O
Seller's Agent in 2025
Olga Murga
BHA Real Estate
(308) 324-5581
14 in this area
17 Total Sales
501 E 5th St Lexington, NE 68850
3
Beds
2
Baths
2,082
Sq Ft
7,013
Sq Ft Lot
Highlights
- Raised Ranch Architecture
- Laundry Room
- Central Air
- 2 Car Detached Garage
- Tile Flooring
About This Home
As of September 2025Welcome to this spacious and versatile home located on a generous corner lot, offering both comfort and practicality. With 3 large bedrooms and 2 full bathrooms, this home provides ample space for everyone. Both bathrooms are equipped with walk-in showers, adding a modern and accessible touch. The open and inviting living and dining areas feature laminate flooring, creating a warm and cohesive flow throughout the main living spaces. The kitchen and laundry room are finished with tile flooring for easy maintenance and durability. One of the most unique features of this home is the presence of two fully functional kitchens, offering endless possibilities. Each room throughout the home is generously sized, providing plenty of space to spread out and make it your own. Step outside to enjoy a fully fenced-in backyard. The outdoor space is both private and expansive, with room to create your ideal backyard retreat. The property also includes a detached 2-car garage, offering secure parking and extra storage. This home combines space, flexibility, and convenience—don’t miss your chance to own this one-of-a-kind property. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,279
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50x140
- Sprinkler System
- Property is zoned SF
Parking
- 2 Car Detached Garage
Home Design
- 2,082 Sq Ft Home
- Raised Ranch Architecture
- Frame Construction
- Composition Shingle Roof
- Vinyl Siding
Kitchen
- Electric Range
- Range Hood
- Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- 1 Bathroom in Basement
Utilities
- Central Air
- Heat Pump System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 240116658
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2025
Closed on
Sep 29, 2025
Sold by
Pinedo Miguel A
Bought by
Guerra Modesto Alvarado and Ruiz Ma Matilde
Seller's Agent
Olga Murga
BHA Real Estate
Buyer's Agent
Olga Murga
BHA Real Estate
List Price
$254,800
Sold Price
$230,000
Premium/Discount to List
-$24,800
-9.73%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,417
Avg. Annual Appreciation
-6.88%
Original Mortgage
$11,500
Outstanding Balance
$8,121
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$214,462
Purchase Details
Closed on
Aug 18, 2016
Sold by
Wright Gary K and Wright Nancy L
Bought by
Pinedo Meguel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,290
Interest Rate
3.41%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Nebraska Title | |
| Warranty Deed | $63,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $11,500 | FHA | |
| Open | $218,500 | FHA | |
| Previous Owner | $63,290 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | Sold | $230,000 | -9.7% | $110 / Sq Ft |
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 05/18/2025 05/18/25 | For Sale | $254,800 | -- | $122 / Sq Ft |
Source: REALTORS® of Greater Mid-Nebraska
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 | $1,280 | $106,225 | $7,350 | $98,875 |
| 2024 | $1,280 | $100,045 | $7,350 | $92,695 |
| 2023 | $1,519 | $90,857 | $7,350 | $83,507 |
| 2022 | $1,431 | $79,032 | $7,350 | $71,682 |
| 2021 | $1,308 | $72,515 | $7,350 | $65,165 |
| 2020 | $1,315 | $72,515 | $7,350 | $65,165 |
| 2019 | $1,296 | $72,490 | $7,245 | $65,245 |
| 2018 | $1,310 | $72,490 | $7,245 | $65,245 |
| 2017 | $1,320 | $72,490 | $7,245 | $65,245 |
| 2016 | $1,019 | $72,245 | $7,000 | $65,245 |
| 2015 | $995 | $53,771 | $7,000 | $46,771 |
| 2014 | $1,060 | $53,771 | $7,000 | $46,771 |
| 2013 | -- | $53,771 | $7,000 | $46,771 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Murga
Map
Source: REALTORS® of Greater Mid-Nebraska
MLS Number: 20250593
APN: 24-0116658
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