NOT LISTED FOR SALE

1520 Cypress Spring Dr Fort Wayne, IN 46814

Southwest Fort Wayne Neighborhood

Estimated Value: $489,000 - $516,000

5 Beds
3.5 Baths
3,108 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $423,000 $136 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,991/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Stone Countertops
  • Covered Patio or Porch
  • Homestead Senior High School Rated A
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of March 2023

YOU WILL FALL IN LOVE WITH THIS 5 BR 3 1/2 BATH CUSTOM BUILT HOME BY WINDSOR HOMES. LOCATED IN JONATHANS LANDING WHICH FEATURES AN ASSOCIATION POOL AND PLAY AREA FOR THE KIDS. THIS HOME HAS AN OPEN FLOOR PLAN WITH A MAIN FLOOR MASTER SUITE THAT OFFERS A SEPARATE SHOWER, TWIN SINK VANITY AND A GARDEN TUB. THE LARGE OPEN KITCHEN HAS BEEN RECENTLY PROFESSIONALLY REMODELED WITH SOLID SURFACE COUNTER TOPS , REFINISHED CABINETS AND NEW STAINLESS APPLIANCES. THE KITCHEN ALSO OFFERS A LARGE CENTER ISLAND WITH PENDANT LIGHTING AND A PANTRY. THE GREAT ROOM OFFERS A VAULTED CEILING WITH GAS FIREPLACE AND IS OPEN TO THE KITCHEN. THE MAIN FLOOR DEN IS PERFECT FOR A HOME OFFICE WHICH HAS A LARGE WINDOW AND CROWN MOLDING. ON THE SECOND FLOOR ARE 3 SPACIOUS BEDROOM EACH WITH A LARGE CLOSET. THE LOFT AREA COULD BE A PLAY AREA FOR THE KIDS , STUDY AREA OR AN ADDITIONAL SITTING AREA. ALSO THERE IS A FULL BATH WITH A DOUBLE SINK VANITY. IN THE FINISHED BASEMENT WE HAVE THE FAMILY ROOM, THE 5TH BEDROOM, A SECOND FULL KITCHEN, (EXTRA ROOM IS BASEMENT KITCHEN) FULL BATH, AND SECOND WASHER & DRYER AREA. THE WASHER AND DRYER COMBO UNIT WILL REMAIN WITH THE HOME.. THE FENCED BACKYARD AND PAITO AREA LOCATED OFF THE KITCHEN IS PERFECT FOR ALL YOUR OUTDOOR ENTERTAINING. COME SEE ALL THIS HOME HAS TO OFFER LOCATED IN THE SOUTHWEST ALLEN COUNTY SCHOOL DISTRICT CLOSE TO SCHOOLS, CHURCHES AND SHOPPING..

Last Agent to Sell the Property

Michael Litchin

Litchin Real Estate Listed on: 12/02/2022

Litchin Real Estate

Last Buyer's Agent

Charla Sheray

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 2013

Lot Details

  • 10,585 Sq Ft Lot
  • Lot Dimensions are 73 x145
  • Level Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Electric Dryer Hookup

Kitchen

  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-11-07-208-006.000-038

Community Details

Overview

  • Jonathans Landing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,989

Year Built

Built in 2013

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2013
  • Age: 9
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Jonathans Landing Sec.VI lot 237.
  • Parcel Number ID: 02-11-07-208-006.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Garden Tub, Kitchen Island, Patio Open, Porch Covered
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 91.98
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3467
  • Total Finished Sq Ft: 3108
  • Above Grade Finished Sq Ft: 2375
  • Below Grade Finished Sq Ft: 733
  • Below Grade Sq Ft: 359
  • Price Per Sq Ft: 178.11
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement, Partially Finished, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x18, On Level: Main
  • Kitchen: Dimensions: 12x15, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 15x13, On Level: Lower
  • Den: Dimensions: 12x11, On Level: Main
  • Recreation Room: On Level: N/A
  • Extra Room: Second Kitchen Demensions, Dimensions: 11x10, On Level: Basement
  • Bedroom 1: Dimensions: 16x16, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 16x16, On Level: Upper
  • Bedroom 5: Dimensions: 15x11, On Level: Lower
  • Loft: Dimensions: 13x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1092

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 33x24
  • Garage Sq Ft: 792
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 330
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 73 X145
  • Estimated Lot Sq Ft: 10585
  • Estimated Lot Size Acres: 0.243

