NOT LISTED FOR SALE

Estimated Value: $271,397 - $313,000

Studio
4 Baths
2,812 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $173,500 $62 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,853/month

109 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Heating System Uses Gas
  • Window Unit Cooling System
  • Level Lot

About This Home

As of March 2019

Fully rented 4-plex near downtown. Two units have two bedrooms with one bathroom; two units have one bedroom with one bathroom. Rent hasn't been raised in 4+ years even after some remodeling, updated flooring, repairs, etc. Potential for much higher rental rates. Water heater replaced 2 years ago. Coin operated laundry for more potential income.

Last Agent to Sell the Property

Ariana Munro

REMAX Concepts Brokerage Phone: 402-989-4090 License #20180660 Listed on: 11/27/2018

REMAX Concepts

Last Buyer's Agent

Greg Bard

Keller Williams Lincoln License #20060705

Keller Williams Lincoln

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Level Lot

Home Design

  • 2,812 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $1,840
  • Assessor Parcel Number 1025135005000

Community Details

Overview

  • No Home Owners Association
  • 2,812 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,350
  • Other Expense $382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,170

Year Built

Built in 1964

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Parcel Number: 1025135005000
  • Property Sub Type: Multi Family
  • Other Expense: 382
  • Year Built: 1964
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 50 x 120
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: All units leased; owners of complex are out of state. Please allow 24-48 hours for notice of showing.
  • Attribution Contact: M: 402-989-4090
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 2812
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Construction Type: Brick/Other
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Laundry Features: Laundry Facilities
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • Heating Yn: Yes

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., Alley, Level
  • Lot Size Sq Ft: 6000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2350
  • Number Of Units Total: 4
  • Total Actual Rent: 1840

Tax Info

  • Tax Annual Amount: 2169.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Mar 19, 2019
Sold by
Payton Paul and Payton Pilar
Bought by
Amber Heariksen Gregory and Amber Heariksen
Seller's Agent
Ariana Munro
REMAX Concepts
Buyer's Agent
Greg Bard
Keller Williams Lincoln
List Price
$213,900
Sold Price
$173,500
Premium/Discount to List
-$40,400
-18.89%
Current Estimated Value
$292,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,699
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Stephens Larry L and Stephens Annette M
Bought by
Payton Paul and Payton Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
5.72%
Mortgage Type
Commercial
Source: Public Records
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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
Amber Heariksen Gregory $174,000 Charter T&E Svcs Inc
Payton Paul $98,000 Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payton Paul $75,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $173,500 -18.9% $62 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $213,900 -- $76 / Sq Ft
Source: Great Plains Regional MLS

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 $3,503 $263,800 $28,800 $235,000
2024 $3,503 $251,200 $32,000 $219,200
2023 $4,011 $239,300 $32,000 $207,300
2022 $3,972 $199,300 $32,000 $167,300
2021 $3,341 $177,200 $32,000 $145,200
2020 $2,805 $146,800 $32,000 $114,800
2019 $2,389 $125,000 $32,000 $93,000
2018 $2,399 $125,000 $32,000 $93,000
2017 $2,170 $112,000 $32,000 $80,000
2016 $2,181 $112,000 $32,000 $80,000
2015 $2,166 $112,000 $32,000 $80,000
2014 $2,176 $111,900 $28,800 $83,100
2013 -- $111,900 $28,800 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10151761

Great Plains Regional MLS

APN: 10-25-135-005-000

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