NOT LISTED FOR SALE

400 E Johnson Hwy Norristown, PA 19401

Estimated Value: $349,000 - $548,000

4 Beds
2 Baths
1,984 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $225,000 $113 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,851/month

Highlights

  • Second Garage
  • Colonial Architecture
  • Corner Lot
  • 0.72 Acre Lot
  • Deck
  • 3-minute walk to Louis K. "Mack" Watson Memorial Park

About This Home

As of December 2013

4 Bedroom 2 bath home with 5 garages and office, sitting on 1 acre of corner property that is zoned C/R. Commercial residential zoning allows you to both live and run a business from this property. The location for this could not be better. Just minutes from Plymouth Meeting and right down the street from 202 south to King of Prussia or North to Blue Bell etc. This home being offered alone or in conjunction with 410 E Johnson and/or 420 E Johnson bringing total area to 3 acres. Buyer is responsible for U and O. Owner will consider owner financing.

Last Agent to Sell the Property

Edward Welch

(610) 331-7655 EWelch@welchgroup.net Higgins & Welch Real Estate, Inc. Listed on: 09/24/2013

Co-Listed By

David Jones

dave.jones@compass.com Compass RE

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1940

Lot Details

  • 0.72 Acre Lot
  • Corner Lot
  • Property is zoned CR

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 7 Car Garage
  • 3 Open Parking Spaces
  • Second Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Norristown Area High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 13-00-17708-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Island, Dining Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Net Sq Ft: 1984.00
  • Price Per Sq Ft: 143.65
  • Above Grade Finished Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd Garage
  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Garage Door Opener, Oversized
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: NORRISTOWN AREA

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.72
  • Lot Dimensions: 137
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31510.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: CR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 617405
  • Tax Annual Amount: 3780.00
  • Assessor Parcel Number: 13-00-17708-009
  • Tax Lot: 002
  • Tax Year: 2013

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Dec 12, 2013
Sold by
Jones James and Jones James H
Bought by
Tomasco Thomas
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%
Current Estimated Value
$461,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,333
Avg. Annual Appreciation
6.22%
Original Mortgage
$660,000
Outstanding Balance
$491,939
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$30,606
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
Tomasco Thomas $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomasco Thomas $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2013 12/05/13 Sold $225,000 -21.1% $113 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $285,000 -- $144 / 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 $5,249 $85,520 -- --
2024 $5,249 $85,520 -- --
2023 $5,202 $85,520 $0 $0
2022 $5,090 $85,520 $0 $0
2021 $4,738 $80,000 $47,320 $32,680
2020 $4,520 $80,000 $47,320 $32,680
2019 $4,437 $80,000 $47,320 $32,680
2018 $2,954 $80,000 $47,320 $32,680
2017 $4,075 $80,000 $47,320 $32,680
2016 $4,044 $80,000 $47,320 $32,680
2015 $3,874 $80,000 $47,320 $32,680
2014 $3,874 $80,000 $47,320 $32,680
Source: Public Records

Agents Affiliated with this Home

  • Edward Welch

    Seller's Agent in 2013

    Edward Welch

    Higgins & Welch Real Estate, Inc.

    (610) 331-7655

    1 in this area

    152 Total Sales

    Edward Welch
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    David Jones

    Compass RE

    17 Total Sales

    David Jones
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003597596

Bright MLS

APN: 13-00-17708-009

Pennsylvania Montgomery County Norristown 19401

400 E Johnson Hwy, Norristown, PA

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