NOT LISTED FOR SALE

5501 E Lorane Rd Reading, PA 19606

Lorane Neighborhood

Estimated Value: $430,478 - $663,000

4 Beds
3 Baths
1,944 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $360,000 $185 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,071/month

Highlights

  • 4.9 Acre Lot
  • Barn or Farm Building
  • Farmhouse Style Home
  • Exeter Township Senior High School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of December 2017

None

Last Listed By

Samuel Padovani

RE/MAX Of Reading License #RS320171 Listed on: 12/13/2017

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,791

Year Built

  • Built in 1850

Lot Details

  • 4.9 Acre Lot
  • Lot Dimensions are 478x212
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Wood Roof
  • Stone Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

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

Farming

  • Barn or Farm Building

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6146
  • Assessor Parcel Number 43-5335-09-05-6146

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,791

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1850
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Water Treat System, Stall Shower, Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Stone
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1944
  • Living Area Sq Ft: 1944
  • Net Sq Ft: 1944.00
  • Price Per Sq Ft: 185.19
  • Above Grade Finished Sq Ft: 1944
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Shed, Barn/Farm Building
  • Other Structures List: Shed, Barn/Farm Building
  • Construction Materials: Stone
  • Access To Pool: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 100900.00
  • Land Assessed Value: 55600.00
  • Land Use Code: 113
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 4.90
  • Lot Dimensions: 478X212
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 213444.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1508538
  • Tax Annual Amount: 6791.00
  • Assessor Parcel Number: 43-5335-09-05-6146
  • Tax Lot: 6146
  • Tax Year: 2017
  • Close Date: 12/15/2017

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Dec 15, 2017
Sold by
Walton Todd C and Walton Karin
Bought by
Kiene Dustin J
Seller's Agent
Samuel Padovani
RE/MAX Of Reading
Buyer's Agent
Matt Wolf
RE/MAX Of Reading
List Price
$360,000
Sold Price
$360,000
Total Days on Market
0
Current Estimated Value
$516,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,870
Avg. Annual Appreciation
5.00%
Original Mortgage
$324,000
Outstanding Balance
$276,016
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$240,854

Purchase Details

Closed on
Oct 12, 2001
Sold by
Layman Carl L and Layman Doreen M
Bought by
Walton Todd C and Walton Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.13%

Range of Values:

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Average Value
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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
Kiene Dustin J -- --
Walton Todd C $247,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiene Dustin J $90,000
Open Kiene Dustin J $324,000
Previous Owner Walton Todd C $126,000
Previous Owner Walton Todd C $20,000
Previous Owner Walton Todd C $192,000
Previous Owner Walton Todd C $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $360,000 0.0% $185 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $360,000 -- $185 / 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 $2,460 $167,600 $55,600 $112,000
2024 $7,959 $167,600 $55,600 $112,000
2023 $7,189 $156,500 $55,600 $100,900
2022 $7,109 $156,500 $55,600 $100,900
2021 $7,001 $156,500 $55,600 $100,900
2020 $6,923 $156,500 $55,600 $100,900
2019 $6,847 $156,500 $55,600 $100,900
2018 $6,826 $156,500 $55,600 $100,900
2017 $6,728 $156,500 $55,600 $100,900
2016 $1,643 $156,500 $55,600 $100,900
2015 $1,643 $156,500 $55,600 $100,900
2014 $1,585 $156,500 $55,600 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Samuel Padovani

    Seller's Agent in 2017

    Samuel Padovani

    RE/MAX of Reading

    (484) 955-9599

    12 in this area

    237 Total Sales

    Samuel Padovani
    Section Image
  • Matt Wolf

    Buyer's Agent in 2017

    Matt Wolf

    RE/MAX of Reading

    (610) 587-3844

    19 in this area

    455 Total Sales

    Matt Wolf
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004315413

Bright MLS

APN: 43-5335-09-05-6146

Pennsylvania Berks County Reading 19606 Lorane

5501 E Lorane Rd, Reading, PA

Homes for Sale in Reading, PA

This home is located at 5501 E Lorane Rd, Reading, PA 19606 since 13 December 2017 and is currently estimated at $516,870, approximately $265 per square foot. This property was built in 1850. 5501 E 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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