Sold for $261,000

$261,000

535 Illinois Pl, Palmyra, NE 68418

5beds

2,298sqft

Single Family Residence

Built in 1926

0.36 Acres Lot

$284,300 Zestimate^®

$114/sqft

$2,384 Estimated rent

Home value

$284,300

$270,000 - $299,000

$2,384/mo

Zestimate^® history

Owner options

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$2,384/mo

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$2,384/mo

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$1,732/mo

Est. payment

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$1,732/mo

Est. payment

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What's special

Hvac servicedStorage shedSpacious corner lotBrand new roof

Referred to as "The Olsen House" to locals and in historic records. This 2 story Colonial home has it all with 5 beds, 2.25 baths, and a 2 car garage. Find a place to unwind in either one of the two living spaces, the four seasons room or one of the generously sized bedrooms. This spacious corner lot is sitting right at 1/3 of an acre with a greenhouse, fenced in garden, storage shed, patio and 5 parking spaces. Located right across the st from the village library and blocks away from the school, downtown and parks. Enjoy the small-town living and only 12 minutes from 84th and Hwy 2. Brand new roof as of December 4th and HVAC serviced as of December 6th.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Second
Area: 168
Dimensions: 14 x 12

Bedroom 2

Level: Second
Area: 144
Dimensions: 12 x 12

Bedroom 3

Level: Second
Area: 132
Dimensions: 12 x 11

Bedroom 4

Level: Second
Area: 108
Dimensions: 9 x 12

Bedroom 5

Level: Basement
Area: 132
Dimensions: 11 x 12

Dining room

Level: Main
Area: 182
Dimensions: 13 x 14

Family room

Level: Basement
Area: 176
Dimensions: 16 x 11

Kitchen

Level: Main
Area: 143
Dimensions: 13 x 11

Living room

Level: Main
Area: 255
Dimensions: 17 x 15

Basement

Area: 840

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Range, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
Laundry: Concrete Floor

Features

High Ceilings, Formal Dining Room, Pantry
Flooring: Carpet, Ceramic Tile
Basement: Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,298
Total interior livable area: 2,298 sqft
Finished area above ground: 1,856
Finished area below ground: 442

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: Two
Patio & porch: Patio
Fencing: None

Lot

Size: 0.36 Acres
Dimensions: 120 x 130
Features: Over 1/4 up to 1/2 Acre, Corner Lot

Details

Additional structures: Shed(s), Greenhouse
Parcel number: 005317000

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Block
Roof: Composition

Condition

Not New and NOT a Model
New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available, Fiber Optic, Cable Available

Community & HOA

Community

Subdivision: SE Lancaster

HOA

Has HOA: No

Location

Region: Palmyra

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $173,931
Annual tax amount: $2,394
Date on market: 11/10/2023
Listing terms: Conventional,Cash
Ownership: Fee Simple
Electric utility on property: Yes

Price history

Date	Event	Price
1/19/2024	Sold	$261,000-3.2%$114/sqft
Source: GPRMLS #22326144 Report a problem
12/22/2023	Pending sale	$269,750$117/sqft
Source: GPRMLS #22326144 Report a problem
11/27/2023	Listed for sale	$269,750$117/sqft
Source: GPRMLS #22326144 Report a problem
11/11/2023	Pending sale	$269,750$117/sqft
Source: GPRMLS #22326144 Report a problem
11/5/2023	Listed for sale	$269,750+69.7%$117/sqft
Source: GPRMLS #22326144 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/6/2014	Listing removed	$159,000$69/sqft
Source: Owner Report a problem
10/2/2014	Listed for sale	$159,000$69/sqft
Source: Owner Report a problem
8/5/2014	Listing removed	$159,000$69/sqft
Source: Owner Report a problem
5/7/2014	Listed for sale	$159,000$69/sqft
Source: Owner Report a problem
9/9/2013	Listing removed	$159,000$69/sqft
Source: Owner Report a problem
6/11/2013	Price change	$159,000+6.7%$69/sqft
Source: Owner Report a problem
3/14/2013	Listed for sale	$149,000+7.2%$65/sqft
Source: Owner Report a problem
7/18/2012	Listing removed	$139,000$60/sqft
Source: Owner Report a problem
4/19/2012	Listed for sale	$139,000$60/sqft
Source: Owner Report a problem
1/16/2012	Listing removed	$139,000$60/sqft
Source: Owner Report a problem
9/29/2011	Listed for sale	$139,000$60/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,518 +10.4%	$173,931 +6.8%
2024	$2,280 -21.7%	$162,861 +24.4%
2023	$2,912 +21.6%	$130,927 +20.1%
2022	$2,394 +26.5%	$109,010
2021	$1,893 +8.1%	$109,010 +8.8%
2020	$1,752 +6.2%	$100,230 +3.6%
2019	$1,650 +3.2%	$96,730
2018	$1,598	$96,730
2017	$1,598 -3.7%	$96,730 +4.8%
2016	$1,659	$92,330
2015	$1,659 +12.8%	$92,330 +13.9%
2014	$1,471 -3.6%	$81,040
2012	$1,526 -2.2%	$81,040
2011	$1,560 -0.3%	$81,040
2010	$1,565 0%	$81,040
2009	$1,565	$81,040