NOT LISTED FOR SALE

515 May Ave Gibbon, NE 68840

Estimated Value: $263,000 - $307,000

5 Beds
3 Baths
2,952 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $259,000 $88 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,949/month

186 Days on Market

Highlights

  • Ranch Style House
  • Bar
  • Water Softener is Owned
  • 2 Car Attached Garage
  • Patio
  • Combination Dining and Living Room

About This Home

As of January 2024

The home features 5 bedrooms, 3 baths, 2 car garage. The main floor has an office, 3 bed, 1 bath, living room, dining room and kitchen. The basement has been completely updated with a large laundry room, family room, 1 1/2 baths, and two bedrooms. Outside features a large stamped patio, poured concrete pad, large trees, and a storage shed. The home has newer vinyl siding, roof, and heat pump. Lot to the north can also be purchased.

Last Agent to Sell the Property

Sara Rector - Steve Linden

Coldwell Banker Town & Country License #20070868 Listed on: 06/16/2023

Coldwell Banker Town & Country

Co-Listed By

Steve Linden

Coldwell Banker Town & Country

Last Buyer's Agent

Kim Geiser

Kearney Realty, L.L.C. License #20200345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1961

Lot Details

  • 0.6

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,952 Sq Ft Home
  • Bar
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 640319000
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,551

Year Built

Built in 1961

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 515 May Avenue
  • Age: 61+
  • Estimated Above Ground Sq Ft: 1476
  • Estimated Percent Finished Sq Ft: 95%
  • Date Entered: 2023-06-18
  • Ext Finish And Features: Vinyl Siding, Patio
  • For Sale By Owner: No
  • Geo Address Line: 515 May Ave
  • Geo Primary City: Gibbon
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Geo Zoom Level: 16
  • Warranty: No
  • Interior Special Features: Garage Door Opener, Water Softener Owned
  • Kitchen Level: 1
  • Listing Office2: 3
  • Percent Orig Prc To Sold Prc: 0.81
  • Price per Sq Ft: 175.47
  • Restricted Covenant: No
  • Selling Agent1: 798
  • Selling Office1: 52
  • Building Style: Ranch
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Basement Sq Ft: 1476
  • Estimated Main Sq Ft: 1476
  • Has Basement: Full
  • Basement YN: Yes
  • Basement Bathrooms: 2
  • Bathrooms Main: 1
  • Bedroom 2 Level: 1
  • Second Bedroom Size: 11x9
  • Bedroom 3 Level: 1
  • Third Bedroom Size: 9x10
  • Bedroom 4 Level: 4
  • Fourth Bedroom Size: 14x9
  • Bedroom 5 Level: 4
  • Bedroom 5 Size: 11x17
  • Lower Floor 1 Bedrooms: 5
  • Dining Room: Living/Dining Combination, Tile
  • Dining Room Level: 1
  • Dining Room Size: 12x10
  • Family Room: Bar
  • Family Room Level: 4
  • Family Room Size: 22x18
  • Fireplace: One, Woodburning
  • Foreclosure: No
  • Heating Cooling: Heat Pump
  • Dining Kitchen: Garbage Disposal, Refrigerator, Cooktop, Oven
  • Kitchen Size: 8x25
  • Laundry: Basement
  • Living Room: Fireplace, Tile, None
  • Living Room Level: 1
  • Living Room Size: 16x23
  • Mstr Bdrm Level: 1
  • Mstr Bdrm Size: 11x13
  • Sq Ft Above Ground: 1401-1600
  • Total Bathrooms: 3
  • Total Square Footage: 2952
  • Basement Type: SINGLE FAMILY
  • Window Coverings: All

Exterior Features

  • Exterior Construction: Frame
  • Out Buildings: Storage Shed
  • Roof: Asphalt
  • Street Road: Paved, City Maintained
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached

Utilities

  • Utilities: City Water, City Sewer, Natural Gas, Electricity
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 3551.34

Lot Info

  • Geo Update Timestamp: 2023-06-19
  • Lot Size: approx 90x148.5
  • Parcel #: 640319000
  • Zoning: res

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jan 18, 2024
Sold by
Potter Jeffrey and Potter Misti
Bought by
Potter Jeffrey and Potter Misti
Seller's Agent
Sara Rector - Steve Linden
Coldwell Banker Town & Country
Buyer's Agent
Kim Geiser
Kearney Realty, L.L.C.
List Price
$260,000
Sold Price
$259,000
Premium/Discount to List
-$1,000
-0.38%
Views
288
Current Estimated Value
$287,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,886
Avg. Annual Appreciation
8.67%
Original Mortgage
$250,355
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jan 15, 2024
Sold by
Mendez Sergio and Mendez Kipcia
Bought by
Potter Jeffrey and Potter Misti
Seller's Agent
Sara Rector - Steve Linden
Coldwell Banker Town & Country
Buyer's Agent
Kim Geiser
Kearney Realty, L.L.C.
List Price
$260,000
Sold Price
$259,000
Premium/Discount to List
-$1,000
-0.38%
Views
288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,355
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bycroft Barton G and Bycroft Jeannetta M
Bought by
Mendez Sergio and Mendez Kipcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,482
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Potter Jeffrey -- Tri City Title
Potter Jeffrey $259,000 Tri City Title
Lazo Santos A $30,000 Tri City Title
Mendez Sergio -- Ganz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Jeffrey $250,355
Closed Potter Jeffrey $250,355
Previous Owner Mendez Sergio $136,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $259,000 -0.4% $88 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $260,000 +0.4% $88 / Sq Ft
12/15/2023 12/15/23 Off Market $259,000 -- --
11/03/2023 11/03/23 Price Changed $260,000 -11.9% $88 / Sq Ft
10/04/2023 10/04/23 Price Changed $295,000 -7.8% $100 / Sq Ft
06/16/2023 06/16/23 For Sale $320,000 -- $108 / Sq Ft
Source: REALTORS® of Greater Mid-Nebraska

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
2025 $4,975 $291,245 $16,625 $274,620
2024 $4,975 $276,745 $16,625 $260,120
2023 $3,766 $189,790 $24,755 $165,035
2022 $3,551 $177,245 $24,755 $152,490
2021 $3,336 $163,105 $24,755 $138,350
2020 $3,259 $161,060 $24,755 $136,305
2019 $3,259 $158,720 $24,755 $133,965
2018 $3,149 $153,750 $24,755 $128,995
2017 $3,053 $153,295 $24,755 $128,540
2016 $2,638 $138,345 $24,755 $113,590
2015 $2,314 $119,280 $0 $0
2014 $2,566 $120,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20230702

APN: 640319000