NOT LISTED FOR SALE

407 E Prospect Ave Norfolk, NE 68701

Estimated Value: $255,000 - $316,498

3 Beds
2 Baths
1,108 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $85,300 $77 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,696/month

17 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Central Air
  • Ranch Style House
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of January 2015

Great starter home of flipping project. 3 bedroom 2 bath ranch style home with deck, fenced yard and finished basement. Save $$$$ and finish it to your tastes. Being sold "As Is"

Last Agent to Sell the Property

Michael Proffitt

Great Places Realty License #20090017 Listed on: 12/19/2014

Last Buyer's Agent

Michael Proffitt

Great Places Realty License #20090017 Listed on: 12/19/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1977

Lot Details

  • 7,971

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Composition Shingle Roof
  • Hardboard

Interior Spaces

  • 1,108 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Bathrooms

Finished Basement

  • Partial Basement
  • Laundry in Basement
  • 1 Bathrooms in Basement

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Chain Link Fence

Listing and Financial Details

  • Assessor Parcel Number 590038419

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Age: 26-40 Yrs
  • Estimated Above Ground Sq Ft: 1108
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace: One, Woodburning
  • Window Coverings: All
  • Bedrooms: 3
  • Family Room: Carpet
  • Dining Room: Kit/Din Combo
  • Kitchen: Dishwasher, Garbage Disposl, Eat-In, Vinyl
  • Living Room: Fireplace, Carpet
  • Laundry: Basement
  • Estimated Basement Sq Ft: 1108
  • Estimated Main Sq Ft: 1108
  • Has Basement: Partial, Fully Finished
  • Basement YN: Yes
  • Basement Bathrooms: .5
  • Bathrooms Main: 1
  • Main Bedroom: 3
  • Sq Ft Above Ground: 1001-1200
  • Total Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior Featur: Brick, Hardboard, Deck, Gutters, Storm Doors
  • Roof: Comp/Shingle
  • Street Road: City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Attached

Utilities

  • Heating Cooling: Gas Forced Air, Central Air
  • Utilities: City Water, City Sewer, Natural Gas, Electricity, Cable Tv, Telephone

Schools

  • Elementary School: Norfolk
  • Middle School: Norfolk
  • High School: Norfolk
  • Senior High School: Norfolk

Lot Info

  • Landscaping: Chain Fence, Established Yrd, Fair
  • Lot Size: 50x159
  • Parcel #: 590038419
  • Zoning: R1

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2014
  • Taxes: $1788.44

MLS Schools

  • Elementary School: Norfolk
  • Jr High School: Norfolk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Funk Kenneth B and Funk Rozanne M
Bought by
Ramsgate Llc
Current Estimated Value
$273,125

Purchase Details

Listed on
Dec 19, 2014
Closed on
Jan 14, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Funk Kenneth B and Funk Rozanne M
Seller's Agent
Michael Proffitt
Great Places Realty
Buyer's Agent
Michael Proffitt
Great Places Realty
List Price
$84,700
Sold Price
$85,300
Premium/Discount to List
$600
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$120,000
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Ramsgate Llc $131,000 American Title & Escrow Co
Funk Kenneth B $86,000 Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson John $213,600
Previous Owner Funk Kenneth B $120,000
Previous Owner Potthast Michael R $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $85,300 +0.7% $77 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $84,700 -- $76 / 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 $2,485 $200,150 $11,130 $189,020
2023 $3,412 $184,543 $11,130 $173,413
2022 $3,076 $165,963 $11,130 $154,833
2021 $2,834 $153,179 $11,130 $142,049
2020 $2,043 $110,746 $11,130 $99,616
2019 $1,911 $100,073 $11,130 $88,943
2018 $1,759 $93,658 $11,130 $82,528
2017 $1,761 $93,658 $11,130 $82,528
2016 $1,588 $84,288 $11,130 $73,158
2015 $1,589 $84,288 $11,130 $73,158
2014 $1,836 $94,603 $11,130 $83,473
2013 $1,846 $92,132 $6,462 $85,670
Source: Public Records

Agents Affiliated with this Home

  • Michael Proffitt

    Seller's Agent in 2015

    Michael Proffitt

    Great Places Realty

    (402) 750-2438

    112 Total Sales

    Michael Proffitt
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 140781

Norfolk Board of REALTORS®

APN: 590038419

Nebraska Madison County Norfolk 68701

407 E Prospect Ave, Norfolk, NE

This home is located at 407 E Prospect Ave, Norfolk, NE 68701 since 19 December 2014 and is currently estimated at $273,125, approximately $246 per square foot. This property was built in 1977. 407 E Prospect Ave is a home located in Madison County with nearby schools including Norfolk Senior High School, Keystone Christian Academy, and Park Avenue Christian 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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