Seller's Agent in 2020
Greg Mccown
HOME Real Estate
(402) 540-4301
22 in this area
112 Total Sales
1143 S 17th St Lincoln, NE 68502
Near South NeighborhoodEstimated Value: $213,000 - $251,000
5
Beds
2
Baths
2,372
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- 2 Car Detached Garage
- Window Unit Cooling System
- No HOA
- Porch
- Living Room
About This Home
As of July 2020Investors take a look! This stately multi-unit conversion offers a great rental neighborhood, off-street parking, split utilities and more! Solid, historic home with distinctive porch, decorative features and great history! Easy to rent…straight shot to downtown and campus with shops, restaurants and bike trails along the way! This property could provide serious cash flow! Lots of new in both renovated apartments! The big garage is currently rented and is perfect for storage, hobbyist, or keep it rented for additional income. The basement shows more income potential with an apartment just waiting to be rehabbed! Some expenses have been estimated but are based on the latest available numbers. Be sure to check out this great opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,762
Year Built
- Built in 1905
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50 x 100
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Block Foundation
- Stone Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2,372 Sq Ft Home
- Ceiling height of 9 feet or more
- 1 Fireplace
- Living Room
- Washer and Electric Dryer Hookup
- Basement
Kitchen
- Oven
- Plumbed For Gas In Kitchen
- Gas Stub for Range
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Mcphee Elementary School
- Park Middle School
- Lincoln High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Heat Pump System
- Cable TV Available
Additional Features
- Porch
- Property is near a bus stop
Listing and Financial Details
- Total Actual Rent $1,605
- Rent includes type 1(water hot water other (see rmk)), type 2(water hot water other (see rmk))
- Assessor Parcel Number 1025319015000
Community Details
Overview
- No Home Owners Association
- 2,372 Sq Ft Building
- Original Plat Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $1,500
- Maintenance Expense $1,200
- Net Operating Income $16,140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2020
Closed on
Jul 23, 2020
Sold by
Oakmont Llc
Bought by
Griess Jacob A and Griess Katlyn Anne
Seller's Agent
Greg Mccown
HOME Real Estate
Buyer's Agent
Greg Mccown
HOME Real Estate
List Price
$194,000
Sold Price
$162,000
Premium/Discount to List
-$32,000
-16.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,807
Avg. Annual Appreciation
6.60%
Original Mortgage
$160,675
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 29, 2019
Sold by
The Alpha Theta Chi Educational Trust
Bought by
Oakmont Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2014
Sold by
Keller Bradley N
Bought by
Alpha Theta Chi Educational Trust
Purchase Details
Closed on
Mar 26, 2009
Sold by
Mcclain Richard D and Mcclain Donna J
Bought by
Keller Bradley N
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Griess Jacob A | $162,000 | Homeservices Title | |
| Oakmont Llc | $360,000 | Homeservices Title | |
| Alpha Theta Chi Educational Trust | $88,000 | Dc Title | |
| Keller Bradley N | $57,000 | Ntc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Griess Enterprises Llc | $432,567 | |
| Closed | Griess Jacob | $30,000 | |
| Closed | Griess Jacob A | $160,675 | |
| Previous Owner | Oakmont Llc | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $162,000 | -3.9% | $68 / Sq Ft |
| 06/19/2020 06/19/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | Price Changed | $168,500 | -6.3% | $71 / Sq Ft |
| 05/04/2020 05/04/20 | Price Changed | $179,900 | -7.3% | $76 / Sq Ft |
| 03/03/2020 03/03/20 | For Sale | $194,000 | -- | $82 / Sq Ft |
Source: Great Plains Regional MLS
Tax History Compared to Growth
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 | $2,712 | $194,200 | $31,500 | $162,700 |
| 2023 | $3,077 | $183,600 | $31,500 | $152,100 |
| 2022 | $3,037 | $152,400 | $17,500 | $134,900 |
| 2021 | $2,873 | $152,400 | $17,500 | $134,900 |
| 2020 | $2,190 | $114,600 | $17,500 | $97,100 |
| 2019 | $1,762 | $92,200 | $17,500 | $74,700 |
| 2018 | $1,770 | $92,200 | $17,500 | $74,700 |
| 2017 | $1,637 | $84,500 | $17,500 | $67,000 |
| 2016 | $1,645 | $84,500 | $17,500 | $67,000 |
| 2015 | $1,634 | $84,500 | $17,500 | $67,000 |
| 2014 | $1,661 | $85,400 | $17,500 | $67,900 |
| 2013 | -- | $85,400 | $17,500 | $67,900 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Mccown
Map
Source: Great Plains Regional MLS
MLS Number: 22005041
APN: 10-25-319-015-000
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