$166,500
SOLD JUN 12, 2025

500 Elm Ave Norfolk, NE 68701

2 Beds
1 Bath
1,024 Sq Ft
11,369 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

5% Below List Price

135 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Central Air
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Combination Dining and Living Room

About This Home

As of June 2025

Hurry up and get this one while it lasts!!! Super nice bungalow on a large R3 corner lot with lots of room for a second unit or garage. Home is well cared for and features a modern kitchen, updated siding, windows, electrical, paint and flooring. This home is super nice and move in ready. Welcome in 2025 in a new home!!!

Last Agent to Sell the Property

Michael Proffitt

Great Places Realty License #20090017 Listed on: 12/24/2024

Last Buyer's Agent

Tami White

Berkshire Hathaway Home Services Amb RE Norfolk License #20160520

Berkshire Hathaway Home Services Amb RE Norfolk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Lot Details

  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 590081403

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Lot Details

0.26 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1024
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: All
  • Bedrooms: 2
  • Dining Room: Liv/Din Combo, Luxury Vinyl
  • Kitchen: Electric Range, Refrigerator, Eat-In, Vinyl
  • Living Room: Luxury Vinyl
  • Laundry: Basement, Electric
  • Estimated Basement Sq Ft: 1024
  • Estimated Main Sq Ft: 1024
  • Has Basement: Full
  • Basement YN: Yes
  • Bathrooms Main: 1
  • Main Bedroom: 2
  • Interior Special Features: Smoke Detector, Carbon Monoxide Detector
  • Sq Ft Above Ground: 1001-1200
  • Sq Ft Assessment from County: YES
  • Total Bathrooms: 1
  • Estimated Total Finished Sq Ft: 1024

Exterior Features

  • Construction: Frame
  • Exterior Featur: Vinyl Siding, Gutters
  • Roof: Comp/Shingle
  • Street Road: Paved, City Maintained, Alley Access, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached

Utilities

  • Water Heater: Electric
  • 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, Good
  • Lot Size: 11352
  • Parcel #: 590081403
  • Zoning: R3

Building Info

  • Year Built: 1026

Tax Info

  • Year: 2023
  • Taxes: 1324.08

MLS Schools

  • Elementary School: Norfolk
  • Jr High School: Norfolk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
Jun 5, 2025
Sold by
Merkel Darold H and Merkel Diana L
Bought by
Machado Cesar D Gutierrez
Seller's Agent
Michael Proffitt
Great Places Realty
Buyer's Agent
Tami White
Berkshire Hathaway Home Services Amb RE Norfolk
List Price
$174,500
Sold Price
$166,500
Premium/Discount to List
-$8,000
-4.58%
Views
118
Current Estimated Value
$168,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,979
Avg. Annual Appreciation
1.55%
Original Mortgage
$8,325
Outstanding Balance
$4,221
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$164,258

Purchase Details

Listed on
Dec 24, 2024
Closed on
Jun 2, 2025
Sold by
Legacy Title Llc
Bought by
Merkel Darold and Merkel Diana
Seller's Agent
Michael Proffitt
Great Places Realty
Buyer's Agent
Tami White
Berkshire Hathaway Home Services Amb RE Norfolk
List Price
$174,500
Sold Price
$166,500
Premium/Discount to List
-$8,000
-4.58%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,325
Outstanding Balance
$4,221
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$164,258
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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 Type Sale Price Title Company
Warranty Deed $166,500 American Title
Warranty Deed $166,500 American Title
Quit Claim Deed -- Lakeview Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,325 FHA
Closed $8,325 FHA
Open $163,483 FHA
Closed $163,483 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2025 06/12/25 Sold $166,500 +1.0% $163 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $164,900 -2.9% $161 / Sq Ft
01/28/2025 01/28/25 Price Changed $169,900 -2.6% $166 / Sq Ft
12/24/2024 12/24/24 For Sale $174,500 -- $170 / Sq Ft
Source: Norfolk Board of REALTORS®

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 $1,059 $125,844 $10,898 $114,946
2024 $1,059 $84,747 $10,898 $73,849
2023 $1,399 $75,678 $10,898 $64,780
2022 $1,274 $68,737 $10,898 $57,839
2021 $1,157 $62,540 $10,898 $51,642
2020 $1,051 $57,007 $10,898 $46,109
2019 $995 $52,067 $10,898 $41,169
2018 $949 $50,512 $10,898 $39,614
2017 $892 $47,407 $10,898 $36,509
2016 $893 $47,407 $10,898 $36,509
2015 $894 $47,407 $10,898 $36,509
2014 $617 $31,772 $10,764 $21,008
2013 $609 $30,398 $10,764 $19,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 240834

Norfolk Board of REALTORS®

APN: 590081403

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