NOT LISTED FOR SALE

5617 Forbes Ave Pittsburgh, PA 15217

Squirrel Hill North Neighborhood

Estimated Value: $458,737 - $623,000

4 Beds
4 Baths
2,511 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $367,000 $146 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,180/month

10 Days on Market

About This Home

As of September 2020

FOUR UNIT VICTORIAN LOCATED IN THE HEART OF SQUIRREL HILL. WALKING DISTANCE TO SHOPS, RESTAURANTS, PUBLIC TRANSPORTATION, AND MUCH MORE. GREAT RENTAL HISTORY! FIRST FLOOR IS A 1 BEDROOM AND RENTS FOR $890. THE SECOND FLOOR HAS TWO STUDIO APARTMENTS RENTING FOR $650 AND $685. THE TOP FLOOR HAS A ONE BEDROOM THAT RENTS FOR $710. ALL UNITS PAY UTILITIES.

Last Agent to Sell the Property

Jennie Pelled

WPML Inactive User File Listed on: 06/26/2020

Last Buyer's Agent

Jennie Pelled

WPML Inactive User File Listed on: 06/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,920

Lot Details

  • 4,530

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 86-F-278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,920

Lot Details

0

Listing Details

  • Area Description Sort: Squirrel Hill
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 86-F-278
  • Property Type: Multi-Unit
  • Ratio Close Price By List Price: 0.74141
  • Ratio Close Price By Original Li: 0.74141
  • Type Of Property: Fourplex
  • Years Old: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Description: Off-Street Parking

Utilities

  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: Pittsburgh

Lot Info

  • Lot Size: 42x108
  • Zoning: RM-M

Multi Family

  • Gross Annual Income: 37440
  • Unit Count: 4

Tax Info

  • Taxes: 4920

MLS Schools

  • School District: Pittsburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 4, 2020
Sold by
Planirrs Capital L L C
Bought by
5617-5621 4134-4135 L L C
Seller's Agent
Jennie Pelled
WPML Inactive User File
Buyer's Agent
Jennie Pelled
WPML Inactive User File
List Price
$495,000
Sold Price
$367,000
Premium/Discount to List
-$128,000
-25.86%
Current Estimated Value
$507,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,684
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,060,000
Outstanding Balance
$942,813
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$435,129

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 2, 2020
Sold by
Speer Jerry Y and Hausler Nathan
Bought by
5617-5621 4134-4135 L L C
Seller's Agent
Jennie Pelled
WPML Inactive User File
Buyer's Agent
Jennie Pelled
WPML Inactive User File
List Price
$495,000
Sold Price
$367,000
Premium/Discount to List
-$128,000
-25.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$942,813
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$435,129

Purchase Details

Closed on
Mar 25, 1999
Sold by
Morgenstern Sigrid J
Bought by
Regent Associates

Purchase Details

Closed on
Jan 1, 1900
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
5617-5621 4134-4135 L L C $620,400 Ally Settlement Co
5617-5621 4134-4135 L L C $376,000 Ally Settlement Co
Regent Associates $114,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5617-5621 4134-4135 L L C $1,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $367,000 -25.9% $146 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $495,000 -- $197 / 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 $4,954 $215,000 $75,000 $140,000
2024 $4,954 $215,000 $75,000 $140,000
2023 $4,954 $215,000 $75,000 $140,000
2022 $4,889 $215,000 $75,000 $140,000
2021 $4,943 $215,000 $75,000 $140,000
2020 $4,865 $215,000 $75,000 $140,000
2019 $4,865 $215,000 $75,000 $140,000
2018 $3,902 $215,000 $75,000 $140,000
2017 $4,865 $215,000 $75,000 $140,000
2016 $1,017 $215,000 $75,000 $140,000
2015 $1,017 $215,000 $75,000 $140,000
2014 $4,758 $215,000 $75,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennie Pelled

    WPML Inactive User File

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Map

Source: West Penn Multi-List

MLS Number: 1453551

West Penn Multi-List

APN: 0086-F-00278-0000-00

Pennsylvania Allegheny County Pittsburgh 15217 Squirrel Hill North

5617 Forbes Ave, Pittsburgh, PA

This home is located at 5617 Forbes Ave, Pittsburgh, PA 15217 since 26 June 2020 and is currently estimated at $507,684, approximately $202 per square foot. 5617 Forbes Ave is a home located in Allegheny County with nearby schools including Colfax K-8, Pittsburgh Allderdice High School, and St. Edmund's Academy.

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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