NOT LISTED FOR SALE

5868 Morrissey St Unit 5868A Columbus, OH 43232

Walnut Heights Neighborhood

Estimated Value: $214,000 - $240,000

3 Beds
2 Baths
2,028 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $375,000 $185 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,501/month

249 Days on Market

About This Home

As of July 2020

Four Townhomes for sale.
5940 Morrissey Street, Chatteron Commons 3BR
5868 Morrissey Street, Chatterton Commons 3BR
4296 Coble Bowman, Shannon Village 2BR
4225 Bowman Meadow, Shannon Village 2BR
See attached rent roll
The 3BR have 2 car garage and lease for $1222.50 average monthly
The 2BRs have 1 car garage and lease for $950 average monthly
RE Taxes total approx $7022 per year and Condo fees are approx $7200 per year. Owner would then pay for interior repair items.
Owner pays all taxes , condo fees and interior maintenance. Tenants pay utilities.
These are individual condos leased and ready to sell individually or as a package. 3BR price @ $127,000 and 2BR price @ $94000Please do not disturb tenants. Contingent curbside offering required before showing.

Last Agent to Sell the Property

Thomas Fortin

Thomas Fortin & Company LLC. License #2007003846 Listed on: 04/02/2020

Last Buyer's Agent

Thomas Fortin

Thomas Fortin & Company LLC. License #2007003846 Listed on: 04/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 2007

Lot Details

  • 871

Parking

  • Garage

Home Design

  • 2,028 Sq Ft Home
  • Vinyl Siding

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 871 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 530-286107

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $16,000
  • Gross Income $52,140
  • Net Operating Income $36,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,502

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2007
  • Tax Year: 2019
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.02
  • Total Gross Income: 52140.0
  • Professional Management Expense: 7200.0
  • Co List Office Phone: 614-348-7876
  • MLS Status: Closed
  • Subdivision Name: Chatterton Commons and Shannon Village
  • Income Expenses Gross Income: 52140.0
  • Annual Expenses: 16000.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2028.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features 1 Car Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.0

Schools

  • Junior High Dist: GROVEPORT MADISON LSD 2507 FRA CO.

Lot Info

  • Parcel Number: 530-286107
  • Lot Size Sq Ft: 871.2
  • Additional Parcels Description: 530-287869-00 010-287810-00 010-286503-00 Owner pays all taxes , condo fees and interior maintenance. Tenants pay utilities.

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 36140.0
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 1502.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jul 24, 2020
Sold by
Qmi Inc
Bought by
Cao Qizhi
Seller's Agent
Thomas Fortin
Thomas Fortin & Company LLC.
Buyer's Agent
Thomas Fortin
Thomas Fortin & Company LLC.
List Price
$516,000
Sold Price
$375,000
Premium/Discount to List
-$141,000
-27.33%
Current Estimated Value
$228,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,110
Avg. Annual Appreciation
-9.40%
Original Mortgage
$281,250
Outstanding Balance
$207,286
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$20,237

Purchase Details

Closed on
Dec 30, 2014
Sold by
Maronda Home Of Ohio Inc
Bought by
Qmi Inc
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
Cao Qizhi $187,500 Crown Search Services
Qmi Inc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Qizhi $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $375,000 -11.1% $185 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $422,000 -18.2% $208 / Sq Ft
04/02/2020 04/02/20 For Sale $516,000 0.0% $254 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $516,000 0.0% $254 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $516,000 0.0% $254 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $516,000 -- $254 / 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 $3,047 $70,210 $8,750 $61,460
2023 $3,019 $70,210 $8,750 $61,460
2022 $1,925 $37,240 $4,060 $33,180
2021 $1,931 $37,240 $4,060 $33,180
2020 $1,934 $37,240 $4,060 $33,180
2019 $1,492 $25,690 $2,800 $22,890
2018 $751 $25,690 $2,800 $22,890
2017 $1,507 $25,690 $2,800 $22,890
2016 $1,833 $28,560 $4,340 $24,220
2015 $926 $28,560 $4,340 $24,220
2014 $1,874 $28,560 $4,340 $24,220
2013 $1,034 $35,700 $5,425 $30,275
Source: Public Records

Agents Affiliated with this Home

  • Thomas Fortin

    Seller's Agent in 2020

    Thomas Fortin

    Thomas Fortin & Company LLC.

    (614) 348-7876

    19 Total Sales

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219036846

Columbus and Central Ohio Regional MLS

APN: 530-286107

Ohio Franklin County Columbus 43232 Walnut Heights

5868 Morrissey St Unit 5868A, Columbus, OH

This home is located at 5868 Morrissey St Unit 5868A, Columbus, OH 43232 since 02 April 2020 and is currently estimated at $231,522, approximately $114 per square foot. This property was built in 2007. 5868 Morrissey St Unit 5868A is a home located in Franklin County with nearby schools including Groveport Madison High School, A+ Arts Academy, and Eastland Preparatory Academy.

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