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Single Family ResidenceResidential
$201,378$138 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $112,000 on May 5, 2023

138 WATER ST

READING, PA 19605
3
Beds
2
Baths
1,464 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.36 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$201K
$172K low$231K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$112,000 · May 5, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,037 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$69,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$33,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$35,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$65,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$69,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.85 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyBerks
Lot (acres)The size of the land the home sits on, from county records.0.36
HeatingThe type of heating system in the home.Radiant
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Muhlenberg High SchoolD
High · Grades 10–12 · 0.7 mi
E
Muhlenberg Elementary CenterD+
Elementary · Grades KG–4 · 0.8 mi
M
Muhlenberg Middle SchoolD
Middle · Grades 7–9 · 1.0 mi

District: Muhlenberg School District

Neighborhood · ZIP 19605These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.69
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.132
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.74

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,354
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,307 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,848
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,264
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

138 Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Reading 19605
  • Costs less per square foot than 93% of homes in Reading 19605
  • Has a bigger lot than 81% of homes in Reading 19605
  • Older than 94% of homes in Reading 19605

What homes are worth in Reading 19605

Each bar is how many homes fall in that price range. The marker is this home.

This home
$156K$560K

This home is worth more than 13% of homes in Reading 19605.

How it measures up in Reading 19605

The dot is this home. The mark in the middle is the typical home in Reading 19605.

Estimated value$201,378
CheaperTypical $299,371Pricier

Pricier than 13% of homes nearby

Price per ft²$138
CheaperTypical $191Pricier

Pricier than 7% of homes nearby

Living area1,464 ft²
SmallerTypical 1,500 ft²Bigger

Bigger than 48% of homes nearby

Lot size0.36 ac
SmallerTypical 0.21 acBigger

Bigger than 81% of homes nearby

Year built1910
OlderTypical 1964Newer

Newer than 6% of homes nearby

How 138 Water St ranks against every home in each area.
MeasureThis homeReading 19605Berks County
Estimated valuepricier than$201,37813% of homes18% of homes
Price per ft²pricier than$1387% of homes16% of homes
Living areabigger than1,464 ft²48% of homes41% of homes
Lot sizebigger than0.36 ac81% of homes62% of homes
Year builtnewer than19106% of homes21% of homes

About 138 Water St

How much is 138 Water St, Reading, PA worth?

The TopHap Estimate for 138 Water St, Reading, PA is $201,378 as of Oct 21, 2026. The likely range is $171,583 to $231,173. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 138 Water St, Reading, PA last sell?

138 Water St, Reading, PA last sold on May 5, 2023 for $112,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 138 Water St, Reading, PA?

138 Water St, Reading, PA has 3 bedrooms, 2 bathrooms, 1,464 square feet of living space and a 0.36-acre lot.

When was 138 Water St, Reading, PA built?

138 Water St, Reading, PA was built in 1910, making it 116 years old. The building has 1 story.

What schools serve 138 Water St, Reading, PA?

138 Water St, Reading, PA is assigned to Muhlenberg High School (high), rated D; Muhlenberg Elementary Center (elementary), rated D+; Muhlenberg Middle School (middle), rated D. All sit in Muhlenberg School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 138 Water St, Reading, PA compare to other homes in Reading 19605?

Among the 7,547 homes in Reading 19605, it is worth more than 13% of them ($201,378 against a typical $299,371), its price per square foot is higher than 7% of them ($138 against a typical $191), it is bigger than 48% of them (1,464 ft² against a typical 1,500 ft²), its lot is bigger than 81% of them (0.36 ac against a typical 0.21 ac) and it is newer than 6% of them (1910 against a typical 1964). Measured against all of Berks County, it is worth more than 18% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 138 Water St, Reading, PA?

The 2025 property tax bill for 138 Water St, Reading, PA was $1,037. The county assessed it at $69,100.

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