NOT LISTED FOR SALE

746 Centre Ave Reading, PA 19601

Estimated Value: $906,264

4 Beds
5 Baths
5,681 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $374,000 $66 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,353/month

63 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Stained Glass
  • Great Room
  • 2 Car Detached Garage
  • 1-minute walk to Centre Park

About This Home

As of July 2019

Welcome to 746 Centre Avenue, one of Reading s most historically and architecturally significant properties located in the Centre Park Historic District. Built in 1877, this property would be purchased and remodeled in 1897 by a well know Berks County Industrialist who would double the size of the home while adding the finest of architectural details to its interior and exterior. Home would later be adapted for use as a house of worship with the addition of several leaded and stained glass windows. Property also had a major renovation under the ownership of the Berks County Historical Society including a new Vermont red slate roof. The present owners have also continued to update the property and have made it perfect for use as commercial, mixed use, or a private residence. Step inside the double front doors to a foyer finished in original Italian mosaics. The grand entry hall features a stunning staircase with built in decorative bench plus a one of a kind stone fireplace. The adjoining front parlor also features original decorative crown molding, bay window, and mantle. The music room has a large window letting in plenty of light. Across the entry hall is a large and spacious great room perfect for a variety of uses. There is also a nice size prep kitchen, two handicapped access. Bathrooms, along with special needs entrance. Property also has a rear staircase and elevator which has access from the lower level, first and second floors. Upstairs you ll find a bright and spacious landing with stunning stained glass windows. The four large and private bedrooms feature original details including decorative mantles and built in wardrobe. There are also 3 nice sized bathrooms with original details including, tile floor, marble shower surround, and additional stained glass. The walk upstairs third floor features five rooms used primarily for storage. Lower level has been renovated and is presently set up for studio/classroom space and also features additional storage. Property also features a solid sandstone outbuilding, originally built as a two car carriage house and presently renovated with heating and A/C into a working studio.This one of a kind property has many possibilities and really needs to be seen in person to appreciate the architecture of another era that simply can t be duplicated by today s standards along with the many upgrades making it adapted to 21st century needs.

Last Agent to Sell the Property

O. Chris Miller

(610) 603-2676 CMiller@GoBerksCounty.com RE/MAX Of Reading Listed on: 03/29/2019

RE/MAX Of Reading

Last Buyer's Agent

O. Chris Miller

(610) 603-2676 CMiller@GoBerksCounty.com RE/MAX Of Reading Listed on: 03/29/2019

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 0.28 Acre Lot
  • Sprinkler System
  • Historic Home
  • Property is zoned MIXED RES/COM

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Victorian Architecture
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 5,681 Sq Ft Home
  • Property has 2.5 Levels
  • Wood Burning Fireplace
  • Stone Fireplace
  • Stained Glass
  • Great Room
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed
  • Modifications for wheelchair accessibility
  • Ramp on the main level

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Centre Park Histor Subdivision

Listing and Financial Details

  • Tax Lot 8555
  • Assessor Parcel Number 14-5307-58-64-8555

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: Elevator, Ramp - Main Level, Wheelchair Mod
  • Ownership: Fee Simple
  • Exclusions: Personal property and equipment
  • Historic: Yes
  • Inclusions: kitchen appliances, window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Elevator, Sprinkler System, Stain/Lead Glass
  • Fireplace Features: Stone, Wood
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Great Room
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 5681
  • Living Area Sq Ft: 5681
  • Price Per Sq Ft: 66.01
  • Above Grade Finished Sq Ft: 5681
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stone
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Security System, Sprinkler System - Indoor
  • 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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 183400.00
  • Land Assessed Value: 75600.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: MIXED RES/COM

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454524
  • School Tax: 4644.00
  • Tax Annual Amount: 11208.00
  • Assessor Parcel Number: 14-5307-58-64-8555
  • Tax Lot: 8555
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jul 26, 2019
Sold by
Kutay Gary R and Strang Kutay April L
Bought by
Madrigal Christian
Seller's Agent
O. Chris Miller
RE/MAX Of Reading
Buyer's Agent
O. Chris Miller
RE/MAX Of Reading
List Price
$375,000
Sold Price
$374,000
Premium/Discount to List
-$1,000
-0.27%
Current Estimated Value
$906,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,264
Avg. Annual Appreciation
14.93%
Original Mortgage
$336,600
Outstanding Balance
$294,981
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$611,283

Purchase Details

Closed on
Mar 3, 2016
Sold by
The Historical Society Of Berks County
Bought by
Kutay Gary R and Strang Kutay April L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2000
Bought by
Historical Society Of Berks Co
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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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
Madrigal Christian $374,000 Signature Abstract
Kutay Gary R $280,000 None Available
Historical Society Of Berks Co $106,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Christian $336,600
Previous Owner Kutay Gary R $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $374,000 -0.3% $66 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $375,000 0.0% $66 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $375,000 -- $66 / 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 $7,030 $259,000 $75,600 $183,400
2024 $11,501 $259,000 $75,600 $183,400
2023 $11,322 $259,000 $75,600 $183,400
2022 $11,322 $259,000 $75,600 $183,400
2021 $11,322 $259,000 $75,600 $183,400
2020 $11,208 $259,000 $75,600 $183,400
2019 $11,208 $259,000 $75,600 $183,400
2018 $11,208 $259,000 $75,600 $183,400
2017 $11,135 $259,000 $75,600 $183,400
2016 -- $259,000 $75,600 $183,400
2015 -- $259,000 $75,600 $183,400
2014 -- $259,000 $75,600 $183,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK338272

Bright MLS

APN: 14-5307-58-64-8555