NOT LISTED FOR SALE

1640 NW 50th St Lincoln, NE 68528

Oak Hills Neighborhood

Estimated Value: $246,000 - $318,000

0.05 Acre
$5,609,480 Price per Acre
2,551 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $24,000

Est. 1,060% increase in value since last sale

Current estimated payment $1,852/month

678 Days on Market

About This Lot

As of May 2020

One of Lincoln's newest Subdivisions offering West Lincoln a great selection of walk-out, daylight, and flat lots for townhomes or single-family homes. A subdivision that offers very affordable lot prices. Good access to I-80 and Downtown Lincoln.

Last Agent to Sell the Property

Todd Lorenz

HOME Real Estate License #20140257 Listed on: 08/01/2017

HOME Real Estate

Co-Listed By

Larry Melichar

HOME Real Estate License #0800147

Last Buyer's Agent

Todd Lorenz

HOME Real Estate License #20140257 Listed on: 08/01/2017

HOME Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,934

Lot Details

  • 2,551 Sq Ft Lot
  • Lot Dimensions are 28 x 91
  • Level Lot
  • Property is zoned R-3 (PUD)

Schools

  • Arnold Elementary School
  • Schoo Middle School
  • Lincoln North Star High School

Utilities

  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include common area maintenance
  • Village West HOA Not Set Up Association
  • Village West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1118353012000
  • Tax Block 1

Property Details

Property Type

Land

Est. Annual Taxes

$3,934

Lot Details

0

Listing Details

  • Parcel Number: 1118353012000
  • Property Sub Type: Unimproved Land
  • Topography: Gentle Rolling
  • Zoning: R-3 (PUD)
  • Prop. Type: Land
  • Lot Size: 28 x 91
  • Road Frontage Type: City Street
  • Co List Office Mls Id: LHOME01
  • Ownership: Fee Simple
  • Subdivision Name: Village West
  • Directions: From I-80 - Take N.W. 48th Street North to West Gary Gately Drive. From West "O" Street - To N.W. 48th Street - Then North a short distance and it's on the West Side of N.W. 48th Street.
  • Habitable Residence: No
  • Special Features: None

Interior Features

  • Other Equipment: None

Exterior Features

  • Road Surface Type: Concrete
  • Fencing: None
  • Other Structures: None

Utilities

  • Electric: LES
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Storm Sewer, Phone Available, Fiber Optic, Cable Available
  • Water Source: Public
  • Gas Company: Black Hills

Condo/Co-op/Association

  • Association Name: Village West HOA - Not Set Up
  • Association: No

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • High School: Lincoln North Star
  • Elementary School: Arnold
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Schoo

Lot Info

  • Lot Features: Under 1/4 Acre, City Lot, Subdivided, Public Sidewalk, Curb and Gutter, Curb Cut, Level
  • Land Lease: No
  • Lot Size Sq Ft: 2551
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Block: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Stoneybrook Homes Inc
Bought by
Brookside Properties Llc
Current Estimated Value
$278,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,522
Outstanding Balance
$157,307
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$121,823

Purchase Details

Listed on
Aug 1, 2017
Closed on
May 14, 2020
Sold by
Ringneck Development Llc
Bought by
Stonybrook Homes Inc
Seller's Agent
Todd Lorenz
HOME Real Estate
Buyer's Agent
Todd Lorenz
HOME Real Estate
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.58%
Original Mortgage
$196,800
Interest Rate
3.3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brookside Properties Llc $192,000 Charter T&E Svcs Inc
Stonybrook Homes Inc $24,000 Charter Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brookside Properties Llc $173,522
Previous Owner Stonybrook Homes Inc $196,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $24,000 0.0% --
08/01/2017 08/01/17 For Sale $24,000 -- --
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 $3,934 $282,300 $35,000 $247,300
2023 $4,525 $270,000 $35,000 $235,000
2022 $4,590 $230,300 $30,000 $200,300
2021 $3,390 $179,800 $30,000 $149,800
2020 $48 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Todd Lorenz

    HOME Real Estate

    (402) 436-4663

    78 in this area

    328 Total Sales

    Section Image
  • Larry Melichar

    Seller Co-Listing Agent in 2020

    Larry Melichar

    HOME Real Estate

    (402) 616-0003

    79 in this area

    85 Total Sales

    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 22012307

Great Plains Regional MLS

APN: 11-18-353-012-000

Nebraska Lancaster County Lincoln 68528 Oak Hills

1640 NW 50th St, Lincoln, NE

This home is located at 1640 NW 50th St, Lincoln, NE 68528 since 01 August 2017 and is currently estimated at $280,474. 1640 NW 50th St is a home located in Lancaster County with nearby schools including Arnold Elementary School, Schoo Middle School, and North Star High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025, Great Plains Regional MLS LLC

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