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514 Martin Ave

Reading, PA 19601

3 bd 1 ba 1,406 sqft Built 1951 Lot 7,405 sqft single_family
Most recent sale
$250,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $250,000 Public Record
Sep 29, 2022 Sold $250,000 BrightMLS
Sep 9, 2022 Relisted $239,900 MLS #PABK2021128
Sep 1, 2022 Listed $239,900 MLS #PABK2021128
Jul 26, 2022 Sold $224,000 MLS #PABK2018334
Jul 5, 2022 Listed $224,900 MLS #PABK2018334
Apr 16, 2022 Listed $185,000 MLS #PABK2014492

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $43,500 $29,400 $72,900 $3,130
2025 $43,500 $29,400 $72,900 $3,075
2023 $43,500 $29,400 $72,900 $2,891
2022 $43,500 $29,400 $72,900 $2,891
2021 $43,500 $29,400 $72,900 $2,891
2020 $43,500 $29,400 $72,900 $2,891
2019 $43,500 $29,400 $72,900 $2,818
2018 $43,500 $29,400 $72,900 $2,818
2017 $43,500 $29,400 $72,900 $2,797
2016 $43,500 $29,400 $72,900 $2,740
2015 $43,500 $29,400 $72,900 $2,740
2014 $43,500 $29,400 $72,900 $2,717
2013 $43,500 $29,400 $72,900 $2,679
2012 $43,500 $29,400 $72,900 $2,647
2011 $43,500 $29,400 $72,900 $2,608
2010 $43,500 $29,400 $72,900 $2,565
2009 $43,500 $29,400 $72,900 $2,475
2008 $43,500 $29,400 $72,900 $2,362
2007 $43,500 $29,400 $72,900 $2,362

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,406 sqft
Lot size
7,405 sqft
ZIP code
19601
City
Reading
Street
Martin Ave
Coordinates
40.36834, -75.95613

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,109
Gross rental yield
10.12%
Implied cap rate
6.58%
Trend-extrapolated value

Frequently asked questions

When did 514 Martin Ave last sell?
514 Martin Ave most recently sold on Sep 30, 2022 for $250,000.
What is the current tax assessment for 514 Martin Ave?
The most recent total assessment for 514 Martin Ave (year 2026) is $72,900 with $3,130 in property tax.
How does 514 Martin Ave's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $250,000.
When was 514 Martin Ave built?
514 Martin Ave was built in 1951.
How does 514 Martin Ave compare to others on Martin Ave?
We track 7 other properties on Martin Ave. Browse the list under "Other properties on Martin Ave" to compare beds, baths, and sale history.
What are the property facts for 514 Martin Ave?
514 Martin Ave is a 3 bed, 1 bath, 1,406 sqft, 7,405 sqft lot single_family.
Is 514 Martin Ave a flip candidate?
No — 514 Martin Ave does not appear in our flips dataset.
Is 514 Martin Ave a tax-appeal candidate?
No — 514 Martin Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.2%
2026 Q3
$228.3K
2026 Q4
$228.2K
ZIP 19601 — Median Price History + Forecast

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