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!
Sold for $52,500
Street View
$52,500
502 Chestnut Ave, Springfield, OH 45503
3beds
1,372sqft
SingleFamily
Built in 1871
5,183 Square Feet Lot
$114,500 Zestimate®
$38/sqft
$1,333 Estimated rent
Home value
$114,500
$85,000 - $143,000
$1,333/mo
Zestimate® history
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$1,333/mo
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$1,333/mo
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$271/mo
Est. payment
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$271/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $52,500-12.5%$38/sqft |
Source: Public Record Report a problem | ||
| 12/20/2024 | Pending sale | $60,000$44/sqft |
Source: Owner Report a problem | ||
| 11/26/2024 | Price change | $60,000-14.3%$44/sqft |
Source: Owner Report a problem | ||
| 11/15/2024 | Listed for sale | $70,000+236.5%$51/sqft |
Source: Owner Report a problem | ||
| 6/18/2024 | Listed for rent | $550-40.5% |
Source: Zillow Rentals Report a problem | ||
| 11/8/2022 | Listing removed | -- |
Source: DABR MLS Report a problem | ||
| 10/1/2022 | Listed for rent | $925$1/sqft |
Source: DABR MLS #874637 Report a problem | ||
| 10/26/2021 | Sold | $20,800$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $917 +2.6% | $18,090 |
| 2023 | $894 -2.4% | $18,090 |
| 2022 | $915 +22.6% | $18,090 +33.1% |
| 2021 | $747 -0.2% | $13,590 |
| 2020 | $748 -52.4% | $13,590 |
| 2019 | $1,574 +44.8% | $13,590 +11.5% |
| 2018 | $1,087 | $12,190 +0% |
| 2017 | $1,087 +1029.3% | $12,187 |
| 2016 | $96 +9.2% | $12,187 +3% |
| 2015 | $88 | $11,834 |
| 2014 | $88 -49.3% | $11,834 |
| 2013 | $174 +218.3% | $11,834 +21.3% |
| 2012 | $55 -1.9% | $9,755 |
| 2011 | $56 +4.7% | $9,755 |
| 2010 | $53 -54.5% | $9,755 -12% |
| 2009 | $117 +2.9% | $11,089 |
| 2008 | $113 +1.3% | $11,089 |
| 2007 | $112 -77.5% | $11,089 -4.6% |
| 2006 | $497 +103.1% | $11,620 |
| 2005 | $245 -72.8% | $11,620 -0.1% |
| 2004 | $901 +13% | $11,630 +15% |
| 2003 | $797 -0.2% | $10,110 |
| 2002 | $799 +23.4% | $10,110 +22% |
| 2000 | $647 | $8,290 |
Find assessor info on the county website
Neighborhood: 45503
Nearby schools
GreatSchools rating
- 5/10Lagonda Elementary SchoolGrades: K-6Distance: 0.7 mi
- 4/10Roosevelt Middle SchoolGrades: 7-8Distance: 1.4 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$114,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$114,500
- Ohio
- Clark County
- Springfield
- 45503
- 502 Chestnut Ave
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