Seller's Agent in 2019
Carmen Gambone
Keller Williams Main Line
(610) 960-3737
27 in this area
44 Total Sales
549 Cherry St Norristown, PA 19401
Estimated Value: $190,000 - $334,851
Studio
2
Baths
2,576
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- No HOA
- Heating System Uses Steam
- Carpet
- Electric Baseboard Heater
- Replacement Windows
- 2-minute walk to Cherry Street Park
About This Home
As of May 2019Check out this 2 unit income producing apartment Building. All units are occupied by long term tenants. 1st floor rent gets $700 a month. Unit#2 gets $1250 a month. Tenants pay all utilities except water and sewer. Property has 2 off street parking spots in the rear. Minutes to the Lafayette Street Extension project, which will improve access to other main corridors. Walking distance to transportation. Property is being sold as is. Buyer is responsible for U&O and any municipal certs. Listing agent has managed the property for over 5 years.
Last Agent to Sell the Property
(610) 520-0100 info@mainlinekw.com Keller Williams Main Line Brokerage Phone: 6105200100 Listed on: 04/15/2019
Last Buyer's Agent
(484) 498-4000 christineperry49@gmail.com Springer Realty Group License #RS283565
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 2,025 Sq Ft Lot
- Lot Dimensions are 20.00 x 0.00
- Property is in good condition
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 2,576 Sq Ft Home
- Replacement Windows
- Basement Fills Entire Space Under The House
- Fire Escape
- Gas Oven or Range
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Radiator
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- Heating System Uses Steam
- Above Ground Utilities
- 100 Amp Service
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- The owner pays for heater maintenance contract, management, insurance, pest control, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
- Tax Lot 074
- Assessor Parcel Number 13-00-08100-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2019
Closed on
May 31, 2019
Sold by
Chapman Thomas
Bought by
Kop Properties Llc
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
Christine Perry
Springer Realty Group
List Price
$115,000
Sold Price
$115,000
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
$142,463
Avg. Annual Appreciation
12.52%
Purchase Details
Listed on
Apr 23, 2014
Closed on
Dec 4, 2014
Sold by
Rubenstein Craig
Bought by
Chapman Thomas
Seller's Agent
Carmen Gambone
Keller Williams Main Line
Buyer's Agent
Carmen Gambone
Keller Williams Main Line
List Price
$109,900
Sold Price
$97,000
Premium/Discount to List
-$12,900
-11.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$72,750
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2010
Sold by
Lankin Eric
Bought by
Rubenstein Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.05%
Purchase Details
Closed on
May 7, 2009
Sold by
American Home Mtg Ser Inc
Bought by
Lankin Eric
Purchase Details
Closed on
Mar 25, 2009
Sold by
Berky Jeffrey A
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Oct 6, 2004
Sold by
Not Provided
Bought by
Not Provided
Purchase Details
Closed on
Aug 27, 2004
Sold by
Not Provided
Bought by
Not Provided
Purchase Details
Closed on
Oct 21, 1997
Sold by
Popow Robert A and Popow Linda M
Bought by
Iannarelli Patrick J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kop Properties Llc | $115,000 | None Available | |
| Chapman Thomas | $97,000 | Germantown Title Company | |
| Rubenstein Craig | $145,000 | None Available | |
| Lankin Eric | $70,000 | None Available | |
| Deutsche Bank National Trust Co | $1,554 | None Available | |
| Not Provided | $115,000 | -- | |
| Not Provided | $115,000 | -- | |
| Iannarelli Patrick J | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chapman Thomas | $72,750 | |
| Previous Owner | Rubenstein Craig | $108,750 | |
| Closed | Not Provided | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2019 05/31/19 | Sold | $115,000 | 0.0% | $45 / Sq Ft | |
| 05/01/2019 05/01/19 | Pending | -- | -- | -- | |
| 04/15/2019 04/15/19 | For Sale | $115,000 | +18.6% | $45 / Sq Ft | |
| 12/11/2014 12/11/14 | Sold | $97,000 | -11.7% | $38 / Sq Ft | View Prior Sale |
| 11/14/2014 11/14/14 | Pending | -- | -- | -- | |
| 04/23/2014 04/23/14 | For Sale | $109,900 | -- | $43 / Sq Ft |
Source: Bright MLS
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 | $3,406 | $55,490 | $24,890 | $30,600 |
| 2024 | $3,406 | $55,490 | $24,890 | $30,600 |
| 2023 | $3,375 | $55,490 | $24,890 | $30,600 |
| 2022 | $3,303 | $55,490 | $24,890 | $30,600 |
| 2021 | $3,286 | $55,490 | $24,890 | $30,600 |
| 2020 | $3,135 | $55,490 | $24,890 | $30,600 |
| 2019 | $3,078 | $55,490 | $24,890 | $30,600 |
Source: Public Records
Agents Affiliated with this Home
-
Carmen Gambone
-
Christine Perry
Buyer's Agent in 2019
Christine Perry
Springer Realty Group
(484) 686-8521
10 in this area
16 Total Sales
-
K
Seller Co-Listing Agent in 2014
KELLY MAZURICK
Keller Williams Main Line
Map
Source: Bright MLS
MLS Number: PAMC604432
APN: 13-00-08100-005
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