NOT LISTED FOR SALE

3007 Ridge Ave Philadelphia, PA 19121

Strawberry Mansion Neighborhood

Estimated Value: $80,000 - $719,000

-- Bed
-- Bath
3,094 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $600,000 $194 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,427/month

Highlights

  • New Construction
  • No HOA
  • Central Heating and Cooling System
  • Straight Thru Architecture
  • Brick Front
  • Property is in excellent condition

About This Home

As of November 2021

Introducing 3007 Ridge Avenue! Walk-up duplex featuring three (3) bedroom, three (3) bath units on the rapidly redeveloping Ridge Avenue corridor. Upper unit features private roof deck, expectant rent of $2,000 per month, with current market value of $320,000. Lower unit features private back patio, expectant rent of $1850, with current market value of $280,000. Ten (10) year property tax abatement. Opportunity Zone. Convenient to transit and Fairmount Park.

Last Agent to Sell the Property

Scott Frith

(215) 738-5737 scott.frith@compass.com Compass RE Listed on: 09/14/2021

Compass RE

Last Buyer's Agent

David Snyder

(215) 607-6007 david@centercitylistings.com KW Empower License #RS223144L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Lot Details

  • 1,005 Sq Ft Lot
  • Lot Dimensions are 15.00 x 67.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • New Construction
  • Duplex
  • Straight Thru Architecture
  • Frame Construction
  • Fiberglass Roof
  • Brick Front
  • Concrete Perimeter Foundation

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 408
  • Assessor Parcel Number 323047105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: Yes
  • Expected On Market: 2021-11-10
  • Automatically Close On Close Date: No
  • Special Features: NewHome

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3094
  • Living Area Sq Ft: 3094
  • Price Per Sq Ft: 256.37
  • Above Grade Finished Sq Ft: 2340
  • Below Grade Finished Sq Ft: 754
  • Total Below Grade Sq Ft: 754
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick Front
  • Construction Completed: No
  • Roof: Fiberglass
  • 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: Central
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 6300.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1005.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1076086
  • School Tax: 48.00
  • Tax Annual Amount: 88.00
  • Assessor Parcel Number: 323047105
  • Tax Lot: 408
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 13, 2021
Sold by
Warwick Holdings Llc
Bought by
Gillis Kevin
Seller's Agent
Scott Frith
Compass RE
Buyer's Agent
David Snyder
KW Empower
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$453,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,579
Avg. Annual Appreciation
-6.85%
Original Mortgage
$561,710
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 20, 2019
Sold by
Muhammad Suerwedien
Bought by
Warwick Holdings Llc
Seller's Agent
Maria Quattrone
RE/MAX @ HOME
Buyer's Agent
Maria Quattrone
RE/MAX @ HOME
List Price
$45,000
Sold Price
$40,500
Premium/Discount to List
-$4,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.36%
Original Mortgage
$105,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2016
Sold by
The Beer Fountain Incorporated
Bought by
Muhammad Suetwedien
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gillis Kevin $600,000 None Listed On Document
Warwick Holdings Llc $105,000 Olde City Abstract Inc
Muhammad Suetwedien $6,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillis Kevin $561,710
Previous Owner Warwick Holdings Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $600,000 0.0% $194 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $599,900 +1381.2% $194 / Sq Ft
09/13/2019 09/13/19 Sold $40,500 -10.0% -- View Prior Sale
08/03/2019 08/03/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $45,000 +50.0% --
12/08/2017 12/08/17 Sold $30,000 0.0% -- View Prior Sale
12/05/2017 12/05/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $30,000 -14.3% --
08/01/2017 08/01/17 Price Changed $35,000 -12.5% --
06/20/2017 06/20/17 For Sale $40,000 -- --
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
2025 $637 $49,300 $49,300 --
2024 $637 $49,300 $49,300 --
2023 $637 $45,500 $45,500 $0
2022 $88 $45,500 $45,500 $0
2021 $88 $0 $0 $0
2020 $88 $0 $0 $0
2019 $88 $0 $0 $0
2018 $88 $0 $0 $0
2017 $88 $0 $0 $0
2016 $88 $0 $0 $0
2015 $84 $0 $0 $0
2014 -- $6,300 $6,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Frith

    Seller's Agent in 2021

    Scott Frith

    Compass RE

    (215) 738-5737

    19 in this area

    261 Total Sales

    Scott Frith
    Section Image
  • David Snyder

    Buyer's Agent in 2021

    David Snyder

    KW Empower

    (215) 607-6007

    10 in this area

    860 Total Sales

    David Snyder
    Section Image
  • Giang Emerich

    Buyer Co-Listing Agent in 2021

    Giang Emerich

    Mercury Real Estate Group

    (267) 334-5720

    1 in this area

    76 Total Sales

    Giang Emerich
    Section Image
  • Maria Quattrone

    Seller's Agent in 2019

    Maria Quattrone

    RE/MAX

    (215) 607-3535

    10 in this area

    504 Total Sales

    Maria Quattrone
    Section Image
  • Gianna Ginnetti

    Seller's Agent in 2017

    Gianna Ginnetti

    KW Empower

    (267) 236-3900

    55 Total Sales

    Gianna Ginnetti
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2003358

Bright MLS

APN: 323047105

Pennsylvania Philadelphia County Philadelphia 19121 Strawberry Mansion

3007 Ridge Ave, Philadelphia, PA

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