Renovated & sold on
Why it mattersBought for $3.8M in 2025, addition and/or alteration permit in 2021, sold for $3.8M in 2025 (+206%).
View supporting records →Commercial property report
938 Market St
3,580 sqft · CMX5 · built 1900
Commercial · Market Street 9th Partners LLC · assessed $1.3M. On the 900 block of Market St.
Property summary
Assessment$1.3MCity assessed value
Last sale$3.8MRecorded 2025
Est. annual tax$19K/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits8Dated 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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What stands out
From the public record"Built 1900" is usually a placeholder
Why it mattersPhiladelphia 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 →Assessment and sale price disagree hard
Why it mattersAssessed at $1.3M, but it traded for $3,750,000 in 2025 — a 2.8× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
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.
Post-purchase work pattern
A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.
Evidence: purchase recorded in 2025 · permit activity in 2026
Limit: This does not show that the property is listed or that a sale is planned.
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 commercial, 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
Commercial
Rest'Rnt Fastfood Masonry
Owner
Market Street 9th Partners Llc
Tax standing
Assessed $1.3M
On the tax roll
$ / sq ft
$371
above the $130 median for 12,035 commercial parcels citywide
Corridor
Market East
city commercial corridor
Assessed value
$1.3M
City market value
Interior area
3,580 sqft
Lot size
1,790 sqft
Built
1900
Zoning
CMX5
Who's behind it
Market Street 9th Partners LLC · corporate / LLC owner
• Owns 3 properties across Philadelphia under this name, assessed at $11M combined
• Tax bills mail to 3 Banner Way, Camden NJ, 08103 — outside Philadelphia
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.
Assessment and sale price disagree hard
Assessed at $1.3M, but it traded for $3,750,000 in 2025 — a 2.8× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.
Block context
938 Market St sits on the 900 block of Market St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 936 Market St · 940 Market 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
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia 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
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)