Sold
Last Sold Price
8,530 sqft

3915 Ridge Ave, Philadelphia, PA 19132

Multi FamilyProperty Type
0.07 acresLot Size
2022Year Built
$252/sq ftPrice per sq ft

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.
  • Listed by: Ryan J McManus 610.606.1095 ryan@agentphl.com • Compass Pennsylvania, LLC
Listing closed: 10/14/2022 12:00 AM • Source: BRIGHT, MLS#: PAPH2146728
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Compass Pennsylvania, LLC

Sold By Realty Xpress

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$11,502 per month

30 year fixed, 7.03% Interest

Principal and Interest

$11,478

Property Taxes

$24

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 3915 Ridge Avenue

Property Details

  • Taxes: $285 / year
  • MLS Type: Multi-Family / Fee Simple
  • 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

Building Information

  • Residences: 4
  • Year Built: 2022
  • Lot Size: 0.07 AC / 3,149 SF

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

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

3915 Ridge Avenue

Total Finished SqFt

8,550 SqFt

Above Grade Finished SqFt

8,550 SqFt

Stories

3

Lot Size

3,149 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

2022

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

Similar Homes

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.