$415,000
SOLD OCT 22, 2024
1 Bed
1.5 Baths
1,642 Sq Ft
$241/mo HOA Fee

Recently Sold

$253 Per Sq Ft

10% Below List Price

36 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Deck
  • Ceiling height of 9 feet or more
  • 2-minute walk to Lincoln Community Tower Square Park

About This Home

As of October 2024

Welcome to urban living at its finest, located in the Chapin building in the heart of Lincoln's downtown. This third floor condo is one of three condominiums in this building. It is 1642 sq. ft. of open living space with 9+ feet ceilings. This condo has one bedroom and two bathrooms with laundry in the unit. It is a corner unit so you get the benefit of an abundance of natural light with expansive views of the downtown area to the north and west. This condo has rooftop access to a deck space, storage space in the basement, and off street covered parking available. Within walking distance to so many great amenities, sporting events, UNL campus, music venues, Lied Center performances, and Bars/restaurants. This unit is being sold furnished. Call your agent to schedule a private showings.

Last Agent to Sell the Property

Jason Rasmussen

Nebraska Realty Brokerage Phone: 402-770-7441 License #20160698 Listed on: 08/15/2024

Nebraska Realty

Last Buyer's Agent

Mark Meierdierks

Premier Real Estate License #20150505

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 2007

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Flat Roof Shape

Interior Spaces

  • 1,642 Sq Ft Home
  • Ceiling height of 9 feet or more

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Association fees include exterior maintenance, security, snow removal, insurance, heat, water, trash
  • Suburbia Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1025100011009

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,758

Year Built

Built in 2007

Lot Details

0

HOA Fees

$241 per month

Parking

1

Listing Details

  • Parcel Number: 1025100011009
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Prop. Type: Residential
  • Lot Size Acres: 0.001
  • Ownership: Fee Simple
  • Subdivision Name: SUBURBIA CONDO
  • Directions: O Street to 14th Street. Property is on the Southeast corner of 14th & O.
  • Above Grade Finished Sq Ft: 1642
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-770-7441
  • Special Features: None

Interior Features

  • Interior Amenities: 9'+ Ceiling, Elevator
  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Range - Cooktop + Oven, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 1642
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bathroom Features: Full

Exterior Features

  • Foundation Details: Other
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 721.7
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Exterior Maintenance, Security, Snow Removal, Insurance, Heat, Water, Trash

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

Green Features

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6757.64

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 18, 2024
Sold by
Kenton R Sullivan Revocable Trust and Sullivan Kenton R
Bought by
Ogbechie Nkemdilim and Ogbechie Angela
Seller's Agent
Jason Rasmussen
Nebraska Realty
Buyer's Agent
Mark Meierdierks
Premier Real Estate
List Price
$460,000
Sold Price
$415,000
Premium/Discount to List
-$45,000
-9.78%
Views
45
Current Estimated Value
$449,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,030
Avg. Annual Appreciation
8.65%
Original Mortgage
$290,500
Outstanding Balance
$287,446
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$161,584

Purchase Details

Closed on
Apr 3, 2014
Sold by
Cameron Ryan A and Cameron Jennifer
Bought by
Sullivan Kenton R

Purchase Details

Closed on
Aug 2, 2010
Sold by
Castagnoli Daniel
Bought by
Cameron Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
4.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Urban Investment Co Llc
Bought by
Castagnoli Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,109
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $415,000 Nebraska Title
Warranty Deed $285,000 Nebraska Title Co
Warranty Deed $252,000 Ntc
Warranty Deed $250,000 Utc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,500 New Conventional
Previous Owner $201,200 New Conventional
Previous Owner $224,109 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $415,000 -9.8% $253 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $460,000 -- $280 / 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 $6,328 $449,100 $120,000 $329,100
2023 $6,758 $403,200 $120,000 $283,200
2022 $10,101 $506,800 $120,000 $386,800
2021 $9,556 $506,800 $120,000 $386,800
2020 $7,360 $385,200 $120,000 $265,200
2019 $7,361 $385,200 $120,000 $265,200
2018 $6,442 $335,600 $70,000 $265,600
2017 $6,501 $335,600 $70,000 $265,600
2016 $5,446 $279,700 $48,000 $231,700
2015 $5,409 $279,700 $48,000 $231,700
2014 $4,923 $253,100 $48,000 $205,100
2013 -- $253,100 $48,000 $205,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22420880

Great Plains Regional MLS

APN: 10-25-100-011-009