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Listing description

This charming Colonial-style home, built in 1922, offers a unique investment opportunity with significant potential for appreciation. The property features 3 bedrooms and 2.5 bathrooms, with a traditional floor plan that includes a galley kitchen and a cozy living area with a fireplace. The interior requires major rehab, allowing investors to customize and increase value. Set on a 0.11-acre corner lot, the exterior boasts a partly wooded yard that backs to trees, providing a serene backdrop and enhancing privacy. The property includes an asphalt driveway with space for three vehicles, ensuring ample parking. Enjoy scenic views of the creek and surrounding woods, perfect for nature enthusiasts. The location in a cul-de-sac adds to the appeal, making it attractive for future tenants or buyers. With a focus on renovation, this property presents a promising opportunity for investors looking to capitalize on the growing market.

Facts & features

Interior

Bedrooms
3
Bathrooms
2 full · 1 half
Living area
1,848 sq ft
Heating
Central
Cooling
Central A/C

Property & construction

Property type
Residential · Detached
Architectural style
Colonial
Year built
1922

Lot & parking

Lot size
0.11 acres (4,792 sq ft)

Financial

Price / sq ft
$162
HOA dues
None

Listing details

MLS #
PAMC2172274
County
Montgomery County
School district
Methacton
Days on market
96 days

Price history

DateEventPrice
Mar 30, 2026Listed for sale$299,900

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$325,542

High confidence
$313,641$341,819

Automated estimate, not an appraisal.

About this estimate

Based on 10 comparable sales nearby, the Montgomery County assessment ratio, and this home's own June 2024 sale grown with the local market, weighted toward the current asking price.

Last sold
June 2024 for $331,700
About $352,693in today's market
Current list price
$299,900
County assessment implies
$425,780
Est. property taxes at today's rates
$5,458/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
2918 7TH ST, NORRISTOWN, PA 19403April 2026$335,0003/21,865$322,952
115 N PARK AVE, EAGLEVILLE, PA 19403March 2025$426,0003/21,846$425,095
112 E MOUNT KIRK AVE, NORRISTOWN, PA 19403January 2025$449,0003/21,820$454,956
2829 LEON AVE, NORRISTOWN, PA 19403September 2025$436,0003/21,832$420,841
700 GRANDVIEW AVE, NORRISTOWN, PA 19403April 2026$499,9993/22,034$417,792
636 HILLSIDE AVE, NORRISTOWN, PA 19403January 2026$400,0003/11,750$436,808

Sale history

DateEventPrice
June 2024Sold$331,700

From closed MLS records since 2018. Earlier transactions may exist.

Estimated taxes

Estimated at current rates

$5,458 / year

$455 per month

MLS shows (2026)

$5,815

-6.1% at current rates

School tax

METHACTON · 35.72 mills (2025-26)

$4,678

County tax

Montgomery County · 5.95 mills (2026)

$780

Municipal tax

Not reported in the MLS feed

Assessment note:this home appears assessed above what its asking price implies at the county's common level ratio — the next owner may have a case for an assessment appeal worth roughly $1,614/year.

Recomputed from the county assessment ($130,970, 1996 base year) × current millage — portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$59,980 (20%)
6.75%

Loan term

Estimated monthly payment

$2,098/mo

Principal & interest
$1,556
Property taxes (current rates)
$455
Home insurance (est.)
$87

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.

Area statistics

School district

Methacton

Academic index
71.5/100
Graduation rate
95.3%
PSSA ELA proficient
63.6%

2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Montgomery Countycrime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Montgomery County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

Map for 2992 2ND ST, NORRISTOWN, PA 19403

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 3, 2026 at 8:28 PM EDT

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