NOT LISTED FOR SALE

350 W 5th St Cortland, NE 68331

Estimated Value: $166,000 - $206,000

2 Beds
1 Bath
1,069 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2024

Last sale price $145,000 $136 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,120 / mo

33 Days on Market

Highlights

  • Ranch Style House
  • Engineered Wood Flooring
  • No HOA
  • Norris Elementary School Rated A-
  • Corner Lot
  • Porch

About This Home

As of January 2024

Excellent Investor Opportunity in Norris School District! Nice slab on grade ranch home on a corner lot has 2 bedrooms and 1 bath with a bonus den or office and a spacious mud room/laundry off the garage. Light Oak laminate flooring in the living & dining rooms, kitchen, hall and bonus room. Bathroom contains a walk-in shower. Roof is approx. 15 yrs old, Furnace & water heater were replaced in 2011 and new garage door has just been installed. Gas range has recently been replaced. A nice-sized shed sits in the back yard. Home is currently occupied by a long-term tenant with lease expiring April 2026. Monthly rent is $1,000. Schedule your showing today for a great property in the very sought after Norris District!

Last Agent to Sell the Property

Kayla Bates Dickinson

HOME Real Estate License #20200521 Listed on: 11/10/2023

HOME Real Estate

Last Buyer's Agent

Kayla Bates Dickinson

HOME Real Estate License #20200521 Listed on: 11/10/2023

HOME Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,045

Year Built

  • Built in 1987

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,069 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • City Lot

Schools

  • Norris Elementary And Middle School
  • Norris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cortland Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007276000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,045

Year Built

Built in 1987

Lot Details

9,000 Sq Ft Lot

Parking

1

Listing Details

  • Parcel Number: 007276000
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 90 x 100
  • Ownership: Fee Simple
  • Subdivision Name: Cortland Original
  • Directions: Let GPS get you there.
  • Above Grade Finished Sq Ft: 1069
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Home is in good condition, however, the long-term tenant has recently lost his wife and the property is full of personal affects and not "photography ready". A few photos provided by the owner are available should you have an interested buyer. Contact me at 402-560-3003.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Range - Cooktop + Oven, Refrigerator
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Engineered Wood
  • Living Area: 1069
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Features: Engineered Wood
  • Bedroom 1 Features: Wall/Wall Carpeting, Ceiling Fan(s)
  • Dining Room Features: Engineered Wood
  • Living Room Features: Ceiling Fan(s), Engineered Wood
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Features: Wall/Wall Carpeting, Ceiling Fan(s)

Exterior Features

  • Foundation Details: Slab
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Wood, Brick/Other
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Laundry Features: Vinyl Floor
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available, Cable TV
  • Water Source: Public

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: Up to 1/4 Acre., City Lot, Corner Lot
  • Lot Size Sq Ft: 9000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2045

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 26, 2024
Sold by
Davis Joachim D and Davis Kimberly
Bought by
Deboer Dave A and Deboer Danelle I
Seller's Agent
Kayla Bates Dickinson
HOME Real Estate
Buyer's Agent
Kayla Bates Dickinson
HOME Real Estate
List Price
$145,000
Sold Price
$145,000
Views
253
Current Estimated Value
$183,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,047
Avg. Annual Appreciation
10.66%
Original Mortgage
$126,402
Outstanding Balance
$123,789
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$59,258

Purchase Details

Closed on
May 1, 2018
Sold by
Coburn Roger D
Bought by
Davis Joachim and Davis Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,277
Interest Rate
4.45%
Mortgage Type
Commercial
Source: Public Records
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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
Deboer Dave A $145,000 Home Services Title
Davis Joachim $70,000 Nebraska Title Company
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
Open Deboer Dave A $126,402
Previous Owner Davis Joachim $72,277
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $145,000 0.0% $136 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $145,000 -- $136 / Sq Ft
Source: Great Plains Regional MLS

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 $1,731 $155,015 $18,750 $136,265
2023 $1,659 $101,120 $9,000 $92,120
2022 $1,707 $89,105 $9,000 $80,105
2021 $1,649 $85,290 $9,000 $76,290
2020 $1,679 $85,290 $9,000 $76,290
2019 $1,702 $85,290 $9,000 $76,290
2018 $2,014 $100,570 $9,000 $91,570
2017 $1,809 $96,210 $9,000 $87,210
2016 $1,776 $96,210 $9,000 $87,210
2015 -- $96,210 $9,000 $87,210
2014 -- $96,210 $9,000 $87,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22326574

Great Plains Regional MLS

APN: 007276000

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