NOT LISTED FOR SALE

1120 Lake Pointe Cove Fort Wayne, IN 46845

Estimated Value: $419,000 - $440,000

4 Beds
3 Baths
3,154 Sq Ft
$195/mo HOA Fee

Last Sold July 26, 2023

Last sale price $415,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,953/month

57 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Clubhouse
  • Carroll High School Rated A
  • Open Floorplan
  • Lake, Pond or Stream

About This Home

As of July 2023

Welcome to your new dream home! This luxurious sprawling ranch is situated on the water in the highly desirable Lake Pointe community, adjacent to the prestigious Pine Valley Country Club. You'll be impressed by the award-winning Northwest Allen County Schools and the stunning amenities that Lake Pointe has to offer, including its own pool, clubhouse, tennis courts, pristine sidewalks, and multiple neighborhood lakes. This immaculate 4 bedroom, 3 bath condo is the epitome of luxurious maintenance-free living. As you step inside, you'll be immediately struck by the incredible windows that offer serene water views. Every inch of this beautiful home has been updated. The primary suite is a true oasis, boasting a tremendous custom tile shower, a spacious walk-in closet, and a dual sink vanity. You will also enjoy private access to the deck that expands the entire length of the abode complete with a SunSetter Retractable Awning, this is the perfect place to unwind and take in the breathtaking scenery. Custom blinds and blackout shades throughout are included. The magnificent kitchen is a chef's dream, with a stunning subway tile backsplash and top-of-the-line stainless steel appliances. Enjoy the eating nook that overlooks the water, making every meal a delight. Soaring ceilings in the family room, combined with the walls of windows, create an inviting space with beautiful views that will leave you in awe. Experience a fully finished walkout basement that is a true showstopper, offering a bar, two living areas, a 4th bedroom or yoga/workout room, full bathroom, massive storage, and access to the rear homesite via a brand new Pella glass sliding door. This level of the estate provides the perfect space for entertaining, relaxing, or simply enjoying quiet time with loved ones. With all of these incredible features, you'll never want to leave home, but when you do, you'll be just minutes away from shopping, the Parkview Family YMCA, Parkview Regional Hospital, and more! Don't miss out on this rare opportunity to own a luxurious condo in one of the most sought-after communities in the area. Schedule your private showing today!

Last Listed By

Eric Thrasher

RE/MAX Results Listed on: 05/04/2023

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream
  • Covered patio or porch

Location

  • Suburban Location

Schools

  • Perry Hill Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-34-377-015.000-091

Community Details

Overview

  • Lake Pointe Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,937

Year Built

Built in 1991

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1991
  • Age: 32
  • Style: One and Half Story
  • Architectural Style: Ranch, Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LAKE POINTE SEC I LOT 19
  • Parcel Number ID: 02-02-34-377-015.000-091
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Ceiling-Cathedral, Ceiling Fan(s), Countertops-Stone, Crown Molding, Deck Open, Deck on Waterfront, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Near Walking Trail, Open Floor Plan, Patio Covered, Porch Covered, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.67
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3669
  • Total Finished Sq Ft: 3154
  • Above Grade Finished Sq Ft: 1854
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 515
  • Price Per Sq Ft: 223.84
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 23x12, On Level: Main
  • Family Room: Dimensions: 27x14, On Level: Lower
  • Extra Room: Dimensions: 12x16, On Level: Lower
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 17x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1815

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x20
  • Garage Sq Ft: 460
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 6
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 586
  • Association Fees Frequency: Quarterly
  • Common Amenities: Clubhouse, Swimming Pool, Tennis Courts, Sidewalks

Schools

  • School District: Northwest Allen County
  • Elementary School: Perry Hill
  • Middle School: Maple Creek
  • High School: Carroll
  • Elementary School: Perry Hill

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Water View
  • Lot Dimensions: 60X130
  • Estimated Lot Sq Ft: 7800
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 19

Tax Info

  • Annual Taxes: 2936.64

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 27, 2023
Sold by
Liebing Michael and Liebing Jody
Bought by
Patterson Troy L and Patterson Twila J
Seller's Agent
Eric Thrasher
RE/MAX Results
Buyer's Agent
Laura 'Special K Kinner
RE/MAX Results
List Price
$489,900
Sold Price
$415,000
Premium/Discount to List
-$74,900
-15.29%
Total Days on Market
57
Views
355
Current Estimated Value
$429,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,199
Avg. Annual Appreciation
0.16%
Original Mortgage
$240,000
Outstanding Balance
$236,038
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$180,165

Purchase Details

Closed on
Jul 14, 2011
Sold by
Solomon Gladys G
Bought by
Salisbury Thomas M and Salisbury Randalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,750
Interest Rate
4.53%
Mortgage Type
New Conventional

Range of Values:

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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
Patterson Troy L $415,000 Centurion Land Title
Salisbury Thomas M -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Troy L $240,000
Previous Owner Liebing Michael $543,408
Previous Owner Liebing Michael $100,431
Previous Owner Salisbury Thomas M $134,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $415,000 -2.3% $132 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $424,900 -5.6% $135 / Sq Ft
05/23/2023 05/23/23 Price Changed $449,900 -8.2% $143 / Sq Ft
05/17/2023 05/17/23 For Sale $489,900 0.0% $155 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $489,900 -2.0% $155 / Sq Ft
05/04/2023 05/04/23 For Sale $499,900 -- $158 / Sq Ft
Source: Indiana Regional 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
2024 $4,269 $447,700 $28,500 $419,200
2023 $4,269 $412,900 $28,500 $384,400
2022 $3,383 $325,600 $28,500 $297,100
2021 $2,937 $281,200 $28,500 $252,700
2020 $2,849 $271,600 $28,500 $243,100
2019 $2,765 $263,700 $28,500 $235,200
2018 $2,470 $241,500 $28,500 $213,000
2017 $2,253 $225,300 $28,500 $196,800
2016 $2,189 $218,900 $28,500 $190,400
2014 $1,916 $191,600 $28,500 $163,100
2013 $1,843 $184,300 $28,500 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202314144

Indiana Regional MLS

APN: 02-02-34-377-015.000-091