{"asOf":"2026-07-26T00:23:02.663Z","block":"500-599 REED ST","blockUrl":"https://philadelphia.blockreport.homes/block/500-599-reed-st","address":"516 REED ST","parcelNumber":"011237100","source":"https://property.phila.gov/?p=011237100","ownerType":"owner-occupied","kind":"house","isHouse":true,"home":true,"commercial":false,"residential":true,"taxExempt":false,"institutional":false,"buildingCode":"O50","buildingCodeNew":"22","buildingClass":"ROW 3 STY MASONRY","buildingClassNew":"ROW TYPICAL","useLabel":"House","owner":"FRENCH PETER","coOwner":"FRENCH FRANCINE","marketValue":598400,"landAssessment":119680,"improvementAssessment":478720,"livableArea":2200,"yearBuilt":1915,"lastSale":{"price":675000,"date":"2023-07-27T04:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.93092291686439,"lng":-75.15378455631351,"geom":{"type":"Polygon","coordinates":[[[-75.153739059,39.931004521],[-75.153777001,39.930834558],[-75.153830192,39.930841549],[-75.153791992,39.93101112],[-75.153739059,39.931004521]]]},"liDistrict":"SOUTH","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19147","beds":5,"baths":3,"stories":1,"lotArea":1008,"zoning":"RSA5","grade":"B","basement":"D","heater":"A","centralAir":true,"extCond":"4","intCond":"2","garage":null,"homestead":true,"mail":"516 REED ST, PHILADELPHIA PA, 19147","mailOut":false,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":2,"abated":false,"assessmentExemption":false,"exemptionBasisVerified":false,"valueSeries":[{"y":2016,"v":182000,"taxable":121800,"land":16789,"improvement":165211,"taxableLand":16789,"taxableImprovement":105011,"exemptLand":0,"exemptImprovement":60200},{"y":2017,"v":182000,"taxable":121800,"land":40586,"improvement":141414,"taxableLand":40586,"taxableImprovement":81214,"exemptLand":0,"exemptImprovement":60200},{"y":2018,"v":182000,"taxable":121800,"land":40586,"improvement":141414,"taxableLand":40586,"taxableImprovement":81214,"exemptLand":0,"exemptImprovement":60200},{"y":2019,"v":253100,"taxable":121800,"land":56441,"improvement":196659,"taxableLand":56441,"taxableImprovement":65359,"exemptLand":0,"exemptImprovement":131300},{"y":2020,"v":274300,"taxable":121800,"land":61169,"improvement":213131,"taxableLand":61169,"taxableImprovement":60631,"exemptLand":0,"exemptImprovement":152500},{"y":2021,"v":274300,"taxable":121800,"land":61169,"improvement":213131,"taxableLand":61169,"taxableImprovement":60631,"exemptLand":0,"exemptImprovement":152500},{"y":2022,"v":274300,"taxable":274300,"land":61169,"improvement":213131,"taxableLand":61169,"taxableImprovement":213131,"exemptLand":0,"exemptImprovement":0},{"y":2023,"v":345500,"taxable":345500,"land":69100,"improvement":276400,"taxableLand":69100,"taxableImprovement":276400,"exemptLand":0,"exemptImprovement":0},{"y":2024,"v":345500,"taxable":345500,"land":69100,"improvement":276400,"taxableLand":69100,"taxableImprovement":276400,"exemptLand":0,"exemptImprovement":0},{"y":2025,"v":409600,"taxable":309600,"land":81920,"improvement":327680,"taxableLand":81920,"taxableImprovement":227680,"exemptLand":0,"exemptImprovement":100000},{"y":2026,"v":409600,"taxable":309600,"land":81920,"improvement":327680,"taxableLand":81920,"taxableImprovement":227680,"exemptLand":0,"exemptImprovement":100000},{"y":2027,"v":598400,"taxable":498400,"land":119680,"improvement":478720,"taxableLand":119680,"taxableImprovement":378720,"exemptLand":0,"exemptImprovement":100000}],"taxNow":4334,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"913568","date":"2018-09-26","work":"Plumbing","type":"PP_PLUMBNG","description":"PLUMBING PERMIT","status":"COMPLETED","completedDate":"2019-01-31","scope":"REPLACEMENT OF TOILET VANITY INSTALLATION OF 1 TOILET 1 VANITY 2 SHOWERS 1KS STACK MAIN DRAIN AND WATER LINES THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004 (SFD)"},{"number":"916447","date":"2018-10-05","work":"Major alteration","type":"BP_ALTER","description":"ALTERATION PERMIT","status":"COMPLETED","completedDate":"2019-01-31","scope":"INSTALL NEW BATHROOM ON 2ND FL IN EXISTING BEDROOM,NEW TILE FLOOR AND LIGHTING.REMODELING A KITCHEN ON 1ST FL,NEW TILE FLOOR, NEW CABINETS, NEW COUNTER TOPS AND NEW APPLIANCES,INSTALL PARTITION WALLS NON-LOAD BEARING,INSTALL DRYWALL IN NEW BATHROOMS AND KITCHEN.LAMINATING OLD PLASTER IN BACK BEDROOM WITH NEW DRYWALL TRIM AND PAINT."