Taxes
- Assessed Value: $35,314
- Assessed Year: 2025
- Assessed County: Madison
- APN: 590092227
- Assessed Land Value: 11081
- Market Land Value: 11081
- Tax Amount: 412.38
- Tax Year: 2025
- Market Value: 35314
- Market Year: 2025
507 S 2nd St; Norfolk, NE Property Details
Off market
507 S 2nd St Norfolk, NE 68701
$35,314 Estimated Value
2 Beds
1 Baths
872 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1900
- Purchase Price: $50,000
- Open Loans / Balance: 1 / $48,413
- Est. Equity / %: $74,587 / 60.64%
- APN: 590092227
- Situs County: Madison
- Length Of Ownership: 3 years, 9 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Vinyl siding
- Building Condition: Average
- Building Quality: C-
- Porch Type: Yes
- Roof Cover Type: Composition Shingle
- Water Source: Yes
- Patio Type: Patio
Measurements
- Total: 872/SqFt
- Lot: 9,583/SqFt
- Gross: 872/SqFt
- Living: 872/SqFt
- Basement: 600/SqFt
- Building: 872/SqFt
- Ground: 872/SqFt
- Basement Unfinished: 600/SqFt
- Price Per Square Foot: $57.34
Legal Description
- Description: PASEWALKS ADDITION NW1/4 LOT 6, BLK 5; MAP NUMBER: 1501-00-0-61712-005-0025
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: 42.02761 / -97.40834
- Subdivision: Pasewalks Add
- Property Class: Residential
- Zoning: SINGLE FAM
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5390
- Bathroom Fixtures: 2
- Cooling: Yes
- Heating: Yes
HOA
- H O A One Type: Home Owner Association
Ownership Info
507 S 2nd St has no associated ownership info
507 S 2nd St has no associated ownership info.
Taxes
507 S 2nd St has 10 associated Taxes items
507 S 2nd 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 $35,314. The APN we've located for 507 S 2nd St is 590092227.
Unlock the full reportTax History
507 S 2nd St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $35,314 | Land Value $11,081 | Improvement Value $24,233 | Tax Amount $412.38 | Change Rate +0.026076% | Assessed CR | Tax Rate +0.011678% |
| Year 2024 | Assessed Value $32,718 | Land Value $11,081 | Improvement Value $21,637 | Tax Amount $401.9 | Change Rate -0.313953% | Assessed CR | Tax Rate +0.012284% |
| Year 2023 | Assessed Value $31,688 | Land Value $11,081 | Improvement Value $20,607 | Tax Amount $585.82 | Change Rate +0.058966% | Assessed CR | Tax Rate +0.018487% |
| Year 2022 | Assessed Value $29,480 | Land Value $11,081 | Improvement Value $18,399 | Tax Amount $553.2 | Change Rate +0.086965% | Assessed CR | Tax Rate +0.018765% |
| Year 2021 | Assessed Value $27,509 | Land Value $11,081 | Improvement Value $16,428 | Tax Amount $508.94 | Change Rate +0.071588% | Assessed CR | Tax Rate +0.018501% |
| Year 2020 | Assessed Value $25,749 | Land Value $11,081 | Improvement Value $14,668 | Tax Amount $474.94 | Change Rate +0.013443% | Assessed CR | Tax Rate +0.018445% |
| Year 2019 | Assessed Value $24,538 | Land Value $11,081 | Improvement Value $13,457 | Tax Amount $468.64 | Change Rate +0.194779% | Assessed CR | Tax Rate +0.019099% |
| Year 2018 | Assessed Value $20,880 | Land Value $8,865 | Improvement Value $12,015 | Tax Amount $392.24 | Change Rate +0.048658% | Assessed CR | Tax Rate +0.018785% |
| Year 2017 | Assessed Value $19,888 | Land Value $8,865 | Improvement Value $11,023 | Tax Amount $374.04 | Change Rate -0.001974% | Assessed CR | Tax Rate +0.018807% |
| Year 2016 | Assessed Value $19,888 | Land Value $8,865 | Improvement Value $11,023 | Tax Amount $374.78 | Change Rate -0.000267% | Assessed CR | Tax Rate +0.018845% |
| Year 2015 | Assessed Value $19,888 | Land Value $8,865 | Improvement Value $11,023 | Tax Amount $374.88 | Change Rate -0.02901% | Assessed CR | Tax Rate +0.01885% |
| Year 2014 | Assessed Value $19,888 | Land Value $8,865 | Improvement Value $11,023 | Tax Amount $386.08 | Change Rate -0.031264% | Assessed CR | Tax Rate +0.019413% |
| Year 2013 | Assessed Value $19,888 | Land Value $8,865 | Improvement Value $11,023 | Tax Amount $398.54 | Change Rate | Assessed CR | Tax Rate +0.020039% |