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2260 Red Oak Lane

2260 Red Oak Lane, State College, PA 16803
Property in Ferguson
Sold Sep 14, 2020
$500,000
$450,000 by Citizens Bank Na
Mortgage Due Oct 01, 2050
Sold Sep 14, 2020
$500,000
2260 Red Oak Lane has been categorized by the local assessors in State College, PA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2260 Red Oak Lane has 3,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 17,860 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2260 Red Oak Lane sold most recently in Aug 25, 2020 for a total of $500,000. If you work out the math, that's approximately a cost of $165.13 per sqft. Before that, the property was also sold for $500,000 in Jun 29, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $7,387 in taxes each year. 2260 Red Oak Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,550. If we break it down further, the land itself was valued at $24,560. Improvements to the property, however, were assessed at a total of $102,990. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 3,028
  • Building Area: 3,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,028
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT RIDGE RESIDENTIAL DEVELOPMENT
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRAZIER BARBARA
  • Current Owner 2: FRAZIER STEPHEN TYLER
  • Previous Owner : BGRS LLC
  • Owner Before Previous Owner: ODONNELL SEAN B
  • Owner Before Previous Owner 2: ODONNELL CAITLIN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: State College Area School District
  • School Tax School District: STATE COLLEGE A
  • Census Tract: 011903

Geography

  • District: 24
  • Parcel: 24-422-,161-,0000-
  • Municipality: FERGUSON TOWNSHIP
  • Latitude: 40.7906
  • Longitude: -77.9113

    Address

  • Full Address: 2260 Red Oak Ln
  • Address - House Number: 2260
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: State College
  • Carrier Code: C075
  • 4-Digit Zip Code: 3386
  • Zip Code: 16803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,387
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: May 10, 2023
  • Confidence Score: 74
  • Final Value: 627,511
  • High Value: 746,654
  • Low Value: 508,369

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $255,100
  • Market Land Value: $49,120
  • Market Improvement Value: $205,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,550
  • Assessed Land Value: $24,560
  • Assessed Improvements Value: $102,990

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11788242404
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 14, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Park Forest Village



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Frequently Asked Questions

What neighborhood is 2260 Red Oak Lane located in?
The 2260 Red Oak Lane is a located in the neighborhood of Ferguson in Park Forest Village, State College.
What is the average sales price for listings in 2260 Red Oak Lane?
The average sales price for units in 2260 Red Oak Lane is $0 currently.

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