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  3. 640 Walnut St
Reading·Hospital, Medical Facility (taxable)

640 Walnut St

Reading · Reading School District · 0.76 acres · Parcel 07530784818201

The buildingsValue and taxesSales historyProperties like thisOwner of recordWhere it is
640 Walnut St from the air, with the parcel outlined
$433,900
Assessed value
$20,185
Taxes a year, 2026 rates
$801,000
Last sold March 14, 2025

The buildings

Building1 of 2
Built1985
Floor area49,112 sq ft
Building2 of 2
Built1985
Floor area12,663 sq ft
Lot size0.76 acres
Land useHospital, Medical Facility (taxable)Commercial
On file asCommercial Building · Detached Improvements
Lot2
Plan0252 0001

Value and taxes

Land$300,000
Buildings$133,900
Assessed$433,900Tax year 2026, on the county's 1994 base
MarketAbout $1,353,800The state's ratio for Berks, 3.12 times the assessed value, July 1, 2026 to June 30, 2027
By nearby salesAssessed at 54% of its 2025 sale price; properties like it sold nearby average 54%
HomesteadNot enrolled
Taxes, 2026 ratesRateA year
Berks County9.013 mills$3,911
Reading19.217 mills$8,338
Reading School District18.29 mills$7,936
About $20,185 a year46.52 mills$20,185

How Berks County property tax works →

Sales history

DatePriceSeller and buyerDeed
March 14, 2025$801,000Reading Medical Development LP → Reading Medical Annex LPInstrument 2025007214
Reading Medical Development LP → Reading Medical Annex LP
October 2023$2,234,000Not on fileNot on file
June 1997$3,825,000Not on fileNot on file

Properties like this

7 sold within a mile in two years · median $500,000

210 N 5 St
Bank·Reading

210 N 5 St

Reading · 0.77 acres · 0.2 miles away · Parcel 07530775716590

Assessed at $476,300. Last sold September 10, 2025 for $500,000.

Court St
Commercial 10,001 to 20,000 Sf·Reading

Court St

Reading · 0.38 acres · 0.2 miles away · Parcel 08530784907497

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

29 S 5th St
Parking Lot·Reading

29 S 5th St

Reading · 0.66 acres · 0.3 miles away · Parcel 04530627891821

Assessed at $208,700. Last sold June 10, 2026 for $1,000,000.

339 N 9th St
Multi Story Up to 25,000 Sq Ft·Reading

339 N 9th St

Reading · 0.41 acres · 0.3 miles away · Parcel 09531769021363

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

249 Penn St
Public Utility (assessed Total)·Reading

249 Penn St

Reading · 0.58 acres · 0.4 miles away · Parcel 06530782606387

Assessed at $339,200. Last sold June 12, 2025 for $500,000.

702 N 8 St
3 Story or More Converted Office Office Apartments Above·Reading

702 N 8 St

Reading · 0.93 acres · 0.6 miles away · Parcel 12530760943381

Assessed at $2,072,500. Last sold September 30, 2026 for $13,350,000.

1539 Mineral Spring Rd
3 Story or Less Low Rise 5 to 10 Units 1 Bldg·Reading

1539 Mineral Spring Rd

Reading · 0.55 acres · 1.0 miles away · Parcel 16531606395144

Assessed at $207,800. Last sold February 2, 2026 for $387,500.

Owner of record

OwnerReading Medical Annex LP
Mailing50 N 5th StReading PA 19601

Where it is

Known asWalnut Medical Pavilion
Assessment file132 N 7th St
Parcel07530784818201PIN 530784818201
MunicipalityReading
SchoolsReading School District
Flood zoneOutside the mapped floodplains
DirectionsOpen this parcel in Google Maps →
  • Reading on BerksConnect→
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County data as of October 23, 2026. Information is based on geospatial data from the County of Berks.

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