NOT LISTED FOR SALE

501 Somerset Dr Cranberry Township, PA 16066

Estimated Value: $323,000 - $397,628

3 Beds
2 Baths
1,326 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 501 Somerset Dr, Cranberry Township, PA 16066 and is currently estimated at $360,407, approximately $271 per square foot. 501 Somerset Dr is a home located in Butler County with nearby schools including Haine Middle School, Haine Elementary School, and Ryan Gloyer Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2022
Sold by
Larson Jacqueline H
Bought by
Larson Duane A and Larson Jacqueline H
Current Estimated Value
$360,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,885
Outstanding Balance
$214,764
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$149,592

Purchase Details

Closed on
Mar 21, 2022
Sold by
Larson Jacqueline H
Bought by
Larson Duane A and Larson Jacqueline H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,885
Outstanding Balance
$214,764
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$149,592

Purchase Details

Closed on
Apr 17, 2013
Sold by
Merker Kevin
Bought by
Larson Jacqueline H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,964
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2009
Sold by
Geibel Michael A
Bought by
Independence Excavating Inc

Purchase Details

Closed on
Jun 2, 2003
Sold by
Timko Mark
Bought by
Geibel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1999
Sold by
Radella Michael S
Bought by
Timko Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Larson Duane A -- None Listed On Document
Larson Duane A -- None Listed On Document
Larson Jacqueline H $199,580 --
Independence Excavating Inc $175,000 --
Geibel Michael $143,000 --
Timko Mark W $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Duane A $225,885
Closed Larson Duane A $225,885
Previous Owner Larson Jacqueline H $195,964
Previous Owner Geibel Michael $114,400
Previous Owner Timko Mark W $113,900
Source: Public Records

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 $3,390 $18,920 $1,410 $17,510
2024 $3,290 $18,920 $1,410 $17,510
2023 $3,241 $18,920 $1,410 $17,510
2022 $3,241 $18,920 $1,410 $17,510
2021 $3,193 $18,920 $0 $0
2020 $3,193 $18,920 $1,410 $17,510
2019 $3,157 $18,920 $1,410 $17,510
2018 $3,157 $18,920 $1,410 $17,510
2017 $3,101 $18,920 $1,410 $17,510
2016 $851 $18,920 $1,410 $17,510
2015 $384 $18,920 $1,410 $17,510
2014 $384 $18,920 $1,410 $17,510
Source: Public Records

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