NOT LISTED FOR SALE

242 E 2nd St Logan, OH 43138

Estimated Value: $126,000 - $226,000

-- Bed
2 Baths
2,169 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $135,000 $62 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $955/month

11 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Central Elementary School Rated A-
  • 1-minute walk to Kachelmacher Park

About This Home

As of September 2024

This is a 2 unit building generating approximately $ 1500 per month income with room for increases. Building is professionally managed. Conveniently located to downtown Logan. Start making income the first day you own it. Rare business opportunity for someone that wants to start or continue with their rental business.

Last Agent to Sell the Property

Jacob Shamblin

Rise Realty License #2023000908 Listed on: 07/12/2024

Rise Realty

Co-Listed By

Roger Downour

Rise Realty License #2013000935

Last Buyer's Agent

Eric Duemmel

Rise Realty License #2013002702

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Home Design

  • 2,169 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 04-000443.0000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $150
  • Gross Income $1,500
  • Net Operating Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,336

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.25
  • Total Gross Income: 1500.0
  • Co List Office Mls Id: 10721
  • Co List Office Phone: 740-654-5552
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 1500.0
  • Annual Expenses: 150.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2169.0
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LOGAN HOCKING LSD 3701 HOC CO.

Lot Info

  • Parcel Number: 04-000443.0000
  • Lot Size Sq Ft: 10890.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1350.0
  • Annual Operating Expense: 150.0

Tax Info

  • Tax Annual Amount: 1336.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 6, 2024
Sold by
S E Ohio Property Management Llc
Bought by
Jerig Sean N and Voutyras Johanna N
Seller's Agent
Jacob Shamblin
Rise Realty
Buyer's Agent
Eric Duemmel
Rise Realty
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
22
Current Estimated Value
$159,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,890
Avg. Annual Appreciation
8.57%
Original Mortgage
$112,000
Outstanding Balance
$110,966
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$36,204

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 6, 2022
Sold by
Tansky Motors Inc
Bought by
Se Ohio Property Management Llc
Seller's Agent
Elaine Castor
Alice Montgomery Real Estate
Buyer's Agent
Roger Downour
Rise Realty
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.28%

Purchase Details

Closed on
Aug 29, 2007
Sold by
National City Bank
Bought by
Tansky Motors Inc
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
Jerig Sean N $135,000 Valmer Land Title
Se Ohio Property Management Llc $67,500 --
Tansky Motors Inc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerig Sean N $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $135,000 -3.5% $62 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $139,900 +107.3% $64 / Sq Ft
12/14/2022 12/14/22 Sold $67,500 -10.0% $31 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $75,000 -- $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 $1,336 $33,110 $13,580 $19,530
2023 $1,336 $33,110 $13,580 $19,530
2022 $1,338 $33,110 $13,580 $19,530
2021 $1,538 $35,280 $10,690 $24,590
2020 $1,539 $35,280 $10,690 $24,590
2019 $1,540 $35,280 $10,690 $24,590
2018 $1,071 $24,970 $9,230 $15,740
2017 $1,011 $24,970 $9,230 $15,740
2016 $1,004 $24,970 $9,230 $15,740
2015 $1,183 $28,350 $10,980 $17,370
2014 $1,183 $28,350 $10,980 $17,370
2013 $1,188 $28,350 $10,980 $17,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jacob Shamblin

    Rise Realty

    (740) 497-9210

    1 in this area

    6 Total Sales

    Jacob Shamblin
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Roger Downour

    Rise Realty

    (740) 243-7976

    2 in this area

    32 Total Sales

    Roger Downour
    Section Image
  • Eric Duemmel

    Buyer's Agent in 2024

    Eric Duemmel

    Rise Realty

    1 in this area

    55 Total Sales

    Eric Duemmel
    Section Image
  • Elaine Castor

    Seller's Agent in 2022

    Elaine Castor

    Alice Montgomery Real Estate

    11 in this area

    22 Total Sales

    Elaine Castor
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alice Montgomery

    Alice Montgomery Real Estate

    (740) 385-4623

    59 in this area

    135 Total Sales

    Alice Montgomery
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224023993

Columbus and Central Ohio Regional MLS

APN: 04-000443.0000

Ohio Hocking County Logan 43138

242 E 2nd St, Logan, OH

This home is located at 242 E 2nd St, Logan, OH 43138 since 12 July 2024 and is currently estimated at $159,890, approximately $73 per square foot. This property was built in 1900. 242 E 2nd St is a home located in Hocking County with nearby schools including Central Elementary School, St. John the Evangelist School, and Logan Christian 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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