Last Sold Price
10,603 Lot Size0.24 Acres
2134 Ridge Ave, Philadelphia, PA 19121

Description

The site is 10,603 SF and zoned CMX 2. Current ownership has already consolidated the parcel. This new parcel configuration would allow 26 units by right with a green roof and between 32 and 39 units by using variations of the Mixed Income Housing Bonus. The buyer would be able to achieve 33 units over commercial and 19 parking spaces with moderate income housing bonus, these rental moderate income housing bonus rates are very near to market rents in the area and so they do not present much of a...The site is 10,603 SF and zoned CMX 2. Current ownership has already consolidated the parcel. This new parcel configuration would allow 26 units by right with a green roof and between 32 and 39 units by using variations of the Mixed Income Housing Bonus. The buyer would be able to achieve 33 units over commercial and 19 parking spaces with moderate income housing bonus, these rental moderate income housing bonus rates are very near to market rents in the area and so they do not present much of a hinderance. The buyer could; however, seek to do any amount of units they wish either through the variance process, or a different combination of bonuses and if they decided not to do mixed income bonuses the buyer can pay into Mixed income housing fund, parking is not required but we feel is a nice amenity to have for the area. The location is prime, rumor has it that this portion of the Ridge Avenue corridor will soon have it’s zoning designation changed to CMX3 as this is along a quickly developing commercial corridor near PHA’s new headquarters and presents an opportunity for significant upside.
LISTING CLOSED: 12/29/2021 12:00 AM

  1. Listed by Stephen D. Stafford • SDG Management, LLC
    P: (267) 318-7080 steve@stammdevelopment.com

Property Details for 2134 Ridge Avenue

Status
MLS #
PAPH2039794
Days on Market
16
Taxes
$512 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Fee Simple
Year Built
-
Lot Size
0.24 AC
Tax ID Number
291273610
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
Construction Completed
No

Recent comparable sales

Median sold price

$675,000

Avg days on market

68

Sale-to-list ratio

93.4%

[Philadelphia, PA]

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Location

Listing Courtesy of SDG Management, LLC

Sold By Compass Pennsylvania, LLC

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Building Information for 2134 Ridge Avenue

Lot Size0.24 AC

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$4,948 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,905

Property Taxes

$43

HOA Dues

$0

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Property Information for 2134 Ridge Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $36,600
  • Year Assessed: 2021
  • City Town Tax: $231
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: CMX2
  • Tax Lot: 25
  • School Tax: $281
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 184X94
  • Lot Dimensions Source: Estimated
  • Current Use: Vacant
  • Parcel ID: 1056722
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: Public Hook/Up Avail
Confidential Data
Listing Office

Property History for 2134 Ridge Avenue

DateEvent & SourcePriceAppreciation
Dec 29, 2021

Closed

BRIGHT #PAPH2039794

$965,000
Dec 21, 2021

Closed (Public Record)

Public Record #1486429183

$965,000
Nov 9, 2021

Pending

BRIGHT #PAPH2039794

DateEvent & SourcePrice
12/29/2021

Closed

BRIGHT #PAPH2039794

$965,000
12/21/2021

Closed (Public Record)

Public Record #1486429183

$965,000
11/09/2021

Pending

BRIGHT #PAPH2039794

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2134 Ridge Avenue

Taxable ValueLand$610,900Additions-Total$610,900
Tax Record2026$13,508 ($1,126 / month)
Home Facts
Beds0Lot Size10,603 SqFtStyleResidentialZoningCMX2CountyPHILADELPHIAAPN88-1146950

Schools near 2134 Ridge Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Strawberry Mansion High School
Public9 to 12

High School of Engineering & Science
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SDG Management, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.