NOT LISTED FOR SALE

2042 Pepper Ave Lincoln, NE 68502

Near South Neighborhood

Estimated Value: $273,000 - $355,843

5 Beds
8 Baths
3,392 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $142,500 $42 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,989/month

18 Days on Market

About This Home

As of May 2015

Great rental property. Two units, laundry in each unit. Front unit 3 beds 2 baths. Rear unit 2 beds 3 baths and 1/2 bath. Can be purchased with 845 S 29th St MLS 10119850 and 940 S 32nd St MLS 10119849 as a package deal.

Last Agent to Sell the Property

Robert Lorek

Woods Bros Realty License #4511 Listed on: 02/18/2015

Last Buyer's Agent

Richard Boelts

Keller Williams Lincoln License #20140522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,633

Year Built

  • Built in 1924

Lot Details

  • 8,668

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Composition Roof

Schools

  • Prescott Elementary School
  • Irving Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $1,825
  • Assessor Parcel Number 1036236011000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Manager Expense $3,000
  • Net Operating Income $14,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,633

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Parcel Number: 1036236011000
  • Property Sub Type: Multi Family
  • Year Built: 1924
  • Prop. Type: Residential Income
  • Lot Size: 00 x 00
  • Directions: South Pepper St is 1/2 blk off of 27th. Located on Pepper and South Sts.
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

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

Exterior Features

  • Foundation Details: Block
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Prescott
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Irving

Lot Info

  • Lot Features: Up to 1/4 Acre.

Multi Family

  • Number Of Units Total: 2
  • Resident Manager Expense: 3000
  • Property Net Operating Income: 14956
  • Total Actual Rent: 1825

Tax Info

  • Tax Annual Amount: 2633.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Mar 26, 2015
Sold by
Dabbs Garrick C and Dabbs Amanda J
Bought by
Calderon Mariana G
Seller's Agent
Robert Lorek
Woods Bros Realty
Buyer's Agent
Richard Boelts
Keller Williams Lincoln
List Price
$147,000
Sold Price
$142,500
Premium/Discount to List
-$4,500
-3.06%
Current Estimated Value
$318,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,461
Avg. Annual Appreciation
8.16%
Original Mortgage
$145,920
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2001
Sold by
Wallin Enterprises Inc
Bought by
Dabbs Garrick C and Dabbs Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.41%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 29, 2001
Sold by
Wallin Ralph E and Wallin Mildred L
Bought by
Wallin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.41%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Calderon Mariana G $143,000 Charter Title & Escrow Svcs
Dabbs Garrick C $95,000 --
Wallin Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calderon Mariana G $145,920
Previous Owner Dabbs Garrick C $39,000
Previous Owner Dabbs Garrick C $115,000
Previous Owner Dabbs Garrick C $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $142,500 -3.1% $42 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $147,000 -- $43 / 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 $3,162 $226,200 $40,500 $185,700
2023 $3,563 $212,600 $40,500 $172,100
2022 $3,352 $168,200 $22,500 $145,700
2021 $3,171 $168,200 $22,500 $145,700
2020 $2,960 $154,900 $22,500 $132,400
2019 $2,622 $137,200 $22,500 $114,700
2018 $2,633 $137,200 $22,500 $114,700
2017 $2,175 $112,300 $22,500 $89,800
2016 $2,187 $112,300 $22,500 $89,800
2015 $2,172 $112,300 $22,500 $89,800
2014 -- $135,400 $22,500 $112,900
2013 -- $135,400 $22,500 $112,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Lorek

    Wood Bros Realty

  • Richard Boelts

    Buyer's Agent in 2015

    Richard Boelts

    Keller Williams Lincoln

    (402) 419-4339

    2 Total Sales

    Richard Boelts
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Map

Source: Great Plains Regional MLS

MLS Number: L10119851

Great Plains Regional MLS

APN: 10-36-236-011-000

Nebraska Lancaster County Lincoln 68502 Near South

2042 Pepper Ave, Lincoln, NE

This home is located at 2042 Pepper Ave, Lincoln, NE 68502 since 18 February 2015 and is currently estimated at $318,961, approximately $94 per square foot. This property was built in 1924. 2042 Pepper Ave is a home located in Lancaster County with nearby schools including Prescott Elementary School, Irving Middle School, and Lincoln High School.

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