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$250,000

Beds
1
Baths
1.0
sq ft
852

1623 Ridge Ave Unit 1, Philadelphia, PA 19130

1623 Ridge Ave Unit 1

PHILADELPHIA, PA 19130

  • 16 days on market
Welcome to 1623 Ridge Avenue, Unit 1, a modern oasis nestled in the heart of Philadelphia. This charming 1-bedroom, 1-bathroom home offers 852 square feet of thoughtfully designed living space, perfect for those seeking a blend of comfort and style. Step inside to discover soaring 11-foot high ceilings that create an open and airy ambiance, enhancing the spacious feel of the home. The living area seamlessly flows into a large private patio, an ideal spot for relaxing or entertaining guests. The bedroom suite features a large bathroom, huge walk-in closet, and plenty of space to do your laundry. With low HOA fees, this home offers an affordable opportunity to embrace urban living without compromising on amenities. Take a short walk to Fairmount Ave to check out all of the restaurants and shops your new neighborhood has to offer. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$272,316

Lot size

Unknown

Price per sq ft

$294

Year built

2015

Annual property taxes

$457

HOA

No

Price History

01/06/2025
Bright

Bright #PAPH2432530

Listed
$250,000
+10.38%
01/15/2021
Bright

Bright #PAPH937644

Sold
$226,500
+2.95%
03/27/2015
Bright

Bright #1003181748

Sold
$220,000

Schools & Community

Neighborhood: 

Francisville

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$30,323
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$199,677
Cash to seller
$30,323

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

January 2021

Original loan amount

$219,705

Est. remaining balance

$199,677

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Adam Ball

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 8:45 AM

Listing updated: 01/16/2025 at 1:31 PM

Listed by: Alexia Noelle Bevilacqua, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2432530

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