$580,000
SOLD APR 11, 2025
6 Beds
3 Baths
2,668 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

7% Below List Price

91 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Cottage
  • Easterly Parkway Elementary School Rated A
  • No HOA
  • Bathtub with Shower

About This Home

As of April 2025

In the heart of the architecturally rich, historic Highlands Neighborhood, which features over fifty-five of the Borough’s one hundred and forty-five identified historically significant structures for its walking tours, is this stately, well preserved, red brick cottage with tudoresque wood beam accents built of the same quality materials as many of the other significant homes of this era. Only two blocks from Penn State University! The home is part of the Historic Highlands Neighborhood, with a long history of ownership by Penn State Professors, Faculty and Staff. The current owner shares that she and her husband have loved the vibrancy of the neighborhood! It's a great place to live and raise a family. The neighborhood association is active and they have really enjoyed interacting with the students and the fraternities.

Throughout the home, original hardwood floors and trim adorn the first and second floors. In addition to the comfortable natural gas radiant heat, the home has been updated with high efficiency ductless mini splits providing heating and cooling in each main room. The first floor has been updated with custom energy efficient Pella windows. The second floor features three spacious bedrooms and a fourth room that could be a walk-in closet, office, convenient storage or perhaps could be converted to an extra bathroom. The first level also features an oversized living room, brick fireplace, recently renovated kitchen, dining room with french doors flowing out to spacious patio for easy entertaining. The first floor also boasts an additional room, that could also be a first floor owners suite with its own full bath and updated walk-in tile shower, office or even a family room. Take advantage of this rare opportunity to own this well preserved charming brick cottage today!

The Basement has a student rental permitted apartment with 2 tenants.

Last Agent to Sell the Property

George Arnold

Better Homes & Gardens Real Estate - GSA Realty License #RS346913 Listed on: 11/13/2024

Better Homes & Gardens Real Estate - GSA Realty

Last Buyer's Agent

George Arnold

Better Homes & Gardens Real Estate - GSA Realty License #RS346913 Listed on: 11/13/2024

Better Homes & Gardens Real Estate - GSA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot
  • Northwest Facing Home
  • Corner Lot
  • Property is zoned R2

Home Design

  • Cottage
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Wood Flooring
  • Natural lighting in basement

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Alley Access

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Heat Pump System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-013-,254-,0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,784

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Remarks Public: In the heart of the architecturally rich, historic Highlands Neighborhood, which features over fifty-five of the Borough’s one hundred and forty-five identified historically significant structures for its walking tours, is this stately, well preserved, red brick cottage with tudoresque wood beam accents built of the same quality materials as many of the other significant homes of this era. Only two blocks from Penn State University! The home is part of the Historic Highlands Neighborhood, with a long history of ownership by Penn State Professors, Faculty and Staff. The current owner shares that she and her husband have loved the vibrancy of the neighborhood! It's a great place to live and raise a family. The neighborhood association is active and they have really enjoyed interacting with the students and the fraternities. Throughout the home, original hardwood floors and trim adorn the first and second floors. In addition to the comfortable natural gas radiant heat, the home has been updated with high efficiency ductless mini splits providing heating and cooling in each main room. The first floor has been updated with custom energy efficient Pella windows. The second floor features three spacious bedrooms and a fourth room that could be a walk-in closet, office, convenient storage or perhaps could be converted to an extra bathroom. The first level also features an oversized living room, brick fireplace, recently renovated kitchen, dining room with french doors flowing out to spacious patio for easy entertaining. The first floor also boasts an additional room, that could also be a first floor owners suite with its own full bath and updated walk-in tile shower, office or even a family room. Take advantage of this rare opportunity to own this well preserved charming brick cottage today! The Basement has a student rental permitted apartment with 2 tenants.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Bathroom - Walk-In Shower
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Kitchen
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 2668
  • Living Area Sq Ft: 2668
  • Price Per Sq Ft: 281.33
  • Above Grade Finished Sq Ft: 2218
  • Below Grade Finished Sq Ft: 450
  • Total Below Grade Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 356

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Alley, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Radiator, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3097.63
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4783.84
  • Assessor Parcel Number: 36-013-,254-,0000-
  • Tax Total Finished Sq Ft: 2218
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/11/2025

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Mar 28, 2025
Sold by
Lafer Theresa D
Bought by
Schlachter Baron L and Schlachter Shauna P
Seller's Agent
George Arnold
Better Homes & Gardens Real Estate - GSA Realty
Buyer's Agent
George Arnold
Better Homes & Gardens Real Estate - GSA Realty
List Price
$624,000
Sold Price
$580,000
Premium/Discount to List
-$44,000
-7.05%
Views
308
Current Estimated Value
$578,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,606
Avg. Annual Appreciation
14.22%
Original Mortgage
$406,000
Outstanding Balance
$405,651
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$205,220

Purchase Details

Closed on
Feb 18, 1988
Bought by
Lafer Mark and Lafer Theresa D
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $580,000 None Listed On Document
Deed $580,000 None Listed On Document
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,000 New Conventional
Closed $406,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $201,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $100,120,422 New Conventional
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $580,000 -7.1% $217 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
11/13/2024 11/13/24 For Sale $624,000 -- $234 / 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 $5,255 $64,370 $10,690 $53,680
2024 $4,486 $60,830 $10,690 $50,140
2023 $4,486 $60,830 $10,690 $50,140
2022 $4,391 $60,830 $10,690 $50,140
2021 $4,391 $60,830 $10,690 $50,140
2020 $4,391 $60,830 $10,690 $50,140
2019 $3,295 $60,830 $10,690 $50,140
2018 $4,160 $60,830 $10,690 $50,140
2017 $4,119 $60,830 $10,690 $50,140
2016 -- $60,830 $10,690 $50,140
2015 -- $60,830 $10,690 $50,140
2014 -- $60,830 $10,690 $50,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACE2512410

Bright MLS

APN: 36-013-254-0000