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1225 W Prospect Ave; Norfolk, NE Property Details

1225 W Prospect Ave, Norfolk, NE is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 1225 W Prospect Ave has 1 bedroom, and 2 bathrooms, and a total of 676 square feet. The lot size of 1225 W Prospect Ave is 4,356 square feet.

Off market
1225 W Prospect Ave Norfolk, NE 68701
$150,000 Listing Price
1 Beds
2 Baths
676 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $150,000
  • Open Loans / Balance: 2 / $37,508
  • Est. Equity / %: $131,492 / 77.81%
  • APN: 590049992
  • Situs County: Madison
  • Length Of Ownership: 2 years, 2 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Building Condition: Average
  • Building Quality: D+
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 676/SqFt
  • Lot: 4,356/SqFt
  • Gross: 676/SqFt
  • Garage: 352/SqFt
  • Living: 676/SqFt
  • Basement: 676/SqFt
  • Building: 676/SqFt
  • Ground: 676/SqFt
  • Basement Unfinished: 676/SqFt
  • Price Per Square Foot: $221.89

Legal Description

  • Description: COLLAMERS ADDITION N 59.32 FT LOT 7 & E 12 FT N 59.32 FT LOT 8, BLK 2; MAP NUMBER: 1501-00-0-60772-002-0007
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: 42.036095 / -97.42604
  • Subdivision: Collamers Add
  • Property Class: Residential
  • Zoning: SINGLE FAM

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3731
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1225 W Prospect Ave has no associated ownership info
1225 W Prospect Ave has no associated ownership info.

Taxes

1225 W Prospect Ave has 10 associated Taxes items

1225 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 $142,913. The APN we've located for 1225 W Prospect Ave is 590049992.

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Taxes
  • Assessed Value:  $142,913
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590049992
  • Assessed Land Value:  4698
  • Market Land Value:  4698
  • Tax Amount:  1668.76
  • Tax Year:  2025
  • Market Value:  142913
  • Market Year:  2025

Tax History

1225 W Prospect Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $142,913 Land Value $4,698 Improvement Value $138,215 Tax Amount $1,668.76 Change Rate +0.007134% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $132,675 Land Value $4,698 Improvement Value $127,977 Tax Amount $1,656.94 Change Rate -0.246613% Assessed CR Tax Rate +0.012489%
Year 2023 Assessed Value $118,963 Land Value $4,698 Improvement Value $114,265 Tax Amount $2,199.32 Change Rate +0.098221% Assessed CR Tax Rate +0.018487%
Year 2022 Assessed Value $106,720 Land Value $4,698 Improvement Value $102,022 Tax Amount $2,002.62 Change Rate +0.130032% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $95,789 Land Value $4,698 Improvement Value $91,091 Tax Amount $1,772.18 Change Rate +0.11684% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $86,029 Land Value $4,698 Improvement Value $81,331 Tax Amount $1,586.78 Change Rate +0.074457% Assessed CR Tax Rate +0.018445%
Year 2019 Assessed Value $77,315 Land Value $4,698 Improvement Value $72,617 Tax Amount $1,476.82 Change Rate +0.0546% Assessed CR Tax Rate +0.019101%
Year 2018 Assessed Value $74,545 Land Value $4,698 Improvement Value $69,847 Tax Amount $1,400.36 Change Rate +0.07886% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $69,015 Land Value $4,698 Improvement Value $64,317 Tax Amount $1,298 Change Rate -0.001984% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $69,015 Land Value $4,698 Improvement Value $64,317 Tax Amount $1,300.58 Change Rate -0.000261% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $69,015 Land Value $4,698 Improvement Value $64,317 Tax Amount $1,300.92 Change Rate +0.27709% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $52,476 Land Value $4,052 Improvement Value $48,424 Tax Amount $1,018.66 Change Rate +0.030907% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $49,308 Land Value $4,052 Improvement Value $45,256 Tax Amount $988.12 Change Rate Assessed CR Tax Rate +0.02004%