27 Lee Rd Norristown, PA 19403

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4 beds · 2 baths · 2,348 sq ft · Lot Size: 16,800 sq ft · Single Family Home · Audubon
Est. Property Value: $599,139

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27 Lee Rd is in the Audubon neighborhood of Norristown, PA. It is located in Montgomery County and ZIP code 19403. This Single Family Home was built in 1971 and is approximately 54 years old. The single family home spans 2348 sq ft with 4 bedrooms and 2 bathrooms and sits on a 16800 sq ft lot. According to public records, it was last sold in 1990 for $165,000. The Audubon area of Norristown has 27 residential homes with an average size of 3355 sq ft. Analyze and compare real estate investment strategies for properties like this home at 27 Lee Rd Norristown, PA 19403 with Property Intel by Whitepages.

27 Lee Rd

Norristown, PA 19403

Neighborhood

Owners & Occupancy for 27 Lee Rd

This property is owned by Debra S Gauvain. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Residence**************
Landline(610) 650-0523
Distance from Property**********
Email Address********@gmail.comView Email
Cell Phone(610) ***-****View Cell Phone
Residence**************
Landline(610) 650-0523
Distance from Property**********
Email Address********@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 34
Resident 2*************** age 67
Resident 3*************** age 69
Resident 4************************ age 39

Property Financials for 27 Lee Rd

27 Lee Rd, Norristown, PA has a mortgage from Travelers Mtg Svc Inc (orig. February 25, 2013). Montgomery county annual taxes are $7,310.

Mortgage & Equity Information

Loan Amount$******
LenderTravelers Mtg Svc Inc
Origination DateFebruary 25, 2013
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateOctober 29, 1990
Property Tax Amount$7,310 in 2024
Purchase Price$165,000

Investment Potential for 27 Lee Rd

The property has a current estimated value of $599,139, which is 30% below the neighborhood median, based on public records. It last sold on October 29, 1990 for $165K. Projected long-term
is $28,800 annually ($2,400 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 19403 zip code
 
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Property Details for 27 Lee Rd

Property Details

Property Sq Ft

Living Area

2,348 sq ft

30% below market

Lot Size

16,800 sq ft

40% below market

Price Per Sq Ft

Living Area

$255 / sq ft

5% above market

Lot Size Area

$36 / sq ft

7% above market

Property condition, age, exterior, etc. for 27 Lee Rd…
Longitude: -75.430574 Latitude: 40.135151 Parcel Number (APN): 43-00-07120-001…

Recommended Properties in Audubon

Discover more single family homes near 27 Lee 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 27 Lee Rd in Montgomery County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$599,139
$390,333
$208,806 (53%)
$642,899
$366,207 (57%)
YoY Price Change
2.36%
184%
Year Built
1971
1973
-2 years
Living Space
2,348 sq ft
2,373 sq ft
-25 (-1%)
$ Per Living Sq Ft
$255
$171
$84 (49%)
Lot Size
16,800 sq ft
15,725 sq ft
1075 (7%)
$ Per Lot Sq Ft
$36
$29
$7 (23%)

Net Operating Income
$16,054
-$2,754 (-17%)
Annual Revenue
$28,800
$29,400
-$600 (-2%)
$12,904
$2,596 (20%)
Net Operating Income
$16,054
-$2,754 (-17%)
Cap Rate
4.18%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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