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506 Elm Avenue

506 Elm Avenue, Norfolk, NE 68701
Property in Madison
Sold Jul 23, 2013
$102,000
$150,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Apr 10, 2008
$98,500
$97,727 by Wells Fargo Bank Na
Mortgage Due May 01, 2038
506 Elm Avenue 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 1973 and is 51 years old. The home has a total of 9 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 506 Elm Avenue has 3,012 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 852 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 linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 1,020 ft. The area measurement of the land has been determined as 13,464 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 761 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl 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 and being fueled with gas. The property was last sold in Jul 12, 2013 for $102,000. That's $33.86 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2008 for $98,500. 506 Elm Avenue was last assessed in 2023. The total value of the property was assessed at $265,659. Specifically, the land the property is located on was valued at $11,798. While improvements on the property were assessed at a total of $253,861. 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 $4,911. 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: 1973
  • Effective Year Built: 1973
  • Total Rooms: 9
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 852
  • Garage Type: Attached
  • Garage Square Area: 761
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,464
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,012
  • Gross Building Area: 3,012
  • Building Area: 3,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,012
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWNDALE ADD
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAWNDALE ADDITION E 16 FT LOT 12 & ALL LOTS 13 & 14, BLK 4; MAP NUMBER: 1501-00-0-61370-004-0010

Ownership

  • Current Owner : JASPER ELLI J
  • Previous Owner : MUNN MICHAEL J
  • Previous Owner 2: MUNN ANGELA D
  • Owner Before Previous Owner: REGION IV INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk Public Schools
  • School Tax School District: 30
  • Census Tract: 960700

Zoning

  • Zoning: SINGLE-FAM

Geography

  • Parcel: 590081373
  • Block: 4
  • Lot: 12,13
  • Meridian: SEC 00 TWN 24 RNG 01
  • Latitude: 42.0385
  • Longitude: -97.4144

    Address

  • Full Address: 506 Elm Ave
  • Address - House Number: 506
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Norfolk
  • Carrier Code: C008
  • 4-Digit Zip Code: 4035
  • Zip Code: 68701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,911
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 253,912
  • High Value: 317,418
  • Low Value: 190,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $265,659
  • Market Land Value: $11,798
  • Market Improvement Value: $253,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,659
  • Assessed Land Value: $11,798
  • Assessed Improvements Value: $253,861

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Jul 23, 2013
  • Current Sale Transaction ID: 11461837429
  • Current Sale Price: $102,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-07-2040
  • Previous Sale Recording Date: Apr 10, 2008
  • Previous Sale Contract Date: Apr 10, 2008
  • Previous Sale Amount: $98,500
  • Previous Sale Document Type: Assessor Sales History

    Last Sale Mortgage

  • First Mortgage Lender: CHARTERWEST NATIONAL BANK
  • First Mortgage Transaction Date: Jul 23, 2013
  • First Mortgage Loan Amount: $96,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 10, 2008
  • Previous Mortgage Loan Amount: $97,727
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2038

About Norfolk



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Nearby Rentals

Unit for rent at 507 Elm Ave. #1-4, Norfolk, NE, 68701

$950 /mo

  • 2 Beds
  • 1.5 Baths
507 Elm Ave. #1-4 #507 Elm Ave. #4, Norfolk, NE, 68701 Listing by Manager
Unit for rent at 107 N 16th St, Norfolk, NE, 68701

$950 /mo

  • 2 Beds
  • 1 Bath
  • 890 ft²
107 N 16th St #107 N 16th St, Norfolk, NE, 68701 Listing by Manager

Frequently Asked Questions

What neighborhood is 506 Elm Avenue located in?
The 506 Elm Avenue is a located in the neighborhood of Madison in Norfolk, Norfolk.
What is the average sales price for listings in 506 Elm Avenue?
The average sales price for units in 506 Elm Avenue is $0 currently.

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