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$332,500
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Property Description
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.
Full Property Details
Full Property Details for 702 Lorane Rd
General
- Sold For: $332,500
- Taxes: $3,527 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PABK2069788
- Added to Site: 59 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Kitchen - Eat-In
- Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 2
- Bedrooms Main & Up: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport Spaces: 1
- Total Spaces: 6
- Parking Features: Gravel Driveway
- Parking Type: Detached Garage, Driveway, Detached Carport
- Garage Description: Garage - Front Entry
Location
- Area: Exeter Twp (10243)
- Municipality: EXETER TWP
- County: BERKS
- Subdivision: EXETER TWP
- Driving Directions: Head East on 422 towards Exeter Commons Shopping Center, turn right onto Lorane Rd (After the Wawa) Property is on Right past Apple Dr
School Information
- School District: Exeter Township
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Structure Type: Detached
- Construction: Stucco, Brick Veneer
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Block
- Stories Description: Main, Upper 1
- Square Feet: 1,294
- Sq. Ft. Source: Assessor
- Living Area: 1,294 Sq. Ft.
- Finished Above Grnd: 1,294 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $231.84
- Assessment Year: 2026
- School Tax: $2,616
- City/TownTax: $274
- City/TownTax Freq: Annually
- County Tax: $637
- County Tax Freq: Annually
- Tax w/Assessment: $70,700
- Tax Amount: $3,527
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1294
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: basement refrigerator, mini refrigerator in garage, and wire racks in garage.
- Inclusions: washer, dryer, and refrigerator
- Lot Number: 4128
Listed by Keller Williams Real Estate-Blue Bell, Stephanie A. Honick
Sold by Realty One Group Restore - Collegeville, Dawn A Kummerer
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Schools
Schools serving 702 Lorane Rd
School District:Exeter Township School District
| Name | Grades | Distance |
|---|---|---|
Lorane El School 699 Rittenhouse Drive, Reading, PA 19606 | K-4 | 0.1 mi |
Exeter Twp Junior High School 151 East 39th Street, Reading, PA 19606 | 7-8 | 1.8 mi |
Exeter Twp Senior High School 201 East 37th Street, Reading, PA 19606 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Lorane Rd
Date
Details
Price
Change
Source
5/04/2026
Sold
$332,500
10.83%
MLS
3/26/2026
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
702 Lorane Road, Reading, PA 19606 (MLS# PABK2069788) is a Single Family property that was sold at $332,500 on May 04, 2026. Want to learn more about 702 Lorane Road? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

