$110,000
SOLD MAR 24, 2023

16 W Spruce St Norristown, PA 19401

3 Beds
1 Bath
1,220 Sq Ft
1,488 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

25% Below List Price

94 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Radiant Heating System

About This Home

As of March 2023

Get in on the Hot Norristown Market! Great income producing investment property, or first time home buyer, rented for $1,375.00/Month, tenants pay all utilities. Great potential upside. Conveniently located within walking distance to everything! Won't last. Buyer responsible for Use and Occupancy requirements.

Last Agent to Sell the Property

Red Chahid

Yellow Keys Realty, LLC License #RM425449 Listed on: 09/24/2022

Last Buyer's Agent

Glenn Adams

EveryHome Realtors License #RS-0037459

EveryHome Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1920

Lot Details

  • 1,488 Sq Ft Lot
  • Lot Dimensions are 52.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 13-00-34084-004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,243

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-24
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Get in on the Hot Norristown Market! Great income producing investment property, or first time home buyer, rented for $1,375.00/Month, tenants pay all utilities. Great potential upside. Conveniently located within walking distance to everything! Won't last. Buyer responsible for Use and Occupancy requirements.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1220
  • Living Area Sq Ft: 1220
  • Price Per Sq Ft: 106.48
  • Above Grade Finished Sq Ft: 1220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Natural Gas
  • 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: 52.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1488.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 621651
  • School Tax: 1492.00
  • Tax Annual Amount: 2243.00
  • Assessor Parcel Number: 13-00-34084-004
  • Tax Lot: 035
  • Tax Total Finished Sq Ft: 1220
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/24/2023

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Sereny David M
Bought by
Van-Lare Christopher and Van-Lare Vallerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
Whitt Paulette and Whitt Thurman
Bought by
Ocwen Fsb
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 Type Sale Price Title Company
Deed $110,000 None Listed On Document
Sheriffs Deed $1,519 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 New Conventional
Previous Owner $42,000 No Value Available
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $198,000 -5.7% $162 / Sq Ft
07/14/2025 07/14/25 For Sale $210,000 +90.9% $172 / Sq Ft
03/24/2023 03/24/23 Sold $110,000 -15.3% $90 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/21/2022 12/21/22 Price Changed $129,900 -4.3% $106 / Sq Ft
11/17/2022 11/17/22 Price Changed $135,777 -2.9% $111 / Sq Ft
11/08/2022 11/08/22 Price Changed $139,777 -4.1% $115 / Sq Ft
09/24/2022 09/24/22 For Sale $145,777 -- $119 / 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
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: PAMC2052748

Bright MLS

APN: 13-00-34084-004