{"asOf":"2026-07-28T15:04:41.894Z","block":"1300-1399 S REESE ST","blockUrl":"https://philadelphia.blockreport.homes/block/1300-1399-s-reese-st","address":"1316 S REESE ST","parcelNumber":"011337800","source":"https://property.phila.gov/?p=011337800","ownerType":"investor","kind":"house","isHouse":true,"home":true,"commercial":false,"residential":true,"taxExempt":false,"institutional":false,"buildingCode":"O30","buildingCodeNew":"22","buildingClass":"ROW 2 STY MASONRY","buildingClassNew":"ROW TYPICAL","useLabel":"House","owner":"RAD DIVERSIFIED REIT INC","coOwner":null,"marketValue":263000,"landAssessment":52600,"improvementAssessment":210400,"livableArea":1122,"yearBuilt":1920,"lastSale":{"price":245000,"date":"2022-03-10T05:00:00Z"},"openViolations":0,"violations":[],"violationCases":[],"investigations":[],"taxOwed":0,"taxSnapshot":{"available":true,"asOf":"2022-06","matched":false},"taxDelinquencySnapshotAsOf":"2022-06","taxDelinquencySnapshotAvailable":true,"lat":39.93173320100829,"lng":-75.1537583165612,"geom":{"type":"Polygon","coordinates":[[[-75.153679463,39.931701341],[-75.153846551,39.931723952],[-75.153837858,39.931764587],[-75.153670913,39.931743156],[-75.153679463,39.931701341]]]},"liDistrict":"SOUTH","certifications":[],"cityRecordAvailability":{"violations":true,"investigations":true,"appeals":true,"certifications":true,"permits":true,"licenses":true},"zip":"19147","beds":3,"baths":1,"stories":2,"lotArea":731,"zoning":"RSA5","grade":"C","basement":"C","heater":"A","centralAir":false,"extCond":"4","intCond":"4","garage":null,"homestead":false,"mail":"256 EAGLEVIEW BLVD, EXTON PA, 19341","mailOut":true,"appeals":[],"taxYears":[],"taxNet":0,"taxLien":false,"taxLedgerThrough":2016,"taxLedgerAvailable":true,"timesSold":1,"abated":false,"assessmentExemption":false,"exemptionBasisVerified":false,"valueSeries":[{"y":2016,"v":128300,"taxable":64500,"land":11773,"improvement":116527,"taxableLand":11773,"taxableImprovement":52727,"exemptLand":0,"exemptImprovement":63800},{"y":2017,"v":128300,"taxable":64500,"land":28611,"improvement":99689,"taxableLand":28611,"taxableImprovement":35889,"exemptLand":0,"exemptImprovement":63800},{"y":2018,"v":128300,"taxable":64500,"land":28611,"improvement":99689,"taxableLand":28611,"taxableImprovement":35889,"exemptLand":0,"exemptImprovement":63800},{"y":2019,"v":175400,"taxable":64500,"land":39114,"improvement":136286,"taxableLand":39114,"taxableImprovement":25386,"exemptLand":0,"exemptImprovement":110900},{"y":2020,"v":190000,"taxable":64500,"land":42370,"improvement":147630,"taxableLand":42370,"taxableImprovement":22130,"exemptLand":0,"exemptImprovement":125500},{"y":2021,"v":190000,"taxable":64500,"land":42370,"improvement":147630,"taxableLand":42370,"taxableImprovement":22130,"exemptLand":0,"exemptImprovement":125500},{"y":2022,"v":190000,"taxable":64500,"land":42370,"improvement":147630,"taxableLand":42370,"taxableImprovement":22130,"exemptLand":0,"exemptImprovement":125500},{"y":2023,"v":221800,"taxable":64500,"land":44360,"improvement":177440,"taxableLand":44360,"taxableImprovement":20140,"exemptLand":0,"exemptImprovement":157300},{"y":2024,"v":221800,"taxable":221800,"land":44360,"improvement":177440,"taxableLand":44360,"taxableImprovement":177440,"exemptLand":0,"exemptImprovement":0},{"y":2025,"v":253500,"taxable":253500,"land":50700,"improvement":202800,"taxableLand":50700,"taxableImprovement":202800,"exemptLand":0,"exemptImprovement":0},{"y":2026,"v":253500,"taxable":253500,"land":50700,"improvement":202800,"taxableLand":50700,"taxableImprovement":202800,"exemptLand":0,"exemptImprovement":0},{"y":2027,"v":263000,"taxable":263000,"land":52600,"improvement":210400,"taxableLand":52600,"taxableImprovement":210400,"exemptLand":0,"exemptImprovement":0}],"taxNow":3548,"familyHeld":false,"lastTransferNominal":false,"permits":[{"number":"RP-2022-013678","date":"2023-03-06","work":"Addition and/or Alteration","type":"Residential Building","description":"Residential Building Permit","status":"Issued","completedDate":null,"scope":"FOR INTERIOR ALTERATION OF AN EXISTING STRUCTURE TO CONTINUOUS USE AS