NOT LISTED FOR SALE

408 Lorane Rd Reading, PA 19606

Lorane Neighborhood

Estimated Value: $273,000 - $315,347

3 Beds
1.5 Baths
2,122 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $137,000 $65 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,754/month

104 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Exeter Township Senior High School Rated A-
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of September 2012

Over 2000 square feet of space in Exeter SD with this 3 bedroom, 2 bathroom cape with large open Great Room and Sunroom. Great room features vaulted ceiling and ceiling fans with skylight in the sunroom. Kitchen features oak cabinetry and the 2nd floor Master Suite features a full bath and large sitting room. With hardwood flooring and tile throughout, this home also features a fireplace in the living room. Outside you can enjoy the cozy front porch with attached 1 car garage and enjoy the level fenced yard. Great price and convenient location all add up to make this one a home to put on your short list of "MUST SEE" homes. Make your appointment today. All owner occupants to sign the owner occupant certification and submit with offer. NO offers until the property is listed for 3 full days. At day 4 owner occupant, NSP, and public entity offers will be negotiated. NO investor offers until day 16. Purchasers representative is responsible for utilities for inspections as well as any local CO requirement

Last Listed By

Dale Kessler

Realty 365 Listed on: 04/12/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,122 Sq Ft Home
  • Property has 1.5 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Deck
  • Shed
  • Breezeway
  • Porch

Schools

  • Lorane Elementary School
  • Exeter Township Junior Middle School
  • Exeter Township Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6129
  • Assessor Parcel Number 43-5325-12-86-6129

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: Over 2000 square feet of space in Exeter SD with this 3 bedroom, 2 bathroom cape with large open Great Room and Sunroom. Great room features vaulted ceiling and ceiling fans with skylight in the sunroom. Kitchen features oak cabinetry and the 2nd floor Master Suite features a full bath and large sitting room. With hardwood flooring and tile throughout, this home also features a fireplace in the living room. Outside you can enjoy the cozy front porch with attached 1 car garage and enjoy the level fenced yard. Great price and convenient location all add up to make this one a home to put on your short list of "MUST SEE" homes. Make your appointment today. All owner occupants to sign the owner occupant certification and submit with offer. NO offers until the property is listed for 3 full days. At day 4 owner occupant, NSP, and public entity offers will be negotiated. NO investor offers until day 16. Purchasers representative is responsible for utilities for inspections as well as any local CO requirement
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Slab
  • Levels Count: 1.5
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2122
  • Living Area Sq Ft: 2122
  • Net Sq Ft: 2122.00
  • Price Per Sq Ft: 61.22
  • Above Grade Finished Sq Ft: 2122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • 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 Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • Elementary School: LORANE
  • Middle School: EXETER TOWNSHIP JUNIOR
  • High School: EXETER TOWNSHIP SENIOR
  • School District Key: 300200397319
  • Elementary School: LORANE
  • High School: EXETER TOWNSHIP SENIOR
  • Middle Or Junior School: EXETER TOWNSHIP JUNIOR

Lot Info

  • Improvement Assessed Value: 60000.00
  • Land Assessed Value: 34100.00
  • Land Use Code: 110
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.41
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Outdoor Living Structures: Deck(s), Porch(es), Breezeway
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1505000
  • Tax Annual Amount: 3727.00
  • Assessor Parcel Number: 43-5325-12-86-6129
  • Tax Lot: 6129
  • Tax Year: 2012
  • Close Date: 09/21/2012

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Sep 10, 2012
Sold by
Fannie Mae
Bought by
Mccann Raymond R and Lehr Nichole M
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Rebecca Johnson
RE/MAX Of Reading
List Price
$139,900
Sold Price
$137,000
Premium/Discount to List
-$2,900
-2.07%
Total Days on Market
104
Current Estimated Value
$294,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,837
Avg. Annual Appreciation
6.41%
Original Mortgage
$2,740
Outstanding Balance
$1,952
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$298,512

Purchase Details

Closed on
Mar 26, 2012
Sold by
Schenck Alicia M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2007
Sold by
Clinton Keith M and Heller Michelle L
Bought by
Schenck Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Mccord Shawn I and Mccord Deborah A
Bought by
Clinton Keith M and Heller Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Tolland Arthur F and Tolland Carol L
Bought by
Mccord Shawn I and Mccord Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.98%

Range of Values:

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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
Mccann Raymond R $137,000 None Available
Federal National Mortgage Association -- None Available
Schenck Alicia M $186,500 Conestoga Title Insurance
Clinton Keith M $171,000 --
Mccord Shawn I $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann Raymond R $2,740
Previous Owner Schenck Alicia M $186,500
Previous Owner Clinton Keith M $171,000
Previous Owner Mccord Shawn I $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $137,000 +5.5% $65 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/09/2012 07/09/12 Price Changed $129,900 -7.2% $61 / Sq Ft
06/26/2012 06/26/12 Price Changed $139,990 +0.1% $66 / Sq Ft
04/12/2012 04/12/12 For Sale $139,900 -- $66 / 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 $1,444 $94,100 $34,100 $60,000
2024 $4,469 $94,100 $34,100 $60,000
2023 $4,323 $94,100 $34,100 $60,000
2022 $4,274 $94,100 $34,100 $60,000
2021 $4,210 $94,100 $34,100 $60,000
2020 $4,163 $94,100 $34,100 $60,000
2019 $4,117 $94,100 $34,100 $60,000
2018 $4,104 $94,100 $34,100 $60,000
2017 $4,045 $94,100 $34,100 $60,000
2016 $988 $94,100 $34,100 $60,000
2015 $988 $94,100 $34,100 $60,000
2014 $953 $94,100 $34,100 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Dale Kessler

    Seller's Agent in 2012

    Dale Kessler

    Realty 365

    (484) 707-3201

    1 in this area

    287 Total Sales

    Dale Kessler
    Section Image
  • Rebecca Johnson

    Buyer's Agent in 2012

    Rebecca Johnson

    RE/MAX of Reading

    (610) 507-6281

    4 in this area

    90 Total Sales

    Rebecca Johnson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003921440

Bright MLS

APN: 43-5325-12-86-6129

Pennsylvania Berks County Reading 19606 Lorane

408 Lorane Rd, Reading, PA

Homes for Sale in Reading, PA

This home is located at 408 Lorane Rd, Reading, PA 19606 since 12 April 2012 and is currently estimated at $294,837, approximately $138 per square foot. This property was built in 1954. 408 Lorane Rd is a home located in Berks County with nearby schools including Lorane Elementary School, Exeter Township Junior High School, and Exeter Township Senior High School.

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