Check Availability

705 West 7th Street

705 West 7th Street, Ogallala, NE 69153
Property in Keith
Sold Nov 15, 2021
$200,000
$190,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Sep 15, 2017
$130,000
$104,000 by First National Bank Of Omaha
Mortgage Due Oct 01, 2047
705 West 7th Street has been categorized by the local assessors in Ogallala, NE as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 705 West 7th Street has 1,521 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,250 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 detached garage for those who require parking. The garage measured 384 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 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. 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, 705 West 7th Street was last sold in Nov 15, 2021 for $200,000. According to our calculations, that's $131.49 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Sep 15, 2017. Current property owners are expected to pay $2,736 in taxes per year. The property on 705 West 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $196,030. To break that down further, the land itself was valued at $10,125. While improvements to the property were assessed at a total of $185,905. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,927
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,521
  • Building Area: 1,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,521
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEARLES 3RD ADD
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK 43 SEARLE'S 3RD ADD 1----16

Ownership

  • Current Owner : WOLVERTON SHAWN
  • Previous Owner : NELSON DANIEL S
  • Owner Before Previous Owner: KORTH JAMES R
  • Owner Before Previous Owner 2: KORTH KAMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ogallala Public Schools
  • School Tax School District: 1
  • Census Tract: 000100

Zoning

  • Zoning: 02-MULTI-F

Geography

  • Parcel: 064012900
  • Block: 43
  • Lot: 9
  • Meridian: SEC 06 TWN 13 RNG 38
  • Municipality: TAX DIST 1
  • Latitude: 41.1295
  • Longitude: -101.727

    Address

  • Full Address: 705 W 7th St
  • Address - House Number: 705
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Ogallala
  • Carrier Code: C001
  • 4-Digit Zip Code: 1307
  • Zip Code: 69153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,736
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 228,888
  • High Value: 269,417
  • Low Value: 188,358

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $199,339
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: PINNACLE BANK
  • Second Open Lien Mortgage Recording Date: Oct 18, 2023
  • Second Open Lien Mortgage Loan Amount: $9,339
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 18, 2053

    Market Valuation

  • Market Total Value: $196,030
  • Market Land Value: $10,125
  • Market Improvement Value: $185,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,030
  • Assessed Land Value: $10,125
  • Assessed Improvements Value: $185,905

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11869421450
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-02395
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Contract Date: Sep 15, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • Previous Mortgage Transaction Date: Sep 15, 2017
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Ogallala



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 705 West 7th Street located in?
The 705 West 7th Street is a located in the neighborhood of Keith in Ogallala, Ogallala.
What is the average sales price for listings in 705 West 7th Street?
The average sales price for units in 705 West 7th Street is $0 currently.

Quantcast