Philadelphia property report

3400 block of Spruce St

A commercial block: 2 storefronts and businesses, with 1 open code violation.

The typical home here is up 7% since 2016, now about $91M. Property taxes are climbing about 1% a year though the increases have eased lately.

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

BlockReport is reading this block's city record right now. Its take lands here in about a minute...

By the Numbers

Median value
$91M
$59M–$122M
ZIP median $242K
Commercial
$91M
2 buildings · $235/sqft
Vs. Philadelphia
394.3×
the city median
city $230K
Major assessment exemptions
2 of 2
$2.5M/yr estimated reduction
Owner-occupied
0%
0 of 2
city 48%
Rentals
0%
0 licensed
city 15% of homes
Open violations
1
L&I code
▲ block 50% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
5
2 homes · ZBA & boards
block 100% · city 5%

How fast it's moving

1 year
+0%
value · tax +$0
5 years
+0%
value · tax +$0
10 years
+7%
value · tax +$562

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 $91M — about 394.3× the citywide median home, and above the ZIP 19104 median of $242K. The same block, read against everyone else in the ZIP 19104 and across Philadelphia.

This blockZIP 19104Philadelphia
Median parcel value (ZIP/city: homes)$91M$242K$230K
Owner-occupied0%26%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 49 reported crimes (about 4 a month, 27% of them violent) and 25 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
49
about 4/month · 27% violent
311 requests · 12mo
25
about 2/month · 4 open

Most reported crimes

Thefts27
Other Assaults9
Motor Vehicle Theft6
Aggravated Assault No Firearm2
Rape2
All Other Offenses1

Top 311 complaints

Traffic Signal Emergency9
Street Defect3
Street Light Outage3
Information Request2
Other (Streets)2
Traffic Calming Request2

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 · K-4
Samuel Powel
3610 Warren St · 342 students
Middle · 5-8
Science Leadership Academy Middle School
3610 Warren St · 351 students
High · 9-12
West Philadelphia HS
4901 Chestnut St · 729 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 · 2016–2026

$0$100M$200M$91M2016: $85M2017: $85M2018: $91M2019: $91M2020: $91M2021: $91M2022: $91M2023: $91M2024: $91M2025: $91M2026: $91M2016201920232026

▲ +7% since 2016

Estimated property tax · per home, per year

$0$5,000$10,000$9,0792016: $8,5172017: $8,5172018: $9,0792019: $9,0792020: $9,0792021: $9,0792022: $9,0792023: $9,0792024: $9,0792025: $9,0792026: $9,0792016201920232026

▲ +7% since 2016 · ~+1%/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 $2,516,528. 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 lagged the Philadelphia market, compounding +0.6% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510025020162019202220252027This block 107 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $107 today versus $201 across Philadelphia — this block trailed the market.

Annualized return
+0.6%/yr
price, since 2016
Total appreciation
+7%
since 2016
Real return
-2.4%/yr
after ~3% inflation
vs. Philadelphia
-5.9 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.

Who owns it

Ownership of 2 parcels

Investor / LLC: 2 2parcels
  • Investor / LLC 2

Value distribution today

1 parcels0 parcels0 parcels0 parcels0 parcels0 parcels1 parcels
$59M$59M+

The block's largest owner, Trs Univ Of Penn, carries 48 open violations across 108 properties it owns around the city.

OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Trs Univ Of Penn (institution / nonprofit)2108$1.4B3451 Walnut St, Philadelphia PA, 19104phila.gov ↗

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 2 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, 2016–2026 — each line is one parcel

$0$100M$200M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
3400 SPRUCE ST Commercial built new under a 2026 permit (reduced taxable assessment shown). Investor / LLC $122M 1,588,163 1970 0 assessment exemption · basis unverified
3401-99 SPRUCE ST School built new under a 2025 permit (reduced taxable assessment shown). Investor / LLC $59M 151,050 1927 0 assessment exemption · basis unverified1 viol

Neighborhood

Median income
$-667M
household
Own vs. rent
owner-occupied
Median age
-666666666
residents
Median rent
$-667M
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 10, 2026, 3:56 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. “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.