NOT LISTED FOR SALE

1639 Prospect St Lincoln, NE 68502

Near South Neighborhood

Estimated Value: $426,000 - $875,214

-- Bed
4 Baths
3,684 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $555,000 $151 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,971/month

3 Days on Market

About This Home

As of April 2018

Four Plex to be sold with next door building 1641 Prospect. Brick building with onsite laundry. Onsite garage available for each tenant. Windows replaced in 2016. Property has been professionally managed. Very spacious units, all units occupied at time of listing.

Last Agent to Sell the Property

Jason Opp

Century Sales & Management LLC License #20050458 Listed on: 04/16/2018

Last Buyer's Agent

Kurt Gall

SimpliCity Real Estate License #20140182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 1973

Lot Details

  • 6,950 Sq Ft Lot
  • Lot Dimensions are 50 x 139

Parking

  • 4 Car Garage

Home Design

  • 3,684 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

  • Prescott Elementary School
  • Irving Middle School
  • Lincoln High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $2,368
  • Assessor Parcel Number 1036120003000

Community Details

Overview

  • No Home Owners Association
  • 3,684 Sq Ft Building

Building Details

  • Insurance Expense $1,524
  • Maintenance Expense $6,902
  • Net Operating Income $113,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,404

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Parcel Number: 1036120003000
  • Property Sub Type: Multi Family
  • Year Built: 1973
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1596
  • Lot Size: 50 x 139
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 3684
  • ResoLivingAreaSource: Other

Exterior Features

  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Total Parking Spaces: 4

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: Prescott
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Irving

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 6950
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1524
  • Maintenance Expense: 6902
  • Number Of Units Total: 4
  • Property Net Operating Income: 113404
  • Total Actual Rent: 2368

Tax Info

  • Tax Annual Amount: 3404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2011
Sold by
Romero Ron D and Romero Dorothy T
Bought by
Rd Bentley Residential Llc
Current Estimated Value
$661,092
Source: Public Records

Range of Values:

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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
Rd Bentley Residential Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jssb Llc $205,600
Closed Jssb Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $555,000 +118.3% $151 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $254,250 -- $69 / 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 $4,223 $303,000 $32,000 $271,000
2023 $4,855 $289,700 $32,000 $257,700
2022 $4,831 $242,400 $32,000 $210,400
2021 $4,063 $215,500 $32,000 $183,500
2020 $3,476 $181,900 $32,000 $149,900
2019 $3,476 $181,900 $32,000 $149,900
2018 $3,491 $181,900 $32,000 $149,900
2017 $3,404 $175,700 $32,000 $143,700
2016 $3,421 $175,700 $32,000 $143,700
2015 $3,398 $175,700 $32,000 $143,700
2014 $3,306 $170,000 $28,800 $141,200
2013 -- $170,000 $28,800 $141,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jason Opp

    Century Sales & Management LLC

    (402) 304-1896

    11 in this area

    56 Total Sales

    Section Image
  • Kurt Gall

    Buyer's Agent in 2018

    Kurt Gall

    SimpliCity Real Estate

    (402) 413-8119

    8 in this area

    108 Total Sales

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Map

Source: Great Plains Regional MLS

MLS Number: L10145338

Great Plains Regional MLS

APN: 10-36-120-003-000

Nebraska Lancaster County Lincoln 68502 Near South

1639 Prospect St, Lincoln, NE

This home is located at 1639 Prospect St, Lincoln, NE 68502 since 16 April 2018 and is currently estimated at $650,607, approximately $176 per square foot. This property was built in 1973. 1639 Prospect St is a home located in Lancaster County with nearby schools including Prescott Elementary School, Irving Middle School, and Lincoln High School.

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