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554 George Street

554 George Street, Norristown, PA 19401
Property in Norristown
Sold Jun 02, 2021
$195,000
$191,468 by Paramount Residential Mortgage
Mortgage Due May 01, 2051
Sold Dec 17, 2003
$142,000
$21,300 by Wells Fargo Bank Na
Mortgage
554 George Street has been categorized by the local assessors in Norristown, PA as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 18 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 554 George Street has 3,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,735 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 554 George Street sold most recently in Apr 29, 2021 for a total of $195,000. If you work out the math, that's approximately a cost of $54.17 per sqft. Before that, the property was also sold for $142,000 in Sep 30, 2003. 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 $5,157 in taxes each year. 554 George Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $84,010. If we break it down further, the land itself was valued at $17,760. Improvements to the property, however, were assessed at a total of $66,250. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,735
  • Lot Size Frontage Feet: 540
  • Total Building Area: 3,600
  • Gross Building Area: 3,600
  • Building Area: 3,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURA KOCHER
  • Land Acres: 0.04
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 103-62

Ownership

  • Current Owner : NUNEZ BAEZ KELVIS F
  • Current Owner 2: MARINE DURAN CLAUDIA
  • Previous Owner : GAMBINO JOHN E
  • Previous Owner 2: GAMBINO KIMBERLY A
  • Owner Before Previous Owner: PILEGGI DESTEFANO BLDRS INC

Neighborhood

  • School District Name: Norristown Area School District
  • School Tax School District: NORRISTOWN AREA
  • Census Tract: 203803

Zoning

  • Zoning: NC

Geography

  • Assessors Map Reference: 13-103
  • District: 13
  • Parcel: 13-00-13032-00-5
  • Block: 103
  • Lot: 62
  • Municipality: NORRISTOWN BOROUGH
  • Latitude: 40.1201
  • Longitude: -75.35

    Address

  • Full Address: 554 George St
  • Address - House Number: 554
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: PA
  • City Name: Norristown
  • Carrier Code: C021
  • 4-Digit Zip Code: 4638
  • Zip Code: 19401

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,157
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 243,582
  • High Value: 284,247
  • Low Value: 202,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,468
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $191,468
  • 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, 2051

    Market Valuation

  • Market Total Value: $84,010
  • Market Land Value: $17,760
  • Market Improvement Value: $66,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $84,010
  • Assessed Land Value: $17,760
  • Assessed Improvements Value: $66,250

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11841169380
  • Current Sale Price: $195,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021063489
  • Previous Sale Recording Date: Dec 17, 2003
  • Previous Sale Contract Date: Sep 30, 2003
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 17, 2003
  • Previous Mortgage Loan Amount: $21,300
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 554 George Street located in?
The 554 George Street is a located in the neighborhood of Norristown in Norristown, Norristown.
What is the average sales price for listings in 554 George Street?
The average sales price for units in 554 George Street is $0 currently.

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