Seller's Agent in 2023
Mike Chen
Home Max Realty
(215) 820-1621
2 in this area
142 Total Sales
30 W Main St Norristown, PA 19401
Estimated Value: $584,697
--
Bed
--
Bath
--
Sq Ft
2,127
Sq Ft Lot
About This Home
As of June 2023Great 3 story commercial mixed used property locates in the core of downtown Norristown for sale! The building and real estate for sale only! The sale price includes the entire building 30-32 W Main St , 2 commercial spaces plus the 2 residential units on the 2nd and 3rd FL. One of the commercial space runs as self service laundromat. The laundromat will be close when the new owner take over. It is great opportunity for the new owner to run their own business or turn it into a rental space with potential rent of $1500-$1800/month. there is a small bedroom or resting area in the 2/F rear of the laundromat , a bathroom plus a standing shower stall in the basement. 2nd commercial space is currently leased to a Chinese restaurant. The business is NOT INCLUDED IN THE SALE. The restaurant has been there since 2003. The restaurant has long term leases and business is very stable . tenant pays $1500/ month . 2x2 bedrooms apartments upstairs , one is rented for $750/ month way below the fair market rent. The other apartment has been recently remodeled and rented for $1100/month. All separate meters . tenants pay their own bills. A truly must see and must buy! will not last long .
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,994
Year Built
- Built in 1900
Lot Details
- 2,127 Sq Ft Lot
- Lot Dimensions are 26.00 x 0.00
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Permanent Foundation
Accessible Home Design
- Doors are 32 inches wide or more
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 13-00-22388-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2023
Closed on
Jun 5, 2023
Sold by
Wang Lin Xia
Bought by
Gm Brothers Llc
Seller's Agent
Mike Chen
Home Max Realty
Buyer's Agent
NAV KALER
BHHS Fox&Roach-Newtown Square
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,697
Avg. Annual Appreciation
3.57%
Purchase Details
Closed on
Mar 15, 2021
Sold by
Zhang Qun and Wang Lin Xia
Bought by
Wang Lin Xia
Purchase Details
Closed on
Sep 29, 2003
Sold by
Zhang Qun and Wang Lin
Bought by
Woori Amer Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 14, 1995
Sold by
Patel Jivan C and Patel Geeta J
Bought by
Vaswani Hira M
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 |
|---|---|---|---|
| Gm Brothers Llc | $540,000 | Trident Land Transfer | |
| Wang Lin Xia | -- | None Available | |
| Woori Amer Bank | -- | -- | |
| Zhang Qun | $230,000 | -- | |
| Vaswani Hira M | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhang Qun | $200,000 | |
| Previous Owner | Wang Lin Xia | $70,000 | |
| Previous Owner | Zhang Qun | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $540,000 | -1.8% | -- |
| 01/31/2023 01/31/23 | For Sale | $550,000 | -- | -- |
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 | $7,059 | $114,980 | $38,600 | $76,380 |
| 2024 | $7,059 | $114,980 | $38,600 | $76,380 |
| 2023 | $6,995 | $114,980 | $38,600 | $76,380 |
| 2022 | $6,843 | $114,980 | $38,600 | $76,380 |
| 2021 | $6,810 | $114,980 | $38,600 | $76,380 |
| 2020 | $6,496 | $114,980 | $38,600 | $76,380 |
| 2019 | $6,378 | $114,980 | $38,600 | $76,380 |
| 2018 | $4,245 | $114,980 | $38,600 | $76,380 |
| 2017 | $5,857 | $114,980 | $38,600 | $76,380 |
| 2016 | $5,812 | $114,980 | $38,600 | $76,380 |
| 2015 | $5,567 | $114,980 | $38,600 | $76,380 |
| 2014 | $5,567 | $114,980 | $38,600 | $76,380 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Chen
-
NAV KALER
Buyer's Agent in 2023
NAV KALER
BHHS Fox & Roach
(267) 922-1066
2 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2062770
APN: 13-00-22388-009
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