NOT LISTED FOR SALE

7130 Morse Rd New Albany, OH 43054

Estimated Value: $1,337,000 - $1,817,000

4 Beds
6 Baths
6,165 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $1,100,000 $178 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $13,436/month

39 Days on Market

Highlights

  • Deck
  • Stream or River on Lot
  • Main Floor Primary Bedroom
  • New Albany Primary School Rated A
  • Wooded Lot
  • Great Room

About This Home

As of April 2020

Fabulous custom home on 6.5 wooded acres w/stunning views of the winding creek just minutes from the heart of New Albany. Gorgeous farmhouse w/open expansive flrpln & a wall of windows overlooking the lrg private deck. Architectural excellence thru-out: open design includes spacious gourmet chefs kitchen w/luxury appls, eat in space w/built in seating & hearthrm w/fireplace. Perfect for family gatherings & entertaining. Expansive 1st flr owners suite offers serenity w/lrg spa bath & expansive custom walk-in closet w/built ins. Add'l luxury features incl: incredible 2 story great rm, beautiful dining rm, spacious family bedrms w/ensuite baths, 2nd flr office & rm to build a barn/out building. Recent updates incl: re-finished hardwood flrs, updated interior railings/spindles, exterior deck.

Last Agent to Sell the Property

Sandy Raines

Howard Hanna Real Estate Svcs Listed on: 03/06/2020

Co-Listed By

Marian Halliday

The Raines Group, Inc. License #2015002974

Last Buyer's Agent

Kathy Greenwell

Howard Hanna Real Estate Svcs License #414247

Howard Hanna Real Estate Svcs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,494

Year Built

  • Built in 1997

Lot Details

  • 6.16 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 6,165 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Great Room
  • Family Room
  • Home Security System
  • Electric Dryer Hookup
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Garden Bath

Outdoor Features

  • Stream or River on Lot
  • Deck

Farming

  • Pasture

Utilities

  • Humidifier
  • Central Air
  • Heating System Uses Propane
  • Water Filtration System
  • Well
  • Gas Water Heater

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 220-000635

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,494

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1997
  • Tax Year: 2019
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Fenced Pasture, Ravine Lot, Stream On Lot, Wooded
  • Lot Size Acres: 6.16
  • Co List Office Mls Id: 07635
  • Co List Office Phone: 614-855-8700
  • Co List Office Phone: 614-855-8700
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Electric Dryer Hookup, Electric Range, Garden/Soak Tub, Gas Water Heater, Humidifier, Refrigerator, Security System, Water Filtration System
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Gas Water Heater: Yes
  • Lot Characteristics Ravine Lot: Yes
  • Lot Characteristics Stream On Lot: Yes
  • Lot Characteristics Wooded: Yes
  • Foundation:Block: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Dryer Hookup: Yes
  • Interior Amenities Electric Range: Yes
  • Interior Amenities GardenSoak Tub: Yes
  • Interior Amenities Water Filtration System: Yes
  • Exterior:Wood Siding: Yes
  • Lot Characteristics Fenced Pasture: Yes
  • Interior Amenities Humidifier: Yes
  • Interior Amenities Security System: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 3
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 2
  • Basement: Walk-Out Access, Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Great Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Wood, Carpet, Ceramic/Porcelain
  • Main Level Bedrooms: 1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Basement Description:Walkout: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: NEW ALBANY PLAIN LSD 2508 FRA CO.

Lot Info

  • Parcel Number: 220-000635
  • Lot Size Sq Ft: 268329.6

Tax Info

  • Tax Annual Amount: 24493.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 30, 2020
Sold by
Monahan Kai and Monahan Kerry
Bought by
Elmaraghy Charles A and Elmaraghy Kathryn C
Seller's Agent
Sandy Raines
Howard Hanna Real Estate Svcs
Buyer's Agent
Kathy Greenwell
Howard Hanna Real Estate Svcs
List Price
$1,074,000
Sold Price
$1,100,000
Premium/Discount to List
$26,000
2.42%
Total Days on Market
39
Current Estimated Value
$1,672,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,643
Avg. Annual Appreciation
8.48%
Original Mortgage
$1,100,000
Outstanding Balance
$988,354
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$684,289

Purchase Details

Closed on
Dec 7, 2017
Sold by
Monahan Kai and Monahan Kerryr
Bought by
Franklin County Commissioners

Purchase Details

Closed on
Dec 17, 2015
Sold by
Monahan Kerry E and Monahan Kai V
Bought by
The Wildcat Trust

Purchase Details

Listed on
Apr 22, 2015
Closed on
May 2, 2015
Sold by
Braunstein Michael and Braunstein Anne F
Bought by
Monahan Kerry E and Monahan Kai V
Seller's Agent
Jane Kessler-Lennox
New Albany Realty, LTD
Buyer's Agent
Pamela Meige
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$955,000
Premium/Discount to List
-$244,000
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$811,750
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 1998
Sold by
Malley Development Company
Bought by
Braunstein Michael and Braunstein Anne F

Purchase Details

Closed on
May 29, 1998
Sold by
Port Lawrence Title Trust Company
Bought by
Malley Development Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.27%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Claggett Carolyn R
Bought by
Stahr Richard and Stuhr Tracy A
Source: Public Records

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Range of Values:

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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
Elmaraghy Charles A $1,100,000 Stewart Ttl Agcy Of Cols Ltd
Franklin County Commissioners $12,220 None Available
The Wildcat Trust -- Attorney
Monahan Kerry E $955,000 Stewart Title Agency
Braunstein Michael -- --
Malley Development Company $260,000 --
Stahr Richard $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmaraghy Charles A $1,100,000
Previous Owner Monahan Kai V $142,400
Previous Owner Monahan Kerry E $811,750
Previous Owner Braunstein Michael $750,000
Previous Owner Braunstein Michael $610,000
Previous Owner Braunstein Michael $200,000
Previous Owner Braunstein Michael $575,000
Previous Owner Braunstein Michael $50,000
Previous Owner Malley Development Company $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $1,100,000 +2.4% $178 / Sq Ft
03/06/2020 03/06/20 For Sale $1,074,000 +12.5% $174 / Sq Ft
05/08/2015 05/08/15 Sold $955,000 -20.4% $145 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $1,199,000 -- $182 / 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 $48,999 $535,750 $170,770 $364,980
2023 $30,948 $535,745 $170,765 $364,980
2022 $26,904 $358,830 $117,850 $240,980
2021 $25,862 $358,830 $117,850 $240,980
2020 $25,712 $358,830 $117,850 $240,980
2019 $24,494 $312,030 $102,480 $209,550
2018 $22,979 $318,580 $109,030 $209,550
2017 $23,150 $318,580 $109,030 $209,550
2016 $21,267 $250,670 $55,370 $195,300
2015 $21,248 $250,670 $55,370 $195,300
2014 $20,867 $250,670 $55,370 $195,300
2013 $10,198 $238,700 $52,710 $185,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220006911

Columbus and Central Ohio Regional MLS

APN: 220-000635