NOT LISTED FOR SALE

Estimated Value: $493,391

Studio
6 Baths
4,320 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $259,000 $60 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,015/month

6 Days on Market

Highlights

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

About This Home

As of April 2015

Nice 2 bedroom unit 6-plex. Low maintenance brick & cedar siding. Inside laundry, separate utilities, exterior entrances: less maintenance costs for owners. Great parking, 11 stalls, alley access. Out of state owners have recently invested over $25,000 in improvements to make this a good rental investment. Owners selling Lincoln apartments for potential 1031 exchange in another city.

Last Agent to Sell the Property

Michael Poskochil

Woods Bros Realty License #0810466 Listed on: 03/20/2015

Woods Bros Realty

Last Buyer's Agent

Lynn Fisher

Great Place Properties License #20110100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1976

Lot Details

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

Parking

  • 11 Parking Spaces

Home Design

  • Block Foundation

Schools

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

Additional Features

  • 6 Full Bathrooms
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • Total Actual Rent $2,990
  • Assessor Parcel Number 1025319011000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $1,566
  • Net Operating Income $25,541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1976

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Parcel Number: 1025319011000
  • Property Sub Type: Multi Family
  • Year Built: 1976
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Gas, electric & water are averages provided from utility companies. Listing agent estimates 6% vacancy & $30/month laundry income. No maintenance or management fees included in expenses. Please send faxes to Lincolnshire 402-434-3801.
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 6
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 11

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, 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: 1566
  • Number Of Units Total: 6
  • Property Net Operating Income: 25541
  • Total Actual Rent: 2990

Tax Info

  • Tax Annual Amount: 3895.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 14, 2015
Sold by
Second Quest Development Llc
Bought by
Jck Enterprises Llc
Seller's Agent
Michael Poskochil
Woods Bros Realty
Buyer's Agent
Lynn Fisher
Great Place Properties
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$493,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,391
Avg. Annual Appreciation
6.13%
Original Mortgage
$207,200
Outstanding Balance
$159,510
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$333,881

Purchase Details

Listed on
Sep 18, 2011
Closed on
Feb 29, 2012
Sold by
Cao Thoan and Nguyen Lieu
Bought by
Second Quest Development Llc
Seller's Agent
Andy Vu
1st Choice Realty Team
Buyer's Agent
Michael Poskochil
Woods Bros Realty
List Price
$218,000
Sold Price
$200,000
Premium/Discount to List
-$18,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$150,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Hagel Pitt Warren H and Hagel Pitt Darlene M F
Bought by
Cao Thoan and Nguyen Lieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.66%
Mortgage Type
Commercial
Source: Public Records
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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
Jck Enterprises Llc $259,000 Nebraska Land Title & Abstra
Second Quest Development Llc $200,000 Nebraska Land Title & Abstra
Cao Thoan $200,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jck Enterprises Llc $207,200
Previous Owner Second Quest Development Llc $150,000
Previous Owner Cao Thoan $163,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2015 04/15/15 Sold $259,000 0.0% $60 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $259,000 +29.5% $60 / Sq Ft
03/01/2012 03/01/12 Sold $200,000 -8.3% $56 / Sq Ft View Prior Sale
02/01/2012 02/01/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $218,000 -- $61 / Sq Ft
Source: Great Plains Regional MLS

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 $5,679 $427,600 $32,400 $395,200
2024 $5,679 $407,200 $45,000 $362,200
2023 $6,500 $387,800 $45,000 $342,800
2022 $6,603 $331,300 $45,000 $286,300
2021 $5,553 $294,500 $45,000 $249,500
2020 $4,200 $219,800 $45,000 $174,800
2019 $4,200 $219,800 $45,000 $174,800
2018 $4,219 $219,800 $45,000 $174,800
2017 $4,043 $208,700 $45,000 $163,700
2016 $4,064 $208,700 $45,000 $163,700
2015 $4,036 $208,700 $45,000 $163,700
2014 $3,896 $200,300 $32,400 $167,900
2013 -- $200,300 $32,400 $167,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10120544

Great Plains Regional MLS

APN: 10-25-319-011-000

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