NOT LISTED FOR SALE

5942 Madison Ave Lincoln, NE 68507

University Place Neighborhood

Estimated Value: $233,000 - $265,473

4 Beds
2 Baths
2,036 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $122,000 $60 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,626/month

About This Home

As of June 2016

This home is located at 5942 Madison Ave, Lincoln, NE 68507 and is currently estimated at $249,618, approximately $122 per square foot. 5942 Madison Ave is a home located in Lancaster County with nearby schools including Brownell Elementary School, Mickle Middle School, and Lincoln Northeast High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Byron Norman and Byron Jamie
Bought by
Byron Norman and Byron Jamie
Current Estimated Value
$251,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$54,894
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,293

Purchase Details

Listed on
Jan 1, 1900
Closed on
Jun 23, 2016
Sold by
Kelley Connie K and Kelley Mark A
Bought by
Byron Norman and Byron Jamie
Seller's Agent
Larry Holmes
RE/MAX Concepts
Buyer's Agent
Derek Hilgert
RE/MAX Concepts
List Price
$122,000
Sold Price
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$97,600
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Byron Norman -- None Available
Byron Norman $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byron Norman $70,000
Closed Byron Norman $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $122,000 0.0% $60 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $122,000 -- $60 / Sq Ft

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 $2,977 $215,400 $40,000 $175,400
2023 $3,610 $215,400 $40,000 $175,400
2022 $3,298 $165,500 $30,000 $135,500
2021 $3,120 $165,500 $30,000 $135,500
2020 $2,778 $145,400 $30,000 $115,400
2019 $2,779 $145,400 $30,000 $115,400
2018 $2,576 $134,200 $30,000 $104,200
2017 $2,600 $134,200 $30,000 $104,200
2016 $2,541 $130,500 $25,000 $105,500
2015 $2,524 $130,500 $25,000 $105,500
2014 $2,332 $119,900 $25,000 $94,900
2013 -- $119,900 $25,000 $94,900
Source: Public Records

Agents Affiliated with this Home

  • Larry Holmes

    Seller's Agent in 2016

    Larry Holmes

    RE/MAX Concepts

    (402) 432-3647

    3 in this area

    39 Total Sales

    Section Image
  • Derek Hilgert

    Buyer's Agent in 2016

    Derek Hilgert

    RE/MAX Concepts

    (402) 499-5394

    2 in this area

    108 Total Sales

    Section Image
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Map

Nebraska Lancaster County Lincoln 68507 University Place

5942 Madison Ave, Lincoln, NE

This home is located at 5942 Madison Ave, Lincoln, NE 68507 and is currently estimated at $249,618, approximately $122 per square foot. 5942 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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