529 Cherry St Norristown, PA 19401
Estimated payment $777/month
Highlights
- Popular Property
- 1 Fireplace
- Hot Water Baseboard Heater
- Deck
- Tile or Brick Flooring
- 3-minute walk to Cherry Street Park
About This Home
This fully gutted duplex in the heart of Norristown—just blocks from the new municipal building—is ready for renovation. The home requires a full rehab, but plans can be provided for a potential two-bedroom, one-bath unit on the first floor, complementing the existing two-bedroom, one-bath unit on the second floor. With Montgomery County Housing Authority (MCHA) paying up to $2,196 per two-bedroom unit, this property offers a potential total monthly rental income of up to $4,386. Located close to public transportation and bus stops, this property presents strong long-term rental potential for the savvy investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,928
Year Built
- Built in 1900
Lot Details
- 2,200 Sq Ft Lot
- Lot Dimensions are 22.00 x 0.00
Home Design
- Duplex
- Fixer Upper
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,787 Sq Ft Home
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wall to Wall Carpet
- Tile or Brick
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Outdoor Features
- Deck
Schools
- Norristown Area High School
Utilities
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 064
- Assessor Parcel Number 13-00-08060-009
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,444 | $56,100 | $25,560 | $30,540 |
| 2023 | $3,413 | $56,100 | $25,560 | $30,540 |
| 2022 | $3,339 | $56,100 | $25,560 | $30,540 |
| 2021 | $3,323 | $56,100 | $25,560 | $30,540 |
| 2020 | $3,170 | $56,100 | $25,560 | $30,540 |
| 2019 | $3,112 | $56,100 | $25,560 | $30,540 |
| 2018 | $2,071 | $56,100 | $25,560 | $30,540 |
| 2017 | $2,858 | $56,100 | $25,560 | $30,540 |
| 2016 | $2,835 | $56,100 | $25,560 | $30,540 |
| 2015 | $2,716 | $56,100 | $25,560 | $30,540 |
| 2014 | $2,716 | $56,100 | $25,560 | $30,540 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $110,000 | -46.3% | $62 / Sq Ft |
| 03/15/2022 03/15/22 | Sold | $205,000 | 0.0% | $115 / Sq Ft |
| 01/31/2022 01/31/22 | Price Changed | $205,000 | 0.0% | $115 / Sq Ft |
| 01/16/2022 01/16/22 | Off Market | $205,000 | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $199,900 | -- | $112 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $205,000 | Evans Abstract Llc | |
| Sheriffs Deed | $109,956 | None Available | |
| Deed | $163,500 | None Available | |
| Deed | $53,000 | None Available | |
| Deed | $24,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,750 | New Conventional | |
| Previous Owner | $122,000 | New Conventional | |
| Previous Owner | $125,500 | No Value Available | |
| Previous Owner | $130,800 | No Value Available |
Source: Bright MLS
MLS Number: PAMC2141198
APN: 13-00-08060-009
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