NOT LISTED FOR SALE

1401 S Chestnut St Norfolk, NE 68701

Norfolk Area

Estimated Value: $156,012

1.56 Acres
$100,008 Price per Acre
67,954 Sq Ft Lot

Sale Details

Date Sold: August 18, 2025

Last sale price $150,000 $180 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $901 / mo

383 Days on Market

About This Lot

As of August 2025

This property is zoned light industrial on the east side of Norfolk. Would be great for storage units or commercial use. City water and sewer is near the north end of the property. Seller is licensed realtor in the state of Nebraska.

Last Agent to Sell the Property

CINDY ARENS

Premier Team Real Estate License #20130293 Listed on: 04/26/2024

Premier Team Real Estate

Co-Listed By

FRANK ARENS

Premier Team Real Estate License #20130294

Last Buyer's Agent

Karen Petersen

INSPIRE HOME & LAND REALTY License #20030035

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $547

Lot Details

  • Level Lot

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 590167219

Property Details

Property Type

Land

Est. Annual Taxes

$547

Listing Details

  • Class: LAND
  • Residence: No
  • Business District: 1-5 Miles
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Flood Zone: Unknown
  • Road Surface: Gravel
  • Type Water: Other

Utilities

  • Water: Well
  • Electric: Yes
  • Gas Company: No
  • Sewer: Other
  • Sewer: Septic Tank

Lot Info

  • Topography: Level
  • Lot Size: 180x375
  • Parcel #: 590167219
  • Zoning: Industrial
  • Level Acres: 1.56
  • Land Use: Other
  • Lot Improvement: Rough Grade
  • L O T L O C A T I O N: Industrial Park
  • Lot Size2: 1-5 Acres

Tax Info

  • Year: 2024
  • Taxes: 546.62

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 11, 2025
Sold by
Bought by
Seller's Agent
CINDY ARENS
Premier Team Real Estate
Buyer's Agent
Karen Petersen
INSPIRE HOME & LAND REALTY
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
28
Current Estimated Value
$156,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,012
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Mar 30, 2018
Sold by
Bought by
Seller's Agent
CINDY ARENS
Premier Team Real Estate
Buyer's Agent
CINDY ARENS
Premier Team Real Estate
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Stewart Title
$115,000 Northeast Nebraska Title & E
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Sold $150,000 -5.7% $180 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
04/26/2024 04/26/24 For Sale $159,000 +38.3% $191 / Sq Ft
04/03/2018 04/03/18 Sold $115,000 0.0% $138 / Sq Ft View Prior Sale
03/17/2018 03/17/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $115,000 -- $138 / Sq Ft
Source: Norfolk Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $510 $43,659 $43,659 $0
2024 $547 $43,659 $43,659 $0
2023 $715 $38,659 $38,659 $0
2022 $717 $38,659 $38,659 $0
2021 $441 $28,659 $28,659 $0
2020 $455 $28,659 $28,659 $0
2019 $473 $28,659 $28,659 $0
2018 $1,657 $102,504 $28,659 $73,845
2017 $1,562 $96,407 $28,659 $67,748
2016 $1,404 $85,813 $23,659 $62,154
2015 $1,426 $86,933 $24,779 $62,154
2014 $1,137 $67,096 $10,074 $57,022
2013 $1,191 $67,096 $10,074 $57,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 240277

Norfolk Board of REALTORS®

APN: 590167219

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