L
Seller's Agent in 2018
Larry Wrasse
Brokers of Real Estate
1232 S 16th St Lincoln, NE 68502
Near South NeighborhoodEstimated Value: $159,131 - $233,000
4
Beds
4
Baths
1,945
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Level Lot
- Window Unit Cooling System
About This Home
As of April 2018Two newer furnaces in basement (2005). Basement is partial with an exterior entrance. Some updating and repairs will enhance the property, thus allowing rent increases.
Last Agent to Sell the Property
Larry Wrasse
Brokers of Real Estate License #0730463 Listed on: 12/04/2017
Last Buyer's Agent
Boomer Peterson
kwELITE Real Estate License #20150894
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,067
Year Built
- Built in 1900
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 48 x 100
- Level Lot
Home Design
- 1,945 Sq Ft Home
- Block Foundation
- Vinyl Siding
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 $845
- Assessor Parcel Number 1025325010000
Community Details
Overview
- No Home Owners Association
- 1,945 Sq Ft Building
Building Details
- Insurance Expense $892
- Maintenance Expense $410
- Net Operating Income $6,724
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2025
Sold by
Knight Rebels Llc
Bought by
Cozynest Renovations Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$160,288
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,495
Purchase Details
Closed on
Mar 27, 2025
Sold by
Jbr3 Llc
Bought by
Knight Rebels Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$160,288
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,495
Purchase Details
Listed on
Dec 4, 2017
Closed on
Apr 16, 2018
Sold by
Hunkins Kenneth C
Bought by
Andrew Ross Real Estate Llc
Seller's Agent
Larry Wrasse
Brokers of Real Estate
Buyer's Agent
Boomer Peterson
kwELITE Real Estate
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Original Mortgage
$88,000
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 1999
Sold by
Bousek Mark Allen
Bought by
Hunkins Kenneth C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,200
Interest Rate
7.21%
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 |
|---|---|---|---|
| Cozynest Renovations Llc | $100,000 | Charter Title | |
| Knight Rebels Llc | $5,665,000 | Charter Title | |
| Andrew Ross Real Estate Llc | $55,000 | Charter Title & Escrow Svcs | |
| Hunkins Kenneth C | $57,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cozynest Renovations Llc | $161,000 | |
| Open | Knight Rebels Llc | $5,000,000 | |
| Previous Owner | Andrew Ross Real Estate Llc | $88,000 | |
| Previous Owner | Hunkins Kenneth C | $45,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2018 04/16/18 | Sold | $55,000 | -21.3% | $28 / Sq Ft |
| 03/11/2018 03/11/18 | Pending | -- | -- | -- |
| 12/04/2017 12/04/17 | For Sale | $69,900 | -- | $36 / 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 |
|---|---|---|---|---|
| 2025 | $1,951 | $139,800 | $36,000 | $103,800 |
| 2024 | $1,951 | $139,800 | $36,000 | $103,800 |
| 2023 | $2,226 | $132,800 | $36,000 | $96,800 |
| 2022 | $1,983 | $99,500 | $20,000 | $79,500 |
| 2021 | $1,876 | $99,500 | $20,000 | $79,500 |
| 2020 | $1,412 | $73,900 | $20,000 | $53,900 |
| 2019 | $1,162 | $60,800 | $20,000 | $40,800 |
| 2018 | $1,167 | $60,800 | $20,000 | $40,800 |
| 2017 | $1,062 | $54,800 | $20,000 | $34,800 |
| 2016 | $1,067 | $54,800 | $20,000 | $34,800 |
| 2015 | $1,060 | $54,800 | $20,000 | $34,800 |
| 2014 | $1,077 | $55,400 | $20,000 | $35,400 |
| 2013 | -- | $55,400 | $20,000 | $35,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Buyer's Agent in 2018
Boomer Peterson
kwELITE Real Estate
Map
Source: Great Plains Regional MLS
MLS Number: L10142675
APN: 10-25-325-010-000
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