Philadelphia property report

2200 block of Market St

A commercial block: 4 storefronts and businesses, with 22 open code violations and 3 parcels listed in the June 2022 tax-delinquency snapshot ($43,334 recorded then).

The typical home here is up 136% since 2016, now about $2.1M. Property taxes are climbing about 8% a year.

Every parcel on the block, colored by who owns it. Tap a parcel for the owner and its city record.
The readRecord analysis · from the figures below
  1. 01
    Tax snapshot

    The City’s June 2022 delinquency snapshot recorded $43K across 3 parcels; it does not show today’s balance.

  2. 02
    Maintenance

    Five homes carry 22 open violations, averaging over four per property.

  3. 03
    Ownership

    Sixty percent investor ownership coexists with three properties never sold since 2001.

By the Numbers

Median value
$8.9M
$659K–$115M
ZIP median $603K
Commercial
$16M
3 buildings · $618/sqft
Price / sq ft
$305
typical home
city median $181
Vs. Philadelphia
38.8×
the city median
city $230K
Tax / yr
$10K
typical · up to $10K
city ≈$3K/yr
Major assessment exemptions
2 of 5
$1.6M/yr estimated reduction
Owner-occupied
25%
1 of 5
city 48%
Rentals
20%
1 licensed
city 15% of homes
Open violations
22
L&I code
▲ block 20% · city 5%
Tax delinquency · Jun 2022
$43K
3 of 5 listed
▲ block 60% · city 9%
Zoning appeals
6
2 homes · ZBA & boards
block 40% · city 5%
Record caveats
2
of 5 parcels

How fast it's moving

1 year
-76%
value · tax −$12K
5 years
+15%
value · tax +$5K
10 years
+136%
value · tax +$17K

Assessed-value change for the typical home. Philadelphia taxes a flat 1.3998% of value, so the bill moves with it.

How the block compares

The typical parcel here is $8.9M — about 38.8× the citywide median home, and above the ZIP 19103 median of $603K. The same block, read against everyone else in the ZIP 19103 and across Philadelphia.

This blockZIP 19103Philadelphia
Median parcel value (ZIP/city: homes)$8.9M$603K$230K
Owner-occupied0%33%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 66 reported crimes (about 6 a month, 24% of them violent) and 211 resident 311 requests to the city. A busy commercial corridor logs far more than a quiet residential block, so read this against nearby blocks, not the citywide total.

Crimes · 12mo
66
about 6/month · 24% violent
311 requests · 12mo
211
about 18/month · 29 open

Most reported crimes

Thefts20
Other Assaults11
Theft from Vehicle9
Fraud8
Vandalism/Criminal Mischief7
Aggravated Assault No Firearm5

Top 311 complaints

Traffic Signal Emergency37
Information Request33
Graffiti Removal23
Other (Streets)19
Street Light Outage17
Street Defect14

Philadelphia Police incident reports and 311 service requests within 200m, trailing 12 months. Reported location, not necessarily where an incident occurred.

Schools

The public schools this block is zoned for — its official School District of Philadelphia catchments.

Elementary & Middle · K-8
Albert M Greenfield
2200 Chestnut St · 757 students
High · 9-12
Benjamin HS Franklin
616 N 15th St · 975 students

Catchment assignments from the School District of Philadelphia via City of Philadelphia open data. Confirm with the District before enrollment decisions.

What it's worth, and where taxes are going

Median assessed value · 2016–2027

$0$25M$50M$2.1M2016: $892K2017: $892K2018: $1.1M2019: $1.1M2020: $1.1M2021: $1.8M2022: $1.8M2023: $1.6M2024: $1.6M2025: $2.0M2026: $8.9M2027: $2.1M2016202020232027

▲ +136% since 2016

Estimated property tax · per home, per year

$0$25,000$50,000$29,5252016: $12,4912017: $12,4912018: $14,2342019: $14,3332020: $14,3712021: $24,8232022: $24,8232023: $23,0452024: $23,0452025: $28,6652026: $41,2802027: $29,5252016202020232027

▲ +136% since 2016 · ~+8%/yr

2
2 properties on this block show a material assessment exemption. At the current rate, the difference between full and taxable assessments reduces the block's annual estimate by about $1,570,058. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +8.1% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

95100100020162019202220252027This block 236 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $236 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+8.1%/yr
price, since 2016
Total appreciation
+136%
since 2016
Real return
+5.1%/yr
after ~3% inflation
vs. Philadelphia
+1.6 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years). Informational only, not investment advice.

How often it changes hands

This block has recorded 3 arm's-length sales since 2001. The typical home has sold 0 times in that window, while 3 have not changed hands at all.

Every recorded sale · price & date

$0$500K$1.0M2001200420072010
3arm's-length sales since 2001
0times the typical home has sold
2most sales for a single property
3homes never sold in the window

Who owns it

Ownership of 5 parcels

Owner-occupied: 1Investor / LLC: 2Absentee individual: 2 5parcels
  • Owner-occupied 1
  • Investor / LLC 2
  • Absentee individual 2

Value distribution today

3 parcels0 parcels0 parcels0 parcels0 parcels0 parcels2 parcels
$459K$16M+

The block's largest owner, Phila Electric Co, carries 7 open violations across 103 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Phila Electric Co1103$105M2301 Market St, Philadelphia PA, 19103phila.gov ↗ · registry ↗
Aegean Management Company INC11$659K5 Springton Pointe Dr, Newtown Square PA, 19073phila.gov ↗ · registry ↗
Market West Associates LP11$115M2222 Market St, Philadelphia PA, 19103phila.gov ↗ · registry ↗

The mailing address is where the assessor sends the tax bill — for an LLC, often the closest public record gets to the person behind it. "Registry" searches the owner's name in state incorporation records (OpenCorporates).

Parcel by parcel

All 5 parcels on the block — value trajectory, ownership, and the paper trail assembled from the fetched public datasets. Sorted up the street; each links to its property report and official sources — or download the roster (CSV).

Every parcel's assessed value, 2016–2027 — each line is one parcel

$0$100M$200M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
2200-02 MARKET ST Store built new under a 2015 permit. Absentee individual $2.1M 3,413 1973 2 $21K tax · Jun ’22
2200S MARKET ST Commercial Owner pulled a electrical permit in 2014. Absentee individual $459K 40,000 2006 0
2201 MARKET ST Commercial demolished in 2009 and rebuilt (2009). Investor / LLC $16M 10,308 1965 0 assessment exemption · basis unverified$11K tax · Jun ’22
2204 MARKET ST Apartment building Owner pulled a change of use permit in 2025. Investor / LLC $659K 2,160 1900 1 licensed rental$11K tax · Jun ’22lien in pre-2017 ledger
2222 MARKET ST Vacant lot built new under a 2023 permit (reduced taxable assessment shown). Owner-occupied $115M 354,236 2023 0 assessment exemption · basis unverified22 viol

Neighborhood

Median income
$89K
household
Own vs. rent
25%
owner-occupied
Median age
45.1
residents
Median rent
$1K
gross monthly

Generated 2026-07-10 from public City of Philadelphia records  ·  Download this block's data (CSV)

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 9:59 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. “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.