Traded
Why it mattersTraded 2×: $9K in 2003 → $13K in 2015 (+44%).
View supporting records →House report
2461 N Garnet St
3 bd · 1 ba · 2 stories · 1,054 sqft · RSA5 · built 1925
Investor / LLC · assessed $44K · 2 licensed units · sold 2×. On the 2400 block of N Garnet St.
Property summary
Assessment$44KCity assessed value
Last sale$13KRecorded 2015
Est. annual tax$609/yearAssessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits0Dated events in report
ViolationsNone openNone open when assembled
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
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Question or correct this record
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What stands out
From the public recordMarked vacant, but licensed as a rental
Why it mattersThe assessor's condition code says vacant, while L&I shows an active rental license here. Both can't be current.
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.
2 units in RSA5, a single-family district
The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as 2 rents.
The last transfer was not a sale
The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)
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
Jdj Fund F LLC · corporate / LLC owner
• Tax bills mail to 4911 Princeton Ave, Philadelphia PA, 19135
• Holds an active rental license for this address
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
$44K
built 1925
Price / sq ft
$41
block $78 · below block
Appreciation
+184%
+10%/yr, city 6.5%
In 5 years (~2031)
~$44K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$609
1.4% effective
Jun 2022 tax snapshot
—
Gross yield
-18390804.6%
≈$-667M/mo rent
Times sold
2
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangePermit
The paper trail
TradedTraded 2×: $9K in 2003 → $13K in 2015 (+44%).
- 2003 $9KSold
- 2015 $13KSold
Flags: active rental license. 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.
Bedrooms
3
Bathrooms
1
Stories
2
Interior
1,054 sqft
livable area
Lot
676 sqft
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Vacant
city code 6
Vacant
Quality grade
C+
assessor's grade
ABCDE
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.
Marked vacant, but licensed as a rental
The assessor's condition code says vacant, while L&I shows an active rental license here. Both can't be current.
Run the numbers
What owning 2461 N Garnet St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.
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
2461 N Garnet St sits on the 2400 block of N Garnet St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2459 N Garnet St · 2463 N Garnet St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
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)