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$849,000

Beds
5
Baths
4.5
sq ft
3,574

401 S Gill St, State College, PA 16801

401 S Gill St

STATE COLLEGE, PA 16801

  • 107 days on market
Nestled in the prestigious Holmes-Foster neighborhood, this Tudor Revival home seamlessly combines historical charm with modern luxury, following an extensive top-to-bottom renovation. Upon entering through the solid wood front door, guests are welcomed into a spacious living area adorned with handsome hardwood flooring, intricate woodwork, and a cozy wood-burning fireplace, leading to a bright and sunny library/music room with built-in bookshelves and an abundance of windows. The home boasts a new dream kitchen with custom cabinetry, granite countertops, tile backsplash, induction range, and a pantry, alongside a spacious dining room perfect for hosting gatherings. The upper floors reveal a luxurious owner's suite with a spa-like bathroom, heated floors, tile shower, custom vanities and dressing room, alongside two additional bedrooms with stylish ensuite baths. The third floor offers versatile space, perfect for use as a family room, flex space, or additional bedrooms, along with a full bath. This level provides spectacular views and endless possibilities for customization. Modern comforts include numerous mini-split heat pumps, gas heat, and updated windows. Featuring a fenced-in yard and a single-car garage with potential for effortless conversion into a two-car space. This gem, rewired and replumbed, and crowned with a new roof stands high on a hill close to parks, schools, downtown State College, and Penn State.

Details

Property type

Single Family Residence

Est. home value

$874,049

Lot size

0.28 acres

Price per sq ft

$238

Year built

1925

Annual property taxes

$8,878.05

HOA

No

Price History

09/06/2024
Bright

Bright #PACE2510538

Listed
$849,000
-2.3%
06/12/2024
Bright

Bright #PACE2509262

Removed
$869,000
03/04/2024
Bright

Bright #PACE2509262

Listed
$869,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

STATE COLLEGE AREA

Community features: 

Sidewalks

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

$495,034
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$286,046
Cash to seller
$495,034

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

Seller’s Loan History

Lender

Fnmc

Loan start date

January 2007

Original loan amount

$457,500

Est. remaining balance

$286,046

Interest rate

6.24%

Loan type

Not Provided, 30 year

Seller

Steven J Schiff and Eleanor L Schiff

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: 12/22/2024 at 9:55 AM

Listing updated: 11/18/2024 at 8:49 AM

Listed by: Beth Richards, Kissinger, Bigatel & Brower Phone #: (814) 234-4000

MLS: Bright #PACE2510538

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