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1318 Cannell Drive

1318 Cannell Drive, Somerset, PA 15501
Property in Somerset
Sold May 12, 2021
$225,000
$125,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2041
Sold Jul 20, 2011
$179,000
$100,000 by Somerset Trust Co
Mortgage Due Aug 01, 2041
1318 Cannell Drive has been categorized by the local assessors in Somerset, PA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1318 Cannell Drive has 2,227 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 47,350 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The roof of the building is made of asbestos. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 11, 2021 for $225,000. That's $101.03 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2011 for $179,000. 1318 Cannell Drive was last assessed in 2023. The total value of the property was assessed at $53,250. 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 $3,197. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,350
  • Total Building Area: 2,227
  • Building Area: 2,227
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,227
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF J RICHARD ROSS
  • Land Acres: 1.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.087 A 1 STY VINYL & BR HO ATT GAR

Ownership

  • Current Owner : DEMOS ERIC N
  • Current Owner 2: DEMOS SABIHA J
  • Previous Owner : JOHNSON STEVE E
  • Previous Owner 2: JOHNSON LORIO JO
  • Owner Before Previous Owner: FRAZIER STACY S
  • Owner Before Previous Owner 2: FRAZIER DOUGLAS J

Neighborhood

  • School District Name: Somerset Area School District
  • School Tax School District: SOMERSET AREA
  • Census Tract: 020802

Geography

  • Assessors Map Reference: S42-052-002-00
  • Account Number: 420076610
  • District: 42
  • Parcel: S42-052-002-002
  • Municipality: SOMERSET TWP
  • Latitude: 39.9936
  • Longitude: -79.0938

    Address

  • Full Address: 1318 Cannell Dr
  • Address - House Number: 1318
  • Address - Street Name: Cannell
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Somerset
  • Carrier Code: R008
  • 4-Digit Zip Code: 4533
  • Zip Code: 15501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,197
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 63
  • Final Value: 272,959
  • High Value: 342,733
  • Low Value: 203,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Market Valuation

  • Market Total Value: $106,500
  • Market Land Value: $16,760
  • Market Improvement Value: $89,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,250

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11836174295
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021003775
  • Previous Sale Recording Date: Jul 20, 2011
  • Previous Sale Contract Date: Jul 11, 2011
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: SOMERSET TRUST CO
  • Previous Mortgage Transaction Date: Jul 20, 2011
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2041

About Somerset



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Frequently Asked Questions

What neighborhood is 1318 Cannell Drive located in?
The 1318 Cannell Drive is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 1318 Cannell Drive?
The average sales price for units in 1318 Cannell Drive is $0 currently.

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