NOT LISTED FOR SALE

1501 Mcfarland Rd Pittsburgh, PA 15216

Estimated Value: $368,000 - $555,844

4 Beds
4 Baths
3,640 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $322,500 $89 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,406/month

2 Days on Market

Highlights

  • Detached Garage
  • 5-minute walk to Dormont Junction
  • 4-minute walk to Meadowcroft Park
  • Lincoln Elementary School Rated A

About This Home

As of October 2017

Investors dream! Well maintained Fourplex in the heart of Mt. Lebanon. Four, two bedroom, 1 bathroom apartments with separate utilities. Two car detached garage with drive way to accommodate a total of 4 parking spots. Excellent potential for higher rental income with some TLC. Walking distance to Washington Road shops and dining. Laundry hook-up and individual locker storage in the basement.

Last Agent to Sell the Property

Ashley Fitterer

JEFFERSON HILLS R.E. License #RS312070 Listed on: 08/29/2017

Last Buyer's Agent

Stacey Diaz

WPML Inactive User File

WPML Inactive User File

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,744

Parking

  • Detached Garage
  • 2 Car Parking Spaces

Home Design

  • Quadruplex
  • Slate Roof

Community Details

  • 4 Units
  • Other Expense $479

Listing and Financial Details

  • Assessor Parcel Number 0098-F-00338

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Area Description Sort: Mt. Lebanon
  • Basement Description: full
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 0098-F-00338
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.96269
  • Ratio Close Price By Original Li: 0.96269
  • School Transportation: Yes
  • Type Of Property: Fourplex
  • Years Old: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Insulation: Unknown
  • Roof: Slate

Garage/Parking

  • Parking Description: Detached Garage
  • Parking Spaces: 2

Utilities

  • Utilities: 497
  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: Mount Lebanon

Lot Info

  • Lot Size: 2739 SF
  • Zoning: R5

Rental Info

  • Other Expenses: 479

Multi Family

  • Gross Annual Income: 28500
  • Unit Count: 4

Tax Info

  • Taxes: 8165

MLS Schools

  • School District: Mount Lebanon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 31, 2017
Sold by
Trombetta William R and Trombetta Janet K A
Bought by
Sixsmith James G
Seller's Agent
Ashley Fitterer
JEFFERSON HILLS R.E.
Buyer's Agent
Stacey Diaz
WPML Inactive User File
List Price
$335,000
Sold Price
$322,500
Premium/Discount to List
-$12,500
-3.73%
Current Estimated Value
$484,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,961
Avg. Annual Appreciation
6.01%
Original Mortgage
$241,875
Outstanding Balance
$207,335
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$302,370

Purchase Details

Closed on
Mar 30, 1994
Sold by
Tatum Libby
Bought by
Trombetta William R and Anchors Janet K
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
Sixsmith James G $322,500 Attorney
Trombetta William R $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sixsmith James G $241,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $322,500 -3.7% $89 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $335,000 -- $92 / Sq Ft
Source: West Penn Multi-List

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 $9,249 $251,200 $50,300 $200,900
2024 $9,249 $251,200 $50,300 $200,900
2023 $9,051 $251,200 $50,300 $200,900
2022 $8,850 $251,200 $50,300 $200,900
2021 $8,800 $251,200 $50,300 $200,900
2020 $8,599 $251,200 $50,300 $200,900
2019 $8,481 $251,200 $50,300 $200,900
2018 $1,188 $251,200 $50,300 $200,900
2017 $8,383 $251,200 $50,300 $200,900
2016 $1,188 $251,200 $50,300 $200,900
2015 $1,188 $251,200 $50,300 $200,900
2014 $8,136 $251,200 $50,300 $200,900
Source: Public Records

Agents Affiliated with this Home

  • Ashley Fitterer

    Seller's Agent in 2017

    Ashley Fitterer

    JEFFERSON HILLS R.E.

    (412) 956-9876

    42 Total Sales

    Ashley Fitterer
    Section Image

  • S

    Buyer's Agent in 2017

    Stacey Diaz

    WPML Inactive User File

    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1299870

West Penn Multi-List

APN: 0098-F-00338-0000-00

Pennsylvania Allegheny County Pittsburgh 15216

1501 Mcfarland Rd, Pittsburgh, PA

This home is located at 1501 Mcfarland Rd, Pittsburgh, PA 15216 since 29 August 2017 and is currently estimated at $484,461, approximately $133 per square foot. 1501 Mcfarland Rd is a home located in Allegheny County with nearby schools including Lincoln Elementary School, Jefferson Middle School, and Mt Lebanon Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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