NOT LISTED FOR SALE

504 Lorane Rd Reading, PA 19606

Estimated Value: $211,000 - $294,000

3 Beds
1 Bath
1,392 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $165,000 $119 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,530/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • Exeter Township Senior High School Rated A-

About This Home

As of June 2022

This home is located at 504 Lorane Rd, Reading, PA 19606 since 19 May 2022 and is currently estimated at $257,337, approximately $184 per square foot. This property was built in 1949. 504 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.

Last Agent to Sell the Property

Jessica Braun

RE/MAX Of Reading License #RS358244 Listed on: 05/19/2022

RE/MAX Of Reading

Last Buyer's Agent

Jessica Braun

RE/MAX Of Reading License #RS358244 Listed on: 05/19/2022

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1.5 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lorane Orchard Subdivision

Listing and Financial Details

  • Tax Lot 5960
  • Assessor Parcel Number 43-5325-12-85-5960

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2784
  • Living Area Sq Ft: 1392
  • Price Per Sq Ft: 118.53
  • Above Grade Finished Sq Ft: 1392
  • Above Grade Unfinished Sq Ft: 1392
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • School District Key: 300200397319
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 52600.00
  • Land Assessed Value: 32000.00
  • Land Use Code: 101
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1504956
  • School Tax: 2893.00
  • Tax Annual Amount: 3843.00
  • Assessor Parcel Number: 43-5325-12-85-5960
  • Tax Lot: 5960
  • Tax Total Finished Sq Ft: 1392
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 21, 2022
Sold by
Angela Renski
Bought by
Donnelly Riley
Seller's Agent
Jessica Braun
RE/MAX Of Reading
Buyer's Agent
Jessica Braun
RE/MAX Of Reading
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$257,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,337
Avg. Annual Appreciation
14.99%
Original Mortgage
$156,750
Outstanding Balance
$150,204
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$102,066

Purchase Details

Closed on
Jun 27, 2006
Sold by
Boyer Phillip W and Boyer Betty I
Bought by
Renski Angela and Renski Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Donnelly Riley $165,000 None Listed On Document
Renski Angela $139,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Riley $156,750
Previous Owner Renski Doris $16,570
Previous Owner Renski Angela $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $165,000 0.0% $119 / Sq Ft
05/19/2022 05/19/22 For Sale $165,000 -- $119 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
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 $1,313 $84,600 $32,000 $52,600
2024 $4,018 $84,600 $32,000 $52,600
2023 $3,886 $84,600 $32,000 $52,600
2022 $3,843 $84,600 $32,000 $52,600
2021 $3,785 $84,600 $32,000 $52,600
2020 $3,743 $84,600 $32,000 $52,600
2019 $3,701 $84,600 $32,000 $52,600
2018 $3,690 $84,600 $32,000 $52,600
2017 $3,637 $84,600 $32,000 $52,600
2016 $906 $84,600 $32,000 $52,600
2015 $888 $84,600 $32,000 $52,600
2014 $857 $84,600 $32,000 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2016018

Bright MLS

APN: 43-5325-12-85-5960