NOT LISTED FOR SALE

1824 Ridge Ave Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $659,000 - $1,095,000

-- Bed
-- Bath
-- Sq Ft
1,844 Sq Ft Lot

Last Sold November 19, 2019

Last sale price $796,500

Est. 15% decrease in value since last sale

Current estimated payment $3,588/month

Highlights

  • Contemporary Architecture
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System
  • No HOA
  • Brick Front
  • 4-minute walk to Ogden Park

About This Home

As of November 2019

1824 Ridge Ave is a newly constructed apartment. 3 (2 bedroom/2 bath) units with a commercial unit space on the ground level. located along the booming Ridge Avenue Commercial Corridor in francisville! This offering presents a very desirable unit mix with nicely appointed features and spacious units. The listing is offered at a 7% cap rate with full ten year tax abatement pending.

Last Agent to Sell the Property

Stephen Stafford

(609) 335-4016 stephen@thestaffordgroupphl.com SDG Management, LLC License #RM424801 Listed on: 09/23/2019

Co-Listed By

Sean Doyle

(610) 822-3356 seandoyle@kw.com KW Empower

Last Buyer's Agent

Mike Chen

(215) 820-1621 mcmaxrealtor@gmail.com Home Max Realty License #RM424964

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $176

Year Built

  • Built in 2019

Lot Details

  • 1,844 Sq Ft Lot
  • Lot Dimensions are 18.64 x 98.95

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Brick Front

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 471270710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$176

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2019
  • Special Features: None
  • Stories: 0

Interior Features

  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • 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: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.64 x 98.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1844.00
  • Zoning: CMX2.

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 97.00
  • Tax Annual Amount: 176.00
  • Assessor Parcel Number: 471270710
  • Tax Lot: 108
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 19, 2019
Sold by
Celia2008 Llc
Bought by
Zheng Hui and Zheng Feng
Seller's Agent
Stephen Stafford
SDG Management, LLC
Buyer's Agent
Mike Chen
Home Max Realty
List Price
$875,000
Sold Price
$796,500
Premium/Discount to List
-$78,500
-8.97%
Current Estimated Value
$679,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,272
Avg. Annual Appreciation
1.83%
Original Mortgage
$594,000
Outstanding Balance
$521,434
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,140

Purchase Details

Closed on
Dec 12, 2017
Sold by
Philadelphia Land Bank
Bought by
Celia2008 Llc

Purchase Details

Closed on
Jun 23, 1967
Bought by
City Of Phila
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zheng Hui $793,000 Colony Abstract Co Inc
Celia2008 Llc $175,000 None Available
City Of Phila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Hui $594,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $796,500 -9.0% --
09/23/2019 09/23/19 For Sale $875,000 -- --
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
2026 $176 $321,900 $321,900 --
2025 $176 $321,900 $321,900 --
2024 $176 $321,900 $321,900 --
2023 $176 $12,600 $12,600 $0
2022 $176 $12,600 $12,600 $0
2021 $176 $0 $0 $0
2020 $176 $0 $0 $0
2019 $176 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $12,600 $12,600 $0
2012 -- $8,864 $8,864 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Stafford

    Seller's Agent in 2019

    Stephen Stafford

    SDG Management, LLC

    (609) 335-4016

    1 in this area

    54 Total Sales

    Stephen Stafford
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sean Doyle

    KW Empower

    (610) 822-3356

    4 Total Sales

    Sean Doyle
    Section Image
  • Mike Chen

    Buyer's Agent in 2019

    Mike Chen

    Home Max Realty

    (215) 820-1621

    136 Total Sales

    Mike Chen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH836056

Bright MLS

APN: 471270710

Pennsylvania Philadelphia County Philadelphia 19121 Fairmount

1824 Ridge Ave, Philadelphia, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes