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2402 Ridge Avenue

2402 Ridge Avenue, Philadelphia, PA 19121
Local assessors in Philadelphia, PA have categorized 2402 Ridge Avenue as a commercial type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 1,440 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 2402 Ridge Avenue has a total of 3,200 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 fair. 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. 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, 2402 Ridge Avenue sold most recently in Dec 10, 2018 for a total of $65,000. If you work out the math, that's approximately a cost of $20.31 per sqft. Before that, the property was also sold for $20,000 in Aug 16, 2018. 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 $1,652 in taxes each year. The initial year of tax delinquency occurred in 2021. 2402 Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,000. If we break it down further, the land itself was valued at $23,600. Improvements to the property, however, were assessed at a total of $94,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior
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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,440
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 180
  • Total Building Area: 3,200
  • Gross Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Land Acres: 0.033
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 135 1/8 W OF 24TH

Ownership

  • Current Owner : RIDGE 2402 LLC
  • Previous Owner : BREWERYTOWN BUILDERS LLC
  • Owner Before Previous Owner: DAVIS LEONARD
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 16, 2024

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 014900

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 014N120282
  • Account Number: 131900
  • District: WARD #29
  • Parcel: 87-1131900
  • Block: 14N12
  • Lot: 282
  • Municipality: PHILADELPHIA
  • Latitude: 39.9816
  • Longitude: -75.1741

    Address

  • Full Address: 2402 Ridge Ave
  • Address - House Number: 2402
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C019
  • 4-Digit Zip Code: 2909
  • Zip Code: 19121

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,652
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 29

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: BTC GTP SPV LP
  • First Open Lien Mortgage Recording Date: Dec 29, 2022
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $118,000
  • Market Land Value: $23,600
  • Market Improvement Value: $94,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,000
  • Assessed Land Value: $23,600
  • Assessed Improvements Value: $94,400

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Transaction ID: 11544027216
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53456015
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 2402 Ridge Avenue located in?
The 2402 Ridge Avenue is a commercial located in the neighborhood of North Philadelphia West in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2402 Ridge Avenue?
The average sales price for units in 2402 Ridge Avenue is $0 currently.

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