NOT LISTED FOR SALE

Estimated Value: $686,000 - $929,000

1.18 Acres
$677,725 Price per Acre
51,401 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $154,500

Est. 394% increase in value since last sale

Current estimated payment $5,098/month

25 Days on Market

About This Lot

As of January 2017

Build your dream house on this beautiful building lot at the edge of Cedar Cliff subdivision. 286 Michael Rd = 1.18 acres there are restrictive covenants (different/separate from Cedar Cliff), you can choose your own builder, perc tests have been completed & are available for review. Peaceful setting with easy access to I-99, downtown State College & PSU.

Last Agent to Sell the Property

Ryan Lowe

RE/MAX Centre Realty License #AB066402 Listed on: 09/29/2016

RE/MAX Centre Realty

Co-Listed By

Linda Lowe

RE/MAX Centre Realty License #AB066403

Last Buyer's Agent

Ellen Kline

Kissinger, Bigatel & Brower License #RS200089L

Kissinger, Bigatel & Brower

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $923

Lot Details

  • 1.18

Additional Features

  • 1.18 Acre Lot
  • Well

Community Details

  • No Home Owners Association
  • Built by Choose Builder

Listing and Financial Details

  • Assessor Parcel Number 18-003-050Q-0000

Property Details

Property Type

Land

Est. Annual Taxes

$923

Lot Details

0

Listing Details

  • Property Type: Land
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Build your dream house on this beautiful building lot at the edge of Cedar Cliff subdivision. 286 Michael Rd = 1.18 acres there are restrictive covenants (different/separate from Cedar Cliff), you can choose your own builder, perc tests have been completed & are available for review. Peaceful setting with easy access to I-99, downtown State College & PSU.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 286

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: Yes
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 1.18
  • Lot Dimensions: 51401.00
  • Zoning: R
  • Zoning Description: R

Building Info

  • Builder Name: Choose Builder

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 25401907
  • Tax Annual Amount: 923.00
  • Assessor Parcel Number: 18-003-050Q-0000
  • Tax Year: 2016
  • Close Date: 01/06/2017

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Jan 3, 2017
Sold by
Dare Eric K and Dare Caitlin B
Bought by
Hoy William S and Hoy Wanda Rae
Seller's Agent
Ryan Lowe
RE/MAX Centre Realty
Buyer's Agent
Ellen Kline
Kissinger, Bigatel & Brower
List Price
$159,000
Sold Price
$154,500
Premium/Discount to List
-$4,500
-2.83%
Current Estimated Value
$762,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,461
Avg. Annual Appreciation
18.96%
Original Mortgage
$417,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2014
Sold by
Dare Eric K and Dare Caitlin B
Bought by
Dare Eric K and Dare Caitlin B
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hoy William S $154,500 None Available
Dare Eric K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoy William S $594,000
Closed Hoy William S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $154,500 -2.8% --
10/24/2016 10/24/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $159,000 -- --
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 $10,604 $152,220 $15,900 $136,320
2024 $9,893 $152,220 $15,900 $136,320
2023 $9,893 $152,220 $15,900 $136,320
2022 $9,655 $152,220 $15,900 $136,320
2021 $9,655 $152,220 $15,900 $136,320
2020 $9,655 $152,220 $15,900 $136,320
2019 $7,015 $152,220 $15,900 $136,320
2018 $978 $15,900 $15,900 $0
2017 $967 $15,900 $15,900 $0
2016 -- $15,900 $15,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACE2405270

Bright MLS

APN: 18-003-050Q-0000