NOT LISTED FOR SALE

12809 Palazzo Blvd Fort Wayne, IN 46845

Estimated Value: $455,266 - $550,000

4 Beds
3 Baths
3,058 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $280,000 $92 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,859/month

4 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Lake, Pond or Stream
  • Cedar Canyon Elementary School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of October 2015

WOW! POND Setting In Sorrento! Ranch with Split Bedroom Concept & Walk Out Finished Basement. Buescher Built. Upper Level Deck 26x12 With Access From Master & Nook, Walks Down To Lower Level Patio. Natural Gas Line for Grill. Great Room with Grabill Woodworking Built-In Hutch & TV Cabinet, Window Wall with Pond Views, Remote for Blinds, Fireplace with Gas Log. 8, 9 & 10 Foot Ceilings. IMMACULATE Condition. Homecrest Kitchen Cabinets, Staggered Tops, CERAMIC Flooring, Open Soffits, Vertical Dividers, Pull-Out Spice By Stove. Gas Range/Oven, Microwave, Dishwasher, Refrigerator, Disposal, Washer & Dryer Stay (Not Warranted). Master Suite with Ceiling Fan, Dual Sink Vanity, Jet Tub, Separate Shower, Private Stool Area & 9x8 Walk-In Closet. 40x17 Lower Level Family Room Plumbed for Future Wet Bar, 9 Daylight Windows, 4th Bedroom, Full Bath, 34x11 Extra Hobby Area with Future Finish Potential & 20x14 Storage Room. Patio Doors Access 13x11 Patio. Additional Amenities-Irrigation, Pella Windows, Humidifier, Water Heater-New 2014. 3 Car Garage 33x22 with Oversize Attic Stairs To Storage. Great home for Entertaining. Seller will provide survey dated 06/03. A MUST SEE! Average Monthly Utilities-NIPSCO $81.94, I & M $124.83, City Utilities $81.11.

Last Agent to Sell the Property

Judi Stinson

North Eastern Group Realty Listed on: 09/01/2015

North Eastern Group Realty

Last Buyer's Agent

Brian Kuhns

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 91x147x89x138
  • Waterfront
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Irrigation
  • Partially Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • Cedar Canyon 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 02-02-25-251-012.000-057

Community Details

Overview

  • Sorrento Subdivision

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 2003

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 12
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: SORRENTO, SECTION 1, Lot 11 |
  • Parcel Number ID: 02-02-25-251-012.000-057
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Built-In Speaker System, Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Guest Quarters, Irrigation System, Landscaped, Near Walking Trail, Open Floor Plan, Patio Open, Porch Covered, Porch Open, Range/Oven Hook Up Gas, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Cross Street: MERLOT CROSSING
  • Location: City/Town/Suburb, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Section Number: 1
  • Sp Lp Percent: 96.95
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3956
  • Total Finished Sq Ft: 3058
  • Above Grade Finished Sq Ft: 1988
  • Below Grade Finished Sq Ft: 1070
  • Below Grade Sq Ft: 898
  • Price Per Sq Ft: 140.85
  • Basement: Yes
  • Basement Foundation: Finished, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One, Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Breakfast Room: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 40x17, On Level: Lower
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 13x11, On Level: Lower
  • Main Level Sq Ft: 1988
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1968

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Water Features: Assoc, Walk to Lake Access

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x33
  • Garage Sq Ft: 726
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 250
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Partially Wooded, Waterfront
  • Lot Dimensions: 91x147x89x138
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 11

Tax Info

  • Annual Taxes: 2685
  • Exemptions: Homestead, Mortgage

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
Sep 1, 2015
Closed on
Oct 22, 2015
Sold by
Mills Ricky A and Mills Cathryn J
Bought by
Serrani Edwin C and Serrani Cheryl L
Seller's Agent
Judi Stinson
North Eastern Group Realty
Buyer's Agent
Brian Kuhns
Coldwell Banker Real Estate Group
List Price
$288,800
Sold Price
$280,000
Premium/Discount to List
-$8,800
-3.05%
Current Estimated Value
$489,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,817
Avg. Annual Appreciation
5.78%
Original Mortgage
$230,000
Outstanding Balance
$181,146
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$308,671

Purchase Details

Closed on
Nov 6, 2003
Sold by
Buescher Construction Co Inc
Bought by
Mills Ricky A and Mills Cathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,150
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Pine View Land Corp
Bought by
Buescher Construction Co Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Serrani Edwin C -- None Available
Mills Ricky A -- Three Rivers Title Co Inc
Buescher Construction Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrani Edwin C $230,000
Previous Owner Mills Ricky A $249,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $280,000 -3.0% $92 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $288,800 -- $94 / 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 $2,770 $433,400 $50,900 $382,500
2023 $2,745 $421,800 $50,900 $370,900
2022 $2,452 $373,900 $50,900 $323,000
2021 $2,225 $331,700 $50,900 $280,800
2020 $2,070 $311,100 $50,900 $260,200
2019 $2,102 $307,600 $50,900 $256,700
2018 $2,011 $295,300 $50,900 $244,400
2017 $1,861 $271,400 $50,900 $220,500
2016 $1,921 $273,700 $50,900 $222,800
2014 $2,685 $268,500 $50,900 $217,600
2013 $2,608 $260,800 $47,400 $213,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201542075

Indiana Regional MLS

APN: 02-02-25-251-012.000-057