Reading3 Story or More Built As Store Office Apartments Above

940 Penn St

Reading · Reading School District · 0.22 acres · Parcel 03531777004023

$132,200
Assessed value: $6,150
Taxes a year, 2026 rates: $650,000
Last sold July 17, 2026

The buildings

Built1900

Floor area38,400 sq ft

Lot size0.22 acres

Land use3 Story or More Built As Store Office Apartments AboveCommercial

On file asCommercial Building

Value and taxes

Land$49,700

Buildings$82,500

Assessed$132,200Tax year 2026, on the county's 1994 base

MarketAbout $412,500The state's ratio for Berks, 3.12 times the assessed value, July 1, 2026 to June 30, 2027

By nearby salesAssessed at 20% of its 2026 sale price; properties like it sold nearby average 45%

HomesteadNot enrolled

Taxes, 2026 rates	Rate	A year
Berks County	9.013 mills	$1,192
Reading	19.217 mills	$2,540
Reading School District	18.29 mills	$2,418
About $6,150 a year	46.52 mills	$6,150

How Berks County property tax works →

Sales history

Date	Price	Deed
July 17, 2026	$650,000	Instrument 2026023355
December 2015	$124,000	Not on file

Properties like this

19 sold within a mile in two years · median $225,000

Multi Story Up to 25,000 Sq FtReading

39 Moss St

Reading · 0.11 acres · 0.1 miles away · Parcel 08531777003664

Assessed at $43,600. Last sold June 20, 2025 for $100,000.

Commercial 10,001 to 20,000 SfReading

Court St

Reading · 0.38 acres · 0.1 miles away · Parcel 08530784907497

Assessed at $65,000. Last sold July 2, 2026 for $7,775,000.

1 Story Build As StoreReading

1170 Perkiomen Ave

Reading · 0.17 acres · 0.2 miles away · Parcel 03531622195699

Assessed at $72,300. Last sold September 25, 2026 for $430,000.

Multi Story Up to 25,000 Sq FtReading

707 Molino St

Reading · 0.15 acres · 0.4 miles away · Parcel 09530776910592

Assessed at $69,700. Last sold December 11, 2024 for $100,000.

Church (taxable)Reading

621 Washington St

Reading · 0.27 acres · 0.4 miles away · Parcel 07530783806819

Assessed at $163,800. Last sold March 9, 2026 for $130,000.

Coin Operated LaundermatReading

1112 Muhlenberg St

Reading · 0.35 acres · 0.4 miles away · Parcel 10531630182079

Assessed at $188,700. Last sold December 18, 2025 for $600,000.

3 Story or More Converted Store Office Apartments AboveReading

24 N 6 St

Reading · 0.13 acres · 0.4 miles away · Parcel 07530783803620

Assessed at $175,000. Last sold July 17, 2026 for $355,000.

Multi Story Up to 25,000 Sq FtReading

339 N 9th St

Reading · 0.41 acres · 0.4 miles away · Parcel 09531769021363

Assessed at $126,400. Last sold October 17, 2025 for $100,000.

Owner of record

OwnerLuna Ferreras Property Group LLC

Mailing837 Rose StReading PA 19601

Where it is

Addresses940 Penn St · 945 Cherry St

Parcel03531777004023PIN 531777004023

MunicipalityReading

SchoolsReading School District

Flood zoneOutside the mapped floodplains

Historic districtPenn Commons District, eligible for the National Register

Historic siteAnnie & Edward Gately Building

DirectionsOpen this parcel in Google Maps →

County data as of October 23, 2026. Information is based on geospatial data from the County of Berks.