401 Spruce St Reading, PA 19602
Property profile & analytics
401 Spruce St, Reading, PA 19602
- Assisted living facilities
- 57,062 SF
- 2.46 lot acres
Property ID
US73-1707817
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.
Location Intelligence
Current Use by Public Records
- Assisted living facilities
Property Details for 401 Spruce St
- Year built
- 1970
- Lot size
- 2.46 lot acres
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 5306-06-29-6123
- APU
- 530606296123
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 18, 2022 | $1,904,000 | Spruce Manor Re Group LLC | Spruce Manor Re 1 LP | Deed | $73M · Cibc Bank USA |
| Jul 27, 2020 | — | Spruce Manor Re 1 LP | — | Deed · related | $60M · Cibc Bank USA |
| Feb 21, 2018 | — | Spruce Manor Re I LP | — | Grant Deed · related | $38.3M · Midcap Financial Trust (ct) |
| Nov 2, 2006 | — | Spruce Manor Re 1 LP | Northern Health Insurance INC | Deed | $500M · Lehman Brothers Bank Fsb |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,836,000
Market price range: $1.26M - $2.44M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $1,625,000 Current use
- WAREHOUSE, STORAGE
- $2,815,000 Change: +73% Conversion: Difficult
- RETAIL STORES
- $2,580,000 Change: +58% Conversion: Difficult
- RESTAURANT
- $2,365,000 Change: +45% Conversion: Difficult
- OFFICE BUILDING
- $2,330,000 Change: +43% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9467
- Latitude
- 40.3327
- 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
$86,338
$955,600
$3,070,400
$4,026,000
-
$955,600
$3,070,400
$4,026,000
