55 3rd Ave West Reading, PA 19611-1246
Property profile & analytics
55 3rd Ave, West Reading, PA 19611-1246
- Hotels
- 40,827 SF
- 2.14 lot acres
Property ID
US73-2836911
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
- Hotels
Property Details for 55 3rd Ave
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 2.14 lot acres
- Property type
- Hotels
- APN
- 5306-06-39-5882
- APU
- 530606395882
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 8, 2020 | — | Jay Sahebji INC | — | Deed · related | $100k · Essa Bk&tr |
| Oct 18, 2019 | — | Jay Sahebji INC | — | Deed · related | $500k · Essa Bank & Trust |
| Oct 11, 2019 | — | Jay Sahebji INC | — | Deed · related | $5.1M · Essa Bk&tr |
| May 14, 2018 | $4,250,000 | Jay Sahebji INC | Mahaohm Corp | Trustees Deed | $5.1M · Essa Bk&tr |
| Mar 28, 2008 | — | Mahaohm Corp | — | Deed Of Trust · related | $5.3M · Susquehanna Bank |
| Feb 1, 2008 | $200,000 | Mahaohm Corp | Redevelopment Authority Of County | Grant Deed | — |
| — | — | Mahaohm Corporation | — | Deed Of Trust · related | $2.2M · Delval Business Finance Corp |
| — | — | Jay Sahebji INC | — | Loan Modification · related | $5.1M · Essa Bk&tr |
| — | — | Mahaohm Corporation | — | Deed Of Trust · related | $2.9M · Golden Bull Fixed Income Fund |
| — | — | Mahoahm Corp | — | Deed Of Trust · related | $500k · Susquehanna Bank |
| — | — | Mahaohm Corporation | — | Deed Of Trust · related | $2.1M · Apax Cap LLC |
| — | — | Redevelopment Authority Of Cnty/b | — | Deed Of Trust · related | $1.5M · Hud |
| — | — | Jay Sahebji INC | — | Deed Of Trust · related | $100k · Essa Bk&tr |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,010,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,914,000
Market price range: $1.05M - $3.00M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,775,000 Current use
- OFFICE BUILDING
- $2,010,000 Change: +13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9432
- Latitude
- 40.3345
- 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
$57,125
$1,069,100
$1,594,700
$2,663,800
-
$1,069,100
$1,594,700
$2,663,800
