NOT LISTED FOR SALE

1010 W Main St Norristown, PA 19401

Estimated Value: $256,000 - $298,115

-- Bed
3 Baths
2,159 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $60,000 $28 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,926/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Guardino Park
  • En-Suite Primary Bedroom

About This Home

As of August 2016

Take advantage of this short sale opportunity on this West End triplex. Property needs some updating and repairs, but all units are rented. Some newer windows, carpets, and appliances have already been installed. New roof in 2012. Gas heat, paid by owner. Tenants pay for gas hot water, gas cooking, and electric. Short sale process is well underway; bank appraisal is complete. Just need an investor to step in and take the deal!

Last Agent to Sell the Property

Mr. Tom Beerley

(267) 372-1117 tom@teambeerley.com Keller Williams Realty Group License #RS320776 Listed on: 12/04/2014

Keller Williams Realty Group

Last Buyer's Agent

Michael Sroka

(610) 520-6543 info@homeexpertsforyou.com EXP Realty, LLC License #0567158

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,000 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,159 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 13-00-22752-005

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,572
  • Operating Expense $11,993

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerators
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Take advantage of this short sale opportunity on this West End triplex. Property needs some updating and repairs, but all units are rented. Some newer windows, carpets, and appliances have already been installed. New roof in 2012. Gas heat, paid by owner. Tenants pay for gas hot water, gas cooking, and electric. Short sale process is well underway; bank appraisal is complete. Just need an investor to step in and take the deal!
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2159
  • Living Area Sq Ft: 2159
  • Price Per Sq Ft: 27.79
  • Above Grade Finished Sq Ft: 2159
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1010

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 4284.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.09
  • Lot Dimensions: 20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Condition: Below Average
  • Zoning: RO

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 23700.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 618693
  • Tax Annual Amount: 4718.00
  • Assessor Parcel Number: 13-00-22752-005
  • Tax Lot: 043
  • Tax Year: 2016
  • Close Date: 08/29/2016

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Aug 29, 2016
Sold by
Brown Stewart and Brown Maria E
Bought by
Sr Realty Group Lp
Seller's Agent
Mr. Tom Beerley
Keller Williams Realty Group
Buyer's Agent
Michael Sroka
EXP Realty, LLC
List Price
$99,000
Sold Price
$60,000
Premium/Discount to List
-$39,000
-39.39%
Current Estimated Value
$273,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,279
Avg. Annual Appreciation
18.06%

Purchase Details

Closed on
May 5, 2005
Sold by
Qutubudden Mohammed and Jehan Musarrat
Bought by
Brown Stewart and Brown Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sr Realty Group Lp $60,000 T A Of Limerick Llc
Brown Stewart $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Stewart $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $60,000 -39.4% $28 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $99,000 -- $46 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,729 $93,340 $22,630 $70,710
2024 $5,729 $93,340 $22,630 $70,710
2023 $5,677 $93,340 $22,630 $70,710
2022 $5,555 $93,340 $22,630 $70,710
2021 $5,528 $93,340 $22,630 $70,710
2020 $5,274 $93,340 $22,630 $70,710
2019 $5,177 $93,340 $22,630 $70,710
2018 $3,446 $93,340 $22,630 $70,710
2017 $4,755 $93,340 $22,630 $70,710
2016 $4,718 $93,340 $22,630 $70,710
2015 $4,605 $93,340 $22,630 $70,710
2014 $4,519 $93,340 $22,630 $70,710
Source: Public Records

Agents Affiliated with this Home

  • Mr. Tom Beerley

    Seller's Agent in 2016

    Mr. Tom Beerley

    Keller Williams Realty Group

    (267) 372-1117

    4 in this area

    26 Total Sales

    Mr. Tom Beerley
    Section Image
  • Michael Sroka

    Buyer's Agent in 2016

    Michael Sroka

    EXP Realty, LLC

    (610) 520-6543

    30 in this area

    557 Total Sales

    Michael Sroka
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003176946

Bright MLS

APN: 13-00-22752-005

Pennsylvania Montgomery County Norristown 19401

1010 W Main St, Norristown, PA

This home is located at 1010 W Main St, Norristown, PA 19401 since 04 December 2014 and is currently estimated at $273,279, approximately $126 per square foot. This property was built in 1900. 1010 W Main St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Whitehall Elementary School, and East Norriton Middle School.

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