NOT LISTED FOR SALE

261 Magnolia Place Pittsburgh, PA 15228

Estimated Value: $757,000 - $883,000

6 Beds
2.5 Baths
3,450 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $817,500 $237 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,472/month

35 Days on Market

Highlights

  • Dutch Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Washington Elementary School Rated A+
  • 3 Fireplaces
  • Double Pane Windows

About This Home

As of March 2023

One of Mt. Lebanon's oldest and architecturally important homes. Walking distance to everything Mt. Lebanon has to offer, schools, Uptown, library, dining & more! Meticulously updated and maintained while keeping the historic details in place. This all brick 3 story home has an oversized front patio with original French glass doors. The light filled entry has original woodwork with modern light fixtures. The first floor features an updated half bath, 2 original fireplaces, built ins, an oversized living and dining room, coffered ceilings and refinished hardwoods. The updated kitchen with new appliances leads to a large mudroom and first floor laundry as well as access to the large patio & driveway/garage. The 2nd & 3rd floors have large bedrooms an updated full bath, living & work space. No detail missed in this Mt. Lebanon gem! New roof. All new electric wiring, freshly painted throughout, central high velocity air, too many updates to list!

Last Agent to Sell the Property

Meghan Scichilone

HOWARD HANNA REAL ESTATE SERVICES License #RS332097 Listed on: 02/23/2023

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Kimberly Lanphear

BERKSHIRE HATHAWAY THE PREFERRED REALTY

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,639

Year Built

  • Built in 1902

Lot Details

  • 6,752 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Dutch Colonial Architecture
  • Composition Roof

Interior Spaces

  • 3,450 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Decorative Fireplace
  • Double Pane Windows
  • Window Treatments
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam

Community Details

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,639

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Municipality: Mt. Lebanon
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Size Acres: 0.155
  • Lot Size: 0.155
  • Directions: Cochran to Magnolia
  • Architectural Style: Dutch Colonial, Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1902
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Basement: Unfinished, Walk-Up Access
  • Appliances: Some Gas Appliances, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Pantry, Window Treatments
  • Window Features: Multi Pane, Window Treatments

Exterior Features

  • Roof: Composition
  • Construction Type: Brick
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Mount Lebanon

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10639.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 3, 2023
Sold by
Benson Dina Elizabeth and Benson Hugh Edward
Bought by
Babb Lisa M and Fox Bryan A
Seller's Agent
Meghan Scichilone
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Kimberly Lanphear
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$799,000
Sold Price
$817,500
Premium/Discount to List
$18,500
2.32%
Views
27
Current Estimated Value
$831,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,009
Avg. Annual Appreciation
0.74%
Original Mortgage
$449,625
Outstanding Balance
$438,162
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$393,347

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 31, 2023
Sold by
Benson Dina Elizabeth and Benson Hugh Edward
Bought by
Babb Lisa M
Seller's Agent
Meghan Scichilone
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Kimberly Lanphear
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$799,000
Sold Price
$817,500
Premium/Discount to List
$18,500
2.32%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,625
Outstanding Balance
$438,162
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$393,347

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 9, 2020
Sold by
Carvellas Brad N and Carvellas Sarah M
Bought by
Benson Dina Elizabeth and Benson Hugh Edward
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Meghan Scichilone
HOWARD HANNA REAL ESTATE SERVICES
List Price
$492,000
Sold Price
$478,000
Premium/Discount to List
-$14,000
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%
Original Mortgage
$382,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2017
Closed on
Oct 2, 2017
Sold by
Hedin Robert S and Hedin Elizabeth R
Bought by
Carvellas Brad N and Carvellas Sarah M
Seller's Agent
Eileen Kennedy-Levine
WPML Inactive User File
Buyer's Agent
Lauren Coulter
COMPASS PENNSYLVANIA, LLC
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$320,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2003
Sold by
Allen Albert G
Bought by
Hedin Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.02%
Mortgage Type
New Conventional
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
Babb Lisa M $817,500 --
Babb Lisa M $817,500 --
Babb Lisa M $817,500 --
Babb Lisa M $817,500 --
Benson Dina Elizabeth $478,000 Attorney
Carvellas Brad N $400,000 Penn Bridge Land Abstract Co
Hedin Robert S $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babb Lisa M $449,625
Closed Babb Lisa M $449,625
Previous Owner Benson Dina Elizabeth $382,400
Previous Owner Carvellas Brad N $320,000
Previous Owner Hedin Elizabeth R $175,330
Previous Owner Hedin Robert S $200,000
Previous Owner Hedin Robert S $75,000
Previous Owner Hedin Robert S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $817,500 +2.3% $237 / Sq Ft
02/23/2023 02/23/23 For Sale $799,000 +67.2% $232 / Sq Ft
11/25/2020 11/25/20 Sold $478,000 0.0% $139 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/25/2020 10/25/20 Price Changed $478,000 -2.8% $139 / Sq Ft
10/19/2020 10/19/20 For Sale $492,000 +23.0% $143 / Sq Ft
10/02/2017 10/02/17 Sold $400,000 +0.3% $120 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $399,000 -- $120 / 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
2024 $10,457 $284,000 $65,300 $218,700
2023 $10,881 $302,000 $65,300 $236,700
2022 $10,639 $302,000 $65,300 $236,700
2021 $2,851 $302,000 $65,300 $236,700
2020 $9,721 $302,000 $65,300 $236,700
2019 $9,588 $284,000 $65,300 $218,700
2018 $1,428 $302,000 $65,300 $236,700
2017 $9,477 $284,000 $65,300 $218,700
2016 $1,343 $284,000 $65,300 $218,700
2015 $1,343 $284,000 $65,300 $218,700
2014 $9,199 $284,000 $65,300 $218,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1593592

West Penn Multi-List

APN: 0141-J-00279-0000-00