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1604 Ridge Avenue

1604 Ridge Avenue, Philadelphia, PA 19130
1 Units For Sale
Unit for sale at 1604 RIDGE AVE, PHILADELPHIA, PA 19130

$799,900

  • Studio
1604 RIDGE AVE, PHILADELPHIA, PA 19130 Listing by Bryant Jones

Local assessors in Philadelphia, PA have categorized 1604 Ridge Avenue as a commercial type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 1,466 square feet. The linear feet between the front and back of the lot was measured at 760 ft and the front of the lot was measured at 190 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1604 Ridge Avenue has a total of 2,899 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. 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, 1604 Ridge Avenue sold most recently in Jul 21, 2014 for a total of $200,000. If you work out the math, that's approximately a cost of $68.99 per sqft. 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 $5,960 in taxes each year. 1604 Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $317,000. If we break it down further, the land itself was valued at $63,400. Improvements to the property, however, were assessed at a total of $253,600. 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

Exterior

Masonry Exterior

Accessibility

ADA Access
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210326
03/26/2021
Loft
-
-
$799,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Business/Commerical Units Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,466
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 190
  • Total Building Area: 2,899
  • Gross Building Area: 2,899
  • Building Area: 2,899
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,899
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Land Acres: 0.034
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 349 3/4 W OF 16 ST

Ownership

  • Current Owner : MITCHELL RENA ASHA
  • Previous Owner : VEAL DEWITT

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: 007N070102
  • Account Number: 088150
  • District: WARD #15
  • Parcel: 87-1088150
  • Block: 7M7
  • Lot: 102
  • Municipality: PHILADELPHIA
  • Latitude: 39.9691
  • Longitude: -75.1636

    Address

  • Full Address: 1604 Ridge Ave
  • Address - House Number: 1604
  • 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: $5,960
  • Tax Rate Code Area: 15

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: FREEDOM CU
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 27, 2051

    Market Valuation

  • Market Total Value: $317,000
  • Market Land Value: $63,400
  • Market Improvement Value: $253,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,000
  • Assessed Land Value: $63,400
  • Assessed Improvements Value: $253,600

    Sales

  • Current Sale Contract Date: Jul 21, 2014
  • Current Sale Recording Date: Jul 25, 2014
  • Current Sale Transaction ID: 1096790021
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52809182

    Last Sale Mortgage

  • First Mortgage Lender: NORTH PHILADELPHIA FINANCIAL P
  • First Mortgage Transaction Date: Jul 25, 2014
  • First Mortgage Loan Amount: $174,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 1604 Ridge Avenue located in?
The 1604 Ridge Avenue is a commercial located in the neighborhood of Fairmount - Art Museum in North Philadelphia, Philadelphia.
How many listings are currently for sale in 1604 Ridge Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1604 Ridge Avenue?
The average sales price for units in 1604 Ridge Avenue is $799,900 currently.

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