NOT LISTED FOR SALE

27 W Spruce St Norristown, PA 19401

Estimated Value: $151,000 - $200,000

3 Beds
1 Bath
1,092 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $44,000 $40 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $1,133/month

Highlights

  • Straight Thru Architecture
  • Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of May 2015

Well-maintained, tenant-occupied TURNKEY investment property. 3-bedroom rowhome. Near Norristown library.

Last Agent to Sell the Property

John Gambino

(484) 994-1030 gambinoproperties@comcast.net RE/MAX Services Listed on: 03/07/2015

RE/MAX Services

Last Buyer's Agent

Gregory Martire

(484) 997-8068 GregoryMartire@gmail.com Springer Realty Group License #RS225353L

Springer Realty Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1916

Lot Details

  • 1,680

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 1,680 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 064
  • Assessor Parcel Number 13-00-34232-009

Townhouse Details

Home Type

Townhome

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Remarks Public: Well-maintained, tenant-occupied TURNKEY investment property. 3-bedroom rowhome. Near Norristown library.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Net Sq Ft: 1092.00
  • Price Per Sq Ft: 45.79
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.04
  • Lot Dimensions: 14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1680.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 621688
  • Tax Annual Amount: 2294.00
  • Assessor Parcel Number: 13-00-34232-009
  • Tax Lot: 064
  • Tax Year: 2015
  • Close Date: 05/11/2015

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2015
Closed on
May 6, 2015
Sold by
15 Roberts Alley Llc
Bought by
Xu Yueping
Seller's Agent
John Gambino
RE/MAX Services
Buyer's Agent
Gregory Martire
Springer Realty Group
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%
Current Estimated Value
$167,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,344
Avg. Annual Appreciation
13.68%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Larson Scott and Larson Maria
Bought by
27 W Spruce Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Sosnader Glenn P
Bought by
Larson Scott and Larson Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Steele George
Bought by
Sosnader Glen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.95%
Mortgage Type
New Conventional
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
Xu Yueping $132,000 None Available
27 W Spruce Street Llc $76,266 None Available
Larson Scott $90,000 --
Sosnader Glen P $56,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 27 W Spruce Street Llc $965,000
Previous Owner Larson Scott $81,000
Previous Owner Sosnader Glen P $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $44,000 -12.0% $40 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $50,000 -- $46 / 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 $2,907 $47,370 $21,230 $26,140
2024 $2,907 $47,370 $21,230 $26,140
2023 $2,881 $47,370 $21,230 $26,140
2022 $2,819 $47,370 $21,230 $26,140
2021 $2,806 $47,370 $21,230 $26,140
2020 $2,676 $47,370 $21,230 $26,140
2019 $1,989 $47,370 $21,230 $26,140
2018 $1,749 $47,370 $21,230 $26,140
2017 $2,413 $47,370 $21,230 $26,140
2016 $2,395 $47,370 $21,230 $26,140
2015 -- $47,370 $21,230 $26,140
2014 -- $47,370 $21,230 $26,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002547498

Bright MLS

APN: 13-00-34232-009