$300,000
PENDING

702 Lorane Rd Reading, PA 19606

Estimated payment $1,885/month

Total Views 3,151
4 Beds
2 Baths
1,294 Sq Ft
$232 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • No HOA
  • Eat-In Kitchen
  • Exeter Township Senior High School Rated A-
  • 2 Car Detached Garage
  • 1 Detached Carport Space

About This Home

Welcome to 702 Lorane Rd, a thoughtfully updated Exeter Township Cape Cod set on a level .25-acre lot with a versatile layout and inviting outdoor space. From the moment you arrive, the combination of a one-car garage, covered carport, and ample driveway parking offers both convenience and flexibility for everyday living and entertaining.
Inside, the main level features a bright living room that flows seamlessly into the kitchen and dining area, creating an easy, open feel. The kitchen is equipped with a full appliance package, including a gas range, dishwasher, and refrigerator, and provides direct access to the backyard—ideal for indoor-outdoor living. Two well-proportioned bedrooms and a renovated full bathroom with a tub/shower combination complete the first floor.
Upstairs, you’ll find two additional bedrooms, including a spacious primary bedroom and a secondary room perfect for a variety of uses, along with a full bathroom featuring an oversized walk-in shower. Vinyl replacement windows throughout enhance energy efficiency, while the gas forced air HVAC system and hot water heater offer reliable comfort.
The full basement includes laundry, a walk-out Bilco door, and excellent potential for future finishing, additional storage, or hobby space. Outside, the backyard is open and usable, with a patio that’s ready for gatherings, grilling, or simply enjoying the space.
Located in Exeter Township, this home offers convenient access to major routes including Route 422, Route 724, and the PA Turnpike for commuting. Nearby shopping and dining options can be found at Exeter Commons and along Perkiomen Avenue, while local parks and recreational areas provide additional outdoor enjoyment.

Listing Agent

Stephanie Maerten

(215) 646-2900 stephanie@tcrepros.com Keller Williams Real Estate-Blue Bell Brokerage Phone: 2156462900 License #rs328373 Listed on: 03/26/2026

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1950

Lot Details

  • 10,890 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • 1 Detached Carport Space
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stucco

Interior Spaces

  • 1,294 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Exeter Twp Subdivision

Listing and Financial Details

  • Tax Lot 4128
  • Assessor Parcel Number 43-5325-12-85-4128

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,527

Year Built

Built in 1950

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: basement refrigerator, mini refrigerator in garage, and wire racks in garage.
  • Inclusions: washer, dryer, and refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 3/26/2026 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1294
  • Living Area Sq Ft: 1294
  • Price Per Sq Ft: 231.84
  • Above Grade Finished Sq Ft: 1294
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick Veneer
  • 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
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Carport Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway, Detached Carport
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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 Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2616.00
  • Tax Annual Amount: 3527.00
  • Assessor Parcel Number: 43-5325-12-85-4128
  • Tax Lot: 4128
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: EXETER TOWNSHIP

Map

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

Source: Public Records

Average Home Value in this Area





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 $1,121 $70,700 $26,600 $44,100
2024 $3,358 $70,700 $26,600 $44,100
2023 $3,248 $70,700 $26,600 $44,100
2022 $3,211 $70,700 $26,600 $44,100
2021 $3,163 $70,700 $26,600 $44,100
2020 $3,128 $70,700 $26,600 $44,100
2019 $3,093 $70,700 $26,600 $44,100
2018 $3,084 $70,700 $26,600 $44,100
2017 $3,039 $70,700 $26,600 $44,100
2016 $742 $70,700 $26,600 $44,100
2015 $742 $70,700 $26,600 $44,100
2014 $716 $70,700 $26,600 $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 Pending -- -- --
03/26/2026 03/26/26 For Sale $300,000 +22.4% $232 / Sq Ft
06/09/2022 06/09/22 Sold $245,000 +8.9% $265 / Sq Ft View Prior Sale
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $224,900 +188.3% $243 / Sq Ft
12/20/2018 12/20/18 Sold $78,000 0.0% $84 / Sq Ft View Prior Sale
11/21/2018 11/21/18 For Sale $78,000 -- $84 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $245,000 None Listed On Document
Special Warranty Deed $86,000 None Available
Deed $9,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,650 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PABK2069788

Bright MLS

APN: 43-5325-12-85-4128

Your Personal Tour Guide

Ask me questions while you tour the home.