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1007 Madison Ave

Norfolk, NE 68701

4 bd 2 ba 1,680 sqft Built 1915 Lot 4,770 sqft single_family
Most recent sale
$110,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $110,000 Public Record
Sep 7, 2022 Listed $139,900 MLS #220611
Jun 1, 2007 Sold $85,900 Public Record
May 1, 2007 Sold $66,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $191,357 $6,106 $197,463 $2,305
2024 $191,357 $6,106 $197,463 $2,276
2023 $162,552 $6,106 $168,658 $2,950
2022 $145,136 $6,106 $151,242 $2,803
2007 $66,811 $4,391 $71,202 $1,372
2006 $66,811 $4,391 $71,202 $1,367
2004 $62,976 $4,139 $67,115 $1,300

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,680 sqft
Lot size
4,770 sqft
ZIP code
68701
City
Norfolk
Street
Madison Ave
Coordinates
42.03123, -97.42116

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1007 Madison Ave last sell?
1007 Madison Ave most recently sold on Oct 7, 2022 for $110,000.
What is the current tax assessment for 1007 Madison Ave?
The most recent total assessment for 1007 Madison Ave (year 2025) is $197,463 with $2,305 in property tax.
How does 1007 Madison Ave's assessment compare to its last sale price?
The current assessment is 79.5% above the last sale price of $110,000.
When was 1007 Madison Ave built?
1007 Madison Ave was built in 1915.
How does 1007 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1007 Madison Ave?
1007 Madison Ave is a 4 bed, 2 bath, 1,680 sqft, 4,770 sqft lot single_family.
Is 1007 Madison Ave a flip candidate?
No — 1007 Madison Ave does not appear in our flips dataset.
Is 1007 Madison Ave a tax-appeal candidate?
Yes — 1007 Madison Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$272.7K
2026 Q4
$274.3K
ZIP 68701 — Median Price History + Forecast

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