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38 Lee Rd

Norristown, PA 19403

4 bd 3 ba 2,348 sqft Built 1971 Lot 23,958 sqft single_family
Most recent sale
$510,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $510,000 BrightMLS
Oct 19, 2023 Listing removed BrightMLS
Oct 18, 2023 Listed $559,900 BrightMLS
Oct 6, 2023 Listed $572,500 BrightMLS
Oct 13, 1977 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $177,310 $6,957
2022 $177,310 $6,767
2021 $177,310 $6,592
2020 $177,310 $6,438
2019 $177,310 $6,379
2018 $177,310 $6,219
2017 $177,310 $6,091
2016 $177,310 $5,873
2015 $177,310 $5,819
2014 $177,310 $5,584
2013 $177,310 $5,584
2012 $177,310 $5,584
2011 $177,310 $5,412
2010 $177,310 $5,281
2009 $177,310 $5,043
2008 $177,310 $4,726

Property facts

Year built
1971
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,348 sqft
Lot size
23,958 sqft
ZIP code
19403
City
Norristown
Street
Lee Rd
Coordinates
40.13444, -75.42981

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,522
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 38 Lee Rd last sell?
38 Lee Rd most recently sold on Nov 30, 2023 for $510,000.
What is the current tax assessment for 38 Lee Rd?
The most recent total assessment for 38 Lee Rd (year 2023) is $177,310 with $6,957 in property tax.
How does 38 Lee Rd's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $510,000.
When was 38 Lee Rd built?
38 Lee Rd was built in 1971.
How does 38 Lee Rd compare to others on Lee Rd?
We track 5 other properties on Lee Rd. Browse the list under "Other properties on Lee Rd" to compare beds, baths, and sale history.
What are the property facts for 38 Lee Rd?
38 Lee Rd is a 4 bed, 3 bath, 2,348 sqft, 23,958 sqft lot single_family.
Is 38 Lee Rd a flip candidate?
No — 38 Lee Rd does not appear in our flips dataset.
Is 38 Lee Rd a tax-appeal candidate?
No — 38 Lee Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.7%
2026 Q3
$420.1K
2026 Q4
$408K
ZIP 19403 — Median Price History + Forecast

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