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2506 Commerce Avenue

2506 Commerce Avenue, Grand Island, NE 68801
House in Hall
Sold Aug 07, 2020
$159,000
$140,000 by Charter West Bank
Mortgage Due Sep 01, 2050
Local assessors in Grand Island, NE have categorized 2506 Commerce Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 18,573 square feet. The linear feet between the front and back of the lot was measured at 1,068 ft and the front of the lot was measured at 1,068 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2506 Commerce Avenue has a total of 1,048 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,048 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2506 Commerce Avenue was last sold in Jul 31, 2020 for $159,000. According to our calculations, that's $151.72 per sqft. Current property owners are expected to pay $2,685 in taxes per year. The property on 2506 Commerce Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $129,781. To break that down further, the land itself was valued at $26,258. While improvements to the property were assessed at a total of $103,523. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,048
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,573
  • Lot Size Depth Feet: 1,068
  • Lot Size Frontage Feet: 1,068
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK-VIEW SUB
  • Land Acres: 0.426
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK-VIEW SUB LT 14 BLK C; MAP NUMBER: 3315-00-0-13825-003-0014

Ownership

  • Current Owner : UPTHAGROVE STACY J
  • Previous Owner : HOFFMAN CHARLES H
  • Previous Owner 2: HOFFMAN CHRISTINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Island Public Schools
  • School Tax School District: GRAND ISLAND 2
  • School Tax District Code 2: 40-0002
  • Census Tract: 001200

Zoning

  • Zoning: 01-SINGLE

Geography

  • District: 3315
  • Parcel: 400075938
  • Block: C
  • Lot: 14
  • Municipality: GRAND ISLAND 2
  • Latitude: 40.8987
  • Longitude: -98.3597

    Address

  • Full Address: 2506 Commerce Ave
  • Address - House Number: 2506
  • Address - Street Name: Commerce
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Grand Island
  • Carrier Code: C030
  • 4-Digit Zip Code: 7325
  • Zip Code: 68801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,685
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 229,674
  • High Value: 276,723
  • Low Value: 182,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: CHARTER WEST BANK
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $129,781
  • Market Land Value: $26,258
  • Market Improvement Value: $103,523

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,781
  • Assessed Land Value: $26,258
  • Assessed Improvements Value: $103,523

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11781349732
  • Current Sale Price: $159,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202005758

    Last Sale Mortgage

  • First Mortgage Lender: CHARTER WEST BANK
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Grand Island



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Frequently Asked Questions

What neighborhood is 2506 Commerce Avenue located in?
The 2506 Commerce Avenue is a house located in the neighborhood of Hall in Grand Island, Grand Island.
What is the average sales price for listings in 2506 Commerce Avenue?
The average sales price for units in 2506 Commerce Avenue is $0 currently.

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