NOT LISTED FOR SALE

662 E Marshall St Norristown, PA 19401

Estimated Value: $366,000 - $436,000

-- Bed
4 Baths
2,793 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $219,900 $79 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,581/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom

About This Home

As of March 2017

Turn Key, 4 Unit + Garage Rented. Newer Roof and well maintained. Each unit has it's own Washer/Dryer Hook Up, W/D supplied by tenants. Separately Metered Units. 8 Off Street parking spaces marked for each unit.Additional driveway parking. Landlord pays oil heat with thermostats managed in the basement. Long term owner, solid history.

Last Agent to Sell the Property

John Salkowski

(610) 709-5147 john@jrsrealtygroup.com Real of Pennsylvania License #AB068093 Listed on: 06/27/2016

Real of Pennsylvania

Co-Listed By

Wesley Firkin

(484) 688-7777 wes@wesleyfirkin.com EveryHome Realtors

Last Buyer's Agent

John Salkowski

(610) 709-5147 john@jrsrealtygroup.com Real of Pennsylvania License #AB068093 Listed on: 06/27/2016

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1920

Lot Details

  • 6,900 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,793 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Norristown Area High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 13-00-24420-002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Insurance Expense $1,900
  • Maintenance Expense $1,200
  • Operating Expense $16,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,934

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Garage
  • Year Built: 1920
  • Remarks Public: Turn Key, 4 Unit + Garage Rented. Newer Roof and well maintained. Each unit has it's own Washer/Dryer Hook Up, W/D supplied by tenants. Separately Metered Units. 8 Off Street parking spaces marked for each unit.Additional driveway parking. Landlord pays oil heat with thermostats managed in the basement. Long term owner, solid history.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2793
  • Living Area Sq Ft: 2793
  • Price Per Sq Ft: 78.73
  • Above Grade Finished Sq Ft: 2793
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 662

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 8
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Annual Heating Expense: 5000.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 300.00
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • School District Key: 300200397035
  • High School: NORRISTOWN AREA

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.16
  • Lot Dimensions: 60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6900.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 39060.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 619114
  • Tax Annual Amount: 4934.00
  • Assessor Parcel Number: 13-00-24420-002
  • Tax Lot: 037
  • Tax Year: 2017
  • Close Date: 03/24/2017

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Apr 17, 2017
Sold by
Rurode Loretta M and Rurode Donald
Bought by
Razzi Properties Llc
Seller's Agent
John Salkowski
Real of Pennsylvania
Buyer's Agent
John Salkowski
Real of Pennsylvania
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$391,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,216
Avg. Annual Appreciation
6.97%
Original Mortgage
$164,250
Outstanding Balance
$137,016
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,100

Purchase Details

Closed on
Apr 20, 1989
Bought by
Rurode Donald and Rurode Loretta M
Source: Public Records

Range of Values:

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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
Razzi Properties Llc $219,900 None Available
Rurode Donald $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razzi Properties Llc $164,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $219,900 0.0% $79 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
06/27/2016 06/27/16 For Sale $219,900 -- $79 / 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 $5,991 $97,610 $23,780 $73,830
2024 $5,991 $97,610 $23,780 $73,830
2023 $5,938 $97,610 $23,780 $73,830
2022 $5,809 $97,610 $23,780 $73,830
2021 $5,781 $97,610 $23,780 $73,830
2020 $5,515 $97,610 $23,780 $73,830
2019 $5,414 $97,610 $23,780 $73,830
2018 $3,604 $97,610 $23,780 $73,830
2017 $4,972 $97,610 $23,780 $73,830
2016 $4,935 $97,610 $23,780 $73,830
2015 $4,727 $97,610 $23,780 $73,830
2014 $4,727 $97,610 $23,780 $73,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003477195

Bright MLS

APN: 13-00-24420-002