Large Location Icon

506 S 7th St; Norfolk, NE Property Details

506 S 7th St, Norfolk, NE is a Single Family that was built in 1915. This property is currently Financed and is for sale. Our records show that 506 S 7th St has 2 bedrooms, and 1.75 bathrooms, and a total of 1,439 square feet. The lot size of 506 S 7th St is 5,663 square feet.

On Market for 27 days
506 S 7th St Norfolk, NE 68701
$209,900 Listing Price
2 Beds
1.75 Baths
1,439 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1915
  • Purchase Price: $100,000
  • Open Loans / Balance: 2 / $170,336
  • Est. Equity / %: $13,664 / 7.43%
  • APN: 590070835
  • Situs County: Madison
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C+
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,439/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,593/SqFt
  • Garage: 252/SqFt
  • Living: 1,439/SqFt
  • Basement: 672/SqFt
  • Building: 1,439/SqFt
  • Ground: 969/SqFt
  • Basement Unfinished: 672/SqFt
  • Price Per Square Foot: $69.49

Legal Description

  • Description: DURLANDS FIRST ADDITION LOT 4, BLK 2; MAP NUMBER: 1501-00-0-60927-002-0004
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: 42.027515 / -97.41717
  • Subdivision: Durlands First Add
  • Property Class: Residential
  • Zoning: SINGLE FAM

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5104
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

506 S 7th St has no associated ownership info
506 S 7th St has no associated ownership info.

Taxes

506 S 7th St has 10 associated Taxes items

506 S 7th St, 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 $177,776. The APN we've located for 506 S 7th St is 590070835.

Unlock the full report
Taxes
  • Assessed Value:  $177,776
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590070835
  • Assessed Land Value:  5858
  • Market Land Value:  5858
  • Tax Amount:  2075.88
  • Tax Year:  2025
  • Market Value:  177776
  • Market Year:  2025

Tax History

506 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $177,776 Land Value $5,858 Improvement Value $171,918 Tax Amount $2,075.88 Change Rate +0.007161% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,061.12 Change Rate -0.246645% Assessed CR Tax Rate
Year 2023 Assessed Value $147,986 Land Value $5,858 Improvement Value $142,128 Tax Amount $2,735.92 Change Rate +0.098216% Assessed CR Tax Rate +0.018488%
Year 2022 Assessed Value $132,758 Land Value $5,858 Improvement Value $126,900 Tax Amount $2,491.24 Change Rate +0.101208% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $122,280 Land Value $5,858 Improvement Value $116,422 Tax Amount $2,262.28 Change Rate +0.088619% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $112,667 Land Value $5,858 Improvement Value $106,809 Tax Amount $2,078.12 Change Rate +0.074841% Assessed CR Tax Rate +0.018445%
Year 2019 Assessed Value $101,223 Land Value $5,858 Improvement Value $95,365 Tax Amount $1,933.42 Change Rate +0.145703% Assessed CR Tax Rate +0.019101%
Year 2018 Assessed Value $89,833 Land Value $4,686 Improvement Value $85,147 Tax Amount $1,687.54 Change Rate +0.111716% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $80,710 Land Value $4,686 Improvement Value $76,024 Tax Amount $1,517.96 Change Rate +0.077852% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $74,732 Land Value $4,339 Improvement Value $70,393 Tax Amount $1,408.32 Change Rate -0.000256% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $74,732 Land Value $4,339 Improvement Value $70,393 Tax Amount $1,408.68 Change Rate +0.016642% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $71,380 Land Value $4,339 Improvement Value $67,041 Tax Amount $1,385.62 Change Rate +0.032104% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $66,994 Land Value $4,339 Improvement Value $62,655 Tax Amount $1,342.52 Change Rate Assessed CR Tax Rate +0.020039%