The Block Report

Commercial property report

714 Chestnut St

4 stories · 12,338 sqft · CMX5 · built 1900

Store · 714 Chestnut Street LLC · assessed $2.5M. On the 700 block of Chestnut St.

Property summary

Assessment$2.5MCity assessed value Last sale$2.2MRecorded 2022 Est. annual tax$35K/yearAssessment × 1.3998% Tax delinquency—Snapshot unavailable Permits7Dated events in report ViolationsNone openNone open when assembled

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

BlockReport AI · cited public records

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Street view of 714 Chestnut St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record
Finding

"Built 1900" is usually a placeholder

Why it matters

Philadelphia records use 1900 as a stand-in when the real construction year was never documented. Treat the age as unknown, not as 120+ years.

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 7 permit events since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

Dated record flagAssessment/permit mismatch

The assessment jumped 61% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $1,529,900 to $2,467,600 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

Commercial propertyProperty report

This is a store, recorded under the city's commercial 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
Store
Store 4 Sty Masonry
Owner
714 Chestnut Street Llc
Tax standing
Assessed $2.5M
On the tax roll
$ / sq ft
$200
above the $130 median for 12,035 commercial parcels citywide
Corridor
Market East
city commercial corridor
Assessed value
$2.5M
City market value
Interior area
12,338 sqft
Lot size
3,136 sqft
Stories
4
Built
1900
Zoning
CMX5

Who's behind it

714 Chestnut Street LLC · corporate / LLC owner

• Tax bills mail to 339 South St, Philadelphia PA, 19147
• The last transfer was a nominal/family deed, not an open-market sale

PA corporate registry ↗OpenCorporates ↗City record ↗

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.

"Built 1900" is usually a placeholder

Philadelphia records use 1900 as a stand-in when the real construction year was never documented. Treat the age as unknown, not as 120+ years.

Block context

714 Chestnut St sits on the 700 block of Chestnut St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 712 Chestnut St  ·  716 Chestnut St

Where this comes from
Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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.

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