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1124 Markley Street

1124 Markley Street, Norristown, PA 19401
Property in Norristown
Sold May 01, 2018
$126,000
$123,717 by American Financial Network Inc
Mortgage Due May 01, 2048
Sold Jun 07, 2012
$45,000
1124 Markley Street in Norristown, PA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a row home style. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1124 Markley Street has 1,969 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 370 sqft and has been categorized as a full basement. In total, the area measurement of the land is 2,512 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1124 Markley Street was last sold in Apr 18, 2018 for $126,000. According to our calculations, that's $63.99 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Jun 6, 2012. Current property owners are expected to pay $4,131 in taxes per year. The property on 1124 Markley Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $67,320. To break that down further, the land itself was valued at $21,560. While improvements to the property were assessed at a total of $45,760. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 370
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,512
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,969
  • Gross Building Area: 1,969
  • Building Area: 1,969
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,969
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.058
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 63-10

Ownership

  • Current Owner : WELLS ROBERT C
  • Current Owner 2: WELLS WANNETTA
  • Previous Owner : LAUFER ROBERT
  • Previous Owner 2: LAUFER ROBIN
  • Owner Before Previous Owner: MEYERS CATRESA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Norristown Area School District
  • School Tax School District: NORRISTOWN AREA
  • Census Tract: 203601

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 13-063
  • District: 13
  • Parcel: 13-00-23348-00-3
  • Block: 63
  • Lot: 10
  • Municipality: NORRISTOWN BOROUGH
  • Latitude: 40.1233
  • Longitude: -75.3418

    Address

  • Full Address: 1124 Markley St
  • Address - House Number: 1124
  • Address - Street Name: Markley
  • Address - Suffix Type: St
  • State: PA
  • City Name: Norristown
  • Carrier Code: C034
  • 4-Digit Zip Code: 3231
  • Zip Code: 19401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,131
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 219,918
  • High Value: 262,329
  • Low Value: 177,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,717
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: May 01, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $123,717
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $67,320
  • Market Land Value: $21,560
  • Market Improvement Value: $45,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $67,320
  • Assessed Land Value: $21,560
  • Assessed Improvements Value: $45,760

    Sales

  • Current Sale Contract Date: Apr 18, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11462977655
  • Current Sale Price: $126,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018027583
  • Previous Sale Recording Date: Jun 07, 2012
  • Previous Sale Contract Date: Jun 06, 2012
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $123,717
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Norristown



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Frequently Asked Questions

What neighborhood is 1124 Markley Street located in?
The 1124 Markley Street is a located in the neighborhood of Norristown in Norristown, Norristown.
What is the average sales price for listings in 1124 Markley Street?
The average sales price for units in 1124 Markley Street is $0 currently.

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