NOT LISTED FOR SALE

342 W Catherine St Unit 3 Somerset, PA 15501

Estimated Value: $140,000 - $225,000

3 Beds
3 Baths
1,854 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 03, 2013

Last sale price $84,150 $45 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,164/month

183 Days on Market

Highlights

  • Updated Kitchen
  • Double Door Entry
  • Attached Garage
  • Wood Flooring
  • Porch
  • 4-minute walk to Union Street Playground

About This Home

As of April 2013

Are you looking for a great income property? This 3 unit property in a quiet neighborhood would be an excellent investment. Two of the units come with all appliances, and each unit has separate utilities. Two units are currently rented, and the third unit with a 2 car garage underneath has been completely remodeled and is move in ready. Potential annual income of $13,200.00. Don't miss this one!

Last Buyer's Agent

Wendy Kelly

BHHS Preferred Somerset License #AB068753

BHHS Preferred Somerset

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,227 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,854 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Range

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Attached Garage
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • Property has a Home Owners Association
  • Association fees include trash
  • 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: 0.12
  • Lot Size: 44 x 125
  • Road Frontage Type: Public Street
  • Road Surface Type: Paved
  • Exclusions: Tenants' Personal Items
  • Inclusions: Stoves, Refrigerators
  • Directions: W Main St to N Orchard Ave. Turn right, and make left onto W Catherine St. Property on right.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Unit 1(Refrigerator Included)
  • Has Basement: Unit 1 Basement, Full, Unfinished
  • Total Bedrooms: 3
  • Door Features: Double Entry Door
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Kitchen Updated
  • Living Area: 1854
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame
  • Patio And Porch Features: 3 Season Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Attached, On Street, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash

Schools

  • Junior High Dist: Somerset Area

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: See Remarks
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1100
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2446
  • Tax Map Number: S41-034-003-00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Apr 3, 2013
Sold by
Miller Andrea J and Miller Randy L
Bought by
Costea Matthew A
Buyer's Agent
Wendy Kelly
BHHS Preferred Somerset
List Price
$99,900
Sold Price
$84,150
Premium/Discount to List
-$15,750
-15.77%
Current Estimated Value
$172,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,784
Avg. Annual Appreciation
5.90%
Original Mortgage
$86,500
Outstanding Balance
$61,360
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,574
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
Costea Matthew A $84,150 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costea Matthew A $86,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2013 04/03/13 Sold $84,150 -15.8% $45 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
08/22/2012 08/22/12 For Sale $99,900 -- $54 / 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 $3,081 $38,720 $0 $0
2024 $3,081 $38,720 $0 $0
2023 $3,013 $38,720 $0 $0
2022 $2,865 $38,720 $0 $0
2021 $2,806 $38,720 $0 $0
2020 $2,767 $38,720 $0 $0
2019 $2,767 $38,720 $0 $0
2018 $2,728 $38,720 $7,830 $30,890
2017 $2,709 $38,720 $7,830 $30,890
2016 -- $38,720 $7,830 $30,890
2015 -- $38,720 $7,830 $30,890
2014 -- $38,720 $7,830 $30,890
Source: Public Records

Agents Affiliated with this Home

  • Wendy Kelly

    Buyer's Agent in 2013

    Wendy Kelly

    BHHS Preferred Somerset

    (814) 233-5058

    75 in this area

    443 Total Sales

    Wendy Kelly
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Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96005775

APN: 410006930

Pennsylvania Somerset County Somerset 15501

342 W Catherine St Unit 3, Somerset, PA

This home is located at 342 W Catherine St Unit 3, Somerset, PA 15501 since 22 August 2012 and is currently estimated at $172,934, approximately $93 per square foot. 342 W Catherine St Unit 3 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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