NOT LISTED FOR SALE

321 E Marshall St Norristown, PA 19401

Norristown Area

Estimated Value: $214,000 - $287,790

Studio
2 Baths
2,340 Sq Ft
$104/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2019

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

Est. 198% increase in value since last sale

Current estimated payment $1,541 / mo

103 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • South Facing Home
  • Tile or Brick Flooring
  • Hot Water 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

(484) 498-4000 albertyaghooty@hotmail.com Springer Realty Group Listed on: 09/26/2018

Springer Realty Group

Last Buyer's Agent

Roman Ovrutsky

(914) 712-6330 contact@erealtyadvisors.com eRealty Advisors, Inc License #RS325249

eRealty Advisors, Inc

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

  • 2,340 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Norristown Area High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 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

4,200 Sq Ft Lot

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
  • 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

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

  • High School: NORRISTOWN AREA

Lot Info

  • 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

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Gratz Stanley and Gratz Douglas
Bought by
Current Estimated Value
$243,198

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Norristown, PA

  • Tabitha Heit Real Estate Agent - BHHS Fox & Roach-Blue Bell

    Tabitha Heit

    BHHS Fox & Roach-Blue Bell

    (267) 460-6297

    126 Total Sales

    2 in Norristown

    $270,000 Price Range

    Tabitha Heit
     Section Image
  • Tom Higgins Real Estate Agent - Keller Williams Real Estate-Blue Bell

    Tom Higgins

    Keller Williams Real Estate-Blue Bell

    (856) 501-6398

    117 Total Sales

    1 in Norristown

    $107,100 Price

    Tom Higgins
     Section Image
  • Carie Ann Ochsenreither Real Estate Agent - SERHANT PENNSYLVANIA LLC

    Carie Ann Ochsenreither

    SERHANT PENNSYLVANIA LLC

    (484) 806-1268

    102 Total Sales

    1 in Norristown

    $426,130 Price

    Carie Ann Ochsenreither
     Section Image
  • Megan Herr Real Estate Agent - RE/MAX Ready

    Megan Herr

    RE/MAX Ready

    (717) 844-6708

    64 Total Sales

    1 in Norristown

    $286,000 Price

    Megan Herr
     Section Image
  • Kim Porter Real Estate Agent - Keller Williams Real Estate-Doylestown

    Kim Porter

    Responds Quickly

    Keller Williams Real Estate-Doylestown

    (267) 641-5277

    199 Total Sales

    1 in Norristown

    $276,000 Price

    Kim Porter
     Section Image
  • Richelle Deane Real Estate Agent - Realty One Group Restore - Collegeville

    Richelle Deane

    Realty One Group Restore - Collegeville

    (610) 880-3136

    122 Total Sales

    8 in Norristown

    $65K - $290K Price Range

    Richelle Deane
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,391 $37,470
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

  • AY

    Seller's Agent in 2019

    Albert Yaghooty

    Springer Realty Group

    (267) 344-7718

    2 Total Sales

    Albert Yaghooty
    Section Image
  • Roman Ovrutsky Real Estate Agent - eRealty Advisors, Inc

    Buyer's Agent in 2019

    Roman Ovrutsky

    eRealty Advisors, Inc

    (267) 242-2588

    17 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

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