$38,640
SOLD DEC 30, 2014

5019 Primitivo Pass Fort Wayne, IN 46845

0.24 Acre
$161,809 Price per Acre
10,400 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

16% Below List Price

359 Days on Market

About This Lot

As of September 2015

Sorrento is located off Union Chapel Road within minutes of Parkview North and Dupont Hospitals! Northwest Allen County's fastest growing community!

Last Agent to Sell the Property

Kimberly Ward

North Eastern Group Realty Listed on: 12/23/2013

North Eastern Group Realty

Last Buyer's Agent

Kimberly Ward

North Eastern Group Realty Listed on: 12/23/2013

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,565

Lot Details

  • 10,400 Sq Ft Lot
  • Lot Dimensions are 80 x 130
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $23 Monthly HOA Fees

Schools

  • Perry Hill Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Heating System Uses Gas
  • Water Tap or Transfer Fee

Community Details

  • Sorrento Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-25-201-018.000-057

Property Details

Property Type

Land

Est. Annual Taxes

$2,565

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 283 Sorrento, Section IV |
  • Parcel Number ID: 02-02-25-201-018.000-057
  • Platted: Yes
  • Cross Street: Union Chapel Road
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: IV
  • Sp Lp Percent: 84
  • Parcel Description: Level
  • Restrictions: Restrictions, Sidewalk Required, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2013
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 270
  • Association Fees Frequency: Annually

Schools

  • School District: Northwest Allen County
  • Elementary School: Perry Hill
  • Middle School: Maple Creek
  • High School: Carroll
  • Elementary School: Perry Hill

Lot Info

  • Lot Dimensions: 80 X 130
  • Estimated Lot Sq Ft: 10400
  • Estimated Lot Size Acres: 0.2388
  • Lot Number: 283
  • Easements: Yes

Tax Info

  • Annual Taxes: 12.22

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Sep 30, 2015
Sold by
Km Builders
Bought by
Grewal Jagdeep S and Kaur Palwinder
Seller's Agent
Dale Koler
Fall Creek Homes & Development
Buyer's Agent
Susanne Rippey
Coldwell Banker Real Estate Group
List Price
$226,900
Sold Price
$226,735
Premium/Discount to List
-$165
-0.07%
Current Estimated Value
$406,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,869
Avg. Annual Appreciation
6.01%
Original Mortgage
$179,520
Outstanding Balance
$139,396
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$267,208

Purchase Details

Closed on
Dec 16, 2013
Sold by
Pine View Land Corp
Bought by
Km Builders and Fall Creek Homes
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 Type Sale Price Title Company
Corporate Deed -- Centurion Land Title Inc
Corporate Deed -- Titan Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,520 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $226,735 -0.1% $104 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $226,900 +487.2% $104 / Sq Ft
12/30/2014 12/30/14 Sold $38,640 -16.0% $18 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $46,000 -- $21 / 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 $2,565 $345,900 $40,400 $305,500
2023 $2,540 $336,200 $40,400 $295,800
2022 $2,270 $300,800 $40,400 $260,400
2021 $2,115 $267,300 $40,400 $226,900
2020 $2,040 $250,500 $40,400 $210,100
2019 $2,052 $245,200 $40,400 $204,800
2018 $1,952 $232,100 $40,400 $191,700
2017 $1,849 $212,700 $40,400 $172,300
2016 $1,900 $214,300 $40,400 $173,900
2014 $13 $600 $600 $0
2013 $14 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201320503

Indiana Regional MLS

APN: 02-02-25-201-018.000-057