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3 Spring Valley Road

3 Spring Valley Road, Reading, PA 19605
Property in Muhlenberg
1 Units For Sale
Unit for sale at 3 SPRING VALLEY RD, READING, PA 19605

$800,000

  • Commercial
3 SPRING VALLEY RD, READING, PA 19605 Listing by Joseph Leone

3 Spring Valley Road has been categorized by the local assessors in Reading, PA as a industrial type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1958. The building has a total of 2 stories. In addition, 3 Spring Valley Road has 9,398 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 30,492 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of block. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3 Spring Valley Road was last sold in Jul 17, 2002 for $115,000. According to our calculations, that's $10.82 per sqft. Current property owners are expected to pay $7,447 in taxes per year. The property on 3 Spring Valley Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $164,800. To break that down further, the land itself was valued at $65,100. While improvements to the property were assessed at a total of $99,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Condition

New Construction
Level Lot

Exterior

Aluminum Siding
Masonry Exterior
Wood Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230428
04/28/2023
Loft
-
-
$632,000
bedrooms
Loft
bathrooms
-
-
-
-
Sam Del Rosario
Keller Williams Real Estate

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1958
  • Building Count: 2
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Block
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 10,630
  • Gross Building Area: 10,630
  • Building Area: 10,630
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Land Acres: 0.7
  • Standard Land Use Code: Warehouse (industrial)

Ownership

  • Current Owner : WISE GENE M
  • Current Owner 2: WISE CAROL P
  • Previous Owner : THE BACHMAN COMPANY
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Sep 01, 2023

Neighborhood

  • School District Name: Muhlenberg School District
  • School Tax School District: 11
  • Census Tract: 012400

Geography

  • Assessors Map Reference: 665318
  • Account Number: 66000490
  • District: 66
  • Parcel: 66-5318-13-04-1395
  • Block: 04
  • Municipality: MUHLENBERG TOWNSHIP
  • Latitude: 40.3741
  • Longitude: -75.9185

    Address

  • Full Address: 3 Spring Valley Rd
  • Address - House Number: 3
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Reading
  • Carrier Code: C021
  • 4-Digit Zip Code: 2956
  • Zip Code: 19605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,447
  • Tax Rate Code Area: 66

    Market Valuation

  • Market Total Value: $164,800
  • Market Land Value: $65,100
  • Market Improvement Value: $99,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,800
  • Assessed Land Value: $65,100
  • Assessed Improvements Value: $99,700

    Sales

  • Current Sale Contract Date: Jul 17, 2002
  • Current Sale Recording Date: Jul 31, 2002
  • Current Sale Transaction ID: 1050043649
  • Current Sale Price: $115,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 51063

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Jul 31, 2002
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Hyde Park



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Nearby Rentals

Unit for rent at 960 N 11th St, READING, PA, 19604

$700 /mo

  • 1 Bed
  • 1 Bath
960 N 11th St #1B, READING, PA, 19604 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 3 Spring Valley Road located in?
The 3 Spring Valley Road is a located in the neighborhood of Muhlenberg in Hyde Park, Reading.
How many listings are currently for sale in 3 Spring Valley Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3 Spring Valley Road?
The average sales price for units in 3 Spring Valley Road is $800,000 currently.

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