NOT LISTED FOR SALE

161 Cedar Ln State College, PA 16801

Estimated Value: $349,115 - $406,000

4 Beds
2 Baths
2,160 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $366,500 $170 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,329/month

Highlights

  • Rambler Architecture
  • No HOA
  • Living Room
  • Spring Creek Elementary Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Millbrook Marsh Nature Center

About This Home

As of May 2022

Enjoy easy living in this charming expanded ranch home with second-floor addition. With 4 bedrooms, 2 bathrooms, and over 2,000 square feet of living space you'll enjoy a perfect setting for relaxing and entertaining. Boasting tons of charm, this home offers endless potential to make it your own or to utilize it as an investment property! The spacious living room features a cozy wood-burning fireplace and flows into your open concept dining and kitchen area. Additional highlights include a bonus room that can be used as a 5th bedroom or den/office, a screened-in porch, a deck, and a two-car garage. This home borders tailgate fields behind Beaver Stadium, making this a prime location to entertain guests during home football games or concerts at the Bryce Jordan Center. Conveniently located near shopping, restaurants, schools, and Downtown State College, you won't want to miss this fantastic opportunity! This home currently has a rental permit, is managed by Continental, and is tenant-occupied until August 2, 2022.

Last Agent to Sell the Property

Brian Rutter

(814) 571-9776 brian@rutterhomesales.com Keller Williams Advantage Realty License #RS337245 Listed on: 04/25/2022

Keller Williams Advantage Realty

Co-Listed By

Jacki Rutter

(814) 360-5885 jacki@rutterhomesales.com Keller Williams Advantage Realty License #RS167271L

Last Buyer's Agent

Matt Cover

matt@kissingerrealestate.com Kissinger & Associates LLC License #RS304938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,336

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 19-009-,016-,0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,336

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplace: No
  • Room List: Living Room, Dining Room, Kitchen, Full Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3780
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 166.67
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 1620
  • Total Below Grade Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling: No
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.24
  • Zoning: R
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 25425182
  • Tax Annual Amount: 3336.00
  • Assessor Parcel Number: 19-009-,016-,0000-
  • Tax Year: 2021

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 26, 2022
Sold by
Jacobs Robert G and Jacobs Cheryl L
Bought by
Lucchetti Holdings Llc
Seller's Agent
Brian Rutter
Keller Williams Advantage Realty
Buyer's Agent
Matt Cover
Kissinger & Associates LLC
List Price
$360,000
Sold Price
$366,500
Premium/Discount to List
$6,500
1.81%
Current Estimated Value
$387,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,529
Avg. Annual Appreciation
1.61%
Original Mortgage
$370,000
Outstanding Balance
$351,531
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$35,498

Purchase Details

Closed on
Mar 31, 2008
Sold by
Wandel Max E and Wandel Lisa S
Bought by
Jacobs Robert G and Jacobs Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Lucchetti Holdings Llc $366,500 None Listed On Document
Jacobs Robert G $226,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucchetti Holdings Llc $370,000
Previous Owner Jacobs Robert G $203,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $366,500 +1.8% $170 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $360,000 -- $167 / 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 $3,605 $55,580 $6,000 $49,580
2024 $3,423 $55,580 $6,000 $49,580
2023 $3,423 $55,580 $6,000 $49,580
2022 $3,336 $55,580 $6,000 $49,580
2021 $3,336 $55,580 $6,000 $49,580
2020 $3,320 $55,580 $6,000 $49,580
2019 $2,862 $55,580 $6,000 $49,580
2018 $3,190 $55,580 $6,000 $49,580
2017 $3,152 $55,580 $6,000 $49,580
2016 -- $55,580 $6,000 $49,580
2015 -- $55,580 $6,000 $49,580
2014 -- $55,580 $6,000 $49,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACE2437620

Bright MLS

APN: 19-009-016-0000