NOT LISTED FOR SALE

381 E Lafayette St Norristown, PA 19401

Estimated Value: $119,748 - $165,000

4 Beds
1 Bath
1,820 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $65,000 $36 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $937/month

1 Day on Market

Highlights

  • Straight Thru Architecture
  • Living Room
  • Heating Available
  • No HOA
  • Dining Room

About This Home

As of February 2022

Located across the street from the scenic Schuylkill River Trail, is a 3 story end unit row home. This home desires a new owner to bring it back to life. The bones are there, however the home is in need of a complete renovation. The first level consist of the living room, dining room and kitchen. The 2nd level has 2 bedrooms and a full bath and there are 2 additional bedrooms on the 3rd level. Located within walking distance to the Norristown Transportation Center and the Center Theater. You can be a part of the revitalization! This could be a great home for some willing to put work into it or an great rental income for an investor....think "flip & sell" or "flip & hold". This home is being sold "AS IS". The seller will not make any repairs nor remove contents. The buyer will also be responsible for any/all municipal inspection requirements and ANY repairs required from those inspections.

Last Agent to Sell the Property

Richelle Deane

(610) 322-8432 Richelle@RichelleDeane.com Realty One Group Restore - Collegeville License #RS318417 Listed on: 01/07/2022

Realty One Group Restore - Collegeville

Last Buyer's Agent

Henry Rutledge

(610) 316-5833 henryrsells@gmail.com Very Good Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1910

Lot Details

  • 1,350 Sq Ft Lot
  • Lot Dimensions are 13.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Risk

Schools

  • Norristown High School

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 13-00-19196-006

Townhouse Details

Home Type

Townhome

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-01-07
  • Federal Flood Zone: Yes
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 27.42
  • Above Grade Finished Sq Ft: 1820
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: NORRISTOWN

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 13.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1350.00
  • Zoning: 1101 RES: 1 FAM

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1474.00
  • Tax Annual Amount: 2206.00
  • Assessor Parcel Number: 13-00-19196-006
  • Tax Lot: 052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 31, 2022
Sold by
Dorothy Gary
Bought by
Mahmood Shahid
Seller's Agent
Richelle Deane
Realty One Group Restore - Collegeville
Buyer's Agent
Henry Rutledge
Very Good Real Estate Co.
List Price
$49,900
Sold Price
$65,000
Premium/Discount to List
$15,100
30.26%
Current Estimated Value
$142,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,249
Avg. Annual Appreciation
22.69%

Purchase Details

Closed on
Apr 21, 1983
Bought by
Gary Dorothy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahmood Shahid $65,000 None Listed On Document
Gary Dorothy $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $65,000 +30.3% $36 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $49,900 -- $27 / 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 $2,286 $37,240 $23,900 $13,340
2024 $2,286 $37,240 $23,900 $13,340
2023 $2,266 $37,240 $23,900 $13,340
2022 $2,216 $37,240 $23,900 $13,340
2021 $2,206 $37,240 $23,900 $13,340
2020 $2,104 $37,240 $23,900 $13,340
2019 $2,066 $37,240 $23,900 $13,340
2018 $1,128 $37,240 $23,900 $13,340
2017 $1,897 $37,240 $23,900 $13,340
2016 $1,883 $37,240 $23,900 $13,340
2015 $1,803 $37,240 $23,900 $13,340
2014 $1,803 $37,240 $23,900 $13,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2021818

Bright MLS

APN: 13-00-19196-006