NOT LISTED FOR SALE

5220 W Madison Ct Lincoln, NE 68524

Oak Hills Neighborhood

Estimated Value: $266,000 - $304,000

3 Beds
2 Baths
2,009 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $142,900 $71 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,850/month

71 Days on Market

Highlights

  • Ranch Style House
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2012

NEWLY ADDED: $2,000 CARPET ALLOWANCE!! 3+1 bedrooms, 2 bathrooms, finished basement, new construction under $145k...WOW!!! Wide open spaces! This ranch is the open concept that is perfect for entertaining. Upstairs features 3 bedrooms, two baths, spacious kitchen and a large entry off the garage for those snow boots. Downstairs the finished basement is set up like a theatre so you can stay home to enjoy movies and sports games. Complete with a work out space and 4th non-conforming bedroom. The bathroom has started to be finished (materials are there) so you put your own touch on it. Out back there is a HUGE deck overlooking a great privacy fenced yard. Bonus- it sits on a cul de sac. So many extras in this home for such a great price! Call for an appointment today!

Last Agent to Sell the Property

Ashley Hustad

BancWise Realty License #20040616 Listed on: 04/18/2012

Last Buyer's Agent

Ashley Person

SimpliCity Real Estate License #20100195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 2009

Lot Details

  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Arnold Elementary School
  • Goodrich Middle School
  • Lincoln North Star High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1118139003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1118139003000
  • Property Sub Type: Single Family Residence
  • Year Built: 2009
  • Prop. Type: Residential
  • Lot Size: o x o
  • Directions: NW 48th St. to W. Adams. Left on NW 53rd. Left on W. Madison Ct.
  • Above Grade Finished Sq Ft: 1119
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 890
  • Fireplace: No
  • Living Area: 2009
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 132
  • Room Bedroom2 Area: 110
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Family Room Area: 442
  • Room Living Room Area: 266
  • Room Family Room Level: Below Grade
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 154
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Lincoln North Star
  • Elementary School: Arnold
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Goodrich

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre., Cul-De-Sac
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2472

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 30, 2012
Sold by
Rasmussen Jason W and Rasmussen Hiliary D
Bought by
Paffrath Shaun A and Paffrath Jill M
Seller's Agent
Ashley Hustad
BancWise Realty
Buyer's Agent
Ashley Person
SimpliCity Real Estate
List Price
$144,900
Sold Price
$142,900
Premium/Discount to List
-$2,000
-1.38%
Total Days on Market
71
Current Estimated Value
$288,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,779
Avg. Annual Appreciation
5.16%
Original Mortgage
$140,311
Outstanding Balance
$98,961
Interest Rate
3.68%
Mortgage Type
FHA
Estimated Equity
$176,697

Purchase Details

Closed on
May 7, 2009
Sold by
Hartland Homes Inc
Bought by
Rasmussen Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,205
Interest Rate
4.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paffrath Shaun A $143,000 Nebraska Land Title & Abstra
Rasmussen Jason W $144,830 Ntc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paffrath Shaun A $140,311
Previous Owner Rasmussen Jason W $142,205
Previous Owner Hartland Homes Inc $85,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $142,900 -1.4% $71 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $144,900 -- $72 / Sq Ft
Source: Great Plains Regional MLS

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 $3,329 $240,900 $45,000 $195,900
2023 $4,038 $240,900 $45,000 $195,900
2022 $3,653 $183,300 $30,000 $153,300
2021 $3,456 $183,300 $30,000 $153,300
2020 $3,355 $175,600 $30,000 $145,600
2019 $3,356 $175,600 $30,000 $145,600
2018 $3,150 $164,100 $30,000 $134,100
2017 $3,179 $164,100 $30,000 $134,100
2016 $2,882 $148,000 $30,000 $118,000
2015 $2,862 $148,000 $30,000 $118,000
2014 $2,947 $151,500 $30,000 $121,500
2013 -- $151,500 $30,000 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Ashley Hustad

    Seller's Agent in 2012

    Ashley Hustad

    BancWise Realty

    (402) 217-0702

    1 in this area

    183 Total Sales

    Ashley Hustad
    Section Image
  • Ashley Person

    Buyer's Agent in 2012

    Ashley Person

    SimpliCity Real Estate

    (402) 202-2752

    3 in this area

    82 Total Sales

    Ashley Person
    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10097222

Great Plains Regional MLS

APN: 11-18-139-003-000

Nebraska Lancaster County Lincoln 68524 Oak Hills

5220 W Madison Ct, Lincoln, NE

This home is located at 5220 W Madison Ct, Lincoln, NE 68524 since 18 April 2012 and is currently estimated at $288,679, approximately $143 per square foot. This property was built in 2009. 5220 W Madison Ct is a home located in Lancaster County with nearby schools including Arnold Elementary School, Schoo Middle School, and North Star High School.

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.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
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.
Copyright 2025, Great Plains Regional MLS LLC

Nearby Homes