502 Chestnut Ave, Springfield, OH 45503
OFF MARKET

$117,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,372 sqft

502 Chestnut Ave, Springfield, OH 45503

Est. Refi. Payment $776/mo*
Refinance Your Home
Currently Off Market - Sold Jan 17, 2025 for $52,500

Home Value

Trulia Estimate
$117K
Since last month
Decreased$6K (-4.6%)
Since last year
Decreased$7K (-5.8%)
Since last sale
Increased$62K (+118.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +570% in the last 10 years
MonthEstimated value
2026
August 2026$115K
July 2026$120K
June 2026$119K
May 2026$123K
April 2026$122K
March 2026$117K
February 2026$116K
January 2026$112K
2025
2024
2022
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
624 Elm St, Springfield, OH
0.11
Single-Family Home
$109,900
02/11/26
3
1
1,624
522 Chestnut Ave, Springfield, OH
0.03
Single-Family Home
$33,000
12/26/25
4
2
1,508
704 Sherman Ave, Springfield, OH
0.19
Single-Family Home
$30,000
09/05/25
3
1
1,028
404 Sherman Ave, Springfield, OH
0.09
Single-Family Home
$88,000
04/09/26
2
1
1,088
563 E Cassilly St, Springfield, OH
0.32
Single-Family Home
$47,500
04/23/26
3
1
1,344
464 Sherman Ave, Springfield, OH
0.08
Single-Family Home
$59,900
06/04/26
4
1
1,080
702 E Madison Ave, Springfield, OH
0.30
Single-Family Home
$75,000
10/22/25
3
1
1,056
301 Chestnut Ave, Springfield, OH
0.15
Single-Family Home
$143,500
02/16/26
3
1
1,329
301 Chestnut Ave, Springfield, OH
0.15
Single-Family Home
$143,500
02/18/26
3
1
1,329
831 E Cecil St, Springfield, OH
0.48
Single-Family Home
$61,000
08/17/26
3
1
1,092

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
419-421 Chestnut Ave, Springfield, OH 45503
0.04
$145,100
4
2
2,160
Off Market
508 Chestnut Ave, Springfield, OH 45503
0.02
$116,000
3
1
-
Off Market
520 Mount Vernon Ave, Springfield, OH 45503
0.07
$85,400
3
1
1,183
Off Market
560/566 Mount Vernon Ave, Springfield, OH 45503
0.09
-
-
-
-
Off Market
456 Sherman Ave, Springfield, OH 45503
0.08
$143,300
3
1.5
1,328
Off Market
404 Sherman Ave, Springfield, OH 45503
0.09
$88,000
2
1
1,088
Recently Sold
624 Elm St, Springfield, OH 45503
0.11
$109,900
3
1
1,624
Recently Sold
307 Chestnut Ave, Springfield, OH 45503
0.14
$176,100
4
2
-
Off Market
301 Chestnut Ave, Springfield, OH 45503
0.15
$143,500
3
1
1,329
Recently Sold
614 Mason St, Springfield, OH 45503
0.15
$167,200
4
2
1,987
Off Market
411 Stanton Ave, Springfield, OH 45503
0.14
$111,400
5
2
2,128
Off Market
244-246 Chestnut Ave, Springfield, OH 45503
0.16
$121,600
6
2
2,816
Off Market

Local Information

  • Map ViewExplore the area around 502 Chestnut Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1871
Living Area
1,372 sqft
Price/Sqft
$85
Parking
Garage

About this House

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!
502 Chestnut Ave, Springfield, OH 45503 is a 3 bedroom, 1 bathroom, 1,372 sqft single-family home built in 1871. It last sold for $52,500 on Jan 17, 2025. More recently, it was listed as a rental in June 2024 with an asking price of $550 per month. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $117,000, with a rent estimate of $1,371/month.

