NOT LISTED FOR SALE

818 Selma St Norristown, PA 19401

Estimated Value: $290,000 - $308,000

-- Bed
2 Baths
1,960 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $262,000 $134 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,083/month

About This Home

As of July 2022

AGENTS PLEASE READ SHOWING INSTRUCTIONS ETC BEFORE CALLING. ALL APPOINTMENT THROUGH JIM . WE DO NOT USE SHOWING TIME. 24 HOUR NOTICE REQUIRED (NO EXCEPTIONS),
Upper West End Duplex In a cul de sac. Two 2 bedroom apartments. Each unit has a living room, dining area, kitchen, two bedrooms and one bath. Basement storage. Separate utilities (gas and electric), Owner pays water. Combined rent is $1,800/month. Leases are month to month. Roof 2019. Property being sold as is. Seller will make no repairs. Buyer responsible for obtaining the Norristown use and occupancy and all repairs required for U&O.

Last Agent to Sell the Property

James Marchese

(610) 613-4246 marchesereins@aol.com Marchese Real Estate & Insurance License #RM044080A Listed on: 06/03/2022

Co-Listed By

Michael Marchese

(484) 213-1914 mpmarchese@aol.com Marchese Real Estate & Insurance License #AB029410A

Last Buyer's Agent

Melissa Flowers

(610) 755-5788 msomflowers@kw.com Keller Williams Main Line License #2549237

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1960

Lot Details

  • 6,984 Sq Ft Lot
  • Lot Dimensions are 65.00 x 0.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Built-Up Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,960 Sq Ft Home
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry

Schools

  • Norristown Area High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 109
  • Assessor Parcel Number 13-00-33456-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: AGENTS PLEASE READ SHOWING INSTRUCTIONS ETC BEFORE CALLING. ALL APPOINTMENT THROUGH JIM . WE DO NOT USE SHOWING TIME. 24 HOUR NOTICE REQUIRED (NO EXCEPTIONS), Upper West End Duplex In a cul de sac. Two 2 bedroom apartments. Each unit has a living room, dining area, kitchen, two bedrooms and one bath. Basement storage. Separate utilities (gas and electric), Owner pays water. Combined rent is $1,800/month. Leases are month to month. Roof 2019. Property being sold as is. Seller will make no repairs. Buyer responsible for obtaining the Norristown use and occupancy and all repairs required for U&O.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Side Entrance
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1960
  • Price Per Sq Ft: 132.60
  • Above Grade Finished Sq Ft: 1960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 818

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Built-Up
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: NORRISTOWN AREA
  • High School: NORRISTOWN AREA
  • High School Source: 3rd Party
  • School District Key: 300200397035
  • School District Source: 3rd Party
  • High School: NORRISTOWN AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.16
  • Lot Dimensions: 65.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6984.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R DUPLEX

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Water
  • Total Actual Rent: 21600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 621493
  • School Tax: 3776.00
  • Tax Annual Amount: 5676.00
  • Assessor Parcel Number: 13-00-33456-002
  • Tax Lot: 109
  • Tax Total Finished Sq Ft: 1960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/28/2022

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 18, 2022
Sold by
Ciociola Sr Charles A
Bought by
Somnet Investments Llc
Seller's Agent
James Marchese
Marchese Real Estate & Insurance
Buyer's Agent
Melissa Flowers
Keller Williams Main Line
List Price
$259,900
Sold Price
$262,000
Premium/Discount to List
$2,100
0.81%
Current Estimated Value
$300,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,854
Avg. Annual Appreciation
4.40%
Original Mortgage
$196,500
Outstanding Balance
$188,016
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$112,838

Purchase Details

Closed on
May 13, 2019
Sold by
Ciociola Charles J and Ciociola Charles A
Bought by
Ciociola Charles A and Price Maria C

Purchase Details

Closed on
Mar 2, 2004
Sold by
Ciociola Charles J
Bought by
Ciociola Charles J and Ciociola Charles A
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
Somnet Investments Llc $262,000 None Listed On Document
Ciociola Charles A -- None Available
Ciociola Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somnet Investments Llc $196,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $262,000 +0.8% $134 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $259,900 -- $133 / 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 $5,854 $95,370 -- --
2024 $5,854 $95,370 -- --
2023 $5,801 $95,370 $0 $0
2022 $5,676 $95,370 $0 $0
2021 $5,648 $95,370 $0 $0
2020 $5,389 $95,370 $0 $0
2019 $5,290 $95,370 $0 $0
2018 $3,521 $95,370 $0 $0
2017 $4,858 $95,370 $0 $0
2016 $4,821 $95,370 $0 $0
2015 $4,618 $95,370 $0 $0
2014 $4,618 $95,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2040860

Bright MLS

APN: 13-00-33456-002