NOT LISTED FOR SALE

9329 Colchester Terrace Unit 4 Fort Wayne, IN 46825

Northwest Fort Wayne Neighborhood

Estimated Value: $340,000 - $375,000

0.16 Acre
$2,252,756 Price per Acre
6,890 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $57,900

Est. 516% increase in value since last sale

Current estimated payment $2,415/month

1,743 Days on Market

About This Lot

As of April 2021

Stone Gate Villas 55 and over villa community located close to Parkview YMCA and Pufferbelly Trail. It is in the heart of Northwest Fort Wayne, yet it feels like you are enjoying quiet country living! Dues include:Entrance and pond maintence. Common area mowing, fertilize, mulch and prune. Assocation Insurance. Entrance light electricity, common area street snow removal, lawn mowing, snow plowing of driveway and sidewalk over 2" of snow. Fertilize 2 times a year, spring clean up of garden beds and pruning.

Last Agent to Sell the Property

Kimberly Ward

North Eastern Group Realty Listed on: 04/20/2016

North Eastern Group Realty

Last Buyer's Agent

Kimberly Ward

North Eastern Group Realty Listed on: 04/20/2016

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,753

Lot Details

  • 6,890 Sq Ft Lot
  • Lot Dimensions are 53 x 130
  • Property fronts an easement
  • Finished Lot(s)

HOA Fees

  • $160 Monthly HOA Fees

Utilities

  • Heating System Uses Gas

Property Details

Property Type

Land

Est. Annual Taxes

$3,753

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 4 Stone Gate Villas, Section I |
  • Cross Street: West Till Road
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Paved
  • Section Number: I
  • Sp Lp Percent: 107.42
  • Parcel Description: Cul-De-Sac, Level
  • Restrictions: Restrictions, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

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

Condo/Co-op/Association

  • Association Fees: 160
  • Association Fees Frequency: Monthly

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington Center
  • Middle School: Shawnee
  • High School: Northrop

Lot Info

  • Lot Dimensions: 53 x 130
  • Estimated Lot Sq Ft: 6890
  • Estimated Lot Size Acres: 0.1582
  • Lot Number: 4
  • Easements: Yes

Tax Info

  • Annual Taxes: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Apr 9, 2021
Sold by
Carriage Place Homes Inc
Bought by
Reeg Melvin E and Reeg Catherine S
Seller's Agent
Kimberly Ward
North Eastern Group Realty
Buyer's Agent
Kimberly Ward
North Eastern Group Realty
List Price
$51,900
Sold Price
$57,900
Premium/Discount to List
$6,000
11.56%
Total Days on Market
1743
Current Estimated Value
$356,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,486
Avg. Annual Appreciation
53.53%
Original Mortgage
$219,932
Outstanding Balance
$200,710
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$173,088

Purchase Details

Listed on
Apr 20, 2016
Closed on
Mar 31, 2021
Sold by
Qsw Development Corp
Bought by
Carriage Place Homes Inc
Seller's Agent
Kimberly Ward
North Eastern Group Realty
Buyer's Agent
Kimberly Ward
North Eastern Group Realty
List Price
$51,900
Sold Price
$57,900
Premium/Discount to List
$6,000
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,932
Outstanding Balance
$200,710
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$173,088
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
Reeg Melvin E $274,915 Metropolitan Title Of In Llc
Carriage Place Homes Inc $57,900 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeg Melvin E $219,932
Previous Owner Qsw Development Corp $1,280,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $57,900 +7.4% --
01/27/2021 01/27/21 Pending -- -- --
01/18/2020 01/18/20 Price Changed $53,900 +3.9% --
04/20/2016 04/20/16 For Sale $51,900 -- --
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 $3,753 $363,500 $51,200 $312,300
2023 $3,753 $327,300 $51,200 $276,100
2022 $3,192 $281,800 $51,200 $230,600
2021 $1,937 $174,300 $51,200 $123,100
2020 $21 $700 $700 $0
2019 $21 $700 $700 $0
2018 $22 $700 $700 $0
2017 $22 $700 $700 $0
2016 -- $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201616733

Indiana Regional MLS

APN: 02-07-02-301-002.011-073