637 Kohn St · Norristown, PA 19401

$162,000

2 bd · 1.0 ba · 936 sqft · Townhouse public records · 131 Days on market

Built 1890 1,307 sqft lot $173/sqft · 12% above area Est $154k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.7/30.0
• ARV discount +5.3/15.0
• 1% rule +4.8/10.0
• DSCR +4.8/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

Key facts

• Colonial townhouse
• Contemporary luxury
• Historic character

Tags

• COLONIAL TOWNHOUSE
• HISTORIC CHARACTER
• CONTEMPORARY LUXURY
• OPEN-CONCEPT FLOOR PLAN
• HARDWOOD FLOORS
• RECESSED LIGHTING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $162k.

Deal economics

• At list price, monthly cash flow is $70 ($842/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (2.2% below list).
• Recommended offer: $143k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% vs local median 4.5% in Norristown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 84/100 on livability (#100 in PA, #720 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime D-.
• Norristown Area SD (suburban): math 18% / reading 31% proficiency, ranked #466 of 539 in PA (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.3%/yr); 164 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,936 units permitted in Montgomery County in 2024 (530 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Montgomery County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 30y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $52k; list at $162k implies a 212% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.98% ✗
• Cap rate: 6.81%
• Cash-on-cash: 1.86%
• DSCR: 1.08
• GRM: 8.5

CMA / ARV

• ARV (median comp): $154,441
• List price: $162,000
• Delta: 4.89%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
609 W Elm St	0.20mi	2/1.0	979 (+5%)	10mo	$150,000	$153	75
804 Fairbanks Ave	0.22mi	2/1.0	1,022 (+9%)	2mo	$127,500	$125	73
118 Chain St	0.39mi	2/1.0	996 (+6%)	3mo	$147,500	$148	69
134 Wayne Ave	0.39mi	2/1.0	1,002 (+7%)	2mo	$151,000	$151	68
229 W Spruce St	0.42mi	2/1.0	1,004 (+7%)	1mo	$131,500	$131	67
9 E Basin St	0.69mi	2/1.0	980 (+5%)	2mo	$130,000	$133	59
242 Minor St	0.74mi	2/1.0	930 (-1%)	7mo	$160,000	$172	58
20 Lincoln Ave	0.52mi	2/1.0	858 (-8%)	10mo	$130,000	$152	53
19 E Blackberry Aly	0.54mi	2/1.0	850 (-9%)	11mo	$140,000	$165	50
530 Norris St	0.40mi	3/1.0 (+1)	1,066 (+14%)	7mo	$188,500	$177	48
309 Wendover Unit 151-B	0.75mi	2/1.5	906 (-3%)	13mo	$241,000	$266	47
420 W Warren St	0.72mi	3/1.0 (+1)	1,048 (+12%)	4mo	$280,000	$267	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.29% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.46×
• Total profit: $-24,403
• Equity at exit: $24,155

10-year hold

• IRR: -10.2%
• Equity multiple: 0.43×
• Total profit: $-25,876
• Equity at exit: $14,007

Cash invested: $45,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 19401

• Rents YoY: 1.3%
• Active inventory: 164
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,585 high
• Mortgage (P&I): −$850
• Tax from tax record: −$265 /mo · $3,180/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $70

