NOT LISTED FOR SALE

3065 Morsetowne Ct N Unit 3065 Columbus, OH 43224

Walnut Creek Neighborhood

Estimated Value: $74,000 - $100,000

2 Beds
1 Bath
896 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $470,000 $525 Per Sq Ft

Current estimated payment $614/month

3 Days on Market

About This Home

As of March 2018

11 Units. Seller has spent the past 10+ years acquiring these condos. With an eye toward cash flow, these 11 units were selected for their ease of tenant procurement, location and financial opportunity. Each unit is a 2 bedroom, 1 bath townhouse with a fenced patio.

Last Agent to Sell the Property

Craig Balster

Keller Williams Greater Cols License #2011000823 Listed on: 02/24/2018

Keller Williams Greater Cols

Last Buyer's Agent

Bryan Jarrett

Keller Williams Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1972

Lot Details

  • 436 Sq Ft Lot
  • Additional Parcels

Parking

  • Off-Street Parking: 1

Home Design

  • 896 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-185245

Community Details

Overview

  • 11 Units

Building Details

  • Operating Expense $44,000
  • Gross Income $85,200
  • Net Operating Income $41,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$625

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1972
  • Tax Year: 2017
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.01
  • Total Gross Income: 85200.0
  • Co List Office Phone: 614-392-5000
  • MLS Status: Closed
  • Subdivision Name: Brentwood Condominiums
  • Income Expenses Gross Income: 85200.0
  • Annual Expenses: 44000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 896.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 150.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-185245
  • Lot Size Sq Ft: 435.6
  • Additional Parcels Description: 010-185246-00, 010-185248-00, 010-185252-00, 010-185254-00, 010-185270-00, 010-185285-00, 010-185296-00, 010-185297-00, 010-185299-00, 010-185305-00
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 11
  • Net Operating Income: 41200.0
  • Annual Operating Expense: 44000.0

Tax Info

  • Tax Annual Amount: 625.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Mar 15, 2018
Sold by
Crissinger Jon and Crissinger Jon M
Bought by
Morestown Properties Llc
Seller's Agent
Craig Balster
Keller Williams Greater Cols
Buyer's Agent
Bryan Jarrett
Keller Williams Consultants
List Price
$484,000
Sold Price
$470,000
Premium/Discount to List
-$14,000
-2.89%
Total Days on Market
3
Current Estimated Value
$88,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$381,939
Avg. Annual Appreciation
-20.52%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Printup David L and Brentwood Condominium Assn
Bought by
Crissinger Jon

Purchase Details

Closed on
Sep 29, 2000
Sold by
Lane Michelle A
Bought by
Printup David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
7.91%

Purchase Details

Closed on
Nov 6, 1991
Bought by
Lane Michelle A

Purchase Details

Closed on
Oct 1, 1980
Source: Public Records

Range of Values:

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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
Morestown Properties Llc $410,000 None Available
Crissinger Jon $10,200 None Available
Printup David L $26,000 Chicago Title
Lane Michelle A $27,900 --
-- $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crissinger Jon M $16,500
Previous Owner Printup David L $18,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $470,000 -2.9% $525 / Sq Ft
02/22/2018 02/22/18 For Sale $484,000 -- $540 / Sq Ft
Source: Columbus and Central Ohio 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 $1,433 $20,930 $2,450 $18,480
2023 $947 $20,930 $2,450 $18,480
2022 $661 $12,430 $1,400 $11,030
2021 $662 $12,430 $1,400 $11,030
2020 $663 $12,430 $1,400 $11,030
2019 $625 $12,430 $1,400 $11,030
2018 $540 $10,050 $1,400 $8,650
2017 $562 $10,050 $1,400 $8,650
2016 $500 $7,360 $1,230 $6,130
2015 $455 $7,360 $1,230 $6,130
2014 $456 $7,360 $1,230 $6,130
2013 $315 $8,645 $1,435 $7,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218005062

Columbus and Central Ohio Regional MLS

APN: 010-185245