NOT LISTED FOR SALE

118 Cherry Ridge Rd State College, PA 16803

Estimated Value: $521,000 - $808,006

6 Beds
7 Baths
5,294 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $499,900 $94 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,821/month

5 Days on Market

Highlights

  • 0.8 Acre Lot
  • Deck
  • Wood Flooring
  • Radio Park Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of October 2022

Don't miss out on seeing one of Park Forest's most impressive homes! This sizable stunner sits on a wooded, private double-lot in the heart of Park Forest. A mostly brick Tudor style, this home craves a buyer with vision who can make it shine again. Features galore: three brick wood-burning fireplaces, a huge laundry/mudroom, finished walk-out lower level, large deck, unique wet bar, stainless steel appliances. Need space? At only $94 per square foot, this home is an incredible value. With scads of living space, six bedrooms and seven bathrooms, this spectacular home is sure to meet all of your needs.

Last Agent to Sell the Property

Larry Walker

Kissinger, Bigatel & Brower License #AB065301 Listed on: 09/01/2022

Kissinger, Bigatel & Brower

Last Buyer's Agent

Brian Rutter

Keller Williams Advantage Realty License #RS337245

Keller Williams Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,476

Year Built

  • Built in 1978

Lot Details

  • 0.8

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Water Conditioner is Owned
  • Cable TV Available

Additional Features

  • Deck
  • 0.8 Acre Lot

Community Details

  • No Home Owners Association
  • Park Forest Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-022-,265-,0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,476

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Kitchen Stainless Steel Appliances, Washer, and Dryer
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 1978
  • Remarks Public: Don't miss out on seeing one of Park Forest's most impressive homes! This sizable stunner sits on a wooded, private double-lot in the heart of Park Forest. A mostly brick Tudor style, this home craves a buyer with vision who can make it shine again. Features galore: three brick wood-burning fireplaces, a huge laundry/mudroom, finished walk-out lower level, large deck, unique wet bar, stainless steel appliances. Need space? At only $94 per square foot, this home is an incredible value. With scads of living space, six bedrooms and seven bathrooms, this spectacular home is sure to meet all of your needs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Conditioner - Owned
  • Flooring Type: Hardwood
  • Interior Amenities: Wet/Dry Bar, Attic, Kitchen - Eat-In, Whirlpool/Hottub
  • Fireplace Features: Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Laundry, Mud Room, Office, Full Bath, Half Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partially Finished, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 6243
  • Living Area Sq Ft: 5294
  • Price Per Sq Ft: 115.66
  • Above Grade Finished Sq Ft: 4322
  • Below Grade Finished Sq Ft: 972
  • Below Grade Sq Ft: 949
  • Total Below Grade Sq Ft: 1921
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Construction Completed: Yes
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Built In
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Other

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: STATE COLLEGE AREA
  • School District Key: 801909430994

Lot Info

  • Lot Size Acres: 0.80
  • Outdoor Living Structures: Deck(s)
  • Zoning: R
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 25438769
  • Tax Annual Amount: 12476.00
  • Assessor Parcel Number: 24-022-,265-,0000-
  • Tax Year: 2022
  • Close Date: 10/21/2022

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 17, 2022
Sold by
Hanson John L
Bought by
Mccreary Delores D
Seller's Agent
Larry Walker
Kissinger, Bigatel & Brower
Buyer's Agent
Brian Rutter
Keller Williams Advantage Realty
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$676,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,352
Avg. Annual Appreciation
9.55%
Original Mortgage
$399,920
Outstanding Balance
$371,652
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$277,286

Purchase Details

Closed on
Jul 12, 1980
Bought by
Hanson John L and Hanson Hanson
Source: Public Records

Range of Values:

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Average Value
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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
Mccreary Delores D $499,900 --
Hanson John L $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccreary Delores D $399,920
Previous Owner Hanson John L $85,000
Previous Owner Hanson John L $72,000
Previous Owner Hanson John L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $499,900 0.0% $94 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $499,900 -- $94 / Sq Ft
Source: Bright MLS

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
2025 $13,712 $221,395 $38,200 $183,195
2024 $12,822 $221,395 $38,200 $183,195
2023 $12,822 $221,395 $38,200 $183,195
2022 $12,476 $221,395 $38,200 $183,195
2021 $12,476 $221,395 $38,200 $183,195
2020 $12,476 $221,395 $38,200 $183,195
2019 $10,644 $221,395 $38,200 $183,195
2018 $12,046 $221,395 $38,200 $183,195
2017 $11,897 $221,395 $38,200 $183,195
2016 -- $221,395 $38,200 $183,195
2015 -- $221,395 $38,200 $183,195
2014 -- $221,750 $38,200 $183,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACE2435678

Bright MLS

APN: 24-022-265-0000