For only $869K, you can live on Mexican War Streets

[mlvnsmly]

That's part of it but you also have a high HOA. A lot of these people would be better off financially living in the house they bought in the 80s and hiring someone to cut the grass and shovel the snow because there's a huge premium to pay for this type of "downsizing." They are paying to downsize which doesnt seem to make sense.

They're 80s home isn't single floor living and doesn't have access to a pool, gym, tennis court,.pickleball court, aerobic programs, etc. And it's much quieter in that type of community for the keep off my grass crowd. People are willing to pay a premium to increase the quality of the end of their lives. I would too. Not to mention, you're not losing ANY money by buying a house. You die and you heirs sell it for a profit.

 

[joeydavid]

They're 80s home isn't single floor living and doesn't have access to a pool, gym, tennis court,.pickleball court, aerobic programs, etc. And it's much quieter in that type of community for the keep off my grass crowd. People are willing to pay a premium to increase the quality of the end of their lives. I would too. Not to mention, you're not losing ANY money but buying a house. You die and you heirs sell it for a profit.

This is great.

 

[Sean Miller Fan]

Why should the taxpayers from lower tax states have to pay more taxes to subsidize people from higher tax states?

Because the higher tax states are the "richer states" who pay more of the tax burden. California, NY, NJ, etc fund WV, KY, ND, etc. Its basically redistribution of wealth from the rich states to the poor states. Everyone is cool with that but what does that sound like?

 

[Sean Miller Fan]

It’s too early in the morning to argue with you, especially in this thread, in which you have many L’s, but this is an idiotic take.

Is it? You are ok with the state and federal gov taxing you on money you already paid out in taxes? Its not even your money they are taxing you on. Its money you sent to another taxing body.

Using round numbers, lets say you make 100K. The federal effective tax rate for that is 17%. So off the top, you pay Uncle Sam 17K. You keep 83K.

Now PA comes in and wants 3% of the 83K PLUS 3% of the taxes you already paid to Uncle Sam. They are taxing you on taxes paid.

Then your county and school district come in and charge you 10K in taxes based on your home's value. However, Uncle Sam is taxing you $1700 on taxes paid to your county and school district. PA is charging you $300. This isnt your money they are taxing you on. Its money you are legally required to pay another taxing authority and those other entities should have no rights to tax you on it. You shouldn't be able to tax people's taxes and that's what's going on.

 

[Conemaugh]

Because the higher tax states are the "richer states" who pay more of the tax burden. California, NY, NJ, etc fund WV, KY, ND, etc. Its basically redistribution of wealth from the rich states to the poor states. Everyone is cool with that but what does that sound like?

Absurd take my man. The federal government income tax system should not in any way differentiate what state you live in.

 

[Conemaugh]

Is it? You are ok with the state and federal gov taxing you on money you already paid out in taxes? Its not even your money they are taxing you on. Its money you sent to another taxing body.

Using round numbers, lets say you make 100K. The federal effective tax rate for that is 17%. So off the top, you pay Uncle Sam 17K. You keep 83K.

Now PA comes in and wants 3% of the 83K PLUS 3% of the taxes you already paid to Uncle Sam. They are taxing you on taxes paid.

Then your county and school district come in and charge you 10K in taxes based on your home's value. However, Uncle Sam is taxing you $1700 on taxes paid to your county and school district. PA is charging you $300. This isnt your money they are taxing you on. Its money you are legally required to pay another taxing authority and those other entities should have no rights to tax you on it. You shouldn't be able to tax people's taxes and that's what's going on.

Let me give you an example. Some municipalities pick up your garbage with no charge to you as part of your tax burden. Other municipalities do not cover garbage pick up as part of your taxes and you must pay as a homeowner to have your garbage picked up by a service company (or not if you are so inclined).

Why should the the cost of A (garbage pickup as part of your local municipal taxes) be tax deductible while the cost of B (homeowners responsabilty) not be tax deductible?

