NOT LISTED FOR SALE

1556 Fallowfield Ave Pittsburgh, PA 15216

Beechview Neighborhood

Estimated Value: $336,000 - $463,000

4 Beds
3 Baths
2,600 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $300,000 $115 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,495/month

About This Home

As of December 2021

Well maintained 3 unit investment opportunity located in the heart of the Beechview neighborhood of Pittsburgh. This would also be great for someone who is interested in an owner-occupied rental property. Conveniently located near the Fallowfield Trolly stop which provides quick access to downtown, West-End, and the South Hills in minutes. All apartments feature nice sized bedrooms, fully equipped eat-in kitchens, very spacious living rooms. Basement is shared between the tenants in the main part of the building each with their own washer and dryer. 1 bedroom apartment has their own washer and dryer in a closet in the kitchen. Huge fenced in rear yard with shed for storage. Tenants pay all utilities. Property is 100% occupied.

Last Agent to Sell the Property

Ken Lucci

YOUR TOWN REALTY LLC Listed on: 11/04/2021

Last Buyer's Agent

Aaron Albert

COMPASS PENNSYLVANIA, LLC

COMPASS PENNSYLVANIA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,572

Lot Details

  • 6,534

Parking

  • Attached Garage
  • 6 Car Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Additional Features

  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0035-G-00042-0000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Lot Details

0

Parking

6

Listing Details

  • Area Description Sort: Beechview
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 0035-G-00042-0000-00
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 1.03806
  • Ratio Close Price By Original Li: 1.03806
  • Type Of Property: Triplex
  • Years Old: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Description: Integral Garage, Off-Street Parking, On-Street Parking
  • Parking Spaces: 6

Utilities

  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: Pittsburgh

Lot Info

  • Acres: 0.1584
  • Lot Size: 0.1584
  • Zoning: R

Multi Family

  • Gross Annual Income: 27600
  • Unit Count: 3

Tax Info

  • Taxes: 2572

MLS Schools

  • School District: Pittsburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Gilmore Jeffrey Robert
Bought by
Malady William 3Rd
Current Estimated Value
$429,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$407,355
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$22,430

Purchase Details

Closed on
May 8, 2024
Sold by
Gilmore Jeffrey Robert
Bought by
Malady William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$407,355
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$22,430

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 13, 2021
Sold by
Lucci Kenneth V and Lucci Kristen L
Bought by
Gilmore Jeffrey Robert
Seller's Agent
Ken Lucci
YOUR TOWN REALTY LLC
Buyer's Agent
Aaron Albert
COMPASS PENNSYLVANIA, LLC
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$294,566
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 10, 2021
Sold by
Lucci Kenneth V
Bought by
Gilmore Jeffrey Robert
Seller's Agent
Ken Lucci
YOUR TOWN REALTY LLC
Buyer's Agent
Aaron Albert
COMPASS PENNSYLVANIA, LLC
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Cottrill David
Bought by
Lucci Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1995
Sold by
Hud
Bought by
Wasiecko Joseph J

Purchase Details

Closed on
May 3, 1994
Sold by
Sciulli Mark R
Bought by
Cottrill David C and Cottrill Janet L
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
Malady William 3Rd $435,000 --
Malady William $435,000 --
Gilmore Jeffrey Robert $300,000 --
Gilmore Jeffrey Robert $300,000 --
Gilmore Jeffrey Robert $300,000 --
Gilmore Jeffrey Robert $300,000 --
Lucci Kenneth $150,000 --
Wasiecko Joseph J $30,600 --
Cottrill David C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malady William $413,250
Previous Owner Gilmore Jeffrey Robert $294,566
Previous Owner Gilmore Jeffrey Robert $294,566
Previous Owner Lucci Kenneth $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $300,000 +3.8% $115 / Sq Ft
11/04/2021 11/04/21 For Sale $289,000 -- $111 / 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 $2,606 $229,200 $45,800 $183,400
2024 $2,606 $113,100 $20,200 $92,900
2023 $2,606 $113,100 $20,200 $92,900
2022 $2,572 $113,100 $20,200 $92,900
2021 $2,600 $113,100 $20,200 $92,900
2020 $2,559 $113,100 $20,200 $92,900
2019 $2,559 $113,100 $20,200 $92,900
2018 $2,053 $113,100 $20,200 $92,900
2017 $2,559 $113,100 $20,200 $92,900
2016 $535 $113,100 $20,200 $92,900
2015 $535 $113,100 $20,200 $92,900
2014 $2,503 $113,100 $20,200 $92,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Ken Lucci

    YOUR TOWN REALTY LLC

    (412) 335-4020

    1 in this area

    5 Total Sales

    Ken Lucci
    Section Image
  • Aaron Albert

    Buyer's Agent in 2021

    Aaron Albert

    COMPASS PENNSYLVANIA, LLC

    (724) 272-7525

    1 in this area

    39 Total Sales

    Aaron Albert
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1529386

West Penn Multi-List

APN: 0035-G-00042-0000-00

Pennsylvania Allegheny County Pittsburgh 15216 Beechview

1556 Fallowfield Ave, Pittsburgh, PA

This home is located at 1556 Fallowfield Ave, Pittsburgh, PA 15216 since 04 November 2021 and is currently estimated at $429,785, approximately $165 per square foot. 1556 Fallowfield Ave is a home located in Allegheny County with nearby schools including Pittsburgh Beechwood K-5, South Hills Middle School, and Pittsburgh Brashear 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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