$400,000
SOLD MAY 23, 2025

University Gateway Apartments 616 E College Ave Unit 204 State College, PA 16801

2 Beds
2 Baths
975 Sq Ft
$261/mo HOA Fee

Recently Sold

$410 Per Sq Ft

2% Below List Price

37 Days on Market

Highlights

  • Contemporary Architecture
  • Furnished
  • Living Room
  • Easterly Parkway Elementary School Rated A
  • 1 Elevator
  • Ceramic Tile Flooring

About This Home

As of May 2025

Spacious Two bedroom Two bath condo directly across the street from Penn State University main campus. This rare find also includes a parking space! Currently leased at a monthly rate of $2600 through August 6, 2025. The parking space is leased separately at $90 per month through August 4, 2025. Don't miss this great investment opportunity!

Last Agent to Sell the Property

Kristen Holzwarth

Associated Realty Condo Sales LLC License #RM425936 Listed on: 02/19/2025

Last Buyer's Agent

James Bradley

Keller Williams Advantage Realty License #RS323140

Keller Williams Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Parking space #6 included with sale. Currently leased at $90 per month until 8/4/2025.

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Block Wall
  • Built-Up Roof

Interior Spaces

  • 975 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

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

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36-14/6,204

Community Details

Overview

  • $261 Capital Contribution Fee
  • Association fees include common area maintenance, sewer, trash, water
  • Building Winterized
  • Associate Realty Property Management HOA
  • Mid-Rise Condominium
  • Arpm Condos
  • University Gateway Subdivision
  • Property Manager
  • Property has 7 Levels

Amenities

  • Laundry Facilities
  • 1 Elevator

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,316

Year Built

Built in 1985

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Tenants' property
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Spacious Two bedroom Two bath condo directly across the street from Penn State University main campus. This rare find also includes a parking space! Currently leased at a monthly rate of $2600 through August 6, 2025. The parking space is leased separately at $90 per month through August 4, 2025. Don't miss this great investment opportunity!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Vinyl
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall, Block Walls
  • Floors In Unit Count: 1
  • Levels Count: 7
  • Room Count: 6
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 975
  • Living Area Sq Ft: 975
  • Price Per Sq Ft: 420.41
  • Above Grade Finished Sq Ft: 975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 616

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Block
  • Roof: Built-Up
  • Spa: No
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 261.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: ARPM
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Sewer, Trash, Water
  • HOA Name: ASSOCIATE REALTY PROPERTY MANAGEMENT
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 261.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Parking space #6 included with sale. Currently leased at $90 per month until 8/4/2025.
  • Zoning: C

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Total Actual Rent: 31200.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1459.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2316.00
  • Assessor Parcel Number: 36-14/6,204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/23/2025

MLS Schools

  • School District Name: STATE COLLEGE AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $400,000 -2.4% $410 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $409,900 +17.1% $420 / Sq Ft
03/01/2021 03/01/21 Sold $350,000 -2.5% $359 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $359,000 -- $368 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kristen Holzwarth

    Associated Realty Condo Sales LLC

    (814) 231-3333

    4 Total Sales

    Kristen Holzwarth
    Section Image
  • James Bradley

    Buyer's Agent in 2025

    James Bradley

    Keller Williams Advantage Realty

    (814) 574-1196

    146 Total Sales

    James Bradley
    Section Image
  • Katia May

    Seller's Agent in 2021

    Katia May

    Realty Mark Cityscape

    (330) 256-1059

    3 Total Sales

    Katia May
    Section Image
See All Agents

About University Gateway Apartments

Map

Source: Bright MLS

MLS Number: PACE2513240

Bright MLS
Pennsylvania Centre County State College 16801

616 E College Ave Unit 204, State College, PA

This home is located at 616 E College Ave Unit 204, State College, PA 16801 and is currently priced at $400,000, approximately $410 per square foot. This property was built in 1985. 616 E College Ave Unit 204 is a home located in Centre County with nearby schools including Easterly Parkway Elementary School, Mount Nittany Middle School, and State College Area High School.

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