NOT LISTED FOR SALE

548 W Main St Somerset, PA 15501

Estimated Value: $203,000 - $293,000

6 Beds
2 Baths
2,808 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $177,125 $63 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,614/month

5 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Patio
  • Porch
  • Double Pane Windows
  • Hot Water Heating System

About This Home

As of July 2021

THIS FULLY OCCUPIED RENTAL DUPLEX IS NESTLED IN THE HEART OF SOMERSET. MINUTES FROM UPTOWN, SCHOOLS, AND LOCAL SHOPPING. THESE APARTMENTS OFFER HARDWOOD FLOOR, GARAGE, ADDITIONAL PARKING, OVERSIZED PATIO AND SO MUCH MORE. EVERYTHING ON THIS PROPERTY- DOWN TO THE LANDSCAPING HAS BEEN UPDATED AND MAINTAINED TO PERFECTION. THIS IS A GREAT OPPORTUNITY FOR AN INVESTMENT PROPERTY.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,155

Lot Details

  • 0.44 Acre Lot
  • Fenced
  • Additional Parcels

Home Design

  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Double Hung Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Attached Garage
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,155

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Lot Size: 145 x 121 x 147 x 122
  • Road Frontage Type: Public Street
  • Exclusions: Personal Belongings
  • Inclusions: Refrigerator, Range/Stove And Dishwasher In Both Apartments
  • Directions: FOLLOW MAIN STREET WEST, HOUSE IS ON RIGHT DIRECTLY BEFORE MAIN STREET SPLITS TO TWO WAY.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Unit 1(Refrigerator Included,Dishwasher Included,Stove Included), Unit 2(Refrigerator Included,Dishwasher Included,Stove Included)
  • Has Basement: Unit 1 Basement, Unit 2 Basement, Full, Unfinished
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Living Area: 2808
  • Window Features: Double Hung, Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: More Than One Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Frame
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Asphalt, Gravel, Attached

Utilities

  • 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: 19166.4
  • Farm Land Area Units: Square Feet
  • Additional Parcels: Yes
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1400
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4155
  • Tax Map Number: S41-033-139
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Bowlby Ryan A and Bowlby Julie
Bought by
Griffenhagen James and Griffenhagen Kasey
List Price
$187,500
Sold Price
$177,125
Premium/Discount to List
-$10,375
-5.53%
Current Estimated Value
$244,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,022
Avg. Annual Appreciation
7.86%
Original Mortgage
$129,750
Outstanding Balance
$118,036
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$126,111
Source: Public Records

Range of Values:

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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
Griffenhagen James $177,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffenhagen James $129,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $177,125 -5.5% $63 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $187,500 -- $67 / 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 $3,891 $48,900 $0 $0
2024 $3,891 $48,900 $0 $0
2023 $3,805 $48,900 $0 $0
2022 $3,619 $48,900 $0 $0
2021 $3,543 $48,900 $0 $0
2020 $3,494 $48,900 $0 $0
2019 $3,494 $48,900 $0 $0
2018 $3,445 $48,900 $9,190 $39,710
2017 $3,421 $48,900 $9,190 $39,710
2016 -- $48,900 $9,190 $39,710
2015 -- $48,300 $9,190 $39,110
2014 -- $48,300 $9,190 $39,110
Source: Public Records

Map

Source: Cambria Somerset Association of REALTORS®

MLS Number: 96024520

APN: 410008670