NOT LISTED FOR SALE

347-347.5-349 W Main St Somerset, PA 15501

Estimated Value: $131,000 - $267,000

7 Beds
3 Baths
3,740 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $130,000 $35 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,420/month

55 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Hot Water Heating System
  • Covered Patio or Porch
  • Ceiling Fan
  • 2-minute walk to Union Street Playground

About This Home

As of February 2024

This solid and very well maintained property in Somerset borough has so much to offer. The 3 units are fully rented, and tenants pay their own utilities. Each unit has a separate garage space out back, and there are storage areas in the attic and basement. Make it your next investment property, business, convert it back to one large dwelling, or live in one unit while the rent from the other 2 help pay your mortgage. Lots of options available with this versatile and well built property!

Last Agent to Sell the Property

Lourdes Brant

RE/MAX PREMIER, REALTORS Brokerage Phone: 8144454748 License #RS315106 Listed on: 11/12/2023

Last Buyer's Agent

Joseph Geary

RE/MAX PREMIER, REALTORS License #AB067769

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

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: 0.21
  • Lot Size: 66 x 143
  • Road Frontage Type: Public Street
  • Exclusions: Tenants' Personal Items.
  • Inclusions: Some Appliances.
  • Directions: Take W Main St to property on left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Attribution Contact: 8144454748
  • Special Features: None

Interior Features

  • Has Basement: Unit 1 Basement, Unit 2 Basement, Full, Unfinished
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Internet Service, Pantry, Walk-up Attic
  • Living Area: 3740

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Separate Entrance Apartment
  • Patio And Porch Features: Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Asphalt, Detached, Off Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Junior High Dist: Somerset Area

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Farm Land Area Units: Square Feet
  • Zoning Description: Commercial

Multi Family

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

Tax Info

  • Tax Annual Amount: 4066
  • Tax Map Number: S41-034-310-00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2023
Closed on
Feb 9, 2024
Sold by
Suss Jonathan D and Suss Kisook
Bought by
Double T Rentals Llc
Seller's Agent
Lourdes Brant
RE/MAX PREMIER, REALTORS
Buyer's Agent
Joseph Geary
RE/MAX PREMIER, REALTORS
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%
Views
167
Current Estimated Value
$204,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,438
Avg. Annual Appreciation
30.11%
Original Mortgage
$130,000
Outstanding Balance
$127,703
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$76,735

Purchase Details

Closed on
Sep 27, 2018
Sold by
Mcguire Janet
Bought by
Mcguire Jenet and Suss Jonathan D
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
Double T Rentals Llc $130,000 None Listed On Document
Mcguire Jenet -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double T Rentals Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $130,000 -27.8% $35 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $180,000 -10.0% $48 / Sq Ft
11/13/2023 11/13/23 For Sale $200,000 -- $53 / 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 $4,158 $52,250 $0 $0
2024 $4,158 $52,250 $0 $0
2023 $4,066 $52,250 $0 $0
2022 $3,867 $52,250 $0 $0
2021 $3,786 $52,250 $0 $0
2020 $3,734 $52,250 $0 $0
2019 $3,734 $52,250 $0 $0
2018 $3,682 $52,250 $9,130 $43,120
2017 $3,655 $52,250 $9,130 $43,120
2016 -- $52,250 $9,130 $43,120
2015 -- $52,250 $9,130 $43,120
2014 -- $52,250 $9,130 $43,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96032604

APN: 410012230