NOT LISTED FOR SALE

505-507 Chestnut Ave Springfield, OH 45503

Springfield Area

Estimated Value: $85,000 - $197,000

5 Beds
3.5 Baths
3,180 Sq Ft
$44/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2022

Last sale price $75,000 $24 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $814 / mo

Highlights

  • Contemporary Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Porch

About This Home

As of August 2022

This home is located at 505-507 Chestnut Ave, Springfield, OH 45503 since 07 July 2022 and is currently estimated at $140,769, approximately $44 per square foot. This property was built in 1891. 505-507 Chestnut Ave is a home located in Clark County with nearby schools including Lagonda Elementary School, Roosevelt Middle School, and Springfield High School.

Last Agent to Sell the Property

Lula Cosby

Coldwell Banker Heritage License #413216 Listed on: 07/07/2022

Coldwell Banker Heritage

Last Buyer's Agent

Lula Cosby

Link-Hellmuth License #413216

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1891

Lot Details

  • 7,013

Parking

  • No Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 3,180 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 52x135

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700035405002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$362

Year Built

Built in 1891

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Contemporary
  • Level Style: Side by Side, Two
  • Semi-Annual Tax: 181.00
  • Year Built: 1891
  • Documents: Lead Based Paint Disclosure, Property Disclosure
  • Listing I D: 1019624
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Three Bedrooms: 4
  • Units Rooms Gross Monthly Rent: 750.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Inside Features: Wood Floors
  • Price/ Sq Ft: 23.58
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Square Footage: 3180.00

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Outside Features: Porch

Garage/Parking

  • Garage: No Garage

Utilities

  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected, Separate Meters, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Lot Dimensions: 52x135
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700035405002

Tax Info

  • Tax Year: 2021

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 5, 2022
Sold by
Najos Martindale and Najos Mila
Bought by
Seller's Agent
Lula Cosby
Coldwell Banker Heritage
Buyer's Agent
Lula Cosby
Coldwell Banker Heritage
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$140,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,769
Avg. Annual Appreciation
16.60%
Original Mortgage
$56,250
Outstanding Balance
$53,266
Interest Rate
5.81%
Mortgage Type
Balloon
Estimated Equity
$87,503
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Springfield, OH

  • Jason Gelhar Real Estate Agent - Howard Hanna Real Estate Serv

    Jason Gelhar

    Responds Quickly

    Howard Hanna Real Estate Serv

    (937) 930-3608

    83 Total Sales

    2 in Springfield

    $110K - $127K Price Range

    Jason Gelhar
     Section Image
  • Todd Broomhall Real Estate Agent - Keller Williams Home Town Rlty

    Todd Broomhall

    Keller Williams Home Town Rlty

    (937) 800-4210

    266 Total Sales

    2 in Springfield

    $155,000 Price Range

    Todd Broomhall
     Section Image
  • John Crain Real Estate Agent - Howard Hanna Real Estate Services

    John Crain

    Howard Hanna Real Estate Services

    (937) 403-9673

    185 Total Sales

    30 in Springfield

    $22K - $348K Price Range

    John Crain
     Section Image
  • Letisha Parks Real Estate Agent - EXP Realty, LLC

    Letisha Parks

    EXP Realty, LLC

    (833) 991-4546

    28 Total Sales

    1 in Springfield

    $165,000 Price

    Letisha Parks
     Section Image
  • James Gullett Real Estate Agent - Coldwell Banker Heritage

    James Gullett

    Coldwell Banker Heritage

    (513) 301-1716

    50 Total Sales

    23 in Springfield

    $34K - $255K Price Range

    James Gullett
     Section Image
  • Kelli McKinney Real Estate Agent - Choice Properties Real Estate

    Kelli McKinney

    Choice Properties Real Estate

    (567) 371-7176

    59 Total Sales

    1 in Springfield

    $347,000 Price

    Kelli McKinney
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$75,000 Cole Acton Harmon Dunn
Legacy Investments And Realty Llc -- Cole Acton Harmon Dunn
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $56,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $75,000 0.0% $24 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $75,000 -- $24 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $451 $25,620 $2,650 $22,970
2024 $440 $8,900 $2,560 $6,340
2023 $440 $8,900 $2,560 $6,340
2022 $450 $8,900 $2,560 $6,340
2021 $362 $6,590 $1,890 $4,700
2020 $363 $6,590 $1,890 $4,700
2019 $364 $6,590 $1,890 $4,700
2018 $503 $8,750 $1,890 $6,860
2017 $503 $13,766 $1,894 $11,872
2016 $504 $13,766 $1,894 $11,872
2015 $514 $13,332 $1,894 $11,438
2014 $511 $13,332 $1,894 $11,438
2013 $771 $13,332 $1,894 $11,438
Source: Public Records

Agents Affiliated with this Home

  • Lula Cosby Real Estate Agent - Coldwell Banker Heritage

    Seller's Agent in 2022

    Lula Cosby

    Coldwell Banker Heritage

    (937) 206-1836

    65 Total Sales

    Lula Cosby
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1019624

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03540-5002

Ohio Clark County Springfield 45503

505-507 Chestnut Ave, Springfield, OH

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.

Western Regional Information Systems & Technology (WRIST) 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.

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