NOT LISTED FOR SALE

Estimated Value: $620,531

-- Bed
-- Bath
8,520 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $310,000 $36 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,168/month

207 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Wall Furnace

About This Home

As of March 2014

Nice income property, easy to rent apartments. At time of listing all 15 units are rented. New heavy front and back door, roof 3 years old. 15 units, 13 efficiency & 2 one bedroom units. Laundry room. Close to downtown, bus stops, restaurants, Capitol, and University of Nebraska. This property has been very well maintained.

Last Agent to Sell the Property

Kelly Shandera

Woods Bros Realty License #20060177 Listed on: 07/22/2013

Woods Bros Realty

Co-Listed By

Mike Thomalla

Woods Bros Realty License #0890545

Last Buyer's Agent

Christine Knezevic

BHHS Ambassador Real Estate License #20090252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 1966

Lot Details

  • 10,575 Sq Ft Lot
  • Lot Dimensions are 141 x 75

Home Design

  • Block Foundation
  • Composition Roof

Schools

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

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 1026412018000

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • Insurance Expense $2,775
  • Maintenance Expense $8,000
  • Net Operating Income $34,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,903

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Parcel Number: 1026412018000
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2428
  • Lot Size: 141 x 75
  • Co List Office Mls Id: LWOOD01
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 10575
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2775
  • Maintenance Expense: 8000
  • Number Of Units Total: 15
  • Property Net Operating Income: 34736

Tax Info

  • Tax Annual Amount: 5902.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2016
Sold by
Johnson Kendall Lynn and Johnson Jennifer Joy
Bought by
Olde Towne Properties 1329 F Llc
Current Estimated Value
$620,531

Purchase Details

Listed on
Jul 22, 2013
Closed on
Mar 21, 2014
Sold by
Mesloh Mark and Mesloh Brenda
Bought by
Johnson Kendall Lynn and Johnson Jennifer Joy
Seller's Agent
Kelly Shandera
Woods Bros Realty
Buyer's Agent
Christine Knezevic
BHHS Ambassador Real Estate
List Price
$355,000
Sold Price
$310,000
Premium/Discount to List
-$45,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$310,000
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 2005
Sold by
Trautman Gregg L and Trautman Cindy Jane
Bought by
Mesloh Mark and Mesloh Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1998
Sold by
Mcp Llc
Bought by
Schaefer Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.55%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Olde Towne Properties 1329 F Llc -- None Available
Johnson Kendall Lynn $310,000 None Available
Mesloh Mark $320,000 --
Schaefer Robert C $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kendall Lynn $310,000
Previous Owner Mesloh Mark $28,990
Previous Owner Mesloh Mark L $276,000
Previous Owner Mesloh Mark $32,000
Previous Owner Mesloh Mark L $260,000
Previous Owner Schaefer Robert C $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $310,000 -12.7% $36 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
07/22/2013 07/22/13 For Sale $355,000 -- $42 / 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 $9,448 $668,100 $90,000 $578,100
2023 $9,838 $587,000 $90,000 $497,000
2022 $10,402 $521,900 $90,000 $431,900
2021 $8,856 $469,700 $90,000 $379,700
2020 $6,743 $352,900 $90,000 $262,900
2019 $6,744 $352,900 $90,000 $262,900
2018 $6,774 $352,900 $90,000 $262,900
2017 $6,154 $317,700 $90,000 $227,700
2016 $6,186 $317,700 $90,000 $227,700
2015 $6,144 $317,700 $90,000 $227,700
2014 $5,893 $303,000 $43,200 $259,800
2013 -- $303,000 $43,200 $259,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10108000

Great Plains Regional MLS

APN: 10-26-412-018-000