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  23. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 333885 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  24. PermitOperations

    Permit 12879 · COMPLETED

    10/12/08 - TENT ERECTED IN PARKING LOT AREA ON SITE

  25. License issue eventMARLEN CORPORATION (AGT - MICHAEL YELSON): Rental landlord or residential registration initially issued

    License 392011 · Inactive

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

  26. License issue eventMARLEN CORPORATION: Rental landlord or residential registration initially issued

    License 306420 · Inactive

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

  27. License issue eventMARC VETRI (VERTI REST CORP): Food Preparing and Serving business license initially issued

    License 204401 · Closed

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

Unavailable when this report assembled: certifications. Unavailable does not mean no record.

Where this comes from

Methodology & freshness

This report was assembled Jul 24, 2026, 9:56 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: unavailable. “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)