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1602 Ridge Avenue

1602 Ridge Avenue, Philadelphia, PA 19130
1 Units For Sale
Unit for sale at 1602 RIDGE AVE, PHILADELPHIA, PA 19130

$1,199,000

  • Studio
1602 RIDGE AVE, PHILADELPHIA, PA 19130 Listing by Matthew Greene

1602 Ridge Avenue in Philadelphia, PA was first built in 1920 and is 104 years old. This has been categorized as a unknown property type. There are a total of 3 floors. 1602 Ridge Avenue has 2,704 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 180 ft and the linear feet between the front and back of the lot is 710. In total, the area measurement of the land is 1,277 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of unknown. As for heating, the home is utilizing unknown. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1602 Ridge Avenue sold most recently in May 3, 2022 for a total of $195,000. If you work out the math, that's approximately a cost of $72.12 per sqft. Before that, the property was also sold for $22,500 in May 5, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,103 in taxes each year. The initial year of tax delinquency occurred in 2020. 1602 Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $293,100. If we break it down further, the land itself was valued at $58,620. Improvements to the property, however, were assessed at a total of $234,480. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Building Style

Contemporary

Condition

New Construction
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,277
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 180
  • Total Building Area: 2,704
  • Gross Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.029
  • Legal Description 1: 169 3/4 W OF 16TH ST

Ownership

  • Current Owner : MAS PROPERTIES II LLC
  • Previous Owner : TYREESE CLARK SR JARRELL
  • Owner Before Previous Owner: GALAXIE BAR CORP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 013300

Zoning

  • Zoning: CMX2.5

Geography

  • Assessors Map Reference: 007N070044
  • Account Number: 088100
  • District: WARD #15
  • Parcel: 87-1088100
  • Block: 7N70
  • Lot: 44
  • Municipality: PHILADELPHIA
  • Latitude: 39.9691
  • Longitude: -75.1636

    Address

  • Full Address: 1602 Ridge Ave
  • Address - House Number: 1602
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C029
  • 4-Digit Zip Code: 2116
  • Zip Code: 19130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,103
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 15

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,500
  • First Open Lien Mortgage Lender: PATCH LENDING LLC
  • First Open Lien Mortgage Recording Date: May 10, 2022
  • First Open Lien Mortgage Loan Amount: $679,500
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2024

    Market Valuation

  • Market Total Value: $293,100
  • Market Land Value: $58,620
  • Market Improvement Value: $234,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,100
  • Assessed Land Value: $58,620
  • Assessed Improvements Value: $234,480

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Transaction ID: 11887396434
  • Current Sale Price: $195,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 54038539
  • Previous Sale Recording Date: Jul 15, 1997
  • Previous Sale Contract Date: May 05, 1997
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PATCH LENDING LLC
  • First Mortgage Transaction Date: May 10, 2022
  • First Mortgage Loan Amount: $679,500
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2024

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 1602 Ridge Avenue located in?
The 1602 Ridge Avenue is a located in the neighborhood of Fairmount - Art Museum in North Philadelphia, Philadelphia.
How many listings are currently for sale in 1602 Ridge Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1602 Ridge Avenue?
The average sales price for units in 1602 Ridge Avenue is $1,199,000 currently.

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