Home Details for 502 Chestnut Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Family Room, Laundry Room, Master Bath
Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Laminate
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1871
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Vinyl, WoodFoundation Type: Crawl RaisedLawnPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 5183 sqft

Price and Tax history

DateEventPrice
Jan 17, 2025
Source: N/A
Sold
$52,500
Dec 20, 2024
Source: N/A
Pending
$60,000
Nov 26, 2024
Source: N/A
PriceChange
$60,000
Price decreased by 14%
Nov 15, 2024
Source: N/A
Listed For Sale
$70,000
Jun 18, 2024
Source: Zillow Rentals
Listed For Rent
$550

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$177K
$8.77KMoM
Sale-to-List Price
99.6%
Price per sq ft
$143
$4MoM
Available listings
309
36MoM

Around this home

What Locals Say about Springfield

At least 586 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 81 % Say yards are well-kept

  • 80 % Say there are sidewalks

  • 77 % Say parking is easy

  • 72 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 52 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 49 % Say people would walk alone at night

  • 45 % Say it's quiet

  • 43 % Say it's walkable to grocery stores

  • 41 % Say it's walkable to restaurants

  • 40 % Say they plan to stay for at least 5 years

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Brandon sims
    "A quiet neighborhood "
    0
    Flag
  • Triximyers
    "Nice quiet with a good school system and safe neighborhood. Big lots and close to amenities. Very convenient "
    0
    Flag
  • Tlscda
    "I’ve lived here for 51yrs and depending what neighborhood you choose there all friendly and quiet people that mind there own business but do keep an eye out for each other and will communicate if you reach out "
    1
    Flag
  • Tlscda
    "Christmas fireworks downtown, parks and Resovoir to swim and ride boats fish. Stores restaurants and grocery stores close by "
    0
    Flag
  • Tlscda
    "Neighbors look out for each other it’s quiet and it’s township ; there’s no sidewalks and it’s safe to be in the yard and walk the streets "
    0
    Flag
  • Hannah
    "There is a lot of Downtown activities throughout the year for all different types of holidays, and a lot of small business to interact with as well."
    0
    Flag
  • Djcy2ps7cj
    "Homeless, and drug addicts yell out front consistently. Multiple break in attempts in my 5 years living here. Also, people like to sleep in my garage."
    0
    Flag
  • Amezn8532
    "Dog owners would love the yards and greenery. Dog owners should be wary of the nearby busy intersections in case pets get loose. "
    0
    Flag
  • Rodrick Pierce
    "The struggle is real. Springfield was a once proud community but it is truly struggling now. Lack of resources and proper infrastructure is a huge problem along with subpar schools. "
    1
    Flag
  • Darrell444
    "It’s a great place to live and to raise a family, the family park is very nice. They just added 2 new pickle ball courts."
    0
    Flag
  • Darrell444
    "It would be nice if we had community programs, so everyone would get togethe. Get to know everyone in the community and have something for the children to do like kickball softball games at ball park."
    0
    Flag
  • Darrell444
    "I have lived here for 14 years I would not live anywhere else great neighborhood, family, and friends. "
    0
    Flag
  • Shelley Behr
    "Northridge is a clean place to live. My neighbors are very friendly and I feel safe living here. Northridge is close to shopping and has nice schools. "
    0
    Flag
  • Amanda W.
    "The neighbors in this area make it worth living here. Only second to the charming architecture. Just wish there were better local restaurants!"
    4
    Flag
  • Radford20
    "There is a lot of cookouts and family and community get togethers also. Our community comes together when we really need it the most. A lot of church charities and school charities. Not all Springfield is bad. Also the ymca is a good community even center to. This is my home town and there is still good left in this town. Not all is bad. Also the soup kitchen where it feeds the homeless and also gives the people clothes. There is also basketball courts where the community can get together and play basketball and enjoy it and have fun. There’s a skate park also where younger kids skate and ride there bikes at. There is a lot of bike trails and fields to play sports "
    16
    Flag
  • Aubreeann887
    "Here the neighbors are not too friendly I have had a lot of issues they also blare music all night and have traffic all day long "
    12
    Flag
  • Devon H.
    "There are many parks in the area, with decent playgrounds for children. The bigger parks are great for nature walks. There is quite a bit to see."
    3
    Flag
  • Fatima S.
