NOT LISTED FOR SALE

5007 White Oak Ln Valparaiso, IN 46383

Estimated Value: $296,000 - $362,000

3 Beds
2 Baths
1,635 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $325,000 $199 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,888/month

2 Days on Market

Highlights

  • Access To Lake
  • Lake View
  • Ranch Style House
  • Cooks Corners Elementary School Rated A
  • Deck
  • Sun or Florida Room

About This Home

As of October 2022

This Lake View Bungalow offers year-round Vacation Vibes! From the moment you arrive, you will be swept away by the feeling of tranquility, gorgeous views and a lake breeze that flows abundantly throughout the home. This functional floor plan offers 1,600 sq ft, 3 bedrooms and 2 full bathrooms. The updated Kitchen is placed perfectly between the Formal Dining Room and Spacious Living Room, featuring SS appliances, granite counter-tops and a pantry. Enjoy your morning coffee in the Sunroom that boasts tons of natural light & the best lake views in the home. Prepare to be completely amazed by your Resort Style backyard! Overflowing with gorgeous botanicals, a multi-tiered deck, and your very own Tiki Hut Bar, perfect for hosting every summer event! The Bar features built in speakers, a tv mount, ample seating, and was intricately designed & built w/ quality craftsmanship. The fun doesn't end here! Be sure to take full advantage of the Exclusive Community Beach and Lake Access.

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 08/25/2022

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1958

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Paved or Partially Paved Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,635 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number 640901302002000003

Community Details

Overview

  • Ericksons Spectacle Lake Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,454

Year Built

Built in 1958

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Access, Lake View, Paved Road, Water Rights
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1103
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: Ericksons Spectacle Lake
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Stone,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 100
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, Formal Dining, FP Living/Great Room, Main Bedroom Bath, Main Floor Bedroom, Main Floor Laundry, Sun Room
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Deck
  • Acres: 0.23

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 50 x 200
  • Lot Size Sq Ft: 10019
  • ResoLotSizeUnits: Acres
  • Parcel #: 640901302002000003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1454

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 4, 2022
Sold by
Burbee Sue E and Burbee Ronald W
Bought by
Wooten William T
Seller's Agent
Karl Wehle
Realty Executives Premier
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%
Current Estimated Value
$334,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,956
Avg. Annual Appreciation
1.00%
Original Mortgage
$260,000
Outstanding Balance
$250,162
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$84,794
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
Wooten William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooten William T $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $325,000 +3.2% $199 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $315,000 -- $193 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $1,487 $190,300 $37,200 $153,100
2023 $1,426 $186,800 $35,000 $151,800
2022 $1,286 $170,200 $35,000 $135,200
2021 $1,454 $159,200 $35,000 $124,200
2020 $1,380 $149,700 $33,300 $116,400
2019 $1,240 $135,600 $33,300 $102,300
2018 $1,209 $132,500 $33,300 $99,200
2017 $1,082 $124,100 $33,300 $90,800
2016 $1,307 $151,500 $49,600 $101,900
2014 $812 $129,900 $46,900 $83,000
2013 -- $123,500 $46,900 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518604

Northwest Indiana Association of REALTORS®

APN: 64-09-01-302-002.000-003