NOT LISTED FOR SALE

505 S Adams St Papillion, NE 68046

Estimated Value: $168,000 - $208,279

2 Beds
1 Bath
866 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $115,000 $133 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,244/month

15 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 3 Car Garage
  • Papillion La Vista South High School Rated A-
  • No HOA
  • 5-minute walk to Halleck Park

About This Home

As of September 2018

Estate sale, somewhat of a fixer 2 bedroom+ home in Papillion. Mechanics dream 24'X30' garage, 12 ft ceilings, oversized door. Bring your compressor. Pnuematic lines installed along 3 walls, floor plates for a lift. Kitchen and bath need help. 866+ square feet and attached 1 car garage. Newer electrical panel. Vinyl siding. Laminate flooring. A little paint thru-out will do the trick and you'll have a very cozy home near schools and park.

Last Agent to Sell the Property

Ron Fredericksen

Nebraska Realty Brokerage Phone: 402-670-6754 License #20070808 Listed on: 08/29/2018

Last Buyer's Agent

Ron Fredericksen

Nebraska Realty Brokerage Phone: 402-670-6754 License #20070808 Listed on: 08/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 44 x 132
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 866 Sq Ft Home
  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Trumble Park Elementary School
  • Papillion Middle School
  • Papillion-La Vista South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • South Papillion Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010569367

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Parcel Number: 010569367
  • Property Sub Type: Single Family Residence
  • Year Built: 1924
  • Prop. Type: Residential
  • Lot Size: 44 x 132
  • Ownership: Fee Simple
  • Subdivision Name: South Papillion
  • Directions: From hwy 370 north to Sheridan left to Adams right to house on right.
  • Above Grade Finished Sq Ft: 866
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Attribution Contact: M: 402-670-6754
  • Special Features: None

Interior Features

  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 866
  • Main Level Bathrooms: 1
  • Room Kitchen Area: 118.8
  • Room Living Room Area: 220.02
  • Room Master Bedroom Area: 92
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 8
  • Master Bathroom Features: None

Exterior Features

  • Road Surface Type: Paved
  • Fencing: Chain Link, Partial
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Attached, Detached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Papillion-La Vista South
  • Elementary School: Trumble Park
  • Junior High Dist: Papillion-La Vista
  • Middle Or Junior School: Papillion

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre., City Lot, Public Sidewalk, Level, Alley, Paved Road
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2167.4

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 19, 2018
Sold by
Briggs Dawn E
Bought by
Modlin Jeffrey K
Seller's Agent
Ron Fredericksen
Nebraska Realty
Buyer's Agent
Ron Fredericksen
Nebraska Realty
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$193,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,320
Avg. Annual Appreciation
7.73%
Original Mortgage
$116,530
Outstanding Balance
$41,651
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$151,669

Purchase Details

Closed on
Jun 5, 2012
Sold by
Perales Mary C and Holguin Gonzalo J
Bought by
Perales Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Perales Mary C
Bought by
Perales Mary C and Holguin Gonzalo J
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
Modlin Jeffrey K $115,000 Mid West Title Inc
Perales Mary C $66,000 None Available
Perales Mary C $55,000 Homeland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modlin Jeffrey K $116,530
Previous Owner Perales Mary C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $115,000 -4.2% $133 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $120,000 0.0% $139 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $120,000 -- $139 / Sq Ft
Source: Great Plains Regional MLS

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 $2,675 $184,932 $36,000 $148,932
2024 $2,817 $177,102 $35,000 $142,102
2023 $2,817 $149,595 $30,000 $119,595
2022 $2,792 $136,828 $27,000 $109,828
2021 $2,565 $123,188 $21,000 $102,188
2020 $2,376 $112,983 $21,000 $91,983
2019 $2,348 $111,740 $21,000 $90,740
2018 $2,347 $109,978 $12,808 $97,170
2017 $2,167 $101,598 $12,808 $88,790
2016 $2,036 $95,593 $12,808 $82,785
2015 $2,003 $94,318 $12,808 $81,510
2014 $2,036 $95,214 $12,808 $82,406
2012 -- $96,644 $12,808 $83,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21815844

Great Plains Regional MLS

APN: 010569367