NOT LISTED FOR SALE

139 W Airy St Norristown, PA 19401

Estimated Value: $166,000 - $305,000

-- Bed
2 Baths
2,298 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $101,500 $44 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,481/month

Highlights

  • More Than Two Accessible Exits
  • Forced Air Heating System
  • Dwelling with Rental

About This Home

As of June 2023

Investor special -This is a two unit rental in the heart of downtown Norristown blocks from the courthouse shopping and County Bar Association. Easy walking distance to Norristown transit station and high speed rail to Philadelphia. local shops restaurants and all that the county seat offers is literally at your doorstep. The spacious two unit apartment has The potential to be turned into 3 to 4 units with township approval. Property is priced to sell and will not be on the market long bring your offers and contact us today.

Last Agent to Sell the Property

Lin Lin Tou

(484) 252-1989 lin_lin_tou@yahoo.com RE/MAX Ace Realty Listed on: 05/14/2023

RE/MAX Ace Realty

Last Buyer's Agent

Vijay Peethambaram

(215) 360-1783 vpeetham@gmail.com Tesla Realty Group, LLC License #RS338509

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,151 Sq Ft Lot
  • Lot Dimensions are 16.00 x 0.00

Home Design

  • 2,298 Sq Ft Home
  • Duplex
  • Dwelling with Rental
  • Fixer Upper
  • Brick Exterior Construction
  • Stone Foundation

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 13-00-01148-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2023-05-15
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Investor special -This is a two unit rental in the heart of downtown Norristown blocks from the courthouse shopping and County Bar Association. Easy walking distance to Norristown transit station and high speed rail to Philadelphia. local shops restaurants and all that the county seat offers is literally at your doorstep. The spacious two unit apartment has The potential to be turned into 3 to 4 units with township approval. Property is priced to sell and will not be on the market long bring your offers and contact us today.
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space, Stone
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 2298
  • Living Area Sq Ft: 2298
  • Price Per Sq Ft: 41.34
  • Above Grade Finished Sq Ft: 2298
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 139

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

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

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: 0.03
  • Lot Dimensions: 16.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1151.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 613227
  • School Tax: 2382.00
  • Tax Annual Amount: 3660.00
  • Assessor Parcel Number: 13-00-01148-009
  • Tax Lot: 49
  • Tax Total Finished Sq Ft: 2298
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/05/2023

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jun 5, 2023
Sold by
Childs Michael and Childs Susan
Bought by
Pennsylvania Limited Liability Company
Seller's Agent
Lin Lin Tou
RE/MAX Ace Realty
Buyer's Agent
Vijay Peethambaram
Tesla Realty Group, LLC
List Price
$95,000
Sold Price
$101,500
Premium/Discount to List
$6,500
6.84%
Views
15
Current Estimated Value
$223,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,153
Avg. Annual Appreciation
38.98%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Madden Jeffrey and Boettiner Paul
Bought by
Childs Michael and Childs Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.62%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Martire Robert S and Scott Martire R
Bought by
Madden Jeffrey and Boettinger Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.39%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Moore Michael A
Bought by
Martire Robert S and Scott Martire R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
5.47%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Springer Raymond C
Bought by
Moore Michael A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pennsylvania Limited Liability Company $101,500 None Listed On Document
Childs Michael $80,000 None Available
Madden Jeffrey $132,500 None Available
Martire Robert S $106,000 --
Moore Michael A $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childs Michael $60,000
Previous Owner Madden Jeffrey $106,000
Previous Owner Martire Robert S $95,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $101,500 +6.8% $44 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $95,000 0.0% $41 / Sq Ft
12/15/2012 12/15/12 Rented $800 -11.1% --
12/03/2012 12/03/12 Under Contract -- -- --
09/06/2012 09/06/12 For Rent $900 -- --
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 $3,693 $60,180 $17,880 $42,300
2024 $3,693 $60,180 $17,880 $42,300
2023 $3,660 $60,180 $17,880 $42,300
2022 $3,582 $60,180 $17,880 $42,300
2021 $3,564 $60,180 $17,880 $42,300
2020 $3,400 $60,180 $17,880 $42,300
2019 $3,338 $60,180 $17,880 $42,300
2018 $2,222 $60,180 $17,880 $42,300
2017 $3,065 $60,180 $17,880 $42,300
2016 $3,042 $60,180 $17,880 $42,300
2015 $2,914 $60,180 $17,880 $42,300
2014 $2,914 $60,180 $17,880 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2072008

Bright MLS

APN: 13-00-01148-009