501 Swede St Norristown, PA 19401
Estimated payment $5,249/month
Total Views
20,983
--
Bed
--
Bath
7,400
Sq Ft
$112
Price per Sq Ft
Highlights
- City View
- Corner Lot
- Forced Air Heating System
- Traditional Architecture
- High Ceiling
- 5-minute walk to Cherry Street Park
About This Home
Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,884
Year Built
- Built in 1900 | Remodeled in 2018
Lot Details
- 2,900 Sq Ft Lot
- Corner Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Plaster Walls
- Cool or White Roof
Interior Spaces
- High Ceiling
- City Views
Parking
- Private Parking
- Lighted Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Schools
- Norristown High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Electric Water Heater
Community Details
- 4 Units
- 4-Story Building
Listing and Financial Details
- Tax Lot 018
- Assessor Parcel Number 13-00-36256-001
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,292 | $183,950 | -- | -- |
| 2023 | $8,261 | $135,800 | $0 | $0 |
| 2022 | $8,082 | $135,800 | $0 | $0 |
| 2021 | $8,043 | $135,800 | $0 | $0 |
| 2020 | $7,673 | $135,800 | $0 | $0 |
| 2019 | $7,533 | $135,800 | $0 | $0 |
| 2018 | $5,014 | $135,800 | $0 | $0 |
| 2017 | $12,138 | $238,290 | $42,280 | $196,010 |
| 2016 | $12,045 | $238,290 | $42,280 | $196,010 |
| 2015 | $11,539 | $238,290 | $42,280 | $196,010 |
| 2014 | $11,539 | $238,290 | $42,280 | $196,010 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $799,900 | -3.5% | $108 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $829,000 | 0.0% | $112 / Sq Ft |
| 02/03/2025 02/03/25 | Off Market | $829,000 | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $829,000 | 0.0% | $112 / Sq Ft |
| 02/01/2024 02/01/24 | Rented | $1,100 | 0.0% | -- |
| 01/29/2024 01/29/24 | Under Contract | -- | -- | -- |
| 11/15/2023 11/15/23 | Price Changed | $1,100 | -28.6% | $1 / Sq Ft |
| 10/25/2023 10/25/23 | For Rent | $1,540 | 0.0% | -- |
| 02/01/2021 02/01/21 | Sold | $530,000 | -7.8% | $72 / Sq Ft |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | For Sale | $575,000 | 0.0% | $78 / Sq Ft |
| 11/13/2014 11/13/14 | Rented | $725 | -3.3% | -- |
| 11/11/2014 11/11/14 | Under Contract | -- | -- | -- |
| 07/24/2014 07/24/14 | For Rent | $750 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $530,000 | None Available | |
| Special Warranty Deed | $249,999 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,000 | Commercial | |
| Previous Owner | $187,500 | Commercial |
Source: Public Records
Similar Homes in Norristown, PA
Source: Bright MLS
MLS Number: PAMC2110606
APN: 13-00-36256-001
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