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1308 Summit Drive

1308 Summit Drive, Oakmont, PA 15139
Property in Oakmont
Sold Jul 27, 2007
$133,000
$790,000 by Presidential Saving Bank
Mortgage
Sold May 17, 2006
$700,000
$790,000 by Presidential Saving Bank
Mortgage
1308 Summit Drive has been categorized by the local assessors in Oakmont, PA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1308 Summit Drive has 4,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,625 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of materials we are unsure of. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1308 Summit Drive sold most recently in Jul 26, 2007 for a total of $133,000. If you work out the math, that's approximately a cost of $31.67 per sqft. Before that, the property was also sold for $700,000 in May 12, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $17,413 in taxes each year. 1308 Summit Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $542,000. If we break it down further, the land itself was valued at $100,800. Improvements to the property, however, were assessed at a total of $441,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Other
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,625
  • Total Building Area: 4,200
  • Gross Building Area: 4,200
  • Building Area: 4,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TO THE SUMMIT AT OAKMONT PLAN
  • Land Acres: 0.359
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: REVISION NO 3 TO THE SUMMIT AT OAKMONT PLAN 203-R LOT = 125X125X125 (OR 15,625 SF) (.36 ALD) SUMMIT DR

Ownership

  • Current Owner : LEVENTON PAUL J
  • Previous Owner : LAMPLE JIM
  • Owner Before Previous Owner: LAMPL JIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Riverview School District
  • School Tax School District: RIVERVIEW
  • Census Tract: 525300

Geography

  • Assessors Map Reference: 0443-K
  • District: 845
  • Parcel: 0443-K-00025-0000-00
  • Block: 443K
  • Lot: 25
  • Municipality: OAKMONT
  • Latitude: 40.5234
  • Longitude: -79.8253

    Address

  • Full Address: 1308 Summit Dr
  • Address - House Number: 1308
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Oakmont
  • Carrier Code: C005
  • 4-Digit Zip Code: 1025
  • Zip Code: 15139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,413
  • Tax Rate Code Area: RIVERVIEW

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 986,691
  • High Value: 1,180,134
  • Low Value: 793,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $790,000
  • First Open Lien Mortgage Lender: PRESIDENTIAL SAVING BANK
  • First Open Lien Mortgage Recording Date: May 17, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $790,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $560,000
  • Market Land Value: $100,800
  • Market Improvement Value: $459,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,000
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $441,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2007
  • Current Sale Recording Date: Jul 27, 2007
  • Current Sale Transaction ID: 1136939569
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 17, 2006
  • Previous Sale Contract Date: May 12, 2006
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRESIDENTIAL SAVING BANK
  • Previous Mortgage Transaction Date: May 17, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $790,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Oakmont



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1308 Summit Drive located in?
The 1308 Summit Drive is a located in the neighborhood of Oakmont in Oakmont, Oakmont.
What is the average sales price for listings in 1308 Summit Drive?
The average sales price for units in 1308 Summit Drive is $0 currently.

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