$140,000
SOLD JAN 23, 2024

501 Lee Rd Norwood, PA 19074

3 Beds
2 Baths
1,570 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

12% Below List Price

24 Days on Market

Highlights

  • Traditional Architecture
  • Solar owned by seller
  • 4-minute walk to Norwood Lower Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

MUPLTIPLE OFFERS!!! H&B DUE. SHOWINGS HAVE BEEN CONCLUDED. NO MORE SHOWINGS!!! Welcome to great opportunity located in Norwood Park just steps from Norwood Elementary. 501 Lee rd. is your opportunity to get in at the ground level. This 3 bedroom 2 full bath twin has a ton of potential and needs your vision to bring it back to it's original glory. HVAC, hot water heater, sewer line and service panel for electric have al been recently updated. Solar panels covering the roof are all owned and NOT leased. 1st floor of this property houses the main bedroom, full bath, combo kitchen/dining room and living room with den or can be converted into a 4th bedroom. 2nd floor has 2 full bedrooms, 1 full bath and extra storage area. Scheduled your appointment today to see this diamond in the rough.

Last Agent to Sell the Property

Adam Kiliszek

EXP Realty, LLC Listed on: 12/16/2023

EXP Realty, LLC

Last Buyer's Agent

Benjamin Noel

Prime Home Real Estate, LLC License #RS346475

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1954

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 100.00

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,570 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Eco-Friendly Details

  • Solar owned by seller

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 313-000
  • Assessor Parcel Number 31-00-00800-00

Townhouse Details

Home Type

Townhome

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: MUPLTIPLE OFFERS!!! H&B DUE. SHOWINGS HAVE BEEN CONCLUDED. NO MORE SHOWINGS!!! Welcome to great opportunity located in Norwood Park just steps from Norwood Elementary. 501 Lee rd. is your opportunity to get in at the ground level. This 3 bedroom 2 full bath twin has a ton of potential and needs your vision to bring it back to it's original glory. HVAC, hot water heater, sewer line and service panel for electric have al been recently updated. Solar panels covering the roof are all owned and NOT leased. 1st floor of this property houses the main bedroom, full bath, combo kitchen/dining room and living room with den or can be converted into a 4th bedroom. 2nd floor has 2 full bedrooms, 1 full bath and extra storage area. Scheduled your appointment today to see this diamond in the rough.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1570
  • Living Area Sq Ft: 1570
  • Price Per Sq Ft: 101.91
  • Above Grade Finished Sq Ft: 1570
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Photovoltaics Seller Owned
  • 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: INTERBORO
  • School District Key: 300200397355
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.09
  • Lot Dimensions: 35.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Year Assessed: 2023
  • Zoning: R-10 SINGLE FAMILY
  • Zoning Description: 1 1/2 STY HSE 35 X 100

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3857.00
  • Tax Annual Amount: 5443.00
  • Assessor Parcel Number: 31-00-00800-00
  • Tax Lot: 313-000
  • Tax Total Finished Sq Ft: 1570
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/23/2024

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 29, 2024
Sold by
Central Penn Capital Management Llc
Bought by
Nguyen Tommy Kha and Nguyen Jessica Black
Seller's Agent
Laurel Eadline
The Noble Group, LLC
Buyer's Agent
Stephanie Ngo
Real of Pennsylvania
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
198
Current Estimated Value
$305,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981
Avg. Annual Appreciation
0.30%
Original Mortgage
$299,475
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 25, 2024
Sold by
Ek Real Estate Fund I Llc
Bought by
Central Penn Cap Mgmt Llc
Seller's Agent
Adam Kiliszek
EXP Realty, LLC
Buyer's Agent
Benjamin Noel
Prime Home Real Estate, LLC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Views
569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
486.91%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Balkow John J and Balkow Joanne M
Bought by
Ek Real Estate Fund I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 9, 2015
Closed on
Aug 8, 2016
Sold by
Estate Of Richard L Cloud Jr
Bought by
Balkow John J and Balkow Joanne M
Seller's Agent
Justine Vigilante
RE/MAX Action Associates
Buyer's Agent
Randy Stoltzfus
RE/MAX Action Associates
List Price
$139,900
Sold Price
$124,900
Premium/Discount to List
-$15,000
-10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$84,690
Interest Rate
3.43%

Purchase Details

Closed on
Feb 14, 1956
Bought by
Cloud Richard L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $305,000 None Listed On Document
Deed $140,000 None Listed On Document
Warranty Deed $190,000 Accommodation
Deed $124,900 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,162 New Conventional
Closed $299,475 FHA
Previous Owner $106,000 Purchase Money Mortgage
Previous Owner $84,690 No Value Available
Previous Owner $71,123 FHA
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $305,000 -1.8% $194 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $310,500 +3.5% $198 / Sq Ft
04/10/2024 04/10/24 For Sale $299,900 +114.2% $191 / Sq Ft
01/23/2024 01/23/24 Sold $140,000 -12.5% $89 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/16/2023 12/16/23 For Sale $160,000 +28.1% $102 / Sq Ft
08/08/2016 08/08/16 Sold $124,900 0.0% $81 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/13/2016 06/13/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $124,900 -3.8% $81 / Sq Ft
01/27/2016 01/27/16 Price Changed $129,900 -3.7% $84 / Sq Ft
01/05/2016 01/05/16 Price Changed $134,900 -3.6% $88 / Sq Ft
11/09/2015 11/09/15 For Sale $139,900 -- $91 / 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
2024 $5,543 $151,500 $50,860 $100,640
2023 $5,386 $151,500 $50,860 $100,640
2022 $5,299 $151,500 $50,860 $100,640
2021 $7,523 $151,500 $50,860 $100,640
2020 $4,746 $84,690 $27,980 $56,710
2019 $4,655 $84,690 $27,980 $56,710
2018 $4,576 $84,690 $0 $0
2017 $4,389 $84,690 $0 $0
2016 $465 $84,690 $0 $0
2015 $474 $84,690 $0 $0
2014 $465 $84,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2058776

Bright MLS

APN: 31-00-00800-00