NOT LISTED FOR SALE

548 Burnside Ave Norristown, PA 19403

Estimated Value: $394,000 - $422,112

2 Beds
2 Baths
1,371 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $350,000 $255 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,663/month

4 Days on Market

Highlights

  • 1.6 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Rambler Architecture

About This Home

As of July 2023

Welcome to this charming 2-bedroom, 2-full bath home nestled on a sprawling 1.6-acre lot! This property presents an incredible opportunity for those wanting to live in a great and affordable home which they can put their personal touches on over the years. As you approach the property, you will be captivated by the lush greenery that surrounds the home. The expansive lot offers endless possibilities for gardening enthusiasts, outdoor entertaining, or even adding additional structures. Step inside, and you'll find a spacious floor plan that provides a seamless flow throughout the home. The living room welcomes you with its warm ambiance and natural light thanks to its large windows. The kitchen is a delightful space with ample countertop space awaiting your personal touch. The two bedrooms are generously sized, each offering comfortable living spaces and storage options. A full bath and the dining area leading out to your large private deck completes the main floor. There is plenty of space in the partially finished basement to get away and work on your next home project in the workshop area. Step outside to discover an oversized two car garage and the vast potential of the 1.6-acre lot. The property is a haven for nature lovers, offering endless possibilities for landscaping, gardening, and outdoor entertainment. Don't miss out on this rare opportunity to create your own masterpiece out of this one of a kind rancher with endless potential!

Last Agent to Sell the Property

Matthew Marino

matt@theartisanrealtors.com Real of Pennsylvania License #RS334793 Listed on: 06/01/2023

Real of Pennsylvania

Last Buyer's Agent

Thomas Toole III

(484) 297-9703 tom@tomtoole.com RE/MAX Main Line-West Chester License #RS228901

RE/MAX Main Line-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,530

Year Built

  • Built in 1950

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 100.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • 1,371 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 33-00-01186-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,530

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-02
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1371
  • Living Area Sq Ft: 1371
  • Price Per Sq Ft: 232.68
  • Above Grade Finished Sq Ft: 1371
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 548

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 1.60
  • Lot Dimensions: 100.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69900.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5553.00
  • Tax Annual Amount: 6530.00
  • Assessor Parcel Number: 33-00-01186-005
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 1371
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/11/2023

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 10, 2023
Sold by
Stringer Barbara T
Bought by
Korczak William
Seller's Agent
Matthew Marino
Real of Pennsylvania
Buyer's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
List Price
$319,000
Sold Price
$350,000
Premium/Discount to List
$31,000
9.72%
Views
60
Current Estimated Value
$402,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,778
Avg. Annual Appreciation
6.47%
Original Mortgage
$280,000
Outstanding Balance
$273,221
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$129,557

Purchase Details

Closed on
Oct 9, 1985
Bought by
Stringer Harry and Stringer Barbara T
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
Korczak William $350,000 None Listed On Document
Stringer Harry $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korczak William $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $350,000 +9.7% $255 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $319,000 -- $233 / 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 $6,608 $140,260 $71,570 $68,690
2024 $6,608 $140,260 $71,570 $68,690
2023 $6,530 $140,260 $71,570 $68,690
2022 $6,486 $140,260 $71,570 $68,690
2021 $6,445 $140,260 $71,570 $68,690
2020 $6,246 $140,260 $71,570 $68,690
2019 $6,101 $140,260 $71,570 $68,690
2018 $6,100 $140,260 $71,570 $68,690
2017 $5,746 $140,260 $71,570 $68,690
2016 $5,690 $140,260 $71,570 $68,690
2015 $5,393 $140,260 $71,570 $68,690
2014 $5,393 $140,260 $71,570 $68,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2073890

Bright MLS

APN: 33-00-01186-005