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2801 Papermill Rd; Reading, PA Property Details

2801 Papermill Rd, Reading, PA is a Motel that was built in 1999. This property is currently Financed and is not for sale. Our records show that 2801 Papermill Rd has a total of 51,083 square feet. The lot size of 2801 Papermill Rd is 142,006 square feet.

Off market
2801 Papermill Rd Reading, PA 19610
$8,070,700 Estimated Value
51,083 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1999
  • Purchase Price: $16,866,575
  • Open Loans / Balance: 1 / $16,062,703
  • APN: 80-4397-05-09-6640
  • Situs County: Berks
  • Length Of Ownership: 4 years, 5 months

Structure

  • Building Style: Frame
  • Stories: 4
  • Exterior Wall Type: Masonry
  • Pool Type: Yes
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 51,083/SqFt
  • Lot: 142,006/SqFt
  • Gross: 51,083/SqFt
  • Living: 51,083/SqFt
  • Building: 51,083/SqFt
  • Ground: 28,749/SqFt
  • Price Per Square Foot: $330.18
Building Insights

Land Information

  • Property Type: Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wilson School District
  • Lat / Lon: 40.36156 / -75.98842
  • Subdivision: Spring Rdg North
  • Property Class: Commercial
  • County Use Code: 4224

Amenities

  • Pool: true
  • Plus Four: 3324
  • Garage: Carport

Ownership Info

2801 Papermill Rd has no associated ownership info
2801 Papermill Rd has no associated ownership info.

Taxes

2801 Papermill Rd has 10 associated Taxes items

2801 Papermill Rd, Reading, PA pays taxes in Berks County, PA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $8,070,700. The APN we've located for 2801 Papermill Rd is 80-4397-05-09-6640.

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Taxes
  • Assessed Value:  $8,070,700
  • Assessed Year:  2026
  • Assessed County:  Berks
  • APN:  80-4397-05-09-6640
  • Assessed Land Value:  1525600
  • Market Land Value:  1525600
  • Tax Amount:  119954.82
  • Tax Year:  2026
  • Market Value:  1525600
  • Market Year:  2026

Tax History

2801 Papermill Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $119,954.82 Change Rate +0.002699% Assessed CR Tax Rate +0.014863%
Year 2025 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $119,631.99 Change Rate -0.653547% Assessed CR Tax Rate +0.014823%
Year 2024 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $345,304.91 Change Rate +0.049501% Assessed CR Tax Rate +0.042785%
Year 2023 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $329,018.22 Change Rate +0.025146% Assessed CR Tax Rate +0.040767%
Year 2022 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $320,947.53 Change Rate +0.03649% Assessed CR Tax Rate +0.039767%
Year 2021 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $309,648.56 Change Rate Assessed CR Tax Rate +0.038367%
Year 2020 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $309,648.56 Change Rate +0.029241% Assessed CR Tax Rate +0.038367%
Year 2019 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $300,851.47 Change Rate +2.19508% Assessed CR Tax Rate +0.037277%
Year 2018 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $94,160.86 Change Rate -0.678878% Assessed CR Tax Rate +0.011667%
Year 2017 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $293,224.66 Change Rate +2.401235% Assessed CR Tax Rate +0.036332%
Year 2016 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $86,211.22 Change Rate +0.020408% Assessed CR Tax Rate +0.010682%
Year 2015 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $84,487.01 Change Rate Assessed CR Tax Rate +0.010468%
Year 2014 Assessed Value $8,070,700 Land Value $1,525,600 Improvement Value $6,545,100 Tax Amount $84,487.01 Change Rate Assessed CR Tax Rate +0.010468%