$110,000
SOLD NOV 27, 2024

506 S 8th St Norfolk, NE 68701

3 Beds
1 Bath
1,620 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

12% Below List Price

11 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Covered Deck
  • Bungalow
  • 1 Car Detached Garage
  • Living Room
  • Central Air

About This Home

As of November 2024

Inviting 3 bedroom, 1 bath bungalow that's been freshly painted and is ready for you to make it your own. With a few updates of your choice, this home can easily be transformed into the perfect living space. It also offers a 1 car detached garage, providing convenience and additional storage. Whether you're looking for a cozy home for yourself or considering a venture into the rental market, this property presents a fantastic opportunity.

Last Agent to Sell the Property

Kimberly Wilcox

Real Estate Solutions Team License #20150024 Listed on: 11/04/2024

Last Buyer's Agent

Kimberly Wilcox

Real Estate Solutions Team License #20150024 Listed on: 11/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1925

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Shingle Roof
  • Hardboard

Interior Spaces

  • 1,620 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Laundry on main level

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Home Security

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

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • Covered Deck
  • Wood Fence

Listing and Financial Details

  • Assessor Parcel Number 590071270

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1620
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: All
  • Bedroom 2 Level: M
  • Bedroom 3 Level: U
  • Bedrooms: 3
  • Dining Room: Laminate Flooring
  • Kitchen: Electric Range, Refrigerator, Vinyl
  • Living Room: Laminate Flooring
  • Laundry: Main, Off Kitchen, Vinyl
  • Estimated Basement Sq Ft: 742
  • Estimated Main Sq Ft: 970
  • Estimated Upper Sq Ft: 650
  • Has Basement: Full
  • Basement YN: Yes
  • Bathrooms Main: 1
  • Main Bedroom: 2
  • Dining Room Level: M
  • Interior Special Features: Smoke Detector, Carbon Monoxide Detector
  • Kitchen Level: M
  • Living Room Level: M
  • Mstr Bdrm Level: M
  • Sq Ft Above Ground: 1601-1800
  • Sq Ft Assessment from County: YES
  • Total Bathrooms: 1
  • Estimated Total Finished Sq Ft: 1620

Exterior Features

  • Construction: Frame
  • Exterior Featur: Hardboard, Covered Deck, Storm Doors
  • Roof: Comp/Shingle
  • Street Road: Paved, City Maintained, Alley Access, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Detached

Utilities

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

Schools

  • Elementary School: Norfolk
  • Middle School: Norfolk
  • High School: Norfolk
  • Senior High School: Norfolk

Lot Info

  • Landscaping: Wood Fence, Established Yrd, Fair
  • Lot Size: 5612 sqft
  • Parcel #: 590071270

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2023
  • Taxes: $2135.68

MLS Schools

  • Elementary School: Norfolk
  • Jr High School: Norfolk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Nov 21, 2024
Sold by
Simpson Shawn and Simpson Yoldi
Bought by
Boss Properties Llc
Seller's Agent
Kimberly Wilcox
Real Estate Solutions Team
Buyer's Agent
Kimberly Wilcox
Real Estate Solutions Team
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
32
Current Estimated Value
$119,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,504
Avg. Annual Appreciation
26.65%
Original Mortgage
$499,445
Outstanding Balance
$497,700
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$366,061

Purchase Details

Closed on
Dec 16, 2019
Sold by
Easland Enterprises Llc
Bought by
Simpson Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2018
Sold by
Easland Bradley C and Easland Charlotte L
Bought by
Easland Enterprises Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $110,000 Stewart Title
Warranty Deed $96,000 Platinum Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,445 Credit Line Revolving
Previous Owner $95,000 Purchase Money Mortgage
Previous Owner $70,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $110,000 -12.0% $68 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $125,000 +66.7% $77 / Sq Ft
12/01/2014 12/01/14 Sold $75,000 -15.6% $46 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/27/2014 09/27/14 For Sale $88,900 -- $55 / 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
2024 $1,593 $127,645 $7,450 $120,195
2023 $2,122 $114,767 $7,450 $107,317
2022 $1,914 $103,269 $7,450 $95,819
2021 $1,721 $93,003 $7,450 $85,553
2020 $1,412 $76,576 $7,450 $69,126
2019 $1,321 $69,170 $7,450 $61,720
2018 $1,147 $61,067 $5,960 $55,107
2017 $1,063 $56,517 $5,960 $50,557
2016 $951 $50,461 $5,321 $45,140
2015 $951 $50,461 $5,321 $45,140
2014 $980 $50,461 $5,321 $45,140
2013 $952 $47,508 $5,321 $42,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 240752

Norfolk Board of REALTORS®

APN: 590071270