NOT LISTED FOR SALE

518 Lorane Rd Reading, PA 19606

Estimated Value: $242,391 - $318,000

2 Beds
1 Bath
1,123 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $124,900 $111 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,543/month

Highlights

  • Cape Cod Architecture
  • Attic
  • Porch
  • Exeter Township Senior High School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of March 2017

Pride of ownership is evident! Same owner for almost 50 years has taken immaculate care of this cozy 2 bedroom single situated in the Exeter School District. Eat in kitchen offers maple cabinets and all appliances remaining for the new owner. Living and dining room boast brand new wall to wall carpeting. Full bath has been recently updated, offering a newer vanity, commode and tub. The second floor of the home has been finished and is currently being used as the master bedroom offering almost 300 sq./ft of living space with new carpet and paint, this room could easily be converted to a large 25x12 playroom. On both sides of the floor there are areas for a good amount of storage. The basement is clean and dry and would make a great man cave or game room with just a little imagination. The 1-car garage is just steps away and completing this room is the laundry area offering washer, dryer and large double sink laundry tub all staying for the new buyer. New lifetime architectural shingled roof, replacement windows, oil heater is less than 10 years old and very well maintained. The side porch, extended driveway and large flat yard are just a few of the great amenities this home offers. The home is a must see to truly appreciate and is priced to sell. Call today to schedule you private showing!

Last Agent to Sell the Property

Daryl Tillman

(484) 336-7758 daryl@daryltillman.com Daryl Tillman Realty Group License #RS302939 Listed on: 01/27/2017

Last Buyer's Agent

Diane Wuerth

(610) 316-3632 DianeSellsHomes1@gmail.com BIG Realty License #RS331272

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 0.25 Acre Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

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

Interior Spaces

  • 1,123 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Exeter Township Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Porch

Community Details

  • No Home Owners Association
  • Lorane Orchard Subdivision

Listing and Financial Details

  • Tax Lot 5720
  • Assessor Parcel Number 43-5325-12-85-5720

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: 2 Refrigerators, Washer, Dryer, Microwave, 2 Window A/C Units
  • New Construction: No
  • Story List: Main
  • Year Built: 1942
  • Remarks Public: Pride of ownership is evident! Same owner for almost 50 years has taken immaculate care of this cozy 2 bedroom single situated in the Exeter School District. Eat in kitchen offers maple cabinets and all appliances remaining for the new owner. Living and dining room boast brand new wall to wall carpeting. Full bath has been recently updated, offering a newer vanity, commode and tub. The second floor of the home has been finished and is currently being used as the master bedroom offering almost 300 sq./ft of living space with new carpet and paint, this room could easily be converted to a large 25x12 playroom. On both sides of the floor there are areas for a good amount of storage. The basement is clean and dry and would make a great man cave or game room with just a little imagination. The 1-car garage is just steps away and completing this room is the laundry area offering washer, dryer and large double sink laundry tub all staying for the new buyer. New lifetime architectural shingled roof, replacement windows, oil heater is less than 10 years old and very well maintained. The side porch, extended driveway and large flat yard are just a few of the great amenities this home offers. The home is a must see to truly appreciate and is priced to sell. Call today to schedule you private showing!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1123
  • Living Area Sq Ft: 1123
  • Net Sq Ft: 1123.00
  • Price Per Sq Ft: 111.22
  • Above Grade Finished Sq Ft: 1123
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: 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: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, 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
  • Senior Community: No

Schools

  • School District: EXETER TOWNSHIP
  • High School: EXETER TOWNSHIP SENIOR
  • School District Key: 300200397319
  • High School: EXETER TOWNSHIP SENIOR

Lot Info

  • Improvement Assessed Value: 45700.00
  • Land Assessed Value: 32500.00
  • Land Use Code: 101
  • Lot Size Acres: 0.25
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1504953
  • Tax Annual Amount: 3362.00
  • Assessor Parcel Number: 43-5325-12-85-5720
  • Tax Lot: 5720
  • Tax Year: 2017
  • Close Date: 03/31/2017

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Breden Austin L and Wagner Lindsey N
Bought by
Breden Austin L and Breden Lindsey N
Current Estimated Value
$271,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Outstanding Balance
$108,644
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$150,914

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 31, 2017
Sold by
Frampton Carol J
Bought by
Breden Austin L and Wagner Lindsey N
Seller's Agent
Daryl Tillman
Daryl Tillman Realty Group
Buyer's Agent
Diane Wuerth
BIG Realty
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$122,637
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1974
Bought by
Frampton Larry K and Frampton Carol J
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
Breden Austin L -- Evans Abstract
Breden Austin L $124,900 None Available
Frampton Larry K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breden Austin L $121,600
Closed Breden Austin L $122,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $124,900 0.0% $111 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $124,900 -- $111 / 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 $1,225 $78,200 $32,500 $45,700
2024 $3,714 $78,200 $32,500 $45,700
2023 $3,592 $78,200 $32,500 $45,700
2022 $3,552 $78,200 $32,500 $45,700
2021 $3,498 $78,200 $32,500 $45,700
2020 $3,459 $78,200 $32,500 $45,700
2019 $3,421 $78,200 $32,500 $45,700
2018 $3,411 $78,200 $32,500 $45,700
2017 $3,362 $78,200 $32,500 $45,700
2016 $838 $78,200 $32,500 $45,700
2015 $821 $78,200 $32,500 $45,700
2014 $792 $78,200 $32,500 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003260955

Bright MLS

APN: 43-5325-12-85-5720