7 months on rocket

727 Cherry St, Norristown, PA, 19401

$345,000

Home List Price

$4,097*

Closing Credit

8 Bedrooms
3 Full Baths
1,580 SqFt
$218/SqFt
Townhouse
Schools Nearby

Location

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727 Cherry St, Norristown$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingRadiant, Other
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
ViewGarden, Park
MLS #PAMC2082334
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 727 Cherry St

Investor opportunity for this 8 unit property. 8 bedrooms, 3 bathrooms and 2 kitchens. Rear fenced in yard gives some outdoor space. End of row home next to the wonderful Cherry Street Park. All units occupied. $3,200 a month income. Lease is renewed for 2 years at a time. 30 days notice to evict. Rooms are all bedrooms with the exception of the primary bedroom, which has a private primary bathroom. Tenants pay water and electric and gas. Buyer can use any rooms as they please by converting rooms to living room, mud room or any room desired. Seller is willing to do minor works before closing but buyer is responsible for all U and O and all associated permits from borough.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: Springer Realty Group
  • Office Phone: (484) 498-4000
  • Listing Agent: Gregory Martire

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 2nd Kitchen, Built-Ins, Carpet, Entry Level Bedroom, Kitchen - Efficiency, Primary Bath(s), Stall Shower, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: Garden, Park
  • Exterior: Sidewalks, Street Lights, Exterior Lighting

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level, Near Park, Back Yard, Side Yard(s)
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Other
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: North on Cherry Street. End unit before park

Municipality:

  • Norristown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $1,956
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$325K

Med. Price/SqFt

$201

Avg. Days On Market

25

# of Sold Homes

52

727 Cherry St vs Norristown

236 DAYS ON ROCKET

+211 Days

$345,000

+$20K More

$218/SqFt

+$16 More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $16/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: #PAMC2082334

Listing Office:

  • Office Name: Springer Realty Group
  • Office Phone: (484) 498-4000
  • Listing Agent: Gregory Martire

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: 4/29/2024, 8:15:19 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

Jun 22, 2021Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,956$33,600
2020$1,898$33,600
2019$1,863$33,600
2018$1,829$33,600
2017$1,712$33,600

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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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-2970329
5
/10
  • Gotwals Elementary School

  • 1 E Oak St

  • 0.11 miles

  • Public District Grades KG-4

school-card-donut-2970330
6
/10
  • Eagleville Elementary School

  • 125 Summit Ave

  • 0.75 miles

  • Public District Grades KG-4

school-card-donut-2970331
5
/10
  • Hancock Elementary School

  • Arch And Summit Streets

  • 0.80 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,625. Most Norristown, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 727 Cherry St

What is the listing price of this property?

The listing price of 727 Cherry St property is $345,000.

What type of property is this?

The property 727 Cherry St is a townhouse located in Norristown, Pennsylvania, 19401.

Is this property for sale now?

Active Listing: 727 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,956 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 22, 2021 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 727 Cherry St has 8 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 727 Cherry St is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 727 Cherry St is 1900.

Rocket HomesPennsylvaniaMontgomery CountyNorristown19401727 Cherry St

This home is located at 727 Cherry St in Norristown, PA and zip code 19401. This 1,580 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $345,000.

Over 26 listings were sold over their listed price in March 2024 in Norristown, PA. In the same period over 18 listings were sold below the listed price and 8 listings were sold for the listed price. The number of listings in Norristown, PA increased by 2.4% between February 2024 and March 2024. In March 2024 median list price was $325,000 and the average listing age was 25 days.

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

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