NOT LISTED FOR SALE

Estimated Value: $233,000 - $280,659

Studio
2 Baths
2,139 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2025

Last sale price $226,000 $106 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,722 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • Wood Ceilings
  • Paneling
  • 4 Car Detached Garage
  • Enclosed Patio or Porch
  • 2 Attached Carport Spaces

About This Home

As of February 2025

This 1.5-story, 2-unit property is a prime investment opportunity near Bellefonte Area High School and Middle School, offering strong rental potential and convenience for tenants. The main floor unit includes three bedrooms, a living room, dining room, kitchen, enclosed porch, full bath, and basement access, all with charming hardwood floors. The second-floor unit features a one-bedroom layout with a full bath, kitchen, living area, large cedar closet, and an enclosed porch. The basement is accessible via a locked exterior entrance for the second-floor tenant. The property has newer energy-efficient windows throughout, and a gas furnace installed in 2022 for efficient first-floor heating. The full, unfinished basement provides shared storage, separate electric hot water heaters, and includes separate washer and dryer hookups for each unit. The two units have a shared two-car carport. The property earns additional income from a 4-bay garage adding to the property's appeal. The owner covers water, sewer, and refuse, while tenants handle all other utilities. This well-located property offers practical updates, tenant-friendly features, and excellent investment potential in the heart of Bellefonte.

Last Agent to Sell the Property

Mandee Davis

(814) 357-2371 cormanhomesales@melissasieg.com Corman Homes Sales & Property Management License #RS304100 Listed on: 12/13/2024

Co-Listed By

Melissa Sieg

(814) 357-2371 cormanhomesales@melissasieg.com Corman Homes Sales & Property Management License #RM422264

Last Buyer's Agent

Melissa Sieg

(814) 357-2371 cormanhomesales@melissasieg.com Corman Homes Sales & Property Management License #RM422264

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Car Detached Garage
  • 2 Attached Carport Spaces
  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Wood Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Paneling
  • Wood Ceilings
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Bellefonte Elementary School
  • Bellefonte Area Middle School
  • Bellefonte Area High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • 2-Story Building
  • Bellefonte Borough Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32-203-,104-,0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,301

Year Built

Built in 1930

Lot Details

10,019 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant possessions
  • Inclusions: Range x2, Refrigerator x2
  • New Construction: No
  • Expected On Market: 2024-12-13
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Wood Floors, Carpet
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Wood Ceilings, Wood Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3502
  • Living Area Sq Ft: 2139
  • Price Per Sq Ft: 109.82
  • Above Grade Finished Sq Ft: 2139
  • Below Grade Sq Ft: 1363
  • Total Below Grade Sq Ft: 1363
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Block, Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Parking, Paved Driveway, Private
  • Garage Features: Covered Parking
  • Attached Carport Spaces: 2
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLEFONTE
  • High School: BELLEFONTE AREA
  • Middle Or Junior School: BELLEFONTE AREA

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Property Condition: Average
  • Zoning: R

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2213.38
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3300.94
  • Assessor Parcel Number: 32-203-,104-,0000-
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: BELLEFONTE AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
Mandee Davis
Corman Homes Sales & Property Management
Buyer's Agent
Melissa Sieg
Corman Homes Sales & Property Management
List Price
$234,900
Sold Price
$226,000
Premium/Discount to List
-$8,900
-3.79%
Views
13
Current Estimated Value
$262,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,165
Avg. Annual Appreciation
10.48%
Original Mortgage
$180,000
Outstanding Balance
$177,295
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$84,870

Purchase Details

Closed on
Sep 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 1994
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bellefonte, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$226,000 None Listed On Document
-- None Listed On Document
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $226,000 -3.8% $106 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $234,900 -- $110 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,379 $40,725 $7,500 $33,225
2025 $3,320 $40,725 $7,500 $33,225
2024 $3,158 $40,725 $7,500 $33,225
2023 $3,158 $40,725 $7,500 $33,225
2022 $3,120 $40,725 $7,500 $33,225
2021 $3,088 $40,725 $7,500 $33,225
2020 $3,088 $40,725 $7,500 $33,225
2019 $3,067 $40,725 $7,500 $33,225
2018 $2,966 $40,725 $7,500 $33,225
2017 $2,916 $40,725 $7,500 $33,225
2016 $870 $40,725 $7,500 $33,225
2015 $870 $40,725 $7,500 $33,225
2014 $870 $40,725 $7,500 $33,225
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PACE2512646

Bright MLS

APN: 32-203-104-0000

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