NOT LISTED FOR SALE

Estimated Value: $1,120,000 - $1,489,000

3 Beds
3 Baths
3,512 Sq Ft
4,356 Sq Ft Lot

Last Sold January 20, 2014

Last sale price $508,988 $145 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $7,407/month

124 Days on Market

Highlights

  • Penthouse
  • Vaulted Ceiling
  • Bay Window
  • Carmel Elementary School Rated A
  • Elevator
  • 5-minute walk to Midtown Plaza Carmel

About This Home

As of January 2014

LUXURIOUS PENTHOUSE CONDOMINIUM LOCATED IN "CARMEL ARTS RESIDENCES" IN DOWNTOWN CARMEL. BOUTIQUES, SHOPPING, EXCEPTIONAL DINING, CUTURAL EVENTS AND MUCH MORE LOCATED JUST OUT YOUR FRONT DOOR. SPACIOUS AND FUNCTIONAL FLOOR PLAN WITH AMAZING HIGH END FINISHES. GORGEOUS ENTRY, WONDERFUL LIVING RM W/FPLC, BLT-IN AND MUCH MORE OPEN TO THE GOURMET KITCHEN W/GRANITE AND AWESOME WET BAR. LARGE MASTER STE W/AMAZING BATH, LOFT, LAUNDRY & 2ND BR ON UPPER LVL W/BALCONIES. 3RD BR ON MAIN LVL CLD BE DEN.

Last Agent to Sell the Property

Bif Ward

F.C. Tucker Company License #RB14008792 Listed on: 08/15/2013

F.C. Tucker Company

Co-Listed By

Tanya Gould

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 2007

Lot Details

  • 4,356

Parking

  • Garage

Home Design

  • Penthouse
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 290925122024903018

Community Details

Overview

  • Association fees include snow removal, trash
  • Carmel Arts Condominiums Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,312

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2007
  • Garage Y N: Yes
  • Subdivision Name: CARMEL ARTS CONDOMINIUMS
  • Inspection Warranties: General
  • Property Description: LUXURIOUS PENTHOUSE CONDOMINIUM LOCATED IN "CARMEL ARTS RESIDENCES" IN DOWNTOWN CARMEL. BOUTIQUES, SHOPPING, EXCEPTIONAL DINING, CUTURAL EVENTS AND MUCH MORE LOCATED JUST OUT YOUR FRONT DOOR. SPACIOUS AND FUNCTIONAL FLOOR PLAN WITH AMAZING HIGH END FINISHES. GORGEOUS ENTRY, WONDERFUL LIVING RM W/FPLC, BLT-IN AND MUCH MORE OPEN TO THE GOURMET KITCHEN W/GRANITE AND AWESOME WET BAR. LARGE MASTER STE W/AMAZING BATH, LOFT, LAUNDRY & 2ND BR ON UPPER LVL W/BALCONIES. 3RD BR ON MAIN LVL CLD BE DEN.
  • Transaction Type: Sale
  • Floor Number: 3
  • Lifestyles: Pent House
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Convection Oven, Refrigerator, Washer, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Wood Work Painted, Window Bay Bow
  • Living Area: 3512
  • Other Equipment: Elevator Common, Intercom, Smoke Detector, WetBar, Water Purifier, Water-Softener Owned
  • Room Count: 8
  • Areas Interior: Living Room Formal,Foyer Large,Laundry Room Upstairs
  • Eating Area: Breakfast Bar,Dining Combo/Living Room,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3512
  • Main Level Sq Ft: 1781
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Sinks Double,Tub Full with Separate Shower,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 3512
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1731
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 549900
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Rooftop

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached,1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Humidifier
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Common Entry

Fee Information

  • Association Fee Includes: Entrance Common, Snow Removal, Trash
  • Mandatory Fee: 488

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 290925122024903018
  • Acres: <1/4 Acre
  • Lot Number: C
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 5312
  • Semi Annual Property Tax Amt: 2656
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Jan 15, 2014
Sold by
Olvera Mary Kay
Bought by
Heitert Robert G and Heitert Lu Ann
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$549,900
Sold Price
$508,988
Premium/Discount to List
-$40,912
-7.44%
Current Estimated Value
$1,304,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,512
Avg. Annual Appreciation
8.35%
Original Mortgage
$400,000
Outstanding Balance
$302,326
Interest Rate
4.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,002,174

Purchase Details

Closed on
Sep 29, 2009
Sold by
Carmel Arts Llc
Bought by
Olvera Dennis and Olvera Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Heitert Robert G -- Hamilton National Title Llc
Olvera Dennis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heitert Robert G $400,000
Previous Owner Olvera Dennis $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2014 01/20/14 Sold $508,988 -7.4% $145 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
11/06/2013 11/06/13 For Sale $549,900 0.0% $157 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/19/2013 09/19/13 Price Changed $549,900 -4.0% $157 / Sq Ft
08/15/2013 08/15/13 For Sale $572,900 -- $163 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $5,877 $518,700 $95,300 $423,400
2023 $6,127 $554,500 $100 $554,400
2022 $6,414 $560,900 $100 $560,800
2021 $5,324 $470,200 $100 $470,100
2020 $5,324 $470,200 $100 $470,100
2019 $5,445 $480,800 $100 $480,700
2018 $5,341 $480,800 $100 $480,700
2017 $5,342 $480,900 $100 $480,800
2016 $5,372 $491,300 $100 $491,200
2014 $5,402 $494,000 $100 $493,900
2013 $5,402 $499,200 $100 $499,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21250601

MIBOR Broker Listing Cooperative®

APN: 29-09-25-122-024.903-018