NOT LISTED FOR SALE

228 E Oak St Unit 42 Norristown, PA 19401

Estimated Value: $196,833 - $389,000

-- Bed
2 Baths
2,095 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $195,000 $93 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,634/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Radiant Heating System
  • 3-minute walk to Martin Luther King Memorial Park

About This Home

As of January 2023

Rare opportunity to own a Turn Key Duplex, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor 1 Bedroom with Porch and Back Yard $925.00, Second and 3rd levels 3 Bedroom Apartment $1,295 .00. Tenants pay all utilities. Huge Upside Potential.

Last Agent to Sell the Property

Red Chahid

(610) 517-8000 redchahid@gmail.com Yellow Keys Realty, LLC License #RM425449 Listed on: 11/25/2022

Last Buyer's Agent

Carrol Cosmo

(484) 688-4221 carrol@carrolconnects.com Keller Williams Real Estate-Blue Bell

Keller Williams Real Estate-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1900

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 2,095 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 13-00-28716-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,761

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-11-25
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to own a Turn Key Duplex, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor 1 Bedroom with Porch and Back Yard $925.00, Second and 3rd levels 3 Bedroom Apartment $1,295 .00. Tenants pay all utilities. Huge Upside Potential.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2095
  • Living Area Sq Ft: 2095
  • Price Per Sq Ft: 93.08
  • Above Grade Finished Sq Ft: 2095
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 1132
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Year Assessed: 2022
  • Zoning: DUPLEX

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 620254
  • School Tax: 1837.00
  • Tax Annual Amount: 2761.00
  • Assessor Parcel Number: 13-00-28716-008
  • Tax Lot: 42
  • Tax Total Finished Sq Ft: 2095
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/27/2023

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 5, 2023
Sold by
Sereny Diane J
Bought by
Ra Real Investments Llc
Seller's Agent
Red Chahid
Yellow Keys Realty, LLC
Buyer's Agent
Carrol Cosmo
Keller Williams Real Estate-Blue Bell
List Price
$195,000
Sold Price
$195,000
Views
37
Current Estimated Value
$266,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,458
Avg. Annual Appreciation
12.02%
Original Mortgage
$156,000
Outstanding Balance
$123,473
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$142,985

Purchase Details

Closed on
Mar 31, 2008
Sold by
Sereny David M
Bought by
Sereny Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.3%

Purchase Details

Closed on
Apr 10, 1996
Sold by
Sereny Ronald W and Sereny Maureen P
Bought by
Sereny David M
Source: Public Records

Range of Values:

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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
Ra Real Investments Llc $195,000 --
Sereny Diane J -- None Available
Sereny David M $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ra Real Investments Llc $156,000
Previous Owner Sereny Diane J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $195,000 0.0% $93 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $195,000 -- $93 / 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 $2,848 $46,400 -- --
2024 $2,848 $46,400 -- --
2023 $2,823 $46,400 $0 $0
2022 $2,762 $46,400 $0 $0
2021 $2,748 $46,400 $0 $0
2020 $2,622 $46,400 $0 $0
2019 $2,574 $46,400 $0 $0
2018 $1,713 $46,400 $0 $0
2017 $2,364 $46,400 $0 $0
2016 $2,345 $46,400 $0 $0
2015 $2,246 $46,400 $0 $0
2014 $2,246 $46,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Red Chahid

    Seller's Agent in 2023

    Red Chahid

    Yellow Keys Realty, LLC

    (610) 517-8000

    103 in this area

    129 Total Sales

    Red Chahid
    Section Image
  • Carrol Cosmo

    Buyer's Agent in 2023

    Carrol Cosmo

    Keller Williams Real Estate-Blue Bell

    (484) 688-4221

    36 in this area

    68 Total Sales

    Carrol Cosmo
    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC2058394

Bright MLS

APN: 13-00-28716-008

Pennsylvania Montgomery County Norristown 19401

228 E Oak St Unit 42, Norristown, PA

This home is located at 228 E Oak St Unit 42, Norristown, PA 19401 since 25 November 2022 and is currently estimated at $266,458, approximately $127 per square foot. This property was built in 1900. 228 E Oak St Unit 42 is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Marshall Street Elementary School, and East Norriton Middle School.

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