NOT LISTED FOR SALE

234 E Chestnut St Norristown, PA 19401

Estimated Value: $153,000 - $232,608

-- Bed
2 Baths
2,086 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $72,000 $35 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,326/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating System

About This Home

As of June 2013

INVESTOR ALERT....Duplex. Received $1,600 a month rent. Seperate heat and seperate electric, seperate hot water. New roof. Tenant pays utilities. This is a turn key operation. Unit #2--new paint, new tile floor in kitchen and bathroom. Norristown U&O has been completed. Both units are occupied. Priced right for quick settlement.

Last Agent to Sell the Property

Rita Dean

RDean811@comcast.net Class A Realty Corporation License #TREND:218394 Listed on: 11/09/2012

Last Buyer's Agent

Jim Becker

(610) 420-5427 jim.becker@evrealestate.com Engel & Völkers License #RM424584

Engel & Völkers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,760 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,086 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Schools

  • Norristown Area High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 016
  • Assessor Parcel Number 13-00-08520-008

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $800
  • Operating Expense $3,131

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2086
  • Living Area Sq Ft: 2086
  • Price Per Sq Ft: 35.95
  • Above Grade Finished Sq Ft: 2086
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • School District Key: 300200397035
  • High School: NORRISTOWN AREA

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1760.00
  • Property Attached Yn: Yes
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 19200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 615096
  • Tax Annual Amount: 2331.0
  • Assessor Parcel Number: 13-00-08520-008
  • Tax Lot: 016
  • Tax Year: 2012
  • Close Date: 06/12/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
Jun 6, 2013
Sold by
Dean Barry P and Dean Rita
Bought by
Clean Slate Properties Llc
Seller's Agent
Rita Dean
Class A Realty Corporation
Buyer's Agent
Jim Becker
Engel & Völkers
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Current Estimated Value
$203,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,902
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Tyson Lance J and Tyson Lisa A
Bought by
Dean Barry P and Dean Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
5.82%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Associates Consumer Discount Company
Bought by
Tyson Lance J and Tyson Lisa A

Purchase Details

Closed on
Nov 30, 1999
Sold by
Thomas Richard and Thomas Ann P
Bought by
Associates Consumer Discount Company

Purchase Details

Closed on
May 3, 1996
Sold by
Colonial Financial Lp
Bought by
Thomas Richard and Thomas Ann P

Purchase Details

Closed on
Apr 22, 1996
Sold by
Lalley Francis P
Bought by
Colonial Financial Lp
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
Clean Slate Properties Llc $72,000 None Available
Dean Barry P $72,500 --
Tyson Lance J $37,900 --
Associates Consumer Discount Company $1,406 --
Thomas Richard $33,500 --
Colonial Financial Lp $1,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Barry P $65,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $72,000 -4.0% $35 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $75,000 -- $36 / 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 $3,083 $45,820 -- --
2024 $3,083 $50,220 $21,260 $28,960
2023 $3,056 $50,220 $21,260 $28,960
2022 $2,989 $50,220 $21,260 $28,960
2021 $2,974 $50,220 $21,260 $28,960
2020 $2,837 $50,220 $21,260 $28,960
2019 $2,786 $50,220 $21,260 $28,960
2018 $1,854 $50,220 $21,260 $28,960
2017 $2,558 $50,220 $21,260 $28,960
2016 $2,539 $50,220 $21,260 $28,960
2015 $2,432 $50,220 $21,260 $28,960
2014 $2,432 $50,220 $21,260 $28,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003445093

Bright MLS

APN: 13-00-08520-008