NOT LISTED FOR SALE

401 Oley St Reading, PA 19601

Estimated Value: $443,000 - $502,460

5 Beds
5 Baths
7,249 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $450,000 $62 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,941/month

Highlights

  • Colonial Architecture
  • No HOA
  • Level Entry For Accessibility
  • Attic
  • Living Room
  • 3-minute walk to Centre Park

About This Home

As of December 2024

Please take a look at this majestic 5 bed , 4 bath palatial property in the Centre Park area of Reading . Recently restored back to its original form. Enter the Grand Foyer, which leads to a large gourmet chef's kitchen, living room with fireplace , and other family rooms, and dining rooms. The property is zoned residential but could be converted to mixed use, or could be wonderful for offices or shared workspace. The carriage house has been converted into a huge open space and offices. Home also has a full 3rd floor that could be used for additional bedrooms/living space or converted to offices. The basement runs the full lenth of the property with walk up and out access. Could be used for ample storage or even additional offices. Property is on two parcels, both are included in the sale, they total almost a half acre. Out back there's a large parking area plus a large playground/yard area ideal for play and entertaining. Selling contact is a 3rd party equitable owner. Please call or email us for any questions of offers. Please ask for the Corporate Addendum to be signed and sent with any offers. PROPERTY ALSO INCLUDES PARCEL 14-5307-58-74-3292

Last Agent to Sell the Property

Garrett Norton

(484) 580-9510 gnortonrealty@gmail.com Tesla Realty Group, LLC License #RS289967 Listed on: 10/28/2024

Tesla Realty Group, LLC

Last Buyer's Agent

Jimmy Thelusca

(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622

Pagoda Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,267

Year Built

  • Built in 1910

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 7,249 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3196
  • Assessor Parcel Number 14-5307-58-74-3196

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,267

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Please take a look at this majestic 5 bed , 4 bath palatial property in the Centre Park area of Reading . Recently restored back to its original form. Enter the Grand Foyer, which leads to a large gourmet chef's kitchen, living room with fireplace , and other family rooms, and dining rooms. The property is zoned residential but could be converted to mixed use, or could be wonderful for offices or shared workspace. The carriage house has been converted into a huge open space and offices. Home also has a full 3rd floor that could be used for additional bedrooms/living space or converted to offices. The basement runs the full lenth of the property with walk up and out access. Could be used for ample storage or even additional offices. Property is on two parcels, both are included in the sale, they total almost a half acre. Out back there's a large parking area plus a large playground/yard area ideal for play and entertaining. Selling contact is a 3rd party equitable owner. Please call or email us for any questions of offers. Please ask for the Corporate Addendum to be signed and sent with any offers. PROPERTY ALSO INCLUDES PARCEL 14-5307-58-74-3292
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Outside Entrance, Walkout Level
  • Total Sq Ft: 7249
  • Living Area Sq Ft: 7249
  • Price Per Sq Ft: 62.08
  • Above Grade Finished Sq Ft: 7249
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Multi Units
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 112
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.50
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 3391.00
  • Tax Annual Amount: 8267.00
  • Assessor Parcel Number: 14-5307-58-74-3196
  • Tax Lot: 3196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/20/2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 20, 2024
Sold by
Bynes Tishina and Bynes Kevin E
Bought by
Gibbs Paul and Heyliger Jonai A
Seller's Agent
Garrett Norton
Tesla Realty Group, LLC
Buyer's Agent
Jimmy Thelusca
Pagoda Realty
List Price
$450,000
Sold Price
$450,000
Views
4
Current Estimated Value
$475,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,865
Avg. Annual Appreciation
6.18%
Original Mortgage
$459,675
Outstanding Balance
$456,874
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$13,825

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 31, 2022
Sold by
Hollinger and Erika
Bought by
Bynes Tishina and Bynes Kevin E
Seller's Agent
Jeroen Harmsen
RE/MAX Of Reading
Buyer's Agent
Amy Patterson
RE/MAX Properties - Newtown
List Price
$499,777
Sold Price
$485,000
Premium/Discount to List
-$14,777
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.19%
Original Mortgage
$493,487
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Cjd Group Llc
Bought by
Hollinger Anthony and Hollinger Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2013
Sold by
Berks County Tax Claim Bureau
Bought by
Cjd Group Llc

Purchase Details

Closed on
Jul 8, 2013
Sold by
Blp1 Llc
Bought by
Blp1 Llc

Purchase Details

Closed on
Jan 8, 2013
Sold by
Talarico Christina
Bought by
Blpi Llc and Sovereign Bank

Purchase Details

Closed on
Aug 26, 2005
Sold by
Herbein Carl D and Herbein Kathleen D
Bought by
Talarico Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Herbein Carl D and Herbein Kathleen D
Bought by
Herbein Kathleen D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibbs Paul $450,000 None Listed On Document
Gibbs Paul $450,000 None Listed On Document
Bynes Tishina $485,000 --
Hollinger Anthony $200,000 None Available
Cjd Group Llc $69,300 None Available
Blp1 Llc -- None Available
Blpi Llc $1,700 None Available
Talarico Christina $650,000 --
Herbein Kathleen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Paul $459,675
Closed Gibbs Paul $459,675
Previous Owner Bynes Tishina $493,487
Previous Owner Hollinger Anthony $348,750
Previous Owner Hollinger Anthony $55,000
Previous Owner Hollinger Anthony $300,000
Previous Owner Cjd Group Llc $250,000
Previous Owner Talarico Christina $514,000
Previous Owner Talarico Christina $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $450,000 0.0% $62 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $450,000 -7.2% $62 / Sq Ft
08/31/2022 08/31/22 Sold $485,000 0.0% $67 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/23/2022 07/23/22 Off Market $485,000 -- --
06/21/2022 06/21/22 For Sale $499,777 -- $69 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,133 $189,100 $19,400 $169,700
2024 $8,397 $189,100 $19,400 $169,700
2023 $8,267 $189,100 $19,400 $169,700
2022 $8,267 $189,100 $19,400 $169,700
2021 $8,267 $189,100 $19,400 $169,700
2020 $8,183 $189,100 $19,400 $169,700
2019 $8,183 $189,100 $19,400 $169,700
2018 $8,183 $189,100 $19,400 $169,700
2017 $8,130 $189,100 $19,400 $169,700
2016 $4,644 $189,100 $19,400 $169,700
2015 $4,644 $317,400 $41,000 $276,400
2014 $7,173 $317,400 $41,000 $276,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2050376

Bright MLS

APN: 14-5307-58-74-3196