NOT LISTED FOR SALE

503 E 23rd St Kearney, NE 68847

Estimated Value: $228,676 - $355,000

7 Beds
4 Baths
6,750 Sq Ft
$40/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $325,000 $48 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,674/month

497 Days on Market

About This Home

As of February 2025

R-3 Zoned Duplex Located in Area 5 of the Community Redevelopment Authority of the City of Kearney. Property Consists of 2 units containing 5 bedrooms (2+3 non-conforming), 2 bathrooms with 1536 sqft/unit. Newer siding & vinyl windows. Unit #1 rents for $1,000. per month and Unit #2 rents for $1,400. per month. Tenants in place so please allow 24 hrs. notice to show.

Last Agent to Sell the Property

Patrick Slack

C21 Midlands Listed on: 09/11/2023

Last Buyer's Agent

Drew Zaruba

C21 Midlands License #20210556

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1975

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 90' x 75'

Home Design

  • Duplex
  • Raised Ranch Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 600348000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,156

Year Built

Built in 1975

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 503-505 E 23rd Street
  • For Sale By Owner: No
  • Geo Address Line: 503 E 23rd St # 505
  • Geo Primary City: Kearney
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Restricted Covenant: Call Listing Office
  • Selling Agent1: 1766
  • Selling Office1: 5
  • Building Style: Raised Ranch
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: Seven +
  • Foreclosure: No
  • Basement Type: DUPLEX
  • Basement Bathrooms: Four

Garage/Parking

  • Garage Capacity: None
  • Garage Type: None
  • Parking: Street and Off-Street

Utilities

  • Utilities: Separate
  • Water and Sewer: City Water, City Sewer

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: $3156.56

Schools

  • School District: Kearney 7, 10-0007

Lot Info

  • Lot Size: 90' x 75'
  • Parcel #: 600348000
  • Zoning: R-3
  • Lot Sq Ft: 6,750

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Feb 27, 2025
Sold by
Hofferber Eugene C and Hofferber Lynette K
Bought by
Antelope Homes Llc
Seller's Agent
Patrick Slack
C21 Midlands
Buyer's Agent
Drew Zaruba
C21 Midlands
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%
Views
391
Current Estimated Value
$273,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,831
Avg. Annual Appreciation
-20.20%
Original Mortgage
$0
Interest Rate
7.04%

Purchase Details

Closed on
Dec 28, 2020
Sold by
Nielsen Contracting Llc
Bought by
Hofferber Brent L and Hofferber Carolyn L

Purchase Details

Closed on
Jun 20, 2011
Sold by
Emery-Flood Linda L and Flood Steve
Bought by
Hofferber Eugene C and Hofferber Lynette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Antelope Homes Llc $325,000 None Listed On Document
Hofferber Brent L $120,000 Ne Title
Hofferber Eugene C $131,500 Barney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Antelope Homes Llc $0
Open Antelope Homes Llc $65,000
Previous Owner Hofferber Eugene C $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $325,000 -3.0% $48 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $334,900 -1.5% $50 / Sq Ft
11/04/2024 11/04/24 For Sale $339,900 0.0% $50 / Sq Ft
11/04/2024 11/04/24 Price Changed $339,900 -2.9% $50 / Sq Ft
11/02/2024 11/02/24 Off Market $349,900 -- --
11/02/2024 11/02/24 Off Market $325,000 -- --
06/28/2024 06/28/24 Price Changed $349,900 -2.8% $52 / Sq Ft
06/19/2024 06/19/24 Price Changed $359,900 -1.3% $53 / Sq Ft
04/04/2024 04/04/24 For Sale $364,500 0.0% $54 / Sq Ft
04/04/2024 04/04/24 Price Changed $364,500 +12.2% $54 / Sq Ft
03/13/2024 03/13/24 Off Market $325,000 -- --
02/04/2024 02/04/24 Off Market $374,500 -- --
11/06/2023 11/06/23 Price Changed $374,500 -5.1% $55 / Sq Ft
09/11/2023 09/11/23 For Sale $394,500 -- $58 / 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 $2,852 $202,390 $28,595 $173,795
2024 $2,852 $212,360 $27,765 $184,595
2023 $3,157 $185,470 $27,765 $157,705
2022 $2,780 $158,405 $26,925 $131,480
2021 $2,597 $150,585 $26,140 $124,445
2020 $2,570 $148,595 $28,415 $120,180
2019 $1,163 $66,435 $28,765 $37,670
2018 $2,821 $163,410 $28,765 $134,645
2017 $2,181 $127,170 $28,765 $98,405
2016 $2,568 $151,015 $28,765 $122,250
2015 $2,580 $148,340 $0 $0
2014 $2,505 $131,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20231110

APN: 600348000