{"asOf":"2026-07-23T16:33:12.462Z","block":"700-799 S BROAD ST","blockUrl":"https://philadelphia.blockreport.homes/block/700-799-s-broad-st","address":"742 S BROAD ST","parcelNumber":"301262704","source":"https://property.phila.gov/?p=301262704","ownerType":"absentee","kind":"house","isHouse":false,"home":false,"commercial":false,"residential":false,"taxExempt":false,"institutional":false,"buildingCode":"SC","buildingCodeNew":"25","buildingClass":"VACANT LAND COMMER < ACRE","buildingClassNew":"ROW MODERN","useLabel":"House","owner":"MARSHALL ARIELA LUCY","coOwner":"KAPA SURAJ","marketValue":1663300,"landAssessment":332660,"improvementAssessment":1330640,"livableArea":3529,"yearBuilt":2021,"lastSale":{"price":1695000,"date":"2021-11-10T05:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.941661310184934,"lng":-75.16622999636841,"geom":{"type":"Polygon","coordinates":[[[-75.16615185,39.941626431],[-75.166318484,39.941648086],[-75.1663083,39.941696195],[-75.166141357,39.941674499],[-75.16615185,39.941626431]]]},"liDistrict":"CENTRAL WEST","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19146","beds":4,"baths":3,"stories":3,"lotArea":864,"zoning":"CMX3","grade":null,"basement":"A","heater":null,"centralAir":true,"extCond":"1","intCond":"1","garage":2,"homestead":false,"mail":"742 S BROAD STREET, PHILADELPHIA PA, 19146","mailOut":false,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":2,"abated":true,"assessmentExemption":true,"exemptionBasisVerified":false,"valueSeries":[{"y":2022,"v":1501000,"taxable":413525,"land":413525,"improvement":1087475,"taxableLand":413525,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1087475},{"y":2023,"v":1501000,"taxable":300200,"land":300200,"improvement":1200800,"taxableLand":300200,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1200800},{"y":2024,"v":1501000,"taxable":300200,"land":300200,"improvement":1200800,"taxableLand":300200,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1200800},{"y":2025,"v":1501000,"taxable":300200,"land":300200,"improvement":1200800,"taxableLand":300200,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1200800},{"y":2026,"v":1501000,"taxable":300200,"land":300200,"improvement":1200800,"taxableLand":300200,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1200800},{"y":2027,"v":1663300,"taxable":332660,"land":332660,"improvement":1330640,"taxableLand":332660,"taxableImprovement":0,"exemptLand":0,"exemptImprovement":1330640}],"taxNow":4202,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"900007","date":"2018-09-27","work":"New Construction","type":"Residential Building","description":"Residential Building Permit","status":"Completed","completedDate":"2021-12-23","scope":"APPLICATION FOR THE ERCETION OF A NE CONSTRUCTION 4 STORY SINGLE FAMILY DWELLING (4 BEDROOMS) WITH (1) INTERIOR PARKING STALL ACCESSED VIA REAR SHARED DRIVEWAY, BASEMENT, A REAR DECK AT THE SECOND FLOOR, FRONT BALCONY AT THE FOURTH FLOOR, PILOT HOUSE AND ROOF DECKS. ZONING USE APPROVE PER ZONING PERMIT #869154, DATED MAY 7, 2018."},{"number":"922659","date":"2019-01-23","work":"Amend for conversion","type":"Administrative","description":"Administrative Permit","status":"Expired","completedDate":"2022-10-25","scope":"AMENDMENT BLDG APP--PERMIT #900007. THE CHANGES MADE WERE FOR VALUE ENGINEERING PURPOSES TO BRING THE PROJECT TO BUDGET, OVERVIEW OF CHANGES IS AS FLOOWS: THE PROPOSED CONSTRUCTION TYPE IS NO TYPE VB, SOME PARAPET WALLS WERE REMOVED & REPLACED WITH RAILINGS, THE SECOND FLOOR REAR DECK WAS REMOVED. THE RECESSED ENTRY AND PLANTERS ON THE FIRST FLOOR FRONT DACADE WERE REMOVED & REPLACED WITH A RECESSED AREA FOR THE DOOR ONLY, SOME WINDOWS WERE CHNAGED TO BE INOPERABLE, THE ELEVATOR NOW STOPS AT THE FOURTH FLR. AND DOSES NOT CONTINUE TO THE ROOF ECK THE FIRE PROTECTION SYSTEM IN NOW 13R. THE MASTER BEDROOM BALCONY ON THE FOURTH FLOOR WAS REMOVED, THE ACCESS DOOR TO THE SAID BALCONY WAS CHNAGE TO WINDOWS. ALL PROPOSED REVIDIONS HAVE BEEN CLOUDED AND LABELED AS REVISION #1 FOR CLARITY. SEE APPLICATION 922664 FOR PLANS"},{"number":"964268","date":"2019-06-07","work":"New Construction","type":"Fire Suppression","description":"Fire Suppression Permit","status":"Completed","completedDate":"2021-11-16","scope":"INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING (742 S BROAD ST) WITH 2\" PRIVATE SITE FEED FROM RISER LOCATED AT 1400 FITZWATER ST AS PER APPROVED PLANS. SEE A/P NO. 964264 FOR RISER, BACKFLOW AND PUMP INSTALLATION. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA."},{"number":"1013218","date":"2019-10-15","work":"New Construction","type":"Electrical","description":"Electrical Permit","status":"Completed","completedDate":"2021-12-23","scope":"ELECTRICAL WIRE/DEVICES 200AMP SERVICE AS PER 2014 NEC"},{"number":"1032719","date":"2019-12-05","work":"New Construction or Additions","type":"Plumbing","description":"Plumbing Permit","status":"Completed","completedDate":"2021-12-23","scope":"INSTALL HOUSE DRAIN,STACK,WASTE AND WATER LINES TO 6-TOILETS,6-LAVS,3-SHOWERS,2-TUBS,1-KITCHEN SINK,1-BAR SINK,1-WASHER AND 1-WATER HEATER.THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004"},{"number":"1033326","date":"2019-12-06","work":"New Construction","type":"Mechanical","description":"Mechanical / Fuel Gas Permit","status":"Completed","completedDate":"2021-11-16","scope":"INSTALL TWO (2) GAS HEATERS WITH DUCT WORK. EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation of new work,registers/grilles/diffusers, and warm-air appliances as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans."