NOT LISTED FOR SALE

1016 N 7th St Norfolk, NE 68701

Estimated Value: $171,000 - $194,426

2 Beds
2 Baths
1,167 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $124,900 $107 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,101/month

About This Home

As of August 2021

Great opportunity for a first time homebuyer or as an investment property. 2 bedrooms, 1 1/2 baths with a fenced in backyard.

Last Agent to Sell the Property

Katie Hinze

INSPIRE HOME & LAND REALTY License #20180512 Listed on: 03/05/2021

Last Buyer's Agent

Justine Knapp

RE/MAX ASSOCIATES License #20160708

RE/MAX ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1905

Lot Details

  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • 1,167 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathrooms in Basement

Listing and Financial Details

  • Assessor Parcel Number 590100742

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: 1 1/2
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1,037
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Estimated Basement Sq Ft: 653
  • Estimated Main Sq Ft: 653
  • Estimated Upper Sq Ft: 384
  • Has Basement: Full, Partly Finished
  • Basement YN: Yes
  • Basement Bathrooms: .5
  • Bathrooms Main: 1
  • Main Bedroom: 1
  • Sq Ft Above Ground: 1001-1200
  • Total Bathrooms: 2
  • Estimated Total Finished Sq Ft: 1,167

Exterior Features

  • Construction: Frame
  • Exterior Featur: Vinyl Siding
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Detached

Utilities

  • Utilities: City Water, City Sewer, Electricity

Lot Info

  • Landscaping: Wood Fence, Established Yrd
  • Lot Size: .15 acres
  • Parcel #: 590100742

Building Info

  • Year Built: 1905

Tax Info

  • Year: 2020
  • Taxes: $1,552.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jul 21, 2021
Sold by
Sims Marissa L
Bought by
Cavanaugh Corey
Seller's Agent
Katie Hinze
INSPIRE HOME & LAND REALTY
Buyer's Agent
Justine Knapp
RE/MAX ASSOCIATES
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$184,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,457
Avg. Annual Appreciation
9.76%
Original Mortgage
$126,161
Outstanding Balance
$114,472
Interest Rate
2.9%
Mortgage Type
USDA
Estimated Equity
$69,885

Purchase Details

Closed on
Oct 2, 2013
Sold by
Elkhorn Valley Community Development Cor
Bought by
Sims Marissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2013
Sold by
May Field and May Randi
Bought by
Elkhorn Valley Community Development Cor and Neighbor Works Northeast Nebraska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2009
Sold by
Wind Billy Glen
Bought by
May Field and May Randi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,930
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Wind Bob D and Wind Cleo Y
Bought by
May Field and May Randi
Source: Public Records

Range of Values:

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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
Cavanaugh Corey $125,000 Stewart Title Norfolk
Sims Marissa L $72,000 None Available
Elkhorn Valley Community Development Cor $63,000 None Available
May Field $52,000 None Available
May Field $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh Corey $126,161
Previous Owner Sims Marissa L $14,400
Previous Owner May Field $53,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $124,900 0.0% $107 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $124,900 -- $107 / Sq Ft
Source: Norfolk Board of REALTORS®

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 $1,609 $128,904 $6,168 $122,736
2023 $2,140 $115,754 $6,168 $109,586
2022 $1,928 $104,013 $6,168 $97,845
2021 $1,730 $93,530 $6,168 $87,362
2020 $1,552 $84,170 $6,168 $78,002
2019 $1,448 $75,813 $6,168 $69,645
2018 $1,375 $73,188 $6,168 $67,020
2017 $1,278 $67,928 $6,168 $61,760
2016 $1,280 $67,928 $6,168 $61,760
2015 $1,280 $67,928 $6,168 $61,760
2014 $1,078 $55,543 $6,528 $49,015
2013 $1,049 $52,336 $6,528 $45,808
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Katie Hinze

    INSPIRE HOME & LAND REALTY

    (308) 641-6233

    13 in this area

    19 Total Sales

    Katie Hinze
    Section Image
  • Justine Knapp

    Buyer's Agent in 2021

    Justine Knapp

    RE/MAX ASSOCIATES

    (402) 992-1542

    7 in this area

    10 Total Sales

    Justine Knapp
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 210688

Norfolk Board of REALTORS®

APN: 590100742

Nebraska Madison County Norfolk 68701

1016 N 7th St, Norfolk, NE

This home is located at 1016 N 7th St, Norfolk, NE 68701 since 05 March 2021 and is currently estimated at $184,357, approximately $157 per square foot. This property was built in 1905. 1016 N 7th St is a home located in Madison County with nearby schools including Norfolk Senior High School, St. Paul's Lutheran School, and Keystone Christian Academy.

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.

Norfolk Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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