NOT LISTED FOR SALE

Estimated Value: $189,000 - $211,000

2 Beds
2 Baths
1,020 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $152,500 $150 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,249/month

3 Days on Market

Highlights

  • No HOA
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of April 2021

Here's your chance! This near downtown duplex has 2 units, both 1 bed 1 bath. The basement is currently set up for private storage/hook ups but could be turned into a 3 or 4 plex down the road! Unit 2 (2221) was just completely refreshed creating a great opportunity for buyer to move in and collect rent from the long term tenant in unit 1 (2219). The owner has done many upgrades including a new garage roof in 2016, all new windows 2017, in unit 2 (all new paint, flooring, lighting, bathroom, all major parts of A/C 2019, and furnace 2020), and in unit 1 (dishwasher 2019, and basement wall straps 2020). This all brick ranch also comes with off alley parking and a detached 2 stall garage! Get your showing scheduled for today!

Last Agent to Sell the Property

Megan Lehman

SimpliCity Real Estate License #20170416 Listed on: 03/25/2021

Last Buyer's Agent

Kelly Shandera

Woods Bros Realty License #20060177

Woods Bros Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1956

Lot Details

  • 7,050 Sq Ft Lot
  • Lot Dimensions are 47 x 150

Parking

  • 2 Car Detached Garage

Home Design

  • Brick or Stone Mason
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Washer Hookup
  • Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • 1,020 Sq Ft Building
  • Houtz Place Subdivision

Listing and Financial Details

  • Total Actual Rent $550
  • Rent includes type 1(water), type 2(water)
  • Assessor Parcel Number 1025414004000
  • Tax Block 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,345

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1025414004000
  • Property Sub Type: Multi Family
  • Year Built: 1956
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1618
  • Lot Size: 47 x 150
  • Ownership: Fee Simple
  • Subdivision Name: HOUTZ PLACE
  • Directions: Turn West onto E street from Capital Parkway. Property will be on your left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Agent related sellers. reviewing offers Sunday, the 28th at 6pm (will not accept an offer before then). The current tenants are in a year lease until August for $550/month with ($550 deposit). The current vacant unit tenant just moved out of state in January (was paying $570/month) but both side tenants were from when seller bought it in 2016. Rent amounts need to raised, current owners didn't want to worry about finding new tenants.
  • Special Features: None

Interior Features

  • Appliances: Oven - No Cooktop, Refrigerator, Dishwasher, Connection For Electric Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1020
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Construction Type: Brick
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Water), Type 2(Water)
  • 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.
  • Lot Size Sq Ft: 7050
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2344.52
  • Tax Block: 6

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 29, 2021
Sold by
Leazer Joseph P and Leazer Catherine M
Bought by
Sovereign Joshua and Sovereign Julie
Seller's Agent
Megan Lehman
SimpliCity Real Estate
Buyer's Agent
Kelly Shandera
Woods Bros Realty
List Price
$140,000
Sold Price
$152,500
Premium/Discount to List
$12,500
8.93%
Current Estimated Value
$200,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,610
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 24, 2021
Sold by
Leazer Joseph and Leazer Catherine
Bought by
Sovereign Joshua and Sovereign Julie
Seller's Agent
Megan Lehman
SimpliCity Real Estate
Buyer's Agent
Kelly Shandera
Woods Bros Realty
List Price
$140,000
Sold Price
$152,500
Premium/Discount to List
$12,500
8.93%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Mclaughlin Patrick K
Bought by
Leazer Joseph and Leazer Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,676
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Leet Gregory R and Micklich Albie
Bought by
Mclaughlin Patrick K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,640
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2003
Sold by
Garton Cynthia C
Bought by
Leet Gregory R and Micklich Albie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
5.15%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sovereign Joshua $153,000 Home Services Title
Sovereign Joshua $153,000 Homservices Title
Leazer Joseph $115,000 Nebraska Land Title & Abstra
Mclaughlin Patrick K $112,000 Nt
Leet Gregory R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leazer Joseph $85,676
Previous Owner Mclaughlin Patrick K $108,640
Previous Owner Leet Gregory R $84,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $152,500 +8.9% $150 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $140,000 -- $137 / 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 $2,520 $194,400 $45,000 $149,400
2024 $2,520 $182,300 $45,000 $137,300
2023 $3,055 $182,300 $45,000 $137,300
2022 $3,292 $165,200 $25,000 $140,200
2021 $3,115 $165,200 $25,000 $140,200
2020 $2,345 $122,700 $25,000 $97,700
2019 $2,136 $111,800 $25,000 $86,800
2018 $2,252 $117,300 $25,000 $92,300
2017 $1,957 $101,000 $25,000 $76,000
2016 $1,967 $101,000 $25,000 $76,000
2015 $1,953 $101,000 $25,000 $76,000
2014 $1,953 $100,400 $25,000 $75,400
2013 -- $100,400 $25,000 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22105292

Great Plains Regional MLS

APN: 10-25-414-004-000