NOT LISTED FOR SALE

5005 Masthead Ct South Bend, IN 46628

Estimated Value: $469,998 - $649,000

4 Beds
2 Baths
3,025 Sq Ft
$44/mo HOA Fee

Last Sold February 24, 2014

Last sale price $289,000 $96 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,317/month

122 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • Primary Bedroom Suite
  • Pier or Dock
  • Access To Lake
  • Open Floorplan

About This Home

As of February 2014

Move right into this waterfront home in the villas at lake blackthorn! Nestled away on a private quiet cul de sac overlooking pond with fountain. The open concept floorplan features a gourmet kitchen with cherry cabinets, huge pantry, ceramic flooring, ss appliances & granite counters, & walk out to a 4 seasons room. 4 seasons rm w heat & ac overlooks tranquil pond perfect for relaxing, entertaining, & enjoying nature, leads to deck. Master with cathedral ceiling, spa bathroom w ceramic walk in shower, & walk in closets. Price includes appx 1200 sf finished look out basement! 3 car attached garage, city water/sewer. 5 year tax abatement = huge tax savings call assessor to verify. No maintenance, brand new waterfront home w monthly landscaping/snow removal program so you can relax. Do not miss this opportunity, call today! Agents pls see remarks. Less than 1 acre

Last Agent to Sell the Property

Steve Cooreman

Irish Realty Listed on: 10/04/2013

Last Buyer's Agent

Lin Gray

Howard Hanna SB Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 2008

Lot Details

  • 100 Feet of Waterfront
  • Private Beach
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Irrigation

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry Siding
  • Stone Exterior Construction
  • Masonry
  • Vinyl Construction Material
  • Limestone

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Screen For Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Workshop
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof
  • Energy-Efficient Thermostat

Outdoor Features

  • Access To Lake
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-1010-017665

Community Details

Overview

  • $129 Other Monthly Fees

Recreation

  • Pier or Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,267

Year Built

Built in 2008

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2008
  • Age: 6
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 47 VILLAS at LAKE BLACKTHORN
  • Parcel Number ID: 25-1010-017665
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Cable Available, Ceiling-Cathedral, Ceiling-Tray, Ceilings-Vaulted, Countertops-Stone, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Irrigation System, Kitchen Island, Landscaped, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Porch Covered, Porch Enclosed, Porch Open, Porch Screened, Range/Oven Hk Up Gas/Elec, Six Panel Doors, Utility Sink, Stand Up Shower, Workshop, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Lake Blackthorn Drive
  • Grid: South Bend NW
  • Location: City/Town/Suburb, Lake
  • New Construction: Spec
  • Number Below Grade Bedrooms: 1
  • Section Number: Villas at Lake Blackthorn
  • Sp Lp Percent: 100
  • State Id: 25-1010-017665
  • Special Features: None

Interior Features

  • Total Sq Ft: 3485
  • Total Finished Sq Ft: 3025
  • Above Grade Finished Sq Ft: 1825
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 460
  • Price Per Sq Ft: 158.36
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Fireplace Screen/Door, Gas Log, Gas Starter, Fireplace Insert, Vented
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Bedroom 4: Dimensions: 12x10, On Level: Lower
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1660

Exterior Features

  • Exterior: Brick, Stone, Vinyl, Wood, Masonry, Limestone
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock Available, Private Beach, Walk to Lake Access
  • Water Frontage: 100

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 44
  • Association Fees Frequency: Monthly
  • Other Fee Description: MANDATORY LAWN/SNOW PROGRAM FOR WATERFRONT HOMES
  • Other Fees Dollar: 129

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Coquillard
  • Middle School: Dickinson
  • High School: Washington

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront, 0-2.9999
  • Lot Dimensions: 151x100
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 47
  • Zoning: A Single Family Residential

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Insulation, Roofing, Thermostat/Controllers, Water Heater, Windows

Tax Info

  • Annual Taxes: 6266.74
  • Total Assessed Value: 256200
  • Tax Code: Tax Code 25-S. Bend German

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Feb 24, 2014
Sold by
Irish Property Mgmt Llc
Bought by
Miller Richard A
Seller's Agent
Steve Cooreman
Irish Realty
Buyer's Agent
Lin Gray
Howard Hanna SB Real Estate
List Price
$259,000
Sold Price
$289,000
Premium/Discount to List
$30,000
11.58%
Total Days on Market
122
Current Estimated Value
$538,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,500
Avg. Annual Appreciation
6.16%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Sep 9, 2013
Sold by
Fifth Third Bank
Bought by
Irish Property Management Llc
Seller's Agent
Carolee Dalrymple
Irish Realty
Buyer's Agent
Steve Cooreman
Irish Realty
List Price
$279,900
Sold Price
$175,000
Premium/Discount to List
-$104,900
-37.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.88%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Platinum Builders Llc
Bought by
Fifth Third Bank
Source: Public Records

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Range of Values:

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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
Miller Richard A -- Metropolitan Title
Irish Property Management Llc -- Meridian Title
Fifth Third Bank $184,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Richard A $75,000
Closed Miller Richard A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $289,000 +11.6% $96 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $259,000 +48.0% $86 / Sq Ft
09/13/2013 09/13/13 Sold $175,000 -37.5% $105 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $279,900 -- $169 / 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 $4,986 $458,100 $98,400 $359,700
2023 $4,943 $410,700 $98,400 $312,300
2022 $5,101 $414,200 $98,400 $315,800
2021 $4,814 $387,900 $47,800 $340,100
2020 $4,377 $353,300 $43,600 $309,700
2019 $3,390 $334,700 $47,600 $287,100
2018 $3,688 $300,200 $41,800 $258,400
2017 $3,301 $257,200 $41,800 $215,400
2016 $3,405 $259,500 $41,800 $217,700
2014 $2,916 $224,600 $36,000 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 681527

Indiana Regional MLS

APN: 71-03-18-401-002.000-009