NOT LISTED FOR SALE

1040 O St Unit 210 Lincoln, NE 68508

Downtown Lincoln Neighborhood

Estimated Value: $486,653

1 Bed
1 Bath
822 Sq Ft
$222/mo HOA Fee

Last Sold June 20, 2023

Last sale price $261,000 $318 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,420/month

28 Days on Market

Highlights

  • Under Construction
  • Cooling Available
  • 2-minute walk to Government Square Park
  • Deck
  • Heat Pump System

About This Home

As of June 2023

The TEN40 Project involves the redevelopment and rehabilitation of the existing six-story 1040 O Street Building in downtown Lincoln, Nebraska. The building is one of Lincoln’s best Art Deco-style buildings and plans include 21 one- and two-bedroom condos with access to basement storage and secured access. In addition, a roof top terrace is being constructed for exclusive use of the condo owners.

Last Agent to Sell the Property

Chris Vasek

LINE Commercial Real Estate License #20140037 Listed on: 01/19/2023

Last Buyer's Agent

Chris Vasek

LINE Commercial Real Estate License #20140037 Listed on: 01/19/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $559

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 4,356

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • 822 Sq Ft Home
  • Brick Foundation
  • Concrete Perimeter Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck

Schools

  • Mcphee Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Built by BIC
  • Central Business District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023430008000

Property Details

Home Type

Condominium

Est. Annual Taxes

$559

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Parcel Number: 1023430008000
  • Property Sub Type: Condominium
  • Year Built: 2023
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 0 x 0
  • Ownership: Condominium
  • Subdivision Name: Central Business District
  • Directions: Northwest corner of 11th & O Street
  • Above Grade Finished Sq Ft: 822
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Other
  • New Construction: Yes
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Appliances: Range - Cooktop + Oven, Refrigerator, Dishwasher, Microwave
  • Basement YN: No
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 822
  • ResoLivingAreaSource: Plans
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Fencing: None
  • Home Warranty: No
  • Builder Name: BIC
  • Patio And Porch Features: Deck
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 221.94
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • High School: Lincoln High
  • Elementary School: Mcphee
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Park

Lot Info

  • Property Attached Yn: Yes
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 558.91

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Safe Harbour Eat Xxxii L L C
Current Estimated Value
$486,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,898
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Bdp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,898
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Shoosh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,898
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2021
Sold by
Connell Hannah and Connell Zachary
Bought by
Page Natishia N and Neuhaus Taylor B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
2.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2021
Sold by
City Of Lincoln
Bought by
Ten40 O Lincoln Llc
Source: Public Records

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Range of Values:

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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
Safe Harbour Eat Xxxii L L C -- --
Bdp Properties Llc $575,000 --
Shoosh Llc $359,000 --
Page Natishia N -- Ambassador Title Services
Ten40 O Lincoln Llc -- Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safe Harbour Eat Xxxii L L C $500,000
Open Bdp Properties Llc $819,420
Previous Owner Shoosh Llc $287,200
Previous Owner Page Natishia N $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $261,000 -19.7% $318 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $324,900 -- $395 / Sq Ft
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $44,235 $2,197,500 $328,400 $1,869,100
2020 $0 $2,197,500 $328,000 $1,869,500
2019 $0 $3,026,700 $213,000 $2,813,700
2018 $0 $3,026,700 $213,000 $2,813,700
2017 $0 $2,927,400 $142,000 $2,785,400
2016 $0 $2,927,400 $142,000 $2,785,400
2015 -- $2,927,400 $142,000 $2,785,400
2014 -- $2,918,900 $142,000 $2,776,900
2013 -- $2,918,900 $142,000 $2,776,900
Source: Public Records

Agents Affiliated with this Home

  • Chris Vasek

    Seller's Agent in 2023

    Chris Vasek

    LINE Commercial Real Estate

    (402) 937-8855

    20 in this area

    20 Total Sales

    Chris Vasek
    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: 22301344

Great Plains Regional MLS

APN: 10-23-430-008-000

Nebraska Lancaster County Lincoln 68508 Downtown Lincoln

1040 O St Unit 210, Lincoln, NE

This home is located at 1040 O St Unit 210, Lincoln, NE 68508 since 19 January 2023 and is currently priced at $486,653, approximately $592 per square foot. This property was built in 2023. 1040 O St Unit 210 is a home located in Lancaster County with nearby schools including McPhee Elementary School, Park Middle School, and Lincoln High School.

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