$207,000
SOLD APR 30, 2025

506 W Park Ave Norfolk, NE 68701

4 Beds
2 Baths
2,205 Sq Ft
9,496 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

6% Below List Price

58 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Enclosed Patio or Porch
  • Central Air

About This Home

As of April 2025

There is a lot of charm in this 1 1/2 story home. Perfectly centrally located, walk downtown to shop, eat or just relax. Main floor bath recently updated, walk in shower, HVAC 2017, Roof approximately 2012. Large 2 car garage is alley access, fenced in yard. Enjoy your peaceful mornings or evenings on the deck or the front porch. So, cozy.

Last Agent to Sell the Property

Teri Bauer

RE/MAX ASSOCIATES License #910727 Listed on: 01/12/2025

RE/MAX ASSOCIATES

Last Buyer's Agent

Tina Urban

INSPIRE HOME & LAND REALTY License #20240590

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1915

Lot Details

  • Chain Link Fence

Home Design

  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,205 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 590078380

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: 1 1/2
  • Age: 61+
  • Estimated Above Ground Sq Ft: 2205
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Window Coverings: All
  • Bedrooms: 4
  • Dining Room: Liv/Din Combo, Wood
  • Kitchen: Electric Range, Dishwasher, Garbage Disposl, Refrigerator, Microwave, Eat-In, Laminate Flooring
  • Living Room: Wood
  • Laundry: Main, Off Kitchen, Bedroom Level, Electric, Washer, Dryer
  • Other Rooms: Enclosed Porch
  • Estimated Basement Sq Ft: 1297
  • Estimated Main Sq Ft: 1297
  • Estimated Upper Sq Ft: 908
  • Has Basement: Full
  • Basement YN: Yes
  • Bathrooms Main: 1
  • Bathrooms Upper: 1/2
  • Main Bedroom: 2
  • Interior Special Features: Garg Dr Opener, Smoke Detector, Carbon Monoxide Detector
  • Sq Ft Above Ground: 2001-2300
  • Total Bathrooms: 2
  • Estimated Total Finished Sq Ft: 2205

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached

Utilities

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

Schools

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

Lot Info

  • Landscaping: Chain Fence, Established Yrd, Good
  • Lot Size: 9504
  • Parcel #: 590078380
  • Zoning: R-1

Building Info

  • Year Built: 1915

Tax Info

  • Year: 2024
  • Taxes: 2617.44

MLS Schools

  • Elementary School: Norfolk
  • Jr High School: NJHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2025
Closed on
Apr 22, 2025
Sold by
Milligan Micah F and Milligan Roy
Bought by
Guzman Zachary A and Eich Christy A
Seller's Agent
Teri Bauer
RE/MAX ASSOCIATES
Buyer's Agent
Tina Urban
INSPIRE HOME & LAND REALTY
List Price
$220,000
Sold Price
$207,000
Premium/Discount to List
-$13,000
-5.91%
Views
80
Current Estimated Value
$208,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,955
Avg. Annual Appreciation
4.35%
Original Mortgage
$196,650
Outstanding Balance
$196,650
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$13,279

Purchase Details

Closed on
Feb 21, 2024
Sold by
Milligan Micah F
Bought by
Milligan Micah F and Milligan Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 20, 2024
Sold by
Salazar Gonzalez Jean
Bought by
Milligan Micah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.69%
Mortgage Type
Balloon

Purchase Details

Closed on
May 9, 2022
Sold by
Allan Petricek
Bought by
Reich Rebecca A and Sucha Barbara M
Source: Public Records

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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 $207,000 Stewart Title
Warranty Deed $207,000 Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed $98,000 Stewart Title
Warranty Deed -- Brogan & Stafford Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,650 New Conventional
Closed $196,650 New Conventional
Previous Owner $153,000 Balloon
Previous Owner $20,100 Credit Line Revolving
Previous Owner $148,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $207,000 -2.6% $94 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $212,500 -3.4% $96 / Sq Ft
01/23/2025 01/23/25 For Sale $220,000 0.0% $100 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $220,000 +18.9% $100 / Sq Ft
07/28/2023 07/28/23 Sold $185,000 -2.4% $84 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $189,500 -1.6% $86 / Sq Ft
05/01/2023 05/01/23 For Sale $192,500 -- $87 / 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 $2,617 $210,813 $12,055 $198,758
2023 $3,594 $194,402 $12,055 $182,347
2022 $3,281 $174,865 $12,055 $162,810
2021 $516 $161,422 $12,055 $149,367
2020 $516 $149,089 $12,055 $137,034
2019 $516 $137,774 $12,055 $125,719
2018 $0 $121,893 $9,644 $112,249
2017 $0 $109,866 $9,644 $100,222
2016 $516 $102,678 $9,013 $93,665
2015 -- $102,678 $9,013 $93,665
2014 $47 $98,218 $9,013 $89,205
2013 $52 $92,382 $9,013 $83,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 250032

Norfolk Board of REALTORS®

APN: 590078380