NOT LISTED FOR SALE

Estimated Value: $139,956 - $145,000

-- Bed
-- Bath
1,752 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $80,000 $46 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $829/month

20 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of June 2017

Will you be the one to capitalize on this rare opportunity? Are you the one with the plan and the vision to develop this untapped area? Ridge Avenue is currently a bustling commercial district waiting for a little elevation. Here is an opportunity to acquire FIVE ADJACENT parcels and become the pioneer this section of our City needs. This ground-breaking package includes: 2909 & 2911 (vacant lots), 2913-15 (2 and 3 story multifamily), and 2917 (2 story multifamily). Development is inevitable ? be among the first. *List price is for the entire package.*

Last Agent to Sell the Property

Christina Briglia

KW Empower Listed on: 02/28/2017

KW Empower

Last Buyer's Agent

Christina Briglia

KW Empower Listed on: 02/28/2017

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1915

Lot Details

  • 1,555 Sq Ft Lot
  • Lot Dimensions are 18x95

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,752 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 882015030

Community Details

Overview

  • No Home Owners Association
  • Strawberry Mansion Subdivision

Building Details

  • Operating Expense $515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$515

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Will you be the one to capitalize on this rare opportunity? Are you the one with the plan and the vision to develop this untapped area? Ridge Avenue is currently a bustling commercial district waiting for a little elevation. Here is an opportunity to acquire FIVE ADJACENT parcels and become the pioneer this section of our City needs. This ground-breaking package includes: 2909 & 2911 (vacant lots), 2913-15 (2 and 3 story multifamily), and 2917 (2 story multifamily). Development is inevitable ? be among the first. *List price is for the entire package.*
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 122.72
  • Above Grade Finished Sq Ft: 1752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2917

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1555.00
  • Property Attached Yn: Yes
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 515.00
  • Assessor Parcel Number: 882015030
  • Tax Lot: 36
  • Tax Year: 2017
  • Close Date: 06/09/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Jun 15, 2017
Sold by
Ko Christopher and Ko Hea Y
Bought by
2917 Ridge Avenue Limited Liability Comp
Seller's Agent
Christina Briglia
KW Empower
Buyer's Agent
Christina Briglia
KW Empower
List Price
$215,000
Sold Price
$80,000
Premium/Discount to List
-$135,000
-62.79%
Current Estimated Value
$142,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,478
Avg. Annual Appreciation
7.15%
Original Mortgage
$165,000
Outstanding Balance
$138,878
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,251
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
2917 Ridge Avenue Limited Liability Comp $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2917 Ridge Avenue Limited Liability Comp $165,000
Closed Ridge Avenue Limited Libility Company $165,000
Closed 2917 Ridge Avenue Llc $190,000
Closed Ridge Avenue Limited Liability Company $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $80,000 0.0% $46 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
03/20/2017 03/20/17 Off Market $80,000 -- --
02/28/2017 02/28/17 For Sale $215,000 -- $123 / 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 $630 $49,200 $9,840 $39,360
2024 $630 $49,200 $9,840 $39,360
2023 $630 $45,000 $9,004 $35,996
2022 $577 $45,000 $9,004 $35,996
2021 $577 $0 $0 $0
2020 $577 $0 $0 $0
2019 $573 $0 $0 $0
2018 $571 $0 $0 $0
2017 $515 $0 $0 $0
2016 $467 $0 $0 $0
2015 $493 $0 $0 $0
2014 -- $36,800 $17,100 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003226657

Bright MLS

APN: 882015030