Now expand upon that to other things. If you live in a municipality that funds a municipal pool, golf course, dog park, etc that is paid for by local taxes, why should that be tax deductible when there is another guy who lives out in a rural area where the township provides none of those things. Can the rural guy deduct the cost of his pool on his taxes? No, of course not.

 

[Dan1911]

I’m shocked Dormont hasn’t blown up/gentrified yet. It’s been about a decade now since we moved so correct me if things have changed, but I’d hop on Zillow and see the same type of houses you’d find in Mt. Lebo for a fraction of the cost. Plus, you’re right along the T and I don’t believe you’re part of the Pgh Public Schools system.

Dormont/Mt Lebo/bethel/castle Shannon are landlocked. I’d never move to a place without easy interstate/expressway access.

 

[Dan1911]

Real income is down from 4yrs ago. Feds have raised rates 11 times under biden. That helps to hide inflation which is still high. Credit card debt at highest since I think 2009. Economy is not in good shape. There's a bubble.

Depending on your estimates the money supply in the last 4-5 years is up 40+ percent or more. Not expecting inflation is/was naive. Econ 101.

 

[Joe the Panther Fan]

Because the higher tax states are the "richer states" who pay more of the tax burden. California, NY, NJ, etc fund WV, KY, ND, etc. Its basically redistribution of wealth from the rich states to the poor states. Everyone is cool with that but what does that sound like?

That's just dumb. States don't pay taxes, people pay taxes.

The federal government needs a lot less stupid "loopholes" like that, not more of them. Your federal tax rate should have nothing at all to do with where you live, whether you own your home or rent it, whether you are single or married, whether you donate to a charity or not, or any of the other things that the federal government gives favored treatment to that are none of the federal government's business.

 

[joeydavid]

Great neighborhood? I posted that because isnt that area by AGH not the best? I know as you move a little further to Manchester it gets bad.

Here's what's in Manchester today.

https://redf.in/O0OYf1

 

[sonofabit]

Now. About the guy across the street in the next county not having to pay for emission inspections………don’t get me going…lol. And $50 for a car registration RENEWAL for your car that is already registered since purchase?

 

[joeydavid]

New listing.

This is a great Northside street in the Mexican War Streets neighborhood.

https://www.redfin.com/PA/Pittsburgh/1234-Monterey-St-15212/home/73524237?utm_source=myredfin&utm_medium=email&utm_campaign=recommendations_update&riftinfo=ZXY9ZW1haWwmbD02MDk2MTE4MCZwPWxpc3RpbmdfdXBkYXRlc19yZWNvbW1lbmRhdGlvbnMmYT1jbGljayZzPXJlY29tbWVuZGF0aW9ucyZ0PXZpZXdfZGV0YWlscyZlbWFpbF9pZD02MDk2MTE4MF8xNzAzMDMwNTg0XzYmbGlscl9zY29yZT0wLjg5MjI0MDM0NTQ3ODA1NzkmbGlzdGluZ19pZD0xODAzODIxNTAmcG9zaXRpb249MCZwcm9wZXJ0eV9pZD03MzUyNDIzNyZ1cGRhdGVfdHlwZT0xJno9MA==

 

[Sean Miller Fan]

New listing.

This is a great Northside street in the Mexican War Streets neighborhood.

https://www.redfin.com/PA/Pittsburgh/1234-Monterey-St-15212/home/73524237?utm_source=myredfin&utm_medium=email&utm_campaign=recommendations_update&riftinfo=ZXY9ZW1haWwmbD02MDk2MTE4MCZwPWxpc3RpbmdfdXBkYXRlc19yZWNvbW1lbmRhdGlvbnMmYT1jbGljayZzPXJlY29tbWVuZGF0aW9ucyZ0PXZpZXdfZGV0YWlscyZlbWFpbF9pZD02MDk2MTE4MF8xNzAzMDMwNTg0XzYmbGlscl9zY29yZT0wLjg5MjI0MDM0NTQ3ODA1NzkmbGlzdGluZ19pZD0xODAzODIxNTAmcG9zaXRpb249MCZwcm9wZXJ0eV9pZD03MzUyNDIzNyZ1cGRhdGVfdHlwZT0xJno9MA==

$1 million for 2600 sq ft, no yard, and a 1 car garage near AGH. Sign me up!

