725 Lorane Rd Reading, PA 19606
Lorane NeighborhoodEstimated Value: $302,607 - $349,000
3
Beds
1.5
Baths
2,193
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- No HOA
- Gazebo
- Oversized Parking
- Exeter Township Senior High School Rated A-
- 2 Car Direct Access Garage
- Living Room
About This Home
As of August 2019Welcome to this wonderful home in Exeter Township with a fantastic yard. This super clean open concept home has a spacious living room that opens up to the dining area. You can invite everyone over for dinner in this nice sunny room with a sliding door that leads to the deck. Cooking is a breeze in your well appointed kitchen with an abundance of cabinets and Corian counter tops. There is also an under mount sink and a pantry with slide out shelves. As you go back the hall you'll find a master bedroom with double closets as well as two other nice sized bedrooms and a hall bath. Relax on the 22'x16' Trex deck that overlooks your park like flat yard perfect for picnics and recreation. Your yard features a large shed, lovely gazebo and beautiful landscaping for all seasons. On the lower level you'll find a large finished family room with a brick wood burning fireplace, powder room and laundry area. Other features are over sized two car side entry garage, replacement windows, newer roof, newer central air, water softener and treatment system, brand new hot water heater and pull down attic floored storage plus more. Conveniently located close to schools, shopping and major highways. Come and explore this exceptional property. Welcome Home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,340
Year Built
- Built in 1978
Lot Details
- 0.33 Acre Lot
- Property is in very good condition
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Bi-Level Home
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Wood Burning Fireplace
- Brick Fireplace
- Family Room
- Living Room
- Dining Room
- Laundry on lower level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Natural lighting in basement
Outdoor Features
- Gazebo
- Shed
Utilities
- Central Air
- Electric Baseboard Heater
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5875
- Assessor Parcel Number 43-5325-16-84-5875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2019
Closed on
Aug 5, 2019
Sold by
Abraham James R and Abraham Virginia
Bought by
Donovan Kevin M and Donovan Karen A
Seller's Agent
Linda Strain
RE/MAX Of Reading
Buyer's Agent
Michelle Pyle
Coldwell Banker Hearthside Realtors-Collegeville
List Price
$224,900
Sold Price
$227,900
Premium/Discount to List
$3,000
1.33%
Total Days on Market
3
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
$96,252
Avg. Annual Appreciation
6.60%
Original Mortgage
$216,505
Outstanding Balance
$191,769
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$137,499
Purchase Details
Closed on
Apr 18, 1977
Bought by
Abraham James R and Abraham Virginia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donovan Kevin M | $227,900 | Cross Keys Abstract | |
| Abraham James R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donovan Kevin M | $75,000 | |
| Open | Donovan Kevin M | $216,505 | |
| Previous Owner | Abraham James R | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2019 08/05/19 | Sold | $227,900 | +1.3% | $104 / Sq Ft |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 05/28/2019 05/28/19 | For Sale | $224,900 | -- | $103 / 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 | $1,515 | $99,200 | $33,300 | $65,900 |
| 2024 | $4,711 | $99,200 | $33,300 | $65,900 |
| 2023 | $4,557 | $99,200 | $33,300 | $65,900 |
| 2022 | $4,506 | $99,200 | $33,300 | $65,900 |
| 2021 | $4,438 | $99,200 | $33,300 | $65,900 |
| 2020 | $4,388 | $99,200 | $33,300 | $65,900 |
| 2019 | $4,340 | $99,200 | $33,300 | $65,900 |
| 2018 | $4,327 | $99,200 | $33,300 | $65,900 |
| 2017 | $4,265 | $99,200 | $33,300 | $65,900 |
| 2016 | $1,041 | $99,200 | $33,300 | $65,900 |
| 2015 | $1,041 | $99,200 | $33,300 | $65,900 |
| 2014 | $1,004 | $99,200 | $33,300 | $65,900 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Strain
Seller's Agent in 2019
Linda Strain
RE/MAX of Reading
(610) 780-0033
11 in this area
87 Total Sales
-
Michelle Pyle
Buyer's Agent in 2019
Michelle Pyle
Coldwell Banker Hearthside Realtors-Collegeville
(484) 318-3829
3 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: PABK342106
APN: 43-5325-16-84-5875
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