Seller's Agent in 2024
Lisa Schmigel
CENTURY 21 FRONTIER REALTY
(724) 513-1154
3 in this area
50 Total Sales
25 Merritt Ave Pittsburgh, PA 15227
Carrick NeighborhoodEstimated Value: $171,299 - $217,000
4
Beds
2
Baths
3,060
Sq Ft
$63/Sq Ft
Est. Value
About This Home
As of February 2024Want to invest in Carrick? This 3-unit building has all the right ingredients for a savvy investor. With key updates, this triplex offers both stability & potential. Renovation Done Right~12 years ago, this property underwent a comprehensive renovation, including new plumbing & electrical systems, ensuring peace of mind for you & your tenants. Fresh Roof~A brand NEW roof was installed in August 2022, a significant value addition, promising yrs of worry-free ownership. Prime Location~Strategically located next to bus stop on Brownsville Rd, providing fast & easy public transportation options. Local Amenities~Your tenants will appreciate the closeness to local eateries & a laundromat, all within walking distance. Utilities Separated~Each unit's utilities are separate, with tenants responsible for their own gas and electric bills, while the landlord covers water, sewage, and trash. This investment offers not only immediate returns but also the promise of long-term stability. Don't miss!
Last Agent to Sell the Property
CENTURY 21 FRONTIER REALTY License #RS326322 Listed on: 10/29/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,967
Year Built
- Built in 1906
Lot Details
- 4,391 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Asphalt Roof
- Vinyl Siding
Additional Features
- Unfinished Basement
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,044
- Vacancy Allowance $1,590
- Gross Income $31,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2023
Closed on
Feb 21, 2024
Sold by
Schmigel Jeffrey M and Schmigel Lisa
Bought by
Nepal Dewakar
Seller's Agent
Lisa Schmigel
CENTURY 21 FRONTIER REALTY
Buyer's Agent
Lok Nepal
REALTY ONE GROUP PLATINUM
List Price
$229,900
Sold Price
$182,750
Premium/Discount to List
-$47,150
-20.51%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,075
Avg. Annual Appreciation
3.56%
Original Mortgage
$135,000
Outstanding Balance
$132,636
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$61,189
Purchase Details
Listed on
Oct 29, 2023
Closed on
Feb 20, 2024
Sold by
Schmigel Jeffrey M
Bought by
Nepal Dewakar
Seller's Agent
Lisa Schmigel
CENTURY 21 FRONTIER REALTY
Buyer's Agent
Lok Nepal
REALTY ONE GROUP PLATINUM
List Price
$229,900
Sold Price
$182,750
Premium/Discount to List
-$47,150
-20.51%
Views
115
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$132,636
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$61,189
Purchase Details
Closed on
Nov 29, 2016
Sold by
Schmigel Jeffrey M and Schmigel Kenneth W
Bought by
Schmigel Jeffrey M
Purchase Details
Closed on
Jul 22, 2011
Sold by
Bank Ny Mellon Trste
Bought by
Schmigel Kenneth W and Schmigel Jeffrey M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2010
Sold by
Skiles Damon
Bought by
Bank Ny Mellon Trste and Bank Ny Trste
Purchase Details
Closed on
Mar 6, 2007
Sold by
Deutsche Bank N T Co
Bought by
Skiles Damon
Purchase Details
Closed on
Apr 27, 1995
Sold by
Murtaugh William J and Murtaugh Cecelia M
Bought by
Lamarca Gordon R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nepal Dewakar | $182,750 | -- | |
| Nepal Dewakar | $182,750 | -- | |
| Schmigel Jeffrey M | -- | None Available | |
| Schmigel Kenneth W | $25,500 | -- | |
| Bank Ny Mellon Trste | -- | -- | |
| Skiles Damon | $47,500 | -- | |
| Lamarca Gordon R | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nepal Dewakar | $135,000 | |
| Previous Owner | Schmigel Kenneth W | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2024 02/20/24 | Sold | $182,750 | -20.5% | $60 / Sq Ft |
| 10/29/2023 10/29/23 | For Sale | $229,900 | -- | $75 / Sq Ft |
Source: West Penn Multi-List
Tax History Compared to Growth
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 | $1,875 | $81,400 | $13,100 | $68,300 |
| 2024 | $1,875 | $81,400 | $13,100 | $68,300 |
| 2023 | $1,875 | $81,400 | $13,100 | $68,300 |
| 2022 | $1,851 | $81,400 | $13,100 | $68,300 |
| 2021 | $1,871 | $81,400 | $13,100 | $68,300 |
| 2020 | $1,842 | $81,400 | $13,100 | $68,300 |
| 2019 | $1,842 | $81,400 | $13,100 | $68,300 |
| 2018 | $1,477 | $81,400 | $13,100 | $68,300 |
| 2017 | $1,842 | $81,400 | $13,100 | $68,300 |
| 2016 | $385 | $81,400 | $13,100 | $68,300 |
| 2015 | $385 | $81,400 | $13,100 | $68,300 |
| 2014 | $1,801 | $81,400 | $13,100 | $68,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Schmigel
-
Lok Nepal
L
Buyer's Agent in 2024
Lok Nepal
REALTY ONE GROUP PLATINUM
(412) 708-7298
3 in this area
7 Total Sales
Map
Source: West Penn Multi-List
MLS Number: 1630615
APN: 0137-A-00250-0000-00
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Information is deemed reliable but not guaranteed.
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