NOT LISTED FOR SALE

244 W Main St Norristown, PA 19401

Estimated Value: $279,108

-- Bed
-- Bath
-- Sq Ft
1,474 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $110,000

Est. 154% increase in value since last sale

Current estimated payment $1,761/month

Highlights

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

About This Home

As of February 2021

Owner says make a DEAL now! Seller financing available. Great property with huge traffic count and exposure. Located a few blocks for the county court house. Commercial store first floor, apt on 2nd and 3rd floor. Also is in the Norristown Opportunity Zone which offers incentives to owner in the future. Check out the Norristown Website for more details. Property rents are below market. Possible additional rental income for sign on side of building. Property being sold strictly AS-IS.

Last Agent to Sell the Property

Craig Lerch

(267) 214-7728 craig@craiglerch.com EXP Realty, LLC Listed on: 04/01/2020

EXP Realty, LLC

Co-Listed By

TJ Lonergan

(215) 480-3773 tjlonergan@kw.com Keller Williams Real Estate-Doylestown License #RS344659

Last Buyer's Agent

Stephen Izzi

(856) 662-6565 sizzi@sjijackson.com SJI Jackson Realty, LLC License #RS183121L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,474 Sq Ft Lot
  • Lot Dimensions are 17.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Stucco

Utilities

  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 13-00-22528-004

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: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1474.00
  • Zoning: TC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 618637
  • School Tax: 2296.00
  • Tax Annual Amount: 3435.00
  • Assessor Parcel Number: 13-00-22528-004
  • Tax Lot: 007
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Shree Satyanarayan Inc
Bought by
Look Realty Llc
Current Estimated Value
$279,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$208,826
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$70,282

Purchase Details

Closed on
Jun 10, 2021
Sold by
Merrone Anthony
Bought by
Shree Satyanarayan Inc

Purchase Details

Listed on
Apr 1, 2020
Closed on
Feb 4, 2021
Sold by
Par Ventures Llc
Bought by
Merrone Anthony
Seller's Agent
Craig Lerch
EXP Realty, LLC
Buyer's Agent
Stephen Izzi
SJI Jackson Realty, LLC
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%
Original Mortgage
$80,000
Interest Rate
2.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 2018
Sold by
Henry 33 Llc
Bought by
Par Ventures Llc

Purchase Details

Closed on
Feb 6, 2008
Sold by
3-D Real Estate Investors I Lp
Bought by
2-D Development Llc

Purchase Details

Closed on
Jun 25, 2004
Sold by
Capone Andrew G
Bought by
3 D Real Est Invest I Lp
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
Look Realty Llc $265,000 Suburban Philadelphia Abstract
Shree Satyanarayan Inc $170,000 None Available
Merrone Anthony $110,000 None Available
Par Ventures Llc -- None Available
2-D Development Llc -- None Available
3 D Real Est Invest I Lp $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Look Realty Llc $212,000
Previous Owner Merrone Anthony $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $110,000 -21.4% --
01/17/2021 01/17/21 Pending -- -- --
10/06/2020 10/06/20 Price Changed $139,900 -6.7% --
10/02/2020 10/02/20 Price Changed $149,900 -6.3% --
04/02/2020 04/02/20 Price Changed $159,900 +33.4% --
04/01/2020 04/01/20 For Sale $119,900 -- --
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 $3,561 $58,000 -- --
2024 $3,561 $58,000 -- --
2023 $3,529 $58,000 $0 $0
2022 $3,452 $58,000 $0 $0
2021 $3,435 $58,000 $0 $0
2020 $3,277 $58,000 $0 $0
2019 $3,217 $58,000 $0 $0
2018 $2,141 $58,000 $0 $0
2017 $2,954 $58,000 $0 $0
2016 $2,933 $58,000 $0 $0
2015 $2,809 $58,000 $0 $0
2014 $2,809 $58,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Craig Lerch

    EXP Realty, LLC

    Section Image
  • TJ Lonergan

    Seller Co-Listing Agent in 2021

    TJ Lonergan

    Keller Williams Real Estate-Doylestown

    (215) 480-3773

    2 in this area

    15 Total Sales

    TJ Lonergan
    Section Image

  • S

    Buyer's Agent in 2021

    Stephen Izzi

    SJI Jackson Realty, LLC

    (856) 662-6565

    4 in this area

    12 Total Sales

    Stephen Izzi
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC645790

Bright MLS

APN: 13-00-22528-004

Pennsylvania Montgomery County Norristown 19401

244 W Main St, Norristown, PA

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