$278,500
SOLD JAN 31, 2025

534 Centre Ave Reading, PA 19601

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

6% Above List Price

3 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Second & Oley Playground
  • 1 Car Detached Garage

About This Home

As of January 2025

Discover the charm and potential of this historic multi-family property, currently zoned for two units but featuring three distinct living spaces. This home is perfect for both investors and owner-occupants, offering a versatile layout across three finished floors and an oversized 1-car garage. Enjoy a flexible living arrangement with character-filled spaces. The third-floor 2-bedroom unit can easily be converted into 3 bedrooms. The second-floor unit features 10' raised ceilings, a large kitchen with a pantry, a living room with a fireplace (non-functional), and a wrap-around deck (in need of repair). The first floor, previously a café, is now a cozy 1-bedroom apartment with an oversized bathroom featuring a hot tub. The property also boasts front and back porch access, a garage, and a charming side yard with a koi pond. Don't miss this rare opportunity to own a piece of history in the historic district. Step back in time and enjoy the unique character and versatile living spaces this property offers. Buyers are responsible for checking with the city about all zoning requirements surrounding the historic district and conversion from 2 to 3 units. With no current tenants or leases, this property is ready for immediate possession.

Last Agent to Sell the Property

Renee Zohner

(484) 269-2937 renee.zohner@cbhomes.com Coldwell Banker Realty License #RS339052 Listed on: 12/29/2024

Coldwell Banker Realty

Last Buyer's Agent

HERNAN DELGADO

(484) 450-8771 hernandelgadoguzman@gmail.com Iron Valley Real Estate of Berks License #RS366446

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Shelving

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Centre Park Histor Subdivision

Listing and Financial Details

  • Tax Lot 3473
  • Assessor Parcel Number 14-5307-66-73-3473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,374

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Basement: pool table, blue wood shelves, steel table, filing cabinets, shelves in laundry room, and dryer. 1st floor: marble top, wooden floor shelf, hot tub, glass shelves, armoires and bureau, cedar closet at the top of the steps, 2nd floor: desk and a
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the charm and potential of this historic multi-family property, currently zoned for two units but featuring three distinct living spaces. This home is perfect for both investors and owner-occupants, offering a versatile layout across three finished floors and an oversized 1-car garage. Enjoy a flexible living arrangement with character-filled spaces. The third-floor 2-bedroom unit can easily be converted into 3 bedrooms. The second-floor unit features 10' raised ceilings, a large kitchen with a pantry, a living room with a fireplace (non-functional), and a wrap-around deck (in need of repair). The first floor, previously a café, is now a cozy 1-bedroom apartment with an oversized bathroom featuring a hot tub. The property also boasts front and back porch access, a garage, and a charming side yard with a koi pond. Don't miss this rare opportunity to own a piece of history in the historic district. Step back in time and enjoy the unique character and versatile living spaces this property offers. Buyers are responsible for checking with the city about all zoning requirements surrounding the historic district and conversion from 2 to 3 units. With no current tenants or leases, this property is ready for immediate possession.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Shelving, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 4124
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2024
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1766.00
  • Tax Annual Amount: 4374.00
  • Assessor Parcel Number: 14-5307-66-73-3473
  • Tax Lot: 3473
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/31/2025

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2024
Closed on
Jan 15, 2025
Sold by
Boyer Brian S and Boyer Deborah A
Bought by
Chlosenu Llc
Seller's Agent
Renee Zohner
Coldwell Banker Realty
Buyer's Agent
HERNAN DELGADO
Iron Valley Real Estate of Berks
List Price
$262,000
Sold Price
$278,500
Premium/Discount to List
$16,500
6.3%
Views
62
Current Estimated Value
$297,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,410
Avg. Annual Appreciation
6.37%
Original Mortgage
$222,800
Outstanding Balance
$221,626
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$68,103

Purchase Details

Closed on
Jun 24, 2008
Sold by
Chadwick Bruce W and Chadwick Monique
Bought by
Boyer Brian S and Boyer Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,689
Interest Rate
6.07%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $278,500 None Listed On Document
Deed $167,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,800 New Conventional
Previous Owner $161,689 FHA
Previous Owner $161,689 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $278,500 +6.3% --
01/01/2025 01/01/25 Pending -- -- --
12/29/2024 12/29/24 For Sale $262,000 -- --
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 $2,673 $98,500 $46,400 $52,100
2024 $4,374 $98,500 $46,400 $52,100
2023 $4,306 $98,500 $46,400 $52,100
2022 $4,306 $98,500 $46,400 $52,100
2021 $4,306 $98,500 $46,400 $52,100
2020 $4,263 $98,500 $46,400 $52,100
2019 $4,263 $98,500 $46,400 $52,100
2018 $4,263 $98,500 $46,400 $52,100
2017 $4,235 $98,500 $46,400 $52,100
2016 $2,419 $98,500 $46,400 $52,100
2015 $2,419 $98,500 $46,400 $52,100
2014 $2,226 $98,500 $46,400 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2052112

Bright MLS

APN: 14-5307-66-73-3473