NOT LISTED FOR SALE

511 George St Norristown, PA 19401

Estimated Value: $156,000 - $256,168

-- Bed
2 Baths
1,964 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $115,000 $59 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,502/month

61 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet

About This Home

As of May 2018

Great Investment Property. 2 Apartments, separate utilities; 1-car detached garage, 2-c driveway, front porch, private fenced side yard and rear patio. Separate laundry area for each apartment, central air on the 2nd flr. 1st flr. 1 bedrm, updated kit/bath, $750.00 per month, elec heat; 2nd/3rd flr. 3 bedrms, updated kit, $975 per month, oil heat, elec b/u. Water usage on meter, can be split. 2 new rear roofs; property in good condition.

Last Agent to Sell the Property

Donna Moles

Charles L. Moles Real Estate, LLC Listed on: 02/01/2018

Last Buyer's Agent

Joseph Wynn

CB Realty One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,964 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement

Schools

  • Norristown Area High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number 13-00-13320-005

Community Details

Overview

  • No Home Owners Association
  • Norristown Subdivision

Building Details

  • Operating Expense $4,898

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Stove, Dishwasher
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Great Investment Property. 2 Apartments, separate utilities; 1-car detached garage, 2-c driveway, front porch, private fenced side yard and rear patio. Separate laundry area for each apartment, central air on the 2nd flr. 1st flr. 1 bedrm, updated kit/bath, $750.00 per month, elec heat; 2nd/3rd flr. 3 bedrms, updated kit, $975 per month, oil heat, elec b/u. Water usage on meter, can be split. 2 new rear roofs; property in good condition.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1964
  • Living Area Sq Ft: 1964
  • Price Per Sq Ft: 68.69
  • Above Grade Finished Sq Ft: 1964
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 511

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Oil, Electric, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • School District Key: 300200397035
  • High School: NORRISTOWN AREA

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 20700.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 616325
  • Tax Annual Amount: 3839.00
  • Assessor Parcel Number: 13-00-13320-005
  • Tax Lot: 032
  • Tax Year: 2018
  • Close Date: 05/04/2018

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Norristown Holdings Llc
Bought by
Bar Holdings Llc
Current Estimated Value
$209,436

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 13, 2018
Sold by
Piccone Stefan A
Bought by
Norristown Holdings Llc
Seller's Agent
Donna Moles
Charles L. Moles Real Estate, LLC
Buyer's Agent
Joseph Wynn
CB Realty One
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jan 28, 2004
Sold by
Beck Gordon A
Bought by
Piccone Stefan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,200
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Bar Holdings Llc $500,000 Aaron Abstract Company
Norristown Holdings Llc $115,000 None Available
Piccone Stefan A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piccone Stefan A $44,000
Previous Owner Piccone Stefan A $0
Previous Owner Piccone Stefan A $17,200
Previous Owner Piccone Stefan A $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $115,000 -14.8% $59 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $134,900 -- $69 / 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 $4,330 $70,530 $17,820 $52,710
2023 $4,291 $70,530 $17,820 $52,710
2022 $4,198 $70,530 $17,820 $52,710
2021 $4,177 $70,530 $17,820 $52,710
2020 $3,985 $70,530 $17,820 $52,710
2019 $3,912 $70,530 $17,820 $52,710
2018 $2,357 $70,530 $17,820 $52,710
2017 $3,593 $70,530 $17,820 $52,710
2016 $3,565 $70,530 $17,820 $52,710
2015 $3,415 $70,530 $17,820 $52,710
2014 $3,415 $70,530 $17,820 $52,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005918655

Bright MLS

APN: 13-00-13320-005