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511 Norma Lane

511 Norma Lane, Norristown, PA 19401
Property in Norristown
Sold Jan 03, 2005
$127,900
$176,250 by Citizens Bank Na
Mortgage Due Aug 01, 2052
Local assessors in Norristown, PA have categorized 511 Norma Lane as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 4,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 511 Norma Lane has a total of 1,184 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of asbestos shingle were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 511 Norma Lane sold most recently in Dec 20, 2004 for a total of $127,900. If you work out the math, that's approximately a cost of $108.02 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,947 in taxes each year. 511 Norma Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $96,870. If we break it down further, the land itself was valued at $26,320. Improvements to the property, however, were assessed at a total of $70,550. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,100
  • Lot Size Frontage Feet: 260
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,184
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOGAN CIRCLE SEC 03
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 144A-142

Ownership

  • Current Owner : VOOSE AUDREY
  • Previous Owner : MCMICHAEL ROBERT F
  • Previous Owner 2: MCMICHAEL PATRICIA C G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norristown Area School District
  • School Tax School District: NORRISTOWN AREA
  • Census Tract: 203500

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 13-144A
  • District: 13
  • Parcel: 13-00-28208-00-3
  • Block: 144A
  • Lot: 142
  • Municipality: NORRISTOWN BOROUGH
  • Latitude: 40.1247
  • Longitude: -75.3222

    Address

  • Full Address: 511 Norma Ln
  • Address - House Number: 511
  • Address - Street Name: Norma
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Norristown
  • Carrier Code: C019
  • 4-Digit Zip Code: 3134
  • Zip Code: 19401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,947
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 231,208
  • High Value: 284,601
  • Low Value: 177,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,250
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 14, 2022
  • First Open Lien Mortgage Loan Amount: $176,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $96,870
  • Market Land Value: $26,320
  • Market Improvement Value: $70,550

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $96,870
  • Assessed Land Value: $26,320
  • Assessed Improvements Value: $70,550

    Sales

  • Current Sale Contract Date: Dec 20, 2004
  • Current Sale Recording Date: Jan 03, 2005
  • Current Sale Transaction ID: 1129718493
  • Current Sale Price: $127,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005000337

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jan 03, 2005
  • First Mortgage Loan Amount: $125,860
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 511 Norma Lane located in?
The 511 Norma Lane is a located in the neighborhood of Norristown in Norristown, Norristown.
What is the average sales price for listings in 511 Norma Lane?
The average sales price for units in 511 Norma Lane is $0 currently.

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