NOT LISTED FOR SALE

5125 Chablis Ct Unit 88 Fort Wayne, IN 46845

Estimated Value: $381,000 - $463,000

0.24 Acre
$1,761,264 Price per Acre
10,542 Sq Ft Lot

Last Sold September 11, 2012

Last sale price $47,000

Est. 807% increase in value since last sale

Current estimated payment $2,568/month

709 Days on Market

Highlights

  • Lake, Pond or Stream
  • Cedar Canyon Elementary School Rated A-
  • Garage

About This Lot

As of September 2012

Build you dream home at an affordable price in Northwest Allen schools. Sorrento is located off Union Chapel Road within minutes of Parkview North and Dupont Hospitals! This spectacular lot had been reserved for a custom builder and is now available to select your own builder. Peaceful cul-de-sac street, sprawling yard and nice water view. Perfect for daylight basement and potential for walkout basement. Come see this lot and see the value - this is not a leftover, scrappy, lot! It is a premiere location now open to choose your builder. Attached floor plan is just one possibility for this lot. We can assist you developing a plan that best suits your desire.

Last Agent to Sell the Property

Beth Goldsmith

North Eastern Group Realty Listed on: 09/02/2010

North Eastern Group Realty

Co-Listed By

Lynette Johnson

North Eastern Group Realty

Last Buyer's Agent

Mary Sherer

ERA Crossroads

ERA Crossroads

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $922

Lot Details

  • 10,542 Sq Ft Lot
  • Lot Dimensions are 81 x 130
  • Finished Lot(s)

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Garage

Schools

  • Cedar Canyon Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Heating System Uses Gas
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 020225277009000057

Community Details

Overview

  • Sorrento Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$922

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Sorrento Sec 1 Lot 88 |
  • Parcel Number ID: 020225277009000057
  • Platted: Yes
  • Cross Street: Tuscany Way
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 94
  • State Id: 02-02-25-277-009.000-057
  • Parcel Description: Level, Waterfront
  • Restrictions: Restrictions, Sidewalk Required, SqFt Restrictions, Tap Fee
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2011
  • Special Features: None

Utilities

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

Condo/Co-op/Association

  • Association Fees: 270
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 81 x 130
  • Estimated Lot Sq Ft: 10542
  • Estimated Lot Size Acres: 0.242
  • Lot Number: 88
  • Easements: Yes
  • Land Features: Garage

Tax Info

  • Annual Taxes: 921.76

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Chen Kai and Shao Rong
Bought by
Smallwood Justin
Current Estimated Value
$426,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,975
Outstanding Balance
$172,080
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$254,146

Purchase Details

Closed on
Jan 30, 2015
Sold by
Ng Peter and Han Fei
Bought by
Chen Kai and Shao Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,090
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Carriage Place Homes Inc
Bought by
Ng Peter and Han Fei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,999
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2010
Closed on
Sep 11, 2012
Sold by
Lynn Delagrange Inc
Bought by
Carriage Place Homes Inc
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Mary Sherer
ERA Crossroads
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$199,000
Interest Rate
3.48%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2003
Sold by
Pine View Land Corp
Bought by
Lynn Delagrange Inc
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 Buyer Sale Price Title Company
Smallwood Justin -- Centurion Land Title Inc
Chen Kai -- Metropolitan Title Of In
Ng Peter -- Metropolitan Title Of In
Carriage Place Homes Inc -- Titan Title Services Llc
Lynn Delagrange Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smallwood Justin $212,975
Previous Owner Chen Kai $211,090
Previous Owner Ng Peter $209,999
Previous Owner Carriage Place Homes Inc $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2012 09/11/12 Sold $47,000 -14.5% --
08/11/2012 08/11/12 Pending -- -- --
09/02/2010 09/02/10 For Sale $55,000 -- --
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 $3,325 $434,500 $50,500 $384,000
2023 $3,300 $422,400 $50,500 $371,900
2022 $2,877 $367,900 $50,500 $317,400
2021 $2,662 $323,700 $50,500 $273,200
2020 $2,551 $301,500 $50,500 $251,000
2019 $2,599 $297,900 $50,500 $247,400
2018 $2,496 $283,600 $50,500 $233,100
2017 $2,385 $260,600 $50,500 $210,100
2016 $2,434 $260,500 $50,500 $210,000
2014 $2,494 $249,400 $50,500 $198,900
2013 $2,448 $244,800 $47,000 $197,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201010904

Indiana Regional MLS

APN: 02-02-25-277-009.000-057