},{"number":"924240","date":"2018-11-01","work":"Electrical","type":"EP_ELECTRL","description":"ELECTRICAL PERMIT","status":"COMPLETED","completedDate":"2019-01-29","scope":"WIRING OF NEW LIGHTS,OUTLETS,SMOKES AND A/C AND HEAT UNITS THROUGHOUT A SFD AND ADD 100AMP SUBPANEL ON AN EXISTING 200AMP SERVICE AS PER 2008 NEC (SOUTH DISTRICT)"},{"number":"930238","date":"2018-11-27","work":"Mechanical","type":"BP_MECH","description":"MECHANICAL PERMIT","status":"COMPLETED","completedDate":"2019-01-31","scope":"EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- FOR THE INSTALLATION OF NEW DUCTWORK, REGISTERS/GRILLES/DIFFUSERS, AND WARM-AIR APPLIANCES AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS."},{"number":"PP-2022-018456","date":"2022-12-27","work":"Alterations","type":"Plumbing","description":"Plumbing Permit","status":"Completed","completedDate":"2023-07-13","scope":"REPAIR/REPLACE CT and FAI"}],"storyTag":"Renovated & sold on","storyDelta":0.63,"timeline":[{"y":2018,"k":"sale","p":413000},{"y":2018,"k":"permit","w":"Plumbing"},{"y":2018,"k":"permit","w":"Major alteration"},{"y":2018,"k":"permit","w":"Electrical"},{"y":2018,"k":"permit","w":"Mechanical"},{"y":2022,"k":"permit","w":"Alterations"},{"y":2023,"k":"sale","p":675000}],"rented":false,"licenses":[],"licenseActivity":[],"businessLicenseSourceDate":"2026-07-24","signals":[{"kind":"permit-mismatch","level":"watch","title":"Assessment/permit mismatch","summary":"The assessment jumped 46% in 2027, but no matching permit appears in the property timeline.","evidence":["assessment moved from $409,600 to $598,400","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":[{"id":"homestead","level":"verify","title":"Homestead is tied to owner occupancy and the deed","finding":"OPA shows the Homestead Exemption.","why":"Philadelphia limits Homestead to an owner’s primary residence. The City says a deed change can require a new application or update.","action":"A buyer should apply in their own name and not assume the seller’s benefit continues.","url":"https://www.phila.gov/documents/homestead-exemption-application/"}],"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/"},{"title":"Seller-specific tax relief is not the buyer’s bill","body":"LOOP and low-income or senior Real Estate Tax freezes depend on the qualifying owner and continued program eligibility; a buyer cannot assume the seller’s capped or frozen bill continues. A separately verified property abatement often remains with the property for its remaining term, but program-specific new-owner filing, use, and tax-compliance conditions still must be confirmed—not inferred from the reduced assessment alone.","action":"Have Revenue or OPA identify every current benefit, model the buyer’s bill without seller-specific relief, and confirm any verified abatement in writing.","url":"https://www.phila.gov/services/payments-assistance-taxes/payment-plans-and-assistance-programs/income-based-programs-for-residents/apply-for-the-longtime-owner-occupants-program-loop/","secondaryUrl":"https://www.phila.gov/services/payments-assistance-taxes/taxes/property-and-real-estate-taxes/get-real-estate-tax-relief/tax-freeze/"},{"title":"Seller disclosure and independent inspections","body":"For a covered Pennsylvania residential transfer, obtain the statutory seller disclosure. It reports the seller’s knowledge; it is not a warranty, title search, code review, or substitute for inspections. Because OPA dates this building before 1978, separately obtain the required federal/City lead disclosures and any test results.","action":"Have the agreement and disclosure reviewed for this transaction’s coverage and exceptions.","url":"https://www.pa.gov/agencies/dos/department-and-offices/bpoa/boards-commissions/real-estate-commission"}]}