NOT LISTED FOR SALE

218 W Spruce St Norristown, PA 19401

Estimated Value: $153,075 - $179,000

3 Beds
1 Bath
1,148 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $44,000 $38 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,105/month

Highlights

  • Straight Thru Architecture
  • Living Room
  • Dining Room
  • No HOA
  • En-Suite Primary Bedroom
  • 4-minute walk to Cherry Street Park

About This Home

As of May 2015

Well maintained 2-story rowhome. Currently tenant occupied. Turnkey investment property. Rents for $900.

Last Agent to Sell the Property

John Gambino

(484) 994-1030 gambinoproperties@comcast.net RE/MAX Services Listed on: 03/06/2015

RE/MAX Services

Last Buyer's Agent

Gregory Martire

(484) 997-8068 GregoryMartire@gmail.com Springer Realty Group License #RS225353L

Springer Realty Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1876

Lot Details

  • 1,264 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,148 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

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

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 13-00-34124-009

Townhouse Details

Home Type

Townhome

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1876
  • Remarks Public: Well maintained 2-story rowhome. Currently tenant occupied. Turnkey investment property. Rents for $900.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1148
  • Living Area Sq Ft: 1148
  • Net Sq Ft: 1148.00
  • Price Per Sq Ft: 44.43
  • Above Grade Finished Sq Ft: 1148
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 218

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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: Natural Gas
  • Heating Type: Gas
  • 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
  • School District Key: 300200397035

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1264.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 621661
  • Tax Annual Amount: 2164.00
  • Assessor Parcel Number: 13-00-34124-009
  • Tax Lot: 013
  • Tax Year: 2015
  • Close Date: 05/11/2015

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 6, 2015
Sold by
15 Roberts Alley Llc
Bought by
Xu Yueping
Seller's Agent
John Gambino
RE/MAX Services
Buyer's Agent
Gregory Martire
Springer Realty Group
List Price
$51,000
Sold Price
$44,000
Premium/Discount to List
-$7,000
-13.73%
Current Estimated Value
$165,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,269
Avg. Annual Appreciation
13.54%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Larson Scott and Larson Maria
Bought by
218 W Spruce Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Sosnader Glen P
Bought by
Larson Scott and Larson Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Steele George
Bought by
Sosnader Glen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.54%
Mortgage Type
New Conventional
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
Xu Yueping $132,000 None Available
218 W Spruce Street Llc $71,935 None Available
Larson Scott $93,000 --
Sosnader Glen P $56,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 218 W Spruce Street Llc $965,000
Previous Owner Larson Scott $83,700
Previous Owner Sosnader Glen P $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $44,000 -13.7% $38 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $51,000 -- $44 / 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 $2,743 $44,680 $17,910 $26,770
2024 $2,743 $44,680 $17,910 $26,770
2023 $2,718 $44,680 $17,910 $26,770
2022 $2,659 $44,680 $17,910 $26,770
2021 $2,646 $44,680 $17,910 $26,770
2020 $2,524 $44,680 $17,910 $26,770
2019 $2,478 $44,680 $17,910 $26,770
2018 $1,650 $44,680 $17,910 $26,770
2017 $2,276 $44,680 $17,910 $26,770
2016 $2,259 $44,680 $17,910 $26,770
2015 $2,163 $44,680 $17,910 $26,770
2014 $2,163 $44,680 $17,910 $26,770
Source: Public Records

Agents Affiliated with this Home

  • John Gambino

    Seller's Agent in 2015

    John Gambino

    RE/MAX

    (484) 994-1030

    16 in this area

    32 Total Sales

    John Gambino
    Section Image
  • Gregory Martire

    Buyer's Agent in 2015

    Gregory Martire

    Springer Realty Group

    (484) 997-8068

    37 in this area

    221 Total Sales

    Gregory Martire
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002547232

Bright MLS

APN: 13-00-34124-009

Pennsylvania Montgomery County Norristown 19401

218 W Spruce St, Norristown, PA

This home is located at 218 W Spruce St, Norristown, PA 19401 since 06 March 2015 and is currently estimated at $165,269, approximately $143 per square foot. This property was built in 1876. 218 W Spruce St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Whitehall Elementary School, and East Norriton Middle School.

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