Commercial property report

1608 Ridge Ave

1 story · 5,878 sqft · CMX2.5 · built 2014

Store · Francisville Neighborhood Development Co · assessed $582K (2026) · 2027 OPA assessment $764K. On the 1600 block of Ridge Ave.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 1608 Ridge Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$1,629/year

2026 taxable assessment $116,380 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $764,100; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 882000105
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $116,380 of $581,900 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$8,145/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

Assessment and sale price disagree hard

Why it matters

Assessed at $764K, but it traded for $100,000 in 2023 — a 7.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

The property record, over time

Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $764,100; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$500K$1.0M$764K20232024202520262027
Assessment lineAssessmentDeed / sale

Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Every dated record1 event · exact dates, newest first
  1. Deed / saleDeed / sale $100K
Commercial propertyProperty report

This is a store, recorded under the city's commercial category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.

13 open violations

What it is
Store
Store 1 Sty Masonry
Owner
Francisville Neighborhood Development Co
OPA tax treatment
Assessed $582K
Taxable assessment on the roll
$ / sq ft
$130
at the $130 median for 12,035 commercial parcels citywide
Corridor
Girard and Ridge
city commercial corridor
Assessed value
$581,900
2026 OPA · 2027: $764,100
Interior area
5,878 sqft
Lot size
1,791 sqft
Stories
1
Built
2014
Zoning
CMX2.5

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
  1. Recorded transfer$100K transfer

    2023

What this record suggests

13 violations are still marked open in the assembled record. The date and status belong in a current L&I check before relying on them.

Who's behind it

Francisville Neighborhood Development Co · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.0M combined
• Tax bills mail to 1608 Ridge Ave # 100, Philadelphia PA, 19130

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Assessment and sale price disagree hard

Assessed at $764K, but it traded for $100,000 in 2023 — a 7.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Block context

1608 Ridge Ave sits on the 1600 block of Ridge Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1608 Ridge Ave  ·  1608 Ridge Ave

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 12:26 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

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