Seller's Agent in 2017
Carmen Gambone
Keller Williams Main Line
(610) 960-3737
35 in this area
53 Total Sales
1425 Locust St Unit 64 Norristown, PA 19401
Estimated Value: $259,000 - $307,319
--
Bed
4
Baths
1,614
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Shed
- No HOA
- Cooling System Mounted In Outer Wall Opening
- En-Suite Primary Bedroom
About This Home
As of August 2017Investors welcome to this lovely brick front duplex in the nice Quiet Section of the North End of Norristown. 1st Floor features a large studio apartment with eat in kitchen and large basement with washer/ dryer. 2nd Floor apartment features a large living room and 2 bedrooms. Nice shady front porch and a fenced in back yard with a shed. Also a 1 car garage with a newer roof that rents separately for $100.00 a month. The home has vinyl replacement windows, electric hot water, gas heater and separate entrances. The first floor studio has long term tenant and the 2nd floor is recently vacant so you can live there and collect positive cash flow from the other unit OR rent both and bring in collectively $1,625.00 of monthly income (including the garage rental). Any way you look at it this is a great investment!! Call and book your showing appointment today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 2,800 Sq Ft Lot
- Property is in good condition
Parking
- 1 Car Detached Garage
- On-Street Parking
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- En-Suite Primary Bedroom
- 1,614 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Outdoor Features
- Shed
- Storage Shed
Schools
- Norristown Area High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Gas
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 064
- Assessor Parcel Number 13-00-20888-006
Community Details
Overview
- No Home Owners Association
- Norristown Subdivision
Additional Features
- Laundry Facilities
- Operating Expense $4,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2024
Sold by
Ouyang Can and Chen Xiaohong
Bought by
Ouyang Family Trust and Ouyang
Current Estimated Value
Purchase Details
Listed on
Jun 5, 2017
Closed on
Aug 18, 2017
Sold by
Lafferty James H
Bought by
Chen Xiaohong and Ouyang Can
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
Chiu (Dianqiu) Bai
McFadden Real Estate Group, LLC.
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Purchase Details
Closed on
Oct 25, 1996
Sold by
Gray Lynn Ann
Bought by
Lafferty James H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ouyang Family Trust | -- | None Listed On Document | |
| Chen Xiaohong | $90,000 | None Available | |
| Lafferty James H | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ouyang Can | $80,500 | |
| Previous Owner | Lafferty James | $69,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2017 08/18/17 | Sold | $90,000 | -14.3% | $56 / Sq Ft |
| 06/20/2017 06/20/17 | Pending | -- | -- | -- |
| 06/05/2017 06/05/17 | For Sale | $105,000 | -- | $65 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,040 | $82,110 | $25,730 | $56,380 |
| 2024 | $5,040 | $82,110 | $25,730 | $56,380 |
| 2023 | $4,995 | $82,110 | $25,730 | $56,380 |
| 2022 | $4,887 | $82,110 | $25,730 | $56,380 |
| 2021 | $4,863 | $82,110 | $25,730 | $56,380 |
| 2020 | $4,639 | $82,110 | $25,730 | $56,380 |
| 2019 | $4,554 | $82,110 | $25,730 | $56,380 |
| 2018 | $3,031 | $82,110 | $25,730 | $56,380 |
| 2017 | $4,183 | $82,110 | $25,730 | $56,380 |
| 2016 | $4,151 | $82,110 | $25,730 | $56,380 |
| 2015 | $3,976 | $82,110 | $25,730 | $56,380 |
| 2014 | $3,976 | $82,110 | $25,730 | $56,380 |
Source: Public Records
Agents Affiliated with this Home
-
Carmen Gambone
-
Chiu (Dianqiu) Bai
C
Buyer's Agent in 2017
Chiu (Dianqiu) Bai
McFadden Real Estate Group, LLC.
(484) 238-6966
4 in this area
23 Total Sales
Map
Source: Bright MLS
MLS Number: 1003165315
APN: 13-00-20888-006
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