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975 Betzwood Drive

975 Betzwood Drive, Norristown, PA 19403
Property in West Norriton
Sold Dec 27, 2023
$370,000
$333,000 by Mortgageamerica, Inc.
Mortgage Due Jan 01, 2054
Sold Aug 31, 2023
$265,000
975 Betzwood Drive 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 1955 and is 69 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 975 Betzwood Drive has 1,077 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 12,300 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The garage measured 432 sqft. Residents will have the luxury of enjoying a unknown. 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 alum/vinyl siding. 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, 975 Betzwood Drive sold most recently in Dec 20, 2023 for a total of $370,000. If you work out the math, that's approximately a cost of $343.55 per sqft. Before that, the property was also sold for $265,000 in Aug 22, 2023. 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 $5,271 in taxes each year. 975 Betzwood Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $107,880. If we break it down further, the land itself was valued at $47,820. Improvements to the property, however, were assessed at a total of $60,060. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: None
  • Garage Square Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,300
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,077
  • Gross Building Area: 1,077
  • Building Area: 1,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,077
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BETZWOOD HILLS
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: L 34

Ownership

  • Current Owner : GOUVEIA RACHEL
  • Current Owner 2: SCHALLER KARL
  • Previous Owner : DACHILE SUSAN
  • Owner Before Previous Owner: GRIEB WILLIAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Norristown Area School District
  • School Tax School District: NORRISTOWN AREA
  • Census Tract: 203402

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 63-038B
  • District: 63
  • Parcel: 63-00-00403-00-2
  • Block: 38B
  • Lot: 34
  • Municipality: WEST NORRITON TOWNSHIP
  • Latitude: 40.117
  • Longitude: -75.4096

    Address

  • Full Address: 975 Betzwood Dr
  • Address - House Number: 975
  • Address - Street Name: Betzwood
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: West Norriton
  • Carrier Code: C043
  • 4-Digit Zip Code: 3641
  • Zip Code: 19403

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,271
  • Tax Rate Code Area: 63

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 391,388
  • High Value: 424,872
  • Low Value: 357,905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,000
  • First Open Lien Mortgage Lender: MORTGAGEAMERICA, INC.
  • First Open Lien Mortgage Recording Date: Dec 27, 2023
  • First Open Lien Mortgage Loan Amount: $333,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $107,880
  • Market Land Value: $47,820
  • Market Improvement Value: $60,060

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $107,880
  • Assessed Land Value: $47,820
  • Assessed Improvements Value: $60,060

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Transaction ID: 11920684370
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 67702
  • Previous Sale Recording Date: Aug 31, 2023
  • Previous Sale Contract Date: Aug 22, 2023
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEAMERICA, INC.
  • First Mortgage Transaction Date: Dec 27, 2023
  • First Mortgage Loan Amount: $333,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

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Frequently Asked Questions

What neighborhood is 975 Betzwood Drive located in?
The 975 Betzwood Drive is a located in the neighborhood of West Norriton in Montgomery, Norristown.
What is the average sales price for listings in 975 Betzwood Drive?
The average sales price for units in 975 Betzwood Drive is $0 currently.

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