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624 Locust Lane

624 Locust Lane, State College, PA 16801
Property in State College
Sold Aug 05, 2005
$206,000
$164,800 by Nittany Bank
Mortgage Due Sep 01, 2035
624 Locust 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 1930 and is 94 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 624 Locust Lane has 1,678 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,227 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. The exterior walls of the building are made of rock and stone. In terms of heating, it is utilizing a hot water heating system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 624 Locust Lane was last sold in Jul 25, 2005 for $206,000. According to our calculations, that's $122.77 per sqft. Current property owners are expected to pay $4,646 in taxes per year. The property on 624 Locust Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $63,005. To break that down further, the land itself was valued at $9,845. While improvements to the property were assessed at a total of $53,160. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,678
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STUMP MICHAEL
  • Previous Owner : GRIFFIN MONTY J
  • Previous Owner 2: GRIFFIN CARLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: State College Area School District
  • School Tax School District: STATE COLLEGE A
  • Census Tract: 012000

Geography

  • District: 36
  • Parcel: 36-018-,064-,0000-
  • Municipality: STATE COLLEGE BOROUGH
  • Latitude: 40.7929
  • Longitude: -77.8522

    Address

  • Full Address: 624 Locust Ln
  • Address - House Number: 624
  • Address - Street Name: Locust
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: State College
  • Carrier Code: C010
  • 4-Digit Zip Code: 5421
  • Zip Code: 16801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,646
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: May 10, 2023
  • Confidence Score: 71
  • Final Value: 441,897
  • High Value: 533,776
  • Low Value: 350,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,800
  • First Open Lien Mortgage Lender: NITTANY BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $164,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $126,010
  • Market Land Value: $19,690
  • Market Improvement Value: $106,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,005
  • Assessed Land Value: $9,845
  • Assessed Improvements Value: $53,160

    Sales

  • Current Sale Contract Date: Jul 25, 2005
  • Current Sale Recording Date: Aug 05, 2005
  • Current Sale Transaction ID: 1128651382
  • Current Sale Price: $206,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 000479

    Last Sale Mortgage

  • First Mortgage Lender: NITTANY BANK
  • First Mortgage Transaction Date: Aug 05, 2005
  • First Mortgage Loan Amount: $164,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 624 Locust Lane located in?
The 624 Locust Lane is a located in the neighborhood of State College in State College, State College.
What is the average sales price for listings in 624 Locust Lane?
The average sales price for units in 624 Locust Lane is $0 currently.

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