$1,120,000
SOLD OCT 17, 2024

201 W 1st Ave Unit 203 Columbus, OH 43201

Victorian Village Neighborhood
-- Bed
-- Bath
3,752 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

7% Below List Price

101 Days on Market

About This Home

As of October 2024

This unique 3-unit property offers an exceptional investment opportunity in one of the most sought-after neighborhoods where multi-family properties are rare to find, in the heart of Victorian Village and the vibrant Short North.
The main house has been completely updated, seamlessly blending modern amenities with
historic charm. The first floor unit features 1 bed, 1 bath, while the second floor unit features 3 beds, 2 baths, and 2 floors of living space. Quartz counters in the kitchens and high grade LVP flooring throughout both units. Brand new 3 car garage with carriage house constructed in 2023, featuring 2 beds, 1 bath, & 1000 sqft. Fully leased through April 2025!

Last Agent to Sell the Property

Shane Coy

NextHome Experience License #2015004012 Listed on: 06/12/2024

NextHome Experience

Last Buyer's Agent

Lacey Wheeler

Red 1 Realty License #2014000586

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,504

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • 3,752 Sq Ft Home

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 010-041504

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $19,220
  • Gross Income $92,604
  • Net Operating Income $73,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,504

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1880
  • Tax Year: 2023
  • Lot Size Acres: 0.13
  • Total Gross Income: 92604.0
  • Co List Office Phone: 614-396-6900
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 92604.0
  • Annual Expenses: 19220.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3752.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-041504
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 73384.0
  • Annual Operating Expense: 19220.0

Tax Info

  • Tax Annual Amount: 8504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Oct 17, 2024
Sold by
Short North Ventures Llc
Bought by
Sequoiah Briseno Revocable Trust and Briseno
Seller's Agent
Shane Coy
NextHome Experience
Buyer's Agent
Lacey Wheeler
Red 1 Realty
List Price
$1,200,000
Sold Price
$1,120,000
Premium/Discount to List
-$80,000
-6.67%
Views
46
Current Estimated Value
$898,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,054
Avg. Annual Appreciation
-27.29%

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 16, 2020
Sold by
Cahill Michael C
Bought by
Short North Ventures Llc
Seller's Agent
Ken Wightman
BHHS American Realty Center
Buyer's Agent
Kevin Hart
Keller Williams Capital Ptnrs
List Price
$449,900
Sold Price
$477,000
Premium/Discount to List
$27,100
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.73%
Original Mortgage
$381,600
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2017
Closed on
Mar 2, 2018
Sold by
Finneran Mary T and Finneran Terry M
Bought by
Cahill Michael C
Seller's Agent
Bradley Bauer
Concierge Real Estate and Investment
Buyer's Agent
Cheryl Chapin
NextHome Experience
List Price
$439,000
Sold Price
$382,825
Premium/Discount to List
-$56,175
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$425,416
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1985

Purchase Details

Closed on
Apr 1, 1980
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,120,000 Title Connect Agency
Warranty Deed $477,000 Amerititle
Warranty Deed $382,900 None Available
Deed $51,000 --
Deed $36,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $294,250 Credit Line Revolving
Previous Owner $390,610 Credit Line Revolving
Previous Owner $78,560 Construction
Previous Owner $381,600 Commercial
Previous Owner $425,416 FHA
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $1,120,000 -2.6% $299 / Sq Ft
07/03/2024 07/03/24 Price Changed $1,150,000 -4.2% $307 / Sq Ft
06/12/2024 06/12/24 For Sale $1,200,000 +151.6% $320 / Sq Ft
06/16/2020 06/16/20 Sold $477,000 +6.0% $220 / Sq Ft
05/15/2020 05/15/20 For Sale $449,900 +17.5% $207 / Sq Ft
03/02/2018 03/02/18 Sold $382,825 -12.8% $176 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $439,000 -- $202 / 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 $12,599 $183,050 $77,000 $106,050
2023 $8,504 $182,735 $77,000 $105,735
2022 $16,244 $145,810 $41,860 $103,950
2021 $7,948 $145,810 $41,860 $103,950
2020 $7,650 $145,250 $41,860 $103,390
2019 $7,434 $121,030 $34,860 $86,170
2018 $6,484 $121,030 $34,860 $86,170
2017 $7,133 $121,030 $34,860 $86,170
2016 $6,836 $101,890 $30,660 $71,230
2015 $5,549 $90,970 $30,660 $60,310
2014 $5,562 $90,970 $30,660 $60,310
2013 $2,544 $82,705 $27,895 $54,810
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shane Coy

    NextHome Experience

    (614) 357-0434

    Section Image
  • Lacey Wheeler

    Buyer's Agent in 2024

    Lacey Wheeler

    Red 1 Realty

    (614) 530-7617

    12 in this area

    370 Total Sales

    Lacey Wheeler
    Section Image
  • Ken Wightman

    Seller's Agent in 2020

    Ken Wightman

    BHHS American Realty Center

    (614) 402-5335

    16 in this area

    51 Total Sales

    Ken Wightman
    Section Image
  • Kevin Hart

    Buyer's Agent in 2020

    Kevin Hart

    Keller Williams Capital Ptnrs

    (614) 571-1902

    347 Total Sales

    Kevin Hart
    Section Image

  • B

    Seller's Agent in 2018

    Bradley Bauer

    Concierge Real Estate and Investment

  • Cheryl Chapin

    Buyer's Agent in 2018

    Cheryl Chapin

    NextHome Experience

    (614) 499-9803

    95 Total Sales

    Cheryl Chapin
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224019021

Columbus and Central Ohio Regional MLS

APN: 010-041504

Ohio Franklin County Columbus 43201 Victorian Village

201 W 1st Ave Unit 203, Columbus, OH

This home is located at 201 W 1st Ave Unit 203, Columbus, OH 43201 and is currently priced at $1,120,000, approximately $298 per square foot. This property was built in 1880. 201 W 1st Ave Unit 203 is a home located in Franklin County with nearby schools including Hubbard Elementary School, Dominion Middle School, and Whetstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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