NOT LISTED FOR SALE

1429 E St Lincoln, NE 68508

Near South Neighborhood

Estimated Value: $170,000 - $218,000

4 Beds
2 Baths
2,603 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $67,500 $26 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,236/month

166 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Asbestos
  • Property is near bus stop

About This Home

As of October 2016

New price makes this investment property flow for the investor. Lots of improvements, just needs a little more. Priced below assessed value.

Last Agent to Sell the Property

Jim Swanson

HOME Real Estate License #0872007 Listed on: 02/19/2016

HOME Real Estate

Last Buyer's Agent

Tyrone Potter

Woods Bros Realty License #20140703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 1 Car Garage

Home Design

  • 2,603 Sq Ft Home
  • Block Foundation
  • Composition Roof
  • Asbestos

Location

  • Property is near bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $1,100
  • Assessor Parcel Number 1025311003000

Community Details

Overview

  • No Home Owners Association
  • 2,603 Sq Ft Building

Building Details

  • Insurance Expense $460
  • Maintenance Expense $500
  • Net Operating Income $8,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1025311003000
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Directions: S 14th & E, go East to property
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: 24 hour tenant notice. Both units rented. 1445 E & 1025 Goodhue are also for sale. Seller offering package deal.Please send any faxes to HOME Pine Lake at 402 436-3299.
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • Living Area: 2603
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Exterior Features: Bus Service
  • Construction Type: Asbestos
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • 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., Alley
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 460
  • Maintenance Expense: 500
  • Number Of Units Total: 2
  • Property Net Operating Income: 8939
  • Total Actual Rent: 1100

Tax Info

  • Tax Annual Amount: 1526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
100 Year Homes Inc
Bought by
Vasko Brothers Properties Llc
Current Estimated Value
$197,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,462
Outstanding Balance
$190,557
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$6,818

Purchase Details

Closed on
Feb 2, 2024
Sold by
First State Bank Nebraska
Bought by
100 Year Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,100,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2020
Sold by
Caskey Ryan P
Bought by
Fiala David M and Wdm Revocable Trust

Purchase Details

Listed on
Feb 19, 2016
Closed on
Oct 5, 2016
Sold by
Hasselbalch Eric B and Qiu Xiagang
Bought by
Caskey Ryan
Seller's Agent
Jim Swanson
HOME Real Estate
Buyer's Agent
Tyrone Potter
Woods Bros Realty
List Price
$71,000
Sold Price
$67,500
Premium/Discount to List
-$3,500
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%

Purchase Details

Listed on
Feb 19, 2016
Closed on
Sep 29, 2016
Sold by
Hasselbalch Kurt C
Bought by
Caskey Ryan P
Seller's Agent
Jim Swanson
HOME Real Estate
Buyer's Agent
Tyrone Potter
Woods Bros Realty
List Price
$71,000
Sold Price
$67,500
Premium/Discount to List
-$3,500
-4.93%

Purchase Details

Closed on
Jul 26, 2008
Sold by
Hasselbalch Joyce A
Bought by
Hasselbalch Eric B and Hasselbalch Kurt C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vasko Brothers Properties Llc $165,000 None Listed On Document
Vasko Brothers Properties Llc $165,000 None Listed On Document
100 Year Homes Inc $231,551 None Listed On Document
Fiala David M $111,000 None Available
Caskey Ryan $68,000 Nebraska Land Title & Abstra
Caskey Ryan P -- Nebraska Land Title & Abstra
Hasselbalch Eric B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasko Brothers Properties Llc $193,462
Closed Vasko Brothers Properties Llc $193,462
Previous Owner 100 Year Homes Inc $5,100,000
Closed Caskey Ryan $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2016 10/06/16 Sold $67,500 -4.9% $26 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $71,000 -- $27 / 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
2025 $2,427 $173,800 $45,000 $128,800
2024 $2,427 $173,800 $45,000 $128,800
2023 $2,755 $164,400 $45,000 $119,400
2022 $2,487 $124,800 $25,000 $99,800
2021 $2,609 $138,400 $25,000 $113,400
2020 $1,928 $100,900 $25,000 $75,900
2019 $1,508 $78,900 $25,000 $53,900
2018 $1,514 $78,900 $25,000 $53,900
2017 $1,528 $78,900 $25,000 $53,900
2016 $1,536 $78,900 $25,000 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Jim Swanson

    Seller's Agent in 2016

    Jim Swanson

    HOME Real Estate

    (402) 436-3232

    4 in this area

    37 Total Sales

    Jim Swanson
    Section Image

  • T

    Buyer's Agent in 2016

    Tyrone Potter

    Wood Bros Realty

See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10127722

Great Plains Regional MLS

APN: 10-25-311-003-000

Nebraska Lancaster County Lincoln 68508 Near South

1429 E St, Lincoln, NE

Not Listed for Sale

MultiFamily

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