NOT LISTED FOR SALE

Estimated Value: $189,186 - $275,000

4 Beds
1 Bath
2,287 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $45,000 $20 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $1,440/month

160 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • 2-minute walk to Hazel Abel Park
  • No HOA

About This Home

As of July 2016

Great opportunity! Some newer updates to this turn-key investment property include roof updates, new flooring and paint, water heater and all new sewer main. Main level of this conversion duplex has high ceilings and nice wood floors. Excellent rental history, and room for increased rent. Very low expenses, separate utilities. Currently leased!

Last Agent to Sell the Property

Miranda Watson

Woods Bros Realty License #20120534 Listed on: 01/14/2016

Woods Bros Realty

Last Buyer's Agent

Carl Brown

Nebraska Realty License #900790

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 50 x 70
  • Corner Lot

Home Design

  • 2,287 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $450
  • Assessor Parcel Number 1025314006000

Community Details

Overview

  • No Home Owners Association
  • 2,287 Sq Ft Building

Building Details

  • Insurance Expense $620
  • Net Operating Income $6,368

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 1025314006000
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0803
  • Lot Size: 50 x 70
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Fireplace: No
  • Living Area: 2287
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Other
  • Construction Type: Frame
  • Property Condition: Not New and NOT a Model

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas

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., Corner Lot
  • Lot Size Sq Ft: 3500
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 620
  • Number Of Units Total: 2
  • Property Net Operating Income: 6368
  • Total Actual Rent: 450

Tax Info

  • Tax Annual Amount: 1425.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jul 1, 2016
Sold by
Hausmann Homes Inc
Bought by
Pearston Don
Seller's Agent
Miranda Watson
Woods Bros Realty
Buyer's Agent
Carl Brown
Nebraska Realty
List Price
$49,950
Sold Price
$45,000
Premium/Discount to List
-$4,950
-9.91%
Current Estimated Value
$236,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,297
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Apr 8, 2003
Sold by
Bartels Jean K
Bought by
Hausmann Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,760
Interest Rate
5.64%
Mortgage Type
Unknown
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
Pearston Don $45,000 Charter Title & Escrow Svcs
Hausmann Homes Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hausmann Homes Inc $68,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $45,000 -9.9% $20 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $49,950 -- $22 / 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
2025 $2,439 $174,700 $24,300 $150,400
2024 $2,439 $174,700 $24,300 $150,400
2023 $2,770 $165,300 $24,300 $141,000
2022 $2,455 $123,200 $13,500 $109,700
2021 $1,627 $86,300 $13,500 $72,800
2020 $963 $50,400 $13,500 $36,900
2019 $860 $45,000 $13,500 $31,500
2018 $864 $45,000 $13,500 $31,500
2017 $1,104 $57,000 $13,500 $43,500
2016 $1,110 $57,000 $13,500 $43,500
2015 $1,102 $57,000 $13,500 $43,500
2014 $1,426 $73,300 $13,500 $59,800
2013 -- $73,300 $13,500 $59,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10127010

Great Plains Regional MLS

APN: 10-25-314-006-000