516 Franklin St, Reading, PA 19602 Property Records

Berks County property record for 516 Franklin St, Reading, PA 19602

Property Summary

Property Type	Multi-Family Dwellings
Details	7 bd · 2.5 ba · 2,587 sqft · built 1890
Lot Size	0.03 acres (1,307 sqft)
Owner	Company Name on File
Last Sale	$79,900 (May 2019)
Tax Bill	$886 (2026)
Deeds & Mortgages	May 2019 Sale & Mortgage Jul 2017 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`5306-27-89-0544`

Property Details

APN / Parcel Number

Primary APN	`5306-27-89-0544`
Alternative APNs	`04-5306-27-89-0544` `4379400` `379400`

Interior

Bedrooms	7 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	10 Rooms
Units	2 Units
Stories	3 Stories
Building Area	2,587 sqft Living Area

Exterior

Year Built	Built 1890
Effective Year Built	Effective 1890
Architectural Style	Multi-Family
Exterior Material	Brick
Construction Type	Masonry / Concrete Block
Lot Area	1,307 sqft (0.03 acres)
View / Lot	Neighborhood

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Hot Water
Heating Fuel	Oil
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	4379400
Street Address	516 FRANKLIN ST
City	READING
State	PA
Zip	19602-1009
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Block	90
Jurisdiction	BERKS PA
Township / Civil Division	READING
Census Block Group	4
Census Block	4017
Census Tract	100

Owner

516 Franklin St, a residential property, is owned by a company that bought it in May 2019.

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	279 TOMPKINS AVE, 4R, BROOKLYN, NY 11216-4522
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
May 24, 2019	Deed, Transfer · Conventional Mortgage FLORIDA CAPITAL BANK NA
Jul 6, 2017	Grant Deed, Transfer STEWART ABSTRACT AND TITLE, STEWART ABSTRACT
May 9, 2017	Deed in Lieu of Foreclosure, Foreclosure ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 24, 2019 · Amount on File
Deed Sale	May 24, 2019 · Amount on File
Prior Sale	Jul 6, 2017 · Amount on File
Deed Document Number	201916255
Record Updated	Oct 29, 2026

May 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	BERKS PA
Recording Date	May 24, 2019
Property Address	516 FRANKLIN ST, READING, PA 19602-1009
Document Number	0000016255
Instrument Date	May 19, 2019
Instrument	2019016255
Transaction Type	Transfer
Record Updated	May 25, 2021
Title Company	EDGE ABSTRACT

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Severalty
Address	279 TOMPKINS AVE APT 4R, 4R, BROOKLYN, NY 11216-4522

Mortgage

Document Number	0000016256
Date	May 24, 2019
Instrument	2019016256

Lender

Name	FLORIDA CAPITAL BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2049

July 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	BERKS PA
Recording Date	Jul 6, 2017
Property Address	516 FRANKLIN ST, READING, PA 19602-1009
Document Number	0000024282
Instrument Date	Jun 20, 2017
Instrument	24282
Transaction Type	Transfer
Record Updated	Aug 15, 2017
Title Company	STEWART ABSTRACT AND TITLE, STEWART ABSTRACT

Transaction

Amount	Amount on Record
Tax	$261.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	516 FRANKLIN ST READING PA 196021009, READING, PA 19602-1009

May 2017: Deed in Lieu of Foreclosure, Foreclosure

Document Type	Deed in Lieu of Foreclosure
Jurisdiction	BERKS PA
Recording Date	May 9, 2017
Property Address	516 FRANKLIN ST, READING, PA 19602-1009
Document Number	0000016450
Instrument Date	Apr 10, 2017
Instrument	16450
Transaction Type	Foreclosure
Record Updated	Jun 19, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$974.00
Amount Accuracy	Confirmed
Additional	Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Association

Tax Assessment & Valuation

The 2026 property tax bill for 516 Franklin St was $886.

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

Property Jurisdictions

Type	Name
State	Pennsylvania
County	Berks County
Municipality	Reading City
Unified School District	Reading School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$886.00	$31,400 Land $8,800 Building $22,600	$8,800 Land $8,800
2024	$831.00	$31,400 Land $8,800 Building $22,600
1994			$31,400 Land $8,800 Building $22,600

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

Flood

FEMA maps place 516 Franklin St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2012.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2012)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Aug 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

Wildfire risk around 516 Franklin St is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood	0.01% annual chance
Exposure	None 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 System	READING AREA WATER AUTHORITY serves 95,100 people · EPA ID PA3060059
Water Source	Surface water
Last State Inspection	May 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · Apr 2025 E. coli resolved · Oct 2018
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 801 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

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

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