NOT LISTED FOR SALE

Estimated Value: $457,120

Studio
1 Bath
3,094 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: September 7, 2017

Last sale price $350,000 $113 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,024 / mo

19 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of September 2017

100% occupied! This building is part of a portfolio of 7 properties consisting of 60 units. Owner prefers to sell as a package, but will consider selling separate. Well maintained Class C buildings. The vacancy rate over the past 12 months has been less than 1% AND rents were raised. Safe to say rents will stay at this level. There is room for some income income increase with minor updates. Management in place for smooth transition to new owner. See attached docs for pro forma. Do NOT disturb tenants!

Last Agent to Sell the Property

Jeri Schlickbernd

Dreamvesting License #20110180 Listed on: 05/09/2017

Co-Listed By

Todd Walkenhorst

Keller Williams License #20120095

Last Buyer's Agent

Tim Bayne

Nebraska Realty License #20120103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1958

Lot Details

  • 7,144

Home Design

  • Slab Foundation
  • Composition Roof
  • Stone

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Everett Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 1026409021000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,874

Year Built

Built in 1958

Lot Details

7,144 Sq Ft Lot

Listing Details

  • Parcel Number: 1026409021000
  • Property Sub Type: Multi Family
  • Year Built: 1958
  • Prop. Type: Residential Income
  • Lot Size: 0 x 0
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Stone
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other Fuel, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Everett
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Park

Lot Info

  • Lot Features: Up to 1/4 Acre.

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 4874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2004
Sold by
Hollingsworth Robert G and Hollingsworth Cora B
Bought by
Cao Lee P and Cao Louann P
Current Estimated Value
$457,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$74,381
Interest Rate
5.93%
Mortgage Type
Commercial
Estimated Equity
$382,739
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cao Lee P $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Lee P $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2017 09/07/17 Sold $350,000 0.0% $113 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $350,000 -- $113 / Sq Ft
Source: Great Plains Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,011 $527,800 $32,200 $495,600
2024 $7,011 $502,700 $71,500 $431,200
2023 $8,025 $478,800 $71,500 $407,300
2022 $8,385 $420,700 $71,500 $349,200
2021 $6,799 $360,600 $71,500 $289,100
2020 $5,211 $272,700 $71,500 $201,200
2019 $5,211 $272,700 $71,500 $201,200
2018 $5,234 $272,700 $71,500 $201,200
2017 $4,849 $250,300 $71,500 $178,800
2016 $4,874 $250,300 $71,500 $178,800
2015 $4,840 $250,300 $71,500 $178,800
2014 $4,796 $246,600 $32,200 $214,400
2013 -- $246,600 $32,200 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10137459

Great Plains Regional MLS

APN: 10-26-409-021-000

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