NOT LISTED FOR SALE

5430 Penn Ave Pittsburgh, PA 15206

Bloomfield Neighborhood

Estimated Value: $1,292,148

-- Bed
-- Bath
-- Sq Ft
5,968 Sq Ft Lot

Last Sold June 22, 2018

Last sale price $912,500

Est. 42% increase in value since last sale

Current estimated payment $8,517/month

91 Days on Market

About This Home

As of June 2018

This is an incredible investment opportunity to own a turnkey mixed use property in Friendship Park one of Pittsburgh's most desirable locations. It comes fully occupied with a strong tenant base with the popular Spork restaurant and 5 good-sized residential apartments. Close to shopping, restaurants and galleries. Also, the property is located within minutes of both West Penn and Children's Hospitals as well as both the University of Pittsburgh and Carnegie Mellon.

Last Agent to Sell the Property

Uche Onwugbenu

KELLER WILLIAMS EXCLUSIVE Listed on: 01/11/2018

KELLER WILLIAMS EXCLUSIVE

Last Buyer's Agent

Uche Onwugbenu

KELLER WILLIAMS EXCLUSIVE Listed on: 01/11/2018

KELLER WILLIAMS EXCLUSIVE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,097

Lot Details

  • 5,968

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Home Design

  • Quadruplex

Community Details

  • 6 Units
  • Other Expense $2,055

Listing and Financial Details

  • Assessor Parcel Number 0050-S-00262-0000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,097

Lot Details

0

Parking

5

Listing Details

  • Insurance: 1864
  • Area Description Sort: Friendship Park
  • Basement Description: Full
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 0050-S-00262-0000-00
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.76042
  • Ratio Close Price By Original Li: 0.76042
  • School Transportation: Yes
  • Type Of Property: Fourplex
  • Vacancy Percentage: 3
  • Years Old: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Insulation: Yes

Garage/Parking

  • Parking Description: Off-Street Parking
  • Parking Spaces: 5

Utilities

  • Utilities: 660
  • Utilities Available: Electricity, Gas, Sewer, Water

Condo/Co-op/Association

  • Maintenance: 5000

Schools

  • School District: Pittsburgh

Lot Info

  • Lot Size: 5,950SF
  • Zoning: 51C32

Rental Info

  • Other Expenses: 2055

Multi Family

  • Gross Annual Income: 105039
  • Unit Count: 5

Tax Info

  • Taxes: 7097

MLS Schools

  • School District: Pittsburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jun 22, 2018
Sold by
Louis Carter Llc
Bought by
Nrvna Llc
Seller's Agent
Uche Onwugbenu
KELLER WILLIAMS EXCLUSIVE
Buyer's Agent
Uche Onwugbenu
KELLER WILLIAMS EXCLUSIVE
List Price
$1,200,000
Sold Price
$912,500
Premium/Discount to List
-$287,500
-23.96%
Current Estimated Value
$1,292,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,648
Avg. Annual Appreciation
4.93%
Original Mortgage
$740,000
Outstanding Balance
$649,311
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$642,523

Purchase Details

Closed on
Jun 9, 2016
Sold by
E Properties & Development Llc
Bought by
Louis Carter L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2014
Sold by
Friendship Develop Associates
Bought by
E Properties & Develop L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2000
Sold by
Robinson William L and Robinson Jacqueline V
Bought by
Friendship Development Assn Inc

Purchase Details

Closed on
Feb 8, 1997
Sold by
Saus Frank E and Saus Dorothy M
Bought by
Robinson William L and Robinson Jacqueline V
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
Nrvna Llc $912,500 Greater Pittsburgh Stlmnt Co
Louis Carter L L C $279,367 West Hills Closing Svc Llc
E Properties & Develop L L C $331,500 --
Friendship Development Assn Inc $110,000 --
Robinson William L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nrvna Llc $740,000
Previous Owner Louis Carter L L C $688,000
Previous Owner E Properties & Develop L L C $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $912,500 -24.0% --
04/12/2018 04/12/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $1,200,000 -- --
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 $18,374 $797,500 $44,600 $752,900
2024 $18,374 $797,500 $44,600 $752,900
2023 $18,374 $797,500 $44,600 $752,900
2022 $18,135 $797,500 $44,600 $752,900
2021 $18,335 $797,500 $44,600 $752,900
2020 $18,047 $797,500 $44,600 $752,900
2019 $7,020 $797,500 $44,600 $752,900
2018 $5,630 $310,200 $44,600 $265,600
2017 $7,020 $310,200 $44,600 $265,600
2016 $1,212 $256,300 $44,600 $211,700
2015 $1,212 $256,300 $44,600 $211,700
2014 $5,672 $256,300 $44,600 $211,700
Source: Public Records

Agents Affiliated with this Home

  • Uche Onwugbenu

    Seller's Agent in 2018

    Uche Onwugbenu

    KELLER WILLIAMS EXCLUSIVE

    (412) 251-0027

    15 Total Sales

    Uche Onwugbenu
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Map

Source: West Penn Multi-List

MLS Number: 1318114

West Penn Multi-List

APN: 0050-S-00262-0000-00

Pennsylvania Allegheny County Pittsburgh 15206 Bloomfield

5430 Penn Ave, Pittsburgh, PA

This home is located at 5430 Penn Ave, Pittsburgh, PA 15206 since 11 January 2018 and is currently estimated at $1,292,148. 5430 Penn Ave is a home located in Allegheny County with nearby schools including Pittsburgh Arsenal 6-8, Pittsburgh Woolslair K-5, and Pittsburgh Milliones 6-12.

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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