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743 Cornwall Road

743 Cornwall Road, State College, PA 16803
Property in Patton
Sold Jul 28, 2020
$300,000
$285,000 by First Heritage Financial Llc
Mortgage Due Aug 01, 2050
Sold Jul 01, 2005
$205,000
$164,000 by National City Mortgage
Mortgage Due Aug 01, 2035
743 Cornwall Road 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 1967 and is 57 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 743 Cornwall Road has 1,836 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 13,939 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 alum/vinyl siding. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 743 Cornwall Road was last sold in Jul 21, 2020 for $300,000. According to our calculations, that's $163.40 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Jun 22, 2005. Current property owners are expected to pay $4,035 in taxes per year. The property on 743 Cornwall Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $62,085. To break that down further, the land itself was valued at $11,485. While improvements to the property were assessed at a total of $50,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1967
  • Effective Year Built: 1967
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,836
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK FOREST VILLAGE
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURGHART RICE HEIKE S
  • Current Owner 2: RICE STEVEN CHRISTOPHER
  • Previous Owner : WANG JUI CHIH
  • Owner Before Previous Owner: SOKOL PAUL E
  • Owner Before Previous Owner 2: SOKOL KATHY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: State College Area School District
  • School Tax School District: STATE COLLEGE A
  • Census Tract: 011401

Geography

  • District: 18
  • Parcel: 18-012-,105-,0000-
  • Municipality: PATTON TOWNSHIP
  • Latitude: 40.8016
  • Longitude: -77.9053

    Address

  • Full Address: 743 Cornwall Rd
  • Address - House Number: 743
  • Address - Street Name: Cornwall
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: State College
  • Carrier Code: C078
  • 4-Digit Zip Code: 1428
  • Zip Code: 16803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,035
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1514
  • Valuation Date: May 10, 2023
  • Confidence Score: 81
  • Final Value: 362,023
  • High Value: 416,854
  • Low Value: 307,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $285,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $124,170
  • Market Land Value: $22,970
  • Market Improvement Value: $101,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,085
  • Assessed Land Value: $11,485
  • Assessed Improvements Value: $50,600

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11779734556
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 22, 2005
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE FINANCIAL LLC
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Park Forest Village



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Frequently Asked Questions

What neighborhood is 743 Cornwall Road located in?
The 743 Cornwall Road is a located in the neighborhood of Patton in Park Forest Village, State College.
What is the average sales price for listings in 743 Cornwall Road?
The average sales price for units in 743 Cornwall Road is $0 currently.

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