NOT LISTED FOR SALE

502 May Ave Gibbon, NE 68840

Estimated Value: $207,000 - $246,000

4 Beds
1 Bath
2,974 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $202,900 $68 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,503/month

Highlights

  • Formal Dining Room
  • Covered Deck
  • Storage Shed
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2023

Beautifully maintained yard and home. Covered front porch, large garden shed with loft, and oversized 2-car garage (24x30). Newer roof, gutters, siding, and a/c unit. The home features three bedrooms on the main floor with one upstairs. The unfinished attic area has huge potential. There is an additional shower and wash tub in the basement.

Last Agent to Sell the Property

Laci Bentley

NP Realty, Inc. Listed on: 09/12/2023

Last Buyer's Agent

Susan Gierhan

Coldwell Banker Town & Country License #0970518

Coldwell Banker Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 168x132
  • Sprinkler System
  • Property is zoned R1

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,974 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Fire and Smoke Detector
  • Electric Range
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 640285000
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,524

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 502 May Avenue
  • Age: 61+
  • Estimated Above Ground Sq Ft: 2076
  • Date Entered: 2023-09-12
  • Ext Finish And Features: Vinyl Siding, Covered Deck
  • For Sale By Owner: No
  • Geo Address Line: 502 May Ave
  • Geo Primary City: Gibbon
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Geo Zoom Level: 16
  • Warranty: No
  • Interior Special Features: Smoke Detector
  • Percent Orig Prc To Sold Prc: 1.02
  • Price per Sq Ft: 97.74
  • Restricted Covenant: No
  • Selling Agent1: 10
  • Selling Office1: 3
  • Building Style: 1.5
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Basement Sq Ft: 898
  • Estimated Main Sq Ft: 1746
  • Estimated Upper Sq Ft: 330
  • Has Basement: Partial, Sump Pump
  • Basement YN: Yes
  • Bathrooms Main: 1
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: Formal, Carpet
  • Foreclosure: No
  • Heating Cooling: Gas Forced Air, Central Air
  • Dining Kitchen: Electric Range, Refrigerator, Pantry, Laminate
  • Laundry: Main
  • Living Room: Carpet
  • Sq Ft Above Ground: 2001-2300
  • Total Bathrooms: 1
  • Total Square Footage: 2974
  • Basement Type: SINGLE FAMILY
  • Window Coverings: All

Exterior Features

  • Exterior Construction: Frame
  • Out Buildings: Storage Shed
  • Roof: Asphalt
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Gas

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 3524.40

Lot Info

  • Geo Update Timestamp: 2023-09-12
  • Lot Size: 168x132
  • Parcel #: 640285000
  • Zoning: R1

Green Features

  • Green Landscaping: Auto Under sprinkler, Established Yard

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 26, 2023
Sold by
Mcconnell Mark C and Mcconnell Glennadele
Bought by
Millsap Boyd J and Millsap Michelle L
Seller's Agent
Laci Bentley
NP Realty, Inc.
Buyer's Agent
Susan Gierhan
Coldwell Banker Town & Country
List Price
$199,900
Sold Price
$202,900
Premium/Discount to List
$3,000
1.5%
Views
30
Current Estimated Value
$229,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,479
Avg. Annual Appreciation
9.07%
Original Mortgage
$199,224
Outstanding Balance
$196,413
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$42,256
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
Millsap Boyd J $203,000 Central Nebraska Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millsap Boyd J $199,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $202,900 +1.5% $68 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $199,900 -- $67 / Sq Ft
Source: REALTORS® of Greater Mid-Nebraska

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 $3,367 $207,845 $23,000 $184,845
2024 $3,367 $198,400 $23,000 $175,400
2023 $4,004 $201,775 $23,000 $178,775
2022 $3,524 $175,900 $23,000 $152,900
2021 $3,268 $159,765 $23,000 $136,765
2020 $3,236 $159,885 $23,000 $136,885
2019 $3,492 $170,080 $23,000 $147,080
2018 $2,770 $135,280 $23,000 $112,280
2017 $2,689 $135,040 $23,000 $112,040
2016 $1,907 $100,000 $23,000 $77,000
2015 $1,799 $92,750 $0 $0
2014 $1,941 $91,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laci Bentley

    NP Realty, Inc.

    (308) 440-2523

    47 Total Sales

    Laci Bentley
    Section Image

  • S

    Buyer's Agent in 2023

    Susan Gierhan

    Coldwell Banker Town & Country

    (308) 440-9768

    49 Total Sales

    Susan Gierhan
    Section Image
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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20231117

APN: 640285000

Nebraska Buffalo County Gibbon 68840

502 May Ave, Gibbon, NE

This home is located at 502 May Ave, Gibbon, NE 68840 since 12 September 2023 and is currently estimated at $229,379, approximately $77 per square foot. This property was built in 1920. 502 May Ave is a home located in Buffalo County with nearby schools including Gibbon Elementary School and Gibbon High School.

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