Seller's Agent in 2020
Nick Raimo
Keller Williams Real Estate-Montgomeryville
(215) 896-4949
3 in this area
73 Total Sales
320 W Fornance St Norristown, PA 19401
Estimated Value: $293,000 - $311,000
--
Bed
3
Baths
2,356
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Radiator
About This Home
As of July 2020INVESTOR ALERT! Great investment opportunity for a full-time investor, or someone looking to live in one unit and rent the other two. Well maintained triplex and detached one-car garage. Refrigerators in each unit included.. Unit 1 is spacious with larger Kitchen and Living Room and two bedrooms. Two entrances. 2nd floor unit (Unit 2) totally renovated with new carpets, paint, updated kitchen. Unit 3 has new tile in the shower. Common area in the Basement for tenant storage and potential Laundry. Additional storage in the Basement for Owner as well. Newer gas Heater (2013) and new gas Hot Water Heater. Newer windows in 1st and 2nd floors. Fully rented. Great block close to bus and train. Owner pays water, sewer and heat. 24 hours needed to show. Call to make your appointment today!
Last Agent to Sell the Property
(215) 896-4949 nick@nickraimo.com Keller Williams Real Estate-Montgomeryville License #RS287867 Listed on: 01/16/2020
Last Buyer's Agent
(267) 253-1730 sharon.sabella@everyhome.com Element Realty, LLC License #177548L
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,509 Sq Ft Lot
- Lot Dimensions are 35.00 x 0.00
Parking
- Off-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,356 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Radiator
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for gas, heat, insurance, sewer, sewer maintenance, snow removal, trash collection, water, repairs, common area maintenance
- Tax Lot 025
- Assessor Parcel Number 13-00-12100-001
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2025
Sold by
Alejandro Family Revocable Living Trust and Alejandro Jonathan Raphae
Bought by
Alejandro Jonathan Raphael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,750
Outstanding Balance
$255,301
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$48,065
Purchase Details
Closed on
Dec 18, 2020
Sold by
Alejandro Jonathan
Bought by
Alejandro Family Trust
Purchase Details
Listed on
Jan 16, 2020
Closed on
Jun 20, 2020
Sold by
Pierantozzi Thomas A and Pierantozzi Patricia K
Bought by
Alejandro Jonathan
Seller's Agent
Nick Raimo
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Sharon Sabella
Element Realty, LLC
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$185,576
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2005
Sold by
Bruni Peter L and Bruni Michele
Bought by
Pierantozzi Thomas A and Pierantozzi Patricia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,912
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 1997
Sold by
Szarawara Michelle
Bought by
Bruni Peter L and Bruni Michelle
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 |
|---|---|---|---|
| Alejandro Jonathan Raphael | -- | Settlement Engine | |
| Alejandro Family Trust | -- | None Available | |
| Alejandro Jonathan | $189,000 | None Available | |
| Pierantozzi Thomas A | $193,640 | -- | |
| Bruni Peter L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alejandro Jonathan Raphael | $255,750 | |
| Previous Owner | Alejandro Jonathan | $185,576 | |
| Previous Owner | Pierantozzi Thomas A | $154,912 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $189,000 | -0.5% | $80 / Sq Ft |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 01/16/2020 01/16/20 | For Sale | $189,900 | -- | $81 / Sq Ft |
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 | $6,525 | $106,320 | $22,830 | $83,490 |
| 2024 | $6,525 | $106,320 | $22,830 | $83,490 |
| 2023 | $6,466 | $106,320 | $22,830 | $83,490 |
| 2022 | $6,328 | $106,320 | $22,830 | $83,490 |
| 2021 | $6,297 | $106,320 | $22,830 | $83,490 |
| 2020 | $6,007 | $106,320 | $22,830 | $83,490 |
| 2019 | $5,897 | $106,320 | $22,830 | $83,490 |
| 2018 | $3,925 | $106,320 | $22,830 | $83,490 |
| 2017 | $5,416 | $106,320 | $22,830 | $83,490 |
| 2016 | $5,374 | $106,320 | $22,830 | $83,490 |
| 2015 | $5,148 | $106,320 | $22,830 | $83,490 |
| 2014 | $5,148 | $106,320 | $22,830 | $83,490 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Raimo
-
Sharon Sabella
Buyer's Agent in 2020
Sharon Sabella
Element Realty, LLC
(267) 253-1730
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC635958
APN: 13-00-12100-001
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