Sold for $400,000

$400,000

616 E College Ave APT 204, State College, PA 16801

2beds

975sqft

Condominium

Built in 1985

-- sqft lot

$424,200 Zestimate^®

$410/sqft

$1,682 Estimated rent

Home value

$424,200

$382,000 - $475,000

$1,682/mo

Zestimate^® history

Owner options

List your home for rent

$1,682/mo

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$1,682/mo

Rent Zestimate^®

Refinance and save

$2,532/mo

Est. payment

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$2,532/mo

Est. payment

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2

Bedroom 1

Features: Flooring - Vinyl, Walk-In Closet(s)
Level: Main
Area: 216 Square Feet
Dimensions: 18 x 12

Bedroom 2

Features: Flooring - Vinyl
Level: Main
Area: 130 Square Feet
Dimensions: 13 x 10

Bathroom 1

Features: Bathroom - Tub Shower
Level: Main

Bathroom 2

Features: Bathroom - Tub Shower
Level: Main

Kitchen

Features: Breakfast Bar, Flooring - Vinyl
Level: Main
Area: 90 Square Feet
Dimensions: 10 x 9

Living room

Features: Flooring - Tile/Brick
Level: Main
Area: 224 Square Feet
Dimensions: 16 x 14

Heating

Baseboard, Electric

Cooling

Wall Unit(s), Electric

Appliances

Included: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Electric Water Heater
Laundry: Shared

Features

Dry Wall, Block Walls
Flooring: Ceramic Tile, Vinyl
Has basement: No
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 975
Total interior livable area: 975 sqft
Finished area above ground: 975

Property

Parking

Total spaces: 1
Parking features: Paved, Parking Lot

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Levels: Seven
Stories: 7
Pool features: None

Details

Additional structures: Above Grade
Additional parcels included: Parking space #6 included with sale. Currently leased at $90 per month until 8/4/2025.
Parcel number: 3614/6,204
Zoning: C
Special conditions: Standard

Construction

Type & style

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

Materials

Brick, Block
Roof: Built-Up

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available

Community & HOA

Community

Condo and coop fee: $261 monthly
Subdivision: University Gateway

HOA

Has HOA: No
Amenities included: Elevator(s), Laundry
Services included: Common Area Maintenance, Sewer, Trash, Water
HOA name: ASSOCIATE REALTY PROPERTY MANAGEMENT
Second HOA name: Arpm

Location

Region: State College
Municipality: STATE COLLEGE BORO

Financial & listing details

Price per square foot: $410/sqft
Tax assessed value: $32,305
Annual tax amount: $2,316
Date on market: 2/19/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Tenants' Property
Ownership: Condominium
Total actual rent: 31200

Price history

Date	Event	Price
5/23/2025	Sold	$400,000-2.4%$410/sqft
Source: Bright MLS #PACE2513240 Report a problem
3/28/2025	Pending sale	$409,900$420/sqft
Source: Bright MLS #PACE2513240 Report a problem
2/19/2025	Listed for sale	$409,900$420/sqft
Source: Bright MLS #PACE2513240 Report a problem
12/7/2020	Listing removed	$575$1/sqft
Source: Owner Report a problem
11/15/2020	Listed for rent	$575$1/sqft
Source: Owner Report a problem