{"asOf":"2026-07-10T01:59:39.120Z","block":"4000-4099 MARKET ST","blockUrl":"https://blockreport.homes/block/4000-4099-market-st","address":"4055 MARKET ST","parcelNumber":"882000039","source":"https://property.phila.gov/?p=882000039","ownerType":"vacant","kind":"vacant land","isHouse":false,"residential":false,"taxExempt":false,"institutional":false,"buildingClass":"VACANT LAND COMMER ACRE+","useLabel":"Vacant lot","owner":"PHILLY OFFICE LAND LLC","marketValue":11165000,"livableArea":null,"yearBuilt":null,"lastSale":{"price":10,"date":"2021-05-21T04:00:00Z"},"openViolations":0,"violYears":[{"y":2022,"n":2,"worst":null},{"y":2023,"n":3,"worst":null}],"inspYears":[{"y":2023,"fails":1,"passes":0},{"y":2024,"fails":0,"passes":1}],"taxOwed":0,"lat":39.9578419041773,"lng":-75.20436696681259,"geom":{"type":"Polygon","coordinates":[[[-75.204947031,39.957661899],[-75.204987293,39.958050475],[-75.204213071,39.958097976],[-75.20373665,39.95803798],[-75.203782739,39.957821251],[-75.203853146,39.957830117],[-75.203916517,39.957532118],[-75.204947031,39.957661899]]]},"zip":"19104","beds":null,"baths":null,"stories":null,"lotArea":55825,"zoning":"CMX4","grade":null,"basement":null,"heater":null,"centralAir":null,"extCond":null,"intCond":null,"garage":null,"homestead":false,"mail":"FOUR WORLD TRADE CENTER, 150 GREENWICH ST, NEW YORK NY, 10006","mailOut":true,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"timesSold":2,"abated":false,"valueSeries":[{"y":2022,"v":1731400,"taxable":1731400},{"y":2023,"v":2449200,"taxable":2449200},{"y":2024,"v":2233100,"taxable":2233100},{"y":2025,"v":2223400,"taxable":2223400},{"y":2026,"v":2223400,"taxable":2223400},{"y":2027,"v":11165000,"taxable":11165000}],"taxNow":156288,"familyHeld":true,"storyTag":"Torn down & rebuilt","storyDelta":1.86,"timeline":[{"y":2020,"k":"permit","w":"Signs (Accessory / Non-Accessory)"},{"y":2020,"k":"permit","w":"Sign"},{"y":2021,"k":"permit","w":"Lot Line Relocation"},{"y":2022,"k":"viol","w":"2 L&I violations"},{"y":2023,"k":"viol","w":"3 L&I violations"},{"y":2023,"k":"insp","w":"Inspection failed"},{"y":2024,"k":"insp","w":"Inspection passed"},{"y":2024,"k":"permit","w":"Alterations"},{"y":2024,"k":"permit","w":"Full Demolition"},{"y":2024,"k":"permit","w":"Major Demolition"},{"y":2025,"k":"demo"},{"y":2025,"k":"permit","w":"Addition and/or Alteration"}],"rented":false,"signals":[{"kind":"transition-activity","level":"watch","title":"Recent transition activity","summary":"The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.","evidence":["4 permit events since 2023","demolition activity since 2023"],"caveat":"Record activity alone does not establish that a sale or redevelopment is planned."},{"kind":"permit-mismatch","level":"watch","title":"Assessment/permit mismatch","summary":"The assessment jumped 402% in 2027, but no matching permit appears in the property timeline.","evidence":["assessment moved from $2,223,400 to $11,165,000","no permit shown in 2026-2028"],"caveat":"Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it."}],"legalChecks":[],"closingChecks":[{"title":"Property Sales Certification","body":"The seller must obtain Philadelphia’s certificate showing the base zoning, last use in the zoning record, and open violations. The City warns that it does not prove Building Code occupancy or show zoning overlays.","action":"Obtain the fresh certificate and compare it with the CO, permits, and Atlas overlays.","url":"https://www.phila.gov/services/permits-violations-licenses/get-a-certificate/get-a-property-sales-certification/"},{"title":"Date-effective City Property Payoff","body":"The Tax Center Property Payoff covers Real Estate Tax, Commercial Trash, and L&I abatement-work invoices. Philadelphia says it does not include business-tax debts or liens, water and sewer charges, or fines for code violations.","action":"Request the City statement effective through settlement; read every period and invoice.","url":"https://www.phila.gov/guides/philadelphia-tax-center/what-to-do/"},{"title":"Professional title and water-lien searches","body":"OPA ownership, deed summaries, and a zero tax balance are not clear title. Mortgages, judgments, municipal claims, water liens, easements, heirs, and other encumbrances require separate searches.","action":"Use a Pennsylvania lawyer/title company and obtain owner’s title insurance; order the separate water search/payoff.","url":"https://www.phila.gov/2026-04-07-why-title-insurance-is-your-best-friend-when-buying-a-home-in-philadelphia/","secondaryUrl":"https://www.phila.gov/services/water-gas-utilities/pay-or-dispute-a-water-bill/resolve-water-liens-judgments/"}]}