NOT LISTED FOR SALE

408 E Oak St Unit 22 Norristown, PA 19401

Estimated Value: $122,000 - $1,006,000

2 Beds
1 Bath
975 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $83,000 $85 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $2,330/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-minute walk to Martin Luther King Memorial Park

About This Home

As of November 2021

This middle of the row offers a fantastic opportunity to own your own home. Located within the municipality of Norristown, you'll find it's a quick trip to the King of Prussia Plaza and all of its shopping, to downtown Philadelphia and the airport, Valley Forge and hiking its many trails or visiting the Elmwood Park Zoo. The home itself features a first floor living room and a separate kitchen. Upstairs, on the second level, is the master bedroom. Currently leased and providing great rent. Own or invest; which ever way you wish to make use, the house offers tons of potential. Buyer is responsible for U&O all U&O repairs.

Last Agent to Sell the Property

Bob Brandt

(610) 636-1331 ronknowsreo@gmail.com Derrick Real Estate Inc. Listed on: 04/16/2021

Last Buyer's Agent

Samantha Vasaturo

(610) 220-4425 sgoldenberg@cbpref.com Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1900

Lot Details

  • 972 Sq Ft Lot
  • Lot Dimensions are 13.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 975 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 13-00-28856-003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,405

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: tenants belongings
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: This middle of the row offers a fantastic opportunity to own your own home. Located within the municipality of Norristown, you'll find it's a quick trip to the King of Prussia Plaza and all of its shopping, to downtown Philadelphia and the airport, Valley Forge and hiking its many trails or visiting the Elmwood Park Zoo. The home itself features a first floor living room and a separate kitchen. Upstairs, on the second level, is the master bedroom. Currently leased and providing great rent. Own or invest; which ever way you wish to make use, the house offers tons of potential. Buyer is responsible for U&O all U&O repairs.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 975
  • Living Area Sq Ft: 975
  • Price Per Sq Ft: 89.74
  • Above Grade Finished Sq Ft: 975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

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

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 Type: Forced Air
  • 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

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.02
  • Lot Dimensions: 13.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 972.00
  • Year Assessed: 2021
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 620269
  • School Tax: 940.00
  • Tax Annual Amount: 1405.00
  • Assessor Parcel Number: 13-00-28856-003
  • Tax Lot: 022
  • Tax Total Finished Sq Ft: 975
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/04/2021

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Nov 4, 2021
Sold by
Sereny Michael A
Bought by
Higher Standard Remodeling Llc
Seller's Agent
Bob Brandt
Derrick Real Estate Inc.
Buyer's Agent
Samantha Vasaturo
Coldwell Banker Realty
List Price
$105,000
Sold Price
$83,000
Premium/Discount to List
-$22,000
-20.95%
Current Estimated Value
$416,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,679
Avg. Annual Appreciation
50.61%
Original Mortgage
$58,100
Outstanding Balance
$53,239
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$363,440

Purchase Details

Closed on
Jun 1, 1995
Sold by
Sereny Ronald W and Sereny Maureen P
Bought by
Sereny Michael A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Higher Standard Remodeling Llc $83,000 None Available
Sereny Michael A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higher Standard Remodeling Llc $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $83,000 -5.1% $85 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/29/2021 08/29/21 Price Changed $87,500 -2.5% $90 / Sq Ft
07/22/2021 07/22/21 Price Changed $89,776 -0.2% $92 / Sq Ft
07/21/2021 07/21/21 Price Changed $89,969 -9.6% $92 / Sq Ft
06/22/2021 06/22/21 Price Changed $99,500 -5.2% $102 / Sq Ft
04/16/2021 04/16/21 For Sale $105,000 -- $108 / 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 $1,456 $23,730 $14,670 $9,060
2024 $1,456 $23,730 $14,670 $9,060
2023 $1,443 $23,730 $14,670 $9,060
2022 $1,412 $23,730 $14,670 $9,060
2021 $1,405 $23,730 $14,670 $9,060
2020 $1,341 $23,730 $14,670 $9,060
2019 $1,316 $23,730 $14,670 $9,060
2018 $876 $23,730 $14,670 $9,060
2017 $1,209 $23,730 $14,670 $9,060
2016 $1,199 $23,730 $14,670 $9,060
2015 $1,149 $23,730 $14,670 $9,060
2014 $1,149 $23,730 $14,670 $9,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC689430

Bright MLS

APN: 13-00-28856-003