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Map
$1,199,000
●
Townhouse -
For Sale
1602 RIDGE AVE
PHILADELPHIA, PA 19130
Studio
0 Bath
$5,888
Estimated Monthly
$0
HOA / Fees
About This Property
Extraordinary investment opportunity in booming Fairmount!
Ground-up new construction, over $103,000 in projected net annual
income, solid 8.75% cap rate. Estimated June 2024 completion.
Stunning curb appeal with custom corrugated stone, white brick,
Parisian wrought-iron Juliette balconies. Ground-floor bi-level
commercial space features 12' main-level ceilings and 8'
below-grade. Luxury 1-bedroom apartments offer 730 square feet of
brilliantly designed living space with exceptional storage and
magnificent natural light. Wide-plank white-oak flooring, expansive
living/dining areas, fabulous kitchens with elegant quartz
waterfall-edge surfaces, 9' islands with breakfast bar seating for
4, dual-tone custom cabinetry with custom brushed gold hardware,
Carrera marble backsplashes with gold inlay, oversized farmhouse
sinks, Samsung stainless appliance packages, designer chandeliers.
French doors open to custom Juliette balconies. Luxury bathrooms
with double-bowl floating vanities, roomy walk-in showers with
herringboned tile, chic wallpaper. Large walk-in laundry rooms,
spacious bedrooms with outstanding closet space and superb light.
Sprawling community roof deck with breathtaking skyline views.
Premium location less than 3 blocks to Fairmount Avenue.
Architectural plans available. 100% turn-key! Incredible
opportunity!
Unit Size
-
Days on Market
82 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Last updated: 3 months ago (Bright MLS #PAPH2318900)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 6, 2024 | Listed by Coldwell Banker Realty | $1,199,000 | |
Listed by Coldwell Banker Realty | |||
May 10, 2022 | Sold | $195,000 | |
Sold |
Property Highlights
Air Conditioning
With View
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Interior Features: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Double/Dual Staircase, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Stall Shower
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Water Heater
Flooring Type: Hardwood, Heavy Duty
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Basement Information
Has Basement
Fully Finished
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Construction Not Completed
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Roof: Fiberglass
Structure Type: Interior Row/Townhouse
Construction Materials: Stick Built, Stone, Brick Front
Outdoor Living Structures: Balcony, Deck(s), Roof
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 18.00 x 71.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $293,100
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $1,851
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $293,100
Tax Year: 2022
Tax Annual Amount: $4,102
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
3
Beds
3
Baths
1,970 ft²
$500/ft²
$985,000
May 17, 2023
$985,000
Aug 10, 2023
-
Sold
Townhouse
4
Beds
4
Baths
2,229 ft²
$522/ft²
$1,162,448
Jul 20, 2023
$1,162,448
Sep 15, 2023
-
Townhouse
3
Beds
5
Baths
2,693 ft²
$436/ft²
$1,175,000
Feb 10, 2020
$1,175,000
Jun 1, 2020
-
Sold
Townhouse
3
Beds
4
Baths
3,400 ft²
$294/ft²
$999,000
Oct 31, 2016
$999,000
Dec 15, 2016
-
Sold
Townhouse
3
Beds
4
Baths
3,600 ft²
$292/ft²
$1,050,000
Apr 19, 2019
$1,050,000
Aug 29, 2019
-
Sold
Townhouse
4
Beds
4
Baths
4,300 ft²
$255/ft²
$1,095,000
Mar 14, 2016
$1,095,000
May 27, 2016
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1602 Ridge Avenue
1602 Ridge Avenue, Philadelphia, PA 19130
- 1 Unit for Sale
About North Philadelphia
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