Break-even live

Break-even rent $1,496

Max offer price $162,000

Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,500
• Closing costs: $4,860
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
712 George St Unit 1 Norristown, PA	1.0	1.0	700	$1,500	$2.14	43d	1	0.12mi
835 W Marshall St Unit 6 Norristown, PA	1.0	1.0	550	$1,150	$2.09	24d	1	0.14mi
822 Stanbridge St Norristown, PA	1.0–2.0	1.0	775	$1,695	$2.19	43d	1	0.25mi
1009 Markley St Unit 1009 1R Norristown, PA	1.0	1.0	750	$1,295	$1.73	43d	1	0.35mi
1029 W Main St Unit 1R Norristown, PA	1.0	1.0	700	$1,295	$1.85	24d	1	0.42mi
221 W Main St Unit 7 Norristown, PA	1.0	1.0	740	$1,450	$1.96	24d	1	0.42mi
1020 W Main St Unit 3 Norristown, PA	1.0	1.0	800	$1,500	$1.88	3d	1	0.42mi
515 Cherry St Norristown, PA	3.0	3.0	1100	$1,995	$1.81	24d	1	0.45mi
1115 W Main St Unit 2 Norristown, PA	3.0	1.5	1050	$2,010	$1.91	43d	1	0.46mi
215 W Lafayette St Unit 1 Norristown, PA	1.0	1.0	800	$1,500	$1.88	43d	1	0.47mi
917 Swede St Unit 1 Norristown, PA	1.0	1.0	600	$1,295	$2.16	24d	1	0.48mi
449 Hamilton St Norristown, PA	2.0	1.0	582	$1,519	$2.61	1d	5	0.49mi
1 W Main St Unit 504 Norristown, PA	1.0	1.0	623	$1,595	$2.56	18d	1	0.56mi
423 DeKalb St Norristown, PA	2.0	1.0	795	$1,350	$1.70	24d	1	0.64mi
309 W Poplar St Norristown, PA	1.0–2.0	1.0	712	$1,745	$2.45	43d	1	0.65mi
1 Meadow Ln Jeffersonville, PA	2.0	1.0	975	$1,847	$1.89	10d	1	0.75mi
1 Meadow Ln Jeffersonville, PA	1.0	1.0	775	$1,597	$2.06	3d	1	0.75mi
1 Meadow Ln Jeffersonville, PA	2.0	1.0	975	$1,597	$1.64	43d	1	0.75mi
1 Meadow Ln Jeffersonville, PA	1.0	1.0	950	$1,597	$1.68	2d	1	0.75mi
244 Minor St Norristown, PA	2.0	1.0	1098	$1,700	$1.55	43d	1	0.75mi
421 Wendover Dr Eagleville, PA	2.0	1.0	903	$1,940	$2.15	5d	1	0.86mi
801 Laura Ln Norristown, PA	1.0–2.0	1.0	787	$1,695	$2.15	24d	1	0.92mi
1029 Northridge Dr Unit 82B Norristown, PA	2.0	1.0	903	$1,950	$2.16	43d	1	0.92mi
301 Violet St Norristown, PA	1.0	1.0	800	$1,200	$1.50	18d	1	1.08mi
331 W Logan St Norristown, PA	1.0–2.0	1.0	750	$1,545	$2.06	2d	18	1.16mi
301 E Brown St Unit A9 Norristown, PA	2.0	1.0	1000	$1,595	$1.59	44d	1	1.17mi
200 Ross Rd King of Prussia, PA	1.0–2.0	1.0	950	$1,750	$1.84	43d	1	1.27mi
721 Sandy St Norristown, PA	1.0	1.0	600	$1,375	$2.29	1d	4	1.29mi
1011 New Hope St Norristown, PA	1.0–2.0	1.0	807	$1,810	$2.24	1d	13	1.31mi
708 Carmen Dr Apt B Norristown, PA	2.0	1.0	1000	$1,650	$1.65	21d	1	1.36mi
311 E 4th St Unit 9 Bridgeport, PA	2.0	1.0	900	$1,800	$2.00	24d	1	1.42mi
900 Luxor Ln Norristown, PA	2.0	1.0–2.0	754	$2,070	$2.74	43d	20	1.44mi

