NOT LISTED FOR SALE

507 W Park Ave Norfolk, NE 68701

Estimated Value: $173,000 - $188,905

3 Beds
1 Bath
1,378 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $154,450 $112 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,075/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Bungalow
  • 1 Car Detached Garage
  • Living Room
  • Central Air

About This Home

As of January 2024

3 Bedroom Bungalow in convenient close-in location. Original woodwork, french doors to BR/Den. Wood floors in bedrooms. (LR & DR unk). Full basement with rec/play room. Laundry in bsmt (washer/dryer inc). Great backyard--deep lot with newer (2022) wood privacy fence. Smoke & CO2 detectors to be installed as required by City of Norfolk & State of Nebr. Property is in a Trust & Seller has not occupied the home.

Last Agent to Sell the Property

BEV MAUCH

COLDWELL BANKER DOVER License #780429 Listed on: 12/12/2023

COLDWELL BANKER DOVER

Last Buyer's Agent

Stacy Sullivan

Real Estate Solutions Team License #20180373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1914

Lot Details

  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1,378 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Central Air
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 590090461

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1148
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Bedrooms: 3
  • Dining Room: Formal, Carpet
  • Kitchen: Electric Range, Refrigerator, Eat-In, Vinyl
  • Living Room: Carpet
  • Laundry: Basement, Washer, Dryer
  • Estimated Basement Sq Ft: 1148
  • Estimated Main Sq Ft: 1148
  • Has Basement: Full, Partly Finished
  • Basement YN: Yes
  • Bathrooms Main: 1
  • Main Bedroom: 3
  • Dining Room Level: M
  • Interior Special Features: Water Soft Own
  • Kitchen Level: M
  • Living Room Level: M
  • Mstr Bdrm Level: M
  • Other Rm Size1: rec/play rm bsmt
  • Sq Ft Above Ground: 1001-1200
  • Sq Ft Assessment from County: YES
  • Total Bathrooms: 1
  • Estimated Total Finished Sq Ft: 1378

Exterior Features

  • Construction: Frame
  • Exterior Featur: Steel Siding, Gutters
  • Street Road: Paved, City Maintained, 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: Washington
  • Middle School: NJHS
  • High School: NSHS
  • Senior High School: NSHS

Lot Info

  • Landscaping: Wood Fence, Established Yrd
  • Lot Size: 7943 sq ft
  • Parcel #: 590090461
  • Zoning: R-3

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2023
  • Taxes: 1983.76

MLS Schools

  • Elementary School: Washington
  • Jr High School: NJHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 9, 2024
Sold by
Philip G Myers Jr Special Needs Trust
Bought by
Barrera Pena Jose
Seller's Agent
BEV MAUCH
COLDWELL BANKER DOVER
Buyer's Agent
Stacy Sullivan
Real Estate Solutions Team
List Price
$149,950
Sold Price
$154,450
Premium/Discount to List
$4,500
3%
Views
29
Current Estimated Value
$179,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,526
Avg. Annual Appreciation
9.03%
Original Mortgage
$146,725
Outstanding Balance
$144,286
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$35,690
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
Barrera Pena Jose $155,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Pena Jose $146,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $154,450 +3.0% $112 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $149,950 +66.7% $109 / Sq Ft
08/01/2016 08/01/16 Sold $89,950 0.0% $78 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $89,950 -- $78 / 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 $1,568 $125,731 $10,513 $115,218
2023 $2,096 $113,386 $10,513 $102,873
2022 $493 $102,364 $10,513 $91,851
2021 $1,544 $92,523 $10,513 $82,010
2020 $1,544 $83,736 $10,513 $73,223
2019 $1,450 $75,891 $10,513 $65,378
2018 $1,255 $66,783 $8,410 $58,373
2017 $1,165 $61,963 $8,410 $53,553
2016 $1,043 $55,324 $7,509 $47,815
2015 $1,043 $55,324 $7,509 $47,815
2014 $1,074 $55,324 $7,509 $47,815
2013 -- $52,196 $7,509 $44,687
Source: Public Records

Agents Affiliated with this Home

  • BEV MAUCH

    Seller's Agent in 2024

    BEV MAUCH

    COLDWELL BANKER DOVER

    (402) 841-8209

    46 in this area

    52 Total Sales

    BEV MAUCH
    Section Image
  • Stacy Sullivan

    Buyer's Agent in 2024

    Stacy Sullivan

    Real Estate Solutions Team

    (402) 992-2598

    201 in this area

    272 Total Sales

    Stacy Sullivan
    Section Image
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Map

Source: Norfolk Board of REALTORS®

MLS Number: 230766

Norfolk Board of REALTORS®

APN: 590090461

Nebraska Madison County Norfolk 68701

507 W Park Ave, Norfolk, NE

This home is located at 507 W Park Ave, Norfolk, NE 68701 since 12 December 2023 and is currently estimated at $179,976, approximately $130 per square foot. This property was built in 1914. 507 W Park Ave is a home located in Madison County with nearby schools including Norfolk Senior High School, Christ Lutheran School, and Keystone Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Norfolk Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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