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Sold for $257,500
  • $257,500

    5500 W Madison Ave, Lincoln, NE 68524

    3beds
    3baths
    1,514sqft
    Single Family Residence
    Built in 2000
    9,583 Square Feet Lot
    $288,600 Zestimate®
    $170/sqft
    $2,037 Estimated rent

    Home value

    $288,600

    $274,000 - $303,000

    $2,037/mo

    Zestimate® history
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    What's special

    Storage shedCozy fireplaceOversized lotInformal dining areaSpacious family roomExpansive lotUpdated bathroom
    Welcome to this immaculately renovated 3-bed, 3-bath Split-Entry home on an expansive lot! The main level boasts an inviting living room with a cozy fireplace and a sunlit bay window. The kitchen seamlessly connects to the informal dining area, which opens up to a back deck. On the same level, you'll discover the well-appointed bedrooms, including a luxurious primary suite, and a full bath for added convenience. Descending to the lower level, a spacious family room awaits, which can also function as a 4th non-conforming bedroom. An updated bathroom, a convenient laundry area, and an extra-large two-stall garage complete this level.Step outside to appreciate the deck, storage shed, and a fenced-in backyard. Plus, the oversized lot offers endless possibilities for expanding your outdoor haven. Don't miss the opportunity to make this dream home yours! Schedule your showing today and witness the transformation for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Briggs 402-202-0319,

    Keller Williams Lincoln,

    Derek Kats 402-770-5021,

    Keller Williams Lincoln

    Bought with:

    Rocio Cubas, 20180412

    Excel Realty Group LLC

    Source: GPRMLS,MLS#: 22324781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Primary bedroom
    • Level: Main
    Basement
    • Area: 528
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,514
    • Total interior livable area: 1,514 sqft
    • Finished area above ground: 1,164
    • Finished area below ground: 350

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Split Entry
    • Patio & porch: Deck
    • Fencing: Full,Privacy
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 125 x 78
    • Features: Up to 1/4 Acre.
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1118132001000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Olympic Heights / Oak Hills
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $260,300
    • Annual tax amount: $3,421
    • Date on market: 10/21/2023
    • Listing terms: VA Loan,FHA,Conventional,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/8/2023Sold$257,500-2.8%$170/sqft
    Source: GPRMLS #22324781 Report a problem
    11/20/2023Pending sale$265,000$175/sqft
    Source: GPRMLS #22324781 Report a problem
    10/21/2023Listed for sale$265,000+43.2%$175/sqft
    Source: GPRMLS #22324781 Report a problem
    5/17/2023Sold$185,000+54.2%$122/sqft
    Source: Public Record Report a problem
    10/9/2012Sold$120,000+5.3%$79/sqft
    Source: GPRMLS #L10098354 Report a problem
    8/24/2012Listing removed$700
    Source: Rentspeed.com Report a problem
    8/7/2012Listed for rent$700
    Source: Rentspeed.com Report a problem
    4/20/2000Sold$114,000$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,345 +8.9%$260,300 +17.1%
    2024$3,071 -17.5%$222,200
    2023$3,724 +3%$222,200 +22.2%
    2022$3,615 -0.2%$181,800
    2021$3,623 +15.5%$181,800 +10.7%
    2020$3,137 -5.2%$164,200
    2019$3,309 +15.8%$164,200 +15.2%
    2018$2,858 +4.5%$142,500
    2017$2,735 +15.3%$142,500 +17%
    2016$2,372 $121,800
    2015$2,372 +0.7%$121,800 +2.4%
    2014$2,355 +1.9%$118,900
    2013$2,312 $118,900
    2012-- $118,900 +3.8%
    2011-- $114,600
    2010-- $114,600
    2009-- $114,600 -9.7%
    2008-- $126,978
    2007-- $126,978
    2006-- $126,978
    2005$2,412 +1.3%--
    2004$2,381 --
    2003$2,381 +12.7%--
    2002$2,112 +1%--
    2001$2,092 +693.7%--
    2000$264 --
    Find assessor info on the county website

    Neighborhood: 68524

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Arnold
    • Middle: Schoo
    • High: Lincoln North Star
    • District: Lincoln Public Schools

    Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $288,600
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    With Zillow Showcase(estimated)
    $294,372