Public Records
Edition
Philadelphia1500 block of Ridge AveRecords pulled July 9, 2026

House report

1555 Ridge Ave

5 stories · 13,900 sqft · CMX2.5 · built 2019

Absentee individual · assessed $2.3M · sold 3×. On the 1500 block of Ridge Ave.

Street view of 1555 Ridge Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The tax bill is temporary

Today's $3,206/yr reflects a 10-year abatement. It jumps to about $32,067/yr in 2031 — $28,861/yr more. Price the full bill, not the current one.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$2.3M
built 2019
Price / sq ft
$165
block $228 · below block
Appreciation
+2412%
+34%/yr, city 6.5%
In 5 years (~2031)
~$2.3M
+34%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.14% effective, abated
Gross yield
Times sold
3
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$2.5M$5.0MBefore this chart — 2013: Demolished 2014: Land $240K2018: Land $460K 2018: Appeal granted with conditions2019: Suppression2020: Administrative2022: Change of Use 2022: Addition and/or Alteration 2022: New Construction 2022: Addition and/or Alterations 2022: Addition and/or Alteration2023: Addition and/or Alteration$2.3M201620222027
This houseBlock median & rangeLand buyPermit
The paper trail

Old house bought for $240K in 2014, demolished in 2013 and rebuilt (2019).

  1. 2013 DemolishedTeardown
  2. 2014 $240KLand buy
  3. 2018 $460KLand buyAppeal granted with conditionsZoning
  4. 2019 SuppressionPermit
  5. 2020 AdministrativePermit
  6. 2022 Change of UsePermitAddition and/or AlterationPermitNew ConstructionPermitAddition and/or AlterationsPermitAddition and/or AlterationPermit
  7. 2023 Addition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $3,206/yr under a 10-year tax abatement. In 2031 the bill reaches its full ~$32,067/yr — a step up of $28,861/yr, 4 assessment years out. Drag the slider.

2016: ~$1,277/yr2017: ~$1,277/yr2018: ~$1,277/yr2019: ~$1,929/yr2021: ~$2,167/yr2022: ~$2,167/yr2023: ~$3,576/yr2024: ~$3,576/yr2025: ~$3,218/yr2026: ~$3,218/yr2027: ~$3,206/yr2028: ~$3,206/yr (projected)2029: ~$3,206/yr (projected)2030: ~$3,206/yr (projected)2031: ~$32,067/yr (projected)2032: ~$32,067/yr (projected)201620312032
2027~$3,206/yrfrom the record

now: ($2,290,800 assessed − $2,061,767 abated) × 1.3998% ≈ $3,206/yr 2031: $2,290,800 assessed × 1.3998% ≈ $32,067/yr Flat 100% exemption (pre-2022 program, started 2021), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
5
Interior
13,900 sqft
livable area
Lot
2,232 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
CMX2.5
city zoning code
Zoning appeals
1
granted with conditions 2018

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1555 Ridge Ave takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$2.3M
20%
6.875%
$17K/mo

When this house last sold (2018) a 30-year mortgage ran about 4.54% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Next door: 1553 Ridge Ave  ·  1551 Ridge Ave

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)