NOT LISTED FOR SALE

Estimated Value: $236,124 - $259,000

-- Bed
4 Baths
1,676 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $121,500 $72 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,610/month

148 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of October 2014

REDUCED. Great cash flow property. Low maintenance exterior. Alley access. Currently fully occupied. 4 stall off street parking.

Last Agent to Sell the Property

Kevin Noonan

NP Dodge RE Sales Inc Lincoln License #20110453 Listed on: 04/01/2014

NP Dodge RE Sales Inc Lincoln

Last Buyer's Agent

Kevin Noonan

NP Dodge RE Sales Inc Lincoln License #20110453

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1962

Lot Details

  • 6,390 Sq Ft Lot
  • Lot Dimensions are 45 x 142

Parking

  • 4 Parking Spaces

Home Design

  • 1,676 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

  • Elliott Elementary School
  • Lefler 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 $1,550
  • Assessor Parcel Number 1730106010000

Community Details

Overview

  • No Home Owners Association
  • 1,676 Sq Ft Building

Building Details

  • Insurance Expense $700
  • Maintenance Expense $1,000
  • Manager Expense $875
  • Net Operating Income $11,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Parcel Number: 1730106010000
  • Property Sub Type: Multi Family
  • Year Built: 1962
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1467
  • Lot Size: 45 x 142
  • Directions: Turn south on 29th Street off 'O' Street
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 1676
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Construction Type: Brick/Other
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Elliott
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Lefler

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 6390
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 700
  • Maintenance Expense: 1000
  • Number Of Units Total: 4
  • Resident Manager Expense: 875
  • Property Net Operating Income: 11339
  • Total Actual Rent: 1550

Tax Info

  • Tax Annual Amount: 2310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Oct 23, 2014
Sold by
Cook Jude and Cook Barbara
Bought by
Flachsbart Brent and Gonzales Christine Lee
Seller's Agent
Kevin Noonan
NP Dodge RE Sales Inc Lincoln
Buyer's Agent
Kevin Noonan
NP Dodge RE Sales Inc Lincoln
List Price
$132,500
Sold Price
$121,500
Premium/Discount to List
-$11,000
-8.3%
Current Estimated Value
$247,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,062
Avg. Annual Appreciation
6.43%
Original Mortgage
$91,125
Outstanding Balance
$71,205
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$167,536

Purchase Details

Closed on
Aug 2, 2013
Sold by
Surefire Properties Llc
Bought by
Cook Jude and Cook Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2013
Sold by
Peterson Tyler and Peterson Julia
Bought by
Don Pollo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2012
Sold by
Ross Andrew and Ross Kelly M
Bought by
Peterson Tyler and Peterson Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 16, 2012
Closed on
Jun 14, 2012
Sold by
Advantage Properties
Bought by
Ross Andrew
Seller's Agent
Mike Thomalla
Woods Bros Realty
Buyer's Agent
Tyler Peterson
kwELITE Real Estate
List Price
$109,200
Sold Price
$80,000
Premium/Discount to List
-$29,200
-26.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
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
Flachsbart Brent $121,500 Dc Title
Cook Jude $117,000 Charter Title & Escrow Servi
Surefire Properties Llc $110,000 Charter Title & Escrow Servi
Don Pollo Properties Llc -- None Available
Peterson Tyler $115,000 Union Title Company Llc
Ross Andrew $80,000 Union Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flachsbart Brent $91,125
Previous Owner Cook Jude $87,750
Previous Owner Peterson Tyler $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $121,500 -8.3% $72 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $132,500 +65.6% $79 / Sq Ft
06/15/2012 06/15/12 Sold $80,000 -26.7% $46 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $109,200 -- $62 / 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 $3,126 $224,100 $32,000 $192,100
2023 $3,577 $213,400 $32,000 $181,400
2022 $3,544 $177,800 $32,000 $145,800
2021 $2,979 $158,000 $32,000 $126,000
2020 $2,501 $130,900 $32,000 $98,900
2019 $2,501 $130,900 $32,000 $98,900
2018 $2,513 $130,900 $32,000 $98,900
2017 $2,412 $124,500 $32,000 $92,500
2016 $2,424 $124,500 $32,000 $92,500
2015 $2,408 $124,500 $32,000 $92,500
2014 $2,299 $118,200 $32,000 $86,200
2013 -- $118,200 $32,000 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10113321

Great Plains Regional MLS

APN: 17-30-106-010-000