NOT LISTED FOR SALE

18 E Spruce St Norristown, PA 19401

Estimated Value: $152,702 - $205,000

4 Beds
1 Bath
1,664 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $65,000 $39 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,236/month

Highlights

  • Straight Thru Architecture
  • Living Room
  • Wall to Wall Carpet
  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil

About This Home

As of July 2016

Investor Alert! This 4 bedroom home has long term section 8 tenants who pay $1295.00 per month eliminating the hassle of renting the property. This 3 story home has a large living room with possible dining area and eat in kitchen. Second and Third floors have 2 large bedrooms each with a full bath on the second floor. Fenced in back yard gives you your own private space to enjoy when the weather is nice. Property is being sold in as is condition (no exceptions) Buyer is responsible to pay for U&O with the Borough of Norristown and will be responsible to take care of any items that the Borough of Norristown wants, after settlement.

Last Agent to Sell the Property

Carmen Gambone

(610) 960-3737 carmengambone@gmail.com Keller Williams Main Line Listed on: 06/07/2016

Keller Williams Main Line

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,250 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Built-In Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 13-00-33776-006

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Investor Alert! This 4 bedroom home has long term section 8 tenants who pay $1295.00 per month eliminating the hassle of renting the property. This 3 story home has a large living room with possible dining area and eat in kitchen. Second and Third floors have 2 large bedrooms each with a full bath on the second floor. Fenced in back yard gives you your own private space to enjoy when the weather is nice. Property is being sold in as is condition (no exceptions) Buyer is responsible to pay for U&O with the Borough of Norristown and will be responsible to take care of any items that the Borough of Norristown wants, after settlement.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Net Sq Ft: 1664.00
  • Price Per Sq Ft: 42.01
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • 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

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 621574
  • Tax Annual Amount: 2308.00
  • Assessor Parcel Number: 13-00-33776-006
  • Tax Lot: 036
  • Tax Year: 2016
  • Close Date: 07/29/2016

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 29, 2016
Sold by
Borsky Scott Eric
Bought by
Customers Bank
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Current Estimated Value
$188,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,176
Avg. Annual Appreciation
12.25%

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 26, 2016
Sold by
Brevik Leonard and Bak-Brevik Ann Christine
Bought by
Carsage Companies Llc
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Purchase Details

Closed on
May 14, 2003
Sold by
Scott Deborah
Bought by
Homecomings Fin Network Inc

Purchase Details

Closed on
Oct 13, 2000
Sold by
Tri Star Properties Lp
Bought by
Scott Deborah

Purchase Details

Closed on
Sep 28, 1999
Sold by
Mitchell Edward J
Bought by
Industrys May

Purchase Details

Closed on
Nov 27, 1996
Sold by
Raimondi Thomas J
Bought by
Mitchell Edward
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
Customers Bank -- None Available
Carsage Companies Llc $65,000 None Available
Homecomings Fin Network Inc $1,535 --
Scott Deborah $89,900 --
Industrys May $500 --
Mitchell Edward $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $65,000 -7.0% $39 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/24/2016 06/24/16 Price Changed $69,900 -12.5% $42 / Sq Ft
06/07/2016 06/07/16 For Sale $79,900 -- $48 / 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 $2,803 $45,660 $21,450 $24,210
2024 $2,803 $45,660 $21,450 $24,210
2023 $2,777 $45,660 $21,450 $24,210
2022 $2,718 $45,660 $21,450 $24,210
2021 $2,704 $45,660 $21,450 $24,210
2020 $2,580 $45,660 $21,450 $24,210
2019 $2,533 $45,660 $21,450 $24,210
2018 $1,686 $45,660 $21,450 $24,210
2017 $2,326 $45,660 $21,450 $24,210
2016 $2,308 $45,660 $21,450 $24,210
2015 $2,253 $45,660 $21,450 $24,210
2014 $2,211 $45,660 $21,450 $24,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002439698

Bright MLS

APN: 13-00-33776-006