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364 Blair Avenue

364 Blair Avenue, Reading, PA 19601
Property in Glenside
1 Units For Sale
Unit for sale at 364 BLAIR AVE, READING, PA 19601

$2,650,000

  • Commercial
364 BLAIR AVE, READING, PA 19601 Listing by Tod Slabik

364 Blair Avenue in Reading, PA was first built in 1940 and is 84 years old. This has been categorized as a industrial property type. It is a single story home. 364 Blair Avenue has 31,331 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 65,776 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of wood. 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, 364 Blair Avenue was last sold in Dec 10, 2018 for $1,500,000. According to our calculations, that's $47.88 per sqft. Prior to that sales transaction, the property was sold for $1,000,000 in Mar 14, 2005. Current property owners are expected to pay $33,836 in taxes per year. The property on 364 Blair Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $774,000. To break that down further, the land itself was valued at $193,000. While improvements to the property were assessed at a total of $581,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230724
07/24/2023
Loft
-
-
$2,950,000
bedrooms
Loft
bathrooms
-
-
-
-
Tod Slabik
RE/MAX Of Reading

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 0
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 4,983
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Total Building Area: 31,331
  • Gross Building Area: 31,331
  • Building Area: 31,331
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 31,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: ELGE SPARK WHEEL
  • Land Acres: 1.51
  • Standard Land Use Code: Shipyard/storage - built or repaired (seagoing vessels)

Ownership

  • Current Owner : READING STORAGE 1136 WINDSOR STREET LLC
  • Previous Owner : AXIS BERKSHIRE GARAGES LLC
  • Owner Before Previous Owner: LUTZ BONNIE L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 000900

Geography

  • Assessors Map Reference: 195307
  • Account Number: 19270930
  • District: 19
  • Parcel: 19-5307-47-25-6791
  • Block: 25
  • Lot: 2&4
  • Municipality: READING CITY
  • Latitude: 40.3506
  • Longitude: -75.9461

    Address

  • Full Address: 364 Blair Ave
  • Address - House Number: 364
  • Address - Street Name: Blair
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Reading
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,836
  • Tax Rate Code Area: 01

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $628,000
  • First Open Lien Mortgage Lender: PENNSYLVANIA COMMUNITY DEVELOP
  • First Open Lien Mortgage Recording Date: Dec 18, 2018
  • First Open Lien Mortgage Loan Amount: $628,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 18, 2048

    Market Valuation

  • Market Total Value: $774,000
  • Market Land Value: $193,000
  • Market Improvement Value: $581,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $774,000
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $581,000

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Transaction ID: 11543273810
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018042570
  • Previous Sale Recording Date: May 17, 2005
  • Previous Sale Contract Date: Mar 14, 2005
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RIVERVIEW BANK
  • First Mortgage Transaction Date: Dec 11, 2018
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 10, 2028

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BANK
  • Previous Mortgage Transaction Date: May 17, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Reading



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Frequently Asked Questions

What neighborhood is 364 Blair Avenue located in?
The 364 Blair Avenue is a located in the neighborhood of Glenside in Northwest Reading, Reading.
How many listings are currently for sale in 364 Blair Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 364 Blair Avenue?
The average sales price for units in 364 Blair Avenue is $2,650,000 currently.

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