$154,000
SOLD MAY 7, 2019
5 Beds
2 Baths
1,986 Sq Ft
7,250 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Laundry Facilities
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Breta Park

About This Home

As of May 2019

Investors will want to check this one out! 2224 A is a turn-key 3-unit conversion providing two 2bd/1ba units and one 1bd/1ba with great cash flow of $1695 /month! This property has been thoroughly maintained throughout the years and has had the right updates done along the way. It features separate gas and electric utilities for each unit. The basement is dry, clean and contains 2 sets of laundry machines shared between the tenants. With a central location providing quick access to downtown Lincoln/UNL, the cleanliness of the property, off-street parking and laundry included, keeping these units leased is not a difficult task. Please call to schedule a viewing. Thanks for your interest!

Last Agent to Sell the Property

Kurt Gall

SimpliCity Real Estate License #20140182 Listed on: 04/03/2019

Last Buyer's Agent

Stephen Brown

Woods Bros Realty License #20160790

Woods Bros Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,188

Year Built

  • Built in 1910

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • 1,986 Sq Ft Home
  • Wood Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $1,250
  • Assessor Parcel Number 1025435010000

Community Details

Overview

  • No Home Owners Association
  • 1,986 Sq Ft Building
  • Near South Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,188

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1025435010000
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1664
  • Lot Size: 50 x 145
  • Ownership: Fee Simple
  • Subdivision Name: Near South
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 1986
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Other
  • Fencing: Wood
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Wood Shingle

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

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

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., Alley
  • Lot Size Sq Ft: 7250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2188.16

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 2, 2019
Sold by
916 Properties Llc
Bought by
Bald Valerie R
Seller's Agent
Kurt Gall
SimpliCity Real Estate
Buyer's Agent
Stephen Brown
Woods Bros Realty
List Price
$156,000
Sold Price
$154,000
Premium/Discount to List
-$2,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$115,500
Outstanding Balance
$102,194
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$170,736

Purchase Details

Closed on
Mar 30, 2018
Sold by
Kubnick Joseph R
Bought by
916 Properties Llc

Purchase Details

Closed on
Aug 30, 2017
Sold by
Wilmot Jason and Wilmot Mikala Nicole
Bought by
Kubick Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Mcclain Richard Douglas and Mcclain Donna J
Bought by
Wilmot Jason and Wilmot Mikala Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.31%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $154,000 Homeservices Title
Warranty Deed -- None Available
Warranty Deed $138,000 Nebraska Title Co
Survivorship Deed $50,000 Ntc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,500 New Conventional
Previous Owner $103,500 New Conventional
Previous Owner $13,243 Commercial
Previous Owner $4,501 Unknown
Previous Owner $67,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $259,900 -3.7% $95 / Sq Ft
06/04/2025 06/04/25 Price Changed $269,900 -1.8% $99 / Sq Ft
05/08/2025 05/08/25 Price Changed $274,900 -1.5% $101 / Sq Ft
04/25/2025 04/25/25 For Sale $279,000 +81.2% $102 / Sq Ft
05/07/2019 05/07/19 Sold $154,000 -1.3% $78 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $156,000 -- $79 / 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 $3,062 $219,200 $36,000 $183,200
2023 $3,469 $207,000 $36,000 $171,000
2022 $3,141 $157,600 $20,000 $137,600
2021 $2,972 $157,600 $20,000 $137,600
2020 $2,880 $150,700 $20,000 $130,700
2019 $2,179 $114,000 $20,000 $94,000
2018 $2,188 $114,000 $20,000 $94,000
2017 $2,174 $112,200 $20,000 $92,200
2016 $2,185 $112,200 $20,000 $92,200
2015 $2,170 $112,200 $20,000 $92,200
2014 $2,542 $130,700 $20,000 $110,700
2013 -- $130,700 $20,000 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21905053

Great Plains Regional MLS

APN: 10-25-435-010-000