$360,000
SOLD JAN 28, 2025
2 Beds
1.5 Baths
816 Sq Ft
$287/mo HOA Fee

Recently Sold

$441 Per Sq Ft

8% Below List Price

42 Days on Market

Highlights

  • Penthouse
  • Traditional Architecture
  • Laundry Facilities
  • Easterly Parkway Elementary School Rated A
  • Electric Baseboard Heater
  • 3-minute walk to Sidney Friedman Park

About This Home

As of January 2025

Fully leased through July 2025 - Looking to start or expand your student rental portfolio in State College/PSU, than this exceptional opportunity is for you. New LVP flooring and new bathrooms fixtures/flooring , this unit is ready to go. Located in the heart of downtown and everything PSU student related. Very strong rental history.

Last Agent to Sell the Property

David Fonash

Continental Real Estate Management License #RS329103

Last Buyer's Agent

Krissy Bonson

Kissinger, Bigatel & Brower License #RS326351

Kissinger, Bigatel & Brower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1983

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • 816 Sq Ft Home
  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • State College Area High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 36-012-,068-,0703-

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, sewer, snow removal, trash
  • Mid-Rise Condominium
  • Beaver Plaza Subdivision
  • Property Manager
  • Property has 7 Levels

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,377

Year Built

Built in 1983

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Fully leased through July 2025 - Looking to start or expand your student rental portfolio in State College/PSU, than this exceptional opportunity is for you. New LVP flooring and new bathrooms fixtures/flooring , this unit is ready to go. Located in the heart of downtown and everything PSU student related. Very strong rental history.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Fireplace: No
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 816
  • Living Area Sq Ft: 816
  • Price Per Sq Ft: 453.43
  • Above Grade Finished Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 222

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 287.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: STATE COLLEGE AREA
  • High School: STATE COLLEGE AREA
  • High School Source: 3rd Party
  • School District Key: 801909430994
  • School District Source: 3rd Party
  • High School: STATE COLLEGE AREA

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1535.00
  • Tax Annual Amount: 2377.00
  • Assessor Parcel Number: 36-012-,068-,0703-
  • Tax Total Finished Sq Ft: 816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/28/2025

MLS Schools

  • School District Name: STATE COLLEGE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2009
Sold by
Stermer James F
Bought by
Lu En Di
Total Days on Market
42
Current Estimated Value
$245,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$802,340
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$556,474

Map

Range of Values:

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Average Value
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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 $1,550,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Future Advance Clause Open End Mortgage
Previous Owner $533,249 Unknown
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $360,000 -2.7% $441 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/04/2024 12/04/24 Price Changed $370,000 -5.1% $453 / Sq Ft
11/06/2024 11/06/24 For Sale $390,000 -- $478 / Sq Ft
Source: Bright MLS

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 $1,852 $22,690 $7,500 $15,190
2024 $1,673 $22,690 $7,500 $15,190
2023 $1,673 $22,690 $7,500 $15,190
2022 $1,638 $22,690 $7,500 $15,190
2021 $1,638 $22,690 $7,500 $15,190
2020 $1,638 $22,690 $7,500 $15,190
2019 $1,426 $22,690 $7,500 $15,190
2018 $1,552 $22,690 $7,500 $15,190
2017 $1,536 $22,690 $7,500 $15,190
2016 -- $22,690 $7,500 $15,190
2015 -- $22,690 $7,500 $15,190
2014 -- $22,690 $7,500 $15,190
Source: Public Records

Source: Bright MLS

MLS Number: PACE2512342

Bright MLS

APN: 36-012-068-0201