Listing history 43 events

1. 2026-06-18
   days on market $162,000 Active 131 DOM
2. 2026-06-17
   days on market $162,000 Active 130 DOM
3. 2026-06-16
   days on market $162,000 Active 129 DOM
4. 2026-06-15
   days on market $162,000 Active 128 DOM
5. 2026-06-13
   days on market $162,000 Active 126 DOM
6. 2026-06-13
   days on market $162,000 Active 125 DOM
7. 2026-06-09
   days on market $162,000 Active 122 DOM
8. 2026-06-08
   days on market $162,000 Active 121 DOM
9. 2026-06-07
   days on market $162,000 Active 120 DOM
10. 2026-06-04
    days on market $162,000 Active 117 DOM
11. 2026-06-03
    days on market $162,000 Active 116 DOM
12. 2026-06-02
    days on market $162,000 Active 115 DOM
13. 2026-06-01
    days on market $162,000 Active 114 DOM
14. 2026-05-31
    days on market $162,000 Active 113 DOM
15. 2026-05-20
    status Pending 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

16. 2026-04-29
    price $169,000 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

17. 2026-03-26
    price $172,000 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

18. 2026-02-26
    price $178,000 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

19. 2026-02-26
    status Active 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

20. 2026-01-27
    historical Active Under Contract 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

21. 2025-12-31
    listed $172,000 Active 1868-char remark

    Show marketing remark (1868 chars)

    BACK TO ACTIVE BUYER PREVIOUS BUYER ISSUE * * * GREAT NEWS THE SELLER WILL PAY FOR ! YEAR OF HOME WARRANTY AT SETTLEMENT * * * -Nestled in the heart of Norristown’s charming community, this beautifully reimagined Colonial townhouse offers a seamless blend of historic character and contemporary luxury. Originally built in 1890 and thoughtfully renovated from 2024 to 2025, the home spans approximately 936 square feet of refined living space—perfectly suited for those who value both heritage and modern design. Step inside to discover an inviting open-concept floor plan that effortlessly connects the living, dining, and kitchen areas. Gleaming hardwood floors and recessed lighting set a warm, elegant tone throughout. The kitchen serves as the heart of the home, featuring upgraded countertops, premium finishes, and a gas cooktop with an oven/range—ideal for both the seasoned chef and casual entertainer. Upstairs, three spacious bedrooms provide serene retreats filled with natural light and timeless details. The full bathroom is thoughtfully appointed with a stylish tub-shower combination, evoking a spa-like ambiance. Ceiling fans throughout ensure year-round comfort and efficiency. Beyond its interior, the property’s classic brick façade reflects its enduring craftsmanship, while a private driveway accommodating two vehicles adds a touch of everyday convenience. Situated less than a mile from public transportation, this home offers the perfect balance of tranquility and accessibility. Every detail of this exceptional townhouse has been curated to deliver an elevated living experience—where history, comfort, and style converge. Whether you’re enjoying a quiet evening at home or hosting friends, this residence invites you to embrace a lifestyle defined by grace, warmth, and modern sophistication.

22. 2025-12-30
    historical
23. 2025-12-16
    listed $179,000 Active
24. 2025-12-10
    historical
25. 2025-11-25
    price $179,000
26. 2025-11-05
    price $189,000
27. 2025-10-10
    listed $194,900 Active
28. 2023-12-03
    historical
29. 2023-10-14
    listed $149,000 Active
30. 2021-10-31
    historical
31. 2021-05-01
    listed $94,900 Active
32. 2021-01-31
    historical
33. 2020-04-03
    status Active
34. 2020-04-01
    historical
35. 2020-02-10
    listed $87,000 Active
36. 2004-02-26
    historical
37. 2004-02-26
    listed $74,900
38. 2004-01-07
    soldstatus $52,000
39. 2003-09-15
    historical
40. 2003-03-20
    listed $59,900
41. 1997-02-08
    historical
42. 1996-02-08
    listed $59,900
43. 1990-02-21
    soldstatus $56,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $3,180 · $265/mo
• Projected year-2 tax: $3,180 · $265/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,021
• − Mortgage interest: −$9,075
• − Property taxes: −$3,180
• − Insurance: −$810
• − Repairs & maintenance: −$1,522
• − Management: −$1,522
• − Depreciation: −$4,713
• Taxable loss: −$1,800
• Est. tax savings @ 24.0%: +$432
• After-tax cash flow: $1,274/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Norristown Area SD
• NCES district ID: 4216980
• Math proficiency: 18% ▼ -11.00%
• Reading proficiency: 31% ▼ -14.00%
• Median HH income: $56,024
• Composite: 22.17/100
• National rank: #8166
• State rank: #466 of 539 in PA

