{"asOf":"2026-07-27T17:42:29.589Z","block":"1000-1099 MARKET ST","blockUrl":"https://philadelphia.blockreport.homes/block/1000-1099-market-st","address":"1025 MARKET ST","parcelNumber":"882508100","source":"https://property.phila.gov/?p=882508100","ownerType":"investor","kind":"commercial","isHouse":false,"home":false,"commercial":true,"residential":false,"taxExempt":false,"institutional":false,"buildingCode":"MB0","buildingCodeNew":"231","buildingClass":"SHOP CENT REG'L MASONRY","buildingClassNew":"REGIONAL SHOPPING MALL","useLabel":"Store","owner":"KEYSTONE PHILADELPHIA PROPERTIES L P","coOwner":null,"marketValue":25576000,"landAssessment":5115200,"improvementAssessment":20460800,"livableArea":184000,"yearBuilt":1977,"lastSale":{"price":2700563,"date":"2021-03-24T04:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[{"caseNumber":"49255","date":"2005-12-29","type":"CI INSP","status":"FAILED"},{"caseNumber":"49255","date":"2009-11-17","type":"CI INSP","status":"FAILED"},{"caseNumber":"49255","date":"2010-01-20","type":"CI INSP","status":"CLOSED"}],"inspYears":[{"y":2005,"fails":1,"passes":0},{"y":2009,"fails":1,"passes":0}],"taxOwed":13390.63,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":true,"totalDue":13390.63,"principalDue":9061.13,"penaltyDue":679.72,"interestDue":1381.84,"otherChargesDue":1032.31,"yearsOwed":3,"oldestYearOwed":2019,"mostRecentYearOwed":2021,"mostRecentPaymentDate":null,"assessmentYear":2022,"totalAssessment":6094500,"taxableAssessment":6094500,"exemptAbatementAssessment":0,"homesteadValue":0,"netTaxAfterHomestead":85310.81,"actionableAtSnapshot":true,"paymentAgreementAtSnapshot":false,"bankruptcyAtSnapshot":false,"assessmentUnderAppealAtSnapshot":false,"yearMonth":"202206"},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.952220634571525,"lng":-75.15777364706099,"geom":{"type":"Polygon","coordinates":[[[-75.157854178,39.95265844],[-75.157379027,39.952598633],[-75.157543054,39.951766363],[-75.158170828,39.95184311],[-75.158000522,39.952677141],[-75.157854178,39.95265844]]]},"liDistrict":"CENTRAL EAST","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19107","beds":null,"baths":null,"stories":3,"lotArea":20400,"zoning":"CMX5","grade":"B+","basement":null,"heater":null,"centralAir":null,"extCond":"4","intCond":"4","garage":null,"homestead":false,"mail":"401 WILSHIRE BOULEVARD SUITE 700 C/O MACERICH, SANTA MONICA CA, 90404","mailOut":true,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":0,"abated":false,"assessmentExemption":false,"exemptionBasisVerified":false,"valueSeries":[{"y":2016,"v":6100000,"taxable":6100000,"land":2550000,"improvement":3550000,"taxableLand":2550000,"taxableImprovement":3550000,"exemptLand":0,"exemptImprovement":0},{"y":2017,"v":6100000,"taxable":6100000,"land":2550000,"improvement":3550000,"taxableLand":2550000,"taxableImprovement":3550000,"exemptLand":0,"exemptImprovement":0},{"y":2018,"v":6283000,"taxable":6283000,"land":2626500,"improvement":3656500,"taxableLand":2626500,"taxableImprovement":3656500,"exemptLand":0,"exemptImprovement":0},{"y":2019,"v":6094500,"taxable":6094500,"land":2547701,"improvement":3546799,"taxableLand":2547701,"taxableImprovement":3546799,"exemptLand":0,"exemptImprovement":0},{"y":2020,"v":6094500,"taxable":6094500,"land":2547701,"improvement":3546799,"taxableLand":2547701,"taxableImprovement":3546799,"exemptLand":0,"exemptImprovement":0},{"y":2021,"v":6094500,"taxable":6094500,"land":2547701,"improvement":3546799,"taxableLand":2547701,"taxableImprovement":3546799,"exemptLand":0,"exemptImprovement":0},{"y":2022,"v":6094500,"taxable":6094500,"land":2547701,"improvement":3546799,"taxableLand":2547701,"taxableImprovement":3546799,"exemptLand":0,"exemptImprovement":0},{"y":2023,"v":25603600,"taxable":25603600,"land":5120720,"improvement":20482880,"taxableLand":5120720,"taxableImprovement":20482880,"exemptLand":0,"exemptImprovement":0},{"y":2024,"v":25603600,"taxable":25603600,"land":5120720,"improvement":20482880,"taxableLand":5120720,"taxableImprovement":20482880,"exemptLand":0,"exemptImprovement":0},{"y":2025,"v":25576000,"taxable":25576000,"land":5115200,"improvement":20460800,"taxableLand":5115200,"taxableImprovement":20460800,"exemptLand":0,"exemptImprovement":0},{"y":2026,"v":25576000,"taxable":25576000,"land":5115200,"improvement":20460800,"taxableLand":5115200,"taxableImprovement":20460800,"exemptLand":0,"exemptImprovement":0},{"y":2027,"v":25576000,"taxable":25576000,"land":5115200,"improvement":20460800,"taxableLand":5115200,"taxableImprovement":20460800,"exemptLand":0,"exemptImprovement":0}],"taxNow":358013,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"617322","date":"2015-06-22","work":"Demolition","type":"BP_DEMO","description":"DEMOLITION