NOT LISTED FOR SALE

3609 Madison Ave Lincoln, NE 68504

University Place Neighborhood

Estimated Value: $210,000 - $240,730

2 Beds
2 Baths
1,640 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $205,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,465/month

1 Day on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Attached Garage

About This Home

As of August 2022

Welcome home! This 2 bedroom, 2 bathroom area home, with a 1 car garage and covered porch area is located in north Lincoln and sits on a large corner lot. The basement has a large rec. room, a non-conforming room, and 1 of the bathroom areas. There are several updates to the home as well. These updates include a Radon System installed in 2019, a newer sewer line and newer windows. The home is a short drive from the east campus of the University of Nebraska - Lincoln and Nebraska Wesleyan University as well as many options for dining and shopping experiences. Call today to schedule your showing!

Last Agent to Sell the Property

Kristen Reimers

RE/MAX Concepts Brokerage Phone: 402-470-1877 License #20130479 Listed on: 07/08/2022

RE/MAX Concepts

Last Buyer's Agent

Karen Mayo

BancWise Realty License #20110368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1976

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Huntington Elementary School
  • Dawes Middle School
  • Lincoln Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • South Kensington Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1718218006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1718218006000
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 142
  • Ownership: Fee Simple
  • Subdivision Name: SOUTH KENSINGTON ADD
  • Directions: Please use GPS
  • Above Grade Finished Sq Ft: 840
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-470-1877
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Appliances: Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 800
  • Fireplace: No
  • Living Area: 1640
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Home Warranty: No
  • Patio And Porch Features: Patio, Covered Patio
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Lincoln Northeast
  • Elementary School: Huntington
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Dawes

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2756.56

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Saunders Zane and Windle Zoe
Bought by
Saunders Zane
Current Estimated Value
$229,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 19, 2022
Sold by
Smith Tommy L and Smith Cheryl L
Bought by
Saunders Zane and Windle Zoe
Seller's Agent
Kristen Reimers
RE/MAX Concepts
Buyer's Agent
Karen Mayo
BancWise Realty
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$198,850
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2018
Closed on
Apr 5, 2019
Sold by
Compton Jama L
Bought by
Smith Tommy L and Smith Chery L
Seller's Agent
Jim Swanson
HOME Real Estate
Buyer's Agent
Kristen Reimers
RE/MAX Concepts
List Price
$145,000
Sold Price
$131,900
Premium/Discount to List
-$13,100
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$105,520
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Saunders Zane $104,000 None Listed On Document
Saunders Zane $205,000 Charter Title & Escrow
Smith Tommy L $132,000 Nebraska Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Zane $199,000
Previous Owner Saunders Zane $198,850
Previous Owner Smith Tommy L $105,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $205,000 +2.5% $125 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $200,000 +51.6% $122 / Sq Ft
04/09/2019 04/09/19 Sold $131,900 -9.0% $80 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $145,000 -- $88 / 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
2024 $2,565 $185,600 $29,800 $155,800
2023 $3,111 $185,600 $29,800 $155,800
2022 $2,914 $146,200 $25,500 $120,700
2021 $2,757 $146,200 $25,500 $120,700
2020 $2,354 $123,200 $25,500 $97,700
2019 $2,354 $123,200 $25,500 $97,700
2018 $0 $125,100 $25,500 $99,600
2017 $0 $125,100 $25,500 $99,600
2016 $0 $107,500 $21,300 $86,200
2015 -- $107,500 $21,300 $86,200
2014 -- $109,600 $21,300 $88,300
2013 -- $109,600 $21,300 $88,300
Source: Public Records

Agents Affiliated with this Home

  • Kristen Reimers

    Seller's Agent in 2022

    Kristen Reimers

    RE/MAX Concepts

    (402) 470-1877

    5 in this area

    149 Total Sales

    Kristen Reimers
    Section Image
  • Karen Mayo

    Buyer's Agent in 2022

    Karen Mayo

    BancWise Realty

    (402) 641-5247

    1 in this area

    43 Total Sales

    Karen Mayo
    Section Image
  • Jim Swanson

    Seller's Agent in 2019

    Jim Swanson

    HOME Real Estate

    (402) 436-3232

    1 in this area

    43 Total Sales

    Jim Swanson
    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: 22216200

Great Plains Regional MLS

APN: 17-18-218-006-000

Nebraska Lancaster County Lincoln 68504 University Place

3609 Madison Ave, Lincoln, NE

This home is located at 3609 Madison Ave, Lincoln, NE 68504 since 08 July 2022 and is currently estimated at $229,683, approximately $140 per square foot. This property was built in 1976. 3609 Madison Ave is a home located in Lancaster County with nearby schools including Huntington Elementary School, Dawes Middle School, and Lincoln Northeast High 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.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
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.
Copyright 2025, Great Plains Regional MLS LLC

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