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Single Family ResidenceResidential
$327,849$140 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

551 R RD

PALMER, NE 68864
0
Baths
2,344 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.44 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$328K
$273K low$383K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,948 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$360,440 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$299,540
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$347,150
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$360,440

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
38
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
73
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
41
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMERRICK
Lot (acres)The size of the land the home sits on, from county records.1.44
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 96 ft²Porch · 16 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Palmer Junior-Senior High SchoolB-
Middle · Grades 7–12 · 4.5 mi
E
Palmer Elementary SchoolC
Elementary · Grades PK–6 · 4.5 mi

District: Palmer Public Schools

Neighborhood · ZIP 68864These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.80
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.986
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,211
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,573
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.27 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

551 R Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 81% of homes in Merrick County
  • Costs less per square foot than 69% of homes in Palmer 68864
  • Bigger than 93% of homes in Palmer 68864
  • Has a bigger lot than 68% of homes in Merrick County
  • Newer than 72% of homes in Palmer 68864

What homes are worth in Palmer 68864

Each bar is how many homes fall in that price range. The marker is this home.

This home
$89K$585K

This home is worth more than 76% of homes in Palmer 68864.

How it measures up in Palmer 68864

The dot is this home. The mark in the middle is the typical home in Palmer 68864.

Estimated value$327,849
CheaperTypical $233,228Pricier

Pricier than 76% of homes nearby

Price per ft²$140
CheaperTypical $169Pricier

Pricier than 31% of homes nearby

Living area2,344 ft²
SmallerTypical 1,508 ft²Bigger

Bigger than 93% of homes nearby

Lot size1.44 ac
SmallerTypical 3.02 acBigger

Bigger than 44% of homes nearby

Year built1979
OlderTypical 1935Newer

Newer than 72% of homes nearby

How 551 R Rd ranks against every home in each area.
MeasureThis homePalmer 68864Merrick County
Estimated valuepricier than$327,84976% of homes81% of homes
Price per ft²pricier than$14031% of homes55% of homes
Living areabigger than2,344 ft²93% of homes87% of homes
Lot sizebigger than1.44 ac44% of homes68% of homes
Year builtnewer than197972% of homes71% of homes

About 551 R Rd

How much is 551 R Rd, Palmer, NE worth?

The TopHap Estimate for 551 R Rd, Palmer, NE is $327,849 as of Sep 24, 2026. The likely range is $273,063 to $382,635. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 551 R Rd, Palmer, NE last sell?

551 R Rd, Palmer, NE last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 551 R Rd, Palmer, NE?

551 R Rd, Palmer, NE has 2,344 square feet of living space and a 1.44-acre lot.

When was 551 R Rd, Palmer, NE built?

551 R Rd, Palmer, NE was built in 1979, making it 47 years old. The building has 1 story.

What schools serve 551 R Rd, Palmer, NE?

551 R Rd, Palmer, NE is assigned to Palmer Junior-Senior High School (middle), rated B-; Palmer Elementary School (elementary), rated C. All sit in Palmer Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 551 R Rd, Palmer, NE compare to other homes in Palmer 68864?

Among the 471 homes in Palmer 68864, it is worth more than 76% of them ($327,849 against a typical $233,228), its price per square foot is higher than 31% of them ($140 against a typical $169), it is bigger than 93% of them (2,344 ft² against a typical 1,508 ft²), its lot is bigger than 44% of them (1.44 ac against a typical 3.02 ac) and it is newer than 72% of them (1979 against a typical 1935). Measured against all of Merrick County, it is worth more than 81% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 551 R Rd, Palmer, NE?

The 2025 property tax bill for 551 R Rd, Palmer, NE was $1,948. The county assessed it at $360,440.

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