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1026 East Main Street

1026 East Main Street, Somerset, PA 15501
Property in Somerset
Sold Jul 17, 2015
$110,000
$112,244 by Carrington Mortgage Services L
Mortgage Due Aug 01, 2045
Sold Sep 27, 2005
$83,000
$73,000 by Ameriserv Financial Bank
Mortgage Due Oct 01, 2035
1026 East Main Street in Somerset, PA was first built in 1949 and is 75 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1026 East Main Street has 1,490 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 480 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 2,130. In total, the area measurement of the land is 15,975 square feet.

Learn more about the property and building on this page. The roof of the home is made of asbestos. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 30, 2015 for $110,000. That's $73.83 per sqft. Prior to that sales transaction, the property was also sold in Sep 7, 2005 for $83,000. 1026 East Main Street was last assessed in 2023. The total value of the property was assessed at $27,850. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,167. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: D+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 480
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,975
  • Lot Size Depth Feet: 2,130
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,490
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 & PARCEL 1 STY BR HO GAR SHED

Ownership

  • Current Owner : NICHOLSON CRAIG A
  • Previous Owner : STANKAN HEATHER A
  • Previous Owner 2: STANKAN TRAVIS J
  • Owner Before Previous Owner: IBANEZ ROBERT P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerset Area School District
  • School Tax School District: SOMERSET AREA
  • Census Tract: 021100

Geography

  • Assessors Map Reference: S41-043-012-00
  • Account Number: 410001160
  • District: 41
  • Parcel: S41-043-012-000
  • Lot: 7
  • Municipality: SOMERSET BORO
  • Latitude: 40.0038
  • Longitude: -79.0564

    Address

  • Full Address: 1026 E Main St
  • Address - House Number: 1026
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: PA
  • City Name: Somerset
  • Carrier Code: C004
  • 4-Digit Zip Code: 2142
  • Zip Code: 15501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,167
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 54
  • Final Value: 121,717
  • High Value: 149,520
  • Low Value: 93,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,244
  • First Open Lien Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Open Lien Mortgage Recording Date: Jul 17, 2015
  • First Open Lien Mortgage Loan Amount: $112,244
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $55,690
  • Market Land Value: $13,080
  • Market Improvement Value: $42,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,850

    Sales

  • Current Sale Contract Date: May 30, 2015
  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Transaction ID: 1446102867
  • Current Sale Price: $110,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015005520
  • Previous Sale Recording Date: Sep 27, 2005
  • Previous Sale Contract Date: Sep 07, 2005
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Mortgage Transaction Date: Jul 17, 2015
  • First Mortgage Loan Amount: $112,244
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: AMERISERV FINANCIAL BANK
  • Previous Mortgage Transaction Date: Sep 27, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $73,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 1026 East Main Street located in?
The 1026 East Main Street is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 1026 East Main Street?
The average sales price for units in 1026 East Main Street is $0 currently.

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