614 Lorane Rd Reading, PA 19606
3
Beds
2.5
Baths
1,715
Sq Ft
6,098
Sq Ft Lot
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 2020Beautifully 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 Agent to Sell the Property
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
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,925
Avg. Annual Appreciation
5.70%
Original Mortgage
$230,743
Outstanding Balance
$207,080
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$101,047
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
Similar Homes in Reading, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $235,000 | Greater Montgomery Setmnt Sv | |
| Deed | $120,000 | Signature Abstract | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,743 | FHA | |
| Previous Owner | $25,000 | Credit Line Revolving |
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
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
-
J
Seller's Agent in 2020
James Welde
BHHS Homesale Realty- Reading Berks
-
Christopher Fritchman
C
Seller's Agent in 2020
Christopher Fritchman
House & Land Real Estate
(484) 332-7642
1 in this area
15 Total Sales
-
Margaret Vechy
Buyer's Agent in 2020
Margaret Vechy
Keller Williams Real Estate-Blue Bell
(610) 316-1077
1 in this area
41 Total Sales
Map
Source: Bright MLS
MLS Number: PABK360584
APN: 43-5325-12-85-4356
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