2900 Penn Square Road

Closed 5/24/22

Last Sold Price

$370,000

3 beds2 baths1,881 sqft$197/sqft

2900 Penn Square Rd, Norristown, PA 19401

Description

Valuable, highly exposed, well maintained Germantown Pike corner property is waiting for an investor/business entrepreneur or resident at the property to operate a small income-producing business. This full commercially zoned, a fence surrounded ranch property has a large living room, 3 bedrooms, full hall bath, kitchen, sunroom w/tile floor, storage shed, private backyard, inside access to one car garage, full basement and nearly 600 sq/ft of retail space for various businesses use (Previously used...Valuable, highly exposed, well maintained Germantown Pike corner property is waiting for an investor/business entrepreneur or resident at the property to operate a small income-producing business. This full commercially zoned, a fence surrounded ranch property has a large living room, 3 bedrooms, full hall bath, kitchen, sunroom w/tile floor, storage shed, private backyard, inside access to one car garage, full basement and nearly 600 sq/ft of retail space for various businesses use (Previously used as Beauty salon, Uniform retail shop..etc.). Each room controls its own heating and the back bedroom has access to the storage room for the retail area which has its own powder room and down to the basement for more storage and utility access. Electric HW heater, laundry hookup, sump pump with battery backup, public water and sewer, 200+ amp service. Exterior finished with brick and vinyl siding, driveway, separate paved area for customer parking and entry to the retail space. High traffic volume! Super visible! Walking distance to LA Fitness and Panera Bread. Convenient access to major roads including PA-Turnpike, RT. 476, RT. 76 and RT. 202!

LISTING CLOSED: 05/24/2022 12:00 AM

Listed by Lisa Lim • RE/MAX Services
P: (215) 641-2500 lisalim4789@gmail.com
Listed by Steve H Lee • RE/MAX Services
P: (610) 721-1086 stevelee@remax.net

Property Details for 2900 Penn Square Road

Status

Closed

MLS #

PAMC2031376

Days on Market

Taxes

$5,525 / year

HOA Fees

Condo/Co-op Fees

Property Type

Single Family

MLS Type

Residential / Fee Simple

Year Built

1954

Lot Size

0.23 AC / 9,900 SF

County

Montgomery County

Tax ID Number

33-00-06775-005

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Detached

Style

Ranch/Rambler

Levels/Stories

Waterfront

Garage

Subdivision

PENN SQ

Subdivision

PENN SQ (MONTGOMERY PA)

Cross Street

GERMANTOWN PK

Municipality

EAST NORRITON TWP

Total Parking Spaces

Central Air

Basement

Yes

Room Count

Above Grade Finished SQFT

1,881.00

Above Grade Fin SQFT Source

Assessor

Below Grade Finished SQFT

.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

.00

Total Below Grade SQFT Source

Assessor

New Construction

Property Condition

Excellent

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Location

Listing Courtesy of RE/MAX Services

Sold By Tesla Realty Group, LLC

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Building Information for 2900 Penn Square Road

Stories1Year Built1954Building Size-Lot Size0.23 AC / 9,900 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$2,341 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,881

Property Taxes

$460

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 2900 Penn Square Road

Location

School District Name: NORRISTOWN AREA
School District County ID: 300200397035

SchoolDistrictSource: Listing Agent
County: MONTGOMERY
MLS Area: East Norriton Twp (10633)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2021
Tax Assessed Value: $119,480

Year Assessed: 2022
County Tax: $469
Improvement Assessed Value: $0
City Town Tax: $326
Land Assessed Value: $0
Clean Green Assessed: No
Land Use Code: 1101
Zoning: C
Zoning Dscrp: Commercial District
Tax Lot: 010
School Tax: $4,731
Automatically Update Tax Values Y/N: No

Lease Information

Concessions: Yes
Concessions Amount: $4,426

Rooms

Main

# Bedrooms Count Main Level: 3
# Bathrooms Count Main Level: 2

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 1

All Lower Levels

# Bathrooms All Lower Levels: 0
# Bathrooms Full All Lower Levels: 0

# Bathrooms Half All Lower Levels: 0

Lower Level 1

# Bathrooms Lower Level: 0
# Bathrooms Full Lower Level: 0

# Bathrooms Half Lower Level: 0

Rooms

Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
Stories: Lower 1, Main

Building Info

Total Finished SQFT: 1,881.00
Total Finished SQFT Source: Assessor

Tax Total Finished SQFT: 1,881.00
Total SQFT: 1,881.00
Total SQFT Source: Assessor
Construction Materials: Masonry
Roof: Pitched, Shingle
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8014/0755/4960/801407554960_512_384_WM_23KzuBZco_SrZQvE.jpg
Flooring Type: Hardwood, Carpet, Ceramic Tile, Vinyl
Basement Type: Partial
Foundation Details: Block
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Half-Main Level-1
# Bathrooms Full: 1
# Bathrooms Half: 1
Other Structure: Shed

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 120.00 x 0.00

Lot Dimensions Source: Assessor
Lot Features: Corner, Level
Parcel ID: 682141

Parking

Type Of Parking: Driveway, Off Street, On Street
Driveway - # of Spaces: 6

Interior Features

Interior Features: Ceiling Fan(s), Kitchen - Eat-In
Fireplace: No

Fireplaces Count: 0
Appliances: Oven - Self Cleaning, Dishwasher, Disposal
Accessibility Features: None
Laundry Type: Main Floor, Basement
Virtual Tour URL Unbranded: https://alcovevideo.com/2900-penn-square-rd

Exterior Features

Exterior Features: Sidewalks, Street Lights
Outdoor Living Structures: Patio(s)

