$478,000
SOLD NOV 25, 2020

261 Magnolia Place Pittsburgh, PA 15228

7 Beds
2.5 Baths
3,450 Sq Ft
6,752 Acres

Recently Sold

$139 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Washer and Dryer
  • Washington Elementary School Rated A+
  • Attached Garage

About This Home

As of March 2023

This huge family home is a Mt Lebanon architectural treasure! Huge front porch w/swing, welcoming entrance, coffered ceilings, elegant living rm fireplace w/pellet stove, dining rm, kitchen, stylish 1/2 bath, large mud and laundry rooms. Access to the large two car garage. Lovely patio w/ hot tub. 2nd floor boasts 3 bedrooms & full bath. 3rd floor has 4 high-ceilinged bedrooms & full bath. Plenty of space for parents & kids working & going to school from home. Fantastic walkable location!

Last Agent to Sell the Property

Ralph Harvey

LISTWITHFREEDOM.COM Listed on: 10/19/2020

LISTWITHFREEDOM.COM

Last Buyer's Agent

Meghan Scichilone

HOWARD HANNA REAL ESTATE SERVICES License #RS332097

HOWARD HANNA REAL ESTATE SERVICES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,721

Parking

  • Attached Garage

Interior Spaces

  • 3,450 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 0141-J-00279-0000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,721

Lot Details

0

Parking

2

Listing Details

  • Area Description Sort: Mt. Lebanon
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Inclusions: Auto Door On Garage, Dishwasher, Disposal, Microwave Oven, Refrigerator, Washer/Dryer
  • Map Num Block Num Lot Num Info: 0141-J-00279-0000-00
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97154
  • Sewage: Public
  • Style: 3 Or More Stories
  • Type Of Property: Residence/Single Family
  • Years Old: 1902
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Floors: Hard Wood, Tile, Wall To Wall
  • Total Sq Ft: 3450

Exterior Features

  • Construction Type: Existing

Garage/Parking

  • Parking Description: Attached Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Window A/C
  • Heat Type: Gas
  • Water: Public

Schools

  • School District: Mount Lebanon

Lot Info

  • Acres: 0.1550
  • Lot Size: 6751.8

Tax Info

  • Taxes: 9721

MLS Schools

  • School District: Mount Lebanon

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $817,500 --
Deed $817,500 --
Warranty Deed $817,500 --
Deed $817,500 --
Special Warranty Deed $478,000 Attorney
Special Warranty Deed $400,000 Penn Bridge Land Abstract Co
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,625 New Conventional
Closed $449,625 New Conventional
Previous Owner $382,400 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $175,330 Non Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $150,000 New Conventional
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: 1473728

West Penn Multi-List

APN: 0141-J-00279-0000-00