NOT LISTED FOR SALE

2900 Penn Square Rd Norristown, PA 19401

Estimated Value: $436,510

3 Beds
1.5 Baths
1,881 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $370,000 $197 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,829/month

29 Days on Market

Highlights

  • Rambler Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of May 2022

Valuable, highly exposed, well maintained Germantown Pike corner property is waiting for an investor/business entrepreneur or resident at the property to operate a small income-producing business. This full commercially zoned, a fence surrounded ranch property has a large living room, 3 bedrooms, full hall bath, kitchen, sunroom w/tile floor, storage shed, private backyard, inside access to one car garage, full basement and nearly 600 sq/ft of retail space for various businesses use (Previously used as Beauty salon, Uniform retail shop..etc.). Each room controls its own heating and the back bedroom has access to the storage room for the retail area which has its own powder room and down to the basement for more storage and utility access. Electric HW heater, laundry hookup, sump pump with battery backup, public water and sewer, 200+ amp service. Exterior finished with brick and vinyl siding, driveway, separate paved area for customer parking and entry to the retail space. High traffic volume! Super visible!! Walking distance to LA Fitness and Panera Bread. Convenient access to major roads including PA-Turnpike, RT. 476, RT. 76 and RT. 202!!!

Last Agent to Sell the Property

Lisa Lim

RE/MAX Services License #RS336392 Listed on: 03/17/2022

RE/MAX Services

Co-Listed By

Steve Lee

RE/MAX Services License #RS314010

Last Buyer's Agent

David Xu

Tesla Realty Group, LLC License #RS332094

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1954

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 120.00 x 0.00
  • Corner Lot
  • Level Lot
  • Property is in excellent condition
  • Zoning described as Commercial District

Home Design

  • Rambler Architecture
  • Block Foundation
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • 1,881 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Penn Sq Subdivision

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 33-00-06775-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,525

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Ref, Washer, Dryer, Freezer, Lawn Equipment, Snow Blower, Generator
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Valuable, highly exposed, well maintained Germantown Pike corner property is waiting for an investor/business entrepreneur or resident at the property to operate a small income-producing business. This full commercially zoned, a fence surrounded ranch property has a large living room, 3 bedrooms, full hall bath, kitchen, sunroom w/tile floor, storage shed, private backyard, inside access to one car garage, full basement and nearly 600 sq/ft of retail space for various businesses use (Previously used as Beauty salon, Uniform retail shop..etc.). Each room controls its own heating and the back bedroom has access to the storage room for the retail area which has its own powder room and down to the basement for more storage and utility access. Electric HW heater, laundry hookup, sump pump with battery backup, public water and sewer, 200+ amp service. Exterior finished with brick and vinyl siding, driveway, separate paved area for customer parking and entry to the retail space. High traffic volume! Super visible!! Walking distance to LA Fitness and Panera Bread. Convenient access to major roads including PA-Turnpike, RT. 476, RT. 76 and RT. 202!!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Hardwood, Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor, Basement
  • Total Sq Ft: 1881
  • Living Area Sq Ft: 1881
  • Price Per Sq Ft: 212.12
  • Above Grade Finished Sq Ft: 1881
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2900

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.23
  • Lot Dimensions: 120.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9900.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: C
  • Zoning Description: Commercial District

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 682141
  • School Tax: 4731.00
  • Tax Annual Amount: 5525.00
  • Assessor Parcel Number: 33-00-06775-005
  • Tax Lot: 010
  • Tax Total Finished Sq Ft: 1881
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/24/2022

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2009
Sold by
Conley Tr Linda M
Bought by
Shin In Hee and Shin Hyun Tae
Current Estimated Value
$436,510

Purchase Details

Closed on
Apr 19, 2000
Sold by
Schurr Darwin E and Schurr Audrey L
Bought by
The Audrey L Schurr Family Trust
Source: Public Records

Range of Values:

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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
Shin In Hee $350,000 None Available
The Audrey L Schurr Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $370,000 -7.3% $197 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $399,000 -11.1% $212 / Sq Ft
03/17/2022 03/17/22 For Sale $449,000 -- $239 / 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 $5,629 $119,480 $56,720 $62,760
2024 $5,629 $119,480 $56,720 $62,760
2023 $5,563 $119,480 $56,720 $62,760
2022 $5,525 $119,480 $56,720 $62,760
2021 $5,490 $119,480 $56,720 $62,760
2020 $5,320 $119,480 $56,720 $62,760
2019 $5,197 $119,480 $56,720 $62,760
2018 $5,197 $119,480 $56,720 $62,760
2017 $4,894 $119,480 $56,720 $62,760
2016 $4,848 $119,480 $56,720 $62,760
2015 $4,595 $119,480 $56,720 $62,760
2014 $4,595 $119,480 $56,720 $62,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2031376

Bright MLS

APN: 33-00-06775-005