NOT LISTED FOR SALE

5240 W Madison Ct Lincoln, NE 68524

Oak Hills Neighborhood

Estimated Value: $243,000 - $280,000

3 Beds
3 Baths
1,138 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $225,000 $198 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,691/month

1 Day on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Luxury Vinyl Plank Tile Flooring
  • Privacy Fence

About This Home

As of December 2021

Run don’t walk to this freshly updated home! Boasting three bedrooms and two full bathrooms on the main level, along with an open concept kitchen, dining room and living room. Updates include fresh paint, new carpet, new luxury vinyl plank flooring, new light fixtures throughout the home, and so much more! The basement is unfinished to make it what you want. Corner lot with a fully fenced in yard and a two stall garage. Come tour this home today!

Last Agent to Sell the Property

Andrea Trail

Magnolia Real Estate License #20210024 Listed on: 11/30/2021

Last Buyer's Agent

Lisa Stroup

Nebraska Realty License #20170792

Nebraska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 2008

Lot Details

  • 741 Sq Ft Lot
  • Lot Dimensions are 59 x 85 x 104
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Hardboard

Interior Spaces

  • 1,138 Sq Ft Home
  • Natural lighting in basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Olympic Heights/Oak Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1118139001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,958

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1118139001000
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Prop. Type: Residential
  • Lot Size Acres: 0.017
  • Lot Size: 59 x 85 x 104
  • Ownership: Fee Simple
  • Subdivision Name: Olympic Heights/Oak Hills
  • Directions: GPS
  • Above Grade Finished Sq Ft: 1138
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Split Entry
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: Daylight
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl Plank
  • Living Area: 1138
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: Wood, Privacy
  • Home Warranty: No
  • Construction Type: Hardboard, Brick/Other
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model

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
  • Sewer: Public Sewer
  • Water Source: Public

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: Schoo

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2957.88

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 10, 2021
Sold by
Pursuit Real Estate Llc
Bought by
Reeves Trevor H
Seller's Agent
Andrea Trail
Magnolia Real Estate
Buyer's Agent
Lisa Stroup
Nebraska Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$264,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,406
Avg. Annual Appreciation
2.97%
Original Mortgage
$120,000
Outstanding Balance
$111,415
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$139,256

Purchase Details

Listed on
Nov 30, 2021
Closed on
Nov 18, 2021
Sold by
Partin Katrina and Colborn Katrina M
Bought by
Pursuit Real Estate Llc
Seller's Agent
Andrea Trail
Magnolia Real Estate
Buyer's Agent
Lisa Stroup
Nebraska Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$111,415
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$139,256

Purchase Details

Closed on
Nov 7, 2008
Sold by
Hartland Homes Inc
Bought by
Colborn Katrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,289
Interest Rate
6.18%
Mortgage Type
FHA
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
Reeves Trevor H $225,000 Charter T&E Svcs Inc
Pursuit Real Estate Llc $140,000 Charter T&E Svcs Inc
Colborn Katrina M $133,350 Nt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pursuit Real Estate Llc $120,000
Previous Owner Colborn Katrina M $131,289
Previous Owner Hartland Homes Inc $82,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $225,000 0.0% $198 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $225,000 -- $198 / 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 $2,998 $216,900 $45,000 $171,900
2023 $3,635 $216,900 $45,000 $171,900
2022 $3,655 $183,400 $30,000 $153,400
2021 $3,458 $183,400 $30,000 $153,400
2020 $2,958 $154,800 $30,000 $124,800
2019 $2,958 $154,800 $30,000 $124,800
2018 $2,829 $147,400 $30,000 $117,400
2017 $2,855 $147,400 $30,000 $117,400
2016 $2,592 $133,100 $30,000 $103,100
2015 $2,574 $133,100 $30,000 $103,100
2014 $2,388 $122,800 $30,000 $92,800
2013 -- $122,800 $30,000 $92,800
Source: Public Records

Agents Affiliated with this Home

  • Andrea Trail

    Seller's Agent in 2021

    Andrea Trail

    Magnolia Real Estate

    (402) 405-5931

    9 in this area

    111 Total Sales

    Andrea Trail
    Section Image
  • Lisa Stroup

    Buyer's Agent in 2021

    Lisa Stroup

    Nebraska Realty

    (402) 890-1725

    11 in this area

    100 Total Sales

    Lisa Stroup
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 22128020

Great Plains Regional MLS

APN: 11-18-139-001-000

Nebraska Lancaster County Lincoln 68524 Oak Hills

5240 W Madison Ct, Lincoln, NE

This home is located at 5240 W Madison Ct, Lincoln, NE 68524 since 30 November 2021 and is currently estimated at $264,406, approximately $232 per square foot. This property was built in 2008. 5240 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.

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