NOT LISTED FOR SALE

502 Walnut St Norristown, PA 19401

Estimated Value: $183,000 - $202,000

3 Beds
3 Baths
1,593 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $190,000 $119 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,302/month

151 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • Outdoor Storage
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • 5-minute walk to Martin Luther King Memorial Park

About This Home

As of December 2024

No need to wait for a bathroom to be available! This 3 bedroom property boast of 3 totaled bathrooms. It can be an investment or a great first home. It’s currently tenant occupied and has a rental income of $2,000 per month. Stop by and see what else this property has to offer. >> Seller will obtain the U&O <<

Last Agent to Sell the Property

Lorry Hunt

(215) 668-8908 lorryhuntrealtor@gmail.com Keller Williams Main Line License #RS323209 Listed on: 03/21/2024

Keller Williams Main Line

Last Buyer's Agent

Stephen Kennedy

(267) 614-3033 stephenkennedy@kw.com KW Empower

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1900

Lot Details

  • 1,269 Sq Ft Lot
  • Lot Dimensions are 14.00 x 0.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • AirLite
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,593 Sq Ft Home
  • Property has 3 Levels
  • Dining Area
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Finished Basement

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • East Norriton Elementary School
  • Eisenhower Middle School
  • Norristown High School

Utilities

  • Central Heating
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 13-00-37348-007

Community Details

Overview

  • No Home Owners Association
  • Norriton East Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,484

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • Inclusions: Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Vinyl, Ceramic Tile
  • Interior Amenities: Carpet, Dining Area, Kitchen - Eat-In, Bathroom - Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Hookup
  • Total Sq Ft: 1593
  • Living Area Sq Ft: 1593
  • Price Per Sq Ft: 124.92
  • Above Grade Finished Sq Ft: 1593
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Exterior Lighting, Secure Storage
  • Spa: No
  • View: Street
  • 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: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EAST NORRITON
  • High School: NORRISTOWN
  • Middle Or Junior School: EISENHOWER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1269.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL SINGLE FAMILY
  • Zoning Description: Residential 2 Single Family

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2216.00
  • Tax Annual Amount: 3484.00
  • Assessor Parcel Number: 13-00-37348-007
  • Tax Lot: 46
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Nov 26, 2024
Sold by
Wang Ding Y
Bought by
Roy Christine
Seller's Agent
Lorry Hunt
Keller Williams Main Line
Buyer's Agent
Stephen Kennedy
KW Empower
List Price
$209,000
Sold Price
$190,000
Premium/Discount to List
-$19,000
-9.09%
Views
311
Current Estimated Value
$193,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,058
Avg. Annual Appreciation
1.61%
Original Mortgage
$152,000
Outstanding Balance
$150,746
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$42,312

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 6, 2023
Sold by
Hill Gregory and Hill Reba
Bought by
Wang Ding Yi
Seller's Agent
Stanton Bizzell
Opulent Realty Group LLC
Buyer's Agent
Stanton Bizzell
Opulent Realty Group LLC
List Price
$85,000
Sold Price
$120,000
Premium/Discount to List
$35,000
41.18%
Views
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
44.86%
Original Mortgage
$100,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1991
Bought by
Hill Gregory and Hill Reba A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roy Christine $190,000 Assurance Abstract
Wang Ding Yi $120,000 None Listed On Document
Hill Gregory $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Christine $152,000
Previous Owner Wang Ding Yi $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $190,000 -4.5% $119 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $199,000 -4.8% $125 / Sq Ft
03/21/2024 03/21/24 For Sale $209,000 +74.2% $131 / Sq Ft
09/08/2023 09/08/23 Sold $120,000 +41.2% $75 / Sq Ft View Prior Sale
08/17/2023 08/17/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $85,000 -- $53 / 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 $3,471 $56,540 $17,910 $38,630
2024 $3,471 $56,540 $17,910 $38,630
2023 $3,440 $56,540 $17,910 $38,630
2022 $3,365 $56,540 $17,910 $38,630
2021 $3,349 $56,540 $17,910 $38,630
2020 $3,195 $56,540 $17,910 $38,630
2019 $3,136 $56,540 $17,910 $38,630
2018 $2,087 $56,540 $17,910 $38,630
2017 $2,880 $56,540 $17,910 $38,630
2016 $2,858 $56,540 $17,910 $38,630
2015 $2,738 $56,540 $17,910 $38,630
2014 $2,738 $56,540 $17,910 $38,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2098762

Bright MLS

APN: 13-00-37348-007