NOT LISTED FOR SALE

4518 Madison Ave Lincoln, NE 68504

University Place Neighborhood

Estimated Value: $208,000 - $252,000

4 Beds
2 Baths
1,666 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $40,000 $24 Per Sq Ft

Est. 486% increase in value since last sale

Current estimated payment $1,528/month

221 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • Window Unit Cooling System
  • Traditional Architecture
  • No HOA
  • Heating System Uses Gas

About This Home

As of January 2015

Fixer upper with new furnace 2012. 2 story home with basement and alley access or conversion duplex-is now. Roof less than 12 years old. Month to month tenants. Great investment. Close to campus. Nifa target area. Consider FHA 203K or Conventional rehab loan to make this property an even more excellent investment.

Last Agent to Sell the Property

Kimberlee Johnson

HOME Real Estate License #20020790 Listed on: 05/08/2014

Last Buyer's Agent

Kimberlee Johnson

HOME Real Estate License #20020790 Listed on: 05/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 142

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Second Kitchen
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1717111008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,015

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1717111008000
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Prop. Type: Residential
  • Lot Size: 50 x 142
  • Directions: N. 48th to Madison, turn west to 4518 Madison
  • Above Grade Finished Sq Ft: 1666
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1666
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Other
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Bedroom3 Level: 2nd Floor
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: Main Floor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Other
  • Home Warranty: No
  • Construction Type: Frame
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Other
  • Heating Yn: Yes

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.
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2017
Sold by
Nguyen Hien and Do Huomng
Bought by
Wiebelhaus Martin
Current Estimated Value
$234,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Listed on
May 8, 2014
Closed on
Jan 7, 2015
Sold by
Ipson Dale and Ipson Gordon Y
Bought by
Nguyen Hien
Seller's Agent
Kimberlee Johnson
HOME Real Estate
Buyer's Agent
Kimberlee Johnson
HOME Real Estate
List Price
$58,731
Sold Price
$40,000
Premium/Discount to List
-$18,731
-31.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%
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
Wiebelhaus Martin $59,000 None Available
Nguyen Hien $40,000 Nebraska Land Title & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiebelhaus Martin $97,500
Closed Wiebelhaus Martin $29,000
Closed Wiebelhaus Martin $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2015 01/14/15 Sold $40,000 -31.9% $24 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $58,731 -- $35 / 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 $3,015 $206,400 $45,000 $161,400
2023 $2,430 $145,000 $45,000 $100,000
2022 $2,049 $102,800 $30,000 $72,800
2021 $1,938 $102,800 $30,000 $72,800
2020 $1,252 $65,500 $30,000 $35,500
2019 $1,013 $53,000 $30,000 $23,000
2018 $1,017 $53,000 $30,000 $23,000
2017 $736 $38,000 $30,000 $8,000
2016 $740 $38,000 $30,000 $8,000
2015 $735 $38,000 $30,000 $8,000
2014 $1,167 $60,000 $30,000 $30,000
2013 -- $60,000 $30,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kimberlee Johnson

    HOME Real Estate

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Map

Source: Great Plains Regional MLS

MLS Number: L10114256

Great Plains Regional MLS

APN: 17-17-111-008-000

Nebraska Lancaster County Lincoln 68504 University Place

4518 Madison Ave, Lincoln, NE

This home is located at 4518 Madison Ave, Lincoln, NE 68504 since 08 May 2014 and is currently estimated at $234,415, approximately $140 per square foot. This property was built in 1910. 4518 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.

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