NOT LISTED FOR SALE

242 Gerald St Unit 2242 State College, PA 16801

Estimated Value: $197,000 - $233,946

2 Beds
1 Bath
1,056 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $206,000 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,596/month

2 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Eat-In Kitchen
  • Spring Creek Elementary Rated A
  • Cul-De-Sac
  • Patio

About This Home

As of August 2023

This bright, 2-bedroom 1 bath townhouse boasts spectacular views and low maintenance living with lawn care and snow removal included! A rare opportunity to own a home in this quiet, sought-after neighborhood, conveniently located just minutes away from parks, shopping, Beaver Stadium, Penn State, major roads and highways. The home features a light-filled kitchen with room to dine, plenty of cabinets and counter space. The main floor also includes a convenient laundry area, large dining room, and a living room with abundant natural light. The living room opens to a private patio area where you can enjoy stunning sunsets and mountain views. Upstairs there are two sizable bedrooms with ample closet space, a large hallway closet, and a full bathroom with tub and shower combination. The primary bedroom located in the rear of the home provides large windows with captivating views. Other features include: an exterior storage shed, stainless steel kitchen appliances, full sized washer and dryer, water softener, and whole house fan. Property provides plenty of parking for you and your guests. Condo fee of $250 a month covers exterior of building, grounds, large parking lot, trash as well as lawn care and snow removal.

Last Agent to Sell the Property

Ellen Kline

Kissinger, Bigatel & Brower License #RS200089L Listed on: 06/20/2023

Kissinger, Bigatel & Brower

Last Buyer's Agent

Barrett Marshall

Keller Williams Advantage Realty License #RS360743

Keller Williams Advantage Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1980

Lot Details

  • Cul-De-Sac

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Shed

Schools

  • State College Area High School

Utilities

  • Electric Baseboard Heater
  • Water Dispenser
  • Electric Water Heater
  • Water Conditioner is Owned
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 19-004A,054-,0242-

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include insurance, common area maintenance, lawn maintenance, trash, snow removal, exterior building maintenance
  • Penn Hills Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,664

Year Built

Built in 1980

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: Mirror over vanity in bathroom
  • Historic: No
  • Inclusions: Range, refrigerator, washer, dryer, water softener
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-20
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned, Water Dispenser
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Dining Area, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 194.13
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • View: Mountain
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance, Common Area Maintenance, Lawn Maintenance, Trash, Snow Removal, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: STATE COLLEGE AREA
  • High School: STATE COLLEGE AREA
  • High School Source: Listing Agent
  • School District Key: 801909430994
  • School District Source: Listing Agent
  • High School: STATE COLLEGE AREA

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: PRD

Rental Info

  • Lease Considered: No
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1300.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1664.00
  • Assessor Parcel Number: 19-004A,054-,0242-
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/14/2023

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Jul 31, 2014
Sold by
Melville John G and Melville Manuela
Bought by
Stanford Cheraine P
Seller's Agent
Ellen Kline
Kissinger, Bigatel & Brower
Buyer's Agent
Ellen Kline
Kissinger, Bigatel & Brower
List Price
$132,900
Sold Price
$120,000
Premium/Discount to List
-$12,900
-9.71%
Current Estimated Value
$218,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,237
Avg. Annual Appreciation
5.41%
Original Mortgage
$96,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Stump Cory and Stump Jennifer
Bought by
Melville John G and Melville Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Stump Cory
Bought by
Stump Cory and Stump Jennifer
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stanford Cheraine P $120,000 None Available
Melville John G $120,000 None Available
Stump Cory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souto Ross Liz $164,800
Closed Stanford Cheraine P $96,000
Previous Owner Melville John G $91,903
Previous Owner Melville John G $95,000
Previous Owner Stump Cory T $15,000
Previous Owner Stump Cory $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $206,000 +0.5% $195 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $205,000 +70.8% $194 / Sq Ft
08/07/2014 08/07/14 Sold $120,000 -9.7% $114 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $132,900 -- $126 / 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 $1,697 $26,160 $6,000 $20,160
2024 $1,611 $26,160 $6,000 $20,160
2023 $1,611 $26,160 $6,000 $20,160
2022 $1,570 $26,160 $6,000 $20,160
2021 $1,570 $26,160 $6,000 $20,160
2020 $1,562 $26,160 $6,000 $20,160
2019 $1,238 $26,160 $6,000 $20,160
2018 $1,501 $26,160 $6,000 $20,160
2017 $1,484 $26,160 $6,000 $20,160
2016 -- $26,160 $6,000 $20,160
2015 -- $26,160 $6,000 $20,160
2014 -- $26,160 $6,000 $20,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACE2506594

Bright MLS

APN: 19-004A-054-0242