$43,000
SOLD JUN 29, 2017
3 Beds
1 Bath
968 Sq Ft
3,833 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Heating Available
  • Window Unit Cooling System
  • Property is Fully Fenced

About This Home

As of March 2021

Excellent investment opportunity in this 3 bedroom property. House is in need of repairs and is being sold strictly as-is. Home has had recent reinforcement and support beams added to the basement. Other features include vinyl siding, classic bungalow front porch, and a fenced backyard. With rental prices at an all time high this property may make for a great addition to an rental portfolio. Properties under $50,000 in Lincoln are becoming rare so all today to schedule a showing!

Last Agent to Sell the Property

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 05/29/2017

Keller Williams Lincoln

Last Buyer's Agent

Kristen Reimers

RE/MAX Concepts License #20130479

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $907

Year Built

  • Built in 1910

Lot Details

  • Property is Fully Fenced

Parking

  • No Garage

Home Design

  • 968 Sq Ft Home
  • Bungalow
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1025423004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$907

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1025423004000
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Prop. Type: Residential
  • Lot Size: 26.84 x 142 | 26.85 x 142.1
  • Above Grade Finished Sq Ft: 968
  • Architectural Style: Uncategorized, Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-770-5021
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 968
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Full
  • Home Warranty: No
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other Fuel, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 907.4

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 16, 2021
Sold by
C & L Property Llc
Bought by
Errclson Allen and Errclson Rim
Seller's Agent
Greg Bard
Keller Williams Lincoln
Buyer's Agent
Mike Kistler
Nebraska Realty
List Price
$127,500
Sold Price
$114,500
Premium/Discount to List
-$13,000
-10.2%
Current Estimated Value
$156,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,273
Avg. Annual Appreciation
6.14%
Original Mortgage
$91,600
Outstanding Balance
$83,041
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$67,019

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 13, 2018
Sold by
Imperial Investments Llc
Bought by
C & L Property Llc
Seller's Agent
Kristen Reimers
RE/MAX Concepts
Buyer's Agent
Greg Bard
Keller Williams Lincoln
List Price
$69,000
Sold Price
$51,000
Premium/Discount to List
-$18,000
-26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.95%

Purchase Details

Listed on
May 29, 2017
Closed on
Jun 26, 2017
Sold by
Itm Llc
Bought by
Imperial Investments Llc
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Kristen Reimers
RE/MAX Concepts
List Price
$39,000
Sold Price
$43,000
Premium/Discount to List
$4,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$30,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 29, 2017
Closed on
May 19, 2017
Sold by
Dillon Mark E and Dillon Sidney
Bought by
Itm Llc
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Kristen Reimers
RE/MAX Concepts
List Price
$39,000
Sold Price
$43,000
Premium/Discount to List
$4,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Dillon Mark E and Dillon Sidney W
Bought by
Dillon Mark E and Dillon Sidney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.09%
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 Type Sale Price Title Company
Warranty Deed $115,000 D C Title Agency
Warranty Deed $51,000 Nebraska Land Title & Abstra
Warranty Deed $43,000 Charter Title & Escrow Svcs
Warranty Deed $24,000 Charter Title & Escrow Svcs
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,600 New Conventional
Previous Owner $30,000 Future Advance Clause Open End Mortgage
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $114,500 -10.2% $118 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $127,500 +150.0% $132 / Sq Ft
12/14/2018 12/14/18 Sold $51,000 -26.1% $53 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $69,000 +60.5% $71 / Sq Ft
06/29/2017 06/29/17 Sold $43,000 +10.3% $44 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $39,000 -- $40 / 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 $1,790 $129,500 $21,000 $108,500
2023 $2,170 $129,500 $21,000 $108,500
2022 $1,792 $89,900 $18,000 $71,900
2021 $1,695 $89,900 $18,000 $71,900
2020 $1,009 $52,800 $18,000 $34,800
2019 $1,009 $52,800 $18,000 $34,800
2018 $718 $37,400 $18,000 $19,400
2017 $725 $37,400 $18,000 $19,400
2016 $907 $46,600 $18,000 $28,600
2015 $901 $46,600 $18,000 $28,600
2014 $879 $45,200 $15,000 $30,200
2013 -- $45,200 $18,000 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10138101

Great Plains Regional MLS

APN: 10-25-423-004-000