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$1,050,000

Beds
5
Baths
4.0
sq ft
4,260

118 Chippendale Ln, Port Matilda, PA 16870

118 Chippendale Ln

PORT MATILDA, PA 16870

  • 147 days on market
    • Price drop $45,000↓
The extraordinary combination of quality and elegance that you will find at 118 Chippendale Lane is exactly what you have been looking for. This beautiful custom designed and built property not only offers all of the features that you want in a luxury home, it also offers you the entertaining paradise for family and friends with the gorgeous inground pool, full length, maintenance free rear deck that is partially covered and includes a complete outdoor kitchen and pergola. Just off of the rear deck you will love the outdoor fireplace/pizza oven while enjoying your daily staycation! The huge rear deck also includes an outdoor shower and access to the first floor half bath. Once inside of this one of a kind home, you will fall in love with the gleaming hardwood floors throughout the open floor plan on not only the first floor but throughout the second floor as well. The huge family room offers 18' ceilings, a floor to ceiling brick fireplace and lots of windows to bring in the natural light. The gourmet kitchen is a chef's dream with all of the custom cabinetry, upgraded stainless steel appliances including the double oven. All of the counter tops are granite and the spacious island gives you the option of more work space or the ability to eat-in as well. The first floor laundry includes a newer washer and dryer with a second staircase to access the second floor. The living room in the front area of the house includes a beautiful wet/dry bar with granite tops that will allow your own private use or a real plus for entertaining family and friends. The first floor also includes a wonderful owners suite with a custom designed walk-in closet and full owners bath with double vanity, whirlpool tub and large separate shower. The second floor boasts a beautiful loft area overlooking the huge family room and there are 4 additional bedrooms and 2 full bathes. 3 of the 4 bedrooms include hardwood flooring and all bathrooms have ceramic tile floors. The bonus room or 5th bedroom is very spacious and allows for many uses. This room also includes 2 skylights and high ceilings. The huge unfinished basement of this wonderful home is set up with an area that makes a great workout area or workshop. There is a half bath in the basement and there is also a stairway to the garage for ease of moving things in and out. The owner has just replaced the outdoor a/c unit in May of 2024. The sale will include all of the pool equipment as well as the child safety fence stored in the pool house. The storage shed in the back corner of the yard will also remain and there is electric to that outbuilding. Don't hesitate, you won't want to miss this extraordinary property!

Details

Property type

Single Family Residence

Est. home value

$983,938

Lot size

1.13 acres

Price per sq ft

$247

Year built

2002

Annual property taxes

$11,500

Monthly HOA fee

$12.5

Price History

02/14/2025
Bright

Bright #PACE2512100

Price change
$1,050,000
-12.13%
10/08/2024
Bright

Bright #PACE2511504

Removed
$1,195,000
+9.13%
10/08/2024
Bright

Bright #PACE2512100

Listed
$1,095,000
-8.37%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

STATE COLLEGE AREA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$272,616
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$693,384
Cash to seller
$272,616

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Northwest Bank

Loan start date

October 2021

Original loan amount

$750,000

Est. remaining balance

$693,384

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

John E Broome Jr and Lauren R Coleman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:05 AM

Listing updated: 02/24/2025 at 10:19 AM

Listed by: Greg Copenhaver, RE/MAX Centre Realty Phone #: (814) 231-8200

MLS: Bright #PACE2512100

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