A
Seller's Agent in 2023
Angela Fusselman
Fautore Realty & Property Management
(484) 238-7042
1 in this area
83 Total Sales
671 George St Norristown, PA 19401
Estimated Value: $213,000 - $293,000
--
Bed
4
Baths
1,548
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of November 2023Don't miss out on this investment opportunity in the heart of Norristown! A four unit brick twin to add to your portfolio. All units are currently occupied presenting instant revenue. You enter the building through a common foyer.
Unit 1 is a large first floor efficiency with one bath ,closet space and kitchen with appliances. .Unit 2 is in the back of building. Large efficiency with a private entrance, full bathroom ,kitchen with appliances and access to the basement. Unit 3 is a two bedroom with a living room, eat in kitchen and full bath on the second floor. Unit 4 is a small studio on the third floor.
5 Parking spaces available behind the building. The owner pays all utilities at the present time includes gas heat ,water ,sewer and trash. Low Taxes ! In close proximity to transportation, restaurants and shopping. The buyer is responsible for the U&O Inspection and any repairs required by Norristown Borough
Last Agent to Sell the Property
Fautore Realty & Property Management License #RS207030L Listed on: 09/08/2023
Last Buyer's Agent
Fautore Realty & Property Management License #RS207030L Listed on: 09/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,129
Year Built
- Built in 1924
Lot Details
- 4,400 Sq Ft Lot
- Lot Dimensions are 40.00 x 0.00
- Property is in good condition
Home Design
- 1,548 Sq Ft Home
- Quadruplex
- Converted Dwelling
- Brick Exterior Construction
- Permanent Foundation
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Lot
- Off-Street Parking
Utilities
- Radiator
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 4 Units
- Net Operating Income $31,035
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 1
- Assessor Parcel Number 13-00-13472-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Nov 29, 2023
Sold by
Providence Capital Group Llc
Bought by
Smitties Properties Ii Llc
Seller's Agent
Angela Fusselman
Fautore Realty & Property Management
Buyer's Agent
Angela Fusselman
Fautore Realty & Property Management
List Price
$320,500
Sold Price
$260,000
Premium/Discount to List
-$60,500
-18.88%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,988
Avg. Annual Appreciation
1.43%
Original Mortgage
$208,000
Outstanding Balance
$205,553
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$60,813
Purchase Details
Listed on
Aug 27, 2015
Closed on
Apr 29, 2016
Sold by
Jbc Real Estate Llc
Bought by
Providence Capital Group Llc
Seller's Agent
Helen Sage
Springer Realty Group
Buyer's Agent
Doug Campbell
Springer Realty Group
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Purchase Details
Closed on
Nov 9, 2010
Sold by
Malvern Federal Savings Bank
Bought by
Jbc Real Estate Llc
Purchase Details
Closed on
Jul 29, 2010
Sold by
Sos Rentals Llc
Bought by
Malvern Federal Savings Bank
Purchase Details
Closed on
Apr 30, 2007
Sold by
Bono Paul J
Bought by
Sos Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,920
Interest Rate
6.21%
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 |
|---|---|---|---|
| Smitties Properties Ii Llc | $260,000 | None Listed On Document | |
| Providence Capital Group Llc | $108,000 | Guardian Land Transfer | |
| Jbc Real Estate Llc | $180,000 | None Available | |
| Malvern Federal Savings Bank | $1,444 | None Available | |
| Sos Rentals Llc | $169,600 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smitties Properties Ii Llc | $208,000 | |
| Previous Owner | Providence Capital Group Llc | $161,250 | |
| Previous Owner | Sos Rentals Llc | $33,920 | |
| Previous Owner | Sos Rentals Llc | $136,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $260,000 | -18.9% | $168 / Sq Ft |
| 09/08/2023 09/08/23 | For Sale | $320,500 | 0.0% | $207 / Sq Ft |
| 07/20/2019 07/20/19 | Rented | $450 | -18.2% | -- |
| 07/02/2019 07/02/19 | For Rent | $550 | 0.0% | -- |
| 04/29/2016 04/29/16 | Sold | $108,000 | -9.9% | $70 / Sq Ft |
| 02/12/2016 02/12/16 | Pending | -- | -- | -- |
| 08/27/2015 08/27/15 | For Sale | $119,900 | -- | $77 / 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 |
|---|---|---|---|---|
| 2024 | $2,149 | $35,000 | $17,640 | $17,360 |
| 2023 | $2,129 | $35,000 | $17,640 | $17,360 |
| 2022 | $2,083 | $35,000 | $17,640 | $17,360 |
| 2021 | $2,073 | $35,000 | $17,640 | $17,360 |
| 2020 | $1,978 | $35,000 | $17,640 | $17,360 |
| 2019 | $1,941 | $35,000 | $17,640 | $17,360 |
| 2018 | $1,292 | $35,000 | $17,640 | $17,360 |
| 2017 | $1,783 | $35,000 | $17,640 | $17,360 |
| 2016 | $1,770 | $35,000 | $17,640 | $17,360 |
| 2015 | $1,727 | $35,000 | $17,640 | $17,360 |
| 2014 | $1,695 | $35,000 | $17,640 | $17,360 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2016
Helen Sage
Springer Realty Group
(484) 340-7180
51 Total Sales
-
D
Seller Co-Listing Agent in 2016
Doug Campbell
Springer Realty Group
Map
Source: Bright MLS
MLS Number: PAMC2083258
APN: 13-00-13472-006
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