NOT LISTED FOR SALE

557 Buttonwood St Norristown, PA 19401

Estimated Value: $232,000 - $292,205

-- Bed
2 Baths
1,946 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $108,000 $55 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,842/month

533 Days on Market

About This Home

As of January 2017

Great opportunity to own a duplex with a detached garage (currently being rented) in the heart of Norristown.Conveniently located to the Court House and transportation center. Unit #1 features 1 bedroom 1 bath and has access to full basement. Unit #2 features 3 bedrooms 1 bath.

Last Agent to Sell the Property

Amy Natale

(215) 641-2053 amy.natale@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 06/28/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Holly Spector Reger

(610) 517-6962 hollysreger@aol.com Long & Foster Real Estate, Inc. License #AB067376

Last Buyer's Agent

Lisa Nicholson

(484) 571-6030 lisanicre@aol.com EXP Realty, LLC License #RS217469L

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • 1,946 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 13-00-05900-009

Community Details

Overview

  • No Home Owners Association
  • Norristown Subdivision

Building Details

  • Operating Expense $4,668

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 1946
  • Living Area Sq Ft: 1946
  • Price Per Sq Ft: 60.64
  • Above Grade Finished Sq Ft: 1946
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Property Attached Yn: Yes
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 614437
  • Tax Annual Amount: 4783.00
  • Assessor Parcel Number: 13-00-05900-009
  • Tax Lot: 040
  • Tax Year: 2016

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2015
Closed on
Jan 21, 2017
Sold by
Downey John and Downey John
Bought by
Eison Luther E
Seller's Agent
Amy Natale
Long & Foster Real Estate, Inc.
Buyer's Agent
Lisa Nicholson
EXP Realty, LLC
List Price
$128,900
Sold Price
$108,000
Premium/Discount to List
-$20,900
-16.21%
Current Estimated Value
$258,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,551
Avg. Annual Appreciation
10.29%
Original Mortgage
$106,043
Outstanding Balance
$86,451
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$172,100

Purchase Details

Closed on
Sep 11, 2014
Sold by
Downey Joseph and Downey John
Bought by
Downey Joseph and Downey John

Purchase Details

Closed on
May 27, 2004
Sold by
Delpaggio Robert
Bought by
Downey Joseph and Downey John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Eison Luther E $10,800,000 None Available
Downey Joseph -- None Available
Downey Joseph $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eison Luther E $106,043
Previous Owner Downey Joseph $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $108,000 -16.2% $55 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
06/28/2015 06/28/15 For Sale $128,900 -- $66 / 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 $5,808 $94,620 $22,030 $72,590
2024 $5,808 $94,620 $22,030 $72,590
2023 $5,756 $94,620 $22,030 $72,590
2022 $5,631 $94,620 $22,030 $72,590
2021 $5,604 $94,620 $22,030 $72,590
2020 $5,346 $94,620 $22,030 $72,590
2019 $5,248 $94,620 $22,030 $72,590
2018 $3,247 $94,620 $22,030 $72,590
2017 $4,820 $94,620 $22,030 $72,590
2016 $4,783 $94,620 $22,030 $72,590
2015 $4,668 $94,620 $22,030 $72,590
2014 $4,582 $94,620 $22,030 $72,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003467475

Bright MLS

APN: 13-00-05900-009