    "there’s no dog park. there’s a few neighborhood cats that like to stray and you often hear the neighborhood dogs barking. it’s no bother really since everyone minds their business. just something to be mindful of."
    6
    Flag
  • Marcus H.
    "I've lived in this neighborhood for 20 years, and it's changed over the last 7 years. The neighborhood has some really good people and also a few bad apples. But, overall the people that live here, do make an effort to look out for one another. "
    0
    Flag
  • Tara F.
    "Nice neighborhood to have your kids. There’s a park & pond close by. You always see families out walking or riding bikes. Trick or treat has always been a blast in Northridge. "
    0
    Flag
  • White K.
    "We live in a great neighborhood and we have some of the best neighbors. For the most part we’ve had no big issues. To me good neighbors can turn the worst neighborhood into a great place to live"
    2
    Flag
  • Colleen H.
    "there are a lot of sidewalks to go for a walk on. People keep their animals restrained well. feel safe while walking my dog around "
    3
    Flag
  • Gypsychild0648
    "Quiet neighborhood, kids are safe playing in the neighborhood. There is an elementary school near by."
    2
    Flag
  • Linda
    "I don’t know I don’t have pets I hate hearing dogs bark all day and night and they need to take care of them "
    1
    Flag
  • Rjones256
    "My neighbors usually keep to themselves and it is usually quiet because of the seniors in the neighborhood."
    0
    Flag
  • Dorian J.
    "Nothing goes on that’s very spectacular in this community the city is trying to make things better but nothing much has changed "
    1
    Flag
  • Tlscda
    "You can walk your dog in this Neighborhood and everyone is friendly / sidewalks are nice and the houses are kepted up and clean "
    0
    Flag
  • Mallory L.
    "People speed down the road so you have to pay attention and keep them the on a chain or close by so they don’t get hit "
    0
    Flag
  • Rodrickcpierce
    "You will love it it’s very dog friendly here. The different varieties of dogs and owners makes for a nice dog community. The parks are great places for dogs and are close to the neighborhood."
    0
    Flag
  • Alaina H.
    "Springfield has it’s flaws but I believe it’s getting better. There’s quit a bit of construction. Overall I enjoy living here."
    0
    Flag
  • Dorianbjones
    "This neighborhood is very quiet most people know one another depending on part of town there may be heavy drug activity "
    3
    Flag
  • Sherry B.
    "Crime and drugs make Springfield an unsafe city to live in. Houses and apartments are run down. There are no family oriented places to go to or enjoy. Most people go to Columbus to enjoy a nice family outing."
    6
    Flag
  • Sherry B.
    "Springfield is not safe for families with small children. Drug addicts make up most of the population. The homicide rate is the highest in this part of the state. Do not move here. Safety is an issue that must be looked at before moving here."
    0
    Flag
  • Leslie W. C. B. .
    "The majority of homeowners in my neighborhood have dogs and walk them regularly and they respect others by picking up after their dogs as well. "
    0
    Flag
  • Luellawalker1964
    " Summer Arts festival. Rotary Food Truck Competition . Friendly community! Close to schools/ within walking distance."
    1
    Flag
  • Stephanie
    "Quick commute to pretty much anywhere in town...it’s not a huge city................................."
    2
    Flag
  • Ebonie
    "Neighborhood is good and it has a great family friendly feeling. Grocery store and restaurant are nearby. "
    0
    Flag
  • Alaura C.
    "I live outside of a not so great part of town but where we live is nice, light traffic and barely any neighbors. "
    0
    Flag
  • SDW
    "There are good areas and bad areas. Just research, check the local school and get to know your neighbors! "
    2
    Flag
  • Dallas J.
    "alot of people , guns.,.not very safe and alot of crime really . sad to say . loud people , music , and drinking / drugs "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 Chestnut Ave

  • What is 502 Chestnut Ave estimated to be worth?
    Trulia's estimated value for 502 Chestnut Ave in Springfield, OH is $117,000.
  • What is the price history for 502 Chestnut Ave?
    502 Chestnut Ave in Springfield, OH last sold for $52,500 in January 2025.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $177K. That is up $8.77K from the prior month.
  • Does 502 Chestnut Ave have laundry facilities?
    Yes, 502 Chestnut Ave in Springfield, OH has laundry facilities.
  • How big is the lot at 502 Chestnut Ave?
    The lot at 502 Chestnut Ave in Springfield, OH is about 0.12 acres (5,183 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 502 Chestnut Ave

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Homes for sale near 502 Chestnut Ave

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