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5709 Madison Avenue

5709 Madison Avenue, Lincoln, NE 68507
Property in University Place
Sold Aug 18, 1998
$72,000
$57,200 by First Mtg Corp
Mortgage Due Sep 01, 2028
5709 Madison Avenue in Lincoln, NE was first built in 1942 and is 82 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5709 Madison Avenue has 734 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 720 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,420. In total, the area measurement of the land is 7,107 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Aug 13, 1998 for $72,000. That's $49.52 per sqft. 5709 Madison Avenue was last assessed in 2023. The total value of the property was assessed at $146,600. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $106,600. 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 $1,978. 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: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,107
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,454
  • Gross Building Area: 1,454
  • Building Area: 734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PLACE
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY PLACE, BLOCK 64, LOT 5

Ownership

  • Current Owner : CLARK CARL
  • Current Owner 2: CLARK SHARON
  • Previous Owner : CHEATUM TERRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 000201

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-16-115-005-000
  • Block: 64
  • Lot: 5
  • Municipality: LINCOLN
  • Latitude: 40.8401
  • Longitude: -96.6424

    Address

  • Full Address: 5709 Madison Ave
  • Address - House Number: 5709
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C023
  • 4-Digit Zip Code: 2355
  • Zip Code: 68507

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,978
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 157,796
  • High Value: 190,049
  • Low Value: 125,543

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $97,200
  • First Open Lien Mortgage Lender: FIRST MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 18, 1998
  • First Open Lien Mortgage Loan Amount: $57,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2028
  • Second Open Lien Mortgage Lender: METRO HEALTH SERVICES FCU
  • Second Open Lien Mortgage Recording Date: May 08, 2018
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2033

    Market Valuation

  • Market Total Value: $146,600
  • Market Land Value: $40,000
  • Market Improvement Value: $106,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,600
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $106,600

    Sales

  • Current Sale Contract Date: Aug 13, 1998
  • Current Sale Recording Date: Aug 18, 1998
  • Current Sale Transaction ID: 1161387919
  • Current Sale Price: $72,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 98-042212

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MTG CORP
  • First Mortgage Transaction Date: Aug 18, 1998
  • First Mortgage Loan Amount: $57,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028

About University Place



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Frequently Asked Questions

What neighborhood is 5709 Madison Avenue located in?
The 5709 Madison Avenue is a located in the neighborhood of University Place in University Place, Lincoln.
What is the average sales price for listings in 5709 Madison Avenue?
The average sales price for units in 5709 Madison Avenue is $0 currently.

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