NOT LISTED FOR SALE

318 S Franklin Ave Somerset, PA 15501

Estimated Value: $189,000 - $280,000

5 Beds
2.5 Baths
2,984 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $185,000 $62 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,480/month

25 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of April 2024

This grand, older home is packed with potential and offers a variety of possibilities. With 4-5 bedrooms and 2.5 baths, it could be used as a single-family or two-family home. First floor features include an eat-in kitchen with pantry closet; large living room/dining room with hardwood flooring and fireplace; 3 bedrooms and 1.5 baths. The second floor consists of 2 additional bedrooms (or 1 bedroom and laundry room), a full bath, a huge family/bonus room and another kitchen with appliances. There is a walk-up attic, full basement, a covered front porch, a side deck with retractable awning and a one-car, detached garage with paved driveway. An added bonus is an assumable mortgage at 3.375% for qualified buyers!

Last Agent to Sell the Property

Scott Boyer

RE/MAX Premier Realtors Brokerage Phone: 8144454748 License #RB029707A Listed on: 03/08/2024

RE/MAX Premier Realtors

Last Buyer's Agent

Joseph Geary

HOWARD HANNA BARDELL REALTY SOMERSET License #AB067769

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1880

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,984 Sq Ft Home
  • 2.5-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Connected

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.344
  • Lot Size: 100 x 150
  • Road Frontage Type: Public Street
  • Inclusions: 2 Stoves, 2 Refrigerators, Microwave, And Window Treatments.
  • Directions: Go west on West Main Street in Somerset and turn left onto South Franklin Ave. Look for the house on the right across from the baseball field
  • Above Grade Finished Sq Ft: 2984
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • Year Built: 1880
  • RoomMasterBathroomLevel: Second
  • Kitchen Level: First
  • Attribution Contact: 8144454748
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave Hood, Range Hood, Microwave, Range, Refrigerator
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Ceramic Tile
  • Interior Amenities: 2nd Floor Laundry, Bookcases, Eat-in Kitchen, Main Floor Bedroom, Separate Dining Room, Walk-up Attic
  • Living Area: 2984
  • Window Features: Double Pane Windows, Window Treatments
  • Bathroom 2 Area: 24
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 192
  • Master Bedroom Master Bedroom Level: First
  • Bathroom 3 Area: 56
  • Room Bedroom2 Area: 182
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 16
  • RoomLivingRoomDescription: Hardwood Flooring, Fireplace
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: Second
  • Bathroom 3 Level: First
  • Room Living Room Area: 400
  • Room Kitchen Area: 256
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 192

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Cedar, Frame
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Detached, Paved, Asphalt, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: 2nd Floor Laundry, Second Level, Could Be 5th Bedroom
  • Security: Smoke Detector(s)
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Junior High Dist: Somerset Area

Lot Info

  • Lot Size Sq Ft: 14984.64
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3448.56
  • Tax Map Number: S41-039-009-00 & 039-008
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 25, 2024
Sold by
Warnick Molly E and Regelman Philip L
Bought by
Shaw Robert E and Shaw Wendy M
Seller's Agent
Scott Boyer
RE/MAX Premier Realtors
Buyer's Agent
Joseph Geary
HOWARD HANNA BARDELL REALTY SOMERSET
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Views
228
Current Estimated Value
$227,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,530
Avg. Annual Appreciation
14.69%
Source: Public Records

Range of Values:

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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
Shaw Robert E $185,000 None Listed On Document
Shaw Robert E $185,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2024 04/25/24 Sold $185,000 -2.1% $62 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $189,000 +27.8% $63 / Sq Ft
07/29/2020 07/29/20 Sold $147,900 0.0% $50 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Sold $147,900 -12.9% $50 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
06/22/2020 06/22/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $169,900 -26.1% $57 / Sq Ft
11/21/2018 11/21/18 For Sale $230,000 -- $77 / 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 $3,398 $42,710 $0 $0
2024 $3,398 $42,710 $0 $0
2023 $3,324 $42,710 $0 $0
2022 $3,161 $42,710 $0 $0
2021 $3,095 $42,710 $0 $0
2020 $3,052 $42,710 $0 $0
2019 $3,052 $42,710 $0 $0
2018 $3,009 $42,710 $9,570 $33,140
2017 $2,987 $42,710 $9,570 $33,140
2016 -- $42,710 $9,570 $33,140
2015 -- $42,700 $9,565 $33,135
2014 -- $42,700 $9,565 $33,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96033092

APN: 410016950