NOT LISTED FOR SALE

5847 Nicholson St Pittsburgh, PA 15217

Squirrel Hill South Neighborhood

Estimated Value: $416,000 - $545,000

3 Beds
3 Baths
2,631 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $390,000 $148 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,147/month

83 Days on Market

About This Home

As of December 2021

Three-unit turnkey investment opportunity in the heart of Squirrel Hill! Great location with easy access to Oakland, Downtown, I-376 and more! This fully rented triplex has a large covered front porch and a small backyard. The first and third units have a living room, one bedroom, one full bath and a spacious kitchen. The second unit has one living room, two bedrooms, one full bath, a large kitchen and an additional room for all-purpose use (it can be an office or sunroom). The laundry area is in the basement along with plenty of storage space. Tenants pay electricity and will share the water bill starting from May 2022.

Last Agent to Sell the Property

Vicky Lung

COLDWELL BANKER REALTY Listed on: 09/08/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Blair Cohen

RE/MAX REALTY BROKERS

RE/MAX REALTY BROKERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,412

Year Built

  • Built in 1916

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Triplex

Basement

  • Laundry in Basement

Community Details

Building Details

  • Insurance Expense $1,551
  • Gross Income $32,100

Additional Features

  • 3 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,412

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Municipality: Squirrel Hill
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 33x102x32x104 ML
  • Directions: Murray Ave to Nicholson St.
  • Year Built: 1916
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Laundry Features: In Basement
  • Annual Utilities Expense: 3707.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: RM-M
  • Zoning Description: RM-M
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 32100.0
  • Insurance Expense: 1551.0

Tax Info

  • Tax Annual Amount: 5412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 15, 2021
Sold by
Lin Feng
Bought by
5847 Nicholson Llc
Seller's Agent
Vicky Lung
COLDWELL BANKER REALTY
Buyer's Agent
Blair Cohen
RE/MAX REALTY BROKERS
List Price
$412,900
Sold Price
$390,000
Premium/Discount to List
-$22,900
-5.55%
Total Days on Market
83
Current Estimated Value
$479,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,207
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
May 27, 2015
Closed on
Dec 22, 2015
Sold by
Lu Shicheng
Bought by
Lin Feng
Seller's Agent
Yan Haust
COLDWELL BANKER REALTY
Buyer's Agent
Vicky Lung
COLDWELL BANKER REALTY
List Price
$350,900
Sold Price
$300,000
Premium/Discount to List
-$50,900
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$225,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
Oct 15, 2013
Sold by
Thor Joseph J
Bought by
Lu Shicheng
Seller's Agent
Gail Murman
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$315,000
Sold Price
$250,000
Premium/Discount to List
-$65,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Mar 22, 1995
Sold by
Thor Walter and Thor Marcella
Bought by
Thor Joseph J and Thor Janice L
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
5847 Nicholson Llc $390,000 --
Lin Feng $300,000 None Available
Lu Shicheng $250,000 --
Thor Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Feng $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $390,000 -5.5% $148 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $412,900 +37.6% $157 / Sq Ft
01/04/2016 01/04/16 Sold $300,000 -14.5% $114 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $350,900 +40.4% $133 / Sq Ft
10/25/2013 10/25/13 Sold $250,000 -20.6% $95 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $315,000 -- $120 / 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
2024 $5,484 $238,000 $76,500 $161,500
2023 $5,484 $238,000 $76,500 $161,500
2022 $5,412 $238,000 $76,500 $161,500
2021 $5,412 $238,000 $76,500 $161,500
2020 $5,386 $238,000 $76,500 $161,500
2019 $5,386 $238,000 $76,500 $161,500
2018 $4,320 $238,000 $76,500 $161,500
2017 $5,386 $238,000 $76,500 $161,500
2016 $1,126 $238,000 $76,500 $161,500
2015 $1,126 $181,000 $76,500 $104,500
2014 $4,006 $181,000 $76,500 $104,500
Source: Public Records

Agents Affiliated with this Home

  • Vicky Lung

    Seller's Agent in 2021

    Vicky Lung

    COLDWELL BANKER REALTY

    (412) 607-3320

    3 in this area

    55 Total Sales

    Vicky Lung
    Section Image
  • Blair Cohen

    Buyer's Agent in 2021

    Blair Cohen

    RE/MAX

    (412) 607-2999

    4 in this area

    68 Total Sales

    Blair Cohen
    Section Image

  • Y

    Seller's Agent in 2016

    Yan Haust

    COLDWELL BANKER REALTY

    (412) 708-1321

    8 Total Sales

    Yan Haust
    Section Image

  • G

    Seller's Agent in 2013

    Gail Murman

    BHHS Preferred Realty

    (412) 901-4895

    1 in this area

    5 Total Sales

    Gail Murman
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1520981

West Penn Multi-List

APN: 0087-C-00176-0000-00

Pennsylvania Allegheny County Pittsburgh 15217 Squirrel Hill South

5847 Nicholson St, Pittsburgh, PA

This home is located at 5847 Nicholson St, Pittsburgh, PA 15217 since 08 September 2021 and is currently estimated at $479,207, approximately $182 per square foot. This property was built in 1916. 5847 Nicholson St is a home located in Allegheny County with nearby schools including Colfax K-8, Pittsburgh Allderdice High School, and Hillel Academy Pittsburgh.

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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