NOT LISTED FOR SALE

2931 N 56th St Lincoln, NE 68504

University Place Neighborhood

Estimated Value: $250,205 - $281,000

4 Beds
4 Baths
1,625 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $135,000 $83 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,680/month

6 Days on Market

About This Home

As of October 2013

Here's the perfect situation for someone who wants to live in one side of a duplex and produce income from the other side. All brick Duplex built for that ideal situation. Plenty of off-street parking. Updated inside with neutral colors. Some newer carpet and some wood floors. Front unit has remodeled kitchen with newer cabinets. Both units have two Bedrooms with 2 Bath areas. Downstairs you'll find a finished Family Rooms and an office area with the second bathroom adjoining.

Last Agent to Sell the Property

Kent Obrist

Woods Bros Realty License #20030194 Listed on: 09/25/2013

Woods Bros Realty

Last Buyer's Agent

Diane Richters

Woods Bros Realty License #920466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1960

Lot Details

  • 9,453

Parking

  • 3 Parking Spaces

Home Design

  • 1,625 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation

Schools

  • Huntington Elementary School
  • Dawes Middle School
  • Lincoln Northeast High School

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 1,625 Sq Ft Building

Listing and Financial Details

  • Total Actual Rent $1,500
  • Assessor Parcel Number 1717206008000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,737

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Parcel Number: 1717206008000
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Prop. Type: Residential Income
  • Lot Size: 50 x 197 x 3 | 20 x 20 x 177
  • Directions: Adams Just south of N 56th & Adams
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • Living Area: 1625

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln Northeast
  • Elementary School: Huntington
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Dawes

Lot Info

  • Lot Features: Up to 1/4 Acre.

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1500

Tax Info

  • Tax Annual Amount: 2737.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Oct 24, 2013
Sold by
Schmit Ronnie N
Bought by
Little Creek Enterprises Llc
Seller's Agent
Kent Obrist
Woods Bros Realty
Buyer's Agent
Diane Richters
Woods Bros Realty
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$265,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,051
Avg. Annual Appreciation
5.62%
Original Mortgage
$108,000
Outstanding Balance
$82,957
Interest Rate
4.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$175,005

Purchase Details

Closed on
May 2, 2001
Sold by
Larson Gloria G and Larson Larry
Bought by
Schmit Ron and Schmit Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.81%
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
Little Creek Enterprises Llc $135,000 Nebraska Title Company
Schmit Ron $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Creek Enterprises Llc $108,000
Previous Owner Schmit Ron $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $135,000 -3.5% $83 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $139,900 -- $86 / 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 $2,837 $205,300 $36,000 $169,300
2023 $3,441 $205,300 $31,500 $173,800
2022 $3,201 $160,600 $21,000 $139,600
2021 $3,028 $160,600 $21,000 $139,600
2020 $3,141 $164,400 $21,000 $143,400
2019 $2,842 $148,700 $21,000 $127,700
2018 $2,854 $148,700 $21,000 $127,700
2017 $2,697 $139,200 $21,000 $118,200
2016 $2,711 $139,200 $21,000 $118,200
2015 $2,692 $139,200 $21,000 $118,200
2014 -- $140,500 $21,000 $119,500
Source: Public Records

Agents Affiliated with this Home

  • Kent Obrist

    Seller's Agent in 2013

    Kent Obrist

    Wood Bros Realty

    (402) 434-3500

    4 in this area

    81 Total Sales

    Kent Obrist
    Section Image

  • D

    Buyer's Agent in 2013

    Diane Richters

    Woods Bros Realty

See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10109736

Great Plains Regional MLS

APN: 17-17-206-008-000

Nebraska Lancaster County Lincoln 68504 University Place

2931 N 56th St, Lincoln, NE

This home is located at 2931 N 56th St, Lincoln, NE 68504 since 25 September 2013 and is currently estimated at $265,051, approximately $163 per square foot. This property was built in 1960. 2931 N 56th St is a home located in Lancaster County with nearby schools including Huntington Elementary School, Dawes Middle School, and Lincoln Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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