The Block ReportBlockReport

House report

2011 S Garnet St

3 bd · 2 stories · 1,165 sqft · RM1 · built 2021

Absentee individual · assessed $392K · sold 4×. On the 2000 block of S Garnet St.

Street view of 2011 S Garnet St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Assessment$392KCity assessed value Last sale$390KRecorded 2024 Est. taxes$1K/yearAnnual city record Permits6Shown in this report ViolationsNone openNo open L&I cases

What stands out

From the public record
Finding

Torn down & rebuilt

Why it matters

Old house bought for $60K in 2020, demolished and rebuilt (2020), then sold for $390K in 2024.

View supporting records →

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The tax bill is temporary

Today's $1,098/yr reflects a 10-year abatement. It jumps to about $5,489/yr in 2032 — $4,391/yr more. Price the full bill, not the current one.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$392K
built 2021
Price / sq ft
$337
block $202 · above block
Appreciation
+1741%
+30%/yr, city 6.5%
In 5 years (~2031)
~$398K
+30%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
4.8%
≈$2K/mo rent
Times sold
4
kept in the family

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$250K$500K2019: 4 L&I violations2020: L&I violation 2020: Inspection failed 2020: Land $60K 2020: New construction, addition, GFA change2021: New Construction 2021: New Construction 2021: New Construction 2021: New Construction or Additions 2021: New Construction 2021: Inspection failed2024: Sold $390K$392K201620222027
This houseBlock median & rangeSaleLand buyL&I violationPermit

The paper trail

Torn down & rebuilt

Old house bought for $60K in 2020, demolished and rebuilt (2020), then sold for $390K in 2024.

  1. 2019 4 L&I violationsL&I
  2. 2020 L&I violationL&IInspection failedL&I visit$60KLand buyNew construction, addition, GFA changePermit
  3. 2021 New ConstructionPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermitInspection failedL&I visit
  4. 2024 $390KSold

Flags: tax-abated — the bill lags real value · active rental license · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,098/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$5,489/yr — a step up of $4,391/yr, 5 assessment years out. Drag the slider.

2016: ~$298/yr2017: ~$298/yr2018: ~$298/yr2019: ~$416/yr2020: ~$420/yr2021: ~$420/yr2022: ~$894/yr2023: ~$1,077/yr2024: ~$1,077/yr2025: ~$1,071/yr2026: ~$1,071/yr2027: ~$1,098/yr2028: ~$1,098/yr (projected)2029: ~$1,098/yr (projected)2030: ~$1,098/yr (projected)2031: ~$1,098/yr (projected)2032: ~$5,489/yr (projected)2033: ~$5,489/yr (projected)201620322033
2027~$1,098/yrfrom the record

now: ($392,100 assessed − $313,660 abated) × 1.3998% ≈ $1,098/yr 2032: $392,100 assessed × 1.3998% ≈ $5,489/yr Flat 100% exemption (pre-2022 program, started 2022), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
3
Stories
2
Interior
1,165 sqft
livable area
Lot
680 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RM1
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2011 S Garnet St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$390K
20%
6.875%
$2K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — Freddie Mac's average that year.

Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Cash to close
—
down + ~4% costs
Cash flow
—
rent − all costs · /mo
Cap rate
—
NOI ÷ price
Cash-on-cash
—
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Block context

2011 S Garnet St sits on the 2000 block of S Garnet St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2009 S Garnet St  ·  2013 S Garnet St

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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)