Berks County property record for 701 Penn St, Reading, PA 19601 · Last verified June 2026
| Property Type | Commercial > Retail > Motel |
|---|---|
| Year Built | Built 2015 |
| Square Footage | 88,576 sqft Gross Area |
| Lot Size | 1.8 acres |
| Garage | Carport |
| Pool | Indoor Pool |
| Last Sale | $335,350 (2013) |
| Tax Bill | $387,541.00 (2026) |
| Primary APN | 5307-84-90-2318 |
|---|---|
| Alternative APNs |
|
| Units | 418 Units |
|---|---|
| Building Area | 88,576 sqft Gross Area |
| 1st Floor | 72,040 sqft 1st Floor |
| Basement Area | 27,725 sqft Basement |
| Stories | 8 Stories |
| Fire Sprinklers | The property is equipped with a fire-suppression sprinkler system |
| Elevator | Elevator |
| Year Built | Built 2015 |
|---|---|
| Effective Year Built | Effective 2015 |
| Exterior Material | Combination Exterior |
| Lot Area | 78,408 sqft |
| Garage Type | Carport Garage |
| Carport | Carport |
| Pool Type | Indoor Pool Pool Type |
| Total Buildings | 2 Total Buildings |
| Sewage | Municipal Sewage |
|---|---|
| Water Source | Commercial Water Source |
| Account Number | 08000117 |
|---|---|
| Street Address | 701 PENN ST |
| City | READING |
| State | PA |
| Zip | 19601-3510 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Motel |
| Legal Subdivision | DOUBLETREE HOTEL & GARAGE PROJ |
| Legal Block | 90 |
| Jurisdiction | BERKS PA |
| Minor Civil Division | READING |
| Census Blockgroup | 3 |
| Census Block | 3010 |
| Census Tract | 100 |
Source: Berks County records · APN 5307-84-90-2318
Assessment roll updated May 27, 2026 · Last verified June 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 4500 PERKIOMEN AVE, READING, PA 19606-3202 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Jun 30, 2021 | Deed of Trust, Mortgage · Line of Credit CUSTOMERS BANK |
| Apr 13, 2020 | Deed of Trust, Mortgage · Commercial Mortgage CUSTOMERS BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 23, 2013 · Amount on Record |
| Deed Sale | Dec 23, 2013 · Amount on Record |
| Prior Sale | Jul 23, 2009 · Amount on Record |
| Deed Doc Number | 201352555 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BERKS PA |
| Property Address | 701 PENN ST, READING, PA 19601-3510 |
| Transaction Type | Mortgage |
| Record Updated | May 30, 2023 |
| Name | Verified Name |
|---|---|
| Address | 4500 PERKIOMEN AVE, READING, PA 19606-3202 |
| Document Number | 0000032838 |
|---|---|
| Date | Jun 30, 2021 |
| Instrument | 2021032838 |
| Name | CUSTOMERS BANK |
|---|---|
| Type | Bank |
| Address | PHOENIXVILLE, PA 19460 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BERKS PA |
| Property Address | 701 PENN ST, READING, PA 19601-3510 |
| Transaction Type | Mortgage |
| Record Updated | Dec 12, 2022 |
| Name | Verified Name |
|---|
| Document Number | 0000012449 |
|---|---|
| Date | Apr 13, 2020 |
| Instrument | 2020012449 |
| Name | CUSTOMERS BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Berks County records · Assessment roll updated May 27, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Pennsylvania |
| County | Berks County |
| Municipality | Reading City |
| Unified School District | Reading School District (KG - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $387,541.00 (+6.63%) | $13,728,000 (-) Land $1,200,400 Building $12,527,600 | $1,200,400 (-91.26%) Land $1,200,400 |
| 2024 | $363,435.00 | $13,728,000 Land $1,200,400 Building $12,527,600 | |
| 1994 | $13,728,000 Land $1,200,400 Building $12,527,600 |
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