SINGLE-FAMILY DWELLING. THE EXISTING BASEMENT TO REMAIN NON-HABITABLE SPACE. SIZE AND LOCATION AS SHOWN ON THE PLANS. ** SEPARATE PERMIT REQUIRE FOR ELECTRICAL, PLUMBING AND MECHANICAL **"},{"number":"MP-2023-002853","date":"2023-07-06","work":"Addition and/or Alterations","type":"Mechanical","description":"Mechanical / Fuel Gas Permit","status":"Issued","completedDate":null,"scope":"EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. Installing 90% furnace 2-ton condenser and 2-ton coil installation of duct work installing (5) supply vents (3) return"},{"number":"EP-2023-007371","date":"2023-08-07","work":"Addition and/or Alteration","type":"Electrical","description":"Electrical Permit","status":"Issued","completedDate":null,"scope":"New 100A service and rewire house to existing outlet locations as per 2017 nec"},{"number":"PP-2023-010309","date":"2023-08-08","work":"Alterations","type":"Plumbing","description":"Plumbing Permit","status":"Issued","completedDate":null,"scope":"Install main house drain in basement with stack up to 2 nd fl and thru roof, install drains to all fixtures(ks, lav, toilet on first fl and lav, tub and toilet on 2nd fl)install new water lines to all fixtures and appliances, install new water heater, install laundry tub, install hose Bibb"}],"storyTag":"Improved","storyDelta":null,"timeline":[{"y":2022,"k":"sale","p":245000},{"y":2023,"k":"permit","w":"Addition and/or Alteration"},{"y":2023,"k":"permit","w":"Addition and/or Alterations"},{"y":2023,"k":"permit","w":"Addition and/or Alteration"},{"y":2023,"k":"permit","w":"Alterations"}],"rented":false,"licenses":[{"number":"899746","type":"Vacant Residential Property / Lot","status":"Inactive","businessName":"Rad Diversified Reit","legalName":"Rad Diversified Reit","address":"1316 S REESE ST","revenueCode":"3219","rentalCategory":null,"units":null,"issuedDate":"2022-06-30","latestIssueDate":"2023-08-15","expirationDate":"2024-06-29","inactiveDate":"2024-08-27"}],"licenseActivity":[{"number":"899746","type":"Vacant Residential Property / Lot","businessName":"Rad Diversified Reit","legalName":"Rad Diversified Reit","issuedDate":"2022-06-30","latestIssueDate":"2023-08-15","closureDate":"2024-08-27","expirationDate":"2024-06-29","inactiveDate":"2024-08-27","status":"Inactive","statusLabel":"Inactive","active":false}],"businessLicenseSourceDate":"2026-07-27","signals":[{"kind":"post-purchase-work","level":"elevated","title":"Post-purchase work pattern","summary":"A recorded purchase followed by 4 permit events matches the early part of a renovate-and-resell sequence.","evidence":["purchase recorded in 2022","permit activity in 2023"],"caveat":"This does not show that the property is listed or that a sale is planned."}],"legalChecks":[{"id":"permit-status","level":"attention","title":"A permit row needs file-level verification","finding":"4 permits not marked completed: RP-2022-013678 (Issued), MP-2023-002853 (Issued), EP-2023-007371 (Issued), PP-2023-010309 (Issued).","why":"Issued work is not the same as approved final work. L&I uses final inspections and required certifications to close construction permits; expired, withdrawn, and completed are different City statuses.","action":"Open the permit file and confirm final inspections, holds, and any resulting occupancy certificate.","url":"https://www.phila.gov/departments/department-of-licenses-and-inspections/inspections-by-permit-type/"},{"id":"business-license","level":"verify","title":"A historical business license is not current operating authority","finding":"Vacant Residential Property / Lot #899746: Inactive since Aug 27, 2024","why":"A license record proves the licensed activity existed at that time. An inactive or expired license does not establish that the business still operates—or that it may legally reopen under the same use.","action":"If business income matters, verify the current tenant, use registration, and active license in eCLIPSE.","url":"https://www.phila.gov/departments/department-of-licenses-and-inspections/licenses/business-licenses/"}],"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"}]}