See Home Value
Norristown 19401
418 W FORNANCE ST
$180,000
House - Off Market

418 W FORNANCE ST

NORRISTOWN, PA 19401
bedrooms
3 Beds
bathrooms
1 Bath
square feet
962 Sqft
$190,218
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Here is your chance to get in the red hot Norristown real estate market and continued development!!!!  This single detached home is ripe for your personal touch and sweat equity!!  Located on a well cared for street, just steps from the Elmwood Zoo, this 3 bedroom, 1 bath Single Detached home is the perfect starter home, downsizing home, or addition to an investment portfolio.  At this listing price, first time buyers with a 203K loan or flippers could easily find real value and ROI.  Don't let the listed square footage fool you, there is a generous living room, 3 well sized bedrooms, large bathroom, full kitchen and even dining space!  The basement is the entire foot print of the home, allowing a buyer to virtually double the living square footage.  Outback is a beautiful level lot and covered rear porch with tremendous potential for those spring and fall nights.  There is off street parking and a built in garage.  Oodles of opportunity make this home a slam dunk!
Unit Size
962Ft²
Days on Market
120 days
Land Size
0.12 acres
Price per sqft
$197
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1952
Last updated: 12 months ago (Bright MLS #PAMC2063380)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold to Patrick Vilela Alves $180,000
Sold to Patrick Vilela Alves
Jun 14, 2023 In contract -
In contract
Jun 1, 2023 In contract -
In contract
Apr 16, 2023 In contract -
In contract
Feb 28, 2023 Relisted $189,900
Relisted
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,153
  • Lot Size Depth Feet: 1,288
  • Lot Size Frontage Feet: 400
  • Total Building Area: 962
  • Gross Building Area: 962
  • Building Area: 962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 962
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 91-12

Ownership

  • Current Owner : ALVES PATRICK VILELA
  • Previous Owner : MORLEY-ARTIS DEEDRA
  • Owner Before Previous Owner: NOT PROVIDED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norristown Area School District
  • School Tax School District: NORRISTOWN AREA
  • Census Tract: 203602

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 13-091
  • District: 13
  • Parcel: 13-00-12148-00-7
  • Block: 91
  • Lot: 12
  • Municipality: NORRISTOWN BOROUGH
  • Latitude: 40.1282
  • Longitude: -75.3408

    Address

  • Full Address: 418 W Fornance St
  • Address - House Number: 418
  • Street Direction: W
  • Address - Street Name: Fornance
  • Address - Suffix Type: St
  • State: PA
  • City Name: Norristown
  • Carrier Code: C011
  • 4-Digit Zip Code: 2908
  • Zip Code: 19401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,683
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 217,937
  • High Value: 260,251
  • Low Value: 175,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,004
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP L.L.C.
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $215,004
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $76,300
  • Market Land Value: $23,090
  • Market Improvement Value: $53,210

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $76,300
  • Assessed Land Value: $23,090
  • Assessed Improvements Value: $53,210

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11909543701
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 30890
  • Previous Sale Recording Date: Feb 03, 2005
  • Previous Sale Contract Date: Jan 21, 2005
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP L.L.C.
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $215,004
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 03, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $31,400
  • Previous Mortgage Term: 478
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jan 21, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,649 ft²
$146/ft²
$240,000 Jan 26, 2023
$240,000 Apr 14, 2023
-
House
3 Beds
3 Baths
1,850 ft²
$108/ft²
$199,900 Jan 18, 2023
$199,900 Mar 15, 2023
-
House
3 Beds
2 Baths
1,900 ft²
$105/ft²
$199,900 Mar 23, 2023
$199,900 Jun 13, 2023
-
House
3 Beds
2 Baths
-
$225,000 Jan 13, 2022
$225,000 Feb 28, 2022
-
House
3 Beds
1 Bath
1,526 ft²
$105/ft²
$160,000 Jan 5, 2021
$160,000 Feb 5, 2021
-
Townhouse
3 Beds
1 Bath
1,264 ft²
$132/ft²
$167,000 May 13, 2021
$167,000 Jun 11, 2021
-
In Contract
Townhouse
3 Beds
2 Baths
1,122 ft²
$165/ft²
$185,000 Jun 7, 2023
-
-
Townhouse
3 Beds
1 Bath
1,184 ft²
$160/ft²
$189,900 Mar 3, 2023
-
-
In Contract
House
4 Beds
2 Baths
1,920 ft²
$99/ft²
$189,950 May 11, 2023
-
-
Townhouse
3 Beds
1 Bath
1,530 ft²
$137/ft²
$209,900 Mar 3, 2023
-
-
Townhouse
2 Beds
1 Bath
880 ft²
$199/ft²
$175,000 Jun 1, 2023
-
-
Townhouse
4 Beds
1 Bath
1,470 ft²
$122/ft²
$179,900 Apr 13, 2023
-
-

About Norristown


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Frequently Asked Questions

When was property at 418 West Fornance Street built and last sold?
The property at 418 West Fornance Street was built in 1952 and last sold on May 23, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 418 West Fornance Street is $191,799.
What are some comparable homes to 418 West Fornance Street?
Homes that are comparable to 418 West Fornance Street include a townhouse property at 1228 Pine Street, 1400 Astor Street, 736 Roosevelt Avenue.

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