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Real estate deals of the week


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Saturday, Nov. 16, 2013, 9:00 p.m.
 

DEALS OF THE WEEK

A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:

$9.98 million

Property sold: 660 Warrendale Road, Pine

Sellers: PNC Bank and J. Murray Egan, trustee of Edith L. Trees

Buyer: St. Barnabas Land Trust Inc., Gibsonia

Details: Acquired the Trees Manor and other structures along with 245.7 acres.

Comment: “No decision has been made on the property, although Trees Manor could be used for meetings and special events. But no decision on 206 acres although St. Barnabas plans expansion there,” said Robin Taylor, spokeswoman for St. Barnabas.

$1.5 million

Property sold: 1234 Long Run Road, White Oak

Seller: Thomas Land Co. Inc.

Buyer: Tri Star Capital Inc., Blairsville

Details: A 3.16-acre site, used for a car dealership by the previous occupant, Jim Shorkey's Kia, now on Route 30 in North Huntingdon Township.

Comment: “Our plan is to be increasing employees. The body shop there is a lot larger than what we have now (in McKeesport). We will have a sales facility, and we will be putting in a quick-lane facility for quick kinds of services such as oil changes, tires, batteries, and a regular facility for all warranty needs,” said Jack Bartko, Tri-Star Auto Group vice president.

$650,000

Properties sold: 4619 Butler St., 3635-37 Butler and 190 47th St., Lawrenceville

Seller: Good Realty LLP, Pittsburgh

Buyer: Abbatia Holdings, Pittsburgh

Details: Acquired a former funeral building along with four-unit house.

Comment: “The new owners are still formulating their plans for the properties,” said Dustin Nulf, Keller Williams Realty, who handled the sale.

TOP DOLLAR HOMES

Recent home and condominium sales that brought top prices in Western Pennsylvania:

$560,000

Property: Mt. Lebanon

Sellers: Matt and Kristen Moritz

Buyers: Alvaro Cadahia and wife, Erin Frankel

Details: Three-story brick and stucco Tudor with new kitchen, new baths, new trim and finishes, huge backyard, two-car detached garage.

Comment: “The buyers came to Mt. Lebanon late August after living in Spain. Now employed in Pittsburgh, their housing criteria included excellent schools, walking access to shops and restaurants, house with hardwood floors, working fireplace and yard to accommodate their Labrador retriever and the family of five,” said Julie P. Leslie, selling agent with Coldwell Banker Real Estate.

$530,000

Property: Cranberry

Seller: John Clarke

Buyers: Stephanie Hunter and Eric Schoeble

Details: Two-story Colonial on a cul-de-sac street, with large eat-in kitchen with granite island, two-story family room with floor-to-ceiling fireplace, upper balcony, master suite and walk-in closet, full bath on lower level, wet bar, fitness room/craft room, movie area, flat backyard.

Comment: “Buyers liked the beautifully maintained home, the master room, recently updated bathrooms and kitchen, the great floor plan, the two-story family room, and basement with built-in bar and TV,” said Maureen Fullerton, Howard Hanna Real Estate.

$525,000

Property: Mt. Lebanon

Seller: Andreas Lotze

Buyers: Jason J. DeCarlo and Katherine Stewart

Details: Three-story brick Colonial in Jefferson School neighborhood, hardwood floors on main level, French doors and crown molding, breakfast area in kitchen opens to large deck with retractable awning, first-floor laundry room, Jacuzzi tub, lower level has been used as home office or gameroom.

Comment: “This is a newer home with contemporary features in an established neighborhood with easy access to Jefferson School complex and sports facilities. The buyer made a move from one Mt. Lebanon neighborhood and was attracted by this location, the open spaces within the floor plan, the master suite, finished third floor, laundry room adjacent the kitchen where there are plans to update the kitchen and add an island,” said Julie Leslie, Coldwell Banker Real Estate.

Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or sspatter@tribweb.com.

 

 
 


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