NOT LISTED FOR SALE

711 Madison Ave Reading, PA 19601

Estimated Value: $150,779 - $196,000

3 Beds
1 Bath
1,493 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $115,400 $77 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,068/month

6 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Loft
  • Porch
  • 2-minute walk to Centre Park

About This Home

As of April 2023

Location Location - Classic home located in Centre Park Historic District ready for a new owner to freshen up this home! Large living room, dining room & small kitchen - the layout would work well to renovate the kitchen into an open concept kitchen/dining room. There is access to the back porch from the kitchen where there is a small shed with a bathroom connection, this area could be renovated into a half bath! Upstairs is an updated bathroom and 2 spacious bedrooms, the third floor offers a den area and 3rd bedroom. This home has an alley beside and a large backyard, off street parking could be an option as well. Newer slate roof and updated front porch. Gas line is run into the house however not in use. Pack your toolbox & ideas this home is a wonderful opportunity for a fix & flip, rental or your next home! This home is being sold as is - no FHA/VA repairs will be done by the sellers. April 15th closing date is needed.

Last Agent to Sell the Property

Wendy Stauffer

Kingsway Realty - Ephrata License #RS203936L Listed on: 02/07/2023

Last Buyer's Agent

Christine Nolt

Kingsway Realty - Lancaster License #RS332150

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1899

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,493 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Loft
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Porch
  • 1,742 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 6235
  • Assessor Parcel Number 14-5307-59-74-6235

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,762

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Refrigerator, Cabinets in Dining Area
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1899
  • Automatically Close On Close Date: No
  • Remarks Public: Location Location - Classic home located in Centre Park Historic District ready for a new owner to freshen up this home! Large living room, dining room & small kitchen - the layout would work well to renovate the kitchen into an open concept kitchen/dining room. There is access to the back porch from the kitchen where there is a small shed with a bathroom connection, this area could be renovated into a half bath! Upstairs is an updated bathroom and 2 spacious bedrooms, the third floor offers a den area and 3rd bedroom. This home has an alley beside and a large backyard, off street parking could be an option as well. Newer slate roof and updated front porch. Gas line is run into the house however not in use. Pack your toolbox & ideas this home is a wonderful opportunity for a fix & flip, rental or your next home! This home is being sold as is - no FHA/VA repairs will be done by the sellers. April 15th closing date is needed.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Stone
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Loft, Full Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1493
  • Living Area Sq Ft: 1493
  • Price Per Sq Ft: 77.29
  • Above Grade Finished Sq Ft: 1493
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 711

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30700.00
  • Land Assessed Value: 9600.00
  • Land Use Code: 121D
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454677
  • School Tax: 723.00
  • Tax Annual Amount: 1762.00
  • Assessor Parcel Number: 14-5307-59-74-6235
  • Tax Lot: 6235
  • Tax Total Finished Sq Ft: 1493
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/03/2023

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 4, 2023
Sold by
Mendez Joshim E
Bought by
Lehman Dervin R and Lehman Mary E
Seller's Agent
Wendy Stauffer
Kingsway Realty - Ephrata
Buyer's Agent
Christine Nolt
Kingsway Realty - Lancaster
List Price
$100,000
Sold Price
$115,400
Premium/Discount to List
$15,400
15.4%
Views
37
Current Estimated Value
$176,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,560
Avg. Annual Appreciation
17.09%
Original Mortgage
$92,320
Outstanding Balance
$90,017
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$76,656

Purchase Details

Closed on
Sep 28, 2011
Sold by
Shuman Michael D
Bought by
Mendez Joshua E and Lopez Ramonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,611
Interest Rate
5.75%
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 Buyer Sale Price Title Company
Lehman Dervin R $115,400 --
Mendez Joshua E $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Dervin R $92,320
Previous Owner Mendez Joshua E $51,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $115,400 0.0% $77 / Sq Ft
02/14/2023 02/14/23 Price Changed $115,400 0.0% $77 / Sq Ft
02/13/2023 02/13/23 Off Market $115,400 -- --
02/13/2023 02/13/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $100,000 -- $67 / 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 $1,094 $40,300 $9,600 $30,700
2024 $1,789 $40,300 $9,600 $30,700
2023 $1,762 $40,300 $9,600 $30,700
2022 $1,762 $40,300 $9,600 $30,700
2021 $1,762 $40,300 $9,600 $30,700
2020 $1,744 $40,300 $9,600 $30,700
2019 $1,744 $40,300 $9,600 $30,700
2018 $1,744 $40,300 $9,600 $30,700
2017 $1,733 $40,300 $9,600 $30,700
2016 $990 $40,300 $9,600 $30,700
2015 $990 $40,300 $9,600 $30,700
2014 $911 $40,300 $9,600 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2026240

Bright MLS

APN: 14-5307-59-74-6235