NOT LISTED FOR SALE

416 W Lafayette St Norristown, PA 19401

Estimated Value: $173,894 - $190,000

3 Beds
1 Bath
1,680 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $104,000 $62 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,094/month

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • 3-minute walk to Crawford Park
  • No HOA

About This Home

As of December 2020

Spacious brick-front rowhome on a quiet street in charming Norristown Boro. Conveniently located minutes from 202, 476, Germantown Pike, Norristown Transportation Center , Einstein Medical Center, & the Montgomery County Courthouse. Great investment property, with large fenced-in yard and both chimney liner & water heater installed 2017 ! The bright foyer leads to the sundrenched living room featuring glistening Pergo floors, custom paint, window ac units, and high ceilings. The bright eat-in kitchen boasts plenty of crisp white cabinets, stainless steel gas stove, tile floors, and leads to the elegant dining room. The bedrooms upstairs have large closets and plush wall-to-wall carpeting. Current lease with tenant is month-to-month at $1100 a month. Don't forget the fenced-in back yard. Close to Scagg Cottman Park, Norristown Farm Park, Elmwood Zoo, King of Prussia Mall, Plymouth Meeting Mall, & plenty of restaurants! Tenant Occupied... Please send COVID forms , as well as proof of funds or conventional preapproval letter to listing agent or your appointment will be cancelled. NO FHA or VA . Please wear mask and limit to 2 buyers per agent.

Last Agent to Sell the Property

Tina Guerrieri

(267) 250-7649 tinagsellshomes4u@gmail.com RE/MAX Central - Blue Bell Listed on: 09/02/2020

RE/MAX Central - Blue Bell

Last Buyer's Agent

Carmen Gambone

(610) 960-3737 carmengambone@gmail.com Keller Williams Main Line

Keller Williams Main Line

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1890

Lot Details

  • 1,583 Sq Ft Lot
  • Lot Dimensions are 16.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 13-00-19420-007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,451

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: washer,dryer
  • Inclusions: Fridge
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 62.50
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1583.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 617855
  • School Tax: 990.00
  • Tax Annual Amount: 1451.00
  • Assessor Parcel Number: 13-00-19420-007
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 27, 2020
Sold by
Martins Properties Llc
Bought by
Ozdemir Ustun and Ozdemir Ayse
Seller's Agent
Tina Guerrieri
RE/MAX Central - Blue Bell
Buyer's Agent
Carmen Gambone
Keller Williams Main Line
List Price
$99,000
Sold Price
$104,000
Premium/Discount to List
$5,000
5.05%
Current Estimated Value
$184,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,474
Avg. Annual Appreciation
12.38%

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 4, 2017
Sold by
Fannie Mae
Bought by
Martins Properties Llc
Seller's Agent
Mark Lawson
Diversified Realty Solutions
Buyer's Agent
Tina Guerrieri
RE/MAX Central - Blue Bell
List Price
$47,000
Sold Price
$40,000
Premium/Discount to List
-$7,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.69%

Purchase Details

Closed on
Feb 18, 2007
Sold by
Newell Matthew and Newell Stephen
Bought by
Tracanna Ii Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.33%

Purchase Details

Closed on
Aug 20, 2004
Sold by
Moffatt Josephine
Bought by
Newell Stephen and Newell Deborah

Purchase Details

Closed on
May 2, 2001
Sold by
Moffatt Josephine and Raffa Mary Ann
Bought by
Moffatt Josephine and Will Of Frances N Pensavalli
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ozdemir Ustun $104,000 Germantown Title
Martins Properties Llc $40,000 None Available
Tracanna Ii Stephen A $83,000 None Available
Newell Stephen $47,000 --
Moffatt Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracanna Ii Stephen A $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $104,000 -1.0% $62 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $105,000 +6.1% $63 / Sq Ft
09/02/2020 09/02/20 For Sale $99,000 +147.5% $59 / Sq Ft
05/08/2017 05/08/17 Sold $40,000 -8.0% $24 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
03/28/2017 03/28/17 Price Changed $43,500 -7.4% $26 / Sq Ft
02/22/2017 02/22/17 For Sale $47,000 -- $28 / 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 $1,535 $25,000 $10,000 $15,000
2024 $1,535 $25,000 $10,000 $15,000
2023 $1,521 $25,000 $10,000 $15,000
2022 $1,488 $25,000 $10,000 $15,000
2021 $1,481 $25,000 $10,000 $15,000
2020 $1,413 $25,000 $10,000 $15,000
2019 $1,387 $25,000 $10,000 $15,000
2018 $923 $25,000 $10,000 $15,000
2017 $1,273 $25,000 $10,000 $15,000
2016 $1,264 $25,000 $10,000 $15,000
2015 $1,211 $25,000 $10,000 $15,000
2014 $1,211 $25,000 $10,000 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC662300

Bright MLS

APN: 13-00-19420-007