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BuyingHere: Hazelwood
Saturday, July 12, 2008

Living close to Downtown has its obvious benefits, the biggest of which is a short commute to work. But what if your city soul also yearns for the peace and quiet of the country?

This three-bedroom, two-bath home at 602 Frayne St. in Hazelwood(MLS No. 725066) can satisfy both needs. It's priced at $198,000 by Fran Pons of Northwood Realty (www.northwood.com; 412-242-4100, ext. 148). An open house will be held July 27 from 1 to 3 p.m.

Situated on a quiet side street not far from Calvary Cemetery, the woodframe house was built around 1850, making it much older than its neighbors, and sits on 1.8 acres accessed by a long, private drive. Known as the King estate, it has a cellar with a door to a tunnel into the hillside from which a previous owner mined his own coal.

While the house has been expanded over the years, it still has high ceilings and large rooms, some new. The biggest is the second-floor master bedroom, at 25 by 19 feet, followed by the 21-by-16-foot living room, 20-by-15-foot family room and 16-by-15-foot dining room. The 20-year-old family room opens onto a deck overlooking a flat back yard. Modern updates include a first-floor laundry, a full bath on the first floor and an eat-in kitchen.

Other features include a full attic for storage, security system, unfinished basement and enough off-street parking for five or six cars. Need even more space? The current owner has six adjacent lots totaling about 1 acre for sale, too.

The property, which has had just three owners in the past 150 years, was last sold in 1957 for $10,000. Its 2007 assessed market value is $54,800 (www2.county.allegheny.pa.us). In the past four years, 11 properties have changed hands on Frayne Street, ranging in price from $13,000 in March 2008 to $124,900 in March 2007 (www.realstats.net).

Greenfield (www.city.pittsburgh.pa.us/district5) is part of Pittsburgh Public Schools (www.pps.k12.pa.us.).

SALES SNAPSHOT


12TH WARD/LARIMER-LINCOLN

2007 2008
SALES 90 89
MEDIAN PRICE $10,500 $10,000
HIGHEST PRICE $175,000 $121,440


13TH WARD/HOMEWOOD

2007 2008
SALES 110 108
MEDIAN PRICE $10,000 $8,000
HIGHEST PRICE $140,000 $110,000


14TH WARD/SQUIRREL HILL

2007 2008
SALES 559 583
MEDIAN PRICE $220,000 $245,000
HIGHEST PRICE $1,485,270 $1,800,000


15TH WARD/GREENFIELD

2007 2008
SAL 274 242
MEDIAN PRICE $63,000 $60,000
HIGHEST PRICE $325,000 $325,000


BRADDOCK

2007 2008
SALES 43 43
MEDIAN PRICE $13,200 $14,000
HIGHEST PRICE $100,000 $94,355


BRADDOCK HILLS

2007 2008
SALES 31 16
MEDIAN PRICE $70,000 $64,000
HIGHEST PRICE $143,000 $97,500


EAST PITTSBURGH

2007 2008
SALES 45 34
MEDIAN PRICE $18,000 $20,000
HIGHEST PRICE $93,750 $122,985


EDGEWOOD

2007 2008
SALES 76 73
MEDIAN PRICE $145,000 $151,000
HIGHEST PRICE $425,000 $448,850


NORTH BRADDOCK

2007 2008
SALES 109 94
MEDIAN PRICE $15,000 $14,000
HIGHEST PRICE $107,000 $100,700


RANKIN

2007 2008
SALES 22 27
MEDIAN PRICE $16,500 $14,500
HIGHEST PRICE $105,500 $106,000


SWISSVALE

2007 2008
SALES 219 180
MEDIAN PRICE $62,500 $54,500
HIGHEST PRICE $322,000 $280,000




Correction/Clarification: (Published July 17, 2008) This Buying Here feature as originally published July 13, 2008 incorrectly identified the city neighborhood for 602 Frayne St. The house is in Hazelwood.
First published on July 12, 2008 at 12:00 am
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