NOT LISTED FOR SALE

229 E Basin St Norristown, PA 19401

Estimated Value: $128,000 - $232,000

3 Beds
1 Bath
1,243 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $80,000 $64 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,169/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • Asbestos
  • No HOA

About This Home

As of January 2022

Awaiting your creative genius, you will find 229 E. Basin St. A twin offering over 1,200 of interior living space which is expanded through the 2.5 story layout. The first floor offers a living room, formal dining room and galley style kitchen with exit to the handsomely sized rear yard. The center positioned stairway leads you to the upper level where you will find 2 bedrooms and a full hall bath. Another set of steps will lead you to the 3rd floor where you will find more living space and another bedroom. This property is convenient to public transportation, Main St. Dekalb Pk, the Montgomery County Courthouse, and Norristown's Septa HUB. Great investment opportunity!!

Last Agent to Sell the Property

Christopher Nelson

Genstone Realty Listed on: 11/30/2021

Last Buyer's Agent

Gregory Martire

Springer Realty Group License #RS225353L

Springer Realty Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1875

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Stone Foundation
  • Asbestos

Interior Spaces

  • 1,243 Sq Ft Home
  • Property has 2.5 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Schools

  • Norristown Area High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Above Ground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 066
  • Assessor Parcel Number 13-00-04136-009

Townhouse Details

Home Type

Townhome

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: Awaiting your creative genius, you will find 229 E. Basin St. A twin offering over 1,200 of interior living space which is expanded through the 2.5 story layout. The first floor offers a living room, formal dining room and galley style kitchen with exit to the handsomely sized rear yard. The center positioned stairway leads you to the upper level where you will find 2 bedrooms and a full hall bath. Another set of steps will lead you to the 3rd floor where you will find more living space and another bedroom. This property is convenient to public transportation, Main St. Dekalb Pk, the Montgomery County Courthouse, and Norristown's Septa HUB. Great investment opportunity!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Dirt Floor, Full, Interior Access, Unfinished
  • Total Sq Ft: 1243
  • Living Area Sq Ft: 1243
  • Price Per Sq Ft: 72.33
  • Above Grade Finished Sq Ft: 1243
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

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: Asbestos
  • 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
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Above Ground, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • High School Source: 3rd Party
  • School District Key: 300200397035
  • School District Source: 3rd Party
  • High School: NORRISTOWN AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Property Condition: Below Average
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 613951
  • School Tax: 1959.00
  • Tax Annual Amount: 2931.00
  • Assessor Parcel Number: 13-00-04136-009
  • Tax Lot: 066
  • Tax Total Finished Sq Ft: 1243
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/06/2022

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 6, 2022
Sold by
Brown Tina L
Bought by
Lartey Benjamin Kusi
Seller's Agent
Christopher Nelson
Genstone Realty
Buyer's Agent
Gregory Martire
Springer Realty Group
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Total Days on Market
7
Current Estimated Value
$163,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,890
Avg. Annual Appreciation
21.40%
Original Mortgage
$64,000
Outstanding Balance
$59,997
Interest Rate
3.56%
Mortgage Type
Balloon
Estimated Equity
$95,880

Purchase Details

Closed on
Jan 15, 1990
Bought by
Brown Tina L
Source: Public Records

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Range of Values:

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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
Lartey Benjamin Kusi $80,000 None Listed On Document
Brown Tina L $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lartey Benjamin Kusi $64,000
Closed Lartey Benjamin Kusi $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $80,000 -11.0% $64 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $89,900 -- $72 / 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 $3,037 $49,480 $20,320 $29,160
2023 $3,010 $49,480 $20,320 $29,160
2022 $2,945 $49,480 $20,320 $29,160
2021 $2,931 $49,480 $20,320 $29,160
2020 $2,796 $49,480 $20,320 $29,160
2019 $2,745 $49,480 $20,320 $29,160
2018 $1,827 $49,480 $20,320 $29,160
2017 $2,520 $49,480 $20,320 $29,160
2016 $2,501 $49,480 $20,320 $29,160
2015 $2,396 $49,480 $20,320 $29,160
2014 $2,396 $49,480 $20,320 $29,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2017906

Bright MLS

APN: 13-00-04136-009