NOT LISTED FOR SALE

611 W Main St Norristown, PA 19401

Estimated Value: $205,000 - $560,235

-- Bed
3 Baths
3,130 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $495,000 $158 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,428/month

130 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to Main Street (Norristown)
  • 3-minute walk to Crawford Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Starting in January 2024 the rental income will increase $800 a month.Great investment property seller will obtain the U&O. gross rent yearly $56844.00, yearly taxes $4291.00, yearly Peco $396.00, yearly water $780.00, yearly sewer $432.00, yearly property insurance $729.00, equals a yearly cash flow $50216.00. 4 Separate newer gas heaters,3 Separate newer central air units, New separate electric panels. Owner fireproofing entrance hallway new light fixtures and carpet.

Last Agent to Sell the Property

George Korkus

(610) 213-9200 georgekorkus@comcast.net Realty Mark Associates - KOP License #AB042252A Listed on: 08/02/2023

Realty Mark Associates - KOP

Last Buyer's Agent

Shawn Warman

(267) 885-4955 MoveWithShawn@gmail.com Realty One Group Restore - Collegeville License #RS329885

Realty One Group Restore - Collegeville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1910

Lot Details

  • 2,209 Sq Ft Lot
  • Lot Dimensions are 24.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 3,130 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 13-00-23036-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,175

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 3130
  • Living Area Sq Ft: 3130
  • Price Per Sq Ft: 158.15
  • Above Grade Finished Sq Ft: 3130
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 24.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2209.00
  • Zoning: QUADRAPLEX

Rental Info

  • Total Actual Rent: 56844.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2046.00
  • Tax Annual Amount: 3175.00
  • Assessor Parcel Number: 13-00-23036-009
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2000
Sold by
Nationwide Credit Services Inc
Bought by
541 Astor Lp
Current Estimated Value
$412,059

Purchase Details

Closed on
Dec 11, 2000
Sold by
Federal National Mortgage Association
Bought by
Nationwide Credit Services Inc

Purchase Details

Closed on
Sep 14, 2000
Sold by
Thomas Richard K and Thomas Anne P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 17, 1996
Sold by
Bower Jack C and Halsey Mark C
Bought by
Thomas Richard K and Thomas Anne P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
541 Astor Lp $42,000 --
Nationwide Credit Services Inc -- --
Federal National Mortgage Association $1,632 --
Thomas Richard K $92,463 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $495,000 0.0% $158 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $495,000 -- $158 / 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 $3,203 $52,200 -- --
2024 $3,203 $52,200 -- --
2023 $3,174 $52,200 $0 $0
2022 $3,107 $52,200 $0 $0
2021 $3,092 $52,200 $0 $0
2020 $2,949 $52,200 $0 $0
2019 $2,895 $52,200 $0 $0
2018 $1,927 $52,200 $0 $0
2017 $2,659 $52,200 $0 $0
2016 $2,639 $52,200 $0 $0
2015 $2,528 $52,200 $0 $0
2014 $2,528 $52,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2079562

Bright MLS

APN: 13-00-23036-009