Multi-family report

4159 Ridge Ave

4 bd · 2 stories · 1,964 sqft · CMX2.5 · built 1939

Property at a glanceApartment building

Entity-held

2026 assessment
$476K OPA value, not a listing price
2027 published assessment
$406K Future roll, not the current tax bill
Neighborhood area
East Falls Approximate · based on ZIP 19129
Street view of 4159 Ridge Ave
From the street · imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

Assessed value
$475,700 2026 billed-year assessment · 2027: $405,600 · built 1939
Price / sq ft
$207 block $207 · in line w/ block
Assessment change
+79% +5%/yr since 2016 · 2027 -15% vs 2026
Est. tax bill / yr
$6,659 1.4% effective
Jun 2022 tax snapshot
No match not proof the account is current
Times sold
4 licensed rental
$0$250K$500KZIP 19129 (East Falls) median$406K2004200820122016202020242027
Property assessmentBlock median & rangeZIP 19129 (East Falls) medianAssessmentDeed / saleL&I violationInspectionLicense

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

Highlight
Every dated record32 events · exact dates, newest first
  1. L&I violationRENTAL LICENSE- ONE & TWO FAMILY (R3)
  2. InspectionL&I investigation
  3. License4141 Ridge Avenue LLC: Rental landlord or residential registration initially issued
  4. LicenseMark E Sherman: Rental landlord or residential registration marked inactive
  5. LicenseMark E Sherman: Rental landlord or residential registration initially issued
  6. Deed / saleDeed / sale $282K
  7. Deed / saleDeed / sale $385K
  8. InspectionPRECOURT (likely: pre-court compliance inspection)
  9. InspectionPRECOURT (likely: pre-court compliance inspection)
  10. InspectionPRECOURT (likely: pre-court compliance inspection)
  11. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  12. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  13. L&I violationCAL LO (Commercial Activity License required)
  14. L&I violationLICENSE-RES GENERAL
  15. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  16. InspectionPRECOURT (likely: pre-court compliance inspection)
  17. LicenseFRANK RAFFAELE: Rental landlord or residential registration marked inactive
  18. LicenseMARK SHERMAN (FRANK RAFFAELE): Rental landlord or residential registration marked inactive
  19. InspectionPRECOURT (likely: pre-court compliance inspection)
  20. InspectionPRECOURT (likely: pre-court compliance inspection)
  21. InspectionPRECOURT (likely: pre-court compliance inspection)
  22. InspectionPRECOURT (likely: pre-court compliance inspection)
  23. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  24. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  25. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  26. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  27. L&I violationLICENSE-RES SFD/2FD
  28. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  29. LicenseFRANK RAFFAELE: Rental landlord or residential registration initially issued
  30. Deed / saleDeed / sale $107K
  31. Deed / saleDeed / sale $171K
  32. LicenseMARK SHERMAN (FRANK RAFFAELE): Rental landlord or residential registration initially issued

Flags: active rental license · historical tax ledger through 2016 recorded $4K with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$6,659/year estimated property tax

2026 taxable assessment $475,700 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $405,600. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 382246500
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources Record found

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

A separate historical parcel ledger ending in 2016 records $3,808.06 and a lien entry. It is shown as historical context only.

2016$3,808.06 total · $3,420.31 principal · $51.30 interest · $34.20 penalty

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

The property, on paper

OPA physical field record.

Bedrooms
4
Stories
2
Interior
1,964 sqft livable area
Lot
1,657 sqft
Basement
Full city code D
Heat
Undetermined city code H
Central air
Yes
Exterior condition
Average city code 4
Interior condition
Average city code 4
Quality grade
C assessor's grade
Zoning
CMX2.5 city zoning code

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

Recorded owner

Who's behind it

4141 Ridge Avenue LLC · corporate / LLC owner

• Owns 13 properties across Philadelphia under this name, assessed at $5.3M combined
• Tax bills mail to 7900 Old York Rd, Elkins Park PA, 19027 — outside Philadelphia
• Holds an active rental license for this address

Block context

4100 block of Ridge Ave. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 4157 Ridge Ave  ·  4161 Ridge Ave

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

4141 Ridge Avenue LLCActive

Rental · Initial issue date Oct 29, 2020 · Filed expiration Oct 28, 2026

Mark E ShermanInactive

Rental · Initial issue date Jun 14, 2019 · Terminal license date Aug 12, 2020

FRANK RAFFAELEInactive

Rental · Initial issue date Mar 10, 2008 · Terminal license date Dec 22, 2012

MARK SHERMAN (FRANK RAFFAELE)Inactive

Rental · Initial issue date Jun 2, 2004 · Terminal license date Dec 22, 2012

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 32 dated rows
  1. ViolationRENTAL LICENSE- ONE & TWO FAMILY (R3)

    Case CF-2022-121900 · Violation VI-2022-091649 · Code 9-3902 (1) · SVN ISSUED

    Resolution: SVN ISSUED

  2. InvestigationL&I investigation

    Case CF-2022-121900

  3. License issue event4141 Ridge Avenue LLC: Rental landlord or residential registration initially issued

    License 854543 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  4. License terminal eventMark E Sherman: Rental landlord or residential registration marked inactive

    License 815497 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  5. License issue eventMark E Sherman: Rental landlord or residential registration initially issued

    License 815497 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  6. Recorded transfer$282K transfer

    2019

  7. Recorded transfer$385K transfer

    2017

  8. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 417081 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  9. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  10. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  11. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 417081 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  12. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 417081 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  13. ViolationCAL LO (Commercial Activity License required)

    Case 417081 · Violation 3334515 · Code 19-2602.1/1 · CLOSEDCASE

    Philadelphia Code §19-2602(1) requires a Commercial Activity License before conducting business in the city. City marked the case closed; that does not mean the original condition never existed.

  14. ViolationLICENSE-RES GENERAL

    Case 417081 · Violation 3334516 · Code PM-102.0/1 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  15. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 417081 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  16. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  17. License terminal eventFRANK RAFFAELE: Rental landlord or residential registration marked inactive

    License 437915 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  18. License terminal eventMARK SHERMAN (FRANK RAFFAELE): Rental landlord or residential registration marked inactive

    License 267272 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  19. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  20. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  21. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  22. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 262865 · CLOSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. City marked the record closed; open the case for the closing reason.

  23. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 262865 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  24. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 262865 · PASSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.

  25. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 262865 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  26. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 262865 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  27. ViolationLICENSE-RES SFD/2FD

    Case 262865 · Violation 3222837 · Code PM-102.3/1 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  28. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 262865 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  29. License issue eventFRANK RAFFAELE: Rental landlord or residential registration initially issued

    License 437915 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  30. Recorded transfer$107K transfer

    2006

  31. Recorded transfer$171K transfer

    2006

  32. License issue eventMARK SHERMAN (FRANK RAFFAELE): Rental landlord or residential registration initially issued

    License 267272 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 10:44 PM 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. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “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)