NOT LISTED FOR SALE

742 Chain St Norristown, PA 19401

Estimated Value: $180,000 - $228,000

4 Beds
2 Baths
1,920 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $185,000 $96 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,388/month

27 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Central Heating

About This Home

As of June 2023

10% cap rate at $1650 a month rent. Tenant has been there for three years and would love to stay if possible, however, the seller did not renew the lease so it’s month and month

Last Agent to Sell the Property

Auria Roman

(610) 638-7222 auriaroman@kw.com Keller Williams Realty Group License #RS347671 Listed on: 05/11/2023

Keller Williams Realty Group

Last Buyer's Agent

Gurpreet Oberoi - Realtor

(917) 327-4944 gurpreet.oberoi@foxroach.com BHHS Fox & Roach-Haverford License #2441429

BHHS Fox & Roach-Haverford

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 1870 | Remodeled in 1999

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00

Home Design

  • Semi-Detached or Twin Home
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 13-00-07100-006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,546

Year Built

Built in 1870 | Remodeled in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-05-11
  • Federal Flood Zone: No
  • Year Built: 1870
  • Year Renovated: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: 10% cap rate at $1650 a month rent. Tenant has been there for three years and would love to stay if possible, however, the seller did not renew the lease so it’s month and month
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2420
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 98.93
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 742

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full 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: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Central
  • 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
  • Senior Community: No
  • Association Recreation Fee: 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: 0.05
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 614746
  • School Tax: 2308.00
  • Tax Annual Amount: 3546.00
  • Assessor Parcel Number: 13-00-07100-006
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/28/2023

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 22, 2023
Sold by
Jd Affordable Realty Llc
Bought by
Hussain Arshad and Khan Erum
Seller's Agent
Auria Roman
Keller Williams Realty Group
Buyer's Agent
Gurpreet Oberoi - Realtor
BHHS Fox & Roach-Haverford
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
166
Current Estimated Value
$207,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,728
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jan 5, 2022
Sold by
Chain Street Properties Llc
Bought by
Jd Affordable Realty Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Household Fin Cdc
Bought by
Chain Street Prop Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Myers Charles L
Bought by
Household Finance Consumer Discount Co
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
Hussain Arshad $185,000 Trident Land Transfer
Jd Affordable Realty Llc $100,000 None Listed On Document
Chain Street Prop Llc $53,000 None Available
Household Finance Consumer Discount Co $1,489 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $185,000 -2.6% $96 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/21/2023 05/21/23 Price Changed $189,950 -2.6% $99 / Sq Ft
05/11/2023 05/11/23 For Sale $195,000 -- $102 / 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 $3,579 $58,300 -- --
2024 $3,579 $58,300 -- --
2023 $3,547 $58,300 $0 $0
2022 $3,470 $58,300 $0 $0
2021 $3,453 $58,300 $0 $0
2020 $3,294 $58,300 $0 $0
2019 $3,234 $58,300 $0 $0
2018 $2,152 $58,300 $0 $0
2017 $2,970 $58,300 $0 $0
2016 $2,947 $58,300 $0 $0
2015 $2,823 $58,300 $0 $0
2014 $2,823 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2069370

Bright MLS

APN: 13-00-07100-006