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    Property profile & analytics

    345 7th St Reading, PA 19602-2442

    • Investment properties
    • 1,856 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 18, 2025
    $37,500
    Location Intelligence
    Property ID
    US73-1475888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 345 7th St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    1,856 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5306-36-98-0020
    APU
    530636980020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9238
    Latitude
    40.3292
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $715
    $14,000
    $13,000
    $27,000
    -
    $14,000
    $13,000
    $27,000

    Comparable in this City

    • Value Estimation by Request
      2,208 SF

      107 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,208 SF
      107 9th St, Reading, PA 19602-1718
      View Details
    • Value Estimation by Request
      2,468 SF

      107 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,468 SF
      107 4th St, Reading, PA 19602-1611
      View Details
    • Value Estimation by Request
      13,175 SF

      212 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,175 SF
      212 9th St, Reading, PA 19602-1912
      View Details
    • Value Estimation
      $55,000
      2,414 SF

      626 Spruce St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,414 SF
      626 Spruce St, Reading, PA 19602-2456
      View Details
    • Value Estimation by Request
      4,008 SF

      46 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,008 SF
      46 4th St, Reading, PA 19602
      View Details
    • Value Estimation
      $185,000
      3,276 SF

      1142 Perkiomen Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,276 SF
      1142 Perkiomen Ave, Reading, PA 19602-1349
      View Details

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    345 7th St
    Reading, PA 19602-2442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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