NOT LISTED FOR SALE

2445 Ridge Ave Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $117,951

-- Bed
-- Bath
3,284 Sq Ft
$36/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $150,000 $46 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $781/month

30 Days on Market

About This Home

As of January 2024

Amazing Opportunity in a development zone in the Temple Vicinity!
Buyer to verify intended use. Formerly a Pharmacy with two 3BR upstairs apartments.
Once re-habbed, great income potential, in an up and coming area!
Property is in need of repairs and priced accordingly.

Last Agent to Sell the Property

Walter Hope

(215) 397-1683 sherlockthomes@aol.com Realty Mark Associates Listed on: 10/23/2023

Realty Mark Associates

Last Buyer's Agent

Leo Thomas

(215) 904-5400 lthomasinvestments@gmail.com Elite Level Realty License #RS328131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1915

Lot Details

  • 1,368 Sq Ft Lot
  • Lot Dimensions are 18.00 x 76.00

Parking

  • On-Street Parking

Home Design

  • 3,284 Sq Ft Home
  • Fixer Upper
  • Brick Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 871542240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,937

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 3284
  • Price Per Sq Ft: 56.30
  • Above Grade Finished Sq Ft: 3284
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2445

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

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

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1368.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: CMX2
  • Zoning Description: Mixed use opportunity, or possible residential opportunity. Buyer to verify intended use.

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1063.00
  • Tax Annual Amount: 1937.00
  • Assessor Parcel Number: 871542240
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 3284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/25/2024

Multi Family

  • Number Of Units Vacant: 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 25, 2024
Sold by
Onu Christiana
Bought by
Beyond Basic Holding Company Llc
Seller's Agent
Walter Hope
Realty Mark Associates
Buyer's Agent
Leo Thomas
Elite Level Realty
List Price
$225,000
Sold Price
$150,000
Premium/Discount to List
-$75,000
-33.33%
Views
17
Current Estimated Value
$117,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,049
Original Mortgage
$273,780
Outstanding Balance
$188,537
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Kim Moo W and Kim Bok S
Bought by
Onu Peter and Onu Christiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back
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
Beyond Basic Holding Company Llc $150,000 None Listed On Document
Onu Peter $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beyond Basic Holding Company Llc $273,780
Previous Owner Onu Peter $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $150,000 -18.9% $46 / Sq Ft
11/09/2023 11/09/23 Price Changed $184,900 -17.8% $56 / Sq Ft
10/23/2023 10/23/23 For Sale $225,000 -- $69 / 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
2026 $1,937 $162,100 $32,420 $129,680
2025 $1,937 $162,100 $32,420 $129,680
2024 $1,937 $162,100 $32,420 $129,680
2023 $1,937 $138,400 $27,600 $110,800
2022 $2,790 $138,400 $27,600 $110,800
2021 $2,790 $0 $0 $0
2020 $2,790 $0 $0 $0
2019 $2,763 $0 $0 $0
2018 $2,683 $0 $0 $0
2017 $2,040 $0 $0 $0
2016 $2,040 $0 $0 $0
2015 $1,952 $0 $0 $0
2014 -- $145,700 $9,207 $136,493
Source: Public Records

Agents Affiliated with this Home

  • Walter Hope

    Seller's Agent in 2024

    Walter Hope

    Realty Mark Associates

    (215) 397-1683

    1 in this area

    19 Total Sales

    Walter Hope
    Section Image

  • L

    Buyer's Agent in 2024

    Leo Thomas

    Elite Level Realty

    (215) 904-5400

    1 in this area

    18 Total Sales

    Leo Thomas
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2290366

Bright MLS

APN: 871542240

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

2445 Ridge Ave, Philadelphia, PA

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