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Property Report

1516 REED ST

Philadelphia, PA 19146

94.2/100

This property at 1516 REED ST, Philadelphia, PA 19146 has no open violations, no outstanding tax debt, 3 recorded ownership transfers. View the full property report for detailed violation history, ownership records, title risk analysis, and neighborhood safety data.

Property Details

Market Value$215,400
Year Built1925
Property TypeMIXED USE
Exterior Condition4
OwnerFarmakon and Co
NeighborhoodPoint Breeze

Grade Breakdown

Building SafetyA
Code ComplianceA
License StatusA
Tax StatusA
Complaint HistoryB
Property ConditionC

Property summary

1516 Reed St is a 1925-built mixed use in the Point Breeze section of 19146, last assessed at $215,400. From the early 20th century, the building predates modern plumbing and electrical codes and may include lead paint, asbestos, or knob-and-tube wiring. It has changed hands 3 times, most recently selling for $241,000 in 2016. All 9 code violations on file have been resolved. The property is held by Farmakon And Co, an individual with a portfolio of 3 Philadelphia properties. Portfolio median fix time: 21 days (citywide median: 54 days). That places this owner in the faster quartile for code-violation response relative to peers.

Comparable properties on this block

AddressYearTypeValueGrade
1509 Reed St1915Single Family$587,700A
1501 Reed St1915Apartments > 4 Units$558,000B
1527 Reed St1915Single Family$520,000A
1514 Reed St1925Single Family$503,000A
1511 Reed St1915Single Family$471,800A

Recent activity

  1. 2023-11-03Inspection
  2. 2023-11-03Violation resolved — A-304.1/1
  3. 2023-11-03Violation resolved — PM15-304.1(M)
  4. 2023-11-03Violation resolved — PM15-108.1
  5. 2023-10-13Violation opened — PM15-304.1(M)
  6. 2023-10-13Violation opened — A-304.1/1
  7. 2023-10-13Violation opened — PM15-108.1
  8. 2023-10-13Inspection
  9. 2022-05-25Complaint closed
  10. 2022-02-16Complaint closed

Owner portfolio

Farmakon And Co is an individual that holds 3 Philadelphia properties.

Neighborhood context

ZIP 19146
$357,200median value
4.4%with open violations
20,939properties tracked

Other properties on this block

Same block — compare grades, violation counts, and owner patterns across neighboring properties.

Other properties owned by Farmakon and Co

Portfolio view — other Philadelphia properties linked to Farmakon and Co by name.

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