NOT LISTED FOR SALE

Estimated Value: $173,000 - $185,000

1 Bed
1.5 Baths
1,227 Sq Ft
$110/mo HOA Fee

Last Sold March 10, 2017

Last sale price $70,000 $57 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,194/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • Level Lot
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of March 2017

Fantastic opportunity to own a condo in Fort Wayne at a great price! Maintenance free living in a quiet community close to shopping, dining, & more. 1 bedroom, 1-1/2 bath. Open floorplan, vaulted ceiling with skylight, brick fireplace, loft (or could use as second bedroom) overlooks the living area, built-in shelves, nice sized bedroom with walk-in closet. Features a 1-car attached garage and partially fenced back patio. Needs some updating but at this price you can make it your own. Priced to sell as-is. Dues are $330 quarterly for maintenance and $360 annually for group condo insurance. The association is planning for new roofs in the near future. Cost will be divided among owners and exact amount is undetermined at this time. Estimated assessment is $1,300 per condo but that is strictly an estimate.

Last Agent to Sell the Property

James Ryland

Ryland Real Estate Listed on: 02/06/2017

Last Buyer's Agent

Heather Regan

Regan & Ferguson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $603

Year Built

  • Built in 1985

Lot Details

  • 871

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,227 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-12-08-153-011.000-074

Property Details

Home Type

Condominium

Est. Annual Taxes

$603

Year Built

Built in 1985

Lot Details

0

HOA Fees

$110 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1985
  • Style: Two Story
  • Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Springmill Woods Add Dwelling Unit 46
  • Parcel Number ID: 02-12-08-153-011.000-074
  • Platted: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1227
  • Total Finished Sq Ft: 1227
  • Above Grade Finished Sq Ft: 1227
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 17x18, On Level: Main
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Dining Room: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 13x16, On Level: Upper
  • Loft: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl, Wood
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 11x21

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 5xMain, On Level: 6

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 330
  • Association Fees Frequency: Quarterly
  • Other Fee Description: Group Condo Insurance
  • Other Fees Dollar: 360

Lot Info

  • Lot Description: Level

Tax Info

  • Annual Taxes: 603
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 10, 2017
Sold by
Boxberger Bruce O
Bought by
Melia Michael L
Seller's Agent
James Ryland
Ryland Real Estate
Buyer's Agent
Heather Regan
Regan & Ferguson Group
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$178,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,672
Avg. Annual Appreciation
11.19%
Original Mortgage
$63,000
Outstanding Balance
$52,272
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$125,768
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melia Michael L $70,000 Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melia Michael L $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $70,000 -6.7% $57 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $75,000 -- $61 / 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 $1,762 $179,900 $33,000 $146,900
2022 $1,518 $139,100 $15,000 $124,100
2021 $1,147 $113,000 $15,000 $98,000
2020 $1,151 $111,800 $15,000 $96,800
2019 $858 $94,200 $15,000 $79,200
2018 $493 $74,400 $15,000 $59,400
2017 $557 $77,000 $15,000 $62,000
2016 $625 $75,300 $15,000 $60,300
2014 $581 $72,100 $15,000 $57,100
2013 $569 $72,100 $15,000 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704942

Indiana Regional MLS

APN: 02-12-08-153-011.000-074