NOT LISTED FOR SALE

407 E Prospect Ave Norfolk, NE 68701

Estimated Value: $272,000 - $298,689

3 Beds
2 Baths
1,108 Sq Ft
$254/Sq Ft Est. Value

Last Sold January 15, 2015

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

Est. 230% increase in value since last sale

Current estimated payment $1,666/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

  • 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
$281,672

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
11.45%
Original Mortgage
$120,000
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Funk Kenneth B $86,000 Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Funk Kenneth B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $2,485 $215,272 $11,130 $204,142
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

    74 in this area

    110 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

Not Listed for Sale

Detached

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