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Sold for $52,500 on 01/17/25
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  • $52,500

    502 Chestnut Ave, Springfield, OH 45503

    3beds
    1,372sqft
    SingleFamily
    Built in 1871
    5,183 Square Feet Lot
    $124,000 Zestimate®
    $38/sqft
    $1,300 Estimated rent

    Home value

    $124,000

    $98,000 - $148,000

    $1,300/mo

    Zestimate® history
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    $1,300/mo

    Rent Zestimate®

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    $272/mo

    Est. payment

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    $272/mo

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    What's special

    For Sale – Rent-to-Own Option Available Address: 502 Chestnut Ave, Springfield, Ohio Details: Size: 1,372 sq ft Bedrooms: 3 (Includes a large first-floor master bedroom with double closets) Bathrooms: 1 Garage: Spacious detached garage with electric Asking Price: $60,000 OBO (Offers Accepted) After Repair Value (ARV): $80,000 Features: Furnace replaced: April 2024 Current Rental Income: $2,000/month (as a shared living home) Potential Rental Income: $1,000/month (as a single-family rental) This charming home offers a spacious detached garage with electric, perfect for storage or projects. With a newly replaced furnace (April 2024), this property is move-in ready. The large first-floor master bedroom with double closets adds to its appeal. Application Fee$50 Rental Link:https://tenant.rentredi.com/getStarted/application/ULD412 Ideal for investors or families, the home offers a rent-to-own option, making it an excellent opportunity for those looking to own their dream home. Contact for more details or to make an offer!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Laminate
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,372 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl, Wood
    Lot
    • Size: 5,183 sqft
    Details
    • Parcel number: 3400700035401020

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Metal
    • Foundation: Crawl/Raised
    Condition
    • Year built: 1871

    Community & neighborhood

    Location
    • Region: Springfield

    Other

    Other facts
    • Basement \ Unfinished
    • Construction Type \ Aluminum
    • Construction Type \ Frame
    • Garage \ Detached
    • Heating \ Natural Gas
    • Last Change Type \ New Listing
    • Legal Description \ THOMAS & MASTS S W PT 1425
    • Levels \ 1.5 Story
    • Lot Size Source \ Assessor's Data
    • MLS Listing ID: 874637
    • MLS Name: Dayton Area Broker feed (Dayton Area Broker feed)
    • Parcel Number \ 3400700035401020
    • Property Type \ Rental
    • School District: Springfield
    • Zoning \ Residential

    Price history

    DateEventPrice
    1/17/2025Sold$52,500-12.5%$38/sqft
    Source: Public Record
    12/20/2024Pending sale$60,000$44/sqft
    Source: Owner
    11/26/2024Price change$60,000-14.3%$44/sqft
    Source: Owner
    11/15/2024Listed for sale$70,000+236.5%$51/sqft
    Source: Owner
    6/18/2024Listed for rent$550-40.5%
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2024$917 +2.6%$18,090
    2023$894 -2.4%$18,090
    2022$915 +22.6%$18,090 +33.1%

    Find assessor info on the county website

    Neighborhood: 45503

    Nearby schools

    GreatSchools rating
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    $124,000
    2% more+ $2,480
    With Zillow Showcase(estimated)
    $126,480