NOT LISTED FOR SALE

265 Ridgeway Terrace Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $505,000 - $535,000

-- Bed
-- Bath
1,846 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $490,000 $265 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,112/month

96 Days on Market

About This Home

As of August 2022

Fully rented duplex for sale in a sought out Somerton section of Northeast. Duplex is fully renovated and cared for by tenants. It has too many features to list here. It's located within walking distance from Somerton plaza and Bustleton bus line. Tenants are willing to stay and 1st floor tenant is fine with rent being raised in order to stay in the unit. She has been there for years. This property can be a great addition to your investment portfolio or perfect for first time home buyer who can have part or all of their mortgage paid by 1 floor and live on the other. Come, take a look while it lasts.

Last Agent to Sell the Property

Anthony Zwick

Dan Realty License #RS304816 Listed on: 03/09/2022

Last Buyer's Agent

Max Chania

BHHS Fox & Roach-Jenkintown License #RS297557

BHHS Fox & Roach-Jenkintown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1970

Lot Details

  • 2,315 Sq Ft Lot
  • Lot Dimensions are 29.00 x 100.00

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • 1,846 Sq Ft Home
  • Duplex
  • AirLite
  • Block Foundation
  • Masonry

Schools

  • William H. Loesche Elementary School
  • Baldi Middle School
  • George Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 458
  • Assessor Parcel Number 582144600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: Fully rented duplex for sale in a sought out Somerton section of Northeast. Duplex is fully renovated and cared for by tenants. It has too many features to list here. It's located within walking distance from Somerton plaza and Bustleton bus line. Tenants are willing to stay and 1st floor tenant is fine with rent being raised in order to stay in the unit. She has been there for years. This property can be a great addition to your investment portfolio or perfect for first time home buyer who can have part or all of their mortgage paid by 1 floor and live on the other. Come, take a look while it lasts.
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1846
  • Living Area Sq Ft: 1846
  • Price Per Sq Ft: 278.98
  • Above Grade Finished Sq Ft: 1846
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 265

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: WILLIAM H. LOESCHE SCHOOL
  • Middle School: BALDI
  • High School: GEORGE WASHINGTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: WILLIAM H. LOESCHE SCHOOL
  • High School: GEORGE WASHINGTON
  • Middle Or Junior School: BALDI

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176470.00
  • Land Assessed Value: 75630.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 29.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2315.00
  • Year Assessed: 2022
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1309692
  • School Tax: 1936.00
  • Tax Annual Amount: 3528.00
  • Assessor Parcel Number: 582144600
  • Tax Lot: 458
  • Tax Total Finished Sq Ft: 1846
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/05/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Aug 3, 2022
Sold by
Boris Ayzenberg
Bought by
Gagievi Levant
Seller's Agent
Anthony Zwick
Dan Realty
Buyer's Agent
Max Chania
BHHS Fox & Roach-Jenkintown
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Current Estimated Value
$524,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,708
Avg. Annual Appreciation
1.42%
Original Mortgage
$478,021
Outstanding Balance
$462,698
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$48,858

Purchase Details

Closed on
Oct 10, 2008
Sold by
Weisgold Phyllis V
Bought by
Ayzenberg Boris
Source: Public Records

Range of Values:

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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
Gagievi Levant $490,000 None Listed On Document
Ayzenberg Boris $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gagievi Levant $478,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $490,000 -4.9% $265 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $515,000 -- $279 / 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 $3,925 $411,100 $82,200 $328,900
2024 $3,925 $411,100 $82,200 $328,900
2023 $3,925 $280,400 $56,080 $224,320
2022 $3,529 $280,400 $56,080 $224,320
2021 $3,529 $0 $0 $0
2020 $3,529 $0 $0 $0
2019 $3,323 $0 $0 $0
2018 $2,816 $0 $0 $0
2017 $2,816 $0 $0 $0
2016 $2,789 $0 $0 $0
2015 $19,659 $0 $0 $0
2014 -- $201,200 $64,429 $136,771
2012 -- $25,280 $1,973 $23,307
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anthony Zwick

    Dan Realty

    (215) 588-1991

    1 in this area

    19 Total Sales

    Anthony Zwick
    Section Image

  • M

    Buyer's Agent in 2022

    Max Chania

    BHHS Fox & Roach

    (215) 776-7093

    5 in this area

    54 Total Sales

    Max Chania
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2092182

Bright MLS

APN: 582144600

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

265 Ridgeway Terrace, Philadelphia, PA

This home is located at 265 Ridgeway Terrace, Philadelphia, PA 19116 since 09 March 2022 and is currently estimated at $524,708, approximately $284 per square foot. This property was built in 1970. 265 Ridgeway Terrace is a home located in Philadelphia County with nearby schools including Loesche William H School, CCA Baldi Middle School, and George Washington High School.

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