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2403 Timber Meadows Lane

2403 Timber Meadows Lane, Norfolk, NE 68701
Property in Madison
Sold Jun 01, 2021
$621,000
$496,800 by Madison County Bank
Mortgage Due Jun 01, 2036
Sold Feb 08, 2012
$56,000
2403 Timber Meadows Lane has been categorized by the local assessors in Norfolk, NE as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 7 full bathrooms. There are 7 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2403 Timber Meadows Lane has 2,557 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,557 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 219,978 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,209 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 25, 2021 for $621,000. That's $242.86 per sqft. Prior to that sales transaction, the property was also sold in Jan 29, 2012 for $56,000. 2403 Timber Meadows Lane was last assessed in 2023. The total value of the property was assessed at $563,498. Specifically, the land the property is located on was valued at $47,600. While improvements on the property were assessed at a total of $515,898. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,676. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Fair
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,557
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 1,209
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 219,978
  • Total Building Area: 2,557
  • Gross Building Area: 2,557
  • Building Area: 2,557
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBER MEADOWS SUB
  • Land Acres: 5.05
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: TIMBER MEADOWS SUBDIVISION LOT 12 (6-23-1); MAP NUMBER: 1551-36-0-00297-000-0012

Ownership

  • Current Owner : CONOVER BENJAMIN
  • Current Owner 2: CONOVER SARAH
  • Previous Owner : ANDERSON RYAN M
  • Previous Owner 2: ANDERSON LACOHN M
  • Owner Before Previous Owner: WHITE & MIMICK L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk Public Schools
  • School Tax School District: 55
  • Census Tract: 961100

Zoning

  • Zoning: AGRICULTUR

Geography

  • Parcel: 590170957
  • Lot: 12
  • Meridian: SEC 36 TWN 23 RNG 01
  • Latitude: 42.0018
  • Longitude: -97.4815

    Address

  • Full Address: 2403 Timber Meadows Ln
  • Address - House Number: 2403
  • Address - Street Name: Timber Meadows
  • Address - Suffix Type: Ln
  • State: NE
  • City Name: Norfolk
  • Carrier Code: R007
  • 4-Digit Zip Code: 1301
  • Zip Code: 68701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,676
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 621,812
  • High Value: 751,197
  • Low Value: 492,427

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,800
  • First Open Lien Mortgage Lender: MADISON COUNTY BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $496,800
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $563,498
  • Market Land Value: $47,600
  • Market Improvement Value: $515,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,498
  • Assessed Land Value: $47,600
  • Assessed Improvements Value: $515,898

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11839439132
  • Current Sale Price: $621,000
  • Current Sale Document Type: Survivorship Deed
  • Previous Sale Recording Date: Feb 08, 2012
  • Previous Sale Contract Date: Jan 29, 2012
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: MADISON COUNTY BANK
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $496,800
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

About Madison



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Frequently Asked Questions

What neighborhood is 2403 Timber Meadows Lane located in?
The 2403 Timber Meadows Lane is a located in the neighborhood of Madison in Madison, Norfolk.
What is the average sales price for listings in 2403 Timber Meadows Lane?
The average sales price for units in 2403 Timber Meadows Lane is $0 currently.

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