NOT LISTED FOR SALE

206 Lorane Rd Reading, PA 19606

Estimated Value: $316,000 - $382,992

3 Beds
2.5 Baths
2,228 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $160,000 $72 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,002/month

67 Days on Market

Highlights

  • 0.73 Acre Lot
  • Traditional Architecture
  • No HOA
  • Exeter Township Senior High School Rated A-
  • 2 Fireplaces
  • Eat-In Kitchen

About This Home

As of March 2012

Well-built solid 3 bedroom, 2 1/2 bath Stone Cape Cod with newer windows in Exeter Schools. 1 full bath and laundry on first floor, plus the office could be used as a bedroom if need be, making one floor living possible. 21 handle eat-in kitchen, dining room features include chair rail and crown molding. Stay warm and cozy by the stone fireplace in the living room. Master bedroom includes a sitting room. L-shaped basement family room can be used for entertaining, game room, exercise etc and also has a fireplace. Basement also has a toilet and shower. There is also ample storage in the basement. Small covered front porch, rear patio, carport - all of this sits on almost 3/4 acre. This home does need some updating and cosmetics which can be changed over time, but has tons of potential. Quick possession is possible. Conveniently close to Rt 422 restaurants and shopping.

Last Agent to Sell the Property

Thomas Hoch

(610) 685-3139 thoch@goberkscounty.com RE/MAX Of Reading License #RS225615L Listed on: 11/05/2011

RE/MAX Of Reading

Last Buyer's Agent

Victoria Commender

(610) 823-1655 vcommender@c21gold.com Century 21 Gold License #RS290022

Century 21 Gold

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.73 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Stone Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • Attached Carport
  • Driveway

Outdoor Features

  • Patio

Schools

  • Exeter Township Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5282
  • Assessor Parcel Number 43-5325-12-87-5282

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Refrigerator
  • Inclusions: Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1947
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Stone
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Net Sq Ft: 2228.00
  • Price Per Sq Ft: 76.26
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Steam
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: EXETER TOWNSHIP SENIOR

Lot Info

  • Improvement Assessed Value: 74300.00
  • Land Assessed Value: 37300.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.73
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31799.00
  • Outdoor Living Structures: Roof, Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1505011
  • Tax Annual Amount: 4421.00
  • Assessor Parcel Number: 43-5325-12-87-5282
  • Tax Lot: 5282
  • Tax Year: 2011

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2011
Closed on
Mar 9, 2012
Sold by
Schwartz Alberta T and Schumacher Pamela L
Bought by
Fizz Peter Z
Seller's Agent
Thomas Hoch
RE/MAX Of Reading
Buyer's Agent
Victoria Commender
Century 21 Gold
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$353,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,748
Avg. Annual Appreciation
5.94%
Original Mortgage
$155,944
Outstanding Balance
$106,507
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$247,241

Purchase Details

Closed on
Dec 2, 2002
Sold by
Schwartz Alberta T
Bought by
Palecek Richard A and Palecek Cindy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fizz Peter Z $160,000 None Available
Palecek Richard A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fizz Peter Z $155,944
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $160,000 -5.8% $72 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
11/05/2011 11/05/11 For Sale $169,900 -- $76 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $1,686 $111,600 $37,300 $74,300
2024 $5,300 $111,600 $37,300 $74,300
2023 $5,127 $111,600 $37,300 $74,300
2022 $5,069 $111,600 $37,300 $74,300
2021 $4,992 $111,600 $37,300 $74,300
2020 $4,937 $111,600 $37,300 $74,300
2019 $4,882 $111,600 $37,300 $74,300
2018 $4,868 $111,600 $37,300 $74,300
2017 $4,798 $111,600 $37,300 $74,300
2016 $1,172 $111,600 $37,300 $74,300
2015 $1,172 $111,600 $37,300 $74,300
2014 $1,130 $111,600 $37,300 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004567556

Bright MLS

APN: 43-5325-12-87-5282