You know what, I always thought that was a bad neighborhood. I guess I figured any neighborhood that included a porno movie theater cannot be filled with doctors and lawyers. But I guess I was wrong. Apparently the area around AGH is basically Shadyside or Squirrel Hill.

BTW, here's a home built out shipping containers in Bloomfield for $825K. You know this economy sucks when the stock market is at all-time highs and so many people can afford to plop down 7 figures for modest housing.

 

[HailToPitt725]

$1 million for 2600 sq ft, no yard, and a 1 car garage near AGH. Sign me up!

You know what, I always thought that was a bad neighborhood. I guess I figured any neighborhood that included a porno movie theater cannot be filled with doctors and lawyers. But I guess I was wrong. Apparently the area around AGH is basically Shadyside or Squirrel Hill.

BTW, here's a home built out shipping containers in Bloomfield for $825K. You know this economy sucks when the stock market is at all-time highs and so many people can afford to plop down 7 figures for modest housing.

I disagree with this assessment because you’re applying a suburban view on housing towards an urban property.

I’d imagine that if you live in that part of the city, your household likely has no more than one car and relies on the Commons for recreational activities. And, according to WalkScore.com, that property has a walk score of 83, transit score of 61, and bike score of 83. The premium prices are a result of its convenient location, not the lot’s square footage. You don’t really need more than one car when most necessities are within a 15-minute walk/bike ride.

In my opinion, there’s quite a bit of value there considering you get 4 bedrooms, 5 bathrooms, and 2,500+ sqft of living space. It’s all about trade-offs.

 

[Sean Miller Fan]

I disagree with this assessment because you’re applying a suburban view on housing towards an urban property.

I’d imagine that if you live in that part of the city, your household likely has no more than one car and relies on the Commons for recreational activities. And, according to WalkScore.com, that property has a walk score of 83, transit score of 61, and bike score of 83. The premium prices are a result of its convenient location, not the lot’s square footage. You don’t really need more than one car when most necessities are within a 15-minute walk/bike ride.

In my opinion, there’s quite a bit of value there considering you get 4 bedrooms, 5 bathrooms, and 2,500+ sqft of living space. It’s all about trade-offs.

Yea, I understand that but that area isnt Shadyside or Squirrel Hill. To me, I think its an ugly/dumpy area.

 

[HailToPitt725]

Yea, I understand that but that area isnt Shadyside or Squirrel Hill. To me, I think its an ugly/dumpy area.

That’s fair. I wouldn’t be surprised if that’s the next area to be gentrified, especially since the PAT has a projected planned for that area in its long-term transit plan.

Speaking of that, I wouldn’t be surprised if Dormont and Mt. Washington were the next neighborhoods to really pick up. They’re pretty walkable areas and have direct rail access. Once they get a few more grocer/retailer options, that’s when things could really heat up.

 

[mlvnsmly]

Yea, I understand that but that area isnt Shadyside or Squirrel Hill. To me, I think its an ugly/dumpy area.

You know it isn't the 80s right? That area is totally different today. There are still some houses that haven't been gutted and updated, but that number is getting smaller by the day. Don't the Rooney's live there?

 

[HailtoPitt]

New listing.

