702 Lorane Rd Reading, PA 19606
4
Beds
2
Baths
924
Sq Ft
0.25
Acres
Highlights
- Cape Cod Architecture
- No HOA
- Eat-In Kitchen
- Exeter Township Senior High School Rated A-
- 2 Car Detached Garage
- Living Room
About This Home
As of June 2022Freshly renovated Exeter cape on nice, open level .25 acres with a one car garage and a convenient carport. Entertain on the back patio and have plenty of parking for your guests! The playset in the back can come with the property, too......the kids will be thrilled! The windows throughout are vinyl replacement windows. The gas driven forced hot air HVAC and hot water heater are both only one year old! Enter into a first floor living room that flows right into the kitchen and eating area....The kitchen offers a full appliance package of dishwasher, gas stove, and frig that is only one year old.....A back door to the yard is handy......The first floor bath features a tub/shower combination and has been renovated. The two main floor bedrooms are nicely sized and offer good closet space. The second floor features one large bedroom and one smaller one and a full bathroom with a walk in oversized stall shower. The laundry is in the basement.....there is a 100 amp electrical service.....and a walk out bilco door. The basement could easily be finished. This is the property for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,959
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Property is zoned RESD
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 924 Sq Ft Home
- Property has 2 Levels
- Living Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Laundry in Basement
Schools
- Lorane Elementary School
- Exeter Township Junior Middle School
- Exeter Township Senior High School
Utilities
- Forced Air Heating System
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4128
- Assessor Parcel Number 43-5325-12-85-4128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2018
Closed on
Jan 11, 2019
Sold by
Fannie Mae
Bought by
Varady Steven
Seller's Agent
Richard Sachetta
Bold Realty
Buyer's Agent
Richard Sachetta
Bold Realty
List Price
$78,000
Sold Price
$78,000
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
$207,801
Avg. Annual Appreciation
21.37%
Original Mortgage
$53,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2017
Sold by
Weaknecht Eric J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 27, 1964
Bought by
Kelley Bernard W
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 |
|---|---|---|---|
| Special Warranty Deed | $86,000 | None Available | |
| Deed | $9,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $53,000 | Purchase Money Mortgage | |
| Previous Owner | $201,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2022 06/09/22 | Sold | $245,000 | +8.9% | $265 / Sq Ft |
| 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 |
| 11/21/2018 11/21/18 | For Sale | $78,000 | -- | $84 / 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 | $1,121 | $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
Agents Affiliated with this Home
-
Donna Godfrey
Seller's Agent in 2022
Donna Godfrey
Godfrey Properties
(267) 688-0536
1 in this area
162 Total Sales
-
Kristi Medvetz
Buyer's Agent in 2022
Kristi Medvetz
Herb Real Estate, Inc.
(484) 941-4066
1 in this area
42 Total Sales
-
Richard Sachetta
Seller's Agent in 2018
Richard Sachetta
Bold Realty
(610) 507-4198
69 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2015240
APN: 43-5325-12-85-4128
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