},{"number":"1040878","date":"2020-03-12","work":"Amend for conversion","type":"Administrative","description":"Administrative Permit","status":"Issued","completedDate":null,"scope":"AMEND FIRE SUPPRESSION PERMIT NO. 964268 TO DOCUMENT CHANGES TO HYDRAULIC CALCULATIONS DUE TO CHANGE IN FIRE SERVICE MAIN AND BACKFLOW PREVENTION ASSEMBLY AT 1400 FITZWATER BUILDING."},{"number":"ZP-2026-004235","date":"2026-05-21","work":"Change of Use","type":"Zoning","description":"Zoning Permit","status":"Issued","completedDate":null,"scope":"Limited Lodging"}],"storyTag":"New construction","storyDelta":null,"timeline":[{"y":2013,"k":"land","p":847584},{"y":2018,"k":"permit","w":"New Construction"},{"y":2019,"k":"permit","w":"Amend for conversion"},{"y":2019,"k":"permit","w":"New Construction"},{"y":2019,"k":"permit","w":"New Construction"},{"y":2019,"k":"permit","w":"New Construction or Additions"},{"y":2019,"k":"permit","w":"New Construction"},{"y":2020,"k":"permit","w":"Amend for conversion"},{"y":2021,"k":"sale","p":1695000},{"y":2026,"k":"permit","w":"Change of Use"}],"rented":false,"licenses":[{"number":"1010518","type":"Limited Lodging Operator","status":"Active","businessName":"Michael Marsico","legalName":"Michael Marsico","address":"742 S BROAD ST","revenueCode":"3240","rentalCategory":null,"units":null,"issuedDate":"2026-06-16","latestIssueDate":"2026-06-16","expirationDate":"2027-06-15","inactiveDate":null}],"licenseActivity":[{"number":"1010518","type":"Limited Lodging Operator","businessName":"Michael Marsico","legalName":"Michael Marsico","issuedDate":"2026-06-16","latestIssueDate":"2026-06-16","closureDate":null,"expirationDate":"2027-06-15","inactiveDate":null,"status":"Active","statusLabel":"Active","active":true}],"businessLicenseSourceDate":"2026-07-23","signals":[{"kind":"post-purchase-work","level":"watch","title":"Post-purchase work pattern","summary":"A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.","evidence":["purchase recorded in 2021","permit activity in 2026"],"caveat":"This does not show that the property is listed or that a sale is planned."}],"legalChecks":[{"id":"permit-status","level":"attention","title":"A permit row needs file-level verification","finding":"2 permits not marked completed: 922659 (Expired), 1040878 (Issued). At least one row also carries a completion date, so the City fields conflict.","why":"Issued work is not the same as approved final work. L&I uses final inspections and required certifications to close construction permits; expired, withdrawn, and completed are different City statuses.","action":"Open the permit file and confirm final inspections, holds, and any resulting occupancy certificate.","url":"https://www.phila.gov/departments/department-of-licenses-and-inspections/inspections-by-permit-type/"},{"id":"abatement","level":"verify","title":"A reduced taxable assessment is not a verified abatement","finding":"OPA’s numeric assessment fields show a reduced taxable assessment; BlockReport has no official program determination for this parcel.","why":"The numeric treatment can reflect an improvement abatement or another exemption. It does not identify the ordinance, approval, start or end date, or continuation requirements after a transfer. Once OPA verifies a specific active abatement, many common programs attach the benefit to the property for the remaining term rather than ending automatically at sale, but some require a new-owner filing and continued qualifying use or tax compliance.","action":"Obtain the OPA exemption/abatement determination and history, then underwrite the buyer’s bill from the verified program terms.","url":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/get-a-property-tax-abatement/"}],"closingChecks":[{"title":"Property Sales Certification","body":"The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.","action":"Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.","url":"https://www.phila.gov/services/permits-violations-licenses/get-a-certificate/get-a-property-sales-certification/"},{"title":"Date-effective City Property Payoff","body":"The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.","action":"Request the City statement effective through settlement; read every period and invoice.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"title":"Professional title and water-lien searches","body":"OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.","action":"Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.","url":"https://www.phila.gov/2026-04-07-why-title-insurance-is-your-best-friend-when-buying-a-home-in-philadelphia/","secondaryUrl":"https://www.phila.gov/services/water-gas-utilities/pay-or-dispute-a-water-bill/resolve-water-liens-judgments/"}]}