NOT LISTED FOR SALE

238 Chestnut Ave Unit 240 Springfield, OH 45503

Estimated Value: $79,000 - $129,000

4 Beds
2 Baths
2,072 Sq Ft
$50/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $89,900 $43 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $630/month

118 Days on Market

About This Home

As of August 2022

LAND CONTRACT AN OPTION
Both sides vacant and ready for immediate occupancy! Incredible investment opportunity! Move-in ready and currently cash flowing multi-family unit with four bedrooms and two bathrooms split as a three-bedroom one bathroom unit and a studio one bedroom one bathroom unit. Oversized detached garage with two parking spaces in the rear for convenient off-street parking. Be sure to schedule a showing as soon as possible to begin your investment portfolio today!

Last Agent to Sell the Property

Arthur Solomon

Coldwell Banker Heritage License #2014003166 Listed on: 07/27/2022

Coldwell Banker Heritage

Last Buyer's Agent

Arthur Solomon

Coldwell Banker Heritage Roediger

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1871

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,072 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 3400700035225025

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $400
  • Gross Income $500
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$854

Year Built

Built in 1871

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1871
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 500.0
  • Co List Office Phone: 937-429-4500
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 42.95
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 500.0
  • Annual Expenses: 400.0
  • General Property Info Building Sq Ft: 2072.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Detached Garage2: Yes

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400700035225025
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 500.0
  • Annual Operating Expense: 400.0

Tax Info

  • Tax Annual Amount: 854.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2017
Sold by
Childrens Rescue Center Inc
Bought by
Semchishin Aleksandr
Current Estimated Value
$103,929

Purchase Details

Closed on
Aug 12, 2005
Sold by
Lagos James H and Cox Ellen Mercedith
Bought by
Childrens Rescue Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Semchishin Aleksandr $13,000 Great Aiierican Title Agency
Childrens Rescue Center Inc $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childrens Rescue Center Inc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Price Changed $89,000 -1.0% $43 / Sq Ft
08/29/2022 08/29/22 Sold $89,900 +1.0% $43 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $89,000 -10.9% $43 / Sq Ft
07/01/2022 07/01/22 For Sale $99,900 0.0% $48 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $99,900 0.0% $48 / Sq Ft
06/01/2022 06/01/22 Price Changed $99,900 +11.1% $48 / Sq Ft
05/24/2022 05/24/22 Off Market $89,900 -- --
05/06/2022 05/06/22 For Sale $104,900 0.0% $51 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $104,900 -- $51 / 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
2025 $1,044 $31,020 $2,660 $28,360
2024 $1,017 $21,100 $2,570 $18,530
2023 $1,017 $21,100 $2,570 $18,530
2022 $1,324 $21,100 $2,570 $18,530
2021 $854 $15,980 $1,900 $14,080
2020 $856 $15,980 $1,900 $14,080
2019 $858 $15,980 $1,900 $14,080
2018 $805 $14,390 $1,900 $12,490
2017 $804 $14,389 $1,901 $12,488
2016 $805 $14,389 $1,901 $12,488
2015 $799 $14,001 $1,901 $12,100
2014 $795 $14,001 $1,901 $12,100
2013 $524 $14,001 $1,901 $12,100
Source: Public Records

Agents Affiliated with this Home

  • Arthur Solomon

    Seller's Agent in 2022

    Arthur Solomon

    Coldwell Banker Heritage

    (937) 631-5562

    225 in this area

    414 Total Sales

    Arthur Solomon
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222010462

Columbus and Central Ohio Regional MLS

APN: 34-00700-03522-5025

Ohio Clark County Springfield 45503

238 Chestnut Ave Unit 240, Springfield, OH

Not Listed for Sale

MultiFamily

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