NOT LISTED FOR SALE

512 S Elm St Unit 514 Grand Island, NE 68801

Estimated Value: $262,000 - $305,515

4 Beds
2 Baths
2,294 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $163,150 $71 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,897/month

1 Day on Market

Highlights

  • Fireplace
  • Brick or Stone Mason
  • Patio
  • 1 Car Attached Garage
  • Mini Split Air Conditioners
  • Combination Kitchen and Dining Room

About This Home

As of February 2019

WELL CARED FOR DUPLEX ON SOUTHSIDE WITH LONG-TERM TENANTS. FULL BASEMENTS, SOUTH UNIT HAS ONE ROOM FINISHED IN BASEMENT PLUS AN ADDITIONAL UTILITY BATH. BOTH SIDES HAVE ATTACHED SINGLE CAR GARAGES AND COVERED PATIOS.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Wasmer Elementary School
  • Barr Middle School
  • Grand Island Senior High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 400138816

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 6 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,290

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 66 x 132
  • Architectural Style: Ranch
  • Carport Y N: No
  • Building Stories: 1
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Applies to All Units, Dishwasher, Refrigerator, Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Kitchen/Dining Combo

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Brick
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Car, Attached
  • Total Parking Spaces: 1

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Individual Air Conditioner
  • Cooling Y N: Yes
  • Heating: Fireplace(s), Individual Heat
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Wasmer
  • High School: Grand Island Senior High
  • Middle Or Junior School: Barr Middle School

Lot Info

  • Lot Size Sq Ft: 8712
  • Farm Land Area Units: Square Feet
  • Parcel #: 400138816
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Units Vacant: 6
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3289.5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 13, 2019
Sold by
Swanson Constance K
Bought by
Grand Island Properties Llc
List Price
$163,150
Sold Price
$163,150
Current Estimated Value
$281,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,229
Avg. Annual Appreciation
7.56%
Original Mortgage
$130,520
Outstanding Balance
$116,582
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$144,903

Purchase Details

Closed on
Mar 30, 2011
Sold by
Trinity Lutheran Church Foundation
Bought by
Swanson Constance K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2006
Sold by
Meyer Melvin W and Meyer Jo Ann
Bought by
Meyer Melvin W
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 Buyer Sale Price Title Company
Grand Island Properties Llc $164,000 Advantage Title Services Llc
Swanson Constance K $127,000 --
Trinity Lutheran Church Foundation Of Gr $119,000 --
Meyer Melvin W -- --
Meyer Melvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Island Properties Llc $130,520
Previous Owner Swanson Constance K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $163,150 0.0% $71 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $163,150 -- $71 / Sq Ft
Source: Grand Island 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 $4,370 $280,584 $14,219 $266,365
2023 $3,157 $173,761 $14,219 $159,542
2022 $3,381 $168,254 $8,712 $159,542
2021 $3,206 $157,190 $8,712 $148,478
2020 $3,425 $157,190 $8,712 $148,478
2019 $3,382 $160,419 $8,712 $151,707
2017 $3,167 $146,315 $8,712 $137,603
2016 $2,590 $124,300 $8,712 $115,588
2015 $2,630 $124,300 $8,712 $115,588
2014 $2,608 $118,795 $8,712 $110,083
Source: Public Records

Map

Source: Grand Island Board of REALTORS®

MLS Number: 20190104

APN: 400138816