House report

703 Mercy St

3 bd · 3 stories · 1,680 sqft · RSA5 · built 2021

Property at a glanceHouse

Owner-occupancy signal

2026 assessment
$448K OPA value, not a listing price
2027 published assessment
$483K Future roll, not the current tax bill
Neighborhood area
Pennsport · Lower Moyamensing Approximate · based on ZIP 19148
Street view of 703 Mercy St
From the street · imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this house 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.

Assessed value
$447,500 2026 billed-year assessment · 2027: $483,100 · built 2021
Price / sq ft
$288 block $271 · above block
Assessment change
+4932% +43%/yr since 2016 · 2027 +8% vs 2026
Est. tax bill / yr
$1,253 0.28% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match not proof the account is current
Times sold
2
$0$250K$500KZIP 19148 (Pennsport · Lower Moyamensing) median$483K200820122016202020242027
Property assessmentBlock median & rangeZIP 19148 (Pennsport · Lower Moyamensing) medianAssessmentDeed / saleLand buyL&I violationAppealPermitLicense

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 record15 events · exact dates, newest first
  1. Deed / saleDeed / sale $425K
  2. PermitNew Construction
  3. PermitNew Construction
  4. PermitNew Construction or Additions
  5. PermitNew Construction
  6. PermitNew Construction
  7. PermitZoning/use
  8. LicenseLI YI ZHOU: Vacant Residential Property / Lot landlord or residential registration marked inactive
  9. AppealZoning board appeal
  10. LicenseLI YI ZHOU: Vacant Residential Property / Lot landlord or residential registration initially issued
  11. L&I violationLICENSE - VACANT LOT
  12. L&I violationCLIP VIOLATION NOTICE
  13. L&I violationVACANT LOT STANDARD
  14. L&I violationVACANT LOT KEEP CLEAN GET LIC
  15. Land buyLand record $12K

Flags: material assessment exemption; legal basis and term unverified · 1 zoning/board appeal on record. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$1,253/year estimated property tax

2026 taxable assessment $89,500 × 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 $483,100. 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 393043800
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $89,500 of $447,500 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.”

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.

Using OPA's taxable amount ~$1,253/year

$89,500 taxable basis

Difference to verify+$5,011/year
If the full assessment were taxable ~$6,264/year

$447,500 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: ($447,500 assessed − $358,000 exempt) × 1.3998% ≈ $1,253/year Full-assessment scenario: $447,500 × 1.3998% ≈ $6,264/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
3
Stories
3
Interior
1,680 sqft livable area
Lot
644 sqft
Basement
Full, finished city code A
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
RSA5 city zoning code
Zoning appeals
1 CLOSED · Denied · 2013

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Block context

700 block of Mercy St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 701 Mercy St  ·  705 Mercy 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.

LI YI ZHOUInactive

Vacant Residential Property / Lot · Initial issue date Jun 15, 2010 · Terminal license date Apr 29, 2015

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 15 dated rows
  1. Recorded transfer$425K transfer

    2021

  2. PermitNew Construction

    Permit FP-2020-000241 · Completed

    FOR THE INSTALLATION OF A FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13D, WITH A ONE-INCH FIRE SERVICE LINE, FOR A SINGLE-FAMILY DWELLING, AS PER APPROVED PLANS.

  3. PermitNew Construction

    Permit EP-2020-003755 · Completed

    Installation of a 200 amp service and wire throughout a new single family dwelling per 2014 NEC

  4. PermitNew Construction or Additions

    Permit PP-2020-003668 · Completed

    For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.

  5. PermitNew Construction

    Permit MP-2020-001313 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation if New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plInstall new furnace 92% 60 tbtu with 2.5 ton 13 seer AC. Run all new ductwork performed as 1 system 2 zone. Install new digital non-programmable Honeywell thermostats T1. ans.

  6. PermitNew Construction

    Permit 1037840 · Completed

    ERECTION OF AN ATTACHED STRUCTURE FOR USE AS SINGLE FAMILY HOUSEHOLD LIVING. SHEETING AND SHORING AS PRESCRIBED IN GEO TECH REPORT. SEPARATE PERMITS REQUIRED FOR ELECTRICAL, MECHANICAL, PLUMBING AND SPRINKLER (13D) WORK. (NO UNDERPINNING ON THIS PERMIT). ENERGY CODE COMPLIANCE IN ACCORDANCE WITH 2015 IRC. PRIOR TO ISSUANCE OF C.O SUBMITTAL OF AIR BARRIER CHECKLIST AND ENVELOPE TESTING CERTIFICATE IS REQUIRED. BOTH TO BE COMPLETED BY AN APPROVED PARTY.

  7. PermitZoning/use

    Permit 1037831 · COMPLETED

    NEW CONSTRUCTION OF 3-STORY SINGLE FAMILY DWELLING WITH ROOF DECK AND PILOT HOUSE

  8. License terminal eventLI YI ZHOU: Vacant Residential Property / Lot landlord or residential registration marked inactive

    License 505547 · Inactive

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

  9. AppealZoning board appeal

    Appeal 21329 · CLOSED · Denied

    Related permit 482894 · PERMIT FOR THE ERECTION OF AN ATTACED STRUCTURE. FOR USE AS A TWO (2) FAMILY DWELLING. SIZE AND LOCATION AS SHOWN IN APPLICATION.

  10. License issue eventLI YI ZHOU: Vacant Residential Property / Lot landlord or residential registration initially issued

    License 505547 · Inactive

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

  11. ViolationLICENSE - VACANT LOT

    Case 237464 · Violation 1702713 · Code CP-102 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  12. ViolationCLIP VIOLATION NOTICE

    Case 235977 · Violation 1690230 · Code CP-01 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  13. ViolationVACANT LOT STANDARD

    Case 235977 · Violation 1690231 · Code PM-306.0/2 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  14. ViolationVACANT LOT KEEP CLEAN GET LIC

    Case 208863 · Violation 1411140 · Code PM-306.0/91 · COMPLIED

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

  15. Land recordLand record

    2008

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 11:23 AM 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)