NOT LISTED FOR SALE

501 Verges Ave Norfolk, NE 68701

Estimated Value: $206,000 - $236,000

3 Beds
2 Baths
1,824 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $157,500 $86 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,319/month

106 Days on Market

Highlights

  • Ranch Style House
  • Main Floor Bedroom
  • Living Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Central Air

About This Home

As of October 2022

Great opportunity as a single family residence or extra income with basement apartment. Currently used as an up down duplex. Large privacy yard all fenced with wood panels. Main floor laundry. Vinyl siding and a lot more. Call today for a private showing. Basement has living room 20x11, kitchen 16x7, Bedroom 16x10 which included 2 refrigerators, 2 stoves. Please show after 5:00 as day sleeper in basement. Brand new furnace & air 2022.

Last Agent to Sell the Property

Robin Jones

COLDWELL BANKER DOVER License #790278 Listed on: 05/02/2022

COLDWELL BANKER DOVER

Last Buyer's Agent

Stacy Sullivan

Real Estate Solutions Team License #20180373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1983

Lot Details

  • Wood Fence
  • Sprinkler System

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • Window Treatments
  • Living Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathrooms in Basement
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 590081829

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,427

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Age: 26-40 Yrs
  • Estimated Above Ground Sq Ft: 960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: All
  • Bedroom 2 Size: 11x11
  • Bedroom 2 Level: m
  • Bedrooms: 3
  • Family Room: Carpet
  • Dining Room: Wood, Laminate Flooring
  • Kitchen: Electric Range, Dishwasher, Refrigerator, Microwave, Wood, Laminate Flooring
  • Living Room: Vinyl
  • Kitchen Size: 12x8
  • Living Room Size: 22x11.5
  • Laundry: Main, Bedroom Level, Electric, Vinyl
  • Estimated Basement Sq Ft: 960
  • Estimated Main Sq Ft: 960
  • Has Basement: Full, Partly Finished, Sump Pump
  • Basement YN: Yes
  • Basement Bathrooms: .5
  • Bathrooms Main: 1
  • Bedroom Basement: 1
  • Main Bedroom: 2
  • Interior Special Features: Garg Dr Opener, Water Soft Own, Smoke Detector, Carbon Monoxide Detector
  • Kitchen Level: m
  • Living Room Level: m
  • Mstr Bdrm Level: m
  • Mstr Bdrm Size: 12x11.6
  • Other Rm Size1: Rec room 20x11 (b)
  • Sq Ft Above Ground: 801-1000
  • Total Bathrooms: 2
  • Estimated Total Finished Sq Ft: 1824

Exterior Features

  • Construction: Frame
  • Exterior Featur: Vinyl Siding, Gutters
  • Roof: Asphalt
  • Street Road: Paved, City Maintained
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached

Utilities

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

Lot Info

  • Landscaping: Auto Sprinkler, Wood Fence, Established Yrd, Fair
  • Lot Size: 7,247sqft
  • Parcel #: 590081829
  • Zoning: R-3

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2021
  • Taxes: 2427.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Sep 23, 2022
Sold by
Doerneman Jeanne M
Bought by
Estrada Perez Jesus and Contreras Morales Yolanda
Seller's Agent
Robin Jones
COLDWELL BANKER DOVER
Buyer's Agent
Stacy Sullivan
Real Estate Solutions Team
List Price
$170,747
Sold Price
$157,500
Premium/Discount to List
-$13,247
-7.76%
Current Estimated Value
$217,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,048
Avg. Annual Appreciation
11.29%
Original Mortgage
$50,355
Outstanding Balance
$48,615
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$168,933

Purchase Details

Closed on
Apr 25, 2017
Sold by
Doerneman Gerald L and Doerneman Jeanne M
Bought by
Doerneman Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Gehring Royce G and Gehring Marilyn A
Bought by
Doerneman Gerald L and Doerneman Jeanne M

Purchase Details

Closed on
Dec 6, 2002
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gehring Royce G and Gehring Marilyn A

Purchase Details

Closed on
Oct 10, 2002
Sold by
Stranberg David V and Stranberg Katherine R
Bought by
Wells Fargo Home Mortgage Inc
Source: Public Records

Range of Values:

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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
Estrada Perez Jesus $158,000 Stewart Title
Doerneman Jeanne M -- Stewart Title Company
Doerneman Gerald L $79,000 --
Gehring Royce G $53,000 --
Wells Fargo Home Mortgage Inc $45,552 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Perez Jesus $50,355
Previous Owner Doerneman Jeanne M $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $157,500 -3.3% $86 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $162,900 -4.6% $89 / Sq Ft
05/02/2022 05/02/22 For Sale $170,747 -- $94 / 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 $2,140 $172,287 $6,957 $165,330
2023 $2,933 $158,636 $6,957 $151,679
2022 $2,639 $142,385 $6,957 $135,428
2021 $2,427 $131,203 $6,957 $124,246
2020 $2,231 $120,944 $6,957 $113,987
2019 $2,130 $111,532 $6,957 $104,575
2018 $2,021 $107,587 $6,957 $100,630
2017 $1,875 $99,692 $6,957 $92,735
2016 $1,879 $99,692 $6,957 $92,735
2015 $1,879 $99,692 $6,957 $92,735
2014 $1,773 $91,331 $6,478 $84,853
2013 $1,719 $85,780 $6,478 $79,302
Source: Public Records

Agents Affiliated with this Home

  • Robin Jones

    Seller's Agent in 2022

    Robin Jones

    COLDWELL BANKER DOVER

    (402) 750-6683

    33 in this area

    61 Total Sales

    Robin Jones
    Section Image
  • Stacy Sullivan

    Buyer's Agent in 2022

    Stacy Sullivan

    Real Estate Solutions Team

    (402) 992-2598

    201 in this area

    272 Total Sales

    Stacy Sullivan
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 220304

Norfolk Board of REALTORS®

APN: 590081829

Nebraska Madison County Norfolk 68701

501 Verges Ave, Norfolk, NE

This home is located at 501 Verges Ave, Norfolk, NE 68701 since 02 May 2022 and is currently estimated at $217,548, approximately $119 per square foot. This property was built in 1983. 501 Verges Ave is a home located in Madison County with nearby schools including Norfolk Senior High School, Keystone Christian Academy, and St. Paul's Lutheran 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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