NOT LISTED FOR SALE

716 Madison Ave Reading, PA 19601

Estimated Value: $166,000 - $182,000

5 Beds
1.5 Baths
1,809 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $75,000 $41 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,005/month

280 Days on Market

Highlights

  • Deck
  • Attic
  • Eat-In Kitchen
  • Traditional Architecture
  • No HOA
  • 2-minute walk to Centre Park

About This Home

As of May 2019

Meticulously maintained for 30 years this is the first time this property is hitting the market in the desired Centre Park Historic District. Upon entering the home through the foyer the spacious living room flowing into the dinning room. The oversized eat in kitchen is upgraded with a historic feel. Beyond the kitchen is a mud room with a half bath leading to the backyard. The master bedroom has a private entrance to the second bedroom with the possibility of being a walk in closet. Third bedroom, possible family room or office leads to a large balcony deck perfect for outdoor entertaining. On the third floor are two additional private bedrooms.

Last Agent to Sell the Property

Sean Devine

(610) 376-9999 sands@parealestate.com Sands & Company Real Estate License #RS335366 Listed on: 06/08/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,731

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,809 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Centre Park Histor Subdivision

Listing and Financial Details

  • Tax Lot 5300
  • Assessor Parcel Number 14-5307-59-74-5300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,731

Year Built

Built in 1900

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 3
  • Federal Flood Zone: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1809
  • Living Area Sq Ft: 1809
  • Net Sq Ft: 1809.00
  • Price Per Sq Ft: 43.12
  • Above Grade Finished Sq Ft: 1809
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

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
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 31000.00
  • Land Assessed Value: 9000.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454642
  • Tax Annual Amount: 1731.00
  • Assessor Parcel Number: 14-5307-59-74-5300
  • Tax Lot: 5300
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
May 8, 2019
Sold by
Wasik Michelle
Bought by
Cervantes Meghan E
Seller's Agent
Sean Devine
Sands & Company Real Estate
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Current Estimated Value
$177,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,531
Avg. Annual Appreciation
13.55%
Original Mortgage
$60,000
Outstanding Balance
$52,537
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$124,994

Purchase Details

Closed on
Nov 23, 1999
Bought by
Wasik Michelle
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
Cervantes Meghan E $75,000 Stewart Abstract
Wasik Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Meghan E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $75,000 0.0% $41 / Sq Ft
03/16/2019 03/16/19 Off Market $75,000 -- --
03/15/2019 03/15/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $78,000 -1.3% $43 / Sq Ft
01/03/2019 01/03/19 For Sale $79,000 +5.3% $44 / Sq Ft
01/03/2019 01/03/19 Off Market $75,000 -- --
01/02/2019 01/02/19 For Sale $79,000 0.0% $44 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/26/2018 09/26/18 Price Changed $79,000 -3.5% $44 / Sq Ft
07/23/2018 07/23/18 For Sale $81,900 +9.2% $45 / Sq Ft
07/23/2018 07/23/18 Off Market $75,000 -- --
06/27/2018 06/27/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $81,900 -- $45 / Sq Ft
Source: Bright MLS

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 $1,086 $40,000 $9,000 $31,000
2024 $1,776 $40,000 $9,000 $31,000
2023 $1,749 $40,000 $9,000 $31,000
2022 $1,749 $40,000 $9,000 $31,000
2021 $1,749 $40,000 $9,000 $31,000
2020 $1,731 $40,000 $9,000 $31,000
2019 $1,731 $40,000 $9,000 $31,000
2018 $1,731 $40,000 $9,000 $31,000
2017 $1,720 $40,000 $9,000 $31,000
2016 $353 $40,000 $9,000 $31,000
2015 $982 $40,000 $9,000 $31,000
2014 $904 $40,000 $9,000 $31,000
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1001837716

Bright MLS

APN: 14-5307-59-74-5300

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