341 W Sherwood Terrace Fort Wayne, IN 46807
Sherwood to Pettit Neighborhood
3
Beds
1
Bath
1,648
Sq Ft
7,501
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Screened Porch
- Forced Air Heating and Cooling System
- Wood Flooring
- 1 Car Detached Garage
- Level Lot
About This Home
As of March 2022Located in the "hotter than hot" 07 neighborhood. This 2 owner bungalow is a "fixer upper" just waiting for a buyer who wants to build sweat equity or a flipper looking for their next project. It is being sold "as-is" but the buyer has full inspection rights (10 day inspection period will be allowed). It needs foundation work and other updates but is has been priced accordingly. Positive features include hardwood floors in all bedrooms and living room (under carpet), huge walk-up floored attic which could be additional finished square footage, 16' by 16' screened porch, large fenced rear yard, 2 yr old water heater, and 2 year old roof (back half only). Seller is offering a 1 year home warranty allowance of $500. The dormer style 1 1 /2 story bungalow screams "potential" and sits in one of Fort Wayne's most popular locations. This home has been in the same family for over 50 years. Low utility costs - Monthly averages - Gas-$46, Elec-$51, Water-$48.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $170
Year Built
- Built in 1942
Lot Details
- 7,501 Sq Ft Lot
- Lot Dimensions are 50x150
- Chain Link Fence
- Level Lot
- Zoning described as R-1 Residential
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Poured Concrete
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Screened Porch
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Electric Oven or Range
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Attic
- Storage In Attic
- Walkup Attic
Location
- Suburban Location
Schools
- Harrison Hill Elementary School
- Kekionga Middle School
- South Side High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-12-23-251-002.000-074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2022
Closed on
Mar 9, 2022
Sold by
K & D Realty Llc
Bought by
Delaughter Dean and Oconnor Emily
Buyer's Agent
Justin Longardner
CENTURY 21 Bradley Realty, Inc
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%
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
$16,737
Avg. Annual Appreciation
0.58%
Original Mortgage
$170,000
Outstanding Balance
$160,246
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$13,161
Purchase Details
Listed on
Jul 15, 2021
Closed on
Aug 3, 2021
Sold by
Cucinelli Lucy A
Bought by
K & D Realty Llc
Seller's Agent
Craig Martin
North Eastern Group Realty
List Price
$79,900
Sold Price
$90,500
Premium/Discount to List
$10,600
13.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.98%
Similar Homes in Fort Wayne, IN
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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 | -- | Trademark Title Services | |
| Warranty Deed | $90,500 | Trademark Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,000 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2022 03/09/22 | Sold | $170,000 | +6.3% | $103 / Sq Ft |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- |
| 02/10/2022 02/10/22 | For Sale | $159,900 | +76.7% | $97 / Sq Ft |
| 08/03/2021 08/03/21 | Sold | $90,500 | +13.3% | $55 / Sq Ft |
| 07/18/2021 07/18/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $79,900 | -- | $48 / 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 | $1,974 | $169,800 | $15,500 | $154,300 |
| 2022 | $1,352 | $129,300 | $15,500 | $113,800 |
| 2021 | $562 | $97,600 | $15,500 | $82,100 |
| 2020 | $170 | $94,300 | $15,500 | $78,800 |
| 2019 | $166 | $90,000 | $15,500 | $74,500 |
| 2018 | $163 | $81,900 | $15,500 | $66,400 |
| 2017 | $160 | $83,000 | $15,500 | $67,500 |
| 2016 | $157 | $76,500 | $15,500 | $61,000 |
| 2014 | $244 | $76,300 | $15,500 | $60,800 |
| 2013 | $247 | $76,700 | $15,500 | $61,200 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Longardner
Buyer's Agent in 2022
Justin Longardner
CENTURY 21 Bradley Realty, Inc
(260) 602-1690
1 in this area
152 Total Sales
-
Craig Martin
Seller's Agent in 2021
Craig Martin
North Eastern Group Realty
(260) 341-4188
1 in this area
76 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202128239
APN: 02-12-23-251-002.000-074
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