518 Lorane Rd, Reading, PA 19606
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Property image
OFF MARKET

518 Lorane Rd
Reading, PA 19606

Lorane
  • 2 Beds
  • 1 Bath
  • 1,123 sqft (on 0.25 acres)

$265,600

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,758/mo*
Refinance Your Home

$265,600

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,758/mo*
Refinance Your Home
2 Beds
1 Bath
1,123 sqft
(on 0.25 acres)

Local Information

  • Map ViewExplore the area around 518 Lorane Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Pride of ownership is evident! Same owner for almost 50 years has taken immaculate care of this cozy 2 bedroom single situated in the Exeter School District. Eat in kitchen offers maple cabinets and all appliances remaining for the new owner. Living and dining room boast brand new wall to wall carpeting. Full bath has been recently updated, offering a newer vanity, commode and tub. The second floor of the home has been finished and is currently being used as the master bedroom offering almost 300 sq./ft of living space with new carpet and paint, this room could easily be converted to a large 25x12 playroom. On both sides of the floor there are areas for a good amount of storage. The basement is clean and dry and would make a great man cave or game room with just a little imagination. The 1-car garage is just steps away and completing this room is the laundry area offering washer, dryer and large double sink laundry tub all staying for the new buyer. New lifetime architectural shingled roof, replacement windows, oil heater is less than 10 years old and very well maintained. The side porch, extended driveway and large flat yard are just a few of the great amenities this home offers. The home is a must see to truly appreciate and is priced to sell. Call today to schedule you private showing!
518 Lorane Rd, Reading, PA 19606 is a 2 bedroom, 1 bathroom, 1,123 sqft single-family home in Lorane, built in 1942. It last sold for $124,900 on Mar 31, 2017. It is currently off market. The Trulia Estimate is $265,600, with a rent estimate of $1,735/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 518 Lorane Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: WallHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
AtticNumber of Rooms: 4Types of Rooms: Dining Room

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Exterior Features

Exterior Home Features
Exterior: Vinyl
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 10890 sqft

Price History for 518 Lorane Rd

DatePriceEventSource
08/25/2017$124,900ListingRemovedAgent Provided
04/03/2017$124,900Listed For SaleAgent Provided
03/31/2017$124,900Sold
N/A
02/28/2017$124,900PendingAgent Provided
01/27/2017$124,900Listed For SaleAgent Provided

Market trends in Reading

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$247K
$10KMoM
Sale-to-List Price
100.3%
Price per sq ft
$157
$3MoM
Available listings
360
25MoM
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Property Tax and Assessment

Year2025
Tax$3,881
Assessment$78,200
Home facts updated by county records

Comparable Sales for 518 Lorane Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
702 Lorane Rd, Reading, PA
0.10
Single-Family Home
$332,500
05/04/26
4
2
1,294
615 Pomander Ave, Reading, PA
0.03
Single-Family Home
$345,000
09/04/25
3
1.5
1,858
4981 Persimmon Dr, Reading, PA
0.12
Single-Family Home
$300,000
03/19/26
3
1.5
1,424
5005 Quince Dr, Reading, PA
0.14
Single-Family Home
$325,000
10/03/25
3
1.5
1,980
745 Pomander Ave, Reading, PA
0.10
Single-Family Home
$348,000
06/08/26
3
2
1,744
404 Lorane Rd, Reading, PA
0.11
Single-Family Home
$270,000
12/31/25
3
2
3,896
465 Moonflower Ave, Reading, PA
0.20
Single-Family Home
$320,000
06/29/26
3
1.5
2,000
105 Gibraltar Rd, Reading, PA
0.55
Single-Family Home
$245,000
12/12/25
2
1
2,200
205 Rose Ln, Reading, PA
0.51
Single-Family Home
$350,000
04/20/26
3
1.5
1,134
740 Wisteria Ave, Reading, PA
0.30
Single-Family Home
$399,900
05/29/26
3
2
1,996

Nearby homes

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Assigned Schools

These are the assigned schools for 518 Lorane Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Lorane
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lorane

At least 23 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 94 % Say yards are well-kept

  • 93 % Say car is needed

  • 89 % Say there's holiday spirit

  • 88 % Say people would walk alone at night

  • 84 % Say it's dog friendly

  • 79 % Say kids play outside

  • 67 % Say it's quiet

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say there are sidewalks

  • 53 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 34 % Say streets are well-lit

  • 31 % Say it's walkable to grocery stores

  • 24 % Say there are community events

  • 14 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Alicia W.
    "We have a nice neighborhood and everyone seems to look out for everyone else. The community offers alot of different events at our clubhouse and for the most part we are in a area where there isnt much crime! For that we are thkful! There are alot of seniors in amongst us and i feel its Important that they feel safe and secure! Could use a bit more lighting at night but for the most part its a quiet peaceful neighborhood! "
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  • Jessica F.
    "It’s a very quiet neighborhood. Your kids will be safe playing outside. Very scenic. The elementary school and middle school are very close. "
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Apartments for Rent

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Homes for sale near 518 Lorane Rd

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Off Market Homes Near 518 Lorane Rd

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