NOT LISTED FOR SALE

620 Centre Ave Reading, PA 19601

Estimated Value: $821,402

7 Beds
4 Baths
7,000 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $350,000 $50 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,770/month

186 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • 4-minute walk to Centre Park
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2019

One of the jewels of the Centre Park Historic District, this circa 1873 Second Empire retains the quality of a bygone era. Originally built for James H. Sternbergh who made sure only the finest of materials would be used for the construction of his private residence. The property is presently zoned as mixed use with three income producing apartments. However, the grand main house and adjoining carriage house can be used for a variety of uses. You'll be amazed at how the original architecture has been maintained on this historic property including the stately front doors, wrap a round porch, and rooftop iron cresting. Step inside to the large entry foyer featuring polished black slate wainscot and imported Minton tile floor. The spacious main hall leads to the grand staircase along with a side entrance hall. The main floor features a large main parlor with walnut French doors of beveled glass. Across the hall is the orginal formal parlor with original fireplace, mantel mirror, built in window shutters and amazing gas chandelier. The adjoining dining room features a built in china closet, fireplace, and access to side porch. A small butlers pass through leads to what had once been the original kitchen featuring original built in cupboard, wood wainscot, and back staircase. Upstairs you'll find a large hall leading to two very spacious bedrooms, both with access to the adjoining balcony. There is also a third bedroom off the back staircase, two full baths, plus a library/study. And owners kitchen. Third floor features a full one bedroom apartment, access from the main staircase. The property also featues the orginal carriage house which has been converted to two one bedroom apartments for additional income.

Last Agent to Sell the Property

O. Chris Miller

(610) 603-2676 CMiller@GoBerksCounty.com RE/MAX Of Reading Listed on: 11/29/2018

RE/MAX Of Reading

Last Buyer's Agent

Idilia Venti

(267) 608-9457 idilia.venti@yahoo.com Dolan Family Real Estate License #RS278922

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 0.66 Acre Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 7,000 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1753
  • Assessor Parcel Number 14-5307-66-73-1753

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Centre Park Histor Subdivision

Building Details

  • Operating Expense $9,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Water Softener, Freezer In Basement
  • Inclusions: 4 Refrig's., 4 Stoves, Washer/Dryer
  • New Construction: No
  • Year Built: 1873
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 7000
  • Living Area Sq Ft: 7000
  • Price Per Sq Ft: 54.00
  • Above Grade Finished Sq Ft: 7000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Lot Size Acres: 0.66
  • Lot Dimensions: IREEG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1455037
  • Tax Annual Amount: 9084.00
  • Assessor Parcel Number: 14-5307-66-73-1753
  • Tax Lot: 1753
  • Tax Year: 2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Sep 25, 2019
Sold by
Miller Daphne D and Strause Paul R
Bought by
Barang Gay Group Of Companies Llc
Seller's Agent
O. Chris Miller
RE/MAX Of Reading
Buyer's Agent
Idilia Venti
Dolan Family Real Estate
List Price
$378,000
Sold Price
$350,000
Premium/Discount to List
-$28,000
-7.41%
Current Estimated Value
$821,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,402
Avg. Annual Appreciation
14.48%
Original Mortgage
$262,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2000
Bought by
Miller Daphne D and Strause Paul R
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Barang Gay Group Of Companies Llc $350,000 Certainty Settlement Svcs
Miller Daphne D $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barang Gay Group Of Companies Llc $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $350,000 -7.4% $50 / Sq Ft
07/17/2019 07/17/19 For Sale $378,000 0.0% $54 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
03/21/2019 03/21/19 Price Changed $378,000 -4.3% $54 / Sq Ft
01/31/2019 01/31/19 Price Changed $395,000 -1.3% $56 / Sq Ft
11/29/2018 11/29/18 For Sale $400,000 0.0% $57 / Sq Ft
10/10/2012 10/10/12 Rented $595 0.0% --
10/10/2012 10/10/12 Under Contract -- -- --
09/27/2012 09/27/12 For Rent $595 -- --
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 $5,697 $209,900 $36,000 $173,900
2024 $9,320 $209,900 $36,000 $173,900
2023 $9,176 $209,900 $36,000 $173,900
2022 $9,176 $209,900 $36,000 $173,900
2021 $9,176 $209,900 $36,000 $173,900
2020 $9,084 $209,900 $36,000 $173,900
2019 $9,084 $209,900 $36,000 $173,900
2018 $9,084 $209,900 $36,000 $173,900
2017 $9,024 $209,900 $36,000 $173,900
2016 $5,155 $209,900 $36,000 $173,900
2015 $5,155 $209,900 $36,000 $173,900
2014 $4,744 $209,900 $36,000 $173,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK179018

Bright MLS

APN: 14-5307-66-73-1753