NOT LISTED FOR SALE

Estimated Value: $761,454

4 Beds
4 Baths
1,868 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2019

Last sale price $515,000 $276 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,909 / mo

31 Days on Market

About This Home

As of August 2019

Here's a money making 12 plex just south of downtown Lincoln. The property is comprised of (11) 1 bed units and (1) efficiency and boasts 12 off street parking spaces with alley access behind building. The building sits just off of the 11th St corridor, within the SoDo district as identified by the city of Lincoln. The building is within minutes, by car or bike, from downtown, The Haymarket, UNL, and The Railyard. Make this investment while the rates are coming down, you'll thank yourself in the future.

Last Agent to Sell the Property

Boomer Peterson

kwELITE Real Estate License #20150894 Listed on: 06/19/2019

Last Buyer's Agent

Michael Poskochil

Woods Bros Realty License #0810466

Woods Bros Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 1975

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 142 x 50

Home Design

  • 1,868 Sq Ft Home
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 12 Parking Spaces
  • No Garage

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $1,950
  • Assessor Parcel Number 1026416003000

Community Details

Overview

  • No Home Owners Association
  • 1,868 Sq Ft Building
  • Lincoln Original Subdivision

Building Details

  • Insurance Expense $3,093
  • Maintenance Expense $3,451
  • Manager Expense $5,522
  • Net Operating Income $46,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,328

Year Built

Built in 1975

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Parcel Number: 1026416003000
  • Property Sub Type: Multi Family
  • Year Built: 1975
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 142 x 50
  • Ownership: Fee Simple
  • Subdivision Name: Lincoln Original
  • Directions: 11th and E St, head east. Three properties to east and on south side of street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: See attached for NOI workup. Seller requests serious and qualified buyers.
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1868
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 12

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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.
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Insurance Expense: 3093
  • Maintenance Expense: 3451
  • Number Of Units Total: 12
  • Resident Manager Expense: 5522
  • Property Net Operating Income: 46494
  • Total Actual Rent: 1950

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6328.38

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Bought by
Current Estimated Value
$761,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,663
Interest Rate
0.036%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 19, 2019
Sold by
Bought by
Seller's Agent
Boomer Peterson
kwELITE Real Estate
Buyer's Agent
Michael Poskochil
Woods Bros Realty
List Price
$595,000
Sold Price
$515,000
Premium/Discount to List
-$80,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$392,730
Interest Rate
0.037%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2017
Sold by
Bought by

Purchase Details

Listed on
Jan 1, 1900
Closed on
Mar 3, 2017
Sold by
Bought by
Seller's Agent
Boomer Peterson
kwELITE Real Estate
Buyer's Agent
Boomer Peterson
kwELITE Real Estate
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$311,250
Interest Rate
0.0409%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2015
Closed on
Feb 5, 2016
Sold by
Bought by
Seller's Agent
Jason Opp
Century Sales & Management LLC
Buyer's Agent
Boomer Peterson
kwELITE Real Estate
List Price
$399,000
Sold Price
$315,000
Premium/Discount to List
-$84,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.39%
Original Mortgage
$756,000
Interest Rate
0.0399%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
0.0413%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,609
Interest Rate
0.0743%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$515,000 None Available
-- None Available
$415,000 Charter Title & Escrow Svcs
$945,000 Charter Title & Escrow Svcs
$680,000 Nebraska Land Title & Abstra
$650,000 Ctc
$244,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $392,663
Closed $392,730
Closed $311,250
Closed $756,000
Closed $708,750
Closed $578,000
Closed $180,609
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2019 08/22/19 Sold $515,000 -13.4% $276 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $595,000 +43.4% $319 / Sq Ft
03/03/2017 03/03/17 Sold $415,000 0.0% -- View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $415,000 +31.7% --
02/05/2016 02/05/16 Sold $315,000 -21.1% -- View Prior Sale
12/18/2015 12/18/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $399,000 -- --
Source: Great Plains Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,839 $740,800 $35,100 $705,700
2024 $9,839 $705,500 $78,000 $627,500
2023 $11,261 $671,900 $78,000 $593,900
2022 $11,775 $590,800 $78,000 $512,800
2021 $9,829 $521,300 $78,000 $443,300
2020 $7,374 $385,900 $78,000 $307,900
2019 $6,300 $329,700 $78,000 $251,700
2018 $6,328 $329,700 $78,000 $251,700
2017 $5,794 $299,100 $78,000 $221,100
2016 $5,824 $299,100 $78,000 $221,100
2015 $5,784 $299,100 $78,000 $221,100
2014 $5,162 $265,400 $35,100 $230,300
2013 -- $265,400 $35,100 $230,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21912955

Great Plains Regional MLS

APN: 10-26-416-003-000

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