NOT LISTED FOR SALE

Estimated Value: $149,000 - $180,000

4 Beds
2 Baths
1,672 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $165,000 $99 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,041/month

65 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of November 2023

Fantastic investment opportunity! This duplex, located in a South Lincoln neighborhood, is now available for sale. Each unit boasts 2 bedrooms, 1 full bathroom, and a spacious layout with hardwood floors. The interiors have received recent updates, with potential for further value addition. Long-term tenants already in place ensure steady rental income. Shared basement laundry, separate meters, and central air conditioning add convenience and comfort. Total monthly rents of $1510/month offers immediate returns. With its prime location and potential, this duplex promises an excellent investment. Call to schedule a showing today!!

Last Agent to Sell the Property

Jenni Limbach

Arrow Brokerage License #20200393 Listed on: 08/09/2023

Co-Listed By

Zach Limbach

Arrow Brokerage License #20190796

Last Buyer's Agent

Gary Hardt

HOME Real Estate License #20140135

HOME Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1927

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 46 x 40
  • Level Lot

Parking

  • No Garage

Home Design

  • Brick Foundation
  • Composition Roof

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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 $1,510
  • Rent includes type 1(water other (see rmk)), type 2(water other (see rmk))
  • Assessor Parcel Number 1036106001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Near South Cvdu Subdivision

Building Details

  • Insurance Expense $923
  • Maintenance Expense $946
  • Manager Expense $1,087
  • Net Operating Income $12,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,876

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Parcel Number: 1036106001000
  • Property Sub Type: Multi Family
  • Year Built: 1927
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0422
  • Lot Size: 46 x 40
  • Co List Office Mls Id: L592001100
  • Ownership: Fee Simple
  • Subdivision Name: Near South - CVDU
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE2COOLING_82: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • BK9_LFD_TYPE2HEATFUEL_81: Gas
  • BK9_LFD_TYPE2HEATTYPE_80: Forced Air
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Refrigerator
  • BK9_LFD_TYPE2APPLIANCES_78: Range - Cooktop + Oven, Refrigerator
  • Special Features: None

Interior Features

  • Appliances: Washer, Dryer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Water,Other (See Rmk)), Type 2(Water,Other (See Rmk))
  • 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, Level
  • Lot Size Sq Ft: 1840
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 923
  • Maintenance Expense: 946
  • Number Of Units Total: 2
  • Resident Manager Expense: 1087
  • Property Net Operating Income: 12662
  • Total Actual Rent: 1510

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1876.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Nov 7, 2023
Sold by
Koll Investment Properties Llc
Bought by
Cotton Keegan and Velez Christina
Seller's Agent
Jenni Limbach
Arrow Brokerage
Buyer's Agent
Gary Hardt
HOME Real Estate
List Price
$179,999
Sold Price
$165,000
Premium/Discount to List
-$14,999
-8.33%
Views
98
Current Estimated Value
$161,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,074
Avg. Annual Appreciation
-0.99%
Original Mortgage
$123,750
Outstanding Balance
$122,105
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$39,958

Purchase Details

Listed on
Aug 17, 2017
Closed on
Sep 20, 2017
Sold by
Wallin Enterprises Inc
Bought by
Andrew Ross Real Estate Llc
Seller's Agent
Larry Wakefield
Wakefield Management Services
Buyer's Agent
Tyler Peterson
kwELITE Real Estate
List Price
$75,000
Sold Price
$51,000
Premium/Discount to List
-$24,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%
Original Mortgage
$40,800
Interest Rate
3.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Cotton Keegan $150,000 Aksarben Title
Andrew Ross Real Estate Llc $51,000 Charter Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Keegan $123,750
Previous Owner Andrew Ross Real Estate Llc $40,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $165,000 +6.5% $99 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $154,900 -6.1% $93 / Sq Ft
08/17/2023 08/17/23 Price Changed $164,900 -8.4% $99 / Sq Ft
08/09/2023 08/09/23 For Sale $179,999 +252.9% $108 / Sq Ft
09/22/2017 09/22/17 Sold $51,000 -32.0% $31 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $75,000 -- $45 / 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
2024 $1,979 $141,900 $27,000 $114,900
2023 $2,266 $135,200 $27,000 $108,200
2022 $1,987 $99,700 $15,000 $84,700
2021 $1,880 $99,700 $15,000 $84,700
2020 $1,116 $58,400 $15,000 $43,400
2019 $902 $47,200 $15,000 $32,200
2018 $906 $47,200 $15,000 $32,200
2017 $1,048 $54,100 $15,000 $39,100
2016 $1,053 $54,100 $15,000 $39,100
2015 $1,046 $54,100 $15,000 $39,100
2014 $1,218 $62,600 $15,000 $47,600
2013 -- $62,600 $15,000 $47,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22318011

Great Plains Regional MLS

APN: 10-36-106-001-000