NOT LISTED FOR SALE

307 E Fornance St Norristown, PA 19401

Estimated Value: $266,000 - $296,000

-- Bed
2 Baths
1,536 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 09, 2017

Last sale price $200,000 $130 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,849/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Ceiling Fan
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 3-minute walk to Bartasch Park

About This Home

As of December 2017

New Carpet 2nd Floor, Redid Hardwood Floors 1st Floor,1st Floor New Stove,1st Floor New Vanity, Some New Windows.Both units have access to basement. Separate Gas Heaters.Be a part of the Norristown Revitalization. Norristown is located in southeastern Pennsylvania, approximately 6 miles (10 km) northwest of Philadelphia.Minutes to The Lafayette Street Extension Project which will significantly improve access to Norristown and its Main Street and riverfront as well as Plymouth Township's Ridge Pike and Conshohocken Road corridors, providing a transportation framework that will spur economic development. It will: Improve local road connections between Norristown and Plymouth Township. Reconstruct and widen existing Lafayette Street in Norristown and extend it to Diamond Avenue.The Lafayette Street Extension Project has strong local, regional, state, and federal support, with the county acting as project manager. The project is consistent with Norristown's adopted plans, including the Norristown Economic Revitalization Strategy and Norristown's comprehensive plan.

Last Agent to Sell the Property

George Korkus

(610) 213-9200 georgekorkus@comcast.net Realty Mark Associates - KOP License #AB042252A Listed on: 03/22/2017

Realty Mark Associates - KOP

Last Buyer's Agent

Walter Butler

(215) 430-1068 thebutlerkwteam@gmail.com Keller Williams Real Estate Tri-County License #AB069113

Keller Williams Real Estate Tri-County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1957

Lot Details

  • 3,208 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,536 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $3,286

Listing and Financial Details

  • Tax Lot 069
  • Assessor Parcel Number 13-00-11904-107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,286

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1957
  • Remarks Public: New Carpet 2nd Floor, Redid Hardwood Floors 1st Floor,1st Floor New Stove,1st Floor New Vanity, Some New Windows.Both units have access to basement. Separate Gas Heaters.Be a part of the Norristown Revitalization. Norristown is located in southeastern Pennsylvania, approximately 6 miles (10 km) northwest of Philadelphia.Minutes to The Lafayette Street Extension Project which will significantly improve access to Norristown and its Main Street and riverfront as well as Plymouth Township's Ridge Pike and Conshohocken Road corridors, providing a transportation framework that will spur economic development. It will: Improve local road connections between Norristown and Plymouth Township. Reconstruct and widen existing Lafayette Street in Norristown and extend it to Diamond Avenue.The Lafayette Street Extension Project has strong local, regional, state, and federal support, with the county acting as project manager. The project is consistent with Norristown's adopted plans, including the Norristown Economic Revitalization Strategy and Norristown's comprehensive plan.
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 129.56
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 1132
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3208.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21840.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 615963
  • Tax Annual Amount: 3286.00
  • Assessor Parcel Number: 13-00-11904-107
  • Tax Lot: 069
  • Tax Year: 2017
  • Close Date: 12/09/2017

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Dec 20, 2017
Sold by
Batchler William and Batchler Patricia
Bought by
Hart Robert
Seller's Agent
George Korkus
Realty Mark Associates - KOP
Buyer's Agent
Walter Butler
Keller Williams Real Estate Tri-County
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$286,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,152
Avg. Annual Appreciation
3.78%
Original Mortgage
$141,000
Outstanding Balance
$120,246
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$147,055

Purchase Details

Closed on
Dec 12, 2000
Sold by
Delligatti Raffaele and Delligatti Raffaela
Bought by
Delligatti Raffaele and Delligatti Raffaela
Source: Public Records

Range of Values:

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Average Value
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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
Hart Robert $189,000 --
Delligatti Raffaele -- Germantown Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Robert $193,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2017 12/09/17 Sold $200,000 +0.5% $130 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
08/19/2017 08/19/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $199,000 0.0% $130 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
04/21/2017 04/21/17 Price Changed $199,000 -4.8% $130 / Sq Ft
03/22/2017 03/22/17 For Sale $209,000 -- $136 / 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 $3,989 $65,000 $15,000 $50,000
2024 $3,989 $65,000 $15,000 $50,000
2023 $3,953 $65,000 $15,000 $50,000
2022 $3,869 $65,000 $15,000 $50,000
2021 $3,850 $65,000 $15,000 $50,000
2020 $3,673 $65,000 $15,000 $50,000
2019 $3,605 $65,000 $15,000 $50,000
2018 $2,400 $65,000 $15,000 $50,000
2017 $3,311 $65,000 $15,000 $50,000
2016 $3,286 $65,000 $15,000 $50,000
2015 $3,148 $65,000 $15,000 $50,000
2014 $3,148 $65,000 $15,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000272931

Bright MLS

APN: 13-00-11904-107