NOT LISTED FOR SALE

803 Swede St Norristown, PA 19401

Estimated Value: $375,000 - $416,000

-- Bed
4 Baths
3,416 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $320,000 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,479/month

Highlights

  • No HOA
  • Hot Water Baseboard Heater
  • 1-minute walk to Cherry Street Park

About This Home

As of October 2022

Great investment in Norristown. Quadplex in very good condition. Close to courthouse, schools and transportation center. There are two 2-bed apts, one studio unit, one 1-bed apt. Fully occupited. Gross monthly rental income is $3550. Buyer is responsible for use and occupancy cert.

Last Agent to Sell the Property

John Gambino

RE/MAX Services Listed on: 08/21/2022

RE/MAX Services

Last Buyer's Agent

Lorry Hunt

Keller Williams Main Line License #RS323209

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1900

Lot Details

  • 5,875 Sq Ft Lot
  • Lot Dimensions are 39.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 3,416 Sq Ft Home
  • Basement Fills Entire Space Under The House

Location

  • Urban Location

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 13-00-36412-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,285

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment in Norristown. Quadplex in very good condition. Close to courthouse, schools and transportation center. There are two 2-bed apts, one studio unit, one 1-bed apt. Fully occupited. Gross monthly rental income is $3550. Buyer is responsible for use and occupancy cert.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3416
  • Living Area Sq Ft: 3416
  • Price Per Sq Ft: 87.82
  • Above Grade Finished Sq Ft: 3416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 803

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
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Land Use Code: 1136 Res: Quadraplex
  • Lot Size Acres: 0.13
  • Lot Dimensions: 39.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5875.00
  • Zoning: RESIDENTIAL

Rental Info

  • Total Actual Rent: 42600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 622240
  • Tax Annual Amount: 4285.00
  • Assessor Parcel Number: 13-00-36412-007
  • Tax Year: 2022
  • Close Date: 10/21/2022

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Oct 21, 2022
Sold by
Z & Q Llc
Bought by
Cortero Properties Llc
Seller's Agent
John Gambino
RE/MAX Services
Buyer's Agent
Lorry Hunt
Keller Williams Main Line
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Views
21
Current Estimated Value
$390,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,397
Avg. Annual Appreciation
6.65%
Original Mortgage
$240,000
Outstanding Balance
$232,211
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$153,236

Purchase Details

Closed on
Nov 5, 2019
Sold by
Zhou Li Li and Qi Chunhua
Bought by
Z & Q Llc
Source: Public Records

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
Cortero Properties Llc $320,000 --
Z & Q Llc $146,160 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortero Properties Llc $240,000
Previous Owner Zhou Li Li $108,750
Previous Owner Kelley Bruce A $49,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $320,000 +6.7% $94 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $300,000 +106.9% $88 / Sq Ft
01/23/2015 01/23/15 Sold $145,000 -9.3% $42 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $159,900 -- $47 / 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 $4,420 $72,000 -- --
2024 $4,420 $72,000 -- --
2023 $4,380 $72,000 $0 $0
2022 $4,285 $72,000 $0 $0
2021 $4,264 $72,000 $0 $0
2020 $4,068 $72,000 $0 $0
2019 $3,994 $72,000 $0 $0
2018 $2,658 $72,000 $0 $0
2017 $3,668 $72,000 $0 $0
2016 $3,639 $72,000 $0 $0
2015 $2,324 $48,000 $22,000 $26,000
2014 $2,324 $48,000 $22,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • John Gambino

    Seller's Agent in 2022

    John Gambino

    RE/MAX

    (484) 994-1030

    16 in this area

    32 Total Sales

    John Gambino
    Section Image
  • Lorry Hunt

    Buyer's Agent in 2022

    Lorry Hunt

    Keller Williams Main Line

    (215) 668-8908

    27 in this area

    41 Total Sales

    Lorry Hunt
    Section Image

  • A

    Seller's Agent in 2015

    ANTHONY MOLES

    Charles L. Moles Real Estate, LLC

See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2049520

Bright MLS

APN: 13-00-36412-007

Pennsylvania Montgomery County Norristown 19401

803 Swede St, Norristown, PA

This home is located at 803 Swede St, Norristown, PA 19401 since 21 August 2022 and is currently estimated at $390,397, approximately $114 per square foot. This property was built in 1900. 803 Swede St is a home located in Montgomery County with nearby schools including Davenport Elementary School, Charles Blockson Middle School, and East Norriton Middle School.

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