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516 Redwood Road

516 Redwood Road, Grand Island, NE 68803
House in Hall
Sold Oct 11, 2019
$285,000
$197,000 by Equitable Bank
Mortgage Due Nov 01, 2049
Sold Aug 14, 2017
$275,000
$244,900 by First National Bank Of Omaha
Mortgage Due Sep 01, 2047
Local assessors in Grand Island, NE have categorized 516 Redwood Road as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 6,783 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 4 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 3 full bathrooms. There are also 4 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 516 Redwood Road has a total of 1,419 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 1,405 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 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 unknown 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 516 Redwood Road was last sold in Sep 25, 2019 for $285,000. According to our calculations, that's $200.85 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Aug 1, 2017. Current property owners are expected to pay $5,664 in taxes per year. The property on 516 Redwood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $303,073. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $278,073. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,405
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,783
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTWOOD PARK THIRTEENTH SUB
  • Land Acres: 0.156
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: WESTWOOD PARK THIRTEENTH SUB LT 3; MAP NUMBER: 3315-00-0-16017-000-0003

Ownership

  • Current Owner : ZAHM ROBERT M
  • Current Owner 2: ZAHM MARY E
  • Previous Owner : MENDEZ JUAN F
  • Previous Owner 2: MATEO EMILIA M LOPEZ
  • Owner Before Previous Owner: RATLIFF CURT L
  • 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: 000600

Zoning

  • Zoning: 01-SINGLE

Geography

  • District: 3315
  • Parcel: 400494874
  • Lot: 3
  • Municipality: GRAND ISLAND 2 38AB
  • Latitude: 40.9227
  • Longitude: -98.4067

    Address

  • Full Address: 516 Redwood Rd
  • Address - House Number: 516
  • Address - Street Name: Redwood
  • Address - Suffix Type: Rd
  • State: NE
  • City Name: Grand Island
  • Carrier Code: R010
  • 4-Digit Zip Code: 3127
  • Zip Code: 68803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,664
  • Tax Rate Code Area: 45

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 373,461
  • High Value: 435,309
  • Low Value: 311,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: EQUITABLE BANK
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $197,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $303,073
  • Market Land Value: $25,000
  • Market Improvement Value: $278,073

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,073
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $278,073

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11662779328
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906336
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Aug 01, 2017
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITABLE BANK
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $197,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • Previous Mortgage Transaction Date: Aug 14, 2017
  • Previous Mortgage Loan Amount: $244,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Grand Island



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Nearby Rentals

Unit for rent at 1011 - 1116 Starwood Avenue, Grand Island, NE, 68803

$1,075 /mo

  • 2 Beds
  • 2 Baths
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1011 - 1116 Starwood Avenue #1011 Starwood Avenue Apt #12, Grand Island, NE, 68803 Listing by Manager

Frequently Asked Questions

What neighborhood is 516 Redwood Road located in?
The 516 Redwood Road is a house located in the neighborhood of Hall in Grand Island, Grand Island.
What is the average sales price for listings in 516 Redwood Road?
The average sales price for units in 516 Redwood Road is $0 currently.

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