NOT LISTED FOR SALE

204 E Phillip Ave Norfolk, NE 68701

Norfolk Area

Estimated Value: $267,223 - $360,000

7 Beds
5 Baths
1,915 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $275,000 $144 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,756 / mo

1 Day on Market

About This Home

As of March 2024

INVESTORS TAKE NOTE: CASH FLOW. 5 unit converted apartment building with clean units and separate utilities. Building has recent updates and appliances and windows throughout. New siding was just installed in the last couple of months and the front porch deck including vinyl railing will be completed in the next couple of weeks, weather permitting. Great property with low turnover and room for future revenue increases. 1 unit is currently furnished and rented furnished. Please note: Will need at least 24 hours for showings and buyers need to have their financing in place prior. Current rent roll is $3325 per month.

Last Agent to Sell the Property

Michael Proffitt

Great Places Realty License #20090017 Listed on: 02/15/2024

Last Buyer's Agent

Jade Lafleur

Rely Real Estate License #20120168

Range of Values:

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

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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1915

Lot Details

  • 8,712

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property

Listing and Financial Details

  • Tenant pays for gas, electricity, cable, applies to some, applies to all
  • The owner pays for water, garbage
  • Assessor Parcel Number 590084429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1915

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Style: 2
  • Property Conditions: average
  • Miscellaneous: Separate Meters, Individual Heat, Individual Air, Security Depost
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Bedrooms: 7
  • Bathrooms: 5
  • Has Basement: Yes
  • Stories: Two
  • Sq Ft Assessment from County: YES
  • Square Footage: 2464
  • Unit Features: Applies To Some, Furnished, Finished Basmnt

Exterior Features

  • Construction: Frame
  • Roof: Asphalt

Garage/Parking

  • Garage Type: None
  • Utilities Paid By Owner: Water, Garbage
  • Utilities Paid By Renter: Gas, Electricity, Cable, Applies To Some, Applies To All
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: Separate

Lot Info

  • Lot Size: 8800
  • Parcel #: 590084429

Building Info

  • Year Built: 1915

Rental Info

  • Leases: yes
  • Security Deposit: yes

Tax Info

  • Year: 2023
  • Taxes: 2960.20

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

Closed on
Sep 23, 2008
Sold by
Bought by
Current Estimated Value
$291,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,250
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Norfolk, NE

  • Michael Proffitt Real Estate Agent - Great Places Realty

    Michael Proffitt

    Great Places Realty

    (402) 940-8926

    103 Total Sales

    74 in Norfolk

    $12K - $500K Price Range

    Michael Proffitt
     Section Image
  • Tami White Real Estate Agent - Berkshire Hathaway Home Services Amb RE Norfolk

    Tami White

    Berkshire Hathaway Home Services Amb RE Norfolk

    (402) 875-6690

    197 Total Sales

    86 in Norfolk

    $10K - $544K Price Range

    Tami White
     Section Image
  • Kimberly Wilcox Real Estate Agent - Real Estate Solutions Team

    Kimberly Wilcox

    Real Estate Solutions Team

    (402) 347-4363

    305 Total Sales

    209 in Norfolk

    $23K - $800K Price Range

    Kimberly Wilcox
     Section Image
  • Joseph Aschoff Real Estate Agent - Ag Land Realty, LLC

    Joseph Aschoff

    Ag Land Realty, LLC

    (531) 238-6905

    39 Total Sales

    6 in Norfolk

    $95K - $900K Price Range

    Joseph Aschoff
     Section Image
  • Jacklyn Wiese Real Estate Agent - BHHS Ambassador Real Estate

    Jacklyn Wiese

    BHHS Ambassador Real Estate

    (531) 201-4090

    245 Total Sales

    8 in Norfolk

    $193K - $339K Price Range

    Jacklyn Wiese
     Section Image
  • Justin Bleich Real Estate Agent - Real Estate Solutions Team

    Justin Bleich

    Real Estate Solutions Team

    (402) 347-2525

    7 Total Sales

    1 in Norfolk

    $310,000 Price

    Justin Bleich
     Section Image
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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
$60,000 American Title
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
Closed $57,250
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
03/08/2024 03/08/24 Sold $275,000 0.0% $144 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $275,000 -- $144 / 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 $1,851 $158,524 $6,556 $151,968
2024 $1,839 $147,267 $6,556 $140,711
2023 $2,444 $132,191 $6,556 $125,635
2022 $2,201 $118,730 $6,556 $112,174
2021 $2,025 $109,468 $6,556 $102,912
2020 $1,816 $98,442 $6,556 $91,886
2019 $1,692 $88,597 $6,556 $82,041
2018 $1,648 $87,742 $5,701 $82,041
2017 $1,471 $78,208 $4,957 $73,251
2016 $1,365 $72,415 $4,590 $67,825
2015 $1,365 $72,415 $4,590 $67,825
2014 $36 $69,185 $4,590 $64,595
2013 $1,302 $64,959 $4,590 $60,369
Source: Public Records

Agents Affiliated with this Home

  • Michael Proffitt Real Estate Agent - Great Places Realty

    Seller's Agent in 2024

    Michael Proffitt

    Great Places Realty

    (402) 750-2438

    103 Total Sales

    Michael Proffitt
    Section Image
  • Jade Lafleur Real Estate Agent - Rely Real Estate

    Buyer's Agent in 2024

    Jade Lafleur

    Rely Real Estate

    (402) 649-2516

    207 Total Sales

    Jade Lafleur
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 240065

Norfolk Board of REALTORS®

APN: 590084429

Nebraska Madison County Norfolk 68701

204 E Phillip Ave, Norfolk, NE

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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