Pool: No Pool

Utilities

Utilities: Cable TV
Heating: Yes

Cooling Type: Wall Unit
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Electric
Hot Water: Oil, Electric
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 200+ Amp Service

Confidential Data

Listing Office

List Agent AOR: Tri-County Suburban REALTORS

Property History for 2900 Penn Square Road

Date	Event & Source	Price	Appreciation
May 24, 2022	Closed (Public Record) Public Record #1492544926	$370,000	+0.4% / yr
May 24, 2022	Closed BRIGHT #PAMC2031376	$370,000	—
Apr 15, 2022	Pending BRIGHT #PAMC2031376		—
Apr 15, 2022	Active Under Contract BRIGHT #PAMC2031376		—
Mar 30, 2022	Price Change BRIGHT #PAMC2031376	$399,000	—
Mar 17, 2022	Listed (Active) BRIGHT #PAMC2031376	$449,000	—
Jun 25, 2010	Withdrawn BRIGHT #1008638376	$390,000	—
Jun 25, 2009	Closed (Public Record) Public Record #271488345	$350,000	—
Oct 27, 2008	Listed (Active) BRIGHT #1008638376	$390,000	—
May 20, 2001	Withdrawn BRIGHT #PAMC532586	$295,000	—
May 20, 2001	Listed (Active) BRIGHT #PAMC532586	$320,000	—

Date	Event & Source	Price
05/24/2022	Closed (Public Record) Public Record #1492544926	$370,000 +0.4% / yr
05/24/2022	Closed BRIGHT #PAMC2031376	$370,000
04/15/2022	Pending BRIGHT #PAMC2031376	—
04/15/2022	Active Under Contract BRIGHT #PAMC2031376	—
03/30/2022	Price Change BRIGHT #PAMC2031376	$399,000
03/17/2022	Listed (Active) BRIGHT #PAMC2031376	$449,000
06/25/2010	Withdrawn BRIGHT #1008638376	$390,000
06/25/2009	Closed (Public Record) Public Record #271488345	$350,000
10/27/2008	Listed (Active) BRIGHT #1008638376	$390,000
05/20/2001	Withdrawn BRIGHT #PAMC532586	$295,000
05/20/2001	Listed (Active) BRIGHT #PAMC532586	$320,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2900 Penn Square Road

Taxable ValueLand$56,720Additions$62,760Total$119,480

Tax Record2025$5,769 ($481 / month)

Home Facts

Baths1.5Total Finished SqFt2,154 SqFtAbove Grade Finished SqFt2,154 SqFtStories1Lot Size9,901 SqFtStyleOffice BuildingYear Built1954ZoningCCountyMONTGOMERYAPN33-00-06775-00-5

Schools near 2900 Penn Square Road

This home is within Norristown Area School District.


Rating	School	Type	Grades	Distance
3/10	Cole Manor El School	Public - Serves this home	K to 4	0.7 mi
7/10	East Norriton Middle School	Public - Serves this home	5 to 8	0.5 mi
4/10	Blockson Middle School	Public - Serves this home	5 to 8	2.4 mi
2/10	Norristown Area High School	Public - Serves this home	9 to 12	2.1 mi
3/10	Roosevelt Alternative School	Public - Choice school	9 to 12	1.8 mi
5/10	Eisenhower Middle School	Public - Nearby school	5 to 8	1.3 mi
NR	Martin Saints Classical High School	Private - Nearby school	9 to 11	0.6 mi
NR	Penn Christian Academy	Private - Nearby school	PK to 9	1.0 mi


Rating	School	Distance
3/10	Cole Manor El School PublicK to 4 Serves this home	0.7 mi
7/10	East Norriton Middle School Public5 to 8 Serves this home	0.5 mi
4/10	Blockson Middle School Public5 to 8 Serves this home	2.4 mi
2/10	Norristown Area High School Public9 to 12 Serves this home	2.1 mi
3/10	Roosevelt Alternative School Public9 to 12 Choice school	1.8 mi
5/10	Eisenhower Middle School Public5 to 8 Nearby school	1.3 mi
NR	Martin Saints Classical High School Private9 to 11 Nearby school	0.6 mi
NR	Penn Christian Academy PrivatePK to 9 Nearby school	1.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2900 Penn Square Road, Norristown, PA 19401	$370,000	3	2	1,881	9,900
123 West Germantown Pike, East Norriton, PA 19401	$800,000	–	–	6,175	–
2902 Penn Square Road, East Norriton, PA 19401	$165,000	3	1	1,071	11,500
2903 Penn Square Road, Norristown, PA 19401	$260,000	3	1	1,258	9,900
201 West Germantown Pike, Norristown, PA 19401	$191,000	–	1	1,920	–
2905 Penn Square Road, Norristown, PA 19401	$189,000	3	2	1,267	11,200
2904 Penn Square Road, Norristown, PA 19401	$337,500	3	1	1,159	8,900
113 West Germantown Pike, Norristown, PA 19401	–	–	1	3,038	–
2907 Penn Square Road, Norristown, PA 19401	$190,000	3	1	1,071	10,800
2906 Penn Square Road, Norristown, PA 19401	$149,500	3	1	1,311	130
205 West Germantown Pike, East Norriton, PA 19401	$330,000	–	–	2,440	–
2909 Penn Square Road, East Norriton, PA 19401	$118,500	3	1	1,071	10,600
2911 Penn Square Road, Norristown, PA 19401	$305,000	3	2	1,291	10,400
200 West Germantown Pike, Norristown, PA 19401	–	–	2	11,615	–
118 West Germantown Pike, Norristown, PA 19401	–	–	–	53,632	–
2913 Penn Square Road, Norristown, PA 19401	$355,000	3	2	1,411	10,100

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Listing Courtesy of RE/MAX Services

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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