Public Records
Edition
Philadelphia4000 block of Ridge AveRecords pulled July 9, 2026

House report

4001 Ridge Ave

4 stories · 25,000 sqft · RSA5 · built 2019

Investor / LLC · assessed $3.6M · sold 4×. On the 4000 block of Ridge Ave.

Street view of 4001 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 $4,972/yr reflects a 10-year abatement. It jumps to about $49,721/yr in 2030 — $44,749/yr more. Price the full bill, not the current one.

Zoned RSA5: one household by right

Single-family rowhouse (the classic Philly row). Converting to a duplex or apartments needs a use variance the zoning board rarely grants — Pennsylvania courts require a physical hardship of the lot itself, and economics alone do not qualify.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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.

Who's behind it

Pave Rox Development LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $3.6M combined
• The last transfer was a nominal/family deed, not an open-market sale

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
$3.6M
built 2019
Price / sq ft
$142
block $148 · in line w/ block
Appreciation
+19633%
+62%/yr, city 6.5%
In 5 years (~2031)
~$3.7M
+62%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
0.14% effective, abated
Gross yield
Times sold
4
kept in the family

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

$0$2.5M$5.0M2016: Land $100K2017: Land $420K2018: Appeal filed2020: New Construction or Additions 2020: Rough-In 2020: Amend for conversion 2020: New Construction 2020: New Construction 2020: New Construction 2020: New Construction2026: Change of Use 2026: Appeal granted with conditions$3.6M201620222027
This houseBlock median & rangeLand buyZoningPermit
The paper trail

Bought for $100K in 2016, built new under a 2020 permit (tax-abated).

  1. 2016 $100KLand buy
  2. 2017 $420KLand buy
  3. 2018 Appeal filedZoning
  4. 2020 New Construction or AdditionsPermitRough-InPermitAmend for conversionPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermit
  5. 2026 Change of UsePermitAppeal granted with conditionsZoning

Flags: tax-abated — the bill lags real value · 2 zoning/board appeals on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $4,972/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$49,721/yr — a step up of $44,749/yr, 3 assessment years out. Drag the slider.

2016: ~$252/yr2017: ~$879/yr2018: ~$879/yr2019: ~$879/yr2020: ~$4,869/yr2021: ~$20,085/yr2022: ~$4,869/yr2023: ~$4,960/yr2024: ~$4,960/yr2025: ~$5,226/yr2026: ~$5,226/yr2027: ~$4,972/yr2028: ~$4,972/yr (projected)2029: ~$4,972/yr (projected)2030: ~$49,721/yr (projected)2031: ~$49,721/yr (projected)201620302031
2027~$4,972/yrfrom the record

now: ($3,552,000 assessed − $3,196,806 abated) × 1.3998% ≈ $4,972/yr 2030: $3,552,000 assessed × 1.3998% ≈ $49,721/yr Flat 100% exemption (pre-2022 program, started 2020), 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
4
Interior
25,000 sqft
livable area
Lot
11,708 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
RSA5
city zoning code
Zoning appeals
2
granted with conditions 2026

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

Run the numbers

What owning 4001 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.

$3.6M
20%
6.875%
$26K/mo
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: 4009-19 Ridge Ave  ·  4021 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)