NOT LISTED FOR SALE

729 W Lafayette St Norristown, PA 19401

Estimated Value: $191,000 - $236,605

-- Bed
3 Baths
1,704 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $40,123 $24 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $1,465/month

67 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of February 2017

Large 2 unit with separate utilities including separate gas heaters and separate electric, the first floor unit has a large living room, bedroom, kitchen and full bath. The second and third floor unit include 3 bedrooms, a large bright living room, kitchen, bath and a second floor deck. The property needs some TLC but could be a great investment opportunity!

Last Listed By

Loren Keim

Century 21 Keim Realtors License #RB-045762-L Listed on: 11/07/2016

Century 21 Keim Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,200 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,704 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $3,301

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 13-00-19992-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Large 2 unit with separate utilities including separate gas heaters and separate electric, the first floor unit has a large living room, bedroom, kitchen and full bath. The second and third floor unit include 3 bedrooms, a large bright living room, kitchen, bath and a second floor deck. The property needs some TLC but could be a great investment opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1704
  • Living Area Sq Ft: 1704
  • Price Per Sq Ft: 26.41
  • Above Grade Finished Sq Ft: 1704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 729

Exterior Features

  • Other Structures: Above 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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 618002
  • Tax Annual Amount: 3301.00
  • Assessor Parcel Number: 13-00-19992-002
  • Tax Lot: 044
  • Tax Year: 2017
  • Close Date: 02/13/2017

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Feb 10, 2017
Sold by
Coba Inc
Bought by
Pietrzykowski Stephen R and Christensen Gary
Seller's Agent
Loren Keim
Century 21 Keim Realtors
Buyer's Agent
Susan Gizzi
Hampton Preferred Real Estate Inc
List Price
$89,900
Sold Price
$40,123
Premium/Discount to List
-$49,777
-55.37%
Total Days on Market
67
Current Estimated Value
$214,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,528
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Sheriff Of Montgomery County
Bought by
Coba Inc

Purchase Details

Closed on
Jan 23, 2004
Sold by
Atkins Craig
Bought by
Duren Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.8%

Purchase Details

Closed on
Jun 27, 2003
Sold by
United Sa Sec Housing & Urban Dev
Bought by
Atkins Craig

Purchase Details

Closed on
Aug 28, 2002
Sold by
Federal Home Loan Mortgage Corporation
Bought by
United Sa Sec Housing & Urban Dev

Purchase Details

Closed on
Aug 1, 2002
Sold by
Robertson Clinton P and Mortgage Electronic Registrati
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 2, 1997
Sold by
Lafayette 729 Properties Lp
Bought by
Robertson Clinton

Purchase Details

Closed on
Nov 21, 1996
Sold by
G E Capital Mtg Services Inc
Bought by
Lafayette 729 Properties Lp

Purchase Details

Closed on
Jun 26, 1996
Sold by
Lalley Frank P
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Mar 30, 1994
Sold by
Worrest Robert G and Worrest Margaret L
Bought by
Mash Ronald G

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
Pietrzykowski Stephen R $40,123 First Platinum Abstract
Coba Inc $1,558 None Available
Duren Andrew $130,000 --
Atkins Craig $53,000 --
United Sa Sec Housing & Urban Dev -- --
Federal Home Loan Mortgage Corporation $1,336 --
Robertson Clinton $43,000 --
Lafayette 729 Properties Lp $20,800 --
Ge Capital Mtg Services Inc $1,295 --
Mash Ronald G $63,517 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Gary $223,500
Previous Owner Duren Andrew $104,000
Closed Coba Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $40,123 -55.4% $24 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $89,900 -- $53 / 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 $3,167 $51,590 -- --
2023 $3,139 $51,590 $0 $0
2022 $3,070 $51,590 $0 $0
2021 $3,055 $51,590 $0 $0
2020 $3,690 $65,310 $17,490 $47,820
2019 $3,623 $65,310 $17,490 $47,820
2018 $2,411 $65,310 $17,490 $47,820
2017 $3,327 $65,310 $17,490 $47,820
2016 $3,301 $65,310 $17,490 $47,820
2015 $3,222 $65,310 $17,490 $47,820
2014 $3,162 $65,310 $17,490 $47,820
Source: Public Records

Agents Affiliated with this Home

  • Loren Keim

    Seller's Agent in 2017

    Loren Keim

    Century 21 Keim Realtors

    (610) 969-7200

    512 Total Sales

    Loren Keim
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Gizzi

    Hampton Preferred Real Estate Inc

    (215) 901-2805

    12 Total Sales

    Susan Gizzi
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003482411

Bright MLS

APN: 13-00-19992-002

Pennsylvania Montgomery County Norristown 19401

729 W Lafayette St, Norristown, PA

Homes for Sale in Norristown, PA

This home is located at 729 W Lafayette St, Norristown, PA 19401 since 07 November 2016 and is currently estimated at $214,651, approximately $125 per square foot. This property was built in 1900. 729 W Lafayette St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Davenport Elementary School, and East Norriton Middle School.

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