NOT LISTED FOR SALE

557 Centre Ave Reading, PA 19601

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 08, 2013

Last sale price $120,000

246 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 5-minute walk to Centre Park
  • Hot Water Heating System

About This Home

As of February 2013

Beautiful solid stone multi-unit right in the heart of the city. Walk to it all! Close to shopping. This is a must see!

Last Agent to Sell the Property

Ray Berdiner

laura@lebanonhomesonline.com RE/MAX Cornerstone Listed on: 05/10/2012

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Flooring

  • Wall to Wall Carpet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5510
  • Assessor Parcel Number 14-5307-67-73-5510

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes laundry
  • Electric Expense $1,332
  • Insurance Expense $800
  • Maintenance Expense $2,100
  • Other Expense $4,864
  • Operating Expense $18,814

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 4864.00
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 2700.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 1332.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2400.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 77400.00
  • Land Assessed Value: 45000.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: COMM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42000.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1455056
  • Tax Annual Amount: 4618.00
  • Assessor Parcel Number: 14-5307-67-73-5510
  • Tax Lot: 5510
  • Tax Year: 2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $120,000 -33.3% --
01/11/2013 01/11/13 Pending -- -- --
05/10/2012 05/10/12 For Sale $180,000 -- --
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 $3,322 $122,400 $45,000 $77,400
2024 $5,435 $122,400 $45,000 $77,400
2023 $5,351 $122,400 $45,000 $77,400
2022 $5,351 $122,400 $45,000 $77,400
2021 $5,351 $122,400 $45,000 $77,400
2020 $5,297 $122,400 $45,000 $77,400
2019 $5,297 $122,400 $45,000 $77,400
2018 $5,297 $122,400 $45,000 $77,400
2017 $5,262 $122,400 $45,000 $77,400
2016 $2,195 $122,400 $45,000 $77,400
2015 $3,006 $122,400 $45,000 $77,400
2014 $2,766 $122,400 $45,000 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003958458

Bright MLS