NOT LISTED FOR SALE

Estimated Value: $652,377 - $813,000

6 Beds
3 Baths
-- Sq Ft
2,091 Sq Ft Lot

Last Sold May 20, 2021

Last sale price $575,000

Est. 24% increase in value since last sale

Current estimated payment $4,481/month

42 Days on Market

About This Home

As of May 2021

385 44th Street in Lawrenceville is certainly one of Pittsburgh’s most pristine & profitable multi-family Triplex Investment properties. This turn-key investment is extremely well maintained & has been conscientiously managed under the same ownership for the past 17 years. This all brick, well built structure has received a multitude of substantial renovations in recent years including updated kitchens, mechanics, windows, flooring, exterior painting & more... All units are currently leased w/ lease expiration dates of October 2021, December 2021 & May 2022. Separate Utilities [Tenants pay Gas & Electric]. Additional features & conveniences include a large two-car garage, small private fenced yard, on-site laundry, & dishwashers in each unit. This property is optimally located just 1 block from Children’s Hospital and just a few blocks from Lawrenceville’s ever prosperous business strip of Butler Street!

Last Agent to Sell the Property

Phillip Anthony

HOWARD HANNA REAL ESTATE SERVICES Listed on: 04/08/2021

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Pam D'Alessandro

RE/MAX SELECT REALTY

RE/MAX SELECT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1900

Lot Details

  • 2,091

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Additional Features

  • Shared Basement
  • Lot Dimensions are 21x115x17x114

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $3,600
  • Gross Income $54,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,322

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Lawrenceville
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 21x115x17x114
  • Garage Yn: Yes
  • Year Built: 1900
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Common Basement
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Annual Utilities Expense: 2600.0

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: RES
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 54660.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 3600.0

Tax Info

  • Tax Annual Amount: 6322.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 20, 2021
Sold by
Neiss Jason H and Neiss Jessica C
Bought by
Cela I Llc
Seller's Agent
Phillip Anthony
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Pam D'Alessandro
RE/MAX SELECT REALTY
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$715,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,094
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Feb 6, 2004
Sold by
Waite Gary
Bought by
Neiss Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2001
Sold by
Nicholas Joseph and Reilly Joseph Lori J
Bought by
Waite Gary
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
Cela I Llc $575,000 --
Cela I L L C $575,000 None Available
Neiss Jason $99,000 --
Waite Gary $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neiss Jason $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $575,000 -4.0% --
04/08/2021 04/08/21 For Sale $599,000 -- --
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 $8,412 $365,100 $18,300 $346,800
2024 $8,412 $365,100 $18,300 $346,800
2023 $6,490 $281,700 $18,300 $263,400
2022 $6,406 $281,700 $18,300 $263,400
2021 $6,476 $281,700 $18,300 $263,400
2020 $6,375 $281,700 $18,300 $263,400
2019 $6,375 $281,700 $18,300 $263,400
2018 $5,113 $281,700 $18,300 $263,400
2017 $2,987 $132,000 $18,300 $113,700
2016 $624 $132,000 $18,300 $113,700
2015 $624 $132,000 $18,300 $113,700
2014 $2,921 $132,000 $18,300 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1493098

West Penn Multi-List

APN: 0049-G-00275-0000-00