NOT LISTED FOR SALE

Estimated Value: $893,151

3 Beds
-- Bath
-- Sq Ft
7,100 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $750,000

Est. 19% increase in value since last sale

Current estimated payment $5,461/month

41 Days on Market

About This Home

As of October 2021

For back up offer only, Great investment, super cash flow and price on this 12 flex for sale with 6 one bedroom and 6 two bedroom units. Central location, Walking distance to a growing downtown Lincoln and close to UNL. security entrance . New roof 2018 and new gutter 2019. New granite, countertop, vinyl plank at unit #8 in 2020. New two awnings at two entrance doors in 2021, also unit #9, #11,#12 just install vinyl plank flooring and new paint. All 12 units have it own furnace and A/C unit. Tenants pay electric only. Total rent per month is $7,110.00

Last Agent to Sell the Property

Andy Vu

1st Choice Realty Team License #20050110 Listed on: 04/30/2021

Last Buyer's Agent

Mohamed Barry

kwELITE Real Estate License #20210068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,011

Year Built

  • Built in 1974

Lot Details

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

Parking

  • 12 Parking Spaces
  • No Garage

Schools

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

Additional Features

  • 3 Bedrooms
  • Wall Furnace
  • Basement

Community Details

  • No Home Owners Association
  • 12 Units
  • Lincoln Original, Block 179, Lot 9 Subdivision

Listing and Financial Details

  • Total Actual Rent $7,110
  • Assessor Parcel Number 1026411011000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,011

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Parcel Number: 1026411011000
  • Property Sub Type: Multi Family
  • Year Built: 1974
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Ownership: Fee Simple
  • Subdivision Name: LINCOLN ORIGINAL, BLOCK 179, Lot 9
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Remarks22: for back up offer only.
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Other
  • 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: Electric, Wall Furnace
  • 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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6011

Multi Family

  • Number Of Units Total: 12
  • Total Actual Rent: 7110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Oct 6, 2021
Sold by
Nguyen Hien and Vu Khue D
Bought by
Dw Investments Llc
Seller's Agent
Andy Vu
1st Choice Realty Team
Buyer's Agent
Mohamed Barry
kwELITE Real Estate
List Price
$790,500
Sold Price
$750,000
Premium/Discount to List
-$40,500
-5.12%
Current Estimated Value
$893,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,151
Avg. Annual Appreciation
4.16%
Original Mortgage
$709,080
Outstanding Balance
$643,802
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$249,349

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 10, 2020
Sold by
Tam Square Realty Llc
Bought by
Nguyen Hien
Seller's Agent
Andy Vu
1st Choice Realty Team
Buyer's Agent
Andy Vu
1st Choice Realty Team
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Mar 10, 2015
Sold by
Nguyen Tam and Le Tam T
Bought by
Tam Square Realty Llc

Purchase Details

Closed on
Sep 16, 2004
Sold by
Fig Llc
Bought by
Wilson Michael P and Wilson Lynette S

Purchase Details

Closed on
May 15, 2002
Sold by
Zimmer John F and Zimmer James Gregory
Bought by
Fig Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dw Investments Llc $750,000 Dri Title & Escrow
Nguyen Hien $645,000 Investors Title Ins Co Ne
Tam Square Realty Llc -- None Available
Wilson Michael P $305,000 --
Fig Llc $356,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dw Investments Llc $709,080
Previous Owner Fig Llc $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $750,000 -5.1% --
07/08/2021 07/08/21 For Sale $790,500 0.0% --
06/10/2021 06/10/21 Pending -- -- --
05/29/2021 05/29/21 Price Changed $790,500 -3.5% --
04/30/2021 04/30/21 For Sale $819,500 +27.1% --
01/08/2020 01/08/20 Sold $645,000 0.0% -- View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $645,000 -0.8% --
11/12/2019 11/12/19 For Sale $650,000 -- --
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 $10,032 $755,300 $35,100 $720,200
2024 $10,032 $719,300 $78,000 $641,300
2023 $11,482 $685,100 $78,000 $607,100
2022 $12,576 $631,000 $78,000 $553,000
2021 $10,576 $560,900 $78,000 $482,900
2020 $6,011 $314,600 $78,000 $236,600
2019 $6,012 $314,600 $78,000 $236,600
2018 $6,039 $314,600 $78,000 $236,600
2017 $5,926 $305,900 $78,000 $227,900
2016 $5,956 $305,900 $78,000 $227,900
2015 $5,916 $305,900 $78,000 $227,900
2014 $6,727 $345,900 $35,100 $310,800
2013 -- $345,900 $35,100 $310,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22108774

Great Plains Regional MLS

APN: 10-26-411-011-000