NOT LISTED FOR SALE

214 E Michigan Ave Norfolk, NE 68701

Estimated Value: $220,000 - $251,784

2 Beds
1 Bath
1,088 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $14,000 $13 Per Sq Ft

Est. 1,605% increase in value since last sale

Current estimated payment $1,517/month

277 Days on Market

About This Home

As of October 2016

INVESTORS TAKE NOTE!!! 2 bedroom house on a corner lot with updated kitchen and bathroom. Needs work but can be flipped or turned in to an income producing rental. Decent sized corner lot and 2 car carport. Being sold as-is. Due to condition this will not qualify for mortgage financing.

Last Agent to Sell the Property

Michael Proffitt

Great Places Realty License #20090017 Listed on: 12/04/2015

Last Buyer's Agent

Gary Bretschneider

GARY BRETSCHNEIDER BROKER License #0800222

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,884

Parking

  • Carport

Home Design

  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 590055240

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: 1 1/2
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1088
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Estimated Basement Sq Ft: 504
  • Estimated Main Sq Ft: 584
  • Estimated Upper Sq Ft: 504
  • Has Basement: Partial
  • Basement YN: Yes
  • Sq Ft Above Ground: 1001-1200
  • Sq Ft Assessment from County: YES
  • Total Bathrooms: 1
  • Estimated Total Finished Sq Ft: 1088

Exterior Features

  • Construction: Frame
  • Roof: Comp/Shingle
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Type: Carport

Utilities

  • Utilities: City Water, City Sewer, Natural Gas, Electricity, Cable Tv, Telephone

Lot Info

  • Landscaping: Fair
  • Lot Size: 75x105
  • Parcel #: 590055240

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2015
  • Taxes: 1095.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Norfolk Housing Agency
Bought by
Spreeman Michele A
Current Estimated Value
$238,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Outstanding Balance
$109,660
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$133,135

Purchase Details

Listed on
Dec 4, 2015
Closed on
Sep 29, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Norfolk Housing Development Corp
Seller's Agent
Michael Proffitt
Great Places Realty
Buyer's Agent
Gary Bretschneider
GARY BRETSCHNEIDER BROKER
List Price
$46,400
Sold Price
$14,000
Premium/Discount to List
-$32,400
-69.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.79%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Stusse Timothy L
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 18, 2011
Sold by
Heinen Glenn and Heinen Deanna
Bought by
Stusse Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
4.17%
Mortgage Type
USDA

Purchase Details

Closed on
Jul 13, 2005
Sold by
Beller Jeffrey J and Beller Karla G
Bought by
Heinen Glenn and Heinen Deanna

Purchase Details

Closed on
Aug 13, 2001
Sold by
Bergman Thomas F
Bought by
Beller Jeffrey J and Beller Karla G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Spreeman Michele A $155,000 Madison County Abstract
Norfolk Housing Development Corp $14,000 None Available
Jpmorgan Chase Bank Na $46,400 None Available
Stusse Timothy L $55,000 None Available
Heinen Glenn $45,000 --
Beller Jeffrey J $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spreeman Michael A $129,650
Closed Spreeman Michele A $30,000
Previous Owner Stusse Timothy L $4,000
Previous Owner Stusse Timothy L $55,181
Closed Norfolk Housing Development Corp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $14,000 -69.8% $13 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $46,400 -- $43 / 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 $2,621 $211,197 $17,779 $193,418
2023 $3,609 $195,227 $17,779 $177,448
2022 $3,266 $176,215 $17,779 $158,436
2021 $3,018 $163,133 $17,779 $145,354
2020 $3,009 $163,133 $17,779 $145,354
2019 $2,887 $151,131 $17,779 $133,352
2018 $2,795 $148,812 $15,460 $133,352
2017 $0 $0 $0 $0
2016 $1,096 $58,136 $8,000 $50,136
2015 $1,096 $58,136 $8,000 $50,136
2014 $1,129 $58,136 $8,000 $50,136
2013 $1,099 $54,856 $8,000 $46,856
Source: Public Records

Agents Affiliated with this Home

  • Michael Proffitt

    Seller's Agent in 2016

    Michael Proffitt

    Great Places Realty

    (402) 750-2438

    112 Total Sales

    Michael Proffitt
    Section Image

  • G

    Buyer's Agent in 2016

    Gary Bretschneider

    GARY BRETSCHNEIDER BROKER

    (402) 640-8720

    21 Total Sales

    Gary Bretschneider
    Section Image
See All Agents

Map

Source: Norfolk Board of REALTORS®

MLS Number: 150689

Norfolk Board of REALTORS®

APN: 590055240

Nebraska Madison County Norfolk 68701

214 E Michigan Ave, Norfolk, NE

This home is located at 214 E Michigan Ave, Norfolk, NE 68701 since 04 December 2015 and is currently estimated at $238,696, approximately $219 per square foot. This property was built in 1920. 214 E Michigan Ave is a home located in Madison County with nearby schools including Norfolk Senior High School, Christ 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.

Nearby Homes