NOT LISTED FOR SALE

503 Sherman Ave Grand Island, NE 68803

Estimated Value: $175,000 - $215,000

3 Beds
1 Bath
925 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $119,000 $129 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,212/month

51 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Shed

About This Home

As of February 2018

Well maintained 3 bedroom ranch style includes a spacious kitchen, newer siding, facia, & windows, central air, over-sized single garage, fenced back yard & patio. Updates include bathroom and hot water heater 2016. Convenient location on corner lot!

Last Buyer's Agent

Brayden Snell

Berkshire Hathaway HomeServices Da-Ly Realty License #20161073

Berkshire Hathaway HomeServices Da-Ly Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1956

Lot Details

  • 7,280 Sq Ft Lot
  • Lot Dimensions are 56' x 130'
  • Chain Link Fence
  • Landscaped
  • Sprinklers on Timer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 925 Sq Ft Home
  • Blinds
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed

Schools

  • Newell Elementary School
  • Walnut Middle School
  • Grand Island Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • West Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400114747

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,501

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1671
  • Lot Size: 56' x 130'
  • Road Frontage Type: Sidewalk
  • Road Surface Type: Paved
  • Subdivision Name: West Heights
  • Above Grade Finished Sq Ft: 925
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1956
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Dishwasher, Refrigerator, Gas Water Heater
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Other Room (See Remarks)
  • Living Area: 925
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Blinds
  • Room Kitchen Area: 171.5
  • Room Bedroom2 Area: 87.5
  • Room Bedroom3 Area: 90
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Main
  • Room Living Room Area: 181.0764
  • Room Kitchen Features: Electric Range, Dishwasher, Refrigerator, Eat-in, Wood, Laminate
  • Living Room Living Room Level: Main
  • Room Master Bedroom Area: 128
  • Dining Room Features: Kitchen/Dining Combo, Wood, Laminate
  • Family Room Features: None
  • Living Room Features: Wood, Laminate
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10.6667

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Automatic Sprinkler, Established Yard, Good Quality Landscaping
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Rain Gutters
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, 1 Car, Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Main Level, Electric, Tile
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas Forced Air
  • Heating Yn: Yes
  • Utilities: Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Newell
  • High School: Grand Island Senior High
  • Middle Or Junior School: Walnut

Lot Info

  • Lot Size Sq Ft: 7280
  • Farm Land Area Units: Square Feet
  • Parcel #: 400114747
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1501.36
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Jan 16, 2018
Sold by
Kasselder Damon L
Bought by
King Ii Gary L and King Shari L
Buyer's Agent
Brayden Snell
Berkshire Hathaway HomeServices Da-Ly Realty
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$198,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,458
Avg. Annual Appreciation
6.90%
Original Mortgage
$116,844
Outstanding Balance
$99,052
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$99,406

Purchase Details

Closed on
Dec 17, 2015
Sold by
Ahrens Whitney L and Ahrens Jessica J
Bought by
Kasselder Damon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2009
Sold by
Torres Mary G
Bought by
Ahrens Whitney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,931
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2009
Sold by
Torres Mary G
Bought by
Ahrens Whitney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,931
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2007
Sold by
Torres Mary G
Bought by
Torres Mary G

Purchase Details

Closed on
Jul 17, 2007
Sold by
Neben Fred H
Bought by
Torres Mary G

Purchase Details

Closed on
Jun 29, 2005
Sold by
Schonscheck Betty J
Bought by
Torres Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,675
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2005
Sold by
Reed Betty J and Reed William M
Bought by
Torres Mary G and Neben Fred H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,675
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2003
Sold by
Wieck Elizabeth F
Bought by
Schonscheck Betty J

Purchase Details

Closed on
Jun 30, 2000
Sold by
Aguilar Richard and Aguilar Deborah J
Bought by
Wieck Elizabeth F
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
King Ii Gary L $119,000 Grand Island Abstract Escrow
Kasselder Damon L $102,000 Grand Island Abstract Escrow
Ahrens Whitney L $59,000 --
Ahrens Whitney L $59,000 --
Torres Mary G -- --
Torres Mary G -- --
Torres Mary G $56,500 --
Torres Mary G $57,000 --
Schonscheck Betty J $52,500 --
Wieck Elizabeth F $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Ii Gary L $116,844
Previous Owner Kasselder Damon L $98,400
Previous Owner Ahrens Whitney L $57,931
Previous Owner Torres Mary G $53,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $119,000 0.0% $129 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $119,000 -- $129 / Sq Ft
Source: Grand Island 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 $1,924 $131,935 $16,313 $115,622
2023 $2,336 $128,567 $16,313 $112,254
2022 $1,819 $90,519 $9,591 $80,928
2021 $1,753 $85,938 $9,591 $76,347
2020 $1,802 $85,938 $9,591 $76,347
2019 $1,815 $86,095 $9,223 $76,872
2017 $1,560 $72,058 $9,223 $62,835
2016 $1,501 $72,058 $9,223 $62,835
2015 $1,525 $72,058 $9,223 $62,835
2014 $1,529 $69,643 $9,223 $60,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Island Board of REALTORS®

MLS Number: 20171017

APN: 400114747