NOT LISTED FOR SALE

155 E 4th St Cortland, NE 68331

Estimated Value: $289,000 - $418,000

4 Beds
3.5 Baths
2,714 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $166,500 $61 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,046/month

126 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Norris Elementary School Rated A-
  • No HOA
  • Gas Log Fireplace

About This Home

As of August 2012

Small town living at it's best. Just minutes south of Lincoln in Cortland. Beautiful street appeal on a nearly half acre lot. Gorgeous established landscaping. This 1885 home has been totally remodeled & shows like new. Newer vinyl siding, windows & roof. The interior is totally updated with warm colors, high ceilings & crown molding. The spacious first floor Master bedroom features a fireplace, 3/4 bath & walks out to a private deck with a hot tub. Modern & updated kitchen with small breakfast nook currently used as office space. Upstairs you'll find 3 more bedroom areas plus a rec room and another 3/4 bath. One bedroom also walks out onto it's own private deck. This home works well for an in-home business with separate entrance & 1/2 guest bath. Current owner has a daycare. Large 2 stall garage with extra area that would make a nice shop plus a separate 1.5 garage off the alley. The lovely backyard has plenty of space for gardening & features a quaint Potting Shed.

Last Agent to Sell the Property

Kent Obrist

Woods Bros Realty License #20030194 Listed on: 03/19/2012

Woods Bros Realty

Last Buyer's Agent

Susan Vaccaro

Nebraska Realty License #20050031

Nebraska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1885

Lot Details

  • 0.48

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,714 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Norris Elementary And Middle School
  • Norris High School

Additional Features

  • Lot Dimensions are 150 x 140
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007395000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,601

Year Built

Built in 1885

Lot Details

0

Parking

3

Listing Details

  • Parcel Number: 007395000
  • Property Sub Type: Single Family Residence
  • Year Built: 1885
  • Prop. Type: Residential
  • Lot Size: 150 x 140
  • Directions: South on Hwy 77 to Cortland. East at the 2nd turnoff (left) to property.
  • Above Grade Finished Sq Ft: 2714
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Seller operates a Daycare from home. Please allow 24 hrs notice to show. Please send all faxes to 402-434-3510.
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2714
  • ResoLivingAreaSource: Assessor
  • Room Office Area: 66
  • Room Office Level: Main
  • Bedroom 1 Level: 2nd Floor
  • Room Bedroom2 Level: 2nd Floor
  • Room Bedroom3 Level: 2nd Floor
  • Dining Room Dining Room Level: Main Floor
  • Room Family Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Stone
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Norris
  • Elementary School: Norris
  • Junior High Dist: Norris
  • Middle Or Junior School: Norris

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1/4 up to 1/2 Acre
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2600.76

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Aug 23, 2012
Sold by
Weilage Andrew G
Bought by
Ford Derek F and Ford Launa M
Seller's Agent
Kent Obrist
Woods Bros Realty
Buyer's Agent
Susan Vaccaro
Nebraska Realty
List Price
$199,900
Sold Price
$166,500
Premium/Discount to List
-$33,400
-16.71%
Current Estimated Value
$345,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,619
Avg. Annual Appreciation
5.61%
Original Mortgage
$171,950
Outstanding Balance
$117,704
Interest Rate
3.57%
Mortgage Type
VA
Estimated Equity
$227,415

Purchase Details

Closed on
Oct 12, 2007
Sold by
Forbes Eva N
Bought by
Weilage Eric V and Weilage Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2007
Sold by
Forbes Eva N
Bought by
Weilage Eric V and Weilage Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ford Derek F $187,875 None Available
Weilage Eric V $160,000 --
Weilage Eric V $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Derek F $171,950
Previous Owner Weilage Eric V $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2012 08/24/12 Sold $166,500 -16.7% $61 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $199,900 -- $74 / Sq Ft
Source: Great Plains Regional MLS

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 $2,854 $307,980 $33,250 $274,730
2023 $3,669 $223,560 $20,250 $203,310
2022 $3,634 $189,675 $20,250 $169,425
2021 $3,368 $174,275 $20,250 $154,025
2020 $3,286 $166,940 $20,250 $146,690
2019 $3,331 $166,940 $20,250 $146,690
2018 $3,343 $166,940 $20,250 $146,690
2017 $3,008 $159,955 $20,250 $139,705
2016 $2,953 $159,955 $20,250 $139,705
2015 $2,944 $159,955 $20,250 $139,705
2014 $3,039 $159,955 $20,250 $139,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10096403

Great Plains Regional MLS

APN: 007395000