NOT LISTED FOR SALE

Estimated Value: $469,960

-- Bed
1 Bath
563 Sq Ft
$835/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $275,000 $488 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,095/month

317 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Hazel Abel Park

About This Home

As of March 2017

Nice looking 9 plex ready for the new owners. All apartments are one bedroom units. There are 9 off street parking stalls for the tenants. Call and set up your appointment today!!

Last Agent to Sell the Property

Greg Bard

Keller Williams Lincoln License #20060705 Listed on: 03/04/2016

Keller Williams Lincoln

Last Buyer's Agent

Tim Bayne

Nebraska Realty License #20120103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • 563 Sq Ft Home
  • Block Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Everett Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $365,395
  • Assessor Parcel Number 1025305016000

Community Details

Overview

  • No Home Owners Association
  • 563 Sq Ft Building

Building Details

  • Maintenance Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,867

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Parcel Number: 1025305016000
  • Property Sub Type: Multi Family
  • Year Built: 1986
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Seller is a licensed real estate agent. 6 units pay $365 and 3 units at $395. One of these $395 units is vacant right now.
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Fireplace: No
  • Living Area: 563
  • ResoLivingAreaSource: Assessor

Exterior Features

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

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: Everett
  • 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

  • Maintenance Expense: 1100
  • Number Of Units Total: 9
  • Total Actual Rent: 365395

Tax Info

  • Tax Annual Amount: 4867.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Mar 20, 2017
Sold by
Doty Inc
Bought by
Summit Management Group Llc
Seller's Agent
Greg Bard
Keller Williams Lincoln
Buyer's Agent
Tim Bayne
Nebraska Realty
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%
Current Estimated Value
$469,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,960
Avg. Annual Appreciation
6.29%
Original Mortgage
$206,775
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2002
Sold by
Walker Douglas R and Walker Vada F
Bought by
Doty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.78%
Mortgage Type
Commercial
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
Summit Management Group Llc $275,000 Nebraska Title Co
Doty Inc $240,000 Suburban Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Summit Management Group Llc $206,775
Previous Owner Doty Inc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $275,000 -13.8% $488 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
02/29/2016 02/29/16 For Sale $319,000 -- $567 / 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 $7,601 $561,600 $56,700 $504,900
2024 $7,601 $534,800 $63,000 $471,800
2023 $7,638 $455,700 $63,000 $392,700
2022 $8,132 $408,000 $63,000 $345,000
2021 $6,839 $362,700 $63,000 $299,700
2020 $5,188 $271,500 $63,000 $208,500
2019 $5,188 $271,500 $63,000 $208,500
2018 $5,211 $271,500 $63,000 $208,500
2017 $4,876 $251,700 $63,000 $188,700
2016 $4,901 $251,700 $63,000 $188,700
2015 $4,867 $251,700 $63,000 $188,700
2014 $5,197 $267,200 $56,700 $210,500
2013 -- $267,200 $56,700 $210,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10128008

Great Plains Regional MLS

APN: 10-25-305-016-000