Seller's Agent in 2024
David Sawyer
Homestarr Realty
(267) 921-5033
14 in this area
38 Total Sales
40 E Chestnut St Norristown, PA 19401
Estimated Value: $155,000 - $201,000
4
Beds
1
Bath
1,800
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- 2 Fireplaces
- 90% Forced Air Heating System
- Wood Flooring
- No HOA
- 4-minute walk to Cherry Street Park
About This Home
As of May 2024Great Investment opportunity at 40 E Chestnut St, nestled in the heart of Norristown, PA. This recently renovated 4 bedroom, 1 bathroom property boasts a perfect blend of historic character and modern convenience. Featuring a renovated kitchen, cozy living spaces, and a private backyard. With easy access to local amenities, transportation, and nearby attractions, including Elmwood Park Zoo and Main Street's shops and restaurants, this is an opportunity not to be missed. Rent: $1720.00 per month with Montgmoery county housing authority, but rent increase has been submitted for 10/1/24 to $2,125.00 per month. Property was fully renovated with new kitchen, bathroom, heater, hot water heater, roof, electric, etc in 2021.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,246
Year Built
- Built in 1900 | Remodeled in 2021
Lot Details
- 2,101 Sq Ft Lot
- Lot Dimensions are 15.00 x 0.00
Parking
- 2 Parking Spaces
Home Design
- Straight Thru Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,800 Sq Ft Home
- Property has 3 Levels
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- 90% Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Norristown Subdivision
Listing and Financial Details
- Tax Lot 92
- Assessor Parcel Number 13-00-08408-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2024
Closed on
May 14, 2024
Sold by
254 E Main St Holdings Llc
Bought by
R & R 2002 Llc
Seller's Agent
David Sawyer
Homestarr Realty
Buyer's Agent
Gurpreet Oberoi - Realtor
BHHS Fox & Roach-Haverford
List Price
$189,900
Sold Price
$177,500
Premium/Discount to List
-$12,400
-6.53%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,310
Avg. Annual Appreciation
1.45%
Original Mortgage
$100,000
Outstanding Balance
$98,743
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$82,067
Purchase Details
Closed on
Oct 26, 2020
Sold by
100 E Jacoby Street Llc
Bought by
254 E Main Street Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 7, 2019
Sold by
Bullock Josephine M
Bought by
100 E Jacoby St Llc
Purchase Details
Closed on
May 16, 1989
Bought by
Bullock Josephine M
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 |
|---|---|---|---|
| R & R 2002 Llc | $177,500 | Trident Land Transfer | |
| 254 E Main Street Holdings Llc | $113,678 | None Available | |
| 100 E Jacoby St Llc | $31,700 | None Available | |
| Bullock Josephine M | $15,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | R & R 2002 Llc | $100,000 | |
| Previous Owner | 254 E Main St Holdings Llc | $356,250 | |
| Previous Owner | Bullock Josephine M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $177,500 | -6.5% | $99 / Sq Ft |
| 03/23/2024 03/23/24 | Pending | -- | -- | -- |
| 03/19/2024 03/19/24 | For Sale | $189,900 | -- | $106 / 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 | $3,276 | $53,370 | $25,180 | $28,190 |
| 2024 | $3,276 | $53,370 | $25,180 | $28,190 |
| 2023 | $3,246 | $53,370 | $25,180 | $28,190 |
| 2022 | $3,176 | $53,370 | $25,180 | $28,190 |
| 2021 | $3,161 | $53,370 | $25,180 | $28,190 |
| 2020 | $3,015 | $53,370 | $25,180 | $28,190 |
| 2019 | $2,960 | $53,370 | $25,180 | $28,190 |
| 2018 | $1,970 | $53,370 | $25,180 | $28,190 |
| 2017 | $2,719 | $53,370 | $25,180 | $28,190 |
| 2016 | $2,698 | $53,370 | $25,180 | $28,190 |
| 2015 | $2,584 | $53,370 | $25,180 | $28,190 |
| 2014 | $2,584 | $53,370 | $25,180 | $28,190 |
Source: Public Records
Agents Affiliated with this Home
-
David Sawyer
-
Gurpreet Oberoi - Realtor
Buyer's Agent in 2024
Gurpreet Oberoi - Realtor
BHHS Fox & Roach
(917) 327-4944
62 in this area
90 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2098576
APN: 13-00-08408-003
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