Seller's Agent in 2019
Jon Rademacher
Performance Property Mgmt
(402) 416-8582
2 in this area
36 Total Sales
1616 E St Lincoln, NE 68508
Near South NeighborhoodEstimated Value: $772,766
Studio
--
Bath
8,440
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- No HOA
- Hot Water Heating System
- 2-minute walk to Hazel Abel Park
- Cooling Available
About This Home
As of February 2019Lots of NEW here! 8 of the 11 units in this building were completely remodeled in 2016 - new kitchens, new baths, fixtures, flooring and paint, so they show very well! Updated plumbing and electrical in those units, too. The remaining 3 units are home to long-term tenants. Laundry room with coin-op machines was built and brought online in January 2018. New roof 2016. New boiler 2016. Secured entry. Off-street paved parking. Large walk-in closets in all the apartments.
Last Agent to Sell the Property
Performance Property Mgmt License #20220022 Listed on: 09/26/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,492
Year Built
- Built in 1976
Lot Details
- 7,100 Sq Ft Lot
- Lot Dimensions are 50 x 142
Home Design
- Block Foundation
- Composition Roof
Schools
- Mcphee Elementary School
- Park Middle School
- Lincoln High School
Utilities
- Cooling Available
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 1025307010000
Community Details
Overview
- No Home Owners Association
- 11 Units
Building Details
- Insurance Expense $1,002
- Maintenance Expense $2,345
- Manager Expense $5,939
- Net Operating Income $40,201
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2021
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.14%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Sep 26, 2018
Closed on
Feb 5, 2019
Sold by
Bought by
Seller's Agent
Jon Rademacher
Performance Property Mgmt
Buyer's Agent
Kurt Gall
SimpliCity Real Estate
List Price
$619,500
Sold Price
$520,000
Premium/Discount to List
-$99,500
-16.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$427,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 8, 2016
Sold by
Bought by
Purchase Details
Closed on
Dec 22, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $650,000 | Stewart Title | ||
| $520,000 | Stewart Title Co | ||
| $300,000 | Ne Land Title & Abstract | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $550,000 | ||
| Previous Owner | $427,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2019 02/15/19 | Sold | $520,000 | -16.1% | $62 / Sq Ft |
| 01/07/2019 01/07/19 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | For Sale | $619,500 | -- | $73 / Sq Ft |
Source: Great Plains Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,766 | $527,800 | $32,200 | $495,600 |
| 2024 | $6,766 | $502,700 | $71,500 | $431,200 |
| 2023 | $9,573 | $571,200 | $71,500 | $499,700 |
| 2022 | $10,657 | $534,700 | $71,500 | $463,200 |
| 2021 | $9,020 | $478,400 | $71,500 | $406,900 |
| 2020 | $7,393 | $386,900 | $78,000 | $308,900 |
| 2019 | $7,394 | $386,900 | $78,000 | $308,900 |
| 2018 | $5,545 | $288,900 | $78,000 | $210,900 |
| 2017 | $5,492 | $283,500 | $78,000 | $205,500 |
| 2016 | $5,520 | $283,500 | $78,000 | $205,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Rademacher
-
Kurt Gall
Buyer's Agent in 2019
Kurt Gall
SimpliCity Real Estate
(402) 413-8119
5 in this area
92 Total Sales
Map
Source: Great Plains Regional MLS
MLS Number: L10150172
APN: 10-25-307-010-000
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