Sold for $257,500

$257,500

616 E College Ave APT 106, State College, PA 16801

1beds

625sqft

Condominium

Built in 1985

-- sqft lot

$276,900 Zestimate^®

$412/sqft

$1,152 Estimated rent

Home value

$276,900

$258,000 - $296,000

$1,152/mo

Zestimate^® history

Owner options

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$1,152/mo

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$1,152/mo

Rent Zestimate^®

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$1,628/mo

Est. payment

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$1,628/mo

Est. payment

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What's special

Great investment! One bedroom, one bath Condo in University Gateway with two tenants in place. Condo Association managed by Associated Realty as well as the condo for current owner. Across the street from PSU campus and close to downtown State College. One parking space included as well as the furniture package, range, refrigerator, dishwasher and microwave. Good closet space and first floor location with laundry nearby. Leased through August 7, 2024, at $1275/mo. and $1,500/yr. for the parking space. Easy to show.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Living Room, Kitchen, Bedroom 1, Full Bath

Heating

Forced Air, Electric

Cooling

Window Unit(s), Electric

Appliances

Included: Electric Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 625
Total interior livable area: 625 sqft
Finished area above ground: 625

Property

Parking

Total spaces: 1
Parking features: Parking Fee, Paved, Off Street

Accessibility

Accessibility features: Accessible Entrance

Features

Levels: One
Stories: 1
Pool features: None

Details

Additional structures: Above Grade
Parcel number: 36014,006,0106
Zoning: R
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick
Roof: Rubber

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $134 monthly
Subdivision: University Gateway

HOA

Has HOA: No
Amenities included: None
Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Location

Region: State College
Municipality: STATE COLLEGE BORO

Financial & listing details

Price per square foot: $412/sqft
Tax assessed value: $50,370
Annual tax amount: $1,948
Date on market: 8/1/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Range, Range Hood, Refrigerator, Dishwasher, Microwave
Ownership: Condominium

Price history

Date	Event	Price
3/29/2025	Listing removed	$1,400$2/sqft
Source: Zillow Rentals Report a problem
3/17/2025	Listed for rent	$1,400$2/sqft
Source: Zillow Rentals Report a problem
9/14/2023	Sold	$257,500-1%$412/sqft
Source: Bright MLS #PACE2507162 Report a problem
8/4/2023	Pending sale	$260,000$416/sqft
Source: Bright MLS #PACE2507162 Report a problem
8/1/2023	Listed for sale	$260,000$416/sqft
Source: Bright MLS #PACE2507162 Report a problem