511 Locust St, Panama, NE 68419 Property Records

Lancaster County property record for 511 Locust St, Panama, NE 68419

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,041 sqft · built 1900
Lot Size	0.369 acres (16,117 sqft)
Owner	Individual Name on Record
Last Sale	$68,000 (Oct 2021)
Tax Bill	$3,438 (2025)
Deeds & Mortgages	Jan 2023 Mortgage Dec 2021 Construction Loan + 1 more
Flood Zone	Zone X (minimal risk)
APN	`20-03-314-001-000`

Property Details

APN / Parcel Number

Primary APN	`20-03-314-001-000`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Building Area	1,041 sqft Living Area
1st Floor Area	1,041 sqft
Basement Area	921 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1900
Architectural Style	Bungalow
Exterior Material	Siding
Construction Type	Frame
Roof Material	Composition Shingle
Lot Area	16,117 sqft
Garage Type	Detached
Garage Area	1,040 sqft
Parking Spaces	3 Parking Spaces

Exterior Amenities

Porch	Enclosed Porch
Porch Area	120 sqft
Deck Area	260 sqft
Patio Area	260 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air

Location & Zoning

Street Address	511 LOCUST ST
City	PANAMA
State	NE
Zip	68419-9705
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	HARROP ADDITION, LOT 1
Legal Subdivision	HARROP ADDITION
Legal Lot Number	1
Jurisdiction	LANCASTER NE
Township / Civil Division	PANAMA
Census Block Group	3
Census Block	3026
Census Tract	10402

Owner

Source: Lancaster County records, as of March 16, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Co-owner	Co-owner on Record
Mailing Address	511 LOCUST ST, PANAMA, NE 68419-9705
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jan 25, 2023	Deed of Trust, Mortgage · Conventional Mortgage CMG MORTGAGE INC
Dec 14, 2021	Deed of Trust, Mortgage · Construction Mortgage FIRST NEBRASKA BANK
Oct 12, 2021	Personal Representative Deed, Transfer NEBRASKA TITLE COMPANY-PA, NEBRASKA TITLE COMPANY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 12, 2021 · Amount on Record
Deed Sale	Oct 12, 2021 · Amount on Record
Deed Document Number	2021060708
Record Updated	Jun 8, 2026

January 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LANCASTER NE
Property Address	511 LOCUST ST, PANAMA, NE 68419-9705
Transaction Type	Mortgage
Record Updated	Feb 3, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	511 LOCUST ST, PANAMA, NE 68419-9705

Mortgage

Document Number	0000002234
Date	Jan 25, 2023
Instrument	2023002234

Lender

Name	CMG MORTGAGE INC
Type	Mortgage Company
Address	SAN RAMON, CA 94583

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 1, 2053

Interest

Rate Type	Adjustable Rate
Rate	6.75%
Adjustable	Adjustable Rate Rider
Type Change Date	Feb 1, 2033
Change Frequency	6 Months
Min Rate At Change	3%
Max Rate At Change	11.7%
Index	Other
Margin	3
Max Rate	11.7%

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LANCASTER NE
Property Address	511 LOCUST ST, PANAMA, NE 68419-9705
Transaction Type	Mortgage
Record Updated	Dec 23, 2021
Title Company	NEBRASKA TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	511 LOCUST ST, PANAMA, NE 68419-9705

Mortgage

Document Number	0000072638
Date	Dec 14, 2021
Instrument	2021072638

Lender

Name	FIRST NEBRASKA BANK
Type	Bank
Address	BENNET, NE 68317

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

October 2021: Personal Representative Deed, Transfer

Document Type	Personal Representative Deed
Jurisdiction	LANCASTER NE
Recording Date	Oct 12, 2021
Property Address	511 LOCUST ST, PANAMA, NE 68419-9705
Document Number	0000060708
Instrument Date	Sep 29, 2021
Instrument	2021060708
Transaction Type	Transfer
Record Updated	Oct 20, 2021
Title Company	NEBRASKA TITLE COMPANY-PA, NEBRASKA TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$153.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship

Tax Assessment & Valuation

Source: Lancaster County assessment roll, as of December 31, 2025

Property Jurisdictions

Type	Name
State	Nebraska
County	Lancaster County
Municipality	Panama Village
Unified School District	Norris School District 160 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,438.00 (+26.12%) Homeowner's exemption	$203,900 (+21.01%) Land $40,000 Building $163,900	$203,900 (+21.01%) Land $40,000 Building $163,900
2023	$2,726.00	$168,500 Land $32,000 Building $136,500	$168,500 Land $32,000 Building $136,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 15, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (2008)
Most Recent Claim	Jun 2008 · Severe Storms, Tornadoes, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 56% of the US · above 49% of Nebraska
Wildfire Likelihood	0.1% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	VILLAGE OF PANAMA serves 250 people · EPA ID NE3110908
Water Source	Groundwater
Last State Inspection	Apr 2025
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 97 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Nextlink Fixed Wireless	500 / 100
Verizon Fixed Wireless	300 / 20
Windstream DSL · Fixed Wireless in parts of the area	200 / 20

May also be available: Big Red Communications, GigFire.

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