2 Pinetown Rd Norristown, PA 19403

1 bed · 1 bath · 1,480 sq ft · Lot Size: 41,856 sq ft · Single Family Home
Est. Property Value: $384,270

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

2 Pinetown Rd is in the 19403 neighborhood of Norristown, PA. It is located in Montgomery County and ZIP code 19403. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 1480 sq ft with 1 bedroom and 1 bathroom and sits on a 41856 sq ft lot. According to public records, it was last sold in 1995 for $89,000. The 19403 area of Norristown has 2 residential homes with an average size of 712 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2 Pinetown Rd Norristown, PA 19403 with Property Intel by Whitepages.

2 Pinetown Rd

Norristown, PA 19403

Neighborhood

Owners & Occupancy for 2 Pinetown Rd

No contact information is available.

Occupancy

Resident 1****************** age 67

Property Financials for 2 Pinetown Rd

2 Pinetown Rd, Norristown, PA has a mortgage from Bank United/tx Fsb (orig. February 09, 2000). Montgomery county annual taxes are $4,708.

Mortgage & Equity Information

Loan Amount$*****
LenderBank United/tx Fsb
Origination DateFebruary 09, 2000
Interest Rate****%
Term5 Years
Rate TypeFixed
Est Balance$*
Due Date*****************
Equity View Equity

Property Tax

Purchase DateFebruary 10, 1995
Property Tax Amount$4,708 in 2024
Purchase Price$89,000

Investment Potential for 2 Pinetown Rd

The property has a current estimated value of $384,270, which is 19% above the zip median, based on public records. It last sold on February 10, 1995 for $89K. Projected long-term
is $36,000 annually ($3,000 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 19403.

Long-Term

Gross Rental
$36,000 per year($3,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 19403 zip code
 
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Property Details for 2 Pinetown Rd

Property Details

Property Sq Ft

Living Area

1,480 sq ft

85% above market

Lot Size

41,856 sq ft

549% above market

Price Per Sq Ft

Living Area

$260 / sq ft

5% below market

Lot Size Area

$9 / sq ft

71% below market

Property condition, age, exterior, etc. for 2 Pinetown…
Longitude: -75.429349 Latitude: 40.13777 Parcel Number (APN): 43-00-03226-007…

Recommended Properties in 19403

Discover more single family homes near 2 Pinetown Rd in Norristown, Pennsylvania. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2 Pinetown Rd in Montgomery County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$384,270
$85,599
$298,670 (349%)
$272,226
$374,984 (138%)
YoY Price Change
2.52%
-100%
Year Built
1940
1951
-11 years
Living Space
1,480 sq ft
844 sq ft
636 (75%)
$ Per Living Sq Ft
$260
$97
$163 (168%)
Lot Size
41,856 sq ft
13,911.5 sq ft
27944 (201%)
$ Per Lot Sq Ft
$9
$7
$2 (32%)

Net Operating Income
$17,288
$6,385 (37%)
Annual Revenue
$36,000
$23,400
$12,600 (54%)
$4,944
$7,383 (149%)
Net Operating Income
$17,288
$6,385 (37%)
Cap Rate
16.36%
Home Value Comparison: Property vs. Local and Regional 1-Bed Single Family Home Medians

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