Seller's Agent in 2025
Clair Mckoy
Iron Valley Real Estate of Berks
(484) 769-5680
107 Total Sales
643 Penn Ave Reading, PA 19611
Estimated Value: $575,757
Studio
1
Bath
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Wood Flooring
- Downtown Location
- Hot Water Heating System
- West Reading Elementary Center Rated A-
- Central Heating and Cooling System
About This Home
As of August 2025Located in the vibrant and highly desirable West Reading corridor, this fully leased two-unit mixed-use property offers immediate income and long-term potential. The first floor features a commercial/retail space currently occupied by a stable tenant. With high visibility, excellent foot traffic, and a strong presence on one of the busiest streets in the area, this space is ideal for continued retail or professional use.
The second floor is a well-maintained 2 bedroom residential unit, also tenant-occupied, providing additional steady income. The apartment has a private entrance and offers a comfortable living space with a layout that suits long-term rental demand in this popular neighborhood.
Property boasts a solid rental history with reliable tenants in place. Just steps from Penn Avenue’s shops, dining, and entertainment, this property is perfectly positioned for both investor and potential owner-occupant interest.
Last Agent to Sell the Property
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #RS351963 Listed on: 06/22/2025
Last Buyer's Agent
(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS362685
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,672
Year Built
- Built in 1920
Lot Details
- 3,920 Sq Ft Lot
- Downtown Location
Home Design
- Brick Exterior Construction
- Pitched Roof
- Concrete Perimeter Foundation
Flooring
- Wood
- Tile or Brick
- Vinyl
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 2389
- Assessor Parcel Number 93-5307-17-10-2389
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2025
Closed on
Aug 25, 2025
Sold by
Bought by
Seller's Agent
Clair Mckoy
Iron Valley Real Estate of Berks
Buyer's Agent
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
List Price
$550,000
Sold Price
$550,000
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,757
Avg. Annual Appreciation
5.34%
Original Mortgage
$412,500
Interest Rate
0.0674%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.0632%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0367%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 22, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 2007
Sold by
Bought by
Purchase Details
Closed on
Sep 16, 2004
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | Terra Settlement Services | ||
| $375,000 | None Listed On Document | ||
| $150,000 | None Available | ||
| $2,000 | None Available | ||
| $395,000 | First American Title Ins Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $412,500 | ||
| Closed | $281,250 | ||
| Previous Owner | $120,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $550,000 | 0.0% | -- |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 06/22/2025 06/22/25 | For Sale | $550,000 | -- | -- |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,381 | $143,800 | $56,600 | $87,200 |
| 2025 | $3,252 | $143,800 | $56,600 | $87,200 |
| 2024 | $7,948 | $143,800 | $56,600 | $87,200 |
| 2023 | $3,845 | $104,800 | $56,600 | $48,200 |
| 2022 | $5,376 | $104,800 | $56,600 | $48,200 |
| 2021 | $5,283 | $104,800 | $56,600 | $48,200 |
| 2020 | $5,129 | $104,800 | $56,600 | $48,200 |
| 2019 | $5,023 | $104,800 | $56,600 | $48,200 |
| 2018 | $4,881 | $104,800 | $56,600 | $48,200 |
| 2017 | $4,772 | $104,800 | $56,600 | $48,200 |
| 2016 | $1,538 | $104,800 | $56,600 | $48,200 |
| 2015 | $1,538 | $104,800 | $56,600 | $48,200 |
| 2014 | $1,486 | $104,800 | $56,600 | $48,200 |
Source: Public Records
Agents Affiliated with this Home
-
Clair Mckoy
-
Chris Marrella
C
Buyer's Agent in 2025
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
(609) 442-9946
89 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2059058
APN: 93-5307-17-10-2389
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
Nearby Homes
- 617 Reading Ave
- 106 S 6th Ave
- 730 Franklin St
- 116 S 6th Ave
- 164 Tulpehocken Ave
- 116 S Park Rd
- 427 Chestnut St
- 318 Franklin St
- 438 Oak Terrace
- 303 Chestnut St
- 401 Ann St
- 102 Yarnell St
- 1116 Belmont Ave
- 305 Sycamore Rd
- 523 Oley St
- 17 State Hill Rd
- 707 Oley St
- 431 W Greenwich St
- 518 Johnson St
- 1199 Reading Blvd
- 643 Penn Ave Unit 2ND FL
- 643 Penn Ave Unit 2ND FLOOR
- 645 Penn Ave
- 641 Penn Ave
- 637 Penn Ave
- 635 Penn Ave
- 633 Penn Ave Unit 1
- 631 Penn Ave
- 707 Penn Ave
- 634 Penn Ave
- 700 Reading Ave
- 709 Penn Ave
- 702 Reading Ave
- 632 Penn Ave
- 711 Penn Ave
- 704 Reading Ave
- 630 Penn Ave Unit 3
- 706 Reading Ave
- 617 Penn Ave
- 713 Penn Ave
Your Personal Tour Guide
Ask me questions while you tour the home.