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634 Southgate Drive

634 Southgate Drive, State College, PA 16801
Property in State College
Sold Aug 07, 2019
$1,367,280
$2,480,000 by Northwest Bank
Mortgage
634 Southgate Drive in State College, PA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 634 Southgate Drive has 1,240 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,356 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. 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, 634 Southgate Drive sold most recently in Jul 25, 2019 for a total of $1,367,280. If you work out the math, that's approximately a cost of $1,102.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,018 in taxes each year. 634 Southgate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,815. If we break it down further, the land itself was valued at $13,815. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 1,240
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARMAGH CONDOMINIUM
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HIDEAWAY PARTNERS 610 LLC
  • Previous Owner : KLINE SANDRA A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: State College Area School District
  • School Tax School District: STATE COLLEGE A
  • Census Tract: 012800

Geography

  • District: 36
  • Parcel: 36-020-,199D,0634-
  • Municipality: STATE COLLEGE BOROUGH
  • Latitude: 40.7744
  • Longitude: -77.8582

    Address

  • Full Address: 634 Southgate Dr
  • Address - House Number: 634
  • Address - Street Name: Southgate
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: State College
  • Carrier Code: C024
  • 4-Digit Zip Code: 4345
  • Zip Code: 16801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,018
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: May 10, 2023
  • Confidence Score: 71
  • Final Value: 173,029
  • High Value: 209,005
  • Low Value: 137,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,480,000
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $2,480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $27,630
  • Market Land Value: $27,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,815
  • Assessed Land Value: $13,815

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11637638102
  • Current Sale Price: $1,367,280
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $2,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 634 Southgate Drive located in?
The 634 Southgate Drive is a located in the neighborhood of State College in State College, State College.
What is the average sales price for listings in 634 Southgate Drive?
The average sales price for units in 634 Southgate Drive is $0 currently.

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