NOT LISTED FOR SALE

71 Colonial Ave Norristown, PA 19403

Estimated Value: $405,000 - $489,317

3 Beds
1.5 Baths
2,121 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $312,500 $147 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,058/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Living Room
  • 2 Fireplaces
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of July 2021

Welcome to 71 Colonial Ave. This charming 3 bed 1.5 bath expanded cape with is waiting for your creative touches. Just show up with your imagination and let this well maintained home lead the way. The brick exterior and elegant garden beds scream curb appeal. Find the living room to the left and notice the large size and the lovely wood burning fireplace with mantle that's waiting to be decorated. The formal dining room could be used as such or perhaps an office if that suites your needs better. The monster eat-in kitchen is flush with storage space including the walk in pantry and plentiful counter/work space. The eat-in area offers space for an extra large table should you need it and skylights to bring in the sun. The sunken family features a vaulted ceiling and a floor to ceiling brick fireplace with wood burning insert. The over-sized laundry/mud room is waiting to be something exciting. Basement access and half bath complete this level. The 2nd floor features three large bedrooms all with the closet space you need and the full bath. The backyard has a shed, patio, flat yard for pets or play and a lush green living shrub privacy fence. The driveway offers parking for at least 4 cars plus the 1 car attached garage.

Last Agent to Sell the Property

Michael Godley

RE/MAX Ready License #RS313703 Listed on: 05/25/2021

RE/MAX Ready

Last Buyer's Agent

Mike Dixon

Coldwell Banker Realty License #RS342547

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,689

Year Built

  • Built in 1954

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75.00 x 0.00
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,121 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 63-00-01588-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,689

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, washer, dryer and shed in as in condition at settlement with no real estate value.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-27
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 71 Colonial Ave. This charming 3 bed 1.5 bath expanded cape with is waiting for your creative touches. Just show up with your imagination and let this well maintained home lead the way. The brick exterior and elegant garden beds scream curb appeal. Find the living room to the left and notice the large size and the lovely wood burning fireplace with mantle that's waiting to be decorated. The formal dining room could be used as such or perhaps an office if that suites your needs better. The monster eat-in kitchen is flush with storage space including the walk in pantry and plentiful counter/work space. The eat-in area offers space for an extra large table should you need it and skylights to bring in the sun. The sunken family features a vaulted ceiling and a floor to ceiling brick fireplace with wood burning insert. The over-sized laundry/mud room is waiting to be something exciting. Basement access and half bath complete this level. The 2nd floor features three large bedrooms all with the closet space you need and the full bath. The backyard has a shed, patio, flat yard for pets or play and a lush green living shrub privacy fence. The driveway offers parking for at least 4 cars plus the 1 car attached garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2121
  • Living Area Sq Ft: 2121
  • Price Per Sq Ft: 150.83
  • Above Grade Finished Sq Ft: 2121
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 71

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 1101
  • Lot Size Acres: 0.29
  • Lot Dimensions: 75.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12600.00
  • Year Assessed: 2021
  • Zoning: R1
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 850802
  • School Tax: 6383.00
  • Tax Annual Amount: 7689.00
  • Assessor Parcel Number: 63-00-01588-005
  • Tax Lot: 025
  • Tax Total Finished Sq Ft: 2121
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/22/2021

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 15, 2021
Sold by
Lombardo Linda
Bought by
Rieben Brian M and Rieben Kristen A
Seller's Agent
Michael Godley
RE/MAX Ready
Buyer's Agent
Mike Dixon
Coldwell Banker Realty
List Price
$339,900
Sold Price
$312,500
Premium/Discount to List
-$27,400
-8.06%
Current Estimated Value
$441,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,079
Avg. Annual Appreciation
8.75%
Original Mortgage
$281,250
Outstanding Balance
$255,743
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$185,836

Purchase Details

Closed on
Feb 15, 2015
Sold by
Bontempo Linda and Bontempo Daniel
Bought by
Bontempo Linda and Lombardo Linda Lombardo

Purchase Details

Closed on
Mar 1, 1983
Bought by
Bontempo Daniel and Bontempo Linda
Source: Public Records

Range of Values:

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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
Rieben Brian M $312,500 None Available
Bontempo Linda -- None Available
Bontempo Daniel $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rieben Brian M $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $312,500 -2.3% $147 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 Price Changed $319,900 -5.9% $151 / Sq Ft
05/25/2021 05/25/21 For Sale $339,900 -- $160 / 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 $7,876 $161,200 -- --
2024 $7,876 $161,200 -- --
2023 $7,787 $161,200 $0 $0
2022 $7,736 $161,200 $0 $0
2021 $7,689 $161,200 $0 $0
2020 $7,460 $161,200 $0 $0
2019 $7,293 $161,200 $0 $0
2018 $5,951 $161,200 $0 $0
2017 $6,885 $161,200 $0 $0
2016 $6,823 $161,200 $0 $0
2015 $6,475 $161,200 $0 $0
2014 $6,321 $161,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC694580

Bright MLS

APN: 63-00-01588-005