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Real Estate for
Retirement
Active Adult Living
Master Planned
Retirement Development
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| Situated in the
very center of Pennsylvania and tucked in the
Nittany Valley's wooded, rolling hills, the
appealing hamlet of Bellefonte (population
6,500) is primarily known for its striking
Victorian architecture. An old
iron-producing town, it was founded in 1795 and
is just ten miles northeast of State College
(population 40,000), the home of Pennsylvania
State University (44,000 students). Yet in
many ways, Bellefonte is a million miles
away. Life here is quiet and steady
and springs from solid working-class values
(although white collar workers live here,
too). The streets are safe; the townsfolk
are friendly and the pretty tableaus are unique
(it may be no surprise that numerous artists,
particularly painters and photographers, have
also discovered Bellefonte). In contrast
to nearby State College, the locals are a mature
bunch, with nearly 40% of the population age 45
or better. Another nice perk is that
the cost of living is 12% below the national
average. |
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While during the middle of the
20th-century many U.S. towns and cities were leveling their
historic buildings to make way for modern structures,
Bellefonte was preserving its architectural
heritage. Downtown streets lined with handsome,
exquisitely-restored Victorian homes and limestone
commercial buildings are what first impress when arriving
here, and it is easy to imagine for just a bit that the
21st-century has been left behind. Queen Anne,
Renaissance Revival and Eastlake architectural styles are
common and hark to an earlier era. Curtin and Linn
streets are perhaps the most desirable areas, boasting
large, colorful 19th-century homes with wrap around porches,
dormer windows, mansard roofs
and turrets. Just a block away, on Lamb
Street, 1890s working-class rowhouses in the Folk Victorian
style are found. Not all residences, however,
are more than 110 years old. In many
neighborhoods, including Parkview Heights, newer homes are
prevalent, and on the edges of town, there are brand new
residences. There are also some condos and town
homes. The median home price is
$151,000, below the national median price, but expect to pay
in the mid-$100,000s to low-$200,000s for a nice
home. There really are no "bad"
neighborhoods, but generally residences on the north side of
town are in a little better shape.
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Real estate taxes average roughly 1.5% of a property's fair
market value. Rebates of paid
property tax or rent, up to a maximum of $650 per year, are
available. To qualify, annual household income
must not exceed $35,000, excluding Social Security income.
Pennsylvania does not tax retirement income after age 59 1/2 if
the resident is actually retired. The sales tax is 6%.
This is an
interactive map. Click on the arrows in the upper left hand
corner to move the map to the East, West, North or South, and click
(more than once if necessary) on the +/- signs to zoom in
and out.
Bellefonte's
downtown has cute, locally owned shops, and good restaurants are
easy to find. The gorgeous Gamble Mill Tavern, an imposing
1892 iron mill, made of red brick and three stories tall, has been
lovingly restored and is probably the town's finest dining
establishment and a delight (the owners like to note that it was
the first Bellefonte building to be placed on the National
Register of Historic Places). Jim's Italian Cuisine, a cozy
eatery hidden off an alley, also receives rave
reviews. The
Bellefonte Historical and Cultural Association (BHCA) is
responsible for maintaining the town's architectural integrity,
and its walking tour is a fun way to soak up Bellefonte's history
(the BHCA is also a rewarding place to volunteer).
Many of the town's structures were erected in a post-Civil War
building boom, and the impressive Bush House Hotel was one of the
first hotels in the country to have electric lights (the hotel,
unfortunately, burned to the ground in 2006). The 1890
Garman House is today a movie house, with some theatrical
performances, but was once host to Houdini, George Burns and
Gracie Allen.
Bellefonte,
Pennsylvania, Continued....
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