NOT LISTED FOR SALE

725 Lorane Rd Reading, PA 19606

Estimated Value: $315,435 - $357,000

3 Beds
1.5 Baths
2,193 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $227,900 $104 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,998/month

3 Days on Market

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 2019

Welcome 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!

Last Agent to Sell the Property

Linda Strain

RE/MAX Of Reading License #RS141501A Listed on: 05/28/2019

RE/MAX Of Reading

Last Buyer's Agent

Michelle Pyle

Coldwell Banker Hearthside Realtors-Collegeville License #RS296613

Coldwell Banker Hearthside Realtors-Collegeville

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1978
  • Remarks Public: Welcome 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!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Garage Access, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2193
  • Living Area Sq Ft: 2193
  • Price Per Sq Ft: 136.55
  • Above Grade Finished Sq Ft: 1647
  • Below Grade Finished Sq Ft: 546
  • Total Below Grade Sq Ft: 546
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 725

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Vinyl Siding, Brick
  • 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
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • 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: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65900.00
  • Land Assessed Value: 33300.00
  • Land Use Code: 105A
  • Lot Size Acres: 0.33
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14375.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1505280
  • School Tax: 3236.00
  • Tax Annual Amount: 4340.00
  • Assessor Parcel Number: 43-5325-16-84-5875
  • Tax Lot: 5875
  • Tax Total Finished Sq Ft: 2193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/05/2019

MLS Schools

  • School District Name: EXETER TOWNSHIP

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%
Current Estimated Value
$338,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,959
Avg. Annual Appreciation
6.42%
Original Mortgage
$216,505
Outstanding Balance
$191,769
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$138,303

Purchase Details

Closed on
Apr 18, 1977
Bought by
Abraham James R and Abraham Virginia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $1,515 $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

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Map

Source: Bright MLS

MLS Number: PABK342106

Bright MLS

APN: 43-5325-16-84-5875