NOT LISTED FOR SALE

905 W Marshall St Norristown, PA 19401

Estimated Value: $208,954 - $332,000

-- Bed
2 Baths
2,176 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $208,000 $96 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,966/month

18 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • Wood Flooring

About This Home

As of June 2020

Excellent Investment opportunity in Norristown Borough. This property is in EXCELLENT CONDITION and is in need of no repairs. Incredible location for tenant acquisition! Home is walking distance to shops, restaurants, schools, churches and all public transportation. Great opportunity for a first time home buyer who is financially savvy ... this home lends itself to living in one unit and renting the other having all the mortgage cost covered by the rental income! Contains a Two Bedroom/One Bath Unit (second bedroom could make a great in home office area), and a Three Bedroom/ One Bath Unit. Currently the first floor Two Bedroom Unit is rented on a one year lease, The Three Bedroom on levels 2 & 3 is currently vacant. Both Units have just been renovated and are ready to go. Utilities are separated (Both Electric and Gas). Landlord pays Water/Sewer and Trash for the building. One Car garage is a third rental opportunity. Garage is currently vacant but rents for between $150-$200 per month. No Thursday or Sunday showings

Last Agent to Sell the Property

Scott W Kelley

American Foursquare Realty LLC Listed on: 02/25/2020

Co-Listed By

SUSAN WELSH

American Foursquare Realty LLC License #RS295654

Last Buyer's Agent

JERRELL M. THOMPSON, CPA, EA

Realty Mark Associates

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1890

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,176 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 1 Open Parking Space
  • Off-Street Parking

Schools

  • Norristown Area High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 13-00-25680-002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,353

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator in each unit
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: Excellent Investment opportunity in Norristown Borough. This property is in EXCELLENT CONDITION and is in need of no repairs. Incredible location for tenant acquisition! Home is walking distance to shops, restaurants, schools, churches and all public transportation. Great opportunity for a first time home buyer who is financially savvy ... this home lends itself to living in one unit and renting the other having all the mortgage cost covered by the rental income! Contains a Two Bedroom/One Bath Unit (second bedroom could make a great in home office area), and a Three Bedroom/ One Bath Unit. Currently the first floor Two Bedroom Unit is rented on a one year lease, The Three Bedroom on levels 2 & 3 is currently vacant. Both Units have just been renovated and are ready to go. Utilities are separated (Both Electric and Gas). Landlord pays Water/Sewer and Trash for the building. One Car garage is a third rental opportunity. Garage is currently vacant but rents for between $150-$200 per month. No Thursday or Sunday showings
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2176
  • Living Area Sq Ft: 2176
  • Price Per Sq Ft: 96.00
  • Above Grade Finished Sq Ft: 2176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 905

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 619439
  • School Tax: 2938.00
  • Tax Annual Amount: 4353.00
  • Assessor Parcel Number: 13-00-25680-002
  • Tax Lot: 037
  • Tax Total Finished Sq Ft: 2176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/11/2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jun 10, 2020
Sold by
Eppolito Christina
Bought by
Thompson Jerrell
Seller's Agent
Scott W Kelley
American Foursquare Realty LLC
Buyer's Agent
JERRELL M. THOMPSON, CPA, EA
Realty Mark Associates
List Price
$208,900
Sold Price
$208,000
Premium/Discount to List
-$900
-0.43%
Total Days on Market
18
Current Estimated Value
$280,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,489
Avg. Annual Appreciation
4.71%
Original Mortgage
$197,600
Outstanding Balance
$177,461
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$84,190

Purchase Details

Closed on
Oct 24, 2012
Sold by
Eppolito Christina and Eppolito Michael
Bought by
Eppolito Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
J W Norristown Llc and Schmitt Joel W
Bought by
Chang Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,840
Interest Rate
6.58%

Purchase Details

Closed on
Jul 13, 2007
Sold by
Amudipe Ellen L and Amudipe Oluwole A
Bought by
Jw Norristown Llc

Purchase Details

Closed on
Mar 29, 2002
Sold by
Peca Robert D
Bought by
Amudipe Olowole A and Amudipe Ellen L
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
Thompson Jerrell $208,000 None Available
Eppolito Christina -- None Available
Chang Christina $162,300 None Available
Jw Norristown Llc $1,000,000 None Available
Amudipe Olowole A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jerrell $197,600
Previous Owner Eppolito Christina $126,500
Previous Owner Chang Christina $129,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $208,000 -0.4% $96 / Sq Ft
02/25/2020 02/25/20 For Sale $208,900 -- $96 / 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 $4,704 $76,630 $22,150 $54,480
2023 $4,662 $76,630 $22,150 $54,480
2022 $4,561 $76,630 $22,150 $54,480
2021 $4,538 $76,630 $22,150 $54,480
2020 $4,330 $76,630 $22,150 $54,480
2019 $4,251 $76,630 $22,150 $54,480
2018 $2,829 $76,630 $22,150 $54,480
2017 $3,903 $76,630 $22,150 $54,480
2016 $3,873 $76,630 $22,150 $54,480
2015 $3,711 $76,630 $22,150 $54,480
2014 $3,711 $76,630 $22,150 $54,480
Source: Public Records

Agents Affiliated with this Home

  • Scott W Kelley

    Seller's Agent in 2020

    Scott W Kelley

    American Foursquare Realty LLC

    (215) 740-2495

    9 in this area

    104 Total Sales

    Scott W Kelley
    Section Image
  • SUSAN WELSH

    Seller Co-Listing Agent in 2020

    SUSAN WELSH

    American Foursquare Realty LLC

    (215) 872-2332

    1 in this area

    9 Total Sales

    SUSAN WELSH
    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC640294

Bright MLS

APN: 13-00-25680-002

Pennsylvania Montgomery County Norristown 19401

905 W Marshall St, Norristown, PA

This home is located at 905 W Marshall St, Norristown, PA 19401 since 25 February 2020 and is currently estimated at $280,489, approximately $128 per square foot. This property was built in 1890. 905 W Marshall St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Marshall Street Elementary School, and East Norriton Middle School.

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