NOT LISTED FOR SALE

504 E 1st St Unit 506 Grand Island, NE 68801

Estimated Value: $176,677 - $218,000

4 Beds
2 Baths
2,136 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $135,000 $63 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,300/month

15 Days on Market

Highlights

  • Mini Split Air Conditioners
  • Laundry Facilities
  • Mini Split Heat Pump
  • Combination Kitchen and Dining Room
  • Carpet
  • 1-Story Property

About This Home

As of February 2021

High occupancy rate with long term tenants. Each side of the duplex has two bedrooms and 1 bath.

Last Agent to Sell the Property

Amber Schuppan

Coldwell Banker Action Holdings License #20170006 Listed on: 11/13/2020

Coldwell Banker Action Holdings

Last Buyer's Agent

Amber Schuppan

Coldwell Banker Action Holdings License #20170006 Listed on: 11/13/2020

Coldwell Banker Action Holdings

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 64.4' x 66.5'

Parking

  • No Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wasmer Elementary School
  • Barr Middle School
  • Grand Island Senior High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Separate Meters
  • Shared Water Heater

Listing and Financial Details

  • Total Actual Rent $990
  • Tenant pays for gas, electricity, applies to all units
  • The owner pays for applies to all units, water, trash collection
  • Assessor Parcel Number 400006294

Community Details

Building Details

  • 2 Leased Units
  • 6 Vacant Units

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,753

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: 64.4' x 66.5'
  • Architectural Style: Ranch
  • Carport Y N: No
  • Building Stories: 1
  • Year Built: 1951
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Applies to All Units, Refrigerator, Stove, Common Water Heaters
  • Owner Pays: Applies to All Units, Water, Trash Collection
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet
  • Interior Amenities: Kitchen/Dining Combo, Private Bath
  • Living Area: 2136

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hook-ups, Common Area
  • Security: Smoke Detector(s)
  • Cooling: Individual Air Conditioner
  • Cooling Y N: Yes
  • Heating: Individual Heat
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Wasmer
  • High School: Grand Island Senior High
  • Middle Or Junior School: Barr Middle School

Lot Info

  • Lot Size Sq Ft: 4356
  • Farm Land Area Units: Square Feet
  • Parcel #: 400006294
  • Zoning: B-3
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Tenant Pays: Gas, Electricity, Applies to All Units

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Units Vacant: 6
  • Total Actual Rent: 990
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1753.44
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 5, 2021
Sold by
Quillin Morris and Quillin Janet E
Bought by
Silva Enrique Garcia and Garcia Patricia
Seller's Agent
Amber Schuppan
Coldwell Banker Action Holdings
Buyer's Agent
Amber Schuppan
Coldwell Banker Action Holdings
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$202,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,919
Avg. Annual Appreciation
9.37%
Original Mortgage
$128,250
Interest Rate
2.6%
Mortgage Type
New Conventional
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
Silva Enrique Garcia $135,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Silva Enrique Garcia $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $135,000 -3.5% $63 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $139,900 -- $65 / 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 $2,332 $154,879 $7,623 $147,256
2023 $2,263 $124,562 $7,623 $116,939
2022 $2,438 $121,295 $4,356 $116,939
2021 $2,664 $130,603 $4,356 $126,247
2020 $2,709 $130,603 $4,356 $126,247
2019 $1,753 $83,177 $4,356 $78,821
2017 $1,642 $75,849 $4,356 $71,493
2016 $1,580 $75,849 $4,356 $71,493
2015 $1,605 $75,849 $4,356 $71,493
2014 $1,597 $72,739 $4,356 $68,383
Source: Public Records

Agents Affiliated with this Home

  • Amber Schuppan

    Seller's Agent in 2021

    Amber Schuppan

    Coldwell Banker Action Holdings

    (402) 462-0498

    43 Total Sales

    Amber Schuppan
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Map

Source: Grand Island Board of REALTORS®

MLS Number: 20201084

APN: 400006294

Nebraska Hall County Grand Island 68801

504 E 1st St Unit 506, Grand Island, NE

This home is located at 504 E 1st St Unit 506, Grand Island, NE 68801 since 13 November 2020 and is currently estimated at $202,919, approximately $94 per square foot. This property was built in 1951. 504 E 1st St Unit 506 is a home located in Hall County with nearby schools including Wasmer Elementary School, Barr Middle School, and Grand Island Senior High School.

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