$145,000
SOLD JUL 30, 2025

70 N Chestnut St Jefferson, OH 44047

4 Beds
2.5 Baths
3,078 Sq Ft
3,615 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • Neighborhood Views
  • Baseboard Heating
  • 1-minute walk to Ashtabula County Metroparks
  • Double Pane Windows
  • West Facing Home

About This Home

As of July 2025

Have you been waiting for your next income property, or the chance to help pay your mortgage with your rental income? Here it is! This duplex with a bonus office space is an excellent opportunity. The interior has been remodeled and is completely move in ready - whether you move into the 2nd floor unit and continue renting the lower level, or you simply lease out the whole building. 1st floor tenant currently pays $760/month which includes a contribution to water/sewer/trash. Tenant pays their own electric & gas. A stove and refrigerator are included for each unit, the 1st floor new in 2022 & 2nd floor this year. The front office/retail space has its own half bathroom & would make a nice rental for a small business. See this one right away!

Last Agent to Sell the Property

Shawni Marich

Platinum Real Estate Brokerage Email: shawni@thenovellagroup.com 440-812-9493 License #2016001879 Listed on: 05/31/2025

Last Buyer's Agent

John Sill

RE/MAX Innovations License #2011001788

RE/MAX Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1860

Lot Details

  • 3,615 Sq Ft Lot
  • West Facing Home

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • Village/Jefferson Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 260340007400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1860
  • Attribution Contact: shawni@thenovellagroup.com 440-812-9493
  • Reso View: Neighborhood
  • Subdivision Name: Village/Jefferson
  • Above Grade Finished Sq Ft: 3078.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.083
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved

Utilities

  • LaundryFeatures: In Unit, Other
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Jefferson Area LSD - 406

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 260340007400

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Musgrave Matthew W and Musgrave Tina C
Bought by
Chismar Joel
Current Estimated Value
$146,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,875
Outstanding Balance
$46,432
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$99,946

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 1, 2018
Sold by
Congdon Thomas J and Congdon Rebecca A
Bought by
Musgrave Matthew W and Musgrave Tina C
Seller's Agent
Raegan Hagerdon
Assured Real Estate
Buyer's Agent
Tara Dean
HomeSmart Real Estate Momentum LLC
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
May 7, 2002
Sold by
Cunningham William
Bought by
Congdon Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2000
Sold by
Brown John R
Bought by
Cunningham William W and Cunningham Kathleen A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,500 Title Professional Group Ltd
Warranty Deed $67,000 Chicago Title
Deed $75,000 --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,875 New Conventional
Previous Owner $60,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2025 07/30/25 Sold $145,000 -6.5% $47 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
05/31/2025 05/31/25 For Sale $155,000 +131.3% $50 / Sq Ft
05/02/2018 05/02/18 Sold $67,000 -4.1% -- View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $69,900 -- --
Source: MLS Now

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 $2,191 $25,170 $6,830 $18,340
2023 $1,691 $25,170 $6,830 $18,340
2022 $1,661 $25,170 $6,830 $18,340
2021 $1,614 $25,170 $6,830 $18,340
2020 $1,613 $25,170 $6,830 $18,340
2019 $1,758 $26,610 $6,970 $19,640
2018 $1,699 $26,610 $6,970 $19,640
2017 $1,684 $26,610 $6,970 $19,640
2016 $1,694 $26,610 $6,970 $19,640
2015 $1,663 $26,610 $6,970 $19,640
2014 $1,612 $26,610 $6,970 $19,640
2013 $1,759 $26,950 $7,980 $18,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5127696

MLS Now

APN: 260340007400