2 months on rocket

Backup Offers

1512 Arch St, Norristown, PA, 19401

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,849 SqFt
$243/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1512 Arch St, Norristown$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingGarage - Side Entry, Detached Garage, Driveway, Off Street, On Street, Parking Garage
Garage3 spaces
Year Built1925
HeatingBaseboard, Radiant
CoolingNone
MLS #PAMC2096210
Lot Size0.20 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1512 Arch St

Investor Alert! You don't want to miss this one of a kind quadplex in Norristown. Great rental history with...Apt A $750 since 2017, Apt B $750 since 2020, Apt C $800 since 2021 and Apt D $900 just moved in and is paid through June - additional months rent will be transferred at settlement. Heater and chimney liner replaced in 2/2024, Lead Based Paint testing done 12/22 - all units passed. Apts C & D have been recently updated. All appliances are the properties and go with the sale. Buyer is responsible for acquiring the Borough U&O. Take over the property and start collecting the rent checks!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1925
  • Living Area: 1,849 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Anthony J Keane

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage - Side Entry, Detached Garage, Driveway, Off Street, On Street, Parking Garage

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: .

Municipality:

  • Norristown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $243/SqFt

Tax Information:

  • Annual Amount: $5,910
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Norristown, PA.

Map thumbnail provided by MapBox

Norristown, PA

City

Med. Sold Price

$325K

Med. Price/SqFt

$201

Avg. Days On Market

25

# of Sold Homes

52

1512 Arch St vs Norristown

68 DAYS ON ROCKET

+43 Days

$450,000

+$125K More

$243/SqFt

+$41 More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price and $41/SqFt more than other homes in Norristown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAMC2096210

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Anthony J Keane

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2007Home Sold
$266,000
Jan 04, 2000Home Sold
$98,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,910$101,490
2020$5,734$101,490
2019$5,629$101,490
2018$5,524$101,490
2017$5,170$101,490

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4013933
5
/10

  • Hancock Elementary School

  • Arch And Summit Streets

  • 0.06 miles

  • Public District Grades KG-4

school-card-donut-4013934
6
/10

  • Eagleville Elementary School

  • 125 Summit Ave

  • 0.14 miles

  • Public District Grades KG-4

school-card-donut-4013935
5
/10

  • Gotwals Elementary School

  • 1 E Oak St

  • 0.67 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,457. Residents of Norristown, PA typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Montgomery County›Norristown›19401›1512 Arch St

This home is located at 1512 Arch St in Norristown, PA and zip code 19401. This 1,849 square foot home, which was built in 1925, sits on a 0.20 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $450,000.

In March 2024, from all listings sold in Norristown, PA there were more than 26 sold above asking price, over 18 sold below and more than 8 were sold right at the asked price. The number of listings in Norristown, PA increased by 2.4% between February 2024 and March 2024. While the average time on the market in March 2024 was 25 days, the median list price was $325,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources