This house wins for most bedrooms of all current listings in Allegheny County. It’s listed as a 12 bedroom, 6 full bathroom, 4 half bath and has 23,247 square feet! It’s for sale for $3.5 million right now.
It’s on 6.8 acres in Pine Township and it’s actually two separate buildings connected by an underground tunnel and a bridge.
I’m pretty surprised that this house is only $3.5 million. I wonder how much the construction was. This house went contingent once and then came back on the market. I’ll be curious to see what the final sale price is once it sells. What do you think?
I haven’t posted here in a long time! I have about 5 posts started and none finished. Our home renovations are on hold for the moment so nothing new to report there. Real estate transactions are starting to pick up since the holidays are over. I’m seeing a lot of new listings coming onto the market.
Since I don’t feel like finishing any of the informative posts that I start and then ignore, I thought it would be fun to see the most expensive real estate currently on the market in Allegheny County. Here are the top 20 most expensive listings active right now:
What does $7 million dollars buy you in Pittsburgh?? 550 Market Street. Downtown Pittsburgh. 11,000 square feet! That’s my house x 5. 5 bedrooms, 6 full bathrooms + 2 half baths. Annual real estate taxes are $167,668! No big deal. If you’d like to buy this house, I am a real estate agent :):) I’ll help you then be done working for the year.
And here’s the kitchen which I’m not really into. What do you think??
Maybe I’ll continue on with another one of these houses for the next post. I want to check out that 12 bedroom in Pine Twp. Then I should do cheapest listing in Pittsburgh 🙂
Have you ever heard of Park Place? We live there now! Usually when people ask me where we live, I say Point Breeze and then they often ask, where in Point Breeze? I tell them and then they say something like, “is that part of Point Breeze?” with a mildly skeptical expression. Yes it is! However, it’s also considered its own neighborhood — Park Place. The city portion is considered part of Point Breeze and there are also a few streets into Wilkinsburg.
We have a Park Place Neighborhood Association and a Facebook page!
Some great things about Park Place:
Proximity to Frick Park: Frick Park is Pittsburgh’s largest historic regional park with 644 acres. We can walk to the Frick Park trails from Park Place. During the summer, my family walked/biked to the Frick for their Summer Fridays concerts.
Forbes & Braddock Playground: There’s a great playground, pavilion, tennis courts, baseball field and access to the Frick Park trails.
We have schools! Shady Side Academy Junior School and the Environmental Charter School Primary School are both located in Park Place. The Environmental Charter School building was actually the Park Place School from 1903- 1979 and the building is listed in the National Register of Historic Places.
Proximity to Regent Square Businesses: We can walk or bike to D’s, Square Cafe, 61B and all the other great businesses in Regent Square.
It’s Flat! Another great thing about Park Place that I didn’t even really consider until we moved here is that it is so flat. We have been biking more than ever before because there are no hills. Taking walks or bike rides is much more enjoyable without all the hill climbing typical for Pittsburgh.
“Walkability is a really big thing,” he said in the report. “They want to be able to walk to neighborhood coffee shops and bakeries … Health and wellness is a priority for them, so they like to be close to fitness facilities and yoga studios.”
He continued: “Location has always been a factor in real estate, but what’s changed is the definition of what is a good location. It used to be that the prestigious neighborhoods were gated and secluded, often outside of town. Millennial buyers want to be close to the action.”
Up and Coming Business District: There is small street of commercial property and store fronts on the border of Park Place and Wilkinsburg on S. Trenton Avenue. We took a walk down this street recently to check it out. There are a few vacant store fronts and not a lot happening at the moment but there is a great, little bike store, Fern Hollow Bicycles. I took my bike there when I was trying to mount a child bike seat to the back and the owner was very helpful. I’m really hoping some other new businesses find this street and revive it.
Families are Moving In: We experienced this at our Mt. Lebanon house and our house in Forest Hills. When we first bought, there were a lot of folks on the streets who had owned the houses for 30+ years. Over the time that we lived there, we saw many of these people selling and young families moving in. Seeing kids playing outside and with neighbor kids is good for everyone and I see it happening here too.
Unique Architecture: I posted about our house before. Our house style is one of many, many different styles found in Park Place. Here’s a before and after (in progress) for you of our house.
Real Estate Value: A lot of the neighborhoods in the area have gotten really expensive. In comparison to Highland Park or the main part of Point Breeze, Park Place offers a good value while still being a great location. Speaking of which, our neighbor’s house is for sale. And just in case you are not aware of this, I am a real estate agent. Just saying. 🙂 Get in before the prices go up!!
We’ve had a crazy few weeks here! We moved. And we have 3 kids and the house that we bought needs a lot of work, so it’s been a bit crazy. But we have a new listing that just went up earlier this week.
This house is a great price for the location. It’s in Swissvale but walkable to Regent Square and Frick Park. It has 3 bedrooms and 1 and a half bathrooms. Two of the bedrooms have walk in closets! It actually has more storage and closet space than the house that we just bought and our house is almost twice as big (as I sit here typing this surrounded by boxes and no place to put them…)
We’re doing an open house this Saturday (8/17/19), 11AM to 1PM if you’d like to check it out. It’s a really great, move in ready house!
New listing in Regent Square! 1311 Lancaster Ave. The location is amazing! You’re practically living within Frick Park and also very close to the Regent Square business district. It’s a very functional house. There aren’t any scary elements. You can basically just buy it, move in and not worry about it.
Wonderful community with very active and friendly neighbors. I love it for the walkability. It has 3 bedrooms on the second floor plus a large 3rd floor bedroom or bonus room. Solid surface kitchen countertops, double vanity in the full bath and 2 car detached garage.
We’re holding an open house this coming Saturday, June 15 from 1-3 so come and check it out!!
We’ve been busy over here. For the last few months, we’ve been looking for a house that is closer to Sam’s (and soon to be Tucker’s) school and to our friends. That area of Pittsburgh is pretty expensive and in demand right now so we’ve mostly been looking at fixer uppers.
A few weeks ago, we looked at a house that is a five minute walk from Sam’s school. It was tenant occupied and a complete disaster. It’s a little over 2100 square feet but only 3 bedrooms and 1.5 bathrooms. The layout is terrible and there is a ton of wasted space. It needs SO MUCH work. But…we made a low offer, they countered, we countered, they countered, we said no, they said no. We thought it was over but then a couple of days later, they came back and accepted our offer! So we’re closing July 10th, hoping that the tenants are out of there by then and hoping to have our current house at least under contract by then.
We listed our house (<—link to the listing) on Tuesday but didn’t allow any showings until the open house on Sunday. We mainly did this because we have 3 kids and we could get the majority of the showings out of the way that day. The open house went great! We had about 20 groups come through in the 3 hours. We’ve also had 5 showings since then (it’s Wednesday). I’m hopeful we’ll get an offer soon.
We only bought this house a year ago and did a lot of work to it so I thought it would be fun to post the before and after pics. Here we go:
We really liked this house and will miss certain things about it. But we’re really looking forward to being able to walk to school and to Frick Park!
I just listed this house today in East Liberty. It’s only a couple of blocks from Whole Foods, Bakery Square and Highland Park! It’s currently set up as a single family home but it’s zoned 2 family so it could easily be made into a two unit.
I really love the farmhouse style of this house and it would have great curb appeal after being painted.
We listed a new house about a week ago and I just added it to the Current Listings page. It’s an end unit townhouse in East Liberty. It’s really an amazing location. Walkable to everything in East Liberty. It’s been completely gutted so it’s ready for a renovation to begin immediately.
Here’s a map to show you the location. Just a few blocks from Highland Park.
I haven’t had a lot of time to write on here but I’m hoping to write more soon. I’m interested to learn more about renovation loans and post on here. I didn’t realize it was really a viable option until recently. Also, I told Aaron that I’d like to become a real estate attorney. lol. That’s a long term goal.
First off, this is not my listing, I just love this house. It’s AMAZING! I would like to buy it but Aaron said, “you don’t want to live in Oakmont.” Whatever AARON. I’m willing to run an Air BNB to make this happen.
It’s walkable to a trail, library, restaurants and more.
Plus, I really want a house that has a separate apartment included. This one has a full separate mother-in-law suite with its own address. The apartment is two stories and 3 bedrooms, 1 bath. I really want to go see it.
I’m just posting it here because I think it’s a really unique house in Pittsburgh. It’s 6,000+ square feet on half an acre in Oakmont. It would be a great Bed and Breakfast. Here’s a link to the listing.
Here’s the real estate tax calculation. It’s assessed for $399,600. The millage in Oakmont is 31.4673.
$399,600 x .0314673 = $12,574 eeeek
Alright, I’ll just be over here calculating mortgage payments and possible rental income on the in-law suite. 🙂
I’ve started two blog posts about different types of mortgages but there is just so much information to include, it’s been hard for me to complete. Still working on it!
In the meantime, I thought I’d talk a little bit about the area of Pittsburgh known as Regent Square. This little area East of Frick Park is a very hot real estate market. It has a business district, its walkable, it has Frick Park. I love it (and would love to move there 🙂 ) But Regent square is also a unique area of Pittsburgh because it is not its own municipality.
The area outlined in orange on the map below is Regent Square according to Google.
Regent Square is made up of parts of Swissvale, Wilkinsburg and the City of Pittsburgh. This means that depending on where you live in Regent Square, your real estate taxes (and income tax) could vary wildly. The school district also varies depending on the part of Regent Square.
In terms of real estate taxes, the total millage for the 3 municipalities that make up Regent Square are:
City of Pittsburgh: 22.63
As an example, if you were buying a house for $250,000, here is what your total annual real estate taxes would be in each of these areas:
City of Pittsburgh: $5,657
These are big differences! This difference in real estate tax greatly affects the value of real estate here. In my experience, a house in the city of Pittsburgh portion of Regent Square will be worth more than a similar house in the Wilkinsburg or Swissvale portion. The real estate taxes make a big difference in what people can afford. Your mortgage payment would be significantly different depending on the area.
In the city of Pittsburgh, you would be paying $471 per month toward the real estate tax portion of your mortgage payment. If you were in Wilkinsburg, the real estate tax portion of your mortgage payment would be $1,004.
Just to be a little more clear, if you took out a mortgage for $250,000, here is an estimate of what your mortgage payment would be. (Principal+Interest+Taxes) (Using an estimated interest rate of 4.25% and not including home owner’s insurance)
City of Pittsburgh: $1,701/month
And just a quick note about schools: Wilkinsburg is Wilkinsburg School Disctrict, Swissvale is Woodland Hills School District and the City of Pittsburgh portion is Pittsburgh Public Schools.
You can check the municipality of a particular house on the Allegheny County Assessment Site. (I bring up that website on pretty much every post…but it’s really full of useful information). Search for the address and then on the General Information tab, it will list the municipality. The one below is 14th Ward – Pittsburgh.
Hope that is helpful to you! I think it’s pretty interesting information. I also recently found out about an area of Pittsburgh near Regent Square that is called Park Place?! Who knew??