House report

2409-11 E Ann St

2 stories · 3,204 sqft · RSA5 · built 1925

Investor / LLC · assessed $215K · sold 2×. On the 2400 block of E Ann St.

Street view of 2409-11 E Ann St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Verify the current balance before relying on it.

$1 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

Assessment frozen for a decade

Why it matters

The assessed value hasn't moved once in 12 years of records while the city around it repriced. That usually means the parcel is falling through the reassessment process, not that its value is flat.

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

Built 1925: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

If you own it

$1 in the June 2022 delinquency snapshot

The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia Revenue.

If you’re the landlord

Lead certificate is not optional

Built 1925: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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.

Who's behind it

Garrett Bobby Ferguson LLC · corporate / LLC owner

• Owns 6 properties across Philadelphia under this name, assessed at $862K combined
• Tax bills mail to 7234 Frankford Ave, Philadelphia PA, 19135
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$215K
built 1925
Price / sq ft
$67
block $250 · below block
Appreciation
+0%
+0%/yr, city 6.5%
In 5 years (~2031)
~$215K
+0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Jun 2022 tax snapshot
$1
delinquency recorded then · verify current
Gross yield
-3727865.8%
≈$-667M/mo rent
Times sold
2
kept in the family

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

$0$125K$250KBefore this chart — 2001: Sold $105K2022: Sold $95K$215K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Traded 2×: $105K in 2001 → $95K in 2022 (-10%).

  1. 2001 $105KSold
  2. 2022 $95KSold

Flags: active rental license · $1 recorded in the June 2022 delinquency snapshot — verify current balance · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

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

Stories
2
Interior
3,204 sqft
livable area
Lot
3,600 sqft
Garage
3 spaces
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Zoning
RSA5
city zoning code

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

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.

Assessment frozen for a decade

The assessed value hasn't moved once in 12 years of records while the city around it repriced. That usually means the parcel is falling through the reassessment process, not that its value is flat.

Run the numbers

What owning 2409-11 E Ann 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.

$215K
20%
6.875%
$700/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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.

Block context

2409-11 E Ann St sits on the 2400 block of E Ann St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2413 E Ann St  ·  2403 E Ann St

Where this comes from

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)