NOT LISTED FOR SALE

521 Elizabeth Dr Norristown, PA 19403

Estimated Value: $610,000 - $653,000

4 Beds
2.5 Baths
2,228 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $596,000 $268 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,935/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 90% Forced Air Heating and Cooling System
  • Skyview Upper Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of July 2023

Welcome to this inviting single-family home located in the highly sought-after Methacton School District. As you step inside, you'll immediately notice the warmth and charm that this residence exudes.
The newer roof and windows will be noticed from when you pull up. With having newer heating and air conditioning units, you can enjoy comfortable temperatures year-round while potentially reducing energy costs and having that piece of mind.
Prepare to be delighted by the completely updated kitchen, where modern appliances, fixtures, and finishes come together seamlessly. Whether you're a seasoned chef or simply enjoy gathering with loved ones, this space will inspire culinary creativity and happy memories.
Hardwood flooring throughout invites you to walk with ease and adds a touch of sophistication to each room. The fresh paint envelops the entire home, offering a clean canvas for you to personalize and make your own. With full open concept living and a sliding door through the family room out to your deck with a large yard perfect for entertaining.
Four bedrooms upstairs, the primary bathroom has been updated from its original state as well as the hall bath. The second floor also has all hardwood flooring along with all new paint and each room has plenty of closet space. Now head downstairs to your finished basement. This is a great space to make it anything you want, and it has additional storage as well.
Nestled in the desirable Methacton School District, with easy access to everything along with walk ability to several different parks, and community centers. This home is in a wonderful neighborhood.

Last Agent to Sell the Property

Jill Barbera

EXP Realty, LLC Listed on: 05/18/2023

EXP Realty, LLC

Last Buyer's Agent

Ana Lee

RE/MAX Ready

RE/MAX Ready

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,715

Year Built

  • Built in 1978

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 297.00 x 0.00
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 43-00-03730-223

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,715

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-05-19
  • Year Built: 1978
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 258.08
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 521

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: METHACTON
  • School District Key: 300200397031
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.58
  • Lot Dimensions: 297.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25162.00
  • Year Assessed: 2023
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5483.00
  • Tax Annual Amount: 6715.00
  • Assessor Parcel Number: 43-00-03730-223
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 2228
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/07/2023

MLS Schools

  • School District Name: METHACTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 28, 2023
Sold by
Liang Meizhen
Bought by
Son Michael Jaehak and Son Danielle Marie
Seller's Agent
Jill Barbera
EXP Realty, LLC
Buyer's Agent
Ana Lee
RE/MAX Ready
List Price
$575,000
Sold Price
$596,000
Premium/Discount to List
$21,000
3.65%
Views
40
Current Estimated Value
$629,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,479
Avg. Annual Appreciation
2.53%
Original Mortgage
$566,200
Outstanding Balance
$553,056
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$76,423

Purchase Details

Closed on
Mar 14, 2009
Sold by
Chang Charles H and Chang Hsin Lan W
Bought by
Liang Meizhen and Liang Mei Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.02%
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
Son Michael Jaehak $596,000 None Listed On Document
Liang Meizhen $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Michael Jaehak $566,200
Previous Owner Liang Meizhen $256,000
Previous Owner Liang Meizhen $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $596,000 +3.7% $268 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $575,000 -- $258 / 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 $6,980 $171,140 $59,230 $111,910
2024 $6,980 $171,140 $59,230 $111,910
2023 $6,715 $171,140 $59,230 $111,910
2022 $6,532 $171,140 $59,230 $111,910
2021 $6,363 $171,140 $59,230 $111,910
2020 $6,215 $171,140 $59,230 $111,910
2019 $6,157 $171,140 $59,230 $111,910
2018 $6,158 $171,140 $59,230 $111,910
2017 $5,880 $171,140 $59,230 $111,910
2016 $5,813 $171,140 $59,230 $111,910
2015 $5,586 $171,140 $59,230 $111,910
2014 $5,586 $171,140 $59,230 $111,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2072206

Bright MLS

APN: 43-00-03730-223