Torn down & rebuilt
Why it mattersdemolished in 2025 and rebuilt (2024).
View supporting records →House report
1941 N Marshall St
4 stories · 9,072 sqft · RM1 · built 2023
Investor / LLC · assessed $1.3M · sold 1×. On the 1900 block of N Marshall St.
Property summary
Assessment$1.3MCity assessed value
Last sale$480KRecorded 2024
Est. taxes$2K/yearAnnual city record
Permits8Shown in this report
ViolationsNone openNo open L&I cases
What stands out
From the public recordAssessment and sale price disagree hard
Why it mattersAssessed at $1.3M, but it traded for $480,000 in 2024 — a 2.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
View supporting records →What to do with this
The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.
If you’re buying
The tax bill is temporary
Today's $1,771/yr reflects a 10-year abatement. It steps up every year and reaches about $17,716/yr in 2035 — $15,945/yr more. Price the full bill, not the current one.
If you’re the landlord
Licensed rental — keep it that way
Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.
Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.
Who's behind it
Prestige Design On Marshall LLC · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $1.4M combined
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale
The investment read
How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.
Assessed value
$1.3M
built 2023
Price / sq ft
$140
block $147 · in line w/ block
Appreciation
+658%
+96%/yr, city 6.5%
In 5 years (~2031)
~$1.3M
+96%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
0.14% effective, abated
Gross yield
—
Times sold
1
kept in the family
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeTeardownL&I violation
The paper trail
Torn down & rebuiltdemolished in 2025 and rebuilt (2024).
- 2024 ExcavationPermitL&I violationL&INew ConstructionPermitRough-InPermitRough-InPermitNew ConstructionPermitNew ConstructionPermit
- 2025 New Construction or AdditionsPermitDemolishedTeardownNew ConstructionPermitAppeal completeZoning
- 2026 L&I violationL&I
Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $1,771/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$17,716/yr — a step up of $15,945/yr, 8 assessment years out. Drag the slider.
now: ($1,265,600 assessed − $1,139,082 abated) × 1.3998% ≈ $1,771/yr
2035: $1,265,600 assessed × 1.3998% ≈ $17,716/yr
The abated slice shrinks ~10% a year (post-2022 program, started 2025) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.
The house, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Stories
4
Interior
9,072 sqft
livable area
Lot
2,666 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
B
assessor's grade
ABCDE
Zoning
RM1
city zoning code
Zoning appeals
1
complete 2025
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Where the record looks off
Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.
Assessment and sale price disagree hard
Assessed at $1.3M, but it traded for $480,000 in 2024 — a 2.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
Run the numbers
What owning 1941 N Marshall St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.
When this house last sold (2024) a 30-year mortgage ran about 6.72% — Freddie Mac's average that year.
Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Cash to close
—
down + ~4% costs
Cash flow
—
rent − all costs · /mo
Cap rate
—
NOI ÷ price
Cash-on-cash
—
year-1 return on cash in
Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).
Block context
1941 N Marshall St sits on the 1900 block of N Marshall St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1943 N Marshall St · 1945 N Marshall St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Back taxes & liens — Real Estate Tax Balances, Dept. of Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.
First time here?
This is 1941 N Marshall St,
on paper.
Built 2023. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
No signup, no teaser
The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)