NOT LISTED FOR SALE

1111 W Main St Norristown, PA 19401

Estimated Value: $280,000 - $327,314

-- Bed
3 Baths
2,644 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $265,000 $100 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,134/month

25 Days on Market

About This Home

As of February 2024

Seller would consider a package deal for all 7 properties =3M
823 W Main, 536-540 E Main, 826 W Main, 418 W Airy, 1111 W Main, 922 W Main, 311 Haws

Seller is willing to finance up to 10% of the purchase price of the property for Three years at an interest rate of 8.4% with a 30 year amortization.
All properties as is condition, buyer to pay for U & O

This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. ere have been some updates to the interior units, but this property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. New Roof!

Last Agent to Sell the Property

Keri Bernstein

(215) 370-7458 kerileebernstein@gmail.com KW Empower Listed on: 10/11/2023

KW Empower

Last Buyer's Agent

Keri Bernstein

(215) 370-7458 kerileebernstein@gmail.com KW Empower Listed on: 10/11/2023

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,240

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 25.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 2,644 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 13-00-23200-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,240

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Remarks Public: Seller would consider a package deal for all 7 properties =3M 823 W Main, 536-540 E Main, 826 W Main, 418 W Airy, 1111 W Main, 922 W Main, 311 Haws Seller is willing to finance up to 10% of the purchase price of the property for Three years at an interest rate of 8.4% with a 30 year amortization. All properties as is condition, buyer to pay for U & O This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. ere have been some updates to the interior units, but this property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. New Roof!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2644
  • Living Area Sq Ft: 2644
  • Price Per Sq Ft: 104.01
  • Above Grade Finished Sq Ft: 2644
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1111

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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.09
  • Lot Dimensions: 25.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2023
  • Zoning: MIXED USE

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4021.00
  • Tax Annual Amount: 6240.00
  • Assessor Parcel Number: 13-00-23200-007
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 2644
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/01/2024

Multi Family

  • Other Units: Unit 2

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 28, 2023
Sold by
Queen Bee Properties Llc
Bought by
Hua Zhang Llc
Seller's Agent
Keri Bernstein
KW Empower
Buyer's Agent
Keri Bernstein
KW Empower
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Views
36
Current Estimated Value
$303,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,579
Avg. Annual Appreciation
8.37%
Original Mortgage
$210,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2014
Closed on
Mar 6, 2015
Sold by
Smith Anjoray and Mason Smith Mary L
Bought by
Queen Bee Properties Llc
Seller's Agent
Tony Vee
Keller Williams Real Estate-Blue Bell
Buyer's Agent
LIZ Wasserman
BHHS Fox & Roach-Center City Walnut
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$112,500
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2000
Sold by
Roman John P
Bought by
Smith Anjoray and Mason Smith Mary L

Purchase Details

Closed on
May 25, 1994
Sold by
Roman John P and Bradford Philip M
Bought by
Roman John P
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
Hua Zhang Llc $265,000 Great American Abstract
Queen Bee Properties Llc $150,000 First American Title Ins Co
Smith Anjoray $120,000 T A Title Insurance Company
Roman John P $55,667 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hua Zhang Llc $210,000
Previous Owner Queen Bee Properties Llc $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2024 02/01/24 Sold $265,000 -3.6% $100 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $275,000 +10.0% $104 / Sq Ft
10/11/2023 10/11/23 For Sale $250,000 +66.7% $95 / Sq Ft
03/13/2015 03/13/15 Sold $150,000 -9.0% $57 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $164,900 -- $62 / 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 $6,297 $102,590 $22,630 $79,960
2024 $6,297 $102,590 $22,630 $79,960
2023 $6,241 $102,590 $22,630 $79,960
2022 $6,106 $102,590 $22,630 $79,960
2021 $6,076 $102,590 $22,630 $79,960
2020 $5,796 $102,590 $22,630 $79,960
2019 $5,690 $102,590 $22,630 $79,960
2018 $3,788 $102,590 $22,630 $79,960
2017 $5,226 $102,590 $22,630 $79,960
2016 $5,186 $102,590 $22,630 $79,960
2015 $4,968 $102,590 $22,630 $79,960
2014 $4,968 $102,590 $22,630 $79,960
Source: Public Records

Agents Affiliated with this Home

  • Keri Bernstein

    Seller's Agent in 2024

    Keri Bernstein

    KW Empower

    (215) 370-7458

    7 in this area

    143 Total Sales

    Keri Bernstein
    Section Image
  • Tony Vee

    Seller's Agent in 2015

    Tony Vee

    Keller Williams Real Estate-Blue Bell

    (215) 664-1050

    3 in this area

    9 Total Sales

    Tony Vee
    Section Image

  • L

    Buyer's Agent in 2015

    LIZ Wasserman

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2086272

Bright MLS

APN: 13-00-23200-007

Pennsylvania Montgomery County Norristown 19401

1111 W Main St, Norristown, PA

This home is located at 1111 W Main St, Norristown, PA 19401 since 11 October 2023 and is currently estimated at $303,579, approximately $114 per square foot. This property was built in 1910. 1111 W Main St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Marshall Street Elementary School, and East Norriton Middle School.

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