NOT LISTED FOR SALE

2611 Fairfield View Place Fort Wayne, IN 46807

Fairfield Neighborhood

Estimated Value: $127,611 - $157,000

4 Beds
2 Baths
1,664 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $36,000 $22 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $908/month

38 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2018

Both units are rented. Tenants pay $500 a month each unit. Tenants also pa the gas & electric. Owner pays the water bill. There is only 1 meter but the line splits off for separate service. It is called a split meter All of the houses across the street from this unit are being torn down for a brand new boys & girls club. This will do amazing things for the neighborhood. expenses & insurance have been estimated.

Last Agent to Sell the Property

Ruth Mercer

CENTURY 21 Bradley Realty, Inc Listed on: 02/09/2018

Co-Listed By

John Mattingly

Perfect Location Realty

Last Buyer's Agent

Laura Martinez

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1930

Lot Details

  • 3,676 Sq Ft Lot
  • Lot Dimensions are 49 x 75
  • Level Lot

Home Design

  • Duplex
  • A-Frame Home
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Fairfield Elementary School
  • Shawnee Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for water
  • Assessor Parcel Number 02-12-11-380-025.000-074

Community Details

Overview

  • 2 Units
  • Fairfield View Place Subdivision

Building Details

  • Insurance Expense $550
  • Maintenance Expense $459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$795

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 88
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 10 Fairfield View Place Add |
  • Parcel Number ID: 02-12-11-380-025.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Cross Street: Pontiac
  • Location: City/Town/Suburb
  • Sp Lp Percent: 60.1
  • Annual Miscellaneous: 159
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2528
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 21.63
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 550
  • Annual Maintenance Expense: 459
  • Number Of W D Hookups: 2

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Shawnee
  • High School: South Side
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 49 X 75
  • Estimated Lot Sq Ft: 3676
  • Estimated Lot Size Acres: 0.0844
  • Lot Number: 10

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel, Heating

Tax Info

  • Total Assessed Value: 36500
  • Annual Property Tax: 795

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: South Side
  • Middle School: Shawnee
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 27, 2018
Sold by
Albornoz Luis and Albornoz Jacqueline
Bought by
Diaz Rafael
Seller's Agent
Ruth Mercer
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Laura Martinez
Coldwell Banker Real Estate Gr
List Price
$59,900
Sold Price
$36,000
Premium/Discount to List
-$23,900
-39.9%
Current Estimated Value
$139,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,153
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Sep 25, 2006
Sold by
Coleman Jack E and Coleman Monica A
Bought by
Albornoz Luis and Albornoz Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Stacey Henry Lee and Jones Phillip C
Bought by
Coleman Jack E and Coleman Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,910
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Diaz Rafael -- None Available
Albornoz Luis -- None Available
Coleman Jack E -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albornoz Luis $38,400
Previous Owner Albornoz Luis $45,900
Previous Owner Coleman Jack E $35,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $36,000 -39.9% $22 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $59,900 -- $36 / 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 $1,756 $116,200 $16,700 $99,500
2022 $1,746 $77,700 $10,400 $67,300
2021 $1,492 $66,600 $4,200 $62,400
2020 $818 $37,400 $4,200 $33,200
2019 $814 $37,400 $4,200 $33,200
2018 $1,094 $49,900 $4,200 $45,700
2017 $1,004 $45,400 $4,200 $41,200
2016 $795 $36,500 $4,200 $32,300
2014 $505 $24,300 $4,700 $19,600
2013 $602 $29,000 $4,700 $24,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201804926

Indiana Regional MLS

APN: 02-12-11-380-025.000-074