Seller's Agent in 2022
Michael Marchese
Coldwell Banker Realty
(610) 476-4651
39 in this area
167 Total Sales
619 W Main St Norristown, PA 19401
Estimated Value: $315,000 - $371,000
--
Bed
3
Baths
3,480
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- No HOA
- Hot Water Heating System
- 4-minute walk to Crawford Park
About This Home
As of March 2022Looking for the perfect opportunity to add to your investment portfolio? This Income-Producing Triplex in Norristown Boro is just what you need! Located right on W Main St, this twin home has replacement windows (2009), 3 separate 100 AMP electrical systems (2009), 3 natural gas heating systems (2009), and 3 natural gas water heaters (2010). Unit 1 is a 3 bed apartment with a large living room, washer/dryer, access to a full unfinished basement for storage, and a sunroom in the rear of the unit that provides backyard access- currently occupied and generating $950/month. Unit 2 is a 2 bed apartment on the second floor- currently occupied and generating $940/month. Unit 3 is a 2 bedroom apartment on the third floor- currently vacant and ready to house its next tenant! Check out the 3D Tour to virtually walk-through all of the units, then call to schedule your showing before you miss out!
Last Agent to Sell the Property
(610) 476-4651 mmarchese@cbrealty.com Coldwell Banker Realty License #RS306072 Listed on: 08/11/2021
Last Buyer's Agent
(610) 476-4651 mmarchese@cbrealty.com Coldwell Banker Realty License #RS306072 Listed on: 08/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,010
Year Built
- Built in 1910
Lot Details
- 3,940 Sq Ft Lot
- Lot Dimensions are 25.00 x 0.00
Home Design
- Triplex
- AirLite
- Brick Exterior Construction
- Stucco
Interior Spaces
- 3,480 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Norristown Area High School
Utilities
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for real estate taxes, insurance, management, water, sewer, repairs
- Tax Lot 012
- Assessor Parcel Number 13-00-23052-002
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $2,556
- Maintenance Expense $2,500
- Manager Expense $1,810
- Other Expense $9,409
- Operating Expense $16,275
- Gross Income $32,880
- Net Operating Income $16,065
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2006
Sold by
H S Ser Inc
Bought by
Pitts Ronald and Pitts Dennis J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$96,295
Interest Rate
6.71%
Estimated Equity
$237,941
Purchase Details
Closed on
Apr 29, 2004
Sold by
Cline David and Cline Donna S
Bought by
H & S Ser Inc
Purchase Details
Closed on
Jun 3, 1998
Sold by
Herman Peter H
Bought by
Herman Peter H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitts Ronald | $125,000 | None Available | |
| H & S Ser Inc | $90,000 | -- | |
| Herman Peter H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pitts Ronald | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2022 03/10/22 | Sold | $264,000 | -0.3% | $76 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $264,900 | -- | $76 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,272 | $67,700 | -- | -- |
| 2024 | $4,155 | $67,700 | -- | -- |
| 2023 | $4,118 | $67,700 | $0 | $0 |
| 2022 | $4,029 | $67,700 | $0 | $0 |
| 2021 | $4,010 | $67,700 | $0 | $0 |
| 2020 | $3,825 | $67,700 | $0 | $0 |
| 2019 | $3,755 | $67,700 | $0 | $0 |
| 2018 | $2,499 | $67,700 | $0 | $0 |
| 2017 | $3,449 | $67,700 | $0 | $0 |
| 2016 | $3,422 | $67,700 | $0 | $0 |
| 2015 | $3,278 | $67,700 | $0 | $0 |
| 2014 | $3,278 | $67,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Marchese
Map
Source: Bright MLS
MLS Number: PAMC2002982
APN: 13-00-23052-002
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