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Backup Offers

501 College Way, Urbana, OH, 43078

$229,900

Home List Price

$2,730*

Closing Credit

4 Bedrooms
2 Full Baths
2,563 SqFt
$90/SqFt
House

Location

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501 College Way, Urbana$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Two Car Garage
Attached Garage2 spaces
Year Built1900
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
FireplaceDecorative, Multiple
MLS #924599
Lot Size0.43 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 501 College Way

Nestled in the heart of Urbanas University District, surrounded by a collection of stately, historic homes, this timeless treasure has not graced the market in nearly 70 years. Overflowing with character and charm, this property is a dream come true for lovers of historic architecture. From the original hardwood floors and intricate woodwork to the ornate fireplace mantels and eccentric crown moldings, every corner of this home tells a story of its distinguished past. As you step into the grand foyer, spanning 27 feet, you are immediately attracted to the impressive staircase that serves as the centerpiece of the space. Above, fleur-de-lis crown molding adds a regal touch and continues seamlessly into the second-level grand hall. To your left, the foyer opens into an elegant living room, or parlor, featuring ornate gold crown molding and a stately fireplace with a mirrored mantel that reflects the rooms rich details. On the right, a second, oversized living room commands attention with a floor-to-ceiling bay window, built-in glass-front bookcases, and a second elaborate fireplace mantel. Double 15-lite glass French doors lead from this room into a sunroom, or breakfast room, boasting walls of windows that overlook the wooded backyard. The dining room is a masterpiece in its own right, showcasing a third fireplace and also breathtaking hand-painted wall murals inspired by Charles Dickens novels, with intricate detail that captures the imagination. Completing the main level are a functional kitchen, a full bath, and a screened-in patio with a built-in stone grill. Upstairs, the second level continues to impress with 3-4 spacious bedrooms and a bonus room that can be transformed into additional living space. Other features are the 2-car attached garage, partial basement and the close proximity to all the Downtown restaurants and shops. Bring your decorating ideas and journey into history making a perfect blend of elegance and character that rarely comes to market.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,563 SqFt

Listing Office:

  • Office Name: RE/MAX Alliance Realty
  • Office Phone: (937) 652-1100
  • Listing Agent: V Patrick Hamilton

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Decorative, Multiple

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two Car Garage

Virtual/3D Tour

  • Virtual Tour: 501 College Way
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Main Street (US Hwy 68) South of Downtown Urbana to West on Reynolds Street. Reynolds Street turns into College Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $2,832
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Urbana, OH.

Med. Sold Price

$202.5K

Med. Price/SqFt

$145

# of Sold Homes

8

501 College Way vs Urbana

11 DAYS ON ROCKET

$229,900

+$27.4K More

$90/SqFt

-$55 Less

KEY TAKEAWAY

This property is $27.4K more than the Median Sold Price and $55/SqFt less than other homes in Urbana, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DAYTON
  • MLS Number: #924599

Listing Office:

  • Office Name: RE/MAX Alliance Realty
  • Office Phone: (937) 652-1100
  • Listing Agent: V Patrick Hamilton

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,832$58,510
2019$2,798$58,510
2018$2,362$47,170
2017$2,346$47,177

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1703622
4
/10
  • Urbana Elementary School

  • 1673 S US Highway 68

  • 1.28 miles

  • Public District Grades PK-5

school-card-donut-1703623
5
/10
  • Rolling Hills Elementary School

  • 2613 Moorefield Rd

  • 7.71 miles

  • Public District Grades PK-5

school-card-donut-1703624
8
/10
  • West Liberty-Salem Elementary School

  • 7208 US Highway 68 N

  • 7.71 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,397. The majority of Urbana, OH residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 College Way

What is the listing price of this property?

The listing price of 501 College Way property is $229,900.

What type of property is this?

The property 501 College Way is a house located in Urbana, Ohio, 43078.

Is this property for sale now?

Accepting Backup Offers: 501 College Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,832 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 College Way has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 College Way is 2,563 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 College Way is 1900.

Rocket Homes›Ohio›Champaign County›Urbana›43078›501 College Way

This home is located at 501 College Way in Urbana, OH and zip code 43078. This 2,563 square foot home, which was built in 1900, sits on a 0.43 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $229,900.

In November 2024 more than 3 listings in Urbana, OH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Urbana, OH decreased by 13.3% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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