505-507 Chestnut Ave
Springfield, OH 45503
5 bd 4 ba 3,180 sqft Built 1891 Lot 7,020 sqft multi_family
Most recent sale
$75,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $75,000 | MLS #1019624 |
| Jul 7, 2022 | Listed | $75,000 | MLS #1019624 |
| Feb 25, 2020 | Listing removed | $25,000 | WRIST |
| Sep 30, 2015 | Listing removed | $25,000 | WRIST |
| Oct 15, 2014 | Listing removed | $25,000 | WRIST |
| Oct 15, 2014 | Listed | $25,000 | MLS #362678 |
| Jul 23, 2014 | Price changed | $25,000 | MLS #356415 |
| Apr 9, 2014 | Listed | $39,900 | MLS #356415 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $22,970 | $2,650 | $25,620 | $1,140 |
| 2023 | $6,340 | $2,560 | $8,900 | $439 |
| 2022 | $6,340 | $2,560 | $8,900 | $450 |
| 2021 | $4,700 | $1,890 | $6,590 | $362 |
| 2020 | $4,700 | $1,890 | $6,590 | $363 |
| 2019 | $4,700 | $1,890 | $6,590 | $364 |
| 2018 | $6,860 | $1,890 | $8,750 | $503 |
| 2017 | $6,860 | $1,890 | $8,750 | $503 |
| 2016 | $6,860 | $1,890 | $8,750 | $504 |
| 2015 | $6,860 | $1,890 | $8,750 | $514 |
| 2014 | $6,860 | $1,890 | $8,750 | $511 |
| 2013 | $11,440 | $1,890 | $13,330 | $771 |
| 2012 | $3,440 | $3,820 | $7,260 | $403 |
| 2011 | $3,440 | $3,820 | $7,260 | $411 |
| 2010 | $3,440 | $3,820 | $7,260 | $393 |
| 2009 | $3,910 | $4,340 | $8,250 | $420 |
| 2008 | $3,910 | $4,340 | $8,250 | $408 |
| 2007 | $3,910 | $4,340 | $8,250 | $402 |
Property facts
Year built
1891
Property type
multi_family
Stories
2
Beds
5
Baths
4
Living area
3,180 sqft
Lot size
7,020 sqft
ZIP code
45503
City
Springfield
Street
Chestnut Ave
Coordinates
39.92970, -83.80201
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505-507 Chestnut Ave last sell?
505-507 Chestnut Ave most recently sold on Aug 5, 2022 for $75,000.
What is the current tax assessment for 505-507 Chestnut Ave?
The most recent total assessment for 505-507 Chestnut Ave (year 2025) is $25,620 with $1,140 in property tax.
How does 505-507 Chestnut Ave's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $75,000.
When was 505-507 Chestnut Ave built?
505-507 Chestnut Ave was built in 1891.
How does 505-507 Chestnut Ave compare to others on Chestnut Ave?
We track 8 other properties on Chestnut Ave. Browse the list under "Other properties on Chestnut Ave" to compare beds, baths, and sale history.
What are the property facts for 505-507 Chestnut Ave?
505-507 Chestnut Ave is a 5 bed, 4 bath, 3,180 sqft, 7,020 sqft lot multi_family.
Is 505-507 Chestnut Ave a flip candidate?
No — 505-507 Chestnut Ave does not appear in our flips dataset.
Is 505-507 Chestnut Ave a tax-appeal candidate?
No — 505-507 Chestnut Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$187.7K
2026 Q4
$187K
ZIP 45503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut Ave