NOT LISTED FOR SALE

561 E Main St Norristown, PA 19401

Estimated Value: $135,000 - $312,000

2 Beds
1 Bath
948 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $45,000 $47 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $1,234/month

10 Days on Market

Highlights

  • Straight Thru Architecture
  • Workshop
  • Eat-In Kitchen
  • No HOA
  • Formal Dining Room
  • Double Pane Windows

About This Home

As of May 2020

Work at Home this spring and rehab this Great Opportunity all inside for a quick profit or Keep IT for a GREAT RENTAL!Cleanout is Done!Great Buy and Hold Rental!Traditional Straight Brick Home near!A short walk or bike ride to the Norristown Train Station, Court House, Shops, Cafes, Restaurants Nice Backyard for grilling this summer! Plenty of Free Parking on StreetPossible to Open Floor Plan - open the large Dining-Kitchen to make one big spaceAll Gas CookingForced Air Gas heatVinyl Double Pane, Replacement Windows 2 Bedrooms and 1 Full bathGreat Buy and Hold Rental!Location: Smart Location - walking distance to Norristown Train (0.7 miles 15 minute walk), Bus, shopping district, near to park and recreation. Easy commuter location with quick access to 202 (0.3 miles), the 276 (8 min 5.2 mi). Get back to work Today and MAKE Money!

Last Agent to Sell the Property

Lorraine Miranda

(610) 680-2516 lorrainemiranda1980@gmail.com Bally Gwynedd Realty License #RM424913 Listed on: 04/06/2020

Last Buyer's Agent

Lorraine Miranda

(610) 680-2516 lorrainemiranda1980@gmail.com Bally Gwynedd Realty License #RM424913 Listed on: 04/06/2020

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 972 Sq Ft Lot
  • Lot Dimensions are 12.00 x 0.00
  • Property is in very good condition

Home Design

  • Straight Thru Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 948 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Replacement Windows
  • Living Room
  • Formal Dining Room
  • Workshop
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • Free Parking
  • Lighted Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • 60 Amp Service

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 046
  • Assessor Parcel Number 13-00-22188-002

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Formal/Separate Dining Room, Kitchen - Eat-In
  • Window Features: Double Pane, Replacement
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Workshop, Full Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 948
  • Living Area Sq Ft: 948
  • Price Per Sq Ft: 52.64
  • Above Grade Finished Sq Ft: 948
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Lighted Parking
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 12.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 972.00
  • Property Condition: Below Average, Major Rehab Needed, Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 618554
  • Assessor Parcel Number: 13-00-22188-002
  • Tax Lot: 046
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 10, 2020
Sold by
Meekins Felicia D
Bought by
Baci Ilir
Seller's Agent
Lorraine Miranda
Bally Gwynedd Realty
Buyer's Agent
Lorraine Miranda
Bally Gwynedd Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$197,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,559
Avg. Annual Appreciation
30.55%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Peoples M Inc
Bought by
Sims Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.52%
Mortgage Type
VA

Purchase Details

Closed on
Aug 10, 1995
Sold by
Bruni Rosario G and Bruni Irene
Bought by
M Peoples Inc
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
Baci Ilir $45,000 None Available
Sims Joseph K $78,000 None Available
M Peoples Inc $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims Joseph K $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $45,000 -9.8% $47 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $49,900 -- $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 $2,376 $38,720 $14,670 $24,050
2024 $2,376 $38,720 $14,670 $24,050
2023 $2,355 $38,720 $14,670 $24,050
2022 $2,305 $38,720 $14,670 $24,050
2021 $2,293 $38,720 $14,670 $24,050
2020 $2,255 $38,720 $14,670 $24,050
2019 $274 $38,720 $14,670 $24,050
2018 $0 $38,720 $14,670 $24,050
2017 $0 $38,720 $14,670 $24,050
2016 -- $38,720 $14,670 $24,050
2015 -- $38,720 $14,670 $24,050
2014 -- $38,720 $14,670 $24,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC646010

Bright MLS

APN: 13-00-22188-002