Taxes
- Assessed Value: $9,290,300
- Assessed Year: 2025
- Assessed County: New Castle
- APN: 10-013.00-030
- Assessed Land Value: 1227600
- Tax Amount: 97202.55
- Tax Year: 2025
1 Reads Way; New Castle, DE Property Details
Off market
1 Reads Way New Castle, DE 19720
$9,290,300 Estimated Value
67,967 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1988
- Purchase Price: $750,000
- APN: 10-013.00-030
- Situs County: New Castle
- Length Of Ownership: 1 year, 3 months
Structure
- Building Style: Brick
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: B
- Sewer Type: Yes
Measurements
- Total: 67,967/SqFt
- Lot: 243,065/SqFt
- Gross: 67,967/SqFt
- Living: 67,967/SqFt
- Building: 67,967/SqFt
- Ground: 34,287/SqFt
- Price Per Square Foot: $11.03
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Colonial School District
- Lat / Lon: 39.688442 / -75.60828
- Subdivision: One Reads Way
- Property Class: Office
- Zoning: BP
- County Use Code: 310
Amenities
- Plus Four: 1605
- Cooling: Yes
- Heating: Yes
Ownership Info
1 Reads Way has no associated ownership info
1 Reads Way has no associated ownership info.
Taxes
1 Reads Way has 7 associated Taxes items
1 Reads Way, New Castle, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $9,290,300. The APN we've located for 1 Reads Way is 10-013.00-030.
Unlock the full reportTax History
1 Reads Way has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $9,290,300 | Land Value $1,227,600 | Improvement Value $8,062,700 | Tax Amount $97,202.55 | Change Rate -0.238272% | Assessed CR | Tax Rate +0.010463% |
| Year 2024 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $127,608.03 | Change Rate +0.088568% | Assessed CR | Tax Rate +0.033348% |
| Year 2023 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $117,225.59 | Change Rate -0.033663% | Assessed CR | Tax Rate +0.030635% |
| Year 2022 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $121,309.24 | Change Rate -0.00012% | Assessed CR | Tax Rate +0.031702% |
| Year 2021 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $121,323.78 | Change Rate -0.006679% | Assessed CR | Tax Rate +0.031706% |
| Year 2020 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $122,139.6 | Change Rate +0.001934% | Assessed CR | Tax Rate +0.031919% |
| Year 2019 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $121,903.88 | Change Rate +72.737686% | Assessed CR | Tax Rate +0.031858% |
| Year 2018 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $1,653.21 | Change Rate | Assessed CR | Tax Rate +0.000432% |
| Year 2017 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $99,847.16 | Change Rate -0.000303% | Assessed CR | Tax Rate +0.026094% |
| Year 2015 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $99,877.4 | Change Rate -0.000505% | Assessed CR | Tax Rate +0.026102% |
| Year 2014 | Assessed Value $3,826,500 | Land Value $306,900 | Improvement Value $3,519,600 | Tax Amount $99,927.9 | Change Rate | Assessed CR | Tax Rate +0.026115% |