Seller's Agent in 2023
Jenni Limbach
Arrow Brokerage
(402) 540-8102
32 in this area
196 Total Sales
1223 S 14th St Lincoln, NE 68502
Near South NeighborhoodEstimated Value: $291,619
5
Beds
2
Baths
3,190
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Level Lot
- Window Unit Cooling System
About This Home
As of August 2023Great investment opportunity near downtown Lincoln. This fantastic property features 5 completely remodeled 1 bedroom, 1 bathroom units and a newer roof. All units are fully rented generating a total of $2930/month. Contact the listing agent for full financing details!
Last Agent to Sell the Property
Arrow Brokerage License #20200393 Listed on: 05/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,738
Year Built
- Built in 1900
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 50 x 50
- Level Lot
Parking
- No Garage
Home Design
- Brick Foundation
- Composition Roof
Kitchen
- Oven or Range
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
Additional Features
- Basement
Listing and Financial Details
- Total Actual Rent $2,930
- Assessor Parcel Number 1026432014000
Community Details
Overview
- No Home Owners Association
- 5 Units
- Mf Central Lincoln Subdivision
Building Details
- Insurance Expense $1,647
- Maintenance Expense $1,678
- Manager Expense $2,110
- Other Expense $567
- Net Operating Income $19,897
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2023
Closed on
Aug 9, 2023
Sold by
Brangen Investments Llc
Bought by
Jcj Holdings Llc
Seller's Agent
Jenni Limbach
Arrow Brokerage
Buyer's Agent
Derek Kats
Keller Williams Lincoln
List Price
$285,000
Sold Price
$370,000
Premium/Discount to List
$85,000
29.82%
Views
253
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
-$78,381
Avg. Annual Appreciation
-12.80%
Original Mortgage
$216,000
Outstanding Balance
$212,045
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$65,826
Purchase Details
Closed on
Feb 24, 2021
Sold by
L2l Investments Llc
Bought by
Brangen Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,125
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 30, 2018
Sold by
Andrew Ross Real Estate Llc
Bought by
L2l Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Nov 27, 2017
Closed on
Jan 9, 2018
Sold by
Bjj Investments 3 Llc
Bought by
Andrew Ross Real Estate Llc
Seller's Agent
Jon Rademacher
Performance Property Mgmt
Buyer's Agent
Tyler Peterson
kwELITE Real Estate
List Price
$152,500
Sold Price
$150,000
Premium/Discount to List
-$2,500
-1.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$120,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 18, 2008
Sold by
Wilson Michael P and Wilson Lynette S
Bought by
Linneman James B and Linneman Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.08%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jcj Holdings Llc | $270,000 | Consumer Title & Escrow | |
| Brangen Investments Llc | $255,000 | Charter Title & Escrow | |
| L2l Investments Llc | $179,000 | Charter Title & Escrow Svcs | |
| Andrew Ross Real Estate Llc | $150,000 | Charter Title & Escrow Svcs | |
| Linneman James B | $137,000 | Nt Com |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jcj Holdings Llc | $216,000 | |
| Previous Owner | Brangen Investments Llc | $205,125 | |
| Previous Owner | L2l Investments Llc | $187,500 | |
| Previous Owner | L2l Investments Llc | $142,800 | |
| Previous Owner | Andrew Ross Real Estate Llc | $120,000 | |
| Previous Owner | Bjj Investments 3 Llc | $70,000 | |
| Previous Owner | Linneman James B | $109,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $370,000 | +29.8% | $116 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 05/25/2023 05/25/23 | For Sale | $285,000 | +90.0% | $89 / Sq Ft |
| 01/15/2018 01/15/18 | Sold | $150,000 | -1.6% | $47 / Sq Ft |
| 11/29/2017 11/29/17 | Pending | -- | -- | -- |
| 11/27/2017 11/27/17 | For Sale | $152,500 | -- | $48 / 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 | $3,421 | $251,800 | $40,000 | $211,800 |
| 2023 | $4,596 | $274,200 | $40,000 | $234,200 |
| 2022 | $3,958 | $198,600 | $40,000 | $158,600 |
| 2021 | $3,369 | $178,700 | $0 | $178,700 |
| 2020 | $2,157 | $112,900 | $0 | $112,900 |
| 2019 | $2,157 | $112,900 | $0 | $112,900 |
| 2018 | $2,167 | $112,900 | $15,000 | $97,900 |
| 2017 | $2,187 | $112,900 | $15,000 | $97,900 |
| 2016 | $2,198 | $112,900 | $15,000 | $97,900 |
| 2015 | $2,183 | $112,900 | $15,000 | $97,900 |
| 2014 | $2,456 | $126,300 | $15,000 | $111,300 |
| 2013 | -- | $126,300 | $15,000 | $111,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jenni Limbach
-
Zach Limbach
Seller Co-Listing Agent in 2023
Zach Limbach
Arrow Brokerage
(531) 777-6320
11 in this area
67 Total Sales
-
Derek Kats
Buyer's Agent in 2023
Derek Kats
Keller Williams Lincoln
(402) 770-5021
7 in this area
203 Total Sales
-
Jon Rademacher
Seller's Agent in 2018
Jon Rademacher
Performance Property Mgmt
(402) 416-8582
2 in this area
38 Total Sales
-
T
Buyer's Agent in 2018
Tyler Peterson
kwELITE Real Estate
-
B
Buyer's Agent in 2018
Boomer Peterson
kwELITE Real Estate
Map
Source: Great Plains Regional MLS
MLS Number: 22311145
APN: 10-26-432-014-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025, Great Plains Regional MLS LLC
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