NOT LISTED FOR SALE

1338 Markley St Norristown, PA 19401

Estimated Value: $252,000 - $306,000

-- Bed
2 Baths
2,092 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $215,000 $103 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,845/month

Highlights

  • Victorian Architecture
  • Enclosed Patio or Porch
  • Awning
  • Attic
  • Bathtub with Shower
  • Radiator

About This Home

As of May 2022

Victorian Twin duplex with a welcoming front porch enjoyable year round and a covered back patio for those warm months and barbecues. Inside, the large rooms welcome family and friends for those special events or enjoy the space for a pleasant quiet retreat. Units are equipped with a refrigerator, electric stove, washer and dryer. Gas heating systems and water heaters metered separately for ease of billing. Easy access to shopping, bus stop, train station, Montgomery Hospital and Roosevelt HS. Convenient to everything! Long term tenants with history of on time payment. First floor unit is a one bedroom and unit #2 on the second floor offers a two bedroom with an eat-in kitchen, both units with long term tenants on a month to month arrangement. A great investment as is or live in owner option, either way both units are in good condition! Let your imagination go free with all the possibilities. Recently accepted offer has been terminated, property is once again active!

Last Agent to Sell the Property

Luis Tovar

(484) 888-9682 Luis.Tovar@Foxroach.com BHHS Fox & Roach-Kennett Sq License #RS333631 Listed on: 02/17/2022

BHHS Fox & Roach-Kennett Sq

Last Buyer's Agent

Angela Apsis

(215) 730-6049 angela@themcknightteam.com Long & Foster Real Estate, Inc. License #RS346788

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1900

Lot Details

  • 5,168 Sq Ft Lot
  • Lot Dimensions are 39.00 x 0.00
  • Property is in good condition

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete

Interior Spaces

  • Bathtub with Shower
  • 2,092 Sq Ft Home
  • Awning
  • Stove
  • Attic

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Windows

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Doors are 32 inches wide or more
  • Enclosed Patio or Porch

Listing and Financial Details

  • The owner pays for water, sewer, insurance, trash collection
  • Tax Lot 002
  • Assessor Parcel Number 13-00-23476-001

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Trash Expense $548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: two washers, two dryers, two refrigerators
  • New Construction: No
  • Expected On Market: 2022-02-17
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Victorian Twin duplex with a welcoming front porch enjoyable year round and a covered back patio for those warm months and barbecues. Inside, the large rooms welcome family and friends for those special events or enjoy the space for a pleasant quiet retreat. Units are equipped with a refrigerator, electric stove, washer and dryer. Gas heating systems and water heaters metered separately for ease of billing. Easy access to shopping, bus stop, train station, Montgomery Hospital and Roosevelt HS. Convenient to everything! Long term tenants with history of on time payment. First floor unit is a one bedroom and unit #2 on the second floor offers a two bedroom with an eat-in kitchen, both units with long term tenants on a month to month arrangement. A great investment as is or live in owner option, either way both units are in good condition! Let your imagination go free with all the possibilities. Recently accepted offer has been terminated, property is once again active!
  • Special Features: None

Interior Features

  • Appliances: Stove, Washer, Dryer, Refrigerator
  • Interior Amenities: Tub Shower, Attic
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Unfinished, Windows
  • Total Sq Ft: 2092
  • Living Area Sq Ft: 2092
  • Price Per Sq Ft: 107.07
  • Above Grade Finished Sq Ft: 2092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1338

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 548.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Monthly Water Average: 116
  • Water Previous Twelve Months: 1392.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: 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: 1132
  • Lot Size Acres: 0.12
  • Lot Dimensions: 39.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5168.00
  • Outdoor Living Structures: Porch(es), Enclosed
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: R1A
  • Zoning Description: Multi-Family

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Sewer, Insurance, Trash Collection
  • Total Actual Rent: 25000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 618873
  • School Tax: 3034.00
  • Tax Annual Amount: 4560.00
  • Assessor Parcel Number: 13-00-23476-001
  • Tax Lot: 002
  • Tax Page Number: 954
  • Tax Total Finished Sq Ft: 2092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/11/2022

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
May 3, 2022
Sold by
Mukesh Agarwal
Bought by
Twin Crown Investments Llc
Seller's Agent
Luis Tovar
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
Angela Apsis
Long & Foster Real Estate, Inc.
List Price
$224,000
Sold Price
$215,000
Premium/Discount to List
-$9,000
-4.02%
Current Estimated Value
$273,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,996
Avg. Annual Appreciation
7.35%
Original Mortgage
$172,000
Outstanding Balance
$162,594
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$111,402

Purchase Details

Closed on
Jan 9, 2009
Sold by
Gronlund Ethel J
Bought by
Dang Tom and Agarwal Mukesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
5.51%

Purchase Details

Closed on
Nov 16, 2007
Sold by
Palumbo Catherine
Bought by
Gronlund Ethel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.48%

Purchase Details

Closed on
May 26, 1999
Sold by
Fitzgerald George
Bought by
Palumbo Catherine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Twin Crown Investments Llc $215,000 Settlements Sage Premier
Dang Tom $158,000 None Available
Gronlund Ethel J $155,000 None Available
Palumbo Catherine $99,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Crown Investments Llc $172,000
Previous Owner Dang Tom $118,500
Previous Owner Gronlund Ethel J $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $215,000 -4.0% $103 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $224,000 0.0% $107 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $224,000 -- $107 / 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 $4,704 $76,620 $22,590 $54,030
2024 $4,704 $76,620 $22,590 $54,030
2023 $4,662 $76,620 $22,590 $54,030
2022 $4,560 $76,620 $22,590 $54,030
2021 $4,538 $76,620 $22,590 $54,030
2020 $4,329 $76,620 $22,590 $54,030
2019 $4,250 $76,620 $22,590 $54,030
2018 $2,829 $76,620 $22,590 $54,030
2017 $3,903 $76,620 $22,590 $54,030
2016 $3,873 $76,620 $22,590 $54,030
2015 $3,711 $76,620 $22,590 $54,030
2014 $3,711 $76,620 $22,590 $54,030
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2027990

Bright MLS

APN: 13-00-23476-001