NOT LISTED FOR SALE

605 Locust St Panama, NE 68419

Estimated Value: $248,293 - $279,000

2 Beds
2 Baths
1,120 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $222,000 $198 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,673/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 2 Car Detached Garage
  • Norris Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of September 2021

*Contract Pending* Welcome Home to Panama, NE. A 1920's bungalow you just have to see to believe. This home was built specifically for the town Dr. back in the day & I'm sure you won't be disappointed. The home offers 1120 SF w/2 BRs & 2 BAs on the main level. The primary bed has an added 3/4 primary bath w/a huge walk in tile shower. The main bath has been reconfigured & updated for functionality & class. The 2nd BR is quiet & perfect size to spend time cozied up w/a good book. The oak flrs & trim have been well preserved & a drop zone has been added in the kitchen. A full unfinished bsmt is a blank canvas for the new owner. New elec panel, flue for a wood stove & doorway access to outside which makes this bsmt a walk-up other than out. The concrete work in front & lrg back patio make this home magazine worthy w/Concrete exterior walls for added storm protection. The ext. paint, roof, soffits, gutters have been recently replaced W/2+ stall detached garage.

Last Agent to Sell the Property

Jason Slama

Nebraska Realty Brokerage Phone: 402-440-9031 License #20190277 Listed on: 08/05/2021

Nebraska Realty

Last Buyer's Agent

Heidi Brandt

HOME Real Estate License #20190190

HOME Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1920

Lot Details

  • 1.21 Acre Lot
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Norris Elementary And Middle School
  • Norris High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2003300033000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 2003300033000
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Lot Size: 1.21 Acres
  • Ownership: Fee Simple
  • Directions: Reference GPS
  • Above Grade Finished Sq Ft: 1120
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-440-9031
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Basement: Walk-Up Access, Unfinished
  • Appliances: Oven - No Cooktop, Dishwasher, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 1120
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bathroom Features: 3/4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Wood, Forced Air, Wood Assist
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Norris
  • Elementary School: Norris
  • Junior High Dist: Norris
  • Middle Or Junior School: Norris

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1 up to 5 Acres, City Lot, Sloped
  • Lot Size Sq Ft: 52708
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2135.4

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 16, 2021
Sold by
Buda Thomas and Budda Lyndsie
Bought by
Kucera Zachary M and Kucera Elizabeth A
Seller's Agent
Jason Slama
Nebraska Realty
Buyer's Agent
Heidi Brandt
HOME Real Estate
List Price
$215,000
Sold Price
$222,000
Premium/Discount to List
$7,000
3.26%
Current Estimated Value
$263,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,573
Avg. Annual Appreciation
3.24%
Original Mortgage
$224,242
Outstanding Balance
$204,638
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$47,201

Purchase Details

Listed on
Jul 18, 2013
Closed on
Nov 25, 2013
Sold by
Harrop Kathleen J and Harrop Robert I
Bought by
Buda Thomas
Seller's Agent
Robert Ryan
Coldwell Banker NHS RE
Buyer's Agent
Matthew Kinning
Giving Realty
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$76,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Harrop Kathleen J
Bought by
Severson Perry L and Severson Janeanne R

Purchase Details

Closed on
Jun 29, 2010
Sold by
Olson Bradley K and Olson Kimberly S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2007
Sold by
English Janet Kay
Bought by
Olson Bradley K and Olson Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2005
Sold by
Boyd Robert W and Boyd Margaret J
Bought by
English Janet Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,392
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2003
Sold by
Hagelgantz Lila N and Hagelgantz Evans
Bought by
Boyd Robert W and Boyd Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,050
Interest Rate
5.93%
Mortgage Type
VA
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
Kucera Zachary M $222,000 None Available
Buda Thomas $80,000 Nebraska Land Title & Abstra
Severson Perry L $2,000 None Available
Harrop Kathleen J -- None Available
Federal National Mortgage Association $153,982 None Available
Olson Bradley K $126,000 None Available
English Janet Kay $120,000 --
Boyd Robert W $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kucera Zachary M $224,242
Previous Owner Buda Thomas $76,000
Previous Owner Olson Bradley K $126,000
Previous Owner English Janet Kay $120,392
Previous Owner Boyd Robert W $106,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $222,000 +3.3% $198 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $215,000 +168.8% $192 / Sq Ft
11/25/2013 11/25/13 Sold $80,000 -5.8% $70 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $84,900 -- $75 / 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 $2,877 $214,500 $44,600 $169,900
2023 $3,321 $205,300 $44,600 $160,700
2022 $3,533 $176,600 $38,100 $138,500
2021 $2,793 $147,500 $38,100 $109,400
2020 $2,135 $109,500 $35,500 $74,000
2019 $2,141 $109,500 $35,500 $74,000
2018 $1,817 $90,000 $27,200 $62,800
2017 $1,813 $90,000 $27,200 $62,800
2016 $1,685 $83,000 $27,200 $55,800
2015 $1,693 $83,000 $27,200 $55,800
2014 $2,006 $96,500 $27,200 $69,300
2013 -- $85,400 $16,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22118305

Great Plains Regional MLS

APN: 20-03-300-033-000