$421,500
SOLD MAY 1, 2017

1314 O St Unit 501 Lincoln, NE 68508

Downtown Lincoln Neighborhood
2 Beds
2 Baths
1,390 Sq Ft
$255/mo HOA Fee

Recently Sold

$303 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Heat Pump System
  • 1 Fireplace
  • Shed
  • 2-minute walk to Lincoln Community Tower Square Park

About This Home

As of May 2017

If you've been thinking about downtown living--now is your chance! Incredible top floor 2 bedroom/2 bath condo. Floor plan is open--so easy to entertain--great kitchen with granite counters, upgraded cabinets and center island seating. The living room is spacious and features a fireplace. Beautiful downtown views. Solid core 8' doors, high quality finishes. Separate storage/pantry space with California Closet organization. Secure building access, 2 reserved parking spaces. Owners also have use of the community/party room, complete with kitchen and big screen.

Last Agent to Sell the Property

Karalyn Hoefer

NextHome Integrity Brokerage Phone: 402-450-1355 License #20070002 Listed on: 01/24/2017

NextHome Integrity

Last Buyer's Agent

Karalyn Hoefer

NextHome Integrity Brokerage Phone: 402-450-1355 License #20070002 Listed on: 01/24/2017

NextHome Integrity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 2013

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Membrane Roofing

Interior Spaces

  • 1,390 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Shed

Schools

  • Mcphee Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Lincoln Flats Association
  • Built by Blue Rock Construction Service

Listing and Financial Details

  • Assessor Parcel Number 1023440010020

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,993

Year Built

Built in 2013

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Parcel Number: 1023440010020
  • Property Sub Type: Condominium
  • Year Built: 2013
  • Prop. Type: Residential
  • Lot Size: 00 x 00
  • Directions: 13th
  • Above Grade Finished Sq Ft: 1390
  • Architectural Style: Ranch, Other
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: M: 402-450-1355
  • Special Features: None

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Direct-Vent Gas Fire
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1390
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Plans
  • Room Office Area: 60
  • Room Kitchen Area: 154
  • Room Living Room Area: 396
  • Room Master Bedroom Area: 192
  • Master Bedroom Master Bedroom Width: 12

Exterior Features

  • Home Warranty: No
  • Builder Name: Blue Rock Construction Service
  • Other Structures: Shed(s)
  • Property Condition: Not New and NOT a Model
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 3059.04
  • Association Fee Frequency: Annually
  • Association Name: Lincoln Flats
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • High School: Lincoln High
  • Elementary School: Mcphee
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Park

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: Up to 1/4 Acre., Alley
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5993.44

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 1, 2017
Sold by
Omer Thomas C and Shelley Marjorie K
Bought by
Rustad Zachary D
Seller's Agent
Karalyn Hoefer
NextHome Integrity
Buyer's Agent
Karalyn Hoefer
NextHome Integrity
List Price
$429,900
Sold Price
$421,500
Premium/Discount to List
-$8,400
-1.95%
Current Estimated Value
$565,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,118
Avg. Annual Appreciation
3.97%
Original Mortgage
$379,350
Outstanding Balance
$320,855
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$263,497

Purchase Details

Listed on
Dec 12, 2012
Closed on
May 30, 2013
Sold by
Concorde Management And Development Inc
Bought by
Omer Thomas C and Shelley Marjorie K
Seller's Agent
Dana Schmidt
Concorde Real Estate Advisors
Buyer's Agent
Clayton Weddle
CENTURY 21 Home & Farm Realty
List Price
$359,000
Sold Price
$364,000
Premium/Discount to List
$5,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$291,200
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $421,777 Union Title Co Llc
Warranty Deed $364,000 Union Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,350 New Conventional
Previous Owner $291,200 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $421,500 -2.0% $303 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $429,900 +18.1% $309 / Sq Ft
06/03/2013 06/03/13 Sold $364,000 +1.4% $262 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $359,000 -- $258 / 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
2024 $4,887 $358,700 $120,000 $238,700
2023 $6,461 $385,500 $120,000 $265,500
2022 $8,644 $433,700 $135,000 $298,700
2021 $8,177 $433,700 $135,000 $298,700
2020 $7,964 $416,800 $135,000 $281,800
2019 $7,965 $416,800 $135,000 $281,800
2018 $6,622 $345,000 $90,000 $255,000
2017 $6,683 $345,000 $90,000 $255,000
2016 $5,993 $307,800 $60,000 $247,800
2015 $5,952 $307,800 $60,000 $247,800
2014 $5,413 $278,300 $60,000 $218,300
2013 -- $118,200 $60,000 $58,200
Source: Public Records

Agents Affiliated with this Home

  • Karalyn Hoefer

    Seller's Agent in 2017

    Karalyn Hoefer

    NextHome Integrity

    (402) 450-1355

    3 in this area

    89 Total Sales

    Karalyn Hoefer
    Section Image
  • Dana Schmidt

    Seller's Agent in 2013

    Dana Schmidt

    Concorde Real Estate Advisors

    (402) 476-0086

    Dana Schmidt
    Section Image
  • Clayton Weddle

    Buyer's Agent in 2013

    Clayton Weddle

    CENTURY 21 Home & Farm Realty

    (402) 489-5911

    40 Total Sales

    Clayton Weddle
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: L10135153

Great Plains Regional MLS

APN: 10-23-440-010-020

Nebraska Lancaster County Lincoln 68508 Downtown Lincoln

1314 O St Unit 501, Lincoln, NE

This home is located at 1314 O St Unit 501, Lincoln, NE 68508 and is currently priced at $421,500, approximately $303 per square foot. This property was built in 2013. 1314 O St Unit 501 is a home located in Lancaster County with nearby schools including McPhee Elementary School, Park Middle School, and Lincoln High School.

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.

Great Plains Regional MLS 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.
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Copyright 2025, Great Plains Regional MLS LLC

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