Yes, you need to file the FBAR if the value of the deposit was in excess of $10,000. This requirement holds true if this amount is exceeded for a single day in the year, and applies in the aggregate. You should also report every foreign account you had during the year.
File form 8949 to report the sale of the property. If you had a loss, it may save you money!
US citizens living in the US are also required to file Form 8398 if the account held more than $75,000 USD equivalent at any time during the year (this amount is $150,000 if you file a joint return with your spouse.)
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