5510 Covington Rd Fort Wayne, IN 46804
Westwood NeighborhoodEstimated Value: $264,000 - $339,000
3
Beds
2.5
Baths
2,682
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- Heavily Wooded Lot
- Whirlpool Bathtub
- Beamed Ceilings
- Ranch Style House
- 1 Fireplace
- 2 Car Attached Garage
About This Home
As of January 2018Home to be purchased in "as is" condition. AS IS Addendum to the Purchase Agreement is attached to the listing and needs to to be signed by Buyer and delivered along with any Purchase Agreement written. Home needs some updating but has a TON OF POTENTIAL!! This home offers huge amounts of square footage for the money and sits on an acre of ground with beautiful majestic mature trees!! Home is priced $15,000 below an appraisal that was done in Oct. 2015 that showed a value then of $180,000. A copy of that appraisal is sitting on kitchen counter. Current taxes reflect no exemptions but would be dramatically reduced once new Buyers Homestead Exemption and any other allowable exemptions are filed by Buyer and applied. An incredible amount of storage is available in this home - built-ins in hallway are really cool plus walk-in storage closet! Current owner has replaced many of the windows in the home in the last seven years and installed a Bosch dishwasher in kitchen and a water heater for the master bath area in 2014 - there are two water heaters for this home. Home values are very stable in this area and would protect the value of this home once renovations are performed. Just down the street from Canterbury School and close to hospital, shopping highways, restaurants, etc. Come take a look and see all the potential that this home has to offer!!
Last Agent to Sell the Property
Bill Gething
RE/MAX Results Listed on: 05/05/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,300
Year Built
- Built in 1958
Lot Details
- 1 Acre Lot
- Lot Dimensions are 150x259
- Privacy Fence
- Level Lot
- Heavily Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 2,682 Sq Ft Home
- Beamed Ceilings
- Ceiling Fan
- 1 Fireplace
- Entrance Foyer
- Crawl Space
- Electric Dryer Hookup
Kitchen
- Electric Oven or Range
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Whirlpool Bathtub
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-12-07-481-007.000-074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2017
Closed on
Jan 5, 2018
Sold by
Cates Michael D
Bought by
Reyes Jose C Luna and Florian Dayana Martinez
Seller's Agent
Bill Gething
RE/MAX Results
Buyer's Agent
Amanda Blackburn
North Eastern Group Realty
List Price
$194,900
Sold Price
$165,000
Premium/Discount to List
-$29,900
-15.34%
Total Days on Market
196
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,132
Avg. Annual Appreciation
8.01%
Original Mortgage
$155,677
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 30, 2010
Sold by
Richey Robert A
Bought by
Cates Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,774
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 1, 2007
Sold by
Adamonis Lisa D and Adamonis John
Bought by
Richey Robert A
Purchase Details
Closed on
Mar 25, 2004
Sold by
Adamonis John J
Bought by
Adamonis Lisa
Purchase Details
Closed on
Nov 20, 2002
Sold by
Bennett Jimmie E and Bennett Ruth C
Bought by
Adamonis John J and Adamonis Lisa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.08%
Purchase Details
Closed on
Nov 16, 2001
Sold by
National City Bank Of Indiana
Bought by
Bennett Jimmie E and Bennett Ruth C
Similar Homes in Fort Wayne, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reyes Jose C Luna | -- | Centurion Land Title Inc | |
| Cates Michael D | -- | Commonwealth Land Title Co | |
| Richey Robert A | -- | Metropolitan Title Company | |
| Adamonis Lisa | -- | -- | |
| Adamonis John J | -- | -- | |
| Bennett Jimmie E | -- | Commonwealth/Dreibelbiss Tit | |
| Bennett Jimmie E | -- | Commonwealth/Dreibelbiss Tit |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Florian Dayana Martinez | $152,000 | |
| Closed | Reyes Jose C Luna | $155,677 | |
| Previous Owner | Cates Michael D | $157,774 | |
| Previous Owner | Adamonis John J | $142,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2018 01/10/18 | Sold | $165,000 | -15.3% | $62 / Sq Ft |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 05/05/2017 05/05/17 | For Sale | $194,900 | 0.0% | $73 / Sq Ft |
| 06/30/2015 06/30/15 | Rented | $1,375 | 0.0% | -- |
| 06/12/2015 06/12/15 | Under Contract | -- | -- | -- |
| 06/01/2015 06/01/15 | For Rent | $1,375 | +1.9% | -- |
| 08/30/2012 08/30/12 | Rented | $1,350 | 0.0% | -- |
| 08/27/2012 08/27/12 | Under Contract | -- | -- | -- |
| 08/01/2012 08/01/12 | For Rent | $1,350 | -- | -- |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,299 | $215,700 | $40,300 | $175,400 |
| 2022 | $2,214 | $197,800 | $40,300 | $157,500 |
| 2021 | $2,008 | $180,700 | $40,300 | $140,400 |
| 2020 | $1,892 | $173,800 | $40,300 | $133,500 |
| 2019 | $1,884 | $173,800 | $40,300 | $133,500 |
| 2018 | $2,245 | $204,100 | $40,300 | $163,800 |
| 2017 | $4,036 | $182,100 | $40,300 | $141,800 |
| 2016 | $3,290 | $150,600 | $40,300 | $110,300 |
| 2014 | $2,994 | $143,900 | $40,300 | $103,600 |
| 2013 | $3,117 | $150,000 | $40,300 | $109,700 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2018
Bill Gething
RE/MAX
-
Amanda Blackburn
Buyer's Agent in 2018
Amanda Blackburn
North Eastern Group Realty
(260) 715-1115
154 Total Sales
-
L
Seller's Agent in 2015
Lynn Generette-Haffner
CENTURY 21 Bradley Realty, Inc
(260) 399-1177
Map
Source: Indiana Regional MLS
MLS Number: 201719501
APN: 02-12-07-481-007.000-074
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