1520 Cypress Spring Dr Fort Wayne, IN 46814
Southwest Fort Wayne Neighborhood
5
Beds
3.5
Baths
3,108
Sq Ft
10,585
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Vaulted Ceiling
- Community Pool
- Homestead Senior High School Rated A
- Great Room
- Covered patio or porch
About This Home
As of March 2023First Right Contingency Offer in place. Designed for everyday living and hosting family & friends, this 5 bedroom, 3.5 bath home has a finished basement complete with 2nd full kitchen. Set on a quarter acre lot, this property makes a great first impression with beautiful landscaping, contrasting board & batten siding, stacked stone details, a deep covered entry porch & post lighting. A welcoming foyer invites you into this comfortable custom one owner home. The den, currently used as a home office, has a large window & crown molding. The heart of this home is the open great room, kitchen & dining space. The great room offers a vaulted ceiling & stone stacked fireplace flanked by windows. The spacious kitchen is furnished with expresso finish cabinetry, glass mosaic tiled backsplash, a working island highlighted by pendant lighting, a pantry, plus kitchen appliances remain. Gorgeous raised panel wainscoting in the kitchen & dining room. Desirable main floor master suite provides a huge walk-in closet, & ensuite bath with twin sink vanity, soaking tub & separate shower. The laundry & mudroom nook has cubbies & hooks for easy organization, cabinets over the washer & dryer area, plus a folding counter. Upstairs are 3 additional good sized bedrooms, each with a large closet, a loft ideal for a quiet study space, plus a full bath furnished with a twin sink vanity. The lower level has a family room, a full kitchen w/white cabinetry, subway tile backsplash, a bar for seating, plus all appliances remain. A fifth bedroom & full bath provides a perfect guest quarters or multigenerational living on this level. Additional details include a white trim package, transom windows in the dining room add natural light & ventilation, arched entries throughout the main floor, backyard patio, plus split 3 car garage with extra wide driveway adds flexibility. Located in a quiet neighborhood with the convenience of nearby schools, coffee shops, dining & shopping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,478
Year Built
- Built in 2013
Lot Details
- 10,585 Sq Ft Lot
- Lot Dimensions are 73x145
- Landscaped
- Level Lot
HOA Fees
- $28 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Slab Foundation
- Poured Concrete
- Stone Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Entrance Foyer
- Great Room
- Living Room with Fireplace
- Laundry on main level
Kitchen
- Kitchenette
- Oven or Range
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
- Walk-In Closet
- Double Vanity
- Bathtub With Separate Shower Stall
- Garden Bath
Finished Basement
- 1 Bathroom in Basement
- 1 Bedroom in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 02-11-07-208-006.000-038
Community Details
Recreation
- Community Pool
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 Group
List Price
$459,900
Sold Price
$423,000
Premium/Discount to List
-$36,900
-8.02%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,230
Avg. Annual Appreciation
6.87%
Original Mortgage
$289,500
Outstanding Balance
$282,586
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$208,316
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
5.67%
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
Similar Homes in Fort Wayne, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Ttl Co Llc | |
| Deed | -- | -- | |
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $289,500 | New Conventional | |
| Previous Owner | $258,654 | New Conventional | |
| Previous Owner | $271,100 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $258,800 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $258,800 | New Conventional | |
| Previous Owner | $266,553 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
13 in this area
70 Total Sales
-
Charla Sheray
Buyer's Agent in 2023
Charla Sheray
Coldwell Banker Real Estate Group
(260) 437-9914
15 in this area
28 Total Sales
-
Raylene Webb
Seller's Agent in 2019
Raylene Webb
eXp Realty, LLC
(260) 715-2765
13 in this area
308 Total Sales
-
Aaron Hoover
Seller Co-Listing Agent in 2019
Aaron Hoover
Keller Williams Realty Group
(260) 460-7707
14 in this area
59 Total Sales
-
Corey Malcolm
Buyer's Agent in 2019
Corey Malcolm
RE/MAX
(260) 385-1283
17 in this area
167 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201849379
APN: 02-11-07-208-006.000-038
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