NOT LISTED FOR SALE

669 George St Norristown, PA 19401

Estimated Value: $154,000 - $310,654

-- Bed
3 Baths
2,524 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $199,900 $79 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,683/month

7 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of December 2020

Great investment triplex on a quiet street in charming Norristown Boro. Conveniently located minutes from 202, 476, Germantown Pike, Norristown Transportation Center , Einstein Medical Center, & the Montgomery County Courthouse. The kitchens have been updated with newer appliances, cooktop stove, updated cabinetry, & ceramic tile flooring. The living rooms have plush carpeting, bright windows, and neutral paint. The lovely bedrooms are spacious, with large closets & wall-to-wall carpeting. Don't forget the cute yard, one car garage & off street driveway parking in back. Plenty of street parking available as well! Excellent opportunity to own positive cash flow properties. Close to Scagg Cottman Park, Norristown Farm Park, Elmwood Zoo, King of Prussia Mall, Plymouth Meeting Mall, & plenty of restaurants! Tenant pays electric for units. Landlord pays water & sewer. Tenants are paying $975 for 2 bdrm, $750 & $700 for 1 bdrm units. 2 leases are month-to-month, and one tenant's lease is up Feb 2021. Please note: Tenant Occupied... Please send COVID forms , as well as proof of funds or conventional preapproval letter to listing agent or your appointment will be cancelled. NO FHA or VA . Please wear mask and limit to 2 buyers per agent.

Last Agent to Sell the Property

Tina Guerrieri

RE/MAX Central - Blue Bell Listed on: 09/29/2020

RE/MAX Central - Blue Bell

Last Buyer's Agent

Lawrence Ott

BHHS Fox & Roach-Blue Bell License #RS319265

BHHS Fox & Roach-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 1924

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,524 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 002
  • Assessor Parcel Number 13-00-13468-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,779

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great investment triplex on a quiet street in charming Norristown Boro. Conveniently located minutes from 202, 476, Germantown Pike, Norristown Transportation Center , Einstein Medical Center, & the Montgomery County Courthouse. The kitchens have been updated with newer appliances, cooktop stove, updated cabinetry, & ceramic tile flooring. The living rooms have plush carpeting, bright windows, and neutral paint. The lovely bedrooms are spacious, with large closets & wall-to-wall carpeting. Don't forget the cute yard, one car garage & off street driveway parking in back. Plenty of street parking available as well! Excellent opportunity to own positive cash flow properties. Close to Scagg Cottman Park, Norristown Farm Park, Elmwood Zoo, King of Prussia Mall, Plymouth Meeting Mall, & plenty of restaurants! Tenant pays electric for units. Landlord pays water & sewer. Tenants are paying $975 for 2 bdrm, $750 & $700 for 1 bdrm units. 2 leases are month-to-month, and one tenant's lease is up Feb 2021. Please note: Tenant Occupied... Please send COVID forms , as well as proof of funds or conventional preapproval letter to listing agent or your appointment will be cancelled. NO FHA or VA . Please wear mask and limit to 2 buyers per agent.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2524
  • Living Area Sq Ft: 2524
  • Price Per Sq Ft: 79.20
  • Above Grade Finished Sq Ft: 2524
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 669

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: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Owner Pays: Water, Sewer
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 616362
  • School Tax: 2578.00
  • Tax Annual Amount: 3779.00
  • Assessor Parcel Number: 13-00-13468-001
  • Tax Lot: 002
  • Tax Total Finished Sq Ft: 2524
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/14/2020

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 12, 2020
Sold by
Martins Properties Llc
Bought by
Hsu Yu Chih and Tsai Ping Chiao
Seller's Agent
Tina Guerrieri
RE/MAX Central - Blue Bell
Buyer's Agent
Lawrence Ott
BHHS Fox & Roach-Blue Bell
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$246,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,725
Avg. Annual Appreciation
8.87%
Original Mortgage
$149,925
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Federal National Mortgage Association
Bought by
Martins Properties Llc

Purchase Details

Closed on
Jul 29, 2010
Sold by
Gallagher William L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2003
Sold by
Gallagher William L and Gallagher Jennifer
Bought by
Gallagher William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.98%

Purchase Details

Closed on
May 14, 2003
Sold by
Follweiler Brent
Bought by
Genesis Housing Corp

Purchase Details

Closed on
Apr 29, 1999
Sold by
Petrillo Bruno
Bought by
Blumberg Frederick Scott

Purchase Details

Closed on
Mar 1, 1999
Sold by
Bono Michael S and Bono Charles A
Bought by
Petrillo Bruno
Source: Public Records

Range of Values:

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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
Hsu Yu Chih $199,900 None Available
Martins Properties Llc $35,000 None Available
Federal National Mortgage Association $1,531 None Available
Gallagher William L -- --
Genesis Housing Corp $42,000 --
Blumberg Frederick Scott $75,000 --
Petrillo Bruno $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Yu Chih $149,925
Previous Owner Gallagher William $155,000
Previous Owner Gallagher William L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $199,900 0.0% $79 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $199,900 -- $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
2024 $3,996 $65,100 -- --
2023 $3,960 $65,100 $0 $0
2022 $3,875 $65,100 $0 $0
2021 $3,856 $65,100 $0 $0
2020 $3,678 $65,100 $0 $0
2019 $3,611 $65,100 $0 $0
2018 $2,403 $65,100 $0 $0
2017 $3,316 $65,100 $0 $0
2016 $3,291 $65,100 $0 $0
2015 $3,212 $65,100 $0 $0
2014 $3,152 $65,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC665620

Bright MLS

APN: 13-00-13468-001