$360,000
SOLD JUL 31, 2023

University Gateway Apartments 616 E College Ave Unit 306 State College, PA 16801

2 Beds
2 Baths
975 Sq Ft
$214/mo HOA Fee

Recently Sold

$369 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Geodesic or Dome Home
  • Living Room
  • Electric Baseboard Heater
  • Easterly Parkway Elementary School Rated A
  • Level Entry For Accessibility
  • High-Rise Condominium

About This Home

As of January 2025

Looking for a spacious, well-maintained apartment to live in or invest in downtown state College? This 2-bedrooms, 2-full bathrooms condo with newer LVP flooring throughout the bedrooms, living room and hallway, ceramic tiles in kitchen area, just across from Penn State main campus. Convenient to different types of restaurants, retail stores, and entertainment venues. Current rented out through August 2024. Furniture package and an active rental permit included. Permitted to rent for up to 6 students. 24-hour notice needed.

Last Agent to Sell the Property

Jennifer Zhou

Coldwell Banker Residential Brokerage - Princeton License #2322725 Listed on: 06/23/2023

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Jie Peng

RE/MAX Centre Realty License #RS325918

RE/MAX Centre Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1985

HOA Fees

  • $214 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Geodesic or Dome Home
  • Brick Exterior Construction

Interior Spaces

  • 975 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Monitored
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-014-,006-,0306-

Community Details

Overview

  • $214 Capital Contribution Fee
  • Association fees include common area maintenance, insurance, sewer, snow removal, trash, water
  • High-Rise Condominium
  • University Gateway Condos
  • University Gateway Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1985

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Dome
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Tenants' personal belongings
  • Inclusions: Kitchen appliances, furniture package
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Common, Main Floor
  • Total Sq Ft: 975
  • Living Area Sq Ft: 975
  • Price Per Sq Ft: 379.38
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 214.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: University Gateway
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 214.00

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1539.00
  • Tax Annual Amount: 2382.00
  • Assessor Parcel Number: 36-014-,006-,0306-
  • Tax Total Finished Sq Ft: 975
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: STATE COLLEGE AREA

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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
01/31/2025 01/31/25 Sold $396,000 +2.9% $406 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $385,000 +6.9% $395 / Sq Ft
07/31/2023 07/31/23 Sold $360,000 -2.7% $369 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $369,900 -- $379 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jie Peng

    Seller's Agent in 2025

    Jie Peng

    RE/MAX

    (814) 404-9949

    111 Total Sales

    Section Image
  • Kristin O'Brien

    Buyer's Agent in 2025

    Kristin O'Brien

    Keller Williams Advantage Realty

    (814) 272-6106

    184 Total Sales

    Section Image
  • Jennifer Zhou

    Seller's Agent in 2023

    Jennifer Zhou

    Coldwell Banker Residential Brokerage - Princeton

    (814) 321-7255

    108 Total Sales

    Section Image
See All Agents

About University Gateway Apartments

Map

Source: Bright MLS

MLS Number: PACE2506588

Bright MLS

Pennsylvania Centre County State College 16801

616 E College Ave Unit 306, State College, PA

This home is located at 616 E College Ave Unit 306, State College, PA 16801 and is currently priced at $360,000, approximately $369 per square foot. This property was built in 1985. 616 E College Ave Unit 306 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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