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1224 W Prospect Ave; Norfolk, NE Property Details

1224 W Prospect Ave, Norfolk, NE is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 1224 W Prospect Ave has 2 bedrooms, and 1 bathroom, and a total of 896 square feet. The lot size of 1224 W Prospect Ave is 8,712 square feet.

Off market
1224 W Prospect Ave Norfolk, NE 68701
$69,650 Listing Price
2 Beds
1 Baths
896 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $70,000
  • Open Loans / Balance: 1 / $43,726
  • Est. Equity / %: $109,274 / 71.42%
  • APN: 590108484
  • Situs County: Madison
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes

Measurements

  • Total: 896/SqFt
  • Lot: 8,712/SqFt
  • Gross: 896/SqFt
  • Garage: 440/SqFt
  • Living: 896/SqFt
  • Basement: 896/SqFt
  • Building: 896/SqFt
  • Ground: 896/SqFt
  • Basement Unfinished: 896/SqFt
  • Price Per Square Foot: $78.13

Legal Description

  • Description: VERGES SUBURBAN LOTS LOT 6, BLK 6; MAP NUMBER: 1501-00-0-62137-006-0005
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk Public Schools
  • Lat / Lon: 42.03648 / -97.426056
  • Subdivision: Verges Sub
  • Property Class: Residential
  • Zoning: SINGLE FAM

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3705
  • Bathroom Fixtures: 2
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

1224 W Prospect Ave has no associated ownership info
1224 W Prospect Ave has no associated ownership info.

Taxes

1224 W Prospect Ave has 10 associated Taxes items

1224 W Prospect Ave, Norfolk, NE pays taxes in Madison County, NE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $133,161. The APN we've located for 1224 W Prospect Ave is 590108484.

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Taxes
  • Assessed Value:  $133,161
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590108484
  • Assessed Land Value:  9583
  • Market Land Value:  9583
  • Tax Amount:  1554.9
  • Tax Year:  2025
  • Market Value:  133161
  • Market Year:  2025

Tax History

1224 W Prospect Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $133,161 Land Value $9,583 Improvement Value $123,578 Tax Amount $1,554.9 Change Rate +0.005042% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $124,007 Land Value $9,583 Improvement Value $114,424 Tax Amount $1,547.1 Change Rate -0.251147% Assessed CR Tax Rate +0.012476%
Year 2023 Assessed Value $111,747 Land Value $9,583 Improvement Value $102,164 Tax Amount $2,065.96 Change Rate +0.092199% Assessed CR Tax Rate +0.018488%
Year 2022 Assessed Value $100,801 Land Value $9,583 Improvement Value $91,218 Tax Amount $1,891.56 Change Rate +0.123201% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $91,028 Land Value $9,583 Improvement Value $81,445 Tax Amount $1,684.08 Change Rate +0.109407% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $82,302 Land Value $9,583 Improvement Value $72,719 Tax Amount $1,518 Change Rate +0.066595% Assessed CR Tax Rate +0.018444%
Year 2019 Assessed Value $74,511 Land Value $9,583 Improvement Value $64,928 Tax Amount $1,423.22 Change Rate +0.051744% Assessed CR Tax Rate +0.019101%
Year 2018 Assessed Value $72,036 Land Value $9,583 Improvement Value $62,453 Tax Amount $1,353.2 Change Rate +0.072419% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $67,091 Land Value $9,583 Improvement Value $57,508 Tax Amount $1,261.82 Change Rate -0.001977% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $67,091 Land Value $9,583 Improvement Value $57,508 Tax Amount $1,264.32 Change Rate -0.000269% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $67,091 Land Value $9,583 Improvement Value $57,508 Tax Amount $1,264.66 Change Rate +0.157795% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $56,270 Land Value $8,261 Improvement Value $48,009 Tax Amount $1,092.3 Change Rate +0.025923% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $53,129 Land Value $8,261 Improvement Value $44,868 Tax Amount $1,064.7 Change Rate Assessed CR Tax Rate +0.02004%