NOT LISTED FOR SALE

929 W Main St Norristown, PA 19401

Estimated Value: $234,000 - $408,000

-- Bed
4 Baths
2,942 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $220,000 $75 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,450/month

Highlights

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

About This Home

As of August 2016

4 Unit in excellent condition. Units with updated rugs and paint. Immediate positive cash flow. 3k/month rental income. Turnkey for investors. Landlord pays for water, sewer, trash removal and common area electric. All other utilities paid for by tenant.

Last Agent to Sell the Property

Janice Livshits

(215) 275-7380 janiceliv@yahoo.com Long & Foster Real Estate, Inc. Listed on: 09/03/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Beth Miller

(484) 332-1626 bethmillerhomes@gmail.com RE/MAX 440 - Skippack License #1008520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,471

Year Built

  • Built in 1880

Lot Details

  • 4,900 Sq Ft Lot

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,942 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 13-00-23132-003

Community Details

Overview

  • No Home Owners Association
  • Norristown Subdivision

Building Details

  • Operating Expense $5,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,471

Year Built

Built in 1880

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: 1880
  • Remarks Public: 4 Unit in excellent condition. Units with updated rugs and paint. Immediate positive cash flow. 3k/month rental income. Turnkey for investors. Landlord pays for water, sewer, trash removal and common area electric. All other utilities paid for by tenant.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2942
  • Living Area Sq Ft: 2942
  • Price Per Sq Ft: 78.14
  • Above Grade Finished Sq Ft: 2942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 929

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • 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, Driveway

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: 1136
  • Lot Size Acres: 0.11
  • Lot Dimensions: 30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4900.00
  • Zoning: RO

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 618787
  • Tax Annual Amount: 5471.00
  • Assessor Parcel Number: 13-00-23132-003
  • Tax Lot: 013
  • Tax Year: 2016
  • Close Date: 08/05/2016

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Jul 21, 2016
Sold by
Mitro David G
Bought by
Williams Birgit
Seller's Agent
Janice Livshits
Long & Foster Real Estate, Inc.
Buyer's Agent
Beth Miller
RE/MAX 440 - Skippack
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$357,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,580
Avg. Annual Appreciation
5.42%
Original Mortgage
$224,730
Outstanding Balance
$178,413
Interest Rate
3.41%
Mortgage Type
VA
Estimated Equity
$179,167

Purchase Details

Closed on
May 15, 2013
Sold by
Som Long and Kim Sok
Bought by
Mitro David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2004
Sold by
Madison Bank and Radliff Meredith H
Bought by
Madison Bank and Radliff Meredith H

Purchase Details

Closed on
Oct 16, 2003
Sold by
Radliff Meredith H
Bought by
Lim Sok and Som Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.05%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Radliff Meredith H and Radliff Maria
Bought by
Radliff Meredith H
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
Williams Birgit $229,900 None Available
Mitro David G $195,000 None Available
Madison Bank -- --
Lim Sok $145,000 --
Radliff Meredith H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Birgit $224,730
Previous Owner Mitro David G $191,468
Previous Owner Lim Sok $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2016 08/05/16 Sold $220,000 -12.0% $75 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $249,900 0.0% $85 / Sq Ft
01/15/2014 01/15/14 Rented $800 0.0% --
12/27/2013 12/27/13 Under Contract -- -- --
11/25/2013 11/25/13 For Rent $800 +18.5% --
11/01/2013 11/01/13 Rented $675 0.0% --
11/01/2013 11/01/13 Under Contract -- -- --
10/18/2013 10/18/13 For Rent $675 0.0% --
08/15/2013 08/15/13 Sold $195,000 -11.3% $66 / Sq Ft View Prior Sale
04/27/2013 04/27/13 Pending -- -- --
11/30/2011 11/30/11 For Sale $219,900 -- $75 / 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 $6,643 $108,230 $17,790 $90,440
2024 $6,643 $108,230 $17,790 $90,440
2023 $6,584 $108,230 $17,790 $90,440
2022 $6,442 $108,230 $17,790 $90,440
2021 $6,410 $108,230 $17,790 $90,440
2020 $6,115 $108,230 $17,790 $90,440
2019 $6,003 $108,230 $17,790 $90,440
2018 $3,996 $108,230 $17,790 $90,440
2017 $5,513 $108,230 $17,790 $90,440
2016 $5,471 $108,230 $17,790 $90,440
2015 $5,340 $108,230 $17,790 $90,440
2014 $5,241 $108,230 $17,790 $90,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002689590

Bright MLS

APN: 13-00-23132-003