Seller's Agent in 2019
Julie Boland
Coldwell Banker Realty
(610) 745-2800
1 in this area
69 Total Sales
234 W Main St Norristown, PA 19401
Estimated Value: $284,374
--
Bed
--
Bath
2,098
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- No HOA
- 1-minute walk to Main Street (Norristown)
- 3-minute walk to Crawford Park
- En-Suite Primary Bedroom
- Electric Baseboard Heater
About This Home
As of November 2019Mixed-use property containing 2,098 square feet in a detached, masonry brick, part one, part two and part three-story building; site improvements includes concrete curb and sidewalk. Fully occupied with third-party tenants: retail store front at the first floor-front; and bi-level, three-bedroom apartment on second and third floors The first floor has a commercial unit accessed along the front elevation and also a rear door from the adjacent parking lot. The commercial unit is mostly a large, open store area but has a back room and powder room. There is a separate rear door leading to the stairway to the upper floor apartment. The basement is accessed via bulk-head door in the front sidewalk and interior stairway. The unfinished basement has utilities. The upper floor apartment has three bedrooms, a living room, kitchen, and bathroom. Property located in downtown area of Norristown, blocks from Montgomery County Courthouse and Transportation Center Hub. Property is zoned TC- Town Center. The commercial unit contains a service business with lease that expires in March 2020. The upper floor apartment has a tenant with term left until September 2019. All meters are separated. Good income producing property. Current Rental income totals - $1,800 per month.
Last Agent to Sell the Property
(610) 745-2800 julie.boland@cbpref.com Coldwell Banker Realty License #RS319914 Listed on: 11/07/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,078
Year Built
- Built in 1900
Lot Details
- 1,504 Sq Ft Lot
- Property is in good condition
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- En-Suite Primary Bedroom
- 2,098 Sq Ft Home
- Partial Basement
Parking
- Free Parking
- On-Street Parking
Schools
- Norristown Area High School
Utilities
- Electric Baseboard Heater
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 012
- Assessor Parcel Number 13-00-22508-006
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Electric Expense $360
- Insurance Expense $1,200
- Maintenance Expense $944
- Other Expense $1,474
- Operating Expense $7,856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2024
Sold by
Sueons Llc
Bought by
Look Realty Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$212,766
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$71,608
Purchase Details
Listed on
Nov 7, 2018
Closed on
Nov 26, 2019
Sold by
Ohara Eugene T
Bought by
Suenos Llc
Seller's Agent
Julie Boland
Coldwell Banker Realty
Buyer's Agent
Jori Matison Broad
Coldwell Banker Realty
List Price
$205,000
Sold Price
$155,000
Premium/Discount to List
-$50,000
-24.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$116,250
Interest Rate
3.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Look Realty Llc | $270,000 | Suburban Philadelphia Abstract | |
| Look Realty Llc | $270,000 | Suburban Philadelphia Abstract | |
| Suenos Llc | $155,000 | Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Look Realty Llc | $216,000 | |
| Closed | Look Realty Llc | $216,000 | |
| Previous Owner | Suenos Llc | $116,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2019 11/26/19 | Sold | $155,000 | 0.0% | $74 / Sq Ft |
| 10/15/2019 10/15/19 | Pending | -- | -- | -- |
| 06/11/2019 06/11/19 | Price Changed | $155,000 | -13.9% | $74 / Sq Ft |
| 01/23/2019 01/23/19 | Price Changed | $180,000 | -5.3% | $86 / Sq Ft |
| 11/21/2018 11/21/18 | Price Changed | $190,000 | -7.3% | $91 / Sq Ft |
| 11/07/2018 11/07/18 | For Sale | $205,000 | -- | $98 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,406 | $55,490 | $32,780 | $22,710 |
| 2024 | $3,406 | $55,490 | $32,780 | $22,710 |
| 2023 | $3,375 | $55,490 | $32,780 | $22,710 |
| 2022 | $3,303 | $55,490 | $32,780 | $22,710 |
| 2021 | $3,286 | $55,490 | $32,780 | $22,710 |
| 2020 | $3,135 | $55,490 | $32,780 | $22,710 |
| 2019 | $3,078 | $55,490 | $32,780 | $22,710 |
| 2018 | $2,049 | $55,490 | $32,780 | $22,710 |
| 2017 | $2,827 | $55,490 | $32,780 | $22,710 |
| 2016 | $2,805 | $55,490 | $32,780 | $22,710 |
| 2015 | $2,687 | $55,490 | $32,780 | $22,710 |
| 2014 | $2,687 | $55,490 | $32,780 | $22,710 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Boland
-
Jori Matison Broad
Buyer's Agent in 2019
Jori Matison Broad
Coldwell Banker Realty
(215) 370-7363
2 in this area
62 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC103770
APN: 13-00-22508-006
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