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1601 Centre Avenue

1601 Centre Avenue, Reading, PA 19601
Commercial in Northwest Reading
Local assessors in Reading, PA have categorized 1601 Centre Avenue as a commercial type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 14,375 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1601 Centre Avenue has a total of 3,375 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Lots of stucco were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1601 Centre Avenue was last sold in Jun 8, 2021 for $340,000. According to our calculations, that's $100.74 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Jul 5, 2006. Current property owners are expected to pay $6,654 in taxes per year. The property on 1601 Centre Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $152,200. To break that down further, the land itself was valued at $80,600. While improvements to the property were assessed at a total of $71,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 3,375
  • Gross Building Area: 3,375
  • Building Area: 3,375
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.33
  • Standard Land Use Code: Store (multi-story)

Ownership

  • Current Owner : ROBERT TIRE LIMITED LIABILITY COMPANY
  • Previous Owner : LAM JONATHAN
  • Owner Before Previous Owner: FARANDA JOSEPH R
  • Owner Before Previous Owner 2: FARANDA JOYCE M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 000400

Geography

  • Assessors Map Reference: 145307
  • Account Number: 14298150
  • District: 14
  • Parcel: 14-5307-25-68-2932
  • Block: 68
  • Municipality: READING CITY
  • Latitude: 40.3594
  • Longitude: -75.9329

    Address

  • Full Address: 1601 Centre Ave
  • Address - House Number: 1601
  • Address - Street Name: Centre
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Reading
  • Carrier Code: C046
  • 4-Digit Zip Code: 1415
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,654
  • Tax Rate Code Area: 01

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: CUSTOMERS BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $272,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $152,200
  • Market Land Value: $80,600
  • Market Improvement Value: $71,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,200
  • Assessed Land Value: $80,600
  • Assessed Improvements Value: $71,600

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11840553616
  • Current Sale Price: $340,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021029891
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Contract Date: Jul 05, 2006
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUSTOMERS BANK
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Northwest Reading



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Frequently Asked Questions

What neighborhood is 1601 Centre Avenue located in?
The 1601 Centre Avenue is a commercial located in the neighborhood of Northwest Reading in Northwest Reading, Reading.
What is the average sales price for listings in 1601 Centre Avenue?
The average sales price for units in 1601 Centre Avenue is $0 currently.

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