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506 S 8th St; Norfolk, NE Property Details

506 S 8th St, Norfolk, NE is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 506 S 8th St has 3 bedrooms, and 1 bathroom, and a total of 1,620 square feet. The lot size of 506 S 8th St is 5,663 square feet.

Off market
506 S 8th St Norfolk, NE 68701
$110,000 Listing Price
3 Beds
1 Baths
1,620 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $492,226
  • Est. Equity / %: $-371,226 / -306.8%
  • APN: 590071270
  • Situs County: Madison
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,620/SqFt
  • Lot: 5,663/SqFt
  • Attic: 650/SqFt
  • Gross: 1,620/SqFt
  • Garage: 252/SqFt
  • Living: 1,620/SqFt
  • Basement: 742/SqFt
  • Building: 1,620/SqFt
  • Ground: 970/SqFt
  • Basement Unfinished: 958/SqFt
  • Price Per Square Foot: $67.90

Legal Description

  • Description: DURLANDS FIRST ADDITION S1/2 LOT 4 & N1/2 LOT 5, BLK 9; MAP NUMBER: 1501-00-0-60927-009-0004
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: 42.027443 / -97.418304
  • Subdivision: Durlands First Add
  • Property Class: Residential
  • Zoning: SINGLE FAM

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5146
  • Bathroom Fixtures: 4
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

506 S 8th St has no associated ownership info
506 S 8th St has no associated ownership info.

Taxes

506 S 8th St has 10 associated Taxes items

506 S 8th 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 $137,261. The APN we've located for 506 S 8th St is 590071270.

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Taxes
  • Assessed Value:  $137,261
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590071270
  • Assessed Land Value:  7450
  • Market Land Value:  7450
  • Tax Amount:  1602.78
  • Tax Year:  2025
  • Market Value:  137261
  • Market Year:  2025

Tax History

506 S 8th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,261 Land Value $7,450 Improvement Value $129,811 Tax Amount $1,602.78 Change Rate +0.006% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $127,645 Land Value $7,450 Improvement Value $120,195 Tax Amount $1,593.22 Change Rate -0.249112% Assessed CR Tax Rate +0.012482%
Year 2023 Assessed Value $114,767 Land Value $7,450 Improvement Value $107,317 Tax Amount $2,121.78 Change Rate +0.094909% Assessed CR Tax Rate +0.018488%
Year 2022 Assessed Value $103,269 Land Value $7,450 Improvement Value $95,819 Tax Amount $1,937.86 Change Rate +0.126257% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $93,003 Land Value $7,450 Improvement Value $85,553 Tax Amount $1,720.62 Change Rate +0.218207% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $76,576 Land Value $7,450 Improvement Value $69,126 Tax Amount $1,412.42 Change Rate +0.069059% Assessed CR Tax Rate +0.018445%
Year 2019 Assessed Value $69,170 Land Value $7,450 Improvement Value $61,720 Tax Amount $1,321.18 Change Rate +0.151696% Assessed CR Tax Rate +0.0191%
Year 2018 Assessed Value $61,067 Land Value $5,960 Improvement Value $55,107 Tax Amount $1,147.16 Change Rate +0.079213% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $56,517 Land Value $5,960 Improvement Value $50,557 Tax Amount $1,062.96 Change Rate +0.117799% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $50,461 Land Value $5,321 Improvement Value $45,140 Tax Amount $950.94 Change Rate -0.000252% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $50,461 Land Value $5,321 Improvement Value $45,140 Tax Amount $951.18 Change Rate -0.028952% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $50,461 Land Value $5,321 Improvement Value $45,140 Tax Amount $979.54 Change Rate +0.028885% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $47,508 Land Value $5,321 Improvement Value $42,187 Tax Amount $952.04 Change Rate Assessed CR Tax Rate +0.02004%