NOT LISTED FOR SALE

653 Stanbridge St Norristown, PA 19401

Estimated Value: $273,000 - $294,000

Studio
2 Baths
2,112 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2020

Last sale price $115,000 $54 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,993 / mo

80 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Central Heating
  • No HOA
  • Cooling Available
  • Heating System Uses Steam

About This Home

As of October 2020

TWIN TRIPLEX WITH 4 RENTAL UNITS, THREE RESIDENTIAL RENTALS , EACH ON THEIR OWN LEVEL AND A 2 CAR DETACHED GARAGE FOR ADDITIONAL INCOME. THE PROPERTY IS PRICED DUE TO ( A Water Leak had Occurred on the 3rd floor which caused damage to the 1st floor ceiling, bathroom & Flooring. See Documents )Buyer is responsible for any and all repairs to the property & the Use & Occupancy permit.PLEASE REVIEW THE WATER PRO INVOICE PRIOR TO SCHEDULING A SHOWING, NO REPAIR WORK HAS BEEN DONE EXCEPT FOR THE WATER PIPE REPAIR.

Last Agent to Sell the Property

Bruce Augustine

(610) 584-3000 bruceaugustine@realtyexecutives.com Realty Executives-Skippack License #RM063072L Listed on: 06/12/2020

Realty Executives-Skippack

Last Buyer's Agent

Gregory Martire

(484) 498-4000 GregoryMartire@gmail.com Springer Realty Group License #RS225353L

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,700 Sq Ft Lot
  • Lot Dimensions are 23.00 x 170.00

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Norristown High School

Utilities

  • Cooling Available
  • Central Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water, insurance
  • Tax Lot 053
  • Assessor Parcel Number 13-00-35506-004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Norristown Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,700 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: 3 REFRIGERATORS & 1 CLOTHES DRYER
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Price Per Sq Ft: 71.02
  • Above Grade Finished Sq Ft: 2112
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Steam, Radiator, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: NORRISTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 23.00 x 170.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3700.00
  • Zoning: R2

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Electricity, Gas, Sewer, Water, Insurance
  • Rent Control: No
  • Total Actual Rent: 30000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 622010
  • School Tax: 3725.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5461.00
  • Assessor Parcel Number: 13-00-35506-004
  • Tax Lot: 053
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 4
  • Vacancy Allowance Rate: 3.00

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Oct 30, 2020
Sold by
Richichi Sara
Bought by
555 Realty Llc
Seller's Agent
Bruce Augustine
Realty Executives-Skippack
Buyer's Agent
Gregory Martire
Springer Realty Group
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%
Current Estimated Value
$280,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,900
Avg. Annual Appreciation
17.81%

Purchase Details

Closed on
Jul 24, 2003
Sold by
Anders Debbie and Clyde Anders S
Bought by
Anders S Clyde
Source: Public Records
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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
555 Realty Llc $115,000 None Available
Anders S Clyde -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $115,000 -23.3% $54 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $150,000 0.0% $71 / Sq Ft
06/26/2020 06/26/20 For Sale $150,000 +30.4% $71 / Sq Ft
06/15/2020 06/15/20 Off Market $115,000 -- --
06/12/2020 06/12/20 For Sale $135,000 0.0% $64 / Sq Ft
08/14/2019 08/14/19 Rented $825 0.0% --
08/12/2019 08/12/19 Off Market $825 -- --
07/31/2019 07/31/19 For Rent $825 -- --
Source: Bright MLS

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 $5,774 $94,070 $22,510 $71,560
2024 $5,774 $94,070 $22,510 $71,560
2023 $5,723 $94,070 $22,510 $71,560
2022 $5,599 $94,070 $22,510 $71,560
2021 $5,571 $94,070 $22,510 $71,560
2020 $5,315 $94,070 $22,510 $71,560
2019 $5,218 $94,070 $22,510 $71,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC652064

Bright MLS

APN: 13-00-35506-004

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