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Parkview Northeast Condominiums *Status Report*

Posted by Mike Parsons
September 27, 2006 at 07:36 AM

parkview northeast.jpg
Parkview Northeast is a small condominium community built by Qualstan located off of Polaris Parkway close to Old State Rd. This area has performed well over the last few years for the following reasons:

1. Polaris is a high demand area close to most amenities(restaurants/shopping), many businesses are located in close proximity(Bank One Corporate, you know the mile long building down the street).

2. Due to the complexes small size, it seems to maintain a decent demand for well conditioned units.

3. Offers the cheapest real estate that can be bought in the Olentangy School District.

4. Parkview Northeast offers ranch(1 story) condos with huge full basements. Typically priced in the $135,000 to $145,000 range depending upon condition, sq. ft., and garage size. You can't find a ranch condo with a full basement anywhere close in a good area for under the $180,000's.

5. Perceived as a higher quality, newer, better maintained area than other condo complexes that are close to Polaris like Carriage Oaks, Worthington Woods, and Worthingglen that are located off Sancus.

6. The complex recently settled with it's insurance company on a hail damage settlement and will be getting new siding and roof that will make the complex look even better.

Drawbacks: No Club House or Pool. Also, the traffic can get a little heavy at times although this hasn't seemed to be too big of a factor for most residents.

I have prepared a status report on what is currently available, under contract, and sold since 1/1/2006.

Current condos for sale
776 Parkgrove Way Parkview Northeast 2 1/0 2 STORY OFF STREET $98,900
694 Parkbluff Way Parkview Northeast 2 1/1 2 STORY $106,000
9128 Parkbury Ln Parkview Northeast 2 2/1 2 STORY 1 CAR $119,900
9160 PARKPOINT LANE PARKVIEW NORTHEAST 2 2/1 2 STORY 1 CAR $121,900
703 PARKHURST PARKVIEW NORTHEAST 2 2/0 1 STORY 1 CAR $138,900
769 Parkgrove Way PARKVIEW 2 2/0 1 STORY 1 CAR $139,900
9126 Parkbury Ln Parkview Northeast 2 2/0 1 STORY 2 CAR $144,900

Under Contract 9131 Parkpoint Ln Parkview Northeast 2 1/1 2 STORY $79,000
Note* condo above is a HUD foreclosure and was bid out over list price and is currently under contract. It should also be noted that the condo needed significant repair and "smelled like an outhouse"-personal observation
Condos Sold since 1/1/2006
First price is the list price, second is the sold price

767 Parkgrove Way 2 1/1 2 STORY 1 CAR $114,900 $112,000 896 sq. ft.
9134 Parkbury Ln 2 2/0 1 STORY $120,000 $107,509 (HUD foreclosure, someone got a great deal)
9147 Parkpoint Ln 2 2/1 2 STORY 1 CAR $122,900 $120,450 1024 sq ft.
9142 Parkpoint Ln 2 1/1 2 STORY 1 CAR $126,000 $118,000 1024 sq ft.
721 Parkgrove Way 2 2/0 1 STORY 2 CAR $139,900 $138,000
9135 Parkpoint Ln 2 2/0 1 STORY 1 CAR $140,500 $140,500
9146 PARKBURY LN PARKVIEW 2 2/0 1 STORY 2 CAR $144,900 $140,000

If you have any questions or would like to see a condo for sale don't hesitate to call or email the Parsons Real Estate Group.

Comments

I really like the complex. Do you have any 2 beadroom ranch condominiums available? Also, what are the condo fees? Thanks

Posted by: Holly Richard | February 23, 2007 09:50 PM

Hi Holly, Thanks for the inquiry. There are currently no ranch condominiums on the market in Parkview. I have a listing that is scheduled to come around in a couple of months that is slightly under 1000 sq ft., not including a finished basement, and has a 1 car garage. 2 bedroom, 2 full baths. The condo fees for these units are in the low $140's per month. The owner will be relocating out of town in a few months. She is not looking to formerly put it on the market for another 2 months or so but she said she could be flexible with her move date if I had any interested buyers. These condos are going for around $140,000. She has made some nice updates and it is well conditioned. If you have any interest, I would be glad to tell you more about it. Thank you very much for visiting www.ParsonsRealestateGroup.com. Please let me know if you have any questions about any homes or condos in Columbus and I would be glad to help! Mike

Posted by: Mike Parsons | February 24, 2007 12:12 AM

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