This is a great Northside street in the Mexican War Streets neighborhood.

https://www.redfin.com/PA/Pittsburgh/1234-Monterey-St-15212/home/73524237?utm_source=myredfin&utm_medium=email&utm_campaign=recommendations_update&riftinfo=ZXY9ZW1haWwmbD02MDk2MTE4MCZwPWxpc3RpbmdfdXBkYXRlc19yZWNvbW1lbmRhdGlvbnMmYT1jbGljayZzPXJlY29tbWVuZGF0aW9ucyZ0PXZpZXdfZGV0YWlscyZlbWFpbF9pZD02MDk2MTE4MF8xNzAzMDMwNTg0XzYmbGlscl9zY29yZT0wLjg5MjI0MDM0NTQ3ODA1NzkmbGlzdGluZ19pZD0xODAzODIxNTAmcG9zaXRpb249MCZwcm9wZXJ0eV9pZD03MzUyNDIzNyZ1cGRhdGVfdHlwZT0xJno9MA==

Lol. Sold in 2019 for $90,000, and now they want $1 million? I understand they put in time and money to remodel and flip, but $800,000 more? Jeeze.

 

[Sean Miller Fan]

You know it isn't the 80s right? That area is totally different today. There are still some houses that haven't been gutted and updated, but that number is getting smaller by the day. Don't the Rooney's live there?

I used to have to take my dad to AGH all the time awhile back and my impression of it was it was a horrible poverty-stricken area. Maybe it wasnt as bad as I thought back then and maybe it has become Shadyside.

 

[mlvnsmly]

I used to have to take my dad to AGH all the time awhile back and my impression of it was it was a horrible poverty-stricken area. Maybe it wasnt as bad as I thought back then and maybe it has become Shadyside.

When was that? It wasn't a nice place. Parts of it still aren't. But a lot of it is ridiculously nice now. I'll avoid any political commentary, but one by one they are all becoming the house linked above.

I knew some people in Lawrenceville in the late 90s. That was an area that you didn't want to be around for too long. I remember the bank you had to go into a box where you were locked in on both sides and then they had to buzz open the interior door while the exterior door was still locked. People still tried to rob it all the time. And there were no trendy restaurants or bars whatsoever. They couldn't have survived there.

 

[Sean Miller Fan]

When was that? It wasn't a nice place. Parts of it still aren't. But a lot of it is ridiculously nice now. I'll avoid any political commentary, but one by one they are all becoming the house linked above.

I knew some people in Lawrenceville in the late 90s. That was an area that you didn't want to be around for too long. I remember the bank you had to go into a box where you were locked in on both sides and then they had to buzz open the interior door while the exterior door was still locked. People still tried to rob it all the time. And there were no trendy restaurants or bars whatsoever. They couldn't have survived there.

96-04

 

[Millerton24]

Buying Here: 'Glenna's House' in the Mexican War Streets listed for $869,000

Glenna’s House at 1301 Sherman Ave. in the Mexican War Streets would not be recognized by the woman it was named for — especially on the...

www.post-gazette.com

These housing prices are outrageous and they arent coming down. I guess that's not a bad thing since so many people are paying these prices.

They are being purchased by investment firms like Blackrock

 

[Sean Miller Fan]

They are being purchased by investment firms like Blackrock

Can we get them to buy up South Oakland and fix them up?

 

[HailtoPitt]

They are being purchased by investment firms like Blackrock

I mean that sort of thing hurts regular folks trying to save money to buy a modest priced house. I hope the investment firms loose trillions.

 

[Millerton24]

Yea, I understand that but that area isnt Shadyside or Squirrel Hill. To me, I think its an ugly/dumpy area.

U think the Mexican war streets are ugly? Hmmm interesting

 

[Sean Miller Fan]

I mean that sort of thing hurts regular folks trying to save money to buy a modest priced house. I hope the investment firms loose trillions.

Nah. If they feel there is a market to make money doing this, go for it.

 

[Sean Miller Fan]

U think the Mexican war streets are ugly? Hmmm interesting

Not those streets in particular. The "downtown" area.

 

[Millerton24]

You know it isn't the 80s right? That area is totally different today. There are still some houses that haven't been gutted and updated, but that number is getting smaller by the day. Don't the Rooney's live there?

