NOT LISTED FOR SALE

1040 O St Unit 430 Lincoln, NE 68508

Downtown Lincoln Neighborhood

Estimated Value: $486,653

1 Bed
1 Bath
934 Sq Ft
$252/mo HOA Fee

Last Sold September 19, 2022

Last sale price $357,640 $383 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,296/month

154 Days on Market

Highlights

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

About This Home

As of September 2022

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: 10/20/2021

Last Buyer's Agent

Chris Vasek

LINE Commercial Real Estate License #20140037 Listed on: 10/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $621

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 7,100

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Central Business District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023430008000

Property Details

Home Type

Condominium

Est. Annual Taxes

$621

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Parcel Number: 1023430008000
  • Property Sub Type: Condominium
  • Year Built: 2021
  • Prop. Type: Residential
  • Lot Size: 0 x 0
  • Ownership: Condominium
  • Subdivision Name: Central Business District
  • Directions: Northwest corner of 11th & O Street
  • Above Grade Finished Sq Ft: 934
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Other
  • New Construction: Yes
  • ResoBuildingAreaSource: Plans
  • Remarks22: This is a condo redevelopment project is currently under construction. Contact the agent to schedule a showing for access to this project. Please visit Ten40condos.com for detailed information including floor plans, walk through videos and more.
  • Special Features: NewHome

Interior Features

  • Appliances: Range - Cooktop + Oven, Refrigerator, Dishwasher, Microwave
  • Basement YN: No
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 934
  • ResoLivingAreaSource: Plans
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Fencing: None
  • Home Warranty: No
  • 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: 252.11
  • 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: 2021
  • Tax Annual Amount: 621.03

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Oct 25, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Safe Harbour Eat Xxxii L L C
Seller's Agent
Chris Vasek
LINE Commercial Real Estate
Buyer's Agent
Chris Vasek
LINE Commercial Real Estate
List Price
$349,900
Sold Price
$357,640
Premium/Discount to List
$7,740
2.21%
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.
Estimated Appreciation
$129,013
Original Mortgage
$500,000
Outstanding Balance
$483,395
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2021
Closed on
Oct 18, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Bdp Properties Llc
Seller's Agent
Chris Vasek
LINE Commercial Real Estate
Buyer's Agent
Chris Vasek
LINE Commercial Real Estate
List Price
$349,900
Sold Price
$357,640
Premium/Discount to List
$7,740
2.21%

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
$483,395
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2021
Closed on
Aug 30, 2022
Sold by
Ten40 O Lincoln Llc
Bought by
Shoosh Llc
Seller's Agent
Chris Vasek
LINE Commercial Real Estate
Buyer's Agent
Chris Vasek
LINE Commercial Real Estate
List Price
$349,900
Sold Price
$357,640
Premium/Discount to List
$7,740
2.21%

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
$483,395
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

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Safe Harbour Eat Xxxii L L C -- None Listed On Document
Safe Harbour Eat Xxxii L L C -- None Listed On Document
Safe Harbour Eat Xxxii L L C -- None Listed On Document
Bdp Properties Llc $575,000 --
Bdp Properties Llc $575,000 --
Bdp Properties Llc $575,000 --
Shoosh Llc $359,000 --
Shoosh Llc $359,000 --
Shoosh Llc $359,000 --
Page Natishia N -- Ambassador Title Services
Page Natishia N -- Ambassador Title Services
Page Natishia N -- Ambassador Title Services
Ten40 O Lincoln Llc -- New Title Company Name
Ten40 O Lincoln Llc -- New Title Company Name
Ten40 O Lincoln Llc -- New Title Company Name
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $357,640 +2.2% $383 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
09/28/2021 09/28/21 For Sale $349,900 -- $375 / 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
2025 -- -- -- --
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

  • C

    Seller's Agent in 2022

    Chris Vasek

    LINE Commercial Real Estate

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Map

Source: Great Plains Regional MLS

MLS Number: 22125136

Great Plains Regional MLS

APN: 10-23-430-008-000

Nebraska Lancaster County Lincoln 68508 Downtown Lincoln

1040 O St Unit 430, Lincoln, NE

Not Listed for Sale

Condos

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