NOT LISTED FOR SALE

Estimated Value: $339,000 - $433,000

6 Beds
6 Baths
3,780 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $360,000 $95 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,365/month

Highlights

  • No HOA
  • Living Room
  • Laundry Facilities
  • Window Unit Cooling System
  • Baseboard Heating
  • 2-minute walk to Hazel Abel Park

About This Home

As of June 2021

Great cash flowing 6 plex in the beloved Near South Neighborhood, conveniently located near UNL, downtown, bike routes and public transportation. 6, one bedroom units, offer similar layout and features, nice kitchens and baths. Each unit is cooled with window air and has baseboard heat. Laundry rom for resident use. 4 units have interior, secure entrance, 2 have separate on-street entrances, 5 car gravel off-street parking area. Basement is open to reach utility and mechanicals. Newer water heaters (two for the building). Newer roof by Neeman and Sons, newer pex plumbing supply and newer pvc waste lines throughout and newer electrical service. Call today for a showing.

Last Agent to Sell the Property

Sandi Osterman

Nebraska Realty Brokerage Phone: 402-730-7025 License #20160924 Listed on: 04/09/2021

Nebraska Realty

Last Buyer's Agent

Lindsay Roux

Arrow Brokerage License #20200113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1905

Lot Details

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

Home Design

  • Block Foundation
  • Stone Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Oven
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,400
  • Rent includes type 1(gas water), type 2(gas water), type 3(gas water), type 4(gas water), type 5(gas water)
  • Assessor Parcel Number 102531300200

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Lincoln Original Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $8,313
  • Maintenance Expense $5,104
  • Manager Expense $1,200
  • Other Expense $70
  • Operating Expense $4,136
  • Net Operating Income $40,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,961

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Parcel Number: 102531300200
  • Property Sub Type: Multi Family
  • Other Expense: 70
  • Year Built: 1905
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Ownership: Fee Simple
  • Subdivision Name: Lincoln Original
  • Directions: On the SE corner f 17th and E Street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • BK9_LFD_TYPE1ROOMS_70: Living Room, Kitchen
  • BK9_LFD_TYPE2ROOMS_77: Living Room, Kitchen
  • BK9_LFD_TYPE3ROOMS_84: Living Room, Kitchen
  • BK9_LFD_TYPE4ROOMS_91: Living Room, Kitchen
  • BK9_LFD_TYPE5ROOMS_173: Living Room, Kitchen
  • BK9_LFD_TYPE1COOLING_75: Wind Air
  • BK9_LFD_TYPE2COOLING_82: Wind Air
  • BK9_LFD_TYPE3COOLING_89: Wind Air
  • BK9_LFD_TYPE4COOLING_96: Wind Air
  • BK9_LFD_TYPE1HEATFUEL_74: Electric
  • BK9_LFD_TYPE1HEATTYPE_73: Baseboard
  • BK9_LFD_TYPE2HEATFUEL_81: Electric
  • BK9_LFD_TYPE2HEATTYPE_80: Baseboard
  • BK9_LFD_TYPE3HEATFUEL_88: Electric
  • BK9_LFD_TYPE3HEATTYPE_87: Baseboard
  • BK9_LFD_TYPE4HEATFUEL_95: Electric
  • BK9_LFD_TYPE4HEATTYPE_94: Baseboard
  • BK9_LFD_TYPE5COOLING_203: Wind Air
  • BK9_LFD_TYPE5HEATFUEL_197: Electric
  • BK9_LFD_TYPE5HEATTYPE_191: Baseboard
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • BK9_LFD_TYPE2APPLIANCES_78: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • BK9_LFD_TYPE3APPLIANCES_85: Range - Cooktop + Oven
  • BK9_LFD_TYPE4APPLIANCES_92: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • BK9_LFD_TYPE5APPLIANCES_179: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • Attribution Contact: M: 402-730-7025
  • Special Features: None

Interior Features

  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Block, Stone
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 5

Utilities

  • Cooling: Window Unit(s)
  • Laundry Features: Laundry Facilities
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Gas,Water), Type 2(Gas,Water), Type 3(Gas,Water), Type 4(Gas,Water), Type 5(Gas,Water)
  • 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: 7100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 8313
  • Maintenance Expense: 5104
  • Operating Expense: 4136
  • Number Of Units Total: 6
  • Resident Manager Expense: 1200
  • Property Net Operating Income: 40024
  • Total Actual Rent: 2400

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3961.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 20, 2021
Sold by
Odella Investments Llc
Bought by
Knight Rebels Llc
Seller's Agent
Sandi Osterman
Nebraska Realty
Buyer's Agent
Lindsay Roux
Arrow Brokerage
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$388,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,442
Avg. Annual Appreciation
0.60%
Original Mortgage
$360,000
Outstanding Balance
$329,463
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$39,918

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 29, 2020
Sold by
Laramie & Tim Properties Llc
Bought by
Odella Investments Llc
Seller's Agent
Russ Meyer
Nebraska Realty
Buyer's Agent
Sandi Osterman
Nebraska Realty
List Price
$312,500
Sold Price
$295,000
Premium/Discount to List
-$17,500
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$236,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2017
Sold by
Pester Chad A and Pester Jonna
Bought by
Laramie And Tim Properties Llc

Purchase Details

Closed on
Oct 26, 2006
Sold by
Horvath Nick A and Horvath Jennifer L
Bought by
Pester Chad A

Purchase Details

Closed on
Jan 7, 2004
Sold by
Razey Lelia and Razey Job
Bought by
Pester Chad and Horvath Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2001
Sold by
Luddington Lance
Bought by
Razey Lelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Knight Rebels Llc $360,000 Charter Title & Escrow
Odella Investments Llc $295,000 Charter Title & Escrow Inc
Laramie And Tim Properties Llc $100,000 Stewart Title Co
Pester Chad A $130,000 None Available
Pester Chad -- --
Razey Lelia $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Rebels Llc $360,000
Previous Owner Odella Investments Llc $236,000
Previous Owner Odella Investments Llc $236,000
Previous Owner Laramie & Tim Properties Llc $198,750
Previous Owner Pester Chad $104,800
Previous Owner Razey Lelia $115,000
Closed Laramie And Tim Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $360,000 +2.9% $95 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $350,000 +18.6% $93 / Sq Ft
01/30/2020 01/30/20 Sold $295,000 -5.6% $78 / Sq Ft
10/20/2019 10/20/19 For Sale $312,500 -- $83 / 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 $3,771 $269,700 $40,500 $229,200
2023 $4,242 $253,100 $40,500 $212,600
2022 $4,026 $202,000 $18,000 $184,000
2021 $3,809 $202,000 $18,000 $184,000
2020 $3,961 $207,300 $18,000 $189,300
2019 $2,331 $122,000 $18,000 $104,000
2018 $2,342 $122,000 $18,000 $104,000
2017 $2,363 $122,000 $18,000 $104,000
2016 $2,376 $122,000 $18,000 $104,000
2015 $2,359 $122,000 $18,000 $104,000
2014 $2,468 $126,900 $18,000 $108,900
2013 -- $126,900 $18,000 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22106751

Great Plains Regional MLS

APN: 10-25-313-002-000