I think the Rooney's lived closer to ccac and the McDonald's, Burger King. Real close to the stadiums.

 

[mlvnsmly]

96-04

It was definitely mostly terrible back then. I don't think there was any investment of note until after the current stadiums were built. The Rooney's were still there though. I think they have always been.

 

[mlvnsmly]

I think the Rooney's lived closer to ccac and the McDonald's, Burger King. Real close to the stadiums.

Yes it was. I was just talking about the north side in general.

 

[joeydavid]

Yea, I understand that but that area isnt Shadyside or Squirrel Hill. To me, I think its an ugly/dumpy area.

Monterey is among the nicest and most desirable streets in Pittsburgh.

 

[Conemaugh]

Lol. Sold in 2019 for $90,000, and now they want $1 million? I understand they put in time and money to remodel and flip, but $800,000 more? Jeeze.

They took out everything that was historic. Why would I want to purchase a home in a historic neighborhood that looks like some new fangled condo unit on the inside. Hard pass. And F those flippers.

 

[joeydavid]

U think the Mexican war streets are ugly? Hmmm interesting

Considering every 3 months thousands of people throw down $40 per person to tour a handful of the houses... I'm guessing he's in the minority.

 

[buceburgh]

I used to have to take my dad to AGH all the time awhile back and my impression of it was it was a horrible poverty-stricken area. Maybe it wasnt as bad as I thought back then and maybe it has become Shadyside.

I lived in Southern Maine for 25 years a 9 iron away from the Atlantic Ocean. 2 hours out of Boston. Worked in Boston 2 days a week. Lived in War Streets for 7 years now around the corner from the house shown. I am beyond happy where I live now. People in Pittsburgh look down on Pittsburgh. This is an unbelievable city to live in. Lighten up people.

 

[joeydavid]

They took out everything that was historic. Why would I want to purchase a home in a historic neighborhood that looks like some new fangled condo unit on the inside. Hard pass. And F those flippers.

Agreed but the issue could be that all of the historical details were lost years ago.

 

[joeydavid]

I think the Rooney's lived closer to ccac and the McDonald's, Burger King. Real close to the stadiums.

Correct. On Lincoln. There's a $4mil renovation of a house in progress on Lincoln as well.

 

[PittPharm2002]

Is affordable housing really that big of a problem in Pittsburgh? I'd have to think there are a plenty of neighborhoods within the city limits that have decent size homes that are priced in an affordable range.

Not really
To be honest

Lots off high income folks and people who sold places in Texas and California moving back and paying straight cash for houses in the city .

We struggled for a long time , got lucky buying off peak.

We visiting dozens of bad flips , $600k fixer uppers , and $400k tear downs

 

[PittPharm2002]

Yes. And there are plenty of 250K-300K houses in Pine, Peters, Wexford, etc. They are small. Built in the 50s, 60s, 70. Not in a ritzy subdivision. But are fine houses to raise a family in. Perfectly affordable.

That’s not in city limits

 

[pbrad]

Buying Here: 'Glenna's House' in the Mexican War Streets listed for $869,000

Glenna’s House at 1301 Sherman Ave. in the Mexican War Streets would not be recognized by the woman it was named for — especially on the...

www.post-gazette.com

These housing prices are outrageous and they arent coming down. I guess that's not a bad thing since so many people are paying these prices.

Years ago nobody wanted to live there and it was run down. Then a program was instituted where you could buy a run down home for $100 if you promised to refurbish according to historical society standards. The rest is history.

 

[pbrad]

When I still lived in Pittsburgh, that was a big reason why I didn't buy a house in the Wilkinsburgh part of Regent Square. Their property tax rate was astoundingly high, so if you fixed up a property and it was reassessed, then you are screwed and it wasn't even not even worth considering.

Shame that the schools are tied into the local taxes in PA. I think it hurts some areas from improving.

That side of Regent Square is high crime.