NOT LISTED FOR SALE

505 E Prospect Ave Norfolk, NE 68701

Estimated Value: $256,000 - $278,000

3 Beds
3 Baths
2,002 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $173,000 $86 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,593/month

64 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Patio
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2019

This well maintained ranch style home offers steel siding, newer front screen door and front door, shingles, and windows. The living room is spacious and the south living room window lets in lots of natural light. The eat in kitchen features a nice space for the dining room table. There is a large pantry, built in desk area, and broom closet. You will enjoy the abundant cupboard space. The three bedrooms are nice sized. The basement family room is LARGE!. There is a nice sized storage room. The bonus room just needs an egress window, and you can have another bedroom. The concrete patio is ready for future BBQ's this Summer. Enjoy a green yard this summer using the automatic sprinklers. There is room on the main floor to put the clothes washer and clothes dryer on the main floor. Come see what this home has to offer!

Last Agent to Sell the Property

Karen Petersen

INSPIRE HOME & LAND REALTY License #20030035 Listed on: 03/06/2019

Last Buyer's Agent

Russ Wilcox

Real Estate Solutions Team License #20170232

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 8,189

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Shingle Roof
  • Steel Siding

Interior Spaces

  • 2,002 Sq Ft Home
  • Window Treatments
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • 1 Bathrooms in Basement

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Water Softener is Owned

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 590116525

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Age: 41-60 Yrs
  • Estimated Above Ground Sq Ft: 1232
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: Partial
  • Bedroom 2 Size: 11'5x10'8
  • Bedroom 2 Level: M
  • Bedroom 3 Size: 11'5x9'11
  • Bedroom 3 Level: M
  • Bedrooms: 3
  • Family Room Size: 42'8x13'2
  • Family Room: Carpet
  • Dining Room: Kit/Din Combo, Vinyl
  • Kitchen: Electric Range, Dishwasher, Garbage Disposl, Refrigerator, Eat-In, Range Hood, Vinyl
  • Living Room: Carpet
  • Kitchen Size: 17'1x11'8
  • Living Room Size: 11'11x23'6
  • Laundry: Basement, Electric
  • Other Rooms: Master Bath
  • Estimated Basement Sq Ft: 1232
  • Estimated Main Sq Ft: 1232
  • Has Basement: Full, Partly Finished
  • Basement YN: Yes
  • Basement Bathrooms: .75
  • Bathrooms Main: 1.5
  • Main Bedroom: 3
  • Family Room Level: B
  • 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: 11'5x11'5
  • Other Rm Size1: Bonus Room- 13'2x11'7-B
  • Other Rm Size2: Storage Room- 27'11x13'2-
  • Sq Ft Above Ground: 1201-1400
  • Sq Ft Assessment from County: YES
  • Total Bathrooms: 3
  • Estimated Total Finished Sq Ft: 2002

Exterior Features

  • Construction: Frame
  • Exterior Featur: Steel Siding, Patio, Gutters, Storm Doors
  • Roof: Comp/Shingle
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached

Utilities

  • Water Heater: 40 Gal+
  • Heating Cooling: Gas Forced Air, Central Air
  • Utilities: City Water, City Sewer, Natural Gas, Electricity

Schools

  • Senior High School: NSHS

Lot Info

  • Landscaping: Auto Sprinkler, Established Yrd, Good
  • Lot Size: 8211 sf
  • Parcel #: 590116525

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2018
  • Taxes: $2,238.76

MLS Schools

  • Elementary School: Jefferson
  • Jr High School: NJHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 30, 2019
Sold by
Krueger G Austin and Krueger Bobbi S
Bought by
Medina Francisco J and Ortiz Castillo Sheila J
Seller's Agent
Karen Petersen
INSPIRE HOME & LAND REALTY
Buyer's Agent
Russ Wilcox
Real Estate Solutions Team
List Price
$183,500
Sold Price
$173,000
Premium/Discount to List
-$10,500
-5.72%
Current Estimated Value
$265,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,359
Avg. Annual Appreciation
6.82%
Original Mortgage
$167,810
Outstanding Balance
$146,313
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$119,046

Purchase Details

Closed on
Apr 20, 2006
Sold by
Becker Leroy E and Becker Beverley A
Bought by
Krueger Krueger G and Krueger Bobbi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Becker Leroy E and Becker Beverly A
Bought by
Krueger G Austin and Krueger Bobbi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Carlson Trs Oscar and Carlson Mabel E
Bought by
Becker Leroy E and Becker Beverley A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medina Francisco J $173,000 Stewart Title Company
Krueger Krueger G $112,500 --
Krueger G Austin $113,000 None Available
Becker Leroy E $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Francisco J $167,810
Previous Owner Krueger G Austin $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $173,000 -5.7% $86 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $183,500 -- $92 / 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
2025 $2,436 $210,977 $11,495 $199,482
2024 $2,436 $196,201 $11,495 $184,706
2023 $3,345 $180,950 $11,495 $169,455
2022 $3,018 $162,794 $11,495 $151,299
2021 $2,781 $150,301 $11,495 $138,806
2020 $2,545 $137,996 $11,495 $126,501
2019 $2,436 $127,551 $11,495 $116,056
2018 $2,239 $119,176 $11,495 $107,681
2017 $2,241 $119,176 $11,495 $107,681
2016 $2,156 $114,386 $11,495 $102,891
2015 $2,156 $114,386 $11,495 $102,891
2014 $2,220 $114,386 $11,495 $102,891
2013 $2,086 $104,114 $8,075 $96,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 180958

Norfolk Board of REALTORS®

APN: 590116525