NOT LISTED FOR SALE

512 Astor St Norristown, PA 19401

Estimated Value: $186,278 - $251,000

-- Bed
2 Baths
2,034 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $140,000 $69 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,433/month

Highlights

  • Colonial Architecture
  • 4-minute walk to Main Street (Norristown)
  • 3-minute walk to Crawford Park
  • No HOA
  • Radiator

About This Home

As of December 2020

This is an investors dream!!! First floor is 1 bedroom apartment that can easily be made to 2 bedroom. The 2nd and 3rd floor include 4 single rooms, 1 Bath, 1 community room. Total income $2475.00 per month. This is an income producing property that has been well maintained. Property won't last long!!

Last Agent to Sell the Property

Cynthia Raieta

(610) 275-2050 cindy@chasmoles.com Charles L. Moles Real Estate, LLC License #AB045786A Listed on: 09/30/2020

Last Buyer's Agent

Cynthia Raieta

(610) 275-2050 cindy@chasmoles.com Charles L. Moles Real Estate, LLC License #AB045786A Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 19.00 x 0.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,034 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Norristown Area High School

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, heat, electricity, insurance, lawn/shrub care, common area maintenance
  • Tax Lot 049
  • Assessor Parcel Number 13-00-02640-002

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Insurance Expense $1,016
  • Operating Expense $8,799

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This is an investors dream!!! First floor is 1 bedroom apartment that can easily be made to 2 bedroom. The 2nd and 3rd floor include 4 single rooms, 1 Bath, 1 community room. Total income $2475.00 per month. This is an income producing property that has been well maintained. Property won't last long!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Stone
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2034
  • Living Area Sq Ft: 2034
  • Price Per Sq Ft: 76.20
  • Above Grade Finished Sq Ft: 2034
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 512

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • 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
  • Monthly Average Electric: 202
  • Previous Twelve Months Electric Expense: 2423.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Natural Gas Available
  • Monthly Water Average: 38
  • Water Previous Twelve Months: 451.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • High School Source: Listing Agent
  • School District Key: 300200397035
  • School District Source: Listing Agent
  • High School: NORRISTOWN AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1728.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Gas, Heat, Electricity, Insurance, Lawn/Shrub Care, Common Area Maintenance
  • Total Actual Rent: 29700.00
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 613563
  • School Tax: 2620.00
  • Tax Annual Amount: 3841.00
  • Assessor Parcel Number: 13-00-02640-002
  • Tax Lot: 049
  • Tax Total Finished Sq Ft: 2034
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/08/2020

Multi Family

  • Number Of Units Vacant: 2
  • Operating Expense: 8799.00
  • Single Room Units Count: 4

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 8, 2020
Sold by
Caramenico Michael and Caramenico Deborah
Bought by
Hong Realty Llc
Seller's Agent
Cynthia Raieta
Charles L. Moles Real Estate, LLC
Buyer's Agent
Cynthia Raieta
Charles L. Moles Real Estate, LLC
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$208,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,570
Avg. Annual Appreciation
8.49%
Original Mortgage
$91,000
Outstanding Balance
$81,162
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,408

Purchase Details

Closed on
Dec 29, 2000
Sold by
Caramenico Michael and Caramenico Deborah
Bought by
Caramenico Michael and Caramenico Deborah

Purchase Details

Closed on
May 26, 1998
Sold by
Iezzi Marion G and Stayton George H
Bought by
Caramenico Nicholas J and Christine G Stayton Revocable Trust

Purchase Details

Closed on
Mar 24, 1995
Sold by
Stayton Christine G and Stayton George H
Bought by
Stayton George H and The Christine G Stayton Revocable Trust
Source: Public Records

Range of Values:

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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
Hong Realty Llc $140,000 None Available
Caramenico Michael -- --
Caramenico Nicholas J -- --
Stayton George H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Realty Llc $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $140,000 -9.7% $69 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $155,000 -- $76 / 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 $4,062 $66,170 $16,820 $49,350
2024 $4,062 $66,170 $16,820 $49,350
2023 $4,025 $66,170 $16,820 $49,350
2022 $3,938 $66,170 $16,820 $49,350
2021 $3,919 $66,170 $16,820 $49,350
2020 $3,739 $66,170 $16,820 $49,350
2019 $3,670 $66,170 $16,820 $49,350
2018 $2,443 $66,170 $16,820 $49,350
2017 $3,371 $66,170 $16,820 $49,350
2016 $3,345 $66,170 $16,820 $49,350
2015 $3,204 $66,170 $16,820 $49,350
2014 $3,204 $66,170 $16,820 $49,350
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cynthia Raieta

    Charles L. Moles Real Estate, LLC

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Map

Source: Bright MLS

MLS Number: PAMC665610

Bright MLS

APN: 13-00-02640-002

Pennsylvania Montgomery County Norristown 19401

512 Astor St, Norristown, PA

This home is located at 512 Astor St, Norristown, PA 19401 since 30 September 2020 and is currently estimated at $208,570, approximately $102 per square foot. This property was built in 1900. 512 Astor St is a home located in Montgomery County with nearby schools including Davenport Elementary School, Charles Blockson Middle School, and East Norriton Middle School.

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