NOT LISTED FOR SALE

123 Grace Ln Tyrone, PA 16686

Taylor Neighborhood

Estimated Value: $143,000 - $212,105

Studio
2 Baths
2,100 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2025

Last sale price $195,000 $93 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,218 / mo

28 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Forced Air Heating System
  • Hot Water Heating System
  • Detached Garage

About This Home

As of October 2025

Discover an exceptional one-acre, multi-unit property nestled in the heart of Tyrone, Pennsylvania, featuring a generous commercial garage at the rear—ideal for small business operations, storage, or workshop use, all while residing close to home. Crafted with rustic charm, the property radiates countryside warmth balanced with functional potential. In the excellent Tyrone school district! Bonus!!! An incredible opportunity to house hack or operate as a three-unit rental property for steady income potential—live in one, rent the others, and let your tenants help pay the mortgage. 1 Year Home Warranty Included!

Last Agent to Sell the Property

Wally Rossi

Coldwell Banker Town & Country R.E. License #RS171287L Listed on: 08/08/2025

Coldwell Banker Town & Country R.E.

Last Buyer's Agent

Non-member Zz Non-member A

Zz Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1983

Lot Details

  • 1.2 Acre Lot
  • Year Round Access

Home Design

  • 2,100 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 16-4 #24X

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1983

Lot Details

1.2 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 1.2
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2100.0
  • New Construction: No
  • Year Built: 1983
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Fireplace Features:None3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Year Round Access
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Exterior Features: Rain Gutters
  • Other Structures: Garage(s), Workshop
  • Lot Features:Year Round Access: Yes
  • General Property Information:Accessibility Features: No
  • Exterior Features:Rain Gutters: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Driveway, Garage, Off Street
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage3: Yes
  • Other Structures:Garage(s): Yes
  • General Property Information:_pound_ Garages: 6

Utilities

  • Cooling: None
  • Electric: 150 Amp Service, 200+ Amp Service, Circuit Breakers
  • Heating: Electric, Hot Water, Forced Air
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Connected
  • Water Source: Private, Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water: Yes
  • Heating:Electric2: Yes

Schools

  • Junior High Dist: Tyrone

Lot Info

  • Zoning: None
  • Lot Size Sq Ft: 52272.0
  • Parcel #: 16-4 #24X

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2200.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Oct 13, 2025
Sold by
Bought by
Seller's Agent
Wally Rossi
Coldwell Banker Town & Country R.E.
Buyer's Agent
Non-member Zz Non-member A
Zz Non-member Office
List Price
$195,000
Sold Price
$195,000
Views
87
Current Estimated Value
$192,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,724
Avg. Annual Appreciation
-2.32%
Original Mortgage
$10,000
Outstanding Balance
$9,952
Interest Rate
6.26%
Estimated Equity
$182,324

Purchase Details

Closed on
Feb 4, 2025
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2024
Sold by
Bought by

Purchase Details

Listed on
May 10, 2020
Closed on
Oct 29, 2020
Sold by
Bought by
Seller's Agent
Joe Herrle
Kissinger, Bigatel & Brower
Buyer's Agent
Peter Chiarkas
Kissinger, Bigatel & Brower
List Price
$198,500
Sold Price
$169,500
Premium/Discount to List
-$29,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$166,429
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,339
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,339
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 Nittany Settlement
$92,500 None Listed On Document
$92,500 None Listed On Document
$8,231 None Listed On Document
$169,500 Universal Stlmt Svcs Of Pa L
$125,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000
Open $191,468
Previous Owner $166,429
Previous Owner $123,339
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $195,000 0.0% $93 / Sq Ft
09/05/2025 09/05/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $195,000 +15.0% $93 / Sq Ft
11/06/2020 11/06/20 Sold $169,500 -14.6% $81 / Sq Ft View Prior Sale
08/28/2020 08/28/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $198,500 -- $95 / Sq Ft
Source: Allegheny Highland Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,167 $52,845 $7,925 $44,920
2025 $2,054 $52,845 $7,925 $44,920
2024 $1,901 $52,845 $7,925 $44,920
2023 $1,901 $52,845 $7,925 $44,920
2022 $1,869 $52,845 $7,925 $44,920
2021 $1,815 $52,845 $7,925 $44,920
2020 $1,766 $48,645 $7,925 $40,720
2019 $1,619 $48,645 $7,925 $40,720
2018 $1,713 $48,645 $7,925 $40,720
2017 $1,685 $48,645 $7,925 $40,720
2016 -- $48,645 $7,925 $40,720
2015 -- $48,645 $7,925 $40,720
Source: Public Records

Agents Affiliated with this Home

  • Wally Rossi

    Seller's Agent in 2025

    Wally Rossi

    Coldwell Banker Town & Country R.E.

    (814) 935-9259

    1 in this area

    131 Total Sales

    Wally Rossi
    Section Image

  • N

    Buyer's Agent in 2025

    Non-member Zz Non-member A

    Zz Non-member Office

  • Joe Herrle

    Seller's Agent in 2020

    Joe Herrle

    Kissinger, Bigatel & Brower

    (814) 880-0723

    42 Total Sales

    Joe Herrle
    Section Image
  • Peter Chiarkas

    Buyer's Agent in 2020

    Peter Chiarkas

    Kissinger, Bigatel & Brower

    (814) 571-8204

    1 in this area

    511 Total Sales

    Peter Chiarkas
    Section Image
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Map

Source: Allegheny Highland Association of REALTORS®

MLS Number: 78130

Allegheny Highland Association of REALTORS®

APN: 16-0004-024X-0000

Pennsylvania Centre County Tyrone 16686 Taylor

123 Grace Ln, Tyrone, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Allegheny Highland Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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