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702 Lorane Rd

Reading, PA 19606

4 bd 2 ba 1,294 sqft Built 1950 Lot 10,890 sqft single_family
Most recent sale
$245,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Sold $332,500 BrightMLS
Mar 25, 2026 Listed $300,000 BrightMLS
Jun 9, 2022 Sold $245,000 MLS #PABK2015240
May 4, 2022 Listed $224,900 MLS #PABK2015240
Dec 20, 2018 Sold $78,000 MLS #PABK126874
Nov 21, 2018 Listed $78,000 MLS #PABK126874

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $44,100 $26,600 $70,700 $3,412
2025 $44,100 $26,600 $70,700 $3,394
2023 $44,100 $26,600 $70,700 $3,247
2022 $44,100 $26,600 $70,700 $3,211
2021 $44,100 $26,600 $70,700 $3,163
2020 $44,100 $26,600 $70,700 $3,128
2019 $44,100 $26,600 $70,700 $3,093
2018 $44,100 $26,600 $70,700 $3,084
2017 $44,100 $26,600 $70,700 $3,039
2016 $44,100 $26,600 $70,700 $2,960
2015 $44,100 $26,600 $70,700 $2,933
2014 $44,100 $26,600 $70,700 $2,901
2013 $44,100 $26,600 $70,700 $2,852
2012 $44,100 $26,600 $70,700 $2,809
2011 $44,100 $26,600 $70,700 $2,801
2010 $44,100 $26,600 $70,700 $2,757
2009 $44,100 $26,600 $70,700 $2,678
2008 $44,100 $26,600 $70,700 $2,460
2007 $44,100 $26,600 $70,700 $2,408

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,294 sqft
Lot size
10,890 sqft
ZIP code
19606
City
Reading
Street
Lorane Rd
Coordinates
40.29288, -75.85525

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,941
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 702 Lorane Rd last sell?
702 Lorane Rd most recently sold on Jun 9, 2022 for $245,000.
What is the current tax assessment for 702 Lorane Rd?
The most recent total assessment for 702 Lorane Rd (year 2026) is $70,700 with $3,412 in property tax.
How does 702 Lorane Rd's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $245,000.
When was 702 Lorane Rd built?
702 Lorane Rd was built in 1950.
How does 702 Lorane Rd compare to others on Lorane Rd?
We track 8 other properties on Lorane Rd. Browse the list under "Other properties on Lorane Rd" to compare beds, baths, and sale history.
What are the property facts for 702 Lorane Rd?
702 Lorane Rd is a 4 bed, 2 bath, 1,294 sqft, 10,890 sqft lot single_family.
Is 702 Lorane Rd a flip candidate?
No — 702 Lorane Rd does not appear in our flips dataset.
Is 702 Lorane Rd a tax-appeal candidate?
No — 702 Lorane Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+15.9%
2026 Q3
$303.4K
2026 Q4
$312.9K
ZIP 19606 — Median Price History + Forecast

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