NOT LISTED FOR SALE

Estimated Value: $248,000 - $295,952

5 Beds
10 Baths
3,329 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $125,500 $38 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,696/month

Highlights

  • No HOA
  • Baseboard Heating
  • 5-minute walk to Hazel Abel Park
  • Forced Air Heating System

About This Home

As of March 2022

Attention Investors! Conversion 4-plex located in Near South area. Two units are currently rented. There is a ton of potential in this property! All windows have been replaced within the last 5 years. This is an as-is sale.

Last Agent to Sell the Property

Jon Rademacher

Performance Property Mgmt License #20220022 Listed on: 01/12/2022

Last Buyer's Agent

Tim Bayne

Nebraska Realty License #20120103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1908

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 50 x 84

Home Design

  • Stone Foundation

Parking

  • 2 Parking Spaces
  • No Garage

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • Near South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1025325002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,122

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Parcel Number: 1025325002000
  • Property Sub Type: Multi Family
  • Year Built: 1908
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0964
  • Lot Size: 50 x 84
  • Ownership: Fee Simple
  • Subdivision Name: Near South
  • Directions: GPS to location.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Stone
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Gas, Electric, Forced Air, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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.
  • Lot Size Sq Ft: 4200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3122.34

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 21, 2022
Sold by
Zolex Investments Llc
Bought by
Maranville Investments Llc
Seller's Agent
Jon Rademacher
Performance Property Mgmt
Buyer's Agent
Tim Bayne
Nebraska Realty
List Price
$120,000
Sold Price
$125,500
Premium/Discount to List
$5,500
4.58%
Current Estimated Value
$264,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,738
Avg. Annual Appreciation
22.12%
Original Mortgage
$100,400
Outstanding Balance
$94,421
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$158,164

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 27, 2016
Sold by
Bhs Properties Llc
Bought by
Zolex Investments Llc
Seller's Agent
Gwen Pfeifer
NP Dodge RE Sales Inc Lincoln
Buyer's Agent
Jon Herms
NP Dodge RE Sales Inc Lincoln
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$67,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2010
Sold by
Schuessler Benjamin H
Bought by
Bhs Properties Llc

Purchase Details

Closed on
Feb 3, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Schuessler Benjamin H

Purchase Details

Closed on
Jul 10, 2009
Sold by
Schuessler Benjamin
Bought by
Bhs Properties Llc

Purchase Details

Closed on
May 20, 2009
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 18, 2009
Sold by
Bartek Daniel C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 20, 2000
Sold by
Keidel Jeffrey R
Bought by
Bartek Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,953
Interest Rate
8.36%
Mortgage Type
FHA
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
Maranville Investments Llc $126,000 None Listed On Document
Zolex Investments Llc $90,000 Charter Title & Escrow Svcs
Bhs Properties Llc -- None Available
Schuessler Benjamin H -- None Available
Bhs Properties Llc -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $87,585 None Available
Bartek Daniel C $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maranville Investments Llc $100,400
Previous Owner Zolex Investments Llc $67,500
Previous Owner Bartek Daniel C $91,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $125,500 +4.6% $38 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $120,000 +33.3% $36 / Sq Ft
06/24/2016 06/24/16 Sold $90,000 -5.2% $27 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $94,900 -- $29 / 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 $3,119 $223,100 $21,600 $201,500
2023 $3,516 $209,800 $21,600 $188,200
2022 $3,300 $165,600 $12,000 $153,600
2021 $3,122 $165,600 $12,000 $153,600
2020 $2,847 $149,000 $12,000 $137,000
2019 $1,670 $87,400 $12,000 $75,400
2018 $1,678 $87,400 $12,000 $75,400
2017 $1,408 $72,700 $12,000 $60,700
2016 $1,416 $72,700 $12,000 $60,700
2015 $1,406 $72,700 $12,000 $60,700
2014 $1,383 $71,100 $12,000 $59,100
2013 -- $71,100 $12,000 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22200603

Great Plains Regional MLS

APN: 10-25-325-002-000