NOT LISTED FOR SALE

614 Lorane Rd Reading, PA 19606

Lorane Neighborhood

Estimated Value: $264,000 - $338,000

3 Beds
2.5 Baths
1,715 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $235,000 $137 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,799/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • More Than Two Accessible Exits
  • Exeter Township Senior High School Rated A-
  • 1 Car Detached Garage
  • 1 Detached Carport Space

About This Home

As of August 2020

Beautifully remodeled three bedroom, two and a half bathroom home in Exeter Township. This house has over 1700 square feet of functional and charming updates - not including the wonderfully finished basement that adds an extra 660 sq ft of living space! The open and airy first floor boasts a newly finished kitchen with granite countertops and new cabinets with soft-close drawers. The living room, dining room, master bedroom, and full bath complete the first floor. You cannot help but notice the restored oak flooring throughout the first level. Two additional bedrooms and an oversized half bath can be found on the second floor. Extra storage areas are also in each bedroom. Large closets are in all of the bedrooms. In addition to the finished living space, the basement offers a laundry room, extra storage, and a gorgeous full bath. The rear of the property has a carport, a secluded yard, and a garage that could be utilized as a workspace that recently had an electrical line put in place. Additional updates include a new high efficiency gas heating system, newer roof, new windows, and a 200 amp electrical service.

Last Listed By

Christopher Fritchman

House & Land Real Estate Listed on: 07/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1930

Lot Details

  • 6,098

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Stucco

Interior Spaces

  • 1,715 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Lorane Orchard Subdivision

Listing and Financial Details

  • Tax Lot 4356
  • Assessor Parcel Number 43-5325-12-85-4356

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully remodeled three bedroom, two and a half bathroom home in Exeter Township. This house has over 1700 square feet of functional and charming updates - not including the wonderfully finished basement that adds an extra 660 sq ft of living space! The open and airy first floor boasts a newly finished kitchen with granite countertops and new cabinets with soft-close drawers. The living room, dining room, master bedroom, and full bath complete the first floor. You cannot help but notice the restored oak flooring throughout the first level. Two additional bedrooms and an oversized half bath can be found on the second floor. Extra storage areas are also in each bedroom. Large closets are in all of the bedrooms. In addition to the finished living space, the basement offers a laundry room, extra storage, and a gorgeous full bath. The rear of the property has a carport, a secluded yard, and a garage that could be utilized as a workspace that recently had an electrical line put in place. Additional updates include a new high efficiency gas heating system, newer roof, new windows, and a 200 amp electrical service.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 1, Bathroom 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1715
  • Living Area Sq Ft: 1715
  • Price Per Sq Ft: 134.05
  • Above Grade Finished Sq Ft: 1715
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 614

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Carport Spaces: 1
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport, Detached Garage, Driveway

Utilities

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

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: 47300.00
  • Land Assessed Value: 21300.00
  • Land Use Code: 110
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1504946
  • School Tax: 2271.00
  • Tax Annual Amount: 3035.00
  • Assessor Parcel Number: 43-5325-12-85-4356
  • Tax Lot: 4356
  • Tax Page Number: 2
  • Tax Total Finished Sq Ft: 1715
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/24/2020

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 24, 2020
Sold by
Stasko Brothers Llc
Bought by
Nichols Ryan and Nichols Ryan
Seller's Agent
Christopher Fritchman
House & Land Real Estate
Buyer's Agent
Margaret Vechy
Keller Williams Real Estate-Blue Bell
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Total Days on Market
4
Current Estimated Value
$308,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,127
Avg. Annual Appreciation
5.62%
Original Mortgage
$230,743
Outstanding Balance
$207,080
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$97,002

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 6, 2020
Sold by
Moatz Gloria P and Baddick Sheila L
Bought by
Stasko Brothers Llc
Seller's Agent
James Welde
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Christopher Fritchman
House & Land Real Estate
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
345.28%

Purchase Details

Closed on
Sep 9, 1955
Bought by
Moatz Donald R and Moatz Gloria P

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
Nichols Ryan $235,000 Greater Montgomery Setmnt Sv
Stasko Brothers Llc $120,000 Signature Abstract
Moatz Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Ryan $230,743
Previous Owner Moatz Donald R $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $235,000 +2.2% $137 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $229,900 +91.6% $134 / Sq Ft
03/12/2020 03/12/20 Sold $120,000 0.0% $70 / Sq Ft
02/21/2020 02/21/20 Off Market $120,000 -- --
02/20/2020 02/20/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $140,000 -- $82 / 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 $1,092 $68,600 $21,300 $47,300
2024 $3,258 $68,600 $21,300 $47,300
2023 $3,151 $68,600 $21,300 $47,300
2022 $3,116 $68,600 $21,300 $47,300
2021 $3,069 $68,600 $21,300 $47,300
2020 $3,035 $68,600 $21,300 $47,300
2019 $3,001 $68,600 $21,300 $47,300
2018 $2,992 $68,600 $21,300 $47,300
2017 $2,949 $68,600 $21,300 $47,300
2016 $720 $68,600 $21,300 $47,300
2015 $720 $68,600 $21,300 $47,300
2014 $695 $68,600 $21,300 $47,300
Source: Public Records

Agents Affiliated with this Home

  • James Welde

    Seller's Agent in 2020

    James Welde

    BHHS Homesale Realty- Reading Berks

    Section Image

  • C

    Seller's Agent in 2020

    Christopher Fritchman

    House & Land Real Estate

    (484) 332-7642

    1 in this area

    15 Total Sales

    Christopher Fritchman
    Section Image
  • Margaret Vechy

    Buyer's Agent in 2020

    Margaret Vechy

    Keller Williams Real Estate-Blue Bell

    (610) 316-1077

    1 in this area

    43 Total Sales

    Margaret Vechy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK360584

Bright MLS

APN: 43-5325-12-85-4356

Pennsylvania Berks County Reading 19606 Lorane

614 Lorane Rd, Reading, PA

Homes for Sale in Reading, PA

This home is located at 614 Lorane Rd, Reading, PA 19606 since 12 July 2020 and is currently estimated at $308,127, approximately $179 per square foot. This property was built in 1930. 614 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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