NOT LISTED FOR SALE

132 Locust St Somerset, PA 15501

Estimated Value: $233,447

10 Beds
4 Baths
2,500 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $120,000 $48 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,550/month

339 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Baseboard Heating
  • Corner Lot
  • Shed
  • Garage

About This Home

As of February 2015

What a buy! 3 Units already rented, Large house with lots of room to roam, two units in the big building that have been updated. Very nice units, updated heating and water heaters. Also a detached garage that is rented as well. Buy as investment or buy to live in yourself. Located close to all Somerset has to offer!

Last Agent to Sell the Property

Wendy Kelly

BHHS Preferred Somerset License #AB068753 Listed on: 03/17/2014

BHHS Preferred Somerset

Last Buyer's Agent

Wendy Kelly

BHHS Preferred Somerset License #AB068753 Listed on: 03/17/2014

BHHS Preferred Somerset

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.4 Acre Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Lot Size: .4
  • Road Frontage Type: Public Street
  • Exclusions: Appliances In Units 2 And 3 Belong To Tenants
  • Inclusions: Appliances In The Main House Refrigerator, Stove Stay, No Appliances Other Units Stay
  • Directions: 281 N to Locust St. House on Left
  • Architectural Style: 1.5 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • ResoBuildingAreaSource: SeeRemarks
  • Special Features: None

Interior Features

  • Appliances: Unit 1(Dishwasher Included,Refrigerator Included,Stove Included)
  • Has Basement: Full, Partially Finished
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Hardwood, Carpet, Linoleum, Vinyl
  • Living Area: 2500
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed/Utility Building
  • Patio And Porch Features: 3 Season Porch, Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Garbage Cost Included,Sewage Cost Included,Water Cost Included), Unit 2(Garbage Cost Included,Sewage Cost Included,Water Cost Included), Unit 3(Garbage Cost Included,Sewage Cost Included,Water Cost Included)
  • Association Fee Frequency: None

Schools

  • Junior High Dist: Somerset Area

Lot Info

  • Lot Size Sq Ft: 17424
  • Farm Land Area Units: Square Feet
  • Zoning Description: See Remarks
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1870
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3280
  • Tax Map Number: S42-028-077-00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Feb 24, 2015
Sold by
Grissinger James E and Grissinger Teresa A
Bought by
Hay Ashtin
Seller's Agent
Wendy Kelly
BHHS Preferred Somerset
Buyer's Agent
Wendy Kelly
BHHS Preferred Somerset
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Current Estimated Value
$233,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,447
Avg. Annual Appreciation
6.43%
Original Mortgage
$127,786
Outstanding Balance
$97,835
Interest Rate
3.67%
Mortgage Type
Commercial
Estimated Equity
$135,612

Purchase Details

Closed on
Mar 16, 2007
Sold by
Kennell Casey and Kennell Heather
Bought by
Grissinger James E and Grissinger Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.22%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hay Ashtin $120,000 None Available
Grissinger James E $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hay Ashtin $127,786
Previous Owner Grissinger James E $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2015 02/24/15 Sold $120,000 -25.0% $48 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
03/17/2014 03/17/14 For Sale $159,900 -- $64 / Sq Ft
Source: Cambria Somerset Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,898 $63,090 $0 $0
2024 $3,898 $63,090 $0 $0
2023 $3,787 $63,090 $0 $0
2022 $3,672 $63,090 $0 $0
2021 $3,575 $63,090 $0 $0
2020 $3,575 $63,090 $0 $0
2019 $3,575 $63,090 $0 $0
2018 $3,575 $63,090 $8,710 $54,380
2017 $3,575 $63,090 $8,710 $54,380
2016 -- $63,090 $8,710 $54,380
2015 -- $63,090 $8,710 $54,380
2014 -- $63,090 $8,710 $54,380
Source: Public Records

Agents Affiliated with this Home

  • Wendy Kelly

    Seller's Agent in 2015

    Wendy Kelly

    BHHS Preferred Somerset

    (814) 233-5058

    75 in this area

    444 Total Sales

    Wendy Kelly
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Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96008825

APN: 420020130

Pennsylvania Somerset County Somerset 15501

132 Locust St, Somerset, PA

This home is located at 132 Locust St, Somerset, PA 15501 since 17 March 2014 and is currently estimated at $233,447, approximately $93 per square foot. 132 Locust St is a home located in Somerset County with nearby schools including Maple Ridge Elementary School, Eagle View Elementary School, and Somerset Area Junior/Senior High School.

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