Seller's Agent in 2017
David Fonash
Continental Real Estate Management
(814) 308-4768
9 in this area
84 Total Sales
227 -231 Strouse Ave State College, PA 16803
Patton NeighborhoodEstimated Value: $220,853 - $240,000
2
Beds
2.5
Baths
1,088
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Living Room
- Park Forest Elementary School Rated A
- Window Unit Cooling System
- Laundry Room
About This Home
As of July 2017Three townhouses are being offered in a group sale. These 2 bedroom 2 bathroom units sit in a prime location on the North end of State College. Each unit comes with 2 parking spots. Located within walking distance to restaurants, shops and bars. Average rent is $1,500 per unit and they are occupied through August 2017. These three units represent a prime investment opportunity. The 4th unit is available for purchase as well, see MLS # 50026, allowing an investor to own the entire building. All three units have same floor plan. Each unit has 2 bedrooms and 2.5 bathrooms. Taxes listed are combined for all 3 units. Property Codes are 18-013-053B-0227 , 0229, and 0231. Listing agent at showings.
Last Agent to Sell the Property
Continental Real Estate Management License #RS329103 Listed on: 03/01/2017
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,675
Year Built
- Built in 1981
Lot Details
- 0.33
Parking
- Gravel Driveway
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- Property has 2 Levels
- Living Room
- Partially Finished Basement
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
Utilities
- Window Unit Cooling System
- Heating unit installed on the ceiling
Listing and Financial Details
- Assessor Parcel Number 18-013-053B-0227
Community Details
Overview
- No Home Owners Association
- Woodycrest Subdivision
Pet Policy
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2017
Closed on
Jul 6, 2017
Sold by
Paselli Ll
Bought by
Dcm Llc
Seller's Agent
David Fonash
Continental Real Estate Management
Buyer's Agent
Jennifer Zhou
Coldwell Banker Residential Brokerage - Princeton
List Price
$470,000
Sold Price
$385,000
Premium/Discount to List
-$85,000
-18.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,537
Avg. Annual Appreciation
-6.20%
Purchase Details
Closed on
Jul 10, 2013
Sold by
Arjmand Michael Masood and Arjmand Masood Michael
Bought by
Paselli Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 17, 2009
Sold by
Ollendyke Bryan T and Ollendyke Dana J
Bought by
Arjmand Michael Masood and Arjmand Monica Mitra
Purchase Details
Closed on
Aug 13, 2007
Sold by
Cheng Chi H and Cheng Christine E
Bought by
Ollendyke Bryan T and Mcquaide Dana J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,463
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2005
Sold by
Hironimus Dennis E and Hironimus Roma
Bought by
Cheng Chi H and Cheng Christine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dcm Llc | $256,000 | None Available | |
| Paselli Llc | $140,000 | None Available | |
| Arjmand Michael Masood | $121,000 | None Available | |
| Ollendyke Bryan T | $119,000 | None Available | |
| Cheng Chi H | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paselli Llc | $225,000 | |
| Previous Owner | Paselli Llc | $112,000 | |
| Previous Owner | Arjmand Michael Masood | $1,250,000 | |
| Previous Owner | Ollendyke Bryan T | $114,463 | |
| Previous Owner | Cheng Chi H | $75,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2017 07/07/17 | Sold | $385,000 | -18.1% | $354 / Sq Ft |
| 06/04/2017 06/04/17 | Pending | -- | -- | -- |
| 03/01/2017 03/01/17 | For Sale | $470,000 | -- | $432 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,938 | $27,815 | $6,000 | $21,815 |
| 2024 | $1,807 | $27,815 | $6,000 | $21,815 |
| 2023 | $1,807 | $27,815 | $6,000 | $21,815 |
| 2022 | $1,764 | $27,815 | $6,000 | $21,815 |
| 2021 | $1,764 | $27,815 | $6,000 | $21,815 |
| 2020 | $1,764 | $27,815 | $6,000 | $21,815 |
| 2019 | $1,282 | $27,815 | $6,000 | $21,815 |
| 2018 | $1,710 | $27,815 | $6,000 | $21,815 |
| 2017 | $1,692 | $27,815 | $6,000 | $21,815 |
| 2016 | -- | $27,815 | $6,000 | $21,815 |
| 2015 | -- | $27,815 | $6,000 | $21,815 |
| 2014 | -- | $27,815 | $6,000 | $21,815 |
Source: Public Records
Agents Affiliated with this Home
-
David Fonash
-
Jennifer Zhou
Buyer's Agent in 2017
Jennifer Zhou
Coldwell Banker Residential Brokerage - Princeton
(814) 321-7255
31 in this area
105 Total Sales
Map
Source: Bright MLS
MLS Number: PACE2190122
APN: 18-013-053B-0227
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