NOT LISTED FOR SALE

1131 Colony Ln Lincoln, NE 68505

Meadowlane Neighborhood

Estimated Value: $241,000 - $273,000

3 Beds
2 Baths
1,900 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $149,500 $79 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,659/month

111 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Lincoln East High School Rated A
  • 1 Car Attached Garage
  • Property is Fully Fenced

About This Home

As of May 2019

This 3 bedroom ranch sits on 1/4 acre lot with fenced in back yard that includes a shed made of plastic. Roof was replaced within the last 2 years. Upstairs living room windows newer triple pane done is 2013. Kitchen sink has been replaced. Basement 90% complete 2014 and installed 2 egress windows on west side that can possibly be made in extra bedroom conforming.

Last Agent to Sell the Property

Ralph Parrish

Lincoln First Realty License #20171028 Listed on: 11/15/2018

Last Buyer's Agent

Ryan Pierce

SimpliCity Real Estate License #20150020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 70 x 125 x 93 x 143.8
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed

Schools

  • Meadow Lane Elementary School
  • Culler Middle School
  • Lincoln East High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Meadowlane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1722112005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1722112005000
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Prop. Type: Residential
  • Lot Size: 70 x 125 x 93 x 143.8
  • Ownership: Fee Simple
  • Subdivision Name: Meadowlane
  • Directions: W Avon Lane From 70th & Vine go east on Vine St to Colony Lane, then left on Colony.
  • Above Grade Finished Sq Ft: 1080
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 820
  • Fireplace: No
  • Flooring: Carpet
  • Living Area: 1900
  • ResoLivingAreaSource: Assessor
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Family Room Level: Below Grade
  • Living Room Living Room Level: Main Floor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: Full
  • Home Warranty: No
  • Other Structures: Shed(s)
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: N/A
  • Association: No

Schools

  • High School: Lincoln East
  • Elementary School: Meadow Lane
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Culler

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre., Level
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2716

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Baumfalk Benjamin and Baumfalk Moani
Bought by
M B Nova Llc
Current Estimated Value
$262,437

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 25, 2019
Sold by
Harris Richard E and Harris Sarah L
Bought by
Baumfalk Ben and Baumfalk Moani
Seller's Agent
Ralph Parrish
Lincoln First Realty
Buyer's Agent
Ryan Pierce
SimpliCity Real Estate
List Price
$168,000
Sold Price
$149,500
Premium/Discount to List
-$18,500
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$119,600
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2011
Sold by
Collins Donna E
Bought by
Harris Richard E and Harris Chris S

Purchase Details

Closed on
Dec 7, 2011
Sold by
Snyder Max H and Snyder Helen R
Bought by
Collins Donna E

Purchase Details

Closed on
Oct 12, 1999
Sold by
Snyder Max H
Bought by
Snyder Max H and Snyder Helen R
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 Buyer Sale Price Title Company
M B Nova Llc -- None Available
Baumfalk Ben $75,000 Nebraska Title Company
Baumfalk Ben $75,000 Nebraska Title Company
Harris Richard E -- None Available
Collins Donna E $122,000 Nebraska Title Company
Snyder Max H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baumfalk Ben $119,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $149,500 -11.0% $79 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $168,000 -- $88 / 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 $3,341 $249,900 $50,000 $199,900
2024 $3,341 $239,000 $45,000 $194,000
2023 $3,764 $224,600 $45,000 $179,600
2022 $3,424 $171,800 $35,000 $136,800
2021 $3,239 $171,800 $35,000 $136,800
2020 $2,883 $150,900 $35,000 $115,900
2019 $2,884 $150,900 $35,000 $115,900
2018 $2,716 $141,500 $35,000 $106,500
2017 $2,741 $141,500 $35,000 $106,500
2016 $2,434 $125,000 $30,000 $95,000
2015 $2,417 $125,000 $30,000 $95,000
2014 -- $122,000 $30,000 $92,000
2013 -- $122,000 $30,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ralph Parrish

    Lincoln First Realty

  • R

    Buyer's Agent in 2019

    Ryan Pierce

    SimpliCity Real Estate

    (402) 770-7559

    9 in this area

    221 Total Sales

    Ryan Pierce
    Section Image
  • Joe Kubick

    Buyer Co-Listing Agent in 2019

    Joe Kubick

    SimpliCity Real Estate

    (402) 890-3069

    9 in this area

    284 Total Sales

    Joe Kubick
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: L10151425

Great Plains Regional MLS

APN: 17-22-112-005-000

Nebraska Lancaster County Lincoln 68505 Meadowlane

1131 Colony Ln, Lincoln, NE

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