NOT LISTED FOR SALE

1024 Cherry St Norristown, PA 19401

Estimated Value: $154,000 - $180,000

4 Beds
1 Bath
1,658 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $109,250 $66 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,092/month

Highlights

  • Colonial Architecture
  • Heating System Uses Oil
  • 3-minute walk to Cherry Street Park
  • No HOA

About This Home

As of January 2022

Get in on the Hot Norristown Market today! Great income producing investment property, tenants pay all utilities. Won't last. Buyer responsible for Use and Occupancy from the Boro.

Last Agent to Sell the Property

Red Chahid

Yellow Keys Realty, LLC License #RM425449 Listed on: 04/26/2021

Last Buyer's Agent

JAMES BARR

Homestarr Realty License #RS335112

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1875

Lot Details

  • 1,428 Sq Ft Lot
  • Lot Dimensions are 16.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,658 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 13-00-07904-003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,233

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1875
  • Automatically Close On Close Date: Yes
  • Remarks Public: Get in on the Hot Norristown Market today! Great income producing investment property, tenants pay all utilities. Won't last. Buyer responsible for Use and Occupancy from the Boro.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1658
  • Living Area Sq Ft: 1658
  • Price Per Sq Ft: 71.04
  • Above Grade Finished Sq Ft: 1658
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1024

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1428.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 614942
  • School Tax: 1493.00
  • Tax Annual Amount: 2233.00
  • Assessor Parcel Number: 13-00-07904-003
  • Tax Lot: 107
  • Tax Total Finished Sq Ft: 1658
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 01/12/2022

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jan 6, 2022
Sold by
David Sereny
Bought by
Frontier Housing Llc
Seller's Agent
Red Chahid
Yellow Keys Realty, LLC
Buyer's Agent
JAMES BARR
Homestarr Realty
List Price
$159,900
Sold Price
$109,250
Premium/Discount to List
-$50,650
-31.68%
Current Estimated Value
$168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,417
Avg. Annual Appreciation
14.69%
Original Mortgage
$98,000
Outstanding Balance
$90,630
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$90,037

Purchase Details

Closed on
Apr 5, 1999
Sold by
Reinhart Barry and Reinhart Lizanne
Bought by
Sereny David

Purchase Details

Closed on
Dec 13, 1995
Sold by
Source One Mtg Corp
Bought by
Reinhart Barry and Reinhart Lizanne

Purchase Details

Closed on
Oct 25, 1995
Sold by
Lalley Francis F
Bought by
Source One Mtg Corp
Source: Public Records

Range of Values:

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Average Value
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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
Frontier Housing Llc $109,250 None Listed On Document
Sereny David $44,000 --
Reinhart Barry $21,250 --
Source One Mtg Corp $1,243 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frontier Housing Llc $98,000
Closed Frontier Housing Llc $98,000
Previous Owner Sereny David $42,000
Previous Owner Not Provided $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $109,250 -7.2% $66 / Sq Ft
01/06/2022 01/06/22 Price Changed $117,777 0.0% $71 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/08/2021 11/08/21 Price Changed $117,777 -4.8% $71 / Sq Ft
07/26/2021 07/26/21 Price Changed $123,777 -3.1% $75 / Sq Ft
06/28/2021 06/28/21 Price Changed $127,777 -5.9% $77 / Sq Ft
06/02/2021 06/02/21 Price Changed $135,777 -15.1% $82 / Sq Ft
04/26/2021 04/26/21 For Sale $159,900 -- $96 / 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 $2,315 $37,700 -- --
2024 $2,315 $37,700 -- --
2023 $2,294 $37,700 $0 $0
2022 $2,244 $37,700 $0 $0
2021 $2,233 $37,700 $0 $0
2020 $2,130 $37,700 $0 $0
2019 $2,091 $37,700 $0 $0
2018 $1,392 $37,700 $0 $0
2017 $1,920 $37,700 $0 $0
2016 $1,905 $37,700 $0 $0
2015 $1,826 $37,700 $0 $0
2014 $1,826 $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC690884

Bright MLS

APN: 13-00-07904-003