The Block Report

Apartment building report

1723 Spruce St

4 stories · 6,970 sqft · RM4 · built 1890

Apartment building · 11 units · Lava Finance LLC · assessed $1.6M (2026) · 2027 OPA assessment $1.6M. On the 1700 block of Spruce St.

Street view of 1723 Spruce St
From the street — imagery © Google
From above — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

Assessment$1,616,6002026 OPA assessment · 2027: $1,623,000 Last sale$2.0MRecorded 2022 Est. tax bill$22,629/year2026 taxable assessment × 1.3998% Tax delinquency—Snapshot unavailable Permits0Dated events in report Violations0 openNo historical match in fetched records

“Open” reflects records available then historical records keep their source dates estimates are labeled

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The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$22,629/year

2026 taxable assessment $1,616,600 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $1,623,000; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 881542600
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record

The property record, over time

Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $1,623,000; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$1.0M$2.0M$1.6M200220072012201720222027
Property assessmentAssessmentDeed / sale

Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Every dated record2 events · exact dates, newest first
  1. Deed / saleDeed / sale $2.0M
  2. Deed / saleDeed / sale $1.3M
Apartment buildingBuilding report

This is a apartment building, recorded under the city's apartments category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.

What it is
Apartment building
Apts 5-50 Units Masonry
Owner
Lava Finance LLC
OPA tax treatment
Assessed $1.6M
Taxable assessment on the roll
$ / sq ft
$233
above the $151 median for 3,983 apartments parcels citywide
Licensed units
11
active rental license
Assessed value
$1,616,600
2026 OPA · 2027: $1,623,000
Interior area
6,970 sqft
Lot size
2,368 sqft
Stories
4
Built
1890
Zoning
RM4

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 2 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$2.0M transfer

    2022

  2. Recorded transfer$1.3M transfer

    2002

What this record suggests

The dated deed and City-record sequence is assembled below. Read timing as a research lead, not proof of renovation, condition, or motive.

Who's behind it

Lava Finance LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $2.2M combined
• Tax bills mail to 7 Lansbrook Court, Sewell NJ, 08080 — outside Philadelphia
• Holds an active rental license for this address

PA corporate registry ↗OpenCorporates ↗City record ↗

Block context

1723 Spruce St sits on the 1700 block of Spruce St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1721 Spruce St  ·  1725 Spruce St

Where this comes from
Methodology & freshness

This report was assembled Jul 10, 2026, 1:34 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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)