Last Sold Price
8,530 sqft$252/sqft
3915 Ridge Ave, Philadelphia, PA 19132

Description

Ridge Park Flats is a turnkey new construction apartment building overlooking Fairmount Park in the bucolic East Falls submarket of Philadelphia, Pennsylvania. Six (6) 2-bedroom units and two (2) 1-bedroom units. Fully-leased, brand new boutique multifamily asset with full 10yr tax abatement in a rapidly growing submarket just outside of downtown Philly with easy connections to the Greater Philadelphia suburbs and employment centers via train or expressway(s). Rental upside and asset appreciation...Ridge Park Flats is a turnkey new construction apartment building overlooking Fairmount Park in the bucolic East Falls submarket of Philadelphia, Pennsylvania. Six (6) 2-bedroom units and two (2) 1-bedroom units. Fully-leased, brand new boutique multifamily asset with full 10yr tax abatement in a rapidly growing submarket just outside of downtown Philly with easy connections to the Greater Philadelphia suburbs and employment centers via train or expressway(s). Rental upside and asset appreciation predicted for years to come, as new developments are breaking ground at a furious pace in this highly desirable NW PHL submarket. Ease of operation, low maintenance and minimal expenses. Enquire within for financials.
LISTING CLOSED: 10/14/2022 12:00 AM

  1. Listed by Ryan J McManus • Compass Pennsylvania, LLC
    P: (610) 606-1095 ryan@agentphl.com

Property Details for 3915 Ridge Avenue

Status
MLS #
PAPH2146728
Days on Market
16
Taxes
$285 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
2022
Lot Size
0.07 AC / 3,149 SF
Tax ID Number
382243300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
EAST FALLS
Subdivision
EAST FALLS (PHILADELPHIA PA)
Cross Street
ALLEGHENY
Municipality
PHILADELPHIA
Total Parking Spaces
0
Central Air
Yes
Above Grade Finished SQFT
8,530.00
Above Grade Fin SQFT Source
Estimated
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
Yes
Construction Completed
No
Property Condition
Excellent

Recent comparable sales

Median sold price

$1,750,000

Avg days on market

82

Sale-to-list ratio

90.3%

Philadelphia, PA

9 comparable properties found

1

$2,000,000

Sold 12/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
9,000
Square Feet
0.24
Acres
a car parked in front of a big house
1/23
2

$1,750,000

Sold 01/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
6,930
Square Feet
0.06
Acres
3

$1,775,000

Sold 12/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
9,000
Square Feet
0.07
Acres
4

$1,760,000

Sold 04/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
9,645
Square Feet
0.10
Acres
$754,000 | 723 Church Lane, Philadelphia, PA 19144
1/2
5

$754,000

Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
8,485
Square Feet
0.52
Acres
6

$1,750,000

Sold 01/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
7,492
Square Feet
0.06
Acres
a car parked in front of a house
1/45
7

$665,000

Sold 03/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,216
Square Feet
0.17
Acres
a front view of a building
1/6
8

$365,625

Sold 04/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,459
Square Feet
0.03
Acres
$590,000 | 4245 Ridge Avenue, Philadelphia, PA 19129
1/21
9

$590,000

Sold 12/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,000
Square Feet
0.04
Acres

Location

Listing Courtesy of Compass Pennsylvania, LLC

Sold By Realty Xpress

Add your commute

Building Information for 3915 Ridge Avenue

Stories-Residences4Year Built2022Building Size-Lot Size0.07 AC / 3,149 SF

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Principal and Interest

$10,928

Property Taxes

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HOA Dues

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Property Information for 3915 Ridge Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19132 (19132)
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: 2022
  • Tax Assessed Value: $20,400
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $128
  • Land Assessed Value: $20,400
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RSA5
  • Tax Lot: 63
  • School Tax: $156
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 6
  • Three Bedroom Units Count: 0
  • Units Leased Count: 8
  • Number Of Units Vacant: 0
  • Rent Control: No
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 125.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 25288625
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 3915 Ridge Avenue

DateEvent & SourcePriceAppreciation
Oct 14, 2022

Closed

BRIGHT #PAPH2146728

$2,150,000
Oct 11, 2022

Closed (Public Record)

Public Record #1499338804

$2,150,000

+105.1% / yr

Aug 12, 2022

Pending

BRIGHT #PAPH2146728

DateEvent & SourcePrice
10/14/2022

Closed

BRIGHT #PAPH2146728

$2,150,000
10/11/2022

Closed (Public Record)

Public Record #1499338804

$2,150,000

+105.1% / yr

08/12/2022

Pending

BRIGHT #PAPH2146728

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

Public Records for 3915 Ridge Avenue

Taxable ValueLand$110,800Additions$998,000Total$1,108,800
Tax Record2026$1,618 ($135 / month)
Home Facts
Total Finished SqFt8,550 SqFtAbove Grade Finished SqFt8,550 SqFtStories3Lot Size3,149 SqFtStyleMulti-Family Res (5+ Units)Year Built2022Year Renovated2022ZoningRSA5CountyPHILADELPHIAAPN88-1000281

Schools near 3915 Ridge Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rhodes E Washington School
PublicK to 8

Strawberry Mansion High School
Public9 to 12

Randolph Technical High School
Public9 to 12

Dobbins Avt High School
Public9 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 Compass Pennsylvania, 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.