NOT LISTED FOR SALE

236 W Main St Norristown, PA 19401

Estimated Value: $278,000

-- Bed
-- Bath
2,438 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $190,100 $78 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,744/month

Highlights

  • Traditional Architecture
  • 1-minute walk to Main Street (Norristown)
  • 3-minute walk to Crawford Park
  • No HOA

About This Home

As of September 2020

Fantastic Investment opportunity for savvy investors. Fully occupied triplex in the heart of Norristown. Good Income producing property...long term tenants. Unit 1 is a 2 bedroom unit - $950 mo: Unit 2 is a 3 bedroom unit - $1,000 mo. & Unit 3 is a one bedroom unit - $700 mo. Close to public transportation, major roadways and retail shops. Seller is motivated, Selling AS-IS... make your appointment today and add this stellar property to your investment portfolio.

Last Agent to Sell the Property

Lazaros Karasavas

(267) 939-0452 lazarosk@remax.net RE/MAX Centre Realtors License #292278 Listed on: 08/12/2020

RE/MAX Centre Realtors

Co-Listed By

Maria Imle

(267) 278-2080 maria@agentpa.com RE/MAX Centre Realtors

Last Buyer's Agent

Lazaros Karasavas

(267) 939-0452 lazarosk@remax.net RE/MAX Centre Realtors License #292278 Listed on: 08/12/2020

RE/MAX Centre Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1900

Lot Details

  • 1,744 Sq Ft Lot
  • Lot Dimensions are 17.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 2,438 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof

Schools

  • Norristown Area High School

Utilities

  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 13-00-22512-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,241

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-08-12
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2438
  • Above Grade Unfinished Sq Ft: 2438
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • 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: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1744.00
  • Zoning: TC

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Total Actual Rent: 31800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 618633
  • School Tax: 2211.00
  • Tax Annual Amount: 3241.00
  • Assessor Parcel Number: 13-00-22512-002
  • Tax Lot: 011
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 18, 2020
Sold by
Henderson Mako K
Bought by
Household Rentals Llc
Seller's Agent
Lazaros Karasavas
RE/MAX Centre Realtors
Buyer's Agent
Lazaros Karasavas
RE/MAX Centre Realtors
List Price
$199,900
Sold Price
$190,100
Premium/Discount to List
-$9,800
-4.9%
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,900
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jul 11, 2019
Sold by
Ohara Eugene T
Bought by
Henderson Mako K
Seller's Agent
Julie Boland
Coldwell Banker Realty
Buyer's Agent
Lazaros Karasavas
RE/MAX Centre Realtors
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
18.71%
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
Household Rentals Llc $190,100 None Available
Henderson Mako K $155,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $190,100 -4.9% $78 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $199,900 +29.0% $82 / Sq Ft
07/11/2019 07/11/19 Sold $155,000 -6.1% $66 / Sq Ft View Prior Sale
06/14/2019 06/14/19 Price Changed $165,000 +6.5% $70 / Sq Ft
06/11/2019 06/11/19 Price Changed $155,000 -13.9% $66 / Sq Ft
05/13/2019 05/13/19 Price Changed $180,000 -5.3% $76 / Sq Ft
11/21/2018 11/21/18 Price Changed $190,000 -7.3% $80 / Sq Ft
11/07/2018 11/07/18 For Sale $205,000 -- $87 / 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 $3,427 $55,830 $33,470 $22,360
2024 $3,427 $55,830 $33,470 $22,360
2023 $3,397 $55,830 $33,470 $22,360
2022 $3,323 $55,830 $33,470 $22,360
2021 $3,307 $55,830 $33,470 $22,360
2020 $3,154 $55,830 $33,470 $22,360
2019 $3,097 $55,830 $33,470 $22,360
2018 $2,061 $55,830 $33,470 $22,360
2017 $2,844 $55,830 $33,470 $22,360
2016 $2,822 $55,830 $33,470 $22,360
2015 $2,703 $55,830 $33,470 $22,360
2014 $2,703 $55,830 $33,470 $22,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC659592

Bright MLS

APN: 13-00-22512-002