NOT LISTED FOR SALE

Estimated Value: $3,336,467

-- Bed
2 Baths
-- Sq Ft
7,100 Sq Ft Lot

Last Sold September 07, 2017

Last sale price $500,000

Est. 567% increase in value since last sale

Current estimated payment $18,947/month

19 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating System Uses Gas

About This Home

As of September 2017

100% occupied! This building is part of a portfolio of 7 properties consisting of 60 units. Owner prefers to sell as a package, but will consider selling separate. Well maintained Class C buildings. The vacancy rate over the past 12 months has been less than 1% AND rents were raised. Safe to say rents will stay at this level. There is room for some income income increase with minor updates. Management in place for smooth transition to new owner. See attached docs for pro forma. Do NOT disturb tenants!

Last Agent to Sell the Property

Jeri Schlickbernd

Orange Property Management LLC License #20110180 Listed on: 05/09/2017

Co-Listed By

Todd Walkenhorst

Keller Williams License #20120095

Last Buyer's Agent

Tim Bayne

Nebraska Realty License #20120103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 1967

Lot Details

  • 7,100

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 1025305006000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,089

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Parcel Number: 1025305006000
  • Property Sub Type: Multi Family
  • Year Built: 1967
  • Prop. Type: Residential Income
  • Lot Size: 0 x 0
  • Co List Office Mls Id: 100937
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Other
  • Construction Type: Brick/Other
  • Property Condition: Not New and NOT a Model
  • Roof: Other

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Gas, Other
  • 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.

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 6088.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Sep 6, 2017
Sold by
Sbs Kapital Llc
Bought by
Near South Properties Llc
Seller's Agent
Jeri Schlickbernd
Orange Property Management LLC
Buyer's Agent
Tim Bayne
Nebraska Realty
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$3,336,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,836,467
Avg. Annual Appreciation
27.06%
Original Mortgage
$512,500
Outstanding Balance
$433,056
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,940,070
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Near South Properties Llc $2,050,000 Charter Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Near South Properties Llc $512,500
Open Near South Properties Llc $1,505,615
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $500,000 0.0% --
05/19/2017 05/19/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $500,000 -- --
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 $9,202 $648,500 $78,000 $570,500
2023 $9,354 $558,100 $78,000 $480,100
2022 $10,587 $531,200 $78,000 $453,200
2021 $9,014 $478,100 $78,000 $400,100
2020 $6,915 $361,900 $78,000 $283,900
2019 $6,916 $361,900 $78,000 $283,900
2018 $6,946 $361,900 $78,000 $283,900
2017 $6,057 $312,700 $78,000 $234,700
2016 $6,089 $312,700 $78,000 $234,700
2015 $6,047 $312,700 $78,000 $234,700
2014 $5,778 $297,100 $35,100 $262,000
2013 -- $297,100 $35,100 $262,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10137509

Great Plains Regional MLS

APN: 10-25-305-006-000