NOT LISTED FOR SALE

1512 Cottonwood Dr Elkhart, IN 46514

East Lake Neighborhood

Estimated Value: $275,000 - $454,000

4 Beds
3 Baths
3,678 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $164,900 $45 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,085/month

56 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Lake, Pond or Stream
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Ranch Style House

About This Home

As of December 2014

Rare 4 bedroom, 3 bath ranch. Great family room, garden atria room, private yard and location. Master bedroom and bath remodeled/added. Park-like setting with fenced yard. Walk to school, parks, library and shopping.Very well maintained. Many updates and improvements. Sprinkling system, neutral carpet, huge family room and circular floor plan is great for large groups. Slate foyer, new kitchen cooktop, appliances stay, even washer and dryer. Lower level boasts rec room with fireplace, pool room, workshop and laundry room. Laundry could be on the ML quite easily off back hall by bath. Cedar siding, mature plantings. This home is a fooler. Larger than it looks. Come see why this a lot of home with value everywhere.

Last Agent to Sell the Property

Pamela Shultz

Century 21 Circle Listed on: 10/01/2014

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1958

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 104 x 139
  • Cul-De-Sac
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Irrigation
  • Partially Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • Built-in Bookshelves
  • Bar
  • Chair Railings
  • Woodwork
  • Crown Molding
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Chute
  • Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-02-34-279-008.000-027

Community Details

Recreation

  • Waterfront Owned by Association

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,386

Year Built

Built in 1958

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: EAST LAKE ESTATES LOT 20
  • Parcel Number ID: 20-02-34-279-008.000-027
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Attic Storage, Bar, Breakfast Bar, Built-In Bookcase, Cable Available, Cable Ready, Chair Rail, Closet(s) Walk-in, Countertops-Laminate, Crown Molding, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Irrigation System, Kitchen Island, Landscaped, Laundry-Chute, Natural Woodwork, Near Walking Trail, Pocket Doors, Range/Oven Hook Up Elec, Six Panel Doors, Skylight(s), Storm Doors, Utility Sink, Stand Up Shower, Workshop, Main Level Bedroom Suite
  • Cross Street: East Lake Drive S
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3908
  • Total Finished Sq Ft: 3678
  • Above Grade Finished Sq Ft: 2516
  • Below Grade Finished Sq Ft: 1162
  • Below Grade Sq Ft: 230
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Full Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Family Rm, Living/Great Rm, Rec Rm, Gas Log, Wood Burning, Basement, Three +
  • Flooring: Carpet, Slate, Tile
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 21x26, On Level: Main
  • Recreation Room: Dimensions: 24x11, On Level: Lower
  • Bedroom 1: Dimensions: 18x14, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Bedroom 4: Dimensions: 14x14, On Level: Main
  • Other Room1: Rec Room, Dimensions: 14x18, On Level: Lower
  • Main Level Sq Ft: 2516
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1392

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Privacy, Wood
  • Lake Type: Non Ski Lake
  • Water Features: Walk to Lake Access, Assoc
  • Water Name: East Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Lake
  • Well Size: 2 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 60
  • Association Fees Frequency: Annually
  • Common Amenities: Clubhouse, Tennis Courts

Lot Info

  • Lot Description: Cul-De-Sac, Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 104 x 139
  • Estimated Lot Sq Ft: 14462
  • Estimated Lot Size Acres: 0.332
  • Lot Number: 20
  • Zoning: R - 1 - Single Family

Tax Info

  • Annual Taxes: 1386
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 19, 2014
Sold by
Brotherson Richard W
Bought by
Johnson Aaron D and Johnson Layna M
Seller's Agent
Pamela Shultz
Century 21 Circle
List Price
$170,000
Sold Price
$164,900
Premium/Discount to List
-$5,100
-3%
Current Estimated Value
$355,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,880
Avg. Annual Appreciation
7.23%
Original Mortgage
$156,655
Outstanding Balance
$120,306
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$235,474
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Johnson Aaron D -- Fidelity Natl Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Aaron D $156,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $164,900 -3.0% $45 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $170,000 -- $46 / 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 $2,521 $268,700 $37,100 $231,600
2022 $2,521 $224,000 $37,100 $186,900
2021 $2,006 $196,400 $37,100 $159,300
2020 $2,131 $196,400 $37,100 $159,300
2019 $2,123 $196,400 $37,100 $159,300
2018 $1,875 $172,800 $22,300 $150,500
2017 $1,734 $159,700 $22,300 $137,400
2016 $1,676 $154,800 $22,300 $132,500
2014 $1,450 $137,100 $22,300 $114,800
2013 $1,371 $137,100 $22,300 $114,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Pamela Shultz

    Century 21 Circle

    (574) 293-2121

    17 Total Sales

    Pamela Shultz
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Map

Source: Indiana Regional MLS

MLS Number: 201443861

Indiana Regional MLS

APN: 20-02-34-279-008.000-027

Indiana Elkhart County Elkhart 46514 East Lake

1512 Cottonwood Dr, Elkhart, IN

Not Listed for Sale

Detached

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