1505 S 40th St Lincoln, NE 68506
40th & A NeighborhoodEstimated payment $1,571/month
Highlights
- Ranch Style House
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- No HOA
- Shed
- Property is Fully Fenced
About This Home
Over 2100 nicely finished sq ft under 250K? This Brick Mid-Century Ranch is calling your name! Located in the Devaney neighborhood, this turn-key home has a lot of high dollar items already taken care of for you. Furnace, AC & water heater were all replaced in 2023. All the windows are newer vinyl to help save on utility bills. Kitchen & bathroom were also recently remodeled. The main floor features 3 generously sized bedrooms, a nice living area, dining room with built-ins along with solid wood interior doors on the main level. Your basement is home to a very large 2nd living area, 4th fully conforming bedroom, half bath along with laundry and storage! Outside you've got a 1 stall attached garage, extra parking pad to fit multiple cars, large storage shed and fully fenced in yard. If you need more square footage for this kind of money, you'll be hard pressed to find anything built after 1920, making this home a GREAT VALUE. **Bonus - seller to have carpets installed in the basement**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,023
Year Built
- Built in 1955
Lot Details
- 6,748 Sq Ft Lot
- Lot Dimensions are 136 x 52
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
Parking
- 1 Car Attached Garage
- Parking Pad
- Open Parking
Home Design
- Ranch Style House
- Block Foundation
Interior Spaces
- Finished Basement
- Basement Window Egress
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Shed
Schools
- Randolph Elementary School
- Lefler Middle School
- Lincoln High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Devaney Subdivision
Listing and Financial Details
- Assessor Parcel Number 1731207001000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,023 | $221,900 | $41,600 | $180,300 |
| 2024 | $3,023 | $216,500 | $32,000 | $184,500 |
| 2023 | $3,432 | $204,800 | $32,000 | $172,800 |
| 2022 | $3,109 | $156,000 | $32,000 | $124,000 |
| 2021 | $2,941 | $156,000 | $32,000 | $124,000 |
| 2020 | $2,650 | $138,700 | $32,000 | $106,700 |
| 2019 | $2,651 | $138,700 | $28,000 | $110,700 |
| 2018 | $2,313 | $120,500 | $28,000 | $92,500 |
| 2017 | $2,334 | $120,500 | $28,000 | $92,500 |
| 2016 | $2,298 | $118,000 | $24,500 | $93,500 |
| 2015 | $2,282 | $118,000 | $24,500 | $93,500 |
| 2014 | $1,733 | $89,100 | $24,500 | $64,600 |
| 2013 | -- | $89,100 | $24,500 | $64,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $249,900 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Guardian Deed | $42,000 | Lincoln Title |
Source: Great Plains Regional MLS
MLS Number: 22533447
APN: 17-31-207-001-000
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