NOT LISTED FOR SALE

111 E Park Ave Norfolk, NE 68701

Estimated Value: $141,704 - $217,000

4 Beds
2 Baths
1,952 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $132,565 $68 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,026/month

4 Days on Market

About This Home

As of July 2021

*All information obtained from Seller and Public Records. Perfect investment opportunity! 2 bedroom, 1 bath units fully occupied. Tenants pay all utilities.

Last Agent to Sell the Property

Shalle Wolff

Real Estate Solutions Team License #20160350 Listed on: 03/03/2021

Last Buyer's Agent

Megan Eckert

INSPIRE HOME & LAND REALTY License #20110204

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,365

Home Design

  • Bungalow
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Tenant pays for gas, electricity, water, garbage
  • Assessor Parcel Number 590099965

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Bungalow
  • Miscellaneous: Separate Meters, Indiv Watr Heat, Individual Heat
  • Safety Features: Smoke Detector
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Applies To All, Refrigerator, Stove
  • Bedrooms: 4
  • Bathrooms: 2
  • Has Basement: Yes
  • Stories: One
  • Square Footage: 588/Unit
  • Unit Features: Applies To All, Carpet, Kit/Din Combo, Inside Util Rm, Priv Outsd Entr, Private Bath

Exterior Features

  • Construction: Frame

Garage/Parking

  • Garage Type: None
  • Parking: Street &/or on Lot
  • Utilities Paid By Renter: Gas, Electricity, Water, Garbage
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: Separate

Lot Info

  • Lot Size: 4,682SQFT
  • Parcel #: 590099965

Building Info

  • Year Built: 1952

Rental Info

  • Leases: Yes
  • Security Deposit: Yes

Tax Info

  • Year: 2020
  • Taxes: $1,382.76

Multi Family

  • Income Less Vacancy: 0%
  • Income Net Income: $1000/M
  • Income Other: Util-Tnant
  • Income Rent: $550/Mo

MLS Schools

  • School District: Norfolk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Martinez Rene and Martinez Jennifer
Bought by
Briseno Michael A and Briseno Diana
Current Estimated Value
$174,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,418
Interest Rate
2.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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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
Briseno Michael A $134,000 Stewart Title Norfolk
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briseno Michael A $164,418
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $132,565 +2.8% $68 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $129,000 -- $66 / 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
2025 $1,373 $118,538 $12,563 $105,975
2024 $1,373 $110,688 $12,563 $98,125
2023 $1,897 $102,586 $12,563 $90,023
2022 $1,723 $92,941 $12,563 $80,378
2021 $1,526 $82,457 $12,563 $69,894
2020 $1,383 $74,968 $12,563 $62,405
2019 $1,304 $68,282 $12,563 $55,719
2018 $1,283 $68,282 $12,563 $55,719
2017 $1,198 $63,681 $12,563 $51,118
2016 $1,200 $63,681 $12,563 $51,118
2015 $1,200 $63,681 $12,563 $51,118
2014 $1,189 $61,247 $12,563 $48,684
2013 $1,227 $61,247 $12,563 $48,684
Source: Public Records

Agents Affiliated with this Home

  • Shalle Wolff

    Seller's Agent in 2021

    Shalle Wolff

    Real Estate Solutions Team

    (402) 841-4626

    88 in this area

    145 Total Sales

    Shalle Wolff
    Section Image
  • Megan Eckert

    Buyer's Agent in 2021

    Megan Eckert

    INSPIRE HOME & LAND REALTY

    (402) 841-9947

    81 in this area

    137 Total Sales

    Megan Eckert
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 210166

Norfolk Board of REALTORS®

APN: 590099965

Nebraska Madison County Norfolk 68701

111 E Park Ave, Norfolk, NE

Not Listed for Sale

MultiFamily

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