NOT LISTED FOR SALE

3242 Teramo Cove Fort Wayne, IN 46814

Southwest Fort Wayne Neighborhood

Estimated Value: $535,391 - $622,000

4 Beds
3 Baths
3,668 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $390,000 $106 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,413/month

38 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 3 Car Attached Garage
  • Homestead Senior High School Rated A
  • Ranch Style House
  • Central Air

About This Home

As of March 2019

Beautiful split bedroom ranch built by Carriage Place Homes in desirable Southwest Allen County on a finished basement. This open floor plan features a large granite island with views to the great room, informal dining area and windows overlooking the large pond that this lot is situated on. The great room includes a full wall of windows overlooking the pond, gas fireplace with built-ins surrounding it and surround sound for your entertainment system. The main floor also has an en-suite master bedroom with backlit Trey ceiling, large bathroom with 7 foot ceramic shower, marble double vanity with center cabinet. A separate commode, linen closet and spacious walk-in closet complete this amazing master suite. The main floor additionally includes a formal dining area, two bedrooms and another full bathroom. Since first built, the basement has been completely finished with no expense spared. This 9 foot tall, naturally lit basement comes complete with a rec area, bathroom, bedroom and acoustically built theater room. Words alone don't do this house justice and is a must see!

Last Agent to Sell the Property

Tom Horn

Steffen Group Listed on: 01/17/2019

Last Buyer's Agent

Jeff Walborn

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 2016

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88.82x130
  • Waterfront
  • Level Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-11-18-229-040.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,780

Year Built

Built in 2016

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2016
  • Age: 3
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MEDITERRA LOT 58 SECTION 2
  • Parcel Number ID: 02-11-18-229-040.000-038
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.51
  • Special Features: None

Interior Features

  • Total Sq Ft: 3858
  • Total Finished Sq Ft: 3668
  • Above Grade Finished Sq Ft: 2168
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 190
  • Price Per Sq Ft: 179.89
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 14x11, On Level: Main
  • Bedroom 4: Dimensions: 12x14, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1690

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 325
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 88.82x130
  • Estimated Lot Sq Ft: 11760
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Annual Taxes: 2780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 14, 2019
Sold by
Todd Daniel J
Bought by
Poe Troy M and Poe Kelly E
Seller's Agent
Tom Horn
Steffen Group
Buyer's Agent
Jeff Walborn
Mike Thomas Assoc., Inc
List Price
$399,950
Sold Price
$390,000
Premium/Discount to List
-$9,950
-2.49%
Current Estimated Value
$578,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,098
Avg. Annual Appreciation
6.20%
Original Mortgage
$351,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Oct 14, 2016
Sold by
Oakmont Development Llc
Bought by
Carraige Palce Homes Inc
Seller's Agent
Suzanne Nieberding
Mike Thomas Assoc., Inc
Buyer's Agent
Chelsea Koehl
CENTURY 21 Bradley Realty, Inc
List Price
$353,900
Sold Price
$340,000
Premium/Discount to List
-$13,900
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$323,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Poe Troy M $390,000 Renaissance Title
Carraige Palce Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poe Troy M $351,000
Previous Owner Carraige Palce Homes Inc $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $390,000 -2.5% $106 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $399,950 +17.6% $109 / Sq Ft
10/14/2016 10/14/16 Sold $340,000 -3.9% $157 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
07/14/2015 07/14/15 For Sale $353,900 -- $163 / 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 $3,856 $516,700 $97,100 $419,600
2022 $3,430 $453,500 $55,500 $398,000
2021 $3,217 $411,600 $55,500 $356,100
2020 $2,904 $371,300 $55,500 $315,800
2019 $2,957 $365,900 $55,500 $310,400
2018 $2,394 $305,000 $55,500 $249,500
2017 $2,480 $296,800 $55,500 $241,300
2016 $2,472 $292,400 $55,500 $236,900
2014 $17 $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Horn

    Steffen Group

    Section Image
  • Jeff Walborn

    Buyer's Agent in 2019

    Jeff Walborn

    Mike Thomas Assoc., Inc

    (260) 414-6644

    18 in this area

    220 Total Sales

    Jeff Walborn
    Section Image

  • S

    Seller's Agent in 2016

    Suzanne Nieberding

    Mike Thomas Assoc., Inc

    Section Image

  • C

    Buyer's Agent in 2016

    Chelsea Koehl

    CENTURY 21 Bradley Realty, Inc

    (260) 399-1177

    1 in this area

    62 Total Sales

    Chelsea Koehl
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201902037

Indiana Regional MLS

APN: 02-11-18-229-040.000-038

Indiana Allen County Fort Wayne 46814 Southwest Fort Wayne

3242 Teramo Cove, Fort Wayne, IN

This home is located at 3242 Teramo Cove, Fort Wayne, IN 46814 since 17 January 2019 and is currently estimated at $578,098, approximately $157 per square foot. This property was built in 2016. 3242 Teramo Cove 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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