NOT LISTED FOR SALE

5725 Madison Ave Lincoln, NE 68507

University Place Neighborhood

Estimated Value: $181,000 - $206,000

2 Beds
1 Bath
734 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $140,000 $191 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,243/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of August 2018

Wow! Hurry in to this extremely well updated and maintained home near Wesleyan. Some of the updates include: Bathroom remodel (2018), kitchen remodel (2017), exterior and interior doors (2016-17), new carpet in basement (2017). Insulation was blown in attic and walls. Windows, roof, siding, windows, and furnace have all been replaced within the last 10 years! This one is ready to go! Great yard and oversized 1 stall garage make this a must see! Schedule your showing today!

Last Agent to Sell the Property

Tony Milana

Red Door Realty License #20170001 Listed on: 07/01/2018

Co-Listed By

Jayme Shelton

Red Door Realty License #20150271

Last Buyer's Agent

Kelby Kraft

Nebraska Realty License #20130244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 50 x 142

Parking

  • 1 Car Detached Garage

Home Design

  • 734 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Huntington Elementary School
  • Dawes Middle School
  • Lincoln Northeast 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 1716115003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1716115003000
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Prop. Type: Residential
  • Lot Size: 50 x 142
  • Co List Office Mls Id: LMANZ01
  • Above Grade Finished Sq Ft: 734
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 734
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

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 Northeast
  • Elementary School: Huntington
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Dawes

Lot Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1964.28

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
Kast Kent S and Kast Nancy L
Bought by
Grundman Christina L
Current Estimated Value
$193,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,220
Outstanding Balance
$128,315
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$63,874

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 23, 2018
Sold by
Riggs Stetson R
Bought by
Kast Kent S and Grundman Christina L
Seller's Agent
Tony Milana
Red Door Realty
Buyer's Agent
Kelby Kraft
Nebraska Realty
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$137,464
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2014
Sold by
Delaney Jason Todd and Delaney Sandra Sue
Bought by
Riggs Stetson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,827
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Mar 12, 1999
Sold by
Suesz Gary L
Bought by
Delaney Jason Todd and Delaney Sandra Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,916
Interest Rate
6.74%
Mortgage Type
FHA
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
Grundman Christina L -- None Available
Kast Kent S $140,000 Charter Title & Escrow Svcs
Riggs Stetson R $85,000 Dataquick Title Llc
Delaney Jason Todd $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundman Christina L $143,220
Previous Owner Grundman Christina L $4,150
Previous Owner Kast Kent S $137,464
Previous Owner Riggs Stetson R $84,972
Previous Owner Riggs Stetson R $86,827
Previous Owner Delaney Jason Todd $77,265
Previous Owner Delaney Jason Todd $68,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $140,000 +3.7% $191 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $135,000 -- $184 / 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 $2,314 $167,400 $40,000 $127,400
2023 $2,806 $167,400 $40,000 $127,400
2022 $2,703 $135,600 $30,000 $105,600
2021 $2,557 $135,600 $30,000 $105,600
2020 $2,415 $126,400 $30,000 $96,400
2019 $2,415 $126,400 $30,000 $96,400
2018 $1,946 $101,400 $30,000 $71,400
2017 $1,964 $101,400 $30,000 $71,400
2016 $1,733 $89,000 $25,000 $64,000
2015 $1,721 $89,000 $25,000 $64,000
2014 $1,984 $102,000 $25,000 $77,000
2013 -- $102,000 $25,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Tony Milana

    Seller's Agent in 2018

    Tony Milana

    Red Door Realty

    (402) 483-2301

    6 in this area

    174 Total Sales

    Tony Milana
    Section Image
  • Jayme Shelton

    Seller Co-Listing Agent in 2018

    Jayme Shelton

    Red Door Realty

    (402) 525-6648

    5 in this area

    177 Total Sales

    Jayme Shelton
    Section Image

  • K

    Buyer's Agent in 2018

    Kelby Kraft

    Nebraska Realty

    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: L10147590

Great Plains Regional MLS

APN: 17-16-115-003-000

Nebraska Lancaster County Lincoln 68507 University Place

5725 Madison Ave, Lincoln, NE

This home is located at 5725 Madison Ave, Lincoln, NE 68507 since 01 July 2018 and is currently estimated at $193,065, approximately $263 per square foot. This property was built in 1942. 5725 Madison Ave is a home located in Lancaster County with nearby schools including Brownell Elementary School, Mickle Middle School, and Lincoln Northeast 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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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.
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