House report

1622-24 Ridge Ave

Vacant · assessed $353K. On the 1600 block of Ridge Ave.

Street view of 1622-24 Ridge Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Verify the current balance before relying on it.

$15K was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

No interior square footage on file

Why it matters

The record carries a $353K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.

View supporting records →

What the record is signaling

Early patterns mined across this property's dated public records. Each flag shows what triggered it and where the inference stops.

watch signalPublic-record pressure

More than one public record deserves a current-status check.

Evidence: 1 open L&I violation · $14,790 appeared in the City's June 2022 delinquency snapshot

Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.

watch signalRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 2 permit events since 2023 · 1 zoning/board appeal since 2023 · demolition activity since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

Transparent record rules, not a machine-learning forecast. A signal is a prompt to verify the cited record, not a prediction or allegation.

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 own it

1 open violation: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

$14,790 in the June 2022 delinquency snapshot

The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia Revenue.

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 record to dig into any number.

Assessed value
$353K
Price / sq ft
block $276 ·
Appreciation
+15%
+1%/yr, city 6.5%
In 5 years (~2031)
~$353K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.4% effective
Jun 2022 tax snapshot
$15K
delinquency recorded then · verify current
Gross yield
Times sold
0

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

$0$500K$1.0MBefore this chart — 2008: Electrical 2010: Use2017: Major alteration2022: 10 L&I violations2023: 2 L&I violations2024: City Demolition 2024: Alterations 2024: Demolished 2024: 8 L&I violations incl INTERIOR UNSAFE GENERAL 2024: Appeal complete2025: 3 L&I violations$353K201620222027
This houseBlock median & rangeTeardownL&I violationPermit

The paper trail

Owner pulled a alterations permit in 2024.

  1. 2008 ElectricalPermit
  2. 2010 UsePermit
  3. 2017 Major alterationPermit
  4. 2022 10 L&I violationsL&I
  5. 2023 2 L&I violationsL&I
  6. 2024 City DemolitionPermitAlterationsPermitDemolishedTeardown8 L&I violations incl INTERIOR UNSAFE GENERALL&IAppeal completeZoning
  7. 2025 3 L&I violationsL&I

Flags: 1 open L&I violation · $15K recorded in the June 2022 delinquency snapshot — verify current balance · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

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

Lot
3,465 sqft
Zoning
CMX2.5
city zoning code
Zoning appeals
1
complete 2024

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

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.

No interior square footage on file

The record carries a $353K assessment but no livable area — the number square footage math is normally built on. Per-square-foot comparisons for this property aren't possible from the public record.

Run the numbers

What owning 1622-24 Ridge Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$353K
20%
6.875%
$3K/mo

When this house last sold (1974) a 30-year mortgage ran about 9.19% — 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.

Block context

1622-24 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: 1626 Ridge Ave  ·  1628 Ridge Ave

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. 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)