$65,000
SOLD FEB 11, 2025
-- Bed
-- Bath
1,970 Sq Ft
2,522 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

6% Below List Price

20 Days on Market

About This Home

As of February 2025

Discover the potential in this triplex in Observatory Hill! Perfect for investors or renovation-savvy buyers ready to capitalize on an exceptional opportunity. While the property requires significant repairs, it offers substantial value-add potential for those looking to build equity and create a high-performing asset.

This is your chance to strategically upgrade each unit, adding modern features and energy-efficient updates, and command premium rental rates. The layout and location make it ideal for maximizing rental income or tailoring the property to meet current market demands.

If you’re experienced in property rehabs or ready to bring your vision and contractor, this project offers incredible rewards. Don’t miss this rare opportunity to transform potential into profit! Parking lots located along the side of the property are not included in sale.

Last Agent to Sell the Property

Zack Roach

BERKSHIRE HATHAWAY THE PREFERRED REALTY License #RS356191 Listed on: 01/10/2025

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last Buyer's Agent

Viktor Sizov

COLDWELL BANKER REALTY License #RS364965

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1900

Lot Details

  • 2,522 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Composition Roof

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,189

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Observatory Hill
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0579
  • Lot Size: 0.0579
  • Directions: From 279 North, take exit 4 Evergreen Road, turn Left on Evergreen Road, turn Right onto Baytree Road, turn Right onto Perrysville Road. Use GPS.
  • Year Built: 1900
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: LNC
  • Zoning Description: LNC
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1189.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 13, 2025
Sold by
Bower Brian P and Thrower Jessica
Bought by
Aptum L L C
Seller's Agent
Zack Roach
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Buyer's Agent
Viktor Sizov
COLDWELL BANKER REALTY
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Views
15
Current Estimated Value
$63,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,333
Avg. Annual Appreciation
-3.70%
Original Mortgage
$119,700
Outstanding Balance
$119,092
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$55,425

Purchase Details

Listed on
Sep 27, 2011
Closed on
Jan 9, 2012
Sold by
Mertz Terry L
Bought by
Bower Brian P
Seller's Agent
Gregory Higbee
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Mar 21, 2003
Sold by
Mertz Donald H and Mertz Mary
Bought by
Mertz Terry L
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $65,000 --
Deed $65,000 --
Warranty Deed $39,000 --
Interfamily Deed Transfer $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,700 New Conventional
Closed $119,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $65,000 -5.8% $33 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $69,000 +76.9% $35 / Sq Ft
01/09/2012 01/09/12 Sold $39,000 -2.3% $20 / Sq Ft
01/08/2012 01/08/12 Pending -- -- --
09/27/2011 09/27/11 For Sale $39,900 -- $20 / 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
2025 $1,189 $51,600 $15,000 $36,600
2024 $1,189 $51,600 $15,000 $36,600
2023 $1,189 $51,600 $15,000 $36,600
2022 $1,173 $51,600 $15,000 $36,600
2021 $1,173 $51,600 $15,000 $36,600
2020 $1,168 $51,600 $15,000 $36,600
2019 $1,168 $51,600 $15,000 $36,600
2018 $937 $51,600 $15,000 $36,600
2017 $1,168 $51,600 $15,000 $36,600
2016 $244 $51,600 $15,000 $36,600
2015 $244 $51,600 $15,000 $36,600
2014 $1,142 $51,600 $15,000 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1684352

West Penn Multi-List

APN: 0162-R-00236-0000-00