NOT LISTED FOR SALE

1010 Old Logan Rd Lancaster, OH 43130

Estimated Value: $453,000

-- Bed
-- Bath
8,081 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $282,560 $35 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,690/month

10 Days on Market

About This Home

As of November 2019

Bring all investors! This is an awesome opportunity to buy a great building with 4 - 1 bedroom apartments, 2- efficiency apartments with tons of updates and one beautifully remodeled 2 bedroom apartment, a clubhouse area and a massive garage space under the building. Not to mention the 2 mobile home lots at the rear of the property. So much opportunity for cash flow just waiting for the right investor!!!

Last Agent to Sell the Property

Gary Mader

Rise Realty Listed on: 09/12/2019

Co-Listed By

Audrey Barr

CRT, Realtors License #2022000998

Last Buyer's Agent

Amanda Allgood

e-Merge Real Estate License #2018000774

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 8,081 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Parking

  • 15 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Available

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 05-46287-200

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $12,912
  • Gross Income $48,300
  • Net Operating Income $35,388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,738

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.21
  • Total Gross Income: 48300.0
  • Co List Office Mls Id: 10721
  • Co List Office Phone: 740-654-5552
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • Income Expenses Gross Income: 48300.0
  • Annual Expenses: 12912.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 8081.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: 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:Frame: Yes
  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 15.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: BERNE UNION LSD 2302 FAI CO.

Lot Info

  • Parcel Number: 05-46287-200
  • Lot Size Sq Ft: 9147.6
  • Additional Parcels Description: 0546287300 and 0546287400
  • Zoning Description: Mixed

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Monthly Rent (Other): 700.0
  • Number Of Units Total: 7
  • Net Operating Income: 35388.0
  • Annual Operating Expense: 12912.0

Tax Info

  • Tax Annual Amount: 1738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 20, 2019
Sold by
Hayes Russell R
Bought by
Able Gable Enterprises Llc
Seller's Agent
Gary Mader
Rise Realty
Buyer's Agent
Amanda Allgood
e-Merge Real Estate
List Price
$285,000
Sold Price
$282,560
Premium/Discount to List
-$2,440
-0.86%
Current Estimated Value
$453,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,440
Original Mortgage
$213,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2014
Sold by
Hayes Mindy S
Bought by
Hayes Russell R

Purchase Details

Closed on
Sep 25, 2007
Sold by
The Community Bank
Bought by
Hayes Russell R and Hayes Mindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,100
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2007
Sold by
Stukey Richard G and Stukey Margaret J
Bought by
The Community Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,100
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2002
Sold by
Pupek Richard
Bought by
Stukey Richard G and Stukey Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 1993
Sold by
Banta Betty
Bought by
Pupek Richard
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 Buyer Sale Price Title Company
Able Gable Enterprises Llc $282,600 Valmer Land Title Agency Box
Hayes Russell R -- Northwest Title Family Of Co
Hayes Russell R $72,000 Cbi Title Agency
The Community Bank $60,000 None Available
Stukey Richard G $194,000 --
Pupek Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Able Gable Enterprises Llc $213,750
Previous Owner Hayes Russell R $96,100
Previous Owner Stukey Richard G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $282,560 -0.9% $35 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $285,000 -- $35 / 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 $3,539 $54,700 $3,020 $51,680
2023 $2,383 $54,700 $3,020 $51,680
2022 $2,372 $54,700 $3,020 $51,680
2021 $2,397 $54,700 $3,020 $51,680
2020 $845 $54,700 $3,020 $51,680
2019 $845 $19,240 $3,020 $16,220
2018 $1,732 $25,770 $9,550 $16,220
2017 $1,725 $42,880 $9,550 $33,330
2016 $1,676 $42,880 $9,550 $33,330
2015 $1,679 $42,880 $9,550 $33,330
2014 $1,595 $42,880 $9,550 $33,330
2013 $1,595 $42,880 $9,550 $33,330
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gary Mader

    Rise Realty

  • Audrey Barr

    Seller Co-Listing Agent in 2019

    Audrey Barr

    CRT, Realtors

    (740) 974-2973

    34 in this area

    97 Total Sales

    Audrey Barr
    Section Image
  • Amanda Allgood

    Buyer's Agent in 2019

    Amanda Allgood

    E-Merge

    (614) 290-8215

    5 in this area

    166 Total Sales

    Amanda Allgood
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219034429

Columbus and Central Ohio Regional MLS

APN: 05-46287-200

Ohio Fairfield County Lancaster 43130

1010 Old Logan Rd, Lancaster, OH

This home is located at 1010 Old Logan Rd, Lancaster, OH 43130 since 12 September 2019 and is currently priced at $453,000, approximately $56 per square foot. This property was built in 1900. 1010 Old Logan Rd is a home located in Fairfield County with nearby schools including Thomas Ewing Junior High School, Lancaster High School, and St Mary Elementary 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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