$78,000
SOLD DEC 20, 2018

702 Lorane Rd Reading, PA 19606

4 Beds
1 Bath
924 Sq Ft
0.25 Acres

Recently Sold

$84 Per Sq Ft

14 Days on Market

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 2022

If you are looking for a first home or downsizing this cape may be for it has 4 bedrooms and 1 full bath this property also has a 2 car garage all on a .25 ac lot.

Last Agent to Sell the Property

Richard Sachetta

Bold Realty License #RS229104 Listed on: 11/21/2018

Bold Realty

Last Buyer's Agent

Richard Sachetta

Bold Realty License #RS229104 Listed on: 11/21/2018

Bold Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RESD

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Stucco

Interior Spaces

  • 924 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1950
  • Remarks Public: If you are looking for a first home or downsizing this cape may be for it has 4 bedrooms and 1 full bath this property also has a 2 car garage all on a .25 ac lot.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 924
  • Living Area Sq Ft: 924
  • Net Sq Ft: 924.00
  • Price Per Sq Ft: 84.42
  • Above Grade Finished Sq Ft: 924
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Beds/Baths

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

Exterior Features

  • Other Structures: Above 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: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • School District Key: 300200397319
  • School District Source: 3rd Party

Lot Info

  • Improvement Assessed Value: 44100.00
  • Land Assessed Value: 26600.00
  • Land Use Code: 105
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: RESD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1504943
  • Tax Annual Amount: 3084.00
  • Assessor Parcel Number: 43-5325-12-85-4128
  • Tax Lot: 4128
  • Tax Year: 2018
  • Close Date: 12/20/2018

MLS Schools

  • School District Name: EXETER TOWNSHIP

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
$285,801

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK126874

Bright MLS

APN: 43-5325-12-85-4128