NOT LISTED FOR SALE

559 E Lafayette St Norristown, PA 19401

Estimated Value: $122,000 - $137,326

2 Beds
1 Bath
952 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $52,000 $55 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $923/month

87 Days on Market

Highlights

  • Straight Thru Architecture
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Patio
  • Replacement Windows

About This Home

As of August 2016

Enjoy the jogging/walking trails right outside the front door of this beautifully rehabbed home with a fully fenced, spacious backyard, large covered patio and storage shed. The updated kitchen is large and open with lots of counter space, including a huge eating bar, plus room for a table and chairs. New carpeting and vinyl flooring, updated 2nd floor full bath with tub, nice closet space and a pristine basement with washer and dryer are additional features. The plumbing fixtures have been updated, heater and hot water heater have been serviced, there are replacement vinyl windows and all new screens. The main roof was sealed in December, 2015 and the porch roof replaced at that time. Don't miss this excellent value! Wonderful investment property or first-time home! Why rent when you can buy and enjoy the benefits of owning your home!

Last Agent to Sell the Property

Janice Drury

(610) 283-8273 jdrury@remax.net Tesla Realty Group, LLC License #AB050957L Listed on: 05/03/2016

Tesla Realty Group, LLC

Last Buyer's Agent

Peg Chism

(215) 802-6491 peg.chism@longandfoster.com Long & Foster Real Estate, Inc. License #RS227582L

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1910

Lot Details

  • 1,817 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Stucco

Interior Spaces

  • 952 Sq Ft Home
  • Property has 2 Levels
  • Replacement Windows
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number 13-00-19348-007

Townhouse Details

Home Type

Townhome

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 952
  • Living Area Sq Ft: 952
  • Net Sq Ft: 952.00
  • Price Per Sq Ft: 68.28
  • Above Grade Finished Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1817.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 617837
  • Tax Annual Amount: 2271.00
  • Assessor Parcel Number: 13-00-19348-007
  • Tax Lot: 030
  • Tax Year: 2016

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 22, 2015
Sold by
559 East Lafayette Street Llc
Bought by
Shemar Steven
Seller's Agent
Paul Piantone
Tone Realty Company LLC
Buyer's Agent
Paul Piantone
Tone Realty Company LLC
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Current Estimated Value
$132,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,109
Avg. Annual Appreciation
13.91%
Original Mortgage
$37,000
Outstanding Balance
$29,031
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,078

Purchase Details

Closed on
Sep 24, 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
Jun 25, 2003
Sold by
Bussell Joseph L and Bussell Joyce H
Bought by
Bergan Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shemar Steven $35,000 Attorney
Not Provided $57,000 --
Not Provided $57,000 --
Bergan Charles $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shemar Steven $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2016 08/25/16 Sold $52,000 -20.0% $55 / Sq Ft
08/05/2016 08/05/16 For Sale $65,000 0.0% $68 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
05/29/2016 05/29/16 Price Changed $65,000 -7.0% $68 / Sq Ft
05/03/2016 05/03/16 For Sale $69,900 +99.7% $73 / Sq Ft
10/01/2015 10/01/15 Sold $35,000 -30.0% $37 / Sq Ft View Prior Sale
04/28/2015 04/28/15 For Sale $50,000 0.0% $53 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $50,000 -- $53 / 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 $2,758 $44,920 $20,810 $24,110
2024 $2,758 $44,920 $20,810 $24,110
2023 $2,733 $44,920 $20,810 $24,110
2022 $2,674 $44,920 $20,810 $24,110
2021 $2,660 $44,920 $20,810 $24,110
2020 $2,538 $44,920 $20,810 $24,110
2019 $1,448 $44,920 $20,810 $24,110
2018 $1,658 $44,920 $20,810 $24,110
2017 $2,288 $44,920 $20,810 $24,110
2016 $2,270 $44,920 $20,810 $24,110
2015 $2,215 $44,920 $20,810 $24,110
2014 $2,175 $44,920 $20,810 $24,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002424392

Bright MLS

APN: 13-00-19348-007