NOT LISTED FOR SALE

310 N 9th St Norfolk, NE 68701

Estimated Value: $255,757 - $303,000

7 Beds
5 Baths
1,918 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $129,500 $68 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,694/month

8 Days on Market

About This Home

As of May 2019

Here is your chance to get into the residential rental business or to expand your existing operation. The property consist of 7 apartments 4 bedroom and 3 dorm style efficiency units. The property has two more potential rental units with addition of egress windows, or conversion to studio configuration. Potential gross rent for this property is over $3,000 per month. Call me today for a private showing.

Last Agent to Sell the Property

Russ Wilcox

Real Estate Solutions Team License #20170232 Listed on: 03/21/2019

Last Buyer's Agent

Megan Eckert

INSPIRE HOME & LAND REALTY License #20110204

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1918

Lot Details

  • 6,447

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, cable
  • The owner pays for water, garbage, common area onl
  • Assessor Parcel Number 590053256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: 2
  • Miscellaneous: Separate Meters, Common Wtr Htr, Individual Heat, Individual Air
  • Safety Features: Smoke Detector
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Applies To All
  • Bedrooms: 7
  • Bathrooms: 5
  • Has Basement: Yes
  • Stories: Two
  • Unit Features: Inside Util Rm, Comn Outsid Ent, Private Bath, Shared Bath

Exterior Features

  • Construction: Frame
  • Roof: Asphalt

Garage/Parking

  • Garage Type: None
  • Utilities Paid By Owner: Water, Garbage, Common Area Onl
  • Utilities Paid By Renter: Electricity, Cable
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: Separate

Lot Info

  • Parcel #: 590053256

Building Info

  • Year Built: 1918

Tax Info

  • Year: 2018
  • Taxes: $3,579.48

Multi Family

  • Income Rent: $2,650.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 8, 2019
Sold by
Scheffler Jeremy D
Bought by
M & L Apartments Llc
Seller's Agent
Russ Wilcox
Real Estate Solutions Team
Buyer's Agent
Megan Eckert
INSPIRE HOME & LAND REALTY
List Price
$129,500
Sold Price
$129,500
Current Estimated Value
$277,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,689
Avg. Annual Appreciation
11.19%
Original Mortgage
$129,500
Outstanding Balance
$114,817
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$138,663

Purchase Details

Closed on
Sep 24, 2002
Sold by
Dietz Philip L and Dietz Alice L
Bought by
Scheffler Jerald L
Source: Public Records

Range of Values:

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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
M & L Apartments Llc $130,000 Stewart Title Norfolk
Scheffler Jerald L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & L Apartments Llc $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $129,500 0.0% $68 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $129,500 -- $68 / 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 $2,335 $188,128 $12,932 $175,196
2023 $3,211 $173,662 $12,932 $160,730
2022 $2,948 $159,050 $12,932 $146,118
2021 $2,590 $139,991 $12,932 $127,059
2020 $2,389 $129,500 $12,932 $116,568
2019 $2,473 $129,500 $12,932 $116,568
2018 $3,579 $190,547 $12,932 $177,615
2017 $2,828 $150,349 $10,009 $140,340
2016 $2,385 $126,545 $8,424 $118,121
2015 $2,385 $126,545 $8,424 $118,121
2014 $2,456 $126,545 $8,424 $118,121
2013 $2,536 $126,545 $8,424 $118,121
Source: Public Records

Agents Affiliated with this Home

  • Russ Wilcox

    Seller's Agent in 2019

    Russ Wilcox

    Real Estate Solutions Team

    (402) 841-2116

    107 Total Sales

    Russ Wilcox
    Section Image
  • Megan Eckert

    Buyer's Agent in 2019

    Megan Eckert

    INSPIRE HOME & LAND REALTY

    (402) 841-9947

    152 Total Sales

    Megan Eckert
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 180983

Norfolk Board of REALTORS®

APN: 590053256

Nebraska Madison County Norfolk 68701

310 N 9th St, Norfolk, NE

This home is located at 310 N 9th St, Norfolk, NE 68701 since 21 March 2019 and is currently estimated at $277,189, approximately $144 per square foot. This property was built in 1918. 310 N 9th St is a home located in Madison County with nearby schools including Norfolk Senior High School, Keystone Christian Academy, and St. Paul's Lutheran School.

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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