NOT LISTED FOR SALE

Estimated Value: $178,000 - $206,000

6 Beds
3 Baths
2,872 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $185,000 $64 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,197/month

48 Days on Market

About This Home

As of May 2024

Turn-key triplex available now!! This investment opportunity is situated conveniently in East Pittsburgh. 511 Main St is a fully updated Triplex that promises immediate cash flow for investors of all strategies. Each of the three units boast similar layouts, comprising a living room, kitchen, two bedrooms and full bath. Unit 2 stands out with its balcony, while Unit 3 offers an enclosed rear porch. Recent upgrades, including a rolled roof, electrical service, flooring, countertops, baths, plumbing lines and more, ensure comfort and appeal to be rented immediately. Additional income potential comes from the detached garage. The property is equipped with fully separate utilities. Notably, Unit 2 heat source is baseboard heat. With its great-sized units, this property presents an ideal opportunity for investors looking to expand their portfolios. Property has been pre inspected and report is available upon request.

Last Agent to Sell the Property

Jacob Rady

LIFESPACE REAL ESTATE License #RS333342 Listed on: 03/14/2024

Last Buyer's Agent

Diane McConaghy

RE/MAX SELECT REALTY License #AB068398

RE/MAX SELECT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1940

Lot Details

  • 2,975

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,975 Sq Ft Lot

Community Details

  • 3 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,494

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: E Pittsburgh
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0683
  • Lot Size: 0.0683
  • Garage Yn: Yes
  • Year Built: 1940
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Woodland Hills

Lot Info

  • Zoning: Res
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2494.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 8, 2024
Sold by
Balme Maria
Bought by
Savage Joshua
Seller's Agent
Jacob Rady
LIFESPACE REAL ESTATE
Buyer's Agent
Diane McConaghy
RE/MAX SELECT REALTY
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
36
Current Estimated Value
$189,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,440
Avg. Annual Appreciation
1.60%
Original Mortgage
$138,750
Outstanding Balance
$136,771
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$52,669

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 26, 2024
Sold by
Balme Maria
Bought by
Savage Joshua
Seller's Agent
Jacob Rady
LIFESPACE REAL ESTATE
Buyer's Agent
Diane McConaghy
RE/MAX SELECT REALTY
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$136,771
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$52,669

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 10, 2022
Sold by
J M T Invests L L C
Bought by
Balme Maria
Seller's Agent
Ryan Shedlock
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Elise Bickel Tauber
BRIDGE HOME REALTY
List Price
$119,000
Sold Price
$130,000
Premium/Discount to List
$11,000
9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.65%

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 8, 2022
Sold by
Jmt Investments Llc
Bought by
Balme Maria
Seller's Agent
Ryan Shedlock
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Elise Bickel Tauber
BRIDGE HOME REALTY
List Price
$119,000
Sold Price
$130,000
Premium/Discount to List
$11,000
9.24%

Purchase Details

Closed on
May 4, 2021
Sold by
Beam Duane L and Beam Sally Jo
Bought by
Jmt Investments Llc

Purchase Details

Closed on
Oct 13, 1992
Bought by
Beam Duane L and Sally Jo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Savage Joshua $185,000 --
Savage Joshua $185,000 --
Balme Maria $130,000 --
Balme Maria $130,000 --
Maria Balme $130,000 --
Jmt Investments Llc $15,750 --
J M T Invests L L C $15,750 Attorney
Beam Duane L $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Joshua $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Sold $185,000 -7.5% $64 / Sq Ft
03/14/2024 03/14/24 For Sale $200,000 +53.8% $70 / Sq Ft
07/15/2022 07/15/22 Sold $130,000 +9.2% $45 / Sq Ft View Prior Sale
06/16/2022 06/16/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $119,000 -- $41 / 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 $2,466 $55,200 $3,200 $52,000
2024 $2,466 $55,200 $3,200 $52,000
2023 $2,494 $55,200 $3,200 $52,000
2022 $2,494 $55,200 $3,200 $52,000
2021 $2,270 $55,200 $3,200 $52,000
2020 $2,445 $55,200 $3,200 $52,000
2019 $2,403 $55,200 $3,200 $52,000
2018 $261 $55,200 $3,200 $52,000
2017 $2,403 $55,200 $3,200 $52,000
2016 $261 $55,200 $3,200 $52,000
2015 $261 $55,200 $3,200 $52,000
2014 $2,251 $55,200 $3,200 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: West Penn Multi-List

MLS Number: 1644850

West Penn Multi-List

APN: 0375-P-00145-0000-00