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.
Single-familyProperty Type
1950Year Built
0.25 acresLot Size
$257Price/Sq.Ft.
2 garage spacesParking
Listed by Stephanie Honick• Keller Williams Real Estate-Blue Bell
•215-646-2900 (broker)
Bought with Dawn Kummerer• Realty One Group Restore - Collegeville
Est. $1,594 per month, based on comparable rentals
Sale and tax history for 702 Lorane Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #PABK2069788
May 4, 2026
Sold
$332,500
$257/sq ft
Mar 31, 2026
Pending
—
Mar 26, 2026
Listed
$300,000
$232/sq ft
Mar 25, 2026
Coming Soon
$300,000
$232/sq ft
BRIGHT MLS #PABK2015240
Jun 9, 2022
Sold
$245,000
$189/sq ft
May 18, 2022
Pending
—
May 7, 2022
Contingent
—
May 4, 2022
Listed
$224,900
$174/sq ft
+38
Freshly 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!
BRIGHT MLS #PABK126874
Dec 20, 2018
Sold
$78,000
$60/sq ft
Dec 5, 2018
Contingent
—
Nov 21, 2018
Listed
$78,000
$60/sq ft
+7
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.
Year
Property tax
Land + Additions
Assessment*
2026
$3,412 (+0.5%)
$26,600 + $44,100
$70,700
2025
$3,394 (+1.1%)
$26,600 + $44,100
$70,700
2024
$3,358 (+3.4%)
$26,600 + $44,100
$70,700
2023
$3,248 (+1.1%)
$26,600 + $44,100
$70,700
2022
$3,211 (+1.5%)
$26,600 + $44,100
$70,700
2021
$3,163 (+1.1%)
$26,600 + $44,100
$70,700
2020
$3,128 (+1.1%)
$26,600 + $44,100
$70,700
2019
$3,093 (+0.3%)
$26,600 + $44,100
$70,700
2018
$3,084 (+1.5%)
$26,600 + $44,100
$70,700
2017
$3,039 (+3.6%)
$26,600 + $44,100
$70,700
2015
$2,933 (+1.1%)
$26,600 + $44,100
$70,700
2014
$2,901 (+1.7%)
$26,600 + $44,100
$70,700
2013
$2,852 (+1.9%)
$26,600 + $44,100
$70,700
2012
$2,801 (+0.9%)
$26,600 + $44,100
$70,700
2011
$2,775 (+3.3%)
$26,600 + $44,100
$70,700
2010
$2,685
$26,600 + $44,100
$70,700
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Sq. Ft.
1,294
Year built
1950
Style
Single Family Residential
County
Berks County
APN
43532512854128
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 10, 2026.
SR1
Suburban Residential District
It is the purpose of this district to provide for the maintenance and expansion of residential areas at medium to high densities of development, depending upon the availability of public disposal and water supply facilities.
Permitted uses
Include but are not limited to:
Housing-Single unit
Public service
Communications tower
Park & open space
Property details
Parking
Parking Information
# of Detached Garage Spaces: 2
# of Detached Carport Spaces: 1
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 6
Has Garage
# of Garage Spaces: 2
Driveway - # of Spaces: 3
Gravel Driveway
Detached Garage, Driveway, Detached Carport
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 2
# of Bedrooms On Main Level: 2
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2
Interior Information
Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Interior Features: CeilngFan(s), Kitchen - Eat-In
Living Area Sq.Ft. Source: Assessor
Room Information
Laundry Type: Basement
Basement Information
Basement: Yes
Full, Unfinished
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $44,100
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Stucco, Brick Veneer
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $26,600
Above Grade Information
Finished Sq.Ft.: 1,294
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $274
County Tax: $637
School Tax: $2,616
Tax Assessed Value: $70,700
Tax Year: 2025
Tax Annual Amount: $3,527
Assessments Information
Year Assessed: 2026
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: EXETER TOWNSHIP
School District Source: 3rd Party
Location Information
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
Municipality: EXETER TWP
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,294
Stories: 1.0
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Berks County
APN: 43532512854128
Home facts updated by county records on Jun 10, 2026
Around this home
Schools
Lorane El School
Public K-4 • Assigned • 0.1mi
5/10
Exeter Twp Junior High School
Public 7-8 • Assigned • 1.8mi
5/10
Exeter Twp Senior High School
Public 9-12 • Assigned • 1.9mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Reading, PA • 19606
Average low and high temperatures (°F)
33
21
38
25
57
37
65
45
70
54
82
63
86
70
81
64
76
60
67
48
54
39
39
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$331,000 – $400,000
Sell confidently with a local market expert in Reading.