NOT LISTED FOR SALE

Estimated Value: $1,073,110

Studio
-- Bath
-- Sq Ft
7,100 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $930,000

Est. 15% increase in value since last sale

Current estimated payment $6,857 / mo

10 Days on Market

Highlights

  • No HOA
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

18 unit apartment building, professionally managed. Easy to lease units with a lot of charm! Onsite laundry, near downtown Lincoln. 10 One Bedrooms & 8 Studios, New Roof 2021, units are electric, owner pays gas (water heater)

Last Agent to Sell the Property

Jason Opp

Century Sales & Management LLC License #20050458 Listed on: 01/24/2022

Last Buyer's Agent

Jason Opp

Century Sales & Management LLC License #20050458 Listed on: 01/24/2022

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,066

Year Built

  • Built in 1929

Lot Details

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

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Oven
  • Basement

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1025311007000

Community Details

Overview

  • No Home Owners Association
  • 18 Units
  • Lincoln Original Subdivision

Building Details

  • Insurance Expense $8,149
  • Other Expense $8,066
  • Net Operating Income $85,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,066

Year Built

Built in 1929

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Parcel Number: 1025311007000
  • Property Sub Type: Multi Family
  • Other Expense: 8066
  • Year Built: 1929
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Ownership: Fee Simple
  • Subdivision Name: Lincoln Original
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Laundry Income 2021 $841.60
  • Special Features: None

Interior Features

  • Appliances: Oven - No Cooktop, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Construction Type: Brick
  • Property Condition: Not New and NOT a Model
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Water Source: Public

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: 7100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 8149
  • Number Of Units Total: 18
  • Property Net Operating Income: 85014

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8066

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Jason Opp
Century Sales & Management LLC
Buyer's Agent
Jason Opp
Century Sales & Management LLC
List Price
$1,050,000
Sold Price
$930,000
Premium/Discount to List
-$120,000
-11.43%
Current Estimated Value
$1,073,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,110
Avg. Annual Appreciation
3.35%
Original Mortgage
$744,000
Outstanding Balance
$683,765
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$389,345
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$930,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $744,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $930,000 -11.4% --
02/03/2022 02/03/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $1,050,000 -- --
Source: Great Plains Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,499 $865,700 $105,300 $760,400
2024 $11,499 $824,500 $117,000 $707,500
2023 $13,160 $785,200 $117,000 $668,200
2022 $11,560 $580,000 $117,000 $463,000
2021 $8,066 $427,800 $117,000 $310,800
2020 $6,271 $328,200 $117,000 $211,200
2019 $6,272 $328,200 $117,000 $211,200
2018 $6,300 $328,200 $117,000 $211,200
2017 $5,523 $285,100 $117,000 $168,100
2016 $5,551 $285,100 $117,000 $168,100
2015 $5,513 $285,100 $117,000 $168,100
2014 $5,389 $277,100 $105,300 $171,800
2013 -- $277,100 $105,300 $171,800
Source: Public Records

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Map

Source: Great Plains Regional MLS

MLS Number: 22201362

Great Plains Regional MLS

APN: 10-25-311-007-000

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