PERMIT","status":"COMPLETED","completedDate":"2017-03-24","scope":"SELECTIVE INTERIOR DEMOLITION PER EZ PERMIT STANDARDS OF FORMER TENANT SPACES TO INCLUDE NON-BEARING PARTITIONS, FLOORING, CEILINGS, FIXTURES, FF&E, DUCTWORK , EXISTING ESCALATORS AND ELEVATORS, PLUMBING AND ELECTRICAL SYSTEMS"},{"number":"667218","date":"2016-03-04","work":"Electrical","type":"EP_ELECTRL","description":"ELECTRICAL PERMIT","status":"COMPLETED","completedDate":null,"scope":"INSALL TEMPORARY RECEPTACLES AND LIGHTING FOR DEMOLITION BY OTHERS IN GALLERY MALL AS PER 2008 NEC (CC DISTRICT)"},{"number":"730167","date":"2016-10-21","work":"Zoning","type":"ZP_ZONING","description":"ZONING PERMIT","status":"COMPLETED","completedDate":"2016-10-21","scope":"FOR THE ESTABLISHMENT OF UNITY OF USE TO CREATE ONE (1) LOT FOR ZONING PURPOSES (TO BE KNOWN AS 907-37 MARKET STREET) WITH RESTRICTIVE COVENANTS, AGREEMENTS AND EASEMENTS TO BE RECORDED BY DEED TO BIND CURRENT AND FUTURE OWNERS OF THE CONTIGUOUS TEN (10) (801S MARKET ST # A, 833 MARKET ST, 901S MARKET ST # A, 901 MARKET ST, 903 MARKET ST, 905 MARKET ST, 907-37 MARKET ST, 1001-19 MARKET ST, 1025 MARKET ST, 15-19 N 10TH ST) PARCELS TO PRESERVE THE UNITY OF USE AND THE LEGALITY OF THE ENTIRE PROJECT THAT STEMS FROM SINGLE ZONING LOT TREATMENT. PRIOR TO ISSUANCE OF CERTIFICATE OF OCCUPANCY, PROOF OF RECORDATION OF EASEMENTS, AGREEMENTS AND RESTRICTIVE COVENANTS MUST BE SUPPLIED. SEE A/P NO 728943."}],"storyTag":"Improved","storyDelta":null,"timeline":[{"y":2005,"k":"insp","w":"Inspection failed"},{"y":2009,"k":"insp","w":"Inspection failed"},{"y":2015,"k":"permit","w":"Demolition"},{"y":2016,"k":"permit","w":"Electrical"},{"y":2016,"k":"permit","w":"Zoning"}],"rented":false,"licenses":[],"licenseActivity":[],"businessLicenseSourceDate":"2026-07-25","signals":[{"kind":"permit-mismatch","level":"watch","title":"Assessment/permit mismatch","summary":"The assessment jumped 320% in 2023, but no matching permit appears in the property timeline.","evidence":["assessment moved from $6,094,500 to $25,603,600","no permit shown in 2022-2024"],"caveat":"Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it."}],"legalChecks":[{"id":"dated-tax-balance","level":"attention","title":"A dated tax balance needs a current payoff","finding":"$13,390.63 was recorded in the City’s 2022-06 delinquency snapshot for 2019–2021.","why":"That is historical evidence, not today’s amount due. A current exemption, payment, credit, or assistance agreement can coexist with an older snapshot row.","action":"Check period balances and request a dated Property Payoff statement for settlement.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"id":"investigations","level":"verify","title":"Failed inspections are dated events—not the current condition","finding":"2 failed, 0 passed, and 1 CLOSED investigation outcome are in the fetched history; the latest dated visit was CLOSED on Jan 20, 2010.","why":"A PASSED or FAILED value applies to that inspection visit. CLOSED is a separate source status; none of the three alone proves the parent permit or violation case closed—or describes today’s condition.","action":"Open the parent case/permit for each material failure and confirm its later disposition.","url":"https://www.phila.gov/departments/department-of-licenses-and-inspections/inspections-by-permit-type/"},{"id":"commercial-trash","level":"verify","title":"A separate Commercial Trash account may apply","finding":"OPA classifies the parcel as commercial. BlockReport does not receive a current Commercial Trash account balance.","why":"Philadelphia charges qualifying small commercial, mixed-use, and multi-unit properties that use City collection; exemptions and private collection can change applicability. A use category alone does not prove a fee is due.","action":"Check the Commercial Trash account inside the date-effective Property Payoff.","url":"https://www.phila.gov/2026-06-09-pay-your-trash-fee-bill-by-june-30/"}],"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/"}]}