NOT LISTED FOR SALE

1612 Pine St Norristown, PA 19401

Estimated Value: $257,898 - $298,000

-- Bed
2 Baths
1,472 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $150,000 $102 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • No HOA
  • Wall to Wall Carpet
  • Radiator
  • En-Suite Primary Bedroom

About This Home

As of October 2012

This is part of a 4 unit twin. Both sides are for sale. They can be sold as 2 units or 4 units. There are parking spaces in the back of the unit for eachapartment. ERach unit has its own gas heater and hot water tank, billed directly to tenant. The basement has 2 storage rooms. There is a graseed lot in the rear for the tenant's use.

Last Agent to Sell the Property

CATHERINE PALUMBO

Weichert Realtors Listed on: 09/18/2011

Last Buyer's Agent

Christopher Suhy

Weichert, Realtors - Cornerstone

Weichert, Realtors - Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1926

Lot Details

  • 3,500 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Foundation
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,472 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Cole Manor Elementary School
  • Eisenhower Middle School
  • Norristown Area High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 058
  • Assessor Parcel Number 13-00-30352-001

Community Details

Overview

  • No Home Owners Association
  • Norristown Subdivision

Building Details

  • Operating Expense $3,418

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Appliances Belonging To Tenants
  • Inclusions: Appliances Not Belonging To Tenants
  • New Construction: No
  • Storage: Basement
  • Year Built: 1926
  • Remarks Public: This is part of a 4 unit twin. Both sides are for sale. They can be sold as 2 units or 4 units. There are parking spaces in the back of the unit for eachapartment. ERach unit has its own gas heater and hot water tank, billed directly to tenant. The basement has 2 storage rooms. There is a graseed lot in the rear for the tenant's use.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1472
  • Living Area Sq Ft: 1472
  • Price Per Sq Ft: 108.63
  • Above Grade Finished Sq Ft: 1472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1612

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • 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

Schools

  • School District: NORRISTOWN AREA
  • Elementary School: COLE MANOR
  • Middle School: EISENHOWER
  • High School: NORRISTOWN AREA
  • School District Key: 300200397035
  • Elementary School: COLE MANOR
  • High School: NORRISTOWN AREA
  • Middle Or Junior School: EISENHOWER

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3500.00
  • Property Condition: Good
  • Zoning: R1A

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 620656
  • Tax Annual Amount: 3418.00
  • Assessor Parcel Number: 13-00-30352-001
  • Tax Lot: 058
  • Tax Year: 2011
  • Close Date: 10/16/2012

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2011
Closed on
Oct 16, 2012
Sold by
Palumbo Catherine and Caramenico Stephen
Bought by
Villasenor Pedro Ortiz
Seller's Agent
CATHERINE PALUMBO
Weichert Realtors
Buyer's Agent
Christopher Suhy
Weichert, Realtors - Cornerstone
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$280,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,225
Avg. Annual Appreciation
5.24%
Original Mortgage
$142,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Not Provided
Bought by
Palumbo Catherine

Purchase Details

Closed on
Apr 24, 2002
Sold by
Iezzi Marion G and Stayton George H
Bought by
Caramenico Stephen and Palumbo Catherine
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
Villasenor Pedro Ortiz $150,000 None Available
Palumbo Catherine -- --
Caramenico Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Villasenor Pedro Ortiz $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $150,000 -5.7% $102 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
09/18/2011 09/18/11 For Sale $159,000 -- $108 / 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 $4,669 $76,060 $26,050 $50,010
2024 $4,669 $76,060 $26,050 $50,010
2023 $4,627 $76,060 $26,050 $50,010
2022 $4,527 $76,060 $26,050 $50,010
2021 $4,505 $76,060 $26,050 $50,010
2020 $4,297 $76,060 $26,050 $50,010
2019 $4,219 $76,060 $26,050 $50,010
2018 $2,808 $76,060 $26,050 $50,010
2017 $3,874 $76,060 $26,050 $50,010
2016 $3,845 $76,060 $26,050 $50,010
2015 $3,683 $76,060 $26,050 $50,010
2014 $3,683 $76,060 $26,050 $50,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004521644

Bright MLS

APN: 13-00-30352-001