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2007 Halfmoon Valley Rd, Port Matilda, PA, 16870

2beds
2baths
1,124sqft
$299,000
$266price/sqft
$2,080/moest. monthly cost
$83,200/yrincome needed

About This Home

Completely renovated and move-in ready! Nestled in the charming village of Stormstown, just 10 minutes from State College, this beautifully updated farmhouse blends modern finishes with the charm of country living. Situated on 0.31 acres with a peaceful backyard overlooking neighboring farmland, this home has been thoughtfully renovated from top to bottom. Exterior improvements include new vinyl siding, gutters, downspouts, and replacement windows (with the exception of the front two). Inside, you’ll find a bright and inviting living room with hardwood floors that flows seamlessly into the dining area, all complemented by fresh paint and updated lighting throughout. The redesigned kitchen features a vaulted ceiling, white cabinetry, quartz countertops, luxury vinyl plank flooring, and a full suite of stainless steel appliances. The main level also offers a convenient laundry/mudroom and a beautifully renovated full bath with tile flooring, a pedestal sink, and a tub/shower combination. Upstairs, you’ll find two spacious bedrooms and a second updated full bath featuring a walk-in shower. Additional improvements include a new heat pump with central air conditioning, updated plumbing and electrical, a sand mound septic system installed in 2022, and ample off-street parking. The refrigerator, range, dishwasher, washer, and dryer are all included. Currently operating as a successful short-term rental, this property offers excellent income potential while remaining equally well suited as a primary residence, weekend getaway, or Penn State game-day retreat. Whether you’re looking for your next home or an investment opportunity, this turnkey property offers the best of both worlds in a peaceful setting just minutes from everything State College has to offer.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
Gray's Woods El SchoolGrades K-53.1 mi
9/10
10/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Other
  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse/National Folk,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom1

  • Level: Upper
  • Area: 180
  • Dimensions: 12 X 15

Bedroom2

  • Level: Upper
  • Area: 96
  • Dimensions: 8 X 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Features

  • Dining Area
  • Finished area below ground: 0
  • Finished area above ground: 1,124

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,124
  • Total interior livable area: 1,124 sqft

Kitchen

  • Level: Main
  • Area: 132
  • Dimensions: 11 X 12

Laundry

  • Level: Main
  • Area: 96
  • Dimensions: 6 X 16

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 12 X 15

Other

  • Level: Main
  • Area: 35
  • Dimensions: 7 X 5

Other

  • Level: Upper
  • Area: 40
  • Dimensions: 8 X 5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 17003A,006,0000
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.31 Acres
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Winter Weather

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$86$1,032
Property Taxes $259$3,108
Electricity $224$2,692
Total$2,080$24,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,314/yr
40% on housing$62,400/yr
45% on housing$55,466/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 16870$218
Centre County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 16870$254
Centre County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$299,000
2025-01-29Listing removed--
2025-01-20Price change$300,000
2025-01-15Price change$315,000
2025-01-09Listed for sale$325,000
2023-03-07Listing removed--
2022-09-02Sold$225,000
2022-09-02Pending sale$225,000
2022-09-02Listing removed--
2022-07-28Pending sale$225,000
2022-07-20Listed for sale$225,000
2021-07-20Sold$25,000
2021-06-11Price change$39,900
2021-05-12Listed for sale$49,900

For Sale by Agent

AgentSarah Schroeder
BrokerageKissinger, Bigatel & Brower

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