NOT LISTED FOR SALE

505 Avery St Pittsburgh, PA 15212

Deutschtown Neighborhood

Estimated Value: $361,000 - $573,000

4 Beds
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $542,500

Est. 5% decrease in value since last sale

Current estimated payment $2,975/month

49 Days on Market

About This Home

As of July 2024

Don't miss out on this exceptional opportunity for investors or owner occupants alike! Situated in the historic Deutschtown neighborhood, this triplex is just a 5-minute stroll from the stadiums and a mere 10-minute walk to Downtown Pittsburgh. The main unit boasts a charming historic facade and a meticulously renovated interior featuring 3 bedrooms and 2.5 bathrooms. With an open-concept layout on the first floor, a luxurious full-floor master suite on the second, and a third floor offering versatile common space and a rooftop deck showcasing stunning views of Downtown Pittsburgh, this residence epitomizes modern urban living. Connected by an inviting urban courtyard, the other two units consist of a 3-bedroom townhome and a one-bedroom apartment, offering flexible living arrangements to suit your needs. Whether you choose to reside in one unit and rent out the others or seize this opportunity as an investment property, the possibilities are endles. Experience the best of Pittsburgh

Last Agent to Sell the Property

Alex Deacon

DEACON & HOOVER REAL ESTATE ADVISORS LLC Listed on: 05/08/2024

Last Buyer's Agent

Caroline Barrett Douglass

REALTY ONE GROUP PLATINUM

REALTY ONE GROUP PLATINUM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Lot Details

  • Lot Dimensions are 25x68

Parking

  • On-Street Parking

Home Design

  • Triplex

Community Details

Overview

  • 3 Units
  • Historic Deuchtown Subdivision

Amenities

  • Public Transportation

Building Details

  • Insurance Expense $1,500
  • Gross Income $48,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Lot Details

0

Listing Details

  • Municipality: East Allegheny
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 25x68
  • Subdivision Name: Historic Deuchtown
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Exterior Features

  • Roof: Other
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 3500.0

Condo/Co-op/Association

  • Community Features: Public Transportation

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: 48780.0
  • Insurance Expense: 1500.0

Tax Info

  • Tax Annual Amount: 3100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 7, 2024
Sold by
Lockwood Mgmt L L C
Bought by
Light Debra Trust and Light Debra Living Trust
Seller's Agent
Alex Deacon
DEACON & HOOVER REAL ESTATE ADVISORS LLC
Buyer's Agent
Caroline Barrett Douglass
REALTY ONE GROUP PLATINUM
List Price
$600,000
Sold Price
$542,500
Premium/Discount to List
-$57,500
-9.58%
Views
25
Current Estimated Value
$516,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,988
Avg. Annual Appreciation
-3.09%

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 23, 2024
Sold by
Lockwood Management Llc
Bought by
Debra Light Living Trust
Seller's Agent
Alex Deacon
DEACON & HOOVER REAL ESTATE ADVISORS LLC
Buyer's Agent
Caroline Barrett Douglass
REALTY ONE GROUP PLATINUM
List Price
$600,000
Sold Price
$542,500
Premium/Discount to List
-$57,500
-9.58%
Views
25

Purchase Details

Listed on
Sep 29, 2014
Closed on
Aug 7, 2015
Sold by
October Develop & Construction
Bought by
Lockwood Management Llc
Seller's Agent
Karl Owens
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Karl Owens
HOWARD HANNA REAL ESTATE SERVICES
List Price
$499,000
Sold Price
$379,000
Premium/Discount to List
-$120,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$303,200
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2015
Sold by
Deutschtown Residential Reviva
Bought by
October Develop And Const Comp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Gallagher Michael
Bought by
Revival Deutschtown Res

Purchase Details

Closed on
Oct 30, 2006
Sold by
Robbibaro Rudolfo A
Bought by
Gallagher Michael
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
Light Debra Trust $542,500 --
Debra Light Living Trust $542,500 --
Lockwood Management Llc $379,000 --
October Develop And Const Comp $1,279 --
Revival Deutschtown Res $30,000 --
Gallagher Michael $39,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockwood Management Llc $303,200
Previous Owner October Develop And Const Comp $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $542,500 -9.6% --
06/27/2024 06/27/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $600,000 0.0% --
05/29/2024 05/29/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $600,000 +58.3% --
08/07/2015 08/07/15 Sold $379,000 -24.0% --
06/05/2015 06/05/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $499,000 -- --
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 $2,680 $116,300 $37,100 $79,200
2024 $2,680 $116,300 $37,100 $79,200
2023 $2,680 $116,300 $37,100 $79,200
2022 $2,645 $116,300 $37,100 $79,200
2021 $2,645 $116,300 $37,100 $79,200
2020 $2,632 $116,300 $37,100 $79,200
2019 $2,632 $116,300 $37,100 $79,200
2018 $2,111 $116,300 $37,100 $79,200
2017 $2,632 $116,300 $37,100 $79,200
2016 $550 $116,300 $37,100 $79,200
2015 $550 $116,300 $37,100 $79,200
2014 $2,574 $116,300 $37,100 $79,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Deacon

    Seller's Agent in 2024

    Alex Deacon

    DEACON & HOOVER REAL ESTATE ADVISORS LLC

    (412) 613-4435

    1 in this area

    163 Total Sales

    Alex Deacon
    Section Image
  • Caroline Barrett Douglass

    Buyer's Agent in 2024

    Caroline Barrett Douglass

    REALTY ONE GROUP PLATINUM

    (412) 628-2225

    1 in this area

    51 Total Sales

    Caroline Barrett Douglass
    Section Image
  • Karl Owens

    Seller's Agent in 2015

    Karl Owens

    Howard Hanna

    (412) 231-0993

    5 in this area

    63 Total Sales

    Karl Owens
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1652682

West Penn Multi-List

APN: 0023-S-00067-0000-00

Pennsylvania Allegheny County Pittsburgh 15212 Deutschtown

505 Avery St, Pittsburgh, PA

This home is located at 505 Avery St, Pittsburgh, PA 15212 since 08 May 2024 and is currently estimated at $516,512. 505 Avery St is a home located in Allegheny County with nearby schools including Pittsburgh King K-8, Pittsburgh Perry High School, and Urban Pathways K-5 College Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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