NOT LISTED FOR SALE

402 E Ridley Ave Ridley Park, PA 19078

Estimated Value: $365,000 - $469,000

Studio
3 Baths
3,129 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $369,000 $118 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,843/month

263 Days on Market

Highlights

  • Victorian Architecture
  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • 1 Fireplace
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to ABC Field

About This Home

As of October 2024

Back on the market after buyer's financing fell through. Excellent opportunity to own a fully rented Victorian triplex in a beautiful residential setting in Ridley Park. Each unit features two bedrooms, one bathroom, full kitchen, and large living room. First floor unit features a wrap around porch and sunroom. Detached one car garage is currently rented for $100/month. Great opportunity to house hack or increase rent with a new tenant. Conveniently located near Taylor Hospital, Restaurants, Shopping, Major Roads and a short walk to the Train Station and Downtown.

Last Agent to Sell the Property

Lisie Abrams

(610) 822-3356 kenenochs@compass.com Compass RE License #RS316531 Listed on: 01/05/2024

Compass RE

Last Buyer's Agent

Max Prezio

(610) 566-5182 max@campbellgerrard.com CG Realty, LLC License #RS361142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,115

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,129 Sq Ft Home
  • 1 Fireplace

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 607-000
  • Assessor Parcel Number 37-00-01685-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,115

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-01-05
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Total Sq Ft: 3129
  • Living Area Sq Ft: 3129
  • Price Per Sq Ft: 117.93
  • Above Grade Finished Sq Ft: 3129
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Zoning: R

Rental Info

  • Total Actual Rent: 51600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 7241.00
  • Tax Annual Amount: 8115.00
  • Assessor Parcel Number: 37-00-01685-00
  • Tax Lot: 607-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Nov 1, 2024
Sold by
Polaris Residential Properties Lp
Bought by
In-Town Rentals Ridley Park Llc
Seller's Agent
Lisie Abrams
Compass RE
Buyer's Agent
Max Prezio
CG Realty, LLC
List Price
$460,000
Sold Price
$369,000
Premium/Discount to List
-$91,000
-19.78%
Views
346
Current Estimated Value
$396,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,339
Avg. Annual Appreciation
5.40%
Original Mortgage
$295,200
Outstanding Balance
$292,239
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$104,100

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jul 26, 2017
Sold by
Sampona Tiffany Anne and Burger Tiffany Anne
Bought by
Polaris Residential Properties Lp
Seller's Agent
Deborah Phipps
Empower Real Estate, LLC
Buyer's Agent
Barb Newman
Keller Williams Real Estate - Media
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$210,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 26, 2014
Sold by
Principle Partners Victorians Lp
Bought by
Sampona Tiffany Anne
Seller's Agent
Branka Saula
KW Greater West Chester
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$245,471
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2010
Sold by
Aivazoglou Ioannis A and Mikropoulos Konstantinos I
Bought by
Principle Partners Victorians Lp

Purchase Details

Closed on
May 24, 2006
Sold by
Castelino Carmen J
Bought by
Alvazoglou Ioannis A and Mikropoulos Konstantinos I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
In-Town Rentals Ridley Park Llc $369,000 None Listed On Document
Polaris Residential Properties Lp $280,000 None Available
Sampona Tiffany Anne $250,000 None Available
Principle Partners Victorians Lp $300,000 None Available
Alvazoglou Ioannis A $242,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open In-Town Rentals Ridley Park Llc $295,200
Previous Owner Polaris Residential Properties Lp $210,000
Previous Owner Sampona Tiffany Anne $245,471
Previous Owner Alvazoglou Ioannis A $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $369,000 0.0% $118 / Sq Ft
09/13/2024 09/13/24 Price Changed $369,000 -11.1% $118 / Sq Ft
08/14/2024 08/14/24 Price Changed $414,900 +4.0% $133 / Sq Ft
02/20/2024 02/20/24 Price Changed $399,000 -13.3% $128 / Sq Ft
01/05/2024 01/05/24 For Sale $460,000 +64.3% $147 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
05/12/2017 05/12/17 Off Market $280,000 -- --
05/02/2017 05/02/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $310,000 -4.6% $99 / Sq Ft
04/11/2017 04/11/17 For Sale $325,000 +30.0% $104 / Sq Ft
09/26/2014 09/26/14 Sold $250,000 -7.4% $80 / Sq Ft View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $270,000 -- $86 / Sq Ft
Source: Bright MLS

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 $9,631 $277,360 $62,900 $214,460
2024 $9,631 $277,360 $62,900 $214,460
2023 $9,208 $277,360 $62,900 $214,460
2022 $8,857 $277,360 $62,900 $214,460
2021 $13,654 $277,360 $62,900 $214,460
2020 $7,001 $124,350 $38,660 $85,690
2019 $6,868 $124,350 $38,660 $85,690
2018 $6,670 $124,350 $0 $0
2017 $6,670 $124,350 $0 $0
2016 $682 $124,350 $0 $0
2015 $682 $124,350 $0 $0
2014 $682 $124,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2059114

Bright MLS

APN: 37-00-01685-00

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