Seller's Agent in 2024
JAMES BARR
Homestarr Realty
(610) 633-3900
30 in this area
61 Total Sales
535 E Main St Norristown, PA 19401
Estimated Value: $144,080 - $244,000
--
Bed
1
Bath
1,400
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- Electric Baseboard Heater
- Asbestos
- More Than Two Accessible Exits
About This Home
As of November 2024Discover a unique multi-family investment opportunity with this charming property featuring two separate buildings. The front structure boasts a cozy 2-bedroom, 1-bathroom home, while the rear offers a detached, two-story unit with 1 bedroom and 1.5 bathrooms. Both units are currently leased on a month-to-month basis, providing flexibility for future plans. Currently the monthly rent is $2,390. Situated in a serene part of town, this property is conveniently close to highways, parks, shopping, and other amenities. Don’t miss this rare chance to own a versatile property with great rental potential!
Last Agent to Sell the Property
atlascedarproperties@gmail.com Homestarr Realty License #RS335112 Listed on: 08/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,978
Year Built
- Built in 1910
Lot Details
- 1,916 Sq Ft Lot
- Lot Dimensions are 19.00 x 0.00
Parking
- On-Street Parking
Home Design
- 1,400 Sq Ft Home
- Duplex
- Straight Thru Architecture
- Bi-Level Home
- Brick Foundation
- Asbestos
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Radiator
- Electric Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 047
- Assessor Parcel Number 13-00-22132-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2024
Closed on
Dec 10, 2024
Sold by
254 E Main St Holdings Llc
Bought by
Kiafrica Llc
Seller's Agent
JAMES BARR
Homestarr Realty
Buyer's Agent
David Sawyer
Homestarr Realty
List Price
$249,999
Sold Price
$232,000
Premium/Discount to List
-$17,999
-7.2%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,980
Avg. Annual Appreciation
-18.53%
Original Mortgage
$185,600
Outstanding Balance
$184,121
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$4,899
Purchase Details
Listed on
Nov 25, 2019
Closed on
Jun 15, 2020
Sold by
Cotteta Joseph and Cotteta Sandy Decarlo
Bought by
254 E Main Street Holdings Llc
Seller's Agent
Donna Moles
Charles L. Moles Real Estate, LLC
Buyer's Agent
Donna Moles
Charles L. Moles Real Estate, LLC
List Price
$119,900
Sold Price
$107,000
Premium/Discount to List
-$12,900
-10.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%
Original Mortgage
$95,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 1990
Bought by
Cotteta Joseph and Sandy Decarlo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kiafrica Llc | $232,000 | Isave Abstract | |
| Kiafrica Llc | $232,000 | Isave Abstract | |
| 254 E Main Street Holdings Llc | $107,000 | None Available | |
| Cotteta Joseph | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kiafrica Llc | $185,600 | |
| Closed | Kiafrica Llc | $185,600 | |
| Previous Owner | 254 E Main Street Holdings Llc | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $232,000 | -1.2% | $166 / Sq Ft | |
| 11/12/2024 11/12/24 | Price Changed | $234,900 | 0.0% | $168 / Sq Ft | |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- | |
| 09/23/2024 09/23/24 | Price Changed | $234,900 | -6.0% | $168 / Sq Ft | |
| 08/28/2024 08/28/24 | For Sale | $249,999 | +133.6% | $179 / Sq Ft | |
| 06/15/2020 06/15/20 | Sold | $107,000 | -10.8% | $108 / Sq Ft | View Prior Sale |
| 03/05/2020 03/05/20 | Pending | -- | -- | -- | |
| 11/25/2019 11/25/19 | For Sale | $119,900 | -- | $121 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,986 | $48,640 | $24,230 | $24,410 |
| 2024 | $2,986 | $48,640 | $24,230 | $24,410 |
| 2023 | $2,959 | $48,640 | $24,230 | $24,410 |
| 2022 | $2,895 | $48,640 | $24,230 | $24,410 |
| 2021 | $2,881 | $48,640 | $24,230 | $24,410 |
| 2020 | $2,748 | $48,640 | $24,230 | $24,410 |
| 2019 | $2,698 | $48,640 | $24,230 | $24,410 |
| 2018 | $1,796 | $48,640 | $24,230 | $24,410 |
| 2017 | $2,478 | $48,640 | $24,230 | $24,410 |
| 2016 | $2,459 | $48,640 | $24,230 | $24,410 |
| 2015 | $2,355 | $48,640 | $24,230 | $24,410 |
| 2014 | $2,355 | $48,640 | $24,230 | $24,410 |
Source: Public Records
Agents Affiliated with this Home
-
JAMES BARR
-
David Sawyer
Seller Co-Listing Agent in 2024
David Sawyer
Homestarr Realty
(267) 921-5033
14 in this area
39 Total Sales
-
Donna Moles
Seller's Agent in 2020
Donna Moles
Charles L. Moles Real Estate, LLC
(610) 504-7223
24 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2115056
APN: 13-00-22132-004
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