NOT LISTED FOR SALE

506 E 2nd St Madison, NE 68748

Estimated Value: $97,000 - $164,364

3 Beds
1 Bath
1,336 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2022

Last sale price $75,000 $56 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $819 / mo

210 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Air
  • Vinyl Flooring
  • 2 Car Detached Garage

About This Home

As of November 2022

This home is located at 506 E 2nd St, Madison, NE 68748 since 31 March 2022 and is currently estimated at $138,091, approximately $103 per square foot. This property was built in 1910. 506 E 2nd St is a home located in Madison County with nearby schools including Madison Elementary School, Madison Middle School, and Madison High School.

Last Agent to Sell the Property

Shalle Wolff

Real Estate Solutions Team License #20160350 Listed on: 03/31/2022

Last Buyer's Agent

Shalle Wolff

Real Estate Solutions Team License #20160350 Listed on: 03/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1910

Lot Details

  • 8,712

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • Window Treatments
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Covered Patio or Porch
  • Chain Link Fence
  • Flood Zone Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 590003453

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1910

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: 1 1/2
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1336
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Window Coverings: All
  • Bedrooms: 3
  • Dining Room: Laminate Flooring
  • Kitchen: Electric Range, Refrigerator, Microwave, Laminate Flooring
  • Living Room: Laminate Flooring
  • Laundry: Main, Electric, Vinyl
  • Estimated Main Sq Ft: 850
  • Estimated Upper Sq Ft: 486
  • Has Basement: Crawl Space
  • Basement YN: No
  • Bathrooms Main: 1
  • Interior Special Features: Smoke Detector, Carbon Monoxide Detector
  • Sq Ft Above Ground: 1201-1400
  • Total Bathrooms: 1
  • Estimated Total Finished Sq Ft: 1336

Exterior Features

  • Construction: Frame
  • Exterior Featur: Vinyl Siding, Covered Patio
  • Flood Zone: yes
  • Roof: Asphalt
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached

Utilities

  • Water Heater: 50 Gal+
  • Heating Cooling: Gas Forced Air, Central Air
  • Utilities: City Water, City Sewer, Natural Gas, Electricity

Lot Info

  • Landscaping: Chain Fence, Established Yrd
  • Lot Size: 8712
  • Parcel #: 590003453

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2021
  • Taxes: 984.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Nov 10, 2022
Sold by
Bartak Josh M
Bought by
Mayo Francisco and Mayo Adolfina
Seller's Agent
Shalle Wolff
Real Estate Solutions Team
Buyer's Agent
Shalle Wolff
Real Estate Solutions Team
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%
Current Estimated Value
$138,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,091
Avg. Annual Appreciation
19.79%
Original Mortgage
$140,000
Outstanding Balance
$120,974
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$17,117

Purchase Details

Closed on
May 19, 2014
Sold by
Bartak Veronica L
Bought by
Bartak Josh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Advanced Business Center Llc
Bought by
Bartak Veronica L

Purchase Details

Closed on
Nov 3, 2008
Sold by
Citibank Na
Bought by
Advanced Business Center Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Holdorf Michael D and Holdorf Tammy S
Bought by
Citibank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mayo Francisco $75,000 Stewart Title
Bartak Josh M $21,000 American Title & Escrow Co
Bartak Veronica L $49,557 --
Bartak Veronica L $50,000 None Available
Advanced Business Center Llc $46,750 --
Citibank Na -- --
Citibank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Francisco $140,000
Previous Owner Bartak Josh M $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $75,000 -21.1% $56 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $95,000 +26.7% $71 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
10/01/2022 10/01/22 Off Market $75,000 -- --
09/03/2022 09/03/22 For Sale $95,000 0.0% $71 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $95,000 -17.4% $71 / Sq Ft
05/18/2022 05/18/22 Price Changed $115,000 -8.0% $86 / Sq Ft
03/31/2022 03/31/22 For Sale $125,000 -- $94 / Sq Ft
Source: Norfolk Board of REALTORS®

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 $981 $97,842 $7,841 $90,001
2024 $981 $82,291 $5,881 $76,410
2023 $1,367 $75,717 $5,881 $69,836
2022 $1,092 $60,474 $3,136 $57,338
2021 $985 $54,331 $3,136 $51,195
2020 $897 $50,104 $3,136 $46,968
2019 $809 $46,226 $3,136 $43,090
2018 $718 $44,091 $3,136 $40,955
2017 $727 $44,091 $3,136 $40,955
2016 $679 $40,676 $3,136 $37,540
2015 $677 $40,676 $3,136 $37,540
2014 $751 $40,676 $3,136 $37,540
2013 $986 $48,612 $2,287 $46,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 220212

Norfolk Board of REALTORS®

APN: 590003453

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