NOT LISTED FOR SALE

527 Green St Norristown, PA 19401

Estimated Value: $268,469 - $373,000

-- Bed
4 Baths
3,709 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $210,000 $57 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,146/month

Highlights

  • Main Floor Bedroom
  • Family Room Off Kitchen
  • Patio
  • No HOA
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of August 2019

Check out this 4 unit income producing apartment Building. All units are occupied.1st floor apartment gets $700 a month. Unit#2 gets $900 a month. Unit#3 gets $600 a month and unit #4 gets $700. Tenants pay all utilities except water and sewer. Each apartment has their own separate heaters (Gas), electrical panels, and hot water heaters (Electric.) Minutes to the Lafayette Street Extension project, which will improve access to other main corridors. Close to Septa transportation, R-100 trolley, and Septa R6 train station. Property is being sold as is. Buyer is responsible for U&O and any municipal certs.Listing agent is currently managing the property.

Last Agent to Sell the Property

Carmen Gambone

(610) 960-3737 carmengambone@gmail.com Keller Williams Main Line Listed on: 07/13/2019

Keller Williams Main Line

Last Buyer's Agent

John Frazer

(610) 348-3787 john@johnfrazar.com Tesla Realty Group, LLC License #RS328803

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 1875

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 32.00 x 0.00
  • Infill Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Main Floor Bedroom
  • 3,709 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Playground

Schools

  • Norristown High School

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection, water, snow removal, sewer, repairs, pest control, lawn/shrub care, insurance
  • Tax Lot 026
  • Assessor Parcel Number 13-00-14392-004

Community Details

Overview

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

Building Details

  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,136

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant in Unit #2 (3 bedroom) owns their refrigerators.
  • Inclusions: 4 stoves and 3 refrigerators.
  • New Construction: No
  • Year Built: 1875
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Gas, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminated, Partially Carpeted, Vinyl, Fully Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Total Sq Ft: 3709
  • Living Area Sq Ft: 3709
  • Price Per Sq Ft: 59.32
  • Above Grade Finished Sq Ft: 3709
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Exterior Features: Sidewalks, Play Area, Exterior Lighting
  • Road Surface Type: Paved
  • Roof: Flat, Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.07
  • Lot Dimensions: 32.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TC

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Trash Collection, Water, Snow Removal, Sewer, Repairs, Pest Control, Lawn/Shrub Care, Insurance
  • Total Actual Rent: 34800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2792.00
  • Tax Annual Amount: 4136.00
  • Assessor Parcel Number: 13-00-14392-004
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 3709
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 08/23/2019

Multi Family

  • Gross Scheduled Income: 34800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Aug 23, 2019
Sold by
Lim John J and Lim Yoo J
Bought by
Frazar John
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
John Frazer
Tesla Realty Group, LLC
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$338,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,117
Avg. Annual Appreciation
8.07%
Original Mortgage
$157,500
Outstanding Balance
$137,941
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$200,176

Purchase Details

Listed on
Mar 10, 2018
Closed on
Apr 26, 2018
Sold by
Towns Stewart M and Towns Karen E
Bought by
Lim John Jay and Lim Yoo Jung
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
Carmen Gambone
Keller Williams Main Line
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$136,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
Feb 11, 2015
Sold by
Lankin Eric
Bought by
Towns Stewart M and Towns Karen E
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
Carmen Gambone
Keller Williams Main Line
List Price
$219,900
Sold Price
$165,000
Premium/Discount to List
-$54,900
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$115,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Wells Fargo Bank
Bought by
Lankin Eric

Purchase Details

Closed on
Jan 22, 2009
Sold by
Shafer Gabriella and Shafer Benjamin A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 18, 2006
Sold by
Shafer Benjamin A
Bought by
Shafer Benjamin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.34%

Purchase Details

Closed on
Mar 24, 2005
Sold by
Not Provided
Bought by
Shafer Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Not Provided
Bought by
Shafer Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Culbreath Cheryl
Bought by
Bank Of Ny Tr

Purchase Details

Closed on
Apr 25, 1998
Sold by
Blr Associates
Bought by
Culbreath Cheryl

Purchase Details

Closed on
Feb 26, 1998
Sold by
Caprio Robert John and Caprio Joan Marie
Bought by
Blr Associates Ltd
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
Frazar John $210,000 Germantown Title
Lim John Jay $195,000 Germantown Title Co
Towns Stewart M $165,000 Germantown Title Company
Lankin Eric $120,000 None Available
Wells Fargo Bank Na $1,701 None Available
Shafer Benjamin A -- None Available
Shafer Properties Llc $90,000 --
Shafer Properties Llc $90,000 --
Bank Of Ny Tr $1,534 --
Culbreath Cheryl $67,500 --
Blr Associates Ltd $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazar John $157,500
Previous Owner Lim John Jay $136,500
Previous Owner Towns Stewart M $115,500
Previous Owner Shafer Benjamin A $188,000
Previous Owner Shafer Properties Llc $119,200
Previous Owner Shafer Properties Llc $119,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Sold $210,000 -4.5% $57 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $220,000 +12.8% $59 / Sq Ft
04/26/2018 04/26/18 Sold $195,000 -2.5% $53 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $200,000 0.0% $54 / Sq Ft
03/10/2018 03/10/18 For Sale $200,000 +21.2% $54 / Sq Ft
02/14/2015 02/14/15 Sold $165,000 -25.0% $44 / Sq Ft View Prior Sale
01/10/2015 01/10/15 Pending -- -- --
04/23/2014 04/23/14 For Sale $219,900 -- $59 / 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 $4,470 $72,820 -- --
2024 $4,470 $72,820 -- --
2023 $4,430 $72,820 $0 $0
2022 $4,430 $72,820 $0 $0
2021 $4,334 $72,820 $0 $0
2020 $4,239 $72,820 $0 $0
2019 $4,114 $72,820 $0 $0
2018 $2,688 $72,820 $0 $0
2017 $3,709 $72,820 $0 $0
2016 $3,681 $72,820 $0 $0
2015 $3,527 $72,820 $0 $0
2014 $3,527 $72,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC617950

Bright MLS

APN: 13-00-14392-004