418 Walnut St, Reading, PA 19601 Property Records

Berks County property record for 418 Walnut St, Reading, PA 19601

Property Summary

Property TypeApartments (5+ Units)
Details2,118 sqft · built 1900
Lot Size0.04 acres (1,742 sqft)
OwnerCompany Name on Record
Last Sale$355,000 (May 2022)
Tax Bill$790 (2026)
Deeds & MortgagesMay 2022 Second Mortgage
May 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN5307-75-71-5228

Property Details

APN / Parcel Number

Primary APN5307-75-71-5228
Alternative APNs
  • 07-5307-75-71-5228
  • 07000132

Interior

Units24 Units
Stories3 Stories
Building Area2,118 sqft Living Area
1st Floor Area1,059 sqft
Basement Area1,059 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Exterior MaterialBrick
Lot Area1,742 sqft (0.04 acres)
View / LotCentral Business District

Utilities, Heating & Cooling

SewerMunicipal
Water SourceCommercial

Location & Zoning

Account Number07000132
Street Address418 WALNUT ST
CityREADING
StatePA
Zip19601
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal Block71
JurisdictionBERKS PA
Township / Civil DivisionREADING
Census Block Group4
Census Block4003
Census Tract100

Owner

Source: Berks County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address100 N 5TH ST, READING, PA 19601-3497
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
May 6, 2022Deed of Trust, Mortgage · Stand-Alone Second Mortgage
GARY MENGEL
May 5, 2022Deed, Transfer · Stand-Alone First Mortgage
GARY MENGEL

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 5, 2022 · Amount on Record
Deed SaleMay 5, 2022 · Amount on Record
Prior SaleJul 22, 2020 · Amount on Record
Deed Document Number202219002
Record UpdatedSep 20, 2026

May 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBERKS PA
Property Address418 WALNUT ST, READING, PA 19601
Transaction TypeMortgage
Record UpdatedMay 30, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000019179
DateMay 6, 2022
Instrument2022019179
Lender
NameGARY MENGEL
TypePrivate Party
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded

May 2022: Deed, Transfer

Document TypeDeed
JurisdictionBERKS PA
Recording DateMay 5, 2022
Property Address418 WALNUT ST, READING, PA 19601
Document Number0000019002
Instrument DateMay 5, 2022
Instrument2022019002
Transaction TypeTransfer
Record UpdatedApr 30, 2026
Title CompanyCONESTOGA TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$3,550.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address100 N 5TH ST APT 1803, 1803, READING, PA 19601-3650

Mortgage

Document Number0000019003
DateMay 5, 2022
Instrument2022019003
Lender
NameGARY MENGEL
TypePrivate Party
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Berks County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyBerks County
MunicipalityReading City
Unified School DistrictReading School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$790.00 (+6.61%)$28,000 (-) Land $12,000 Building $16,000$12,000 (-57.14%) Land $12,000
2024$741.00$28,000 Land $12,000 Building $16,000
1994$28,000 Land $12,000 Building $16,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 26, 2018 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2012)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2012 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemREADING AREA WATER AUTHORITY
serves 95,100 people · EPA ID PA3060059
Water SourceSurface water
Last State InspectionMay 2025
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · Apr 2025
E. coli
resolved · Oct 2018
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 999 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250

May also be available: AT&T, T-Mobile, Verizon.

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