NOT LISTED FOR SALE

Estimated Value: $434,821 - $582,000

1 Bed
1 Bath
-- Sq Ft
348 Sq Ft Lot

Last Sold February 15, 2017

Last sale price $320,000

Est. 58% increase in value since last sale

Current estimated payment $3,185/month

Highlights

  • Kitchen Island
  • Central Air
  • 5-minute walk to Strip District Trail
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of February 2017

A stunning designer/model unit in the coveted Otto Milk Building condominium in Pittsburgh's historic Strip District! Tile, granite, polished concrete floors and brick wall accent in an open floorplan. Deeded parking space on site. Walk to river and biking trails, downtown/strip district shopping, restaurants and entertainment. On site fitness center, storage, and pet-friendly building. Transferable LERTA Tax abatement! Ready to move in!

Last Agent to Sell the Property

Kathy Wallace

COMPASS PENNSYLVANIA, LLC Listed on: 08/09/2016

COMPASS PENNSYLVANIA, LLC

Last Buyer's Agent

Adam Longshore

COMPASS PENNSYLVANIA, LLC

COMPASS PENNSYLVANIA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,952

Lot Details

  • 348

Parking

  • 1 Car Parking Space
  • Assigned Parking

Interior Spaces

  • Window Treatments
  • Ceramic Tile Flooring
  • Basement
  • Interior Basement Entry

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • $241 Maintenance Fee
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 0025-N-00080-0515-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,952

Lot Details

0

Parking

1

Listing Details

  • Area Description Sort: Downtown Pgh
  • Basement Access: Interior Only
  • Basement Description: common
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Heat Type2: Heat Pump
  • Inclusions: Dishwasher, Disposal, Electric Cook Top, Kitchen Island, Microwave Oven, Refrigerator, Window Treatments
  • Map Num Block Num Lot Num Info: 0025-N-00080-0515-00
  • Property Type: Residential
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.91429
  • School Transportation: Yes
  • Sewage: Public
  • Style: Mid Rise
  • Type Of Property: Condominium
  • Years Old: 2012
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Floors: Ceramic Tile

Exterior Features

  • Construction Type: Existing

Garage/Parking

  • Parking Description: Assigned Space
  • Parking Spaces: 1

Utilities

  • Cooling: Central, Electric
  • Heat Type: Electric

Condo/Co-op/Association

  • Maintenance Fee: 241

Schools

  • School District: Pittsburgh

Lot Info

  • Lot Size: percent of common

Tax Info

  • Taxes: 1952

MLS Schools

  • School District: Pittsburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Feb 4, 2017
Sold by
Henry Carol Otis
Bought by
Murgi Michael J
Seller's Agent
Kathy Wallace
COMPASS PENNSYLVANIA, LLC
Buyer's Agent
Adam Longshore
COMPASS PENNSYLVANIA, LLC
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$506,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,455
Avg. Annual Appreciation
4.96%
Original Mortgage
$256,000
Outstanding Balance
$212,466
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$273,101

Purchase Details

Closed on
Aug 16, 2012
Sold by
Solara Ventures Iv Llc
Bought by
Henry Carol Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,591
Interest Rate
3.5%
Mortgage Type
FHA
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
Murgi Michael J $320,000 Assured Settlement Solutions
Henry Carol Otis $295,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murgi Michael J $256,000
Previous Owner Henry Carol Otis $255,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $320,000 -8.6% --
12/30/2016 12/30/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $350,000 +25.0% --
10/16/2012 10/16/12 Sold $279,950 +1.1% --
03/10/2012 03/10/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $277,000 -- --
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 $6,129 $266,000 -- $266,000
2024 $6,129 $266,000 -- $266,000
2023 $6,129 $266,000 $0 $266,000
2022 $6,049 $266,000 $0 $266,000
2021 $1,263 $266,000 $0 $266,000
2020 $6,020 $266,000 $0 $266,000
2019 $6,020 $266,000 $0 $266,000
2018 $9 $266,000 $0 $266,000
2017 $6,427 $284,000 $0 $284,000
2016 $1,343 $284,000 $0 $284,000
2015 $1,343 $284,000 $0 $284,000
2014 $6,285 $142,000 $0 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1238094

West Penn Multi-List

APN: 0025-N-00080-0515-00