Livability — Norristown

• Score: 84/100
• State rank: #100
• US rank: #720

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime D- Employment C Housing A+ Health & safety A User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Norristown, PA
• County: Montgomery County · 712,331 people
• City population: 87,376
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 43,359
• Household income: $69,908
• Rent vs Own: 54.8% rent · 45.2% own
• Severe rent burden: 2725.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 856,074 people
• By 2030: 870,887 · +1.7%
• By 2040: 891,195 · +4.1%
• By 2050: 896,417 · +4.7%
• By 2075: 903,212 · +5.5%
• By 2100: 843,240 · -1.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 33% Black 29% Hispanic / Latino 29% Two or more races 16% Asian 3% Native American 2%
• Hispanic origin (detail): Mexican 16% Puerto Rican 5% Dominican 2%
• Common ancestry: Romanian 3% Slovak 1%
• Foreign-born: 17% · Canada, Jamaica, South Korea
• Languages at home: 71% English-only · Spanish 22% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Montgomery

• 2024 margin: Strong D (+22.8) · D 60.9% · R 38.1% · Other 1.1%
• 2008→2024 swing: +2.0pp toward D · 2008: 20.8pp · 2024: 22.8pp
• All cycles: 2024: D+22.8 2020: D+26.3 2016: D+21.1 2012: D+14.3 2008: D+20.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -203.75%
• Current HPI: 301.7748
• Rent YoY: ▲ 1.29%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+201.8% since first listed

29 events — show timeline

• 2026-05-20 Pending — BRIGHT MLS
• 2026-04-29 Price Changed $169,000 BRIGHT MLS
• 2026-03-26 Price Changed $172,000 BRIGHT MLS
• 2026-02-26 Price Changed $178,000 BRIGHT MLS
• 2026-02-26 Relisted — BRIGHT MLS
• 2026-01-27 Contingent — BRIGHT MLS
• 2025-12-31 Listed $172,000 BRIGHT MLS
• 2025-12-30 Listing Removed — BRIGHT MLS
• 2025-12-16 Listed $179,000 BRIGHT MLS
• 2025-12-10 Listing Removed — BRIGHT MLS
• 2025-11-25 Price Changed $179,000 BRIGHT MLS
• 2025-11-05 Price Changed $189,000 BRIGHT MLS
• 2025-10-10 Listed $194,900 BRIGHT MLS
• 2023-12-03 Listing Removed — BRIGHT MLS
• 2023-10-14 Listed $149,000 BRIGHT MLS
• 2021-10-31 Listing Removed — BRIGHT MLS
• 2021-05-01 Listed $94,900 BRIGHT MLS
• 2021-01-31 Listing Removed — BRIGHT MLS
• 2020-04-03 Relisted — BRIGHT MLS
• 2020-04-01 Listing Removed — BRIGHT MLS
• 2020-02-10 Listed $87,000 BRIGHT MLS
• 2004-02-26 Listed $74,900 BRIGHT MLS
• 2004-02-26 Listing Removed — BRIGHT MLS
• 2004-01-07 Sold (Public Records) $52,000 Public Records
• 2003-09-15 Listing Removed — BRIGHT MLS
• 2003-03-20 Listed $59,900 BRIGHT MLS
• 1997-02-08 Listing Removed — BRIGHT MLS
• 1996-02-08 Listed $59,900 BRIGHT MLS
• 1990-02-21 Sold (Public Records) $56,000 Public Records

Property tax history

+2.6%/yr

Latest (2026): $3,180 · +2.3% YoY. Source: county tax records.