NOT LISTED FOR SALE

321 E Marshall St Norristown, PA 19401

Estimated Value: $160,696 - $238,000

-- Bed
2 Baths
2,340 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $81,500 $35 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,254/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • Tile or Brick Flooring
  • Forced Air Heating System
  • 3-minute walk to Simmons Park

About This Home

As of March 2019

Single Detached 3 story Duplex walking distance to Borough Hall and County Courthouse. Incredibly large back yard with driveway. Both tenants are long term- 15 years of tenancy each. Rents are below market. property has great upside and potential. This is a short sale.

Last Agent to Sell the Property

Albert Yaghooty

(267) 344-7718 albertyaghooty@hotmail.com Rooster Realty Group Listed on: 09/26/2018

Last Buyer's Agent

Roman Ovrutsky

(267) 242-2588 roman.ovrutsky@gmail.com eRealty Advisors, Inc License #RS325249

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,200 Sq Ft Lot
  • South Facing Home
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,340 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Schools

  • Norristown Area High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 13-00-24716-003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Operating Expense $9,578

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerator And Stove In Units 1 And 2
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Single Detached 3 story Duplex walking distance to Borough Hall and County Courthouse. Incredibly large back yard with driveway. Both tenants are long term- 15 years of tenancy each. Rents are below market. property has great upside and potential. This is a short sale.
  • Special Features: 12

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 42.74
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 321

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Electric Expense: 300.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 5000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Property Condition: Below Average
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 619192
  • Tax Annual Amount: 2078.00
  • Assessor Parcel Number: 13-00-24716-003
  • Tax Lot: 010
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/07/2019

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Gratz Stanley and Gratz Douglas
Bought by
Gratz Real Estate Acquisition Team Llc
Current Estimated Value
$202,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2020
Sold by
Gratz Real Estate Acquisition Team Llc
Bought by
Gratz Stanley and Gratz Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2019
Sold by
Baker Mark
Bought by
Gratz Real Estate Acquisition Team Llc

Purchase Details

Closed on
Sep 13, 2007
Sold by
Mosley Armond E
Bought by
Baker Mark

Purchase Details

Closed on
Jun 22, 2005
Sold by
Moles Charles L
Bought by
Mosley Armond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Moles Charles L and Raieta Joseph A
Bought by
Moles Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.7%
Mortgage Type
New Conventional
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
Gratz Real Estate Acquisition Team Llc -- None Listed On Document
Gratz Stanley $76,064 None Available
Gratz Real Estate Acquisition Team Llc $81,500 None Available
Baker Mark $141,500 None Available
Mosley Armond E $134,000 --
Moles Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gratz Real Estate Acquisition Team Llc $172,500
Previous Owner Gratz Stanley $122,500
Previous Owner Mosley Armond E $107,200
Previous Owner Moles Charles L $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $81,500 -18.5% $35 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
11/16/2018 11/16/18 Price Changed $100,000 -16.7% $43 / Sq Ft
09/26/2018 09/26/18 For Sale $120,000 -- $51 / 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 $2,300 $37,470 $22,210 $15,260
2024 $2,300 $37,470 $22,210 $15,260
2023 $2,280 $37,470 $22,210 $15,260
2022 $2,230 $37,470 $22,210 $15,260
2021 $2,219 $37,470 $22,210 $15,260
2020 $2,117 $37,470 $22,210 $15,260
2019 $2,078 $37,470 $22,210 $15,260
2018 $1,383 $37,470 $22,210 $15,260
2017 $1,909 $37,470 $22,210 $15,260
2016 $1,895 $37,470 $22,210 $15,260
2015 $1,814 $37,470 $22,210 $15,260
2014 $1,814 $37,470 $22,210 $15,260
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Albert Yaghooty

    Rooster Realty Group

    (267) 344-7718

    4 in this area

    5 Total Sales

    Albert Yaghooty
    Section Image
  • Roman Ovrutsky

    Buyer's Agent in 2019

    Roman Ovrutsky

    eRealty Advisors, Inc

    (267) 242-2588

    30 Total Sales

    Roman Ovrutsky
    Section Image
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Map

Source: Bright MLS

MLS Number: 1007426804

Bright MLS

APN: 13-00-24716-003

Pennsylvania Montgomery County Norristown 19401

321 E Marshall St, Norristown, PA

This home is located at 321 E Marshall St, Norristown, PA 19401 since 26 September 2018 and is currently estimated at $202,424, approximately $86 per square foot. This property was built in 1900. 321 E Marshall St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Cole Manor Elementary School, and East Norriton Middle School.

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