$150,000
SOLD OCT 1, 2024

5516 Us 322 Franklin, PA 16323

3 Beds
2 Baths
1,052 Sq Ft
0.52 Acres

Recently Sold

$143 Per Sq Ft

12% Below List Price

132 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Oversized Parking

About This Home

As of October 2024

Such a pretty country setting for this 1.5 story home convenient to Oil City, Franklin and Cranberry. This 3 bedroom, 1.5 bath home has a great sunporch, brand new central AC unit, terrific backyard and a huge, oversized garage with office space and loads of storage. Public water and public sewer (with a new pump). You need to take a look at this one!

Last Agent to Sell the Property

Rebecca Bloom

Wilson Real Estate Brokerage Phone: 8146765556 License #SB065134 Listed on: 05/21/2024

Last Buyer's Agent

Dave McCullough

1st Rate Realty, LLC License #RS362014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,179

Year Built

  • Built in 1928

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 66x331x64x330

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08,025.-014..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,179

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 66x331x64x330
  • Directions: From VCCH,, left on Liberty, left on US 322, to Victory Heights, house is on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1928
  • Attribution Contact: 8146765556
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Garage
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Detached, Oversized, Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: W/D Hook Up
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Cranberry

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Zoning: R-1

Tax Info

  • Tax Annual Amount: 1179.41
  • Tax Map Number: 08,025.-014..-000
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Sep 27, 2024
Sold by
Pierson Ryan Shea and Pierson Samantha
Bought by
Atwood Rachael
Seller's Agent
Rebecca Bloom
Wilson Real Estate
Buyer's Agent
Dave McCullough
1st Rate Realty, LLC
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Views
206
Current Estimated Value
$144,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,718
Avg. Annual Appreciation
8.04%
Original Mortgage
$147,283
Outstanding Balance
$145,916
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$14,281

Purchase Details

Listed on
May 19, 2022
Closed on
Sep 9, 2022
Sold by
Fiscus Andrew P
Bought by
Pierson Ryan Shea and Pierson Samantha Jo
Seller's Agent
Jason Rockwell
ERA Johnson Real Estate
Buyer's Agent
Non-member Non-member
Non-Member
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$120,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $150,000 None Listed On Document
Special Warranty Deed $150,000 Settlements Limited
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 FHA
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $150,000 -9.1% $143 / Sq Ft
06/04/2024 06/04/24 Price Changed $165,000 -2.9% $157 / Sq Ft
05/21/2024 05/21/24 For Sale $169,900 -- $162 / Sq Ft
Source: Allegheny Valley Board 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 $1,232 $49,870 $7,510 $42,360
2024 $1,179 $49,870 $7,510 $42,360
2023 $1,140 $49,870 $7,510 $42,360
2022 $1,124 $49,870 $7,510 $42,360
2021 $1,124 $49,870 $7,510 $42,360
2020 $1,124 $49,870 $7,510 $42,360
2019 $1,124 $49,870 $7,510 $42,360
2018 $1,101 $49,870 $7,510 $42,360
2017 -- $49,870 $7,510 $42,360
2016 $1,113 $49,870 $7,510 $42,360
2015 -- $49,870 $7,510 $42,360
2014 -- $49,870 $7,510 $42,360
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rebecca Bloom

    Wilson Real Estate

    14 in this area

    66 Total Sales

    Section Image
  • Dave McCullough

    Buyer's Agent in 2024

    Dave McCullough

    1st Rate Realty, LLC

    (814) 657-2209

    30 in this area

    181 Total Sales

    Section Image
See All Agents

Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 159221

APN: 08-025-014-000

Pennsylvania Venango County Franklin 16323

5516 Us 322, Franklin, PA

This home is located at 5516 Us 322, Franklin, PA 16323 and is currently priced at $150,000, approximately $142 per square foot. This property was built in 1928. 5516 Us 322 is a home located in Venango County with nearby schools including Cranberry Elementary School, Cranberry Area Junior/Senior High School, and St Patrick Elementary School.

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