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    400 Washington St Reading, PA 19601-3915
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    Property profile & analytics

    400 Washington St, Reading, PA 19601-3915

    View on Map

    • Banks
    • 22,404 SF
    • 1.10 lot acres
    Off-Market
    Last Sale Sep 2, 2020
    $2,500,000
    Property ID
    US73-0657625
    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.

    Value Estimations
    $2,520,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • H. Rosen Law, P.C. / Law Firm
    • Dentist Reading Pa / Dental Office
    • M & T bank parking lot / Parking Lot & Garage
    • The Madison Building / Apartment Building
    • Mentors For Berks Youth / Child Welfare Organization / Charitable Organization

    Property Details for 400 Washington St

    Year built
    1920
    Lot size
    1.10 lot acres
    Property type
    Banks
    APN
    5307-82-70-4647
    APU
    530782704647

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 19, 2021 — Madison 2020 LLC — Deed · related $9M · Investors Bank
    Sep 2, 2020 $2,500,000 Madison 2020 LLC Design Industry LLC Grant Deed —
    Dec 28, 2016 — Design Industry LLC 400 Madison LLC Deed In Lieu Of Foreclosure · related —
    Mar 7, 2008 — Adappt INC — Deed Of Trust · related $185M · Comerica Bank
    Aug 20, 2007 $6,489,368 400 Madison LLC Madison-reading Associates LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,510,000
      ML approach
      $2,570,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,138,000
      Market price range: $1.48M - $6.08M
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $3,900,000
      Current use
      MEDICAL BUILDING
      $3,710,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9293
    Latitude
    40.3366
    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
    $39,896
    $216,100
    $1,290,900
    $1,507,000
    -
    $216,100
    $1,290,900
    $1,507,000
    More about this property
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