Tax Info

  • Annual Taxes: 2989.44
  • Exemptions: Homestead

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Mar 23, 2023
Sold by
Margraf Michael J and Margraf Kara A
Bought by
Schaeffer Caitlyn M and Schaeffer Kyle P
Seller's Agent
Michael Litchin
Litchin Real Estate
Buyer's Agent
Charla Sheray
Coldwell Banker Real Estate Gr
List Price
$459,900
Sold Price
$423,000
Premium/Discount to List
-$36,900
-8.02%
Views
11
Current Estimated Value
$504,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,528
Avg. Annual Appreciation
7.07%
Original Mortgage
$289,500
Outstanding Balance
$280,717
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$223,811

Purchase Details

Closed on
Dec 29, 2022
Sold by
Margraf Michael J and Margraf Kara A
Bought by
Schaeffer Caitlyn M and Schaeffer Kyle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Mar 15, 2019
Sold by
Brunson Jeffrey A
Bought by
Margraf Michael J and Margraf Kara A
Seller's Agent
Raylene Webb
eXp Realty, LLC
Buyer's Agent
Corey Malcolm
RE/MAX Results
List Price
$344,900
Sold Price
$338,900
Premium/Discount to List
-$6,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$271,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2016
Bought by
Brunson Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,800
Interest Rate
3.42%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Windsor Inc
Bought by
Brunson Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,553
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Schaeffer Caitlyn M -- Fidelity National Title
Schaeffer Caitlyn M -- Fidelity National Title
Margraf Michael J -- Fidelity National Ttl Co Llc
Brunson Jeffrey -- --
Brunson Jeffrey A -- Lawyers Title
Windsor Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Caitlyn M $289,500
Previous Owner Schaeffer Caitlyn M $289,500
Previous Owner Margraf Michael J $271,100
Previous Owner Brunson Jeffrey $258,800
Previous Owner Brunson Jeffrey --
Previous Owner Brunson Jeffrey A $266,553
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2023 03/23/23 Sold $423,000 -8.0% $136 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $459,900 +35.7% $148 / Sq Ft
03/15/2019 03/15/19 Sold $338,900 0.0% $109 / Sq Ft View Prior Sale
02/13/2019 02/13/19 Pending -- -- --
12/02/2018 12/02/18 Price Changed $338,900 -1.7% $109 / Sq Ft
11/05/2018 11/05/18 For Sale $344,900 -- $111 / 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 $3,547 $477,600 $60,700 $416,900
2023 $3,532 $455,000 $40,200 $414,800
2022 $3,200 $426,500 $40,200 $386,300
2021 $2,989 $386,000 $40,200 $345,800
2020 $2,751 $352,600 $40,200 $312,400
2019 $2,663 $332,900 $40,200 $292,700
2018 $2,377 $304,300 $40,200 $264,100
2017 $2,493 $299,100 $40,200 $258,900
2016 $2,396 $283,400 $40,200 $243,200
2014 $2,277 $272,200 $40,200 $232,000
2013 $7 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Litchin

    Seller's Agent in 2023

    Michael Litchin

    Litchin Real Estate

    (260) 438-7128

    10 in this area

    67 Total Sales

    Michael Litchin
    Section Image
  • Charla Sheray

    Buyer's Agent in 2023

    Charla Sheray

    Coldwell Banker Real Estate Gr

    (260) 437-9914

    13 in this area

    25 Total Sales

    Charla Sheray
    Section Image
  • Raylene Webb

    Seller's Agent in 2019

    Raylene Webb

    eXp Realty, LLC

    (260) 715-2765

    11 in this area

    326 Total Sales

    Raylene Webb
    Section Image
  • Aaron Hoover

    Seller Co-Listing Agent in 2019

    Aaron Hoover

    Keller Williams Realty Group

    (260) 460-7707

    11 in this area

    55 Total Sales

    Aaron Hoover
    Section Image
  • Corey Malcolm

    Buyer's Agent in 2019

    Corey Malcolm

    RE/MAX

    (260) 385-1283

    14 in this area

    156 Total Sales

    Corey Malcolm
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202248473

Indiana Regional MLS

APN: 02-11-07-208-006.000-038

Indiana Allen County Fort Wayne 46814 Southwest Fort Wayne

1520 Cypress Spring Dr, Fort Wayne, IN

This home is located at 1520 Cypress Spring Dr, Fort Wayne, IN 46814 since 02 December 2022 and is currently estimated at $504,528, approximately $162 per square foot. This property was built in 2013. 1520 Cypress Spring Dr is a home located in Allen County with nearby schools including Covington Elementary School, Woodside Middle School, and Homestead Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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