NOT LISTED FOR SALE

767 Princeton Rd Martell, NE 68404

Estimated Value: $350,000 - $426,000

3 Beds
2 Baths
1,504 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $322,500 $214 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,314/month

2 Days on Market

Highlights

  • Secluded Lot
  • Wooded Lot
  • Wood Flooring
  • Norris Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of November 2023

Contract Pending. Welcome to your own slice of rural paradise! Nestled on a serene 5-acre plot, this vintage 1926 farmhouse offers endless possibilities for those seeking a peaceful retreat or a homestead to bring to life. Tucked away just a half-mile off Hwy 77, this property offers a private and tranquil setting just minutes away from Lincoln. Surrounded by farmland, it provides a sense of seclusion while still being just a short drive from the amenities and conveniences of both Lincoln and Beatrice. The 32' x 44' garage, constructed in 2014, adds a touch of country style to the property. Its barn-like design with a concrete floor not only serves as functional storage but also enhances the property's overall appeal. With mature trees, historic character, and natural beauty - this is a gem waiting to be uncovered. Don't miss your chance to turn this vintage farmhouse into the home of your dreams.

Last Agent to Sell the Property

Vern Sorensen

HOME Real Estate License #20200667 Listed on: 09/28/2023

HOME Real Estate

Last Buyer's Agent

Dayton Spomer

Nebraska Realty License #20150199

Nebraska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1926

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 462 x 477
  • Vinyl Fence
  • Secluded Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Norris Elementary And Middle School
  • Norris High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Martell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0723200001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,394

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Parcel Number: 0723200001000
  • Property Sub Type: Single Family Residence
  • Year Built: 1926
  • Prop. Type: Residential
  • Lot Size Acres: 5.06
  • Lot Size: 462 x 477
  • Ownership: Fee Simple
  • Subdivision Name: Martell
  • Directions: Take Hwy 77 to half-mile south of Princeton. Then west on Princeton Rd 1/2 mile. Property is on south side of road.
  • Above Grade Finished Sq Ft: 1504
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: Formal Dining Room
  • Basement: Partial
  • Appliances: Range - Cooktop + Oven, Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Other
  • Living Area: 1504
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 64
  • Room Bedroom2 Area: 99
  • Bedroom 1 Level: 2nd Floor
  • Room Bedroom2 Level: 2nd Floor
  • Room Dining Room Area: 143
  • Room Living Room Area: 325
  • Dining Room Dining Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 132
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11

Exterior Features

  • Foundation Details: Block
  • Fencing: Vinyl/PVC
  • Home Warranty: No
  • Construction Type: Wood, Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well

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 5 up to 10 Acres, Wooded, Secluded
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3393.6

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 1, 2023
Sold by
Cumro Debra K
Bought by
Cumro Dennis and Robinson Kimberly
Seller's Agent
Vern Sorensen
HOME Real Estate
Buyer's Agent
Dayton Spomer
Nebraska Realty
List Price
$310,000
Sold Price
$322,500
Premium/Discount to List
$12,500
4.03%
Views
87
Current Estimated Value
$381,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,654
Avg. Annual Appreciation
4.81%
Original Mortgage
$272,500
Outstanding Balance
$245,108
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$106,175

Purchase Details

Closed on
Oct 19, 2001
Sold by
Boesiger Ronald D and Boesinger Ardis M
Bought by
Cumro Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.71%
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
Cumro Dennis $323,000 402 Title Services
Cumro Debra K $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumro Dennis $272,500
Previous Owner Cumro Debra K $90,000
Previous Owner Cumro Debra K $80,000
Previous Owner Cumro Debra K $68,000
Previous Owner Cumro Debra K $20,000
Previous Owner Cumro Debra K $20,000
Previous Owner Cumro Debra K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $322,500 +4.0% $214 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $310,000 -- $206 / 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 $2,850 $313,600 $104,400 $209,200
2023 $3,884 $304,400 $104,400 $200,000
2022 $3,620 $218,600 $81,000 $137,600
2021 $3,385 $218,600 $81,000 $137,600
2020 $2,971 $188,800 $72,000 $116,800
2019 $2,965 $188,800 $72,000 $116,800
2018 $2,979 $190,000 $72,000 $118,000
2017 $2,985 $190,000 $72,000 $118,000
2016 $2,575 $165,500 $45,000 $120,500
2015 $2,577 $165,500 $45,000 $120,500
2014 $1,857 $116,800 $40,500 $76,300
2013 -- $116,800 $40,500 $76,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22322743

Great Plains Regional MLS

APN: 07-23-200-001-000