NOT LISTED FOR SALE

1608 12 Ridge Ave Unit 402 Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $270,000 - $287,766

2 Beds
1 Bath
910 Sq Ft
$300/mo HOA Fee

Last Sold March 25, 2024

Last sale price $250,000 $275 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,831/month

276 Days on Market

Highlights

  • Contemporary Architecture
  • Entrance Foyer
  • Property is in very good condition
  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Francisville Recreation Center

About This Home

As of March 2024

This fabulous 2 bedroom, 1 bathroom apartment home is a top floor unit with a private balcony, is located in the heart of Francisville and surrounded by new construction. Close to The Met, Bar Hygge, Rybread, Osteria, public transportation, parks, Temple University, and more. Gorgeous, next-generation laminate flooring flows seamlessly throughout the open-concept living area. The space is perfect for entertaining. Enjoy a modern kitchen boasting espresso flat-panel cabinets, white quartz countertops, gray subway tile backsplash, a center island with seating, and stainless steel appliances. There are two, good-sized bedrooms both with neutral carpeting and plenty of closet space. The rooms share a full bathroom with tile flooring and a tub/shower with tile surround. Washer and dryer are conveniently located in the unit. For a limited time, and with an acceptable agreement of sale, seller will pay six months of HOA fees.

Last Agent to Sell the Property

Tom Dilsheimer

(610) 389-1482 tomdils@compass.com Compass RE License #RS222491L Listed on: 05/16/2023

Compass RE

Last Buyer's Agent

Joseph Hunt

(215) 607-6007 josephhunt@kw.com KW Empower

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $351

Year Built

  • Built in 2016

Lot Details

  • 566

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Masonry

Interior Spaces

  • 910 Sq Ft Home
  • Property has 1 Level
  • Entrance Foyer
  • Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property is in very good condition
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 881442490

Community Details

Overview

  • $600 Capital Contribution Fee
  • Low-Rise Condominium
  • Francisville Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$351

Year Built

Built in 2016

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: Yes
  • Remarks Public: This fabulous 2 bedroom, 1 bathroom apartment home is a top floor unit with a private balcony, is located in the heart of Francisville and surrounded by new construction. Close to The Met, Bar Hygge, Rybread, Osteria, public transportation, parks, Temple University, and more. Gorgeous, next-generation laminate flooring flows seamlessly throughout the open-concept living area. The space is perfect for entertaining. Enjoy a modern kitchen boasting espresso flat-panel cabinets, white quartz countertops, gray subway tile backsplash, a center island with seating, and stainless steel appliances. There are two, good-sized bedrooms both with neutral carpeting and plenty of closet space. The rooms share a full bathroom with tile flooring and a tub/shower with tile surround. Washer and dryer are conveniently located in the unit. For a limited time, and with an acceptable agreement of sale, seller will pay six months of HOA fees.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Laminate Plank
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 302.20
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1608

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 600.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 54.00 x 127.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: CMX25

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 351.28
  • Assessor Parcel Number: 881442490
  • Tax Year: 2022
  • Close Date: 03/25/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Mar 4, 2024
Sold by
Fndc How Properties Lp
Bought by
Smith Khafren
Seller's Agent
Tom Dilsheimer
Compass RE
Buyer's Agent
Joseph Hunt
KW Empower
List Price
$290,000
Sold Price
$250,000
Premium/Discount to List
-$40,000
-13.79%
Views
290
Current Estimated Value
$278,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,883
Avg. Annual Appreciation
7.21%
Original Mortgage
$212,500
Outstanding Balance
$208,972
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$69,911
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Khafren $260,000 World Wide Land Transfer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Khafren $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $250,000 -9.1% $275 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $275,000 -3.5% $302 / Sq Ft
07/10/2023 07/10/23 Price Changed $285,000 -1.7% $313 / Sq Ft
05/16/2023 05/16/23 For Sale $290,000 -- $319 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $676 $243,000 $48,600 $194,400
2024 $676 $243,000 $48,600 $194,400
Source: Public Records

Agents Affiliated with this Home

  • Tom Dilsheimer

    Seller's Agent in 2024

    Tom Dilsheimer

    Compass RE

    (610) 389-1482

    23 in this area

    143 Total Sales

    Tom Dilsheimer
    Section Image
  • Joseph Hunt

    Buyer's Agent in 2024

    Joseph Hunt

    KW Empower

    (215) 607-6007

    2 in this area

    34 Total Sales

    Joseph Hunt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2236414

Bright MLS

APN: 151000039

Pennsylvania Philadelphia County Philadelphia 19130 Fairmount

1608 12 Ridge Ave Unit 402, Philadelphia, PA

This home is located at 1608 12 Ridge Ave Unit 402, Philadelphia, PA 19130 since 16 May 2023 and is currently estimated at $278,883, approximately $306 per square foot. This property was built in 2016. 1608 12 Ridge Ave Unit 402 is a home located in Philadelphia County with nearby schools including Laura Wheeler Waring Public School, Benjamin Franklin High School, and People For People Charter School.

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