NOT LISTED FOR SALE

2330 NW 8th St Unit 7 Lincoln, NE 68521

Northwest Lincoln Neighborhood

Estimated Value: $493,602

13 Beds
7 Baths
-- Sq Ft
0.38 Acres

Last Sold April 01, 2020

Last sale price $342,500

Est. 44% increase in value since last sale

Current estimated payment $3,123/month

107 Days on Market

Highlights

  • 0.38 Acre Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2020

This sale is 7 units, includes a 6 plex with 2 units (#1 & #2) are 1 bedroom, plus 1 non-conforming room (it has closet & window). 4 units (#3,4,5,6) are 2 bedroom units. The 3 bedroom house with brand new furnace, brand new circuit breaker, two brand new window, two brand new toilet, brand new wood laminate floor in living room ,kitchen, main bathroom and walk out basement Total rent per month is $4,280.00. ( #1-$450, #2-$490, #3-$590, #4-$620, #5-$610, #6-$580, #7-$940 ) It is great cash flow. The property is very well maintained. 5 new furnaces were replaced at the 6 plex in November 2018, the 6th furnace is 7 year old. Total are 6 newly update units ( except unit#1 with new paint, new floor, new fixture & new bathroom), includes all appliances plus a 3 set of clothes washer/dryer. The roof on six plex is 7 years old. Property is easy to access, only 5 minutes to downtown Lincoln and UNL.

Last Agent to Sell the Property

Andy Vu

1st Choice Realty Team License #20050110 Listed on: 10/25/2019

Last Buyer's Agent

Matthew Donahue

BHHS Ambassador Real Estate License #20160498

BHHS Ambassador Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 1948

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 116 x 142

Home Design

  • Block Foundation

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Basement

  • Walk-Out Basement

Parking

  • 7 Parking Spaces
  • No Garage

Schools

  • Belmont Elementary School
  • Goodrich Middle School
  • Lincoln North Star High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $3,800
  • Assessor Parcel Number 1115120002000

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • West Lincoln, Block 21, Lot 8 9, & N1/2 Vac E W Alley Adj Subdivision

Building Details

  • Insurance Expense $2,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,739

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Parcel Number: 1115120002000
  • Property Sub Type: Multi Family
  • Year Built: 1948
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3781
  • Lot Size: 116 x 142
  • Ownership: Fee Simple
  • Subdivision Name: WEST LINCOLN, BLOCK 21, Lot 8 - 9, & N1/2 VAC E-W ALLEY ADJ
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 13
  • Fireplace: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 7

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln North Star
  • Elementary School: Belmont
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Goodrich

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 16472
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2232
  • Number Of Units Total: 7
  • Total Actual Rent: 3800

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Acs Construction
Bought by
Luna Investments
Current Estimated Value
$493,602

Purchase Details

Listed on
Oct 25, 2019
Closed on
Mar 20, 2020
Sold by
Walker Warren Steve
Bought by
Lbd Investments Llc
Seller's Agent
Andy Vu
1st Choice Realty Team
Buyer's Agent
Matthew Donahue
BHHS Ambassador Real Estate
List Price
$358,000
Sold Price
$342,500
Premium/Discount to List
-$15,500
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$317,500
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 26, 2018
Sold by
Vondracek John J and Vondracek Rosalie E
Bought by
Walker Warren Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Luna Investments -- None Listed On Document
Lbd Investments Llc $343,000 Ambassador Title Services
Walker Warren Steve $250,000 Investors Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lbd Investments Llc $317,500
Previous Owner Walker Warren Steve $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $342,500 -2.4% --
02/09/2020 02/09/20 Pending -- -- --
02/08/2020 02/08/20 Price Changed $351,000 -0.8% --
01/07/2020 01/07/20 Price Changed $354,000 -1.1% --
10/25/2019 10/25/19 For Sale $358,000 -- --
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 $6,404 $482,200 $52,500 $429,700
2024 $6,404 $459,200 $52,500 $406,700
2023 $7,331 $437,400 $52,500 $384,900
2022 $7,597 $381,200 $52,500 $328,700
2021 $5,894 $312,600 $52,500 $260,100
2020 $4,681 $245,000 $52,500 $192,500
2019 $2,727 $142,700 $52,500 $90,200
2018 $2,739 $142,700 $52,500 $90,200
2017 $2,367 $122,200 $52,500 $69,700
2016 $2,379 $122,200 $52,500 $69,700
2015 $2,363 $122,200 $52,500 $69,700
2014 $2,307 $118,600 $75,000 $43,600
2013 -- $118,600 $75,000 $43,600
Source: Public Records

Agents Affiliated with this Home

  • Andy Vu

    Seller's Agent in 2020

    Andy Vu

    1st Choice Realty Team

    (402) 617-6527

    1 in this area

    42 Total Sales

    Andy Vu
    Section Image
  • Matthew Donahue

    Buyer's Agent in 2020

    Matthew Donahue

    BHHS Ambassador Real Estate

    (402) 880-4209

    1 in this area

    49 Total Sales

    Matthew Donahue
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 21925394

Great Plains Regional MLS

APN: 11-15-120-002-000

Nebraska Lancaster County Lincoln 68521 Northwest Lincoln

2330 NW 8th St Unit 7, Lincoln, NE

This home is located at 2330 NW 8th St Unit 7, Lincoln, NE 68521 since 25 October 2019 and is currently estimated at $493,602. This property was built in 1948. 2330 NW 8th St Unit 7 is a home located in Lancaster County with nearby schools including West Lincoln Elementary School, Goodrich Middle School, and North Star High School.

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