NOT LISTED FOR SALE

3001 S 51st Street Ct Unit 305 Lincoln, NE 68506

South 48th Street Neighborhood

Estimated Value: $136,000 - $145,000

2 Beds
1 Bath
935 Sq Ft
$335/mo HOA Fee

Last Sold April 10, 2024

Last sale price $123,000 $132 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,270/month

174 Days on Market

Highlights

  • Senior Community
  • Home Gym
  • Covered Deck
  • Ranch Style House
  • Balcony
  • Walk-In Closet

About This Home

As of April 2024

Contract Pending. Beautifully updated 2BR condo is move-in ready & waiting for you! The updated, step-saving kitchen features stylish granite counters, tile backsplash & SS appliances. Large living room with patio door lets in the light & extends to private balcony overlooking the landscape. Primary bedroom has walk-in closet. All appliances stay, including your in-unit washer/dryer. This all electric home (electricity averages only $50/month) has newer, energy-efficient windows & patio door that let in lots of light. Only a few steps away from the elevator & from your locked storage closet. If you want to watch football or mingle with neighbors, you’ll enjoy the movie room, library, workout room and common areas. Snow’s here but you won’t have to worry—the HOA takes care of that, lawn, water, garbage & more. Think of the freedom you’ll have to travel & relax! Your own private home, in a secure building, at 51st & Van Dorn.

Last Agent to Sell the Property

Karen Schaeffer

HOME Real Estate License #0891105 Listed on: 09/20/2023

HOME Real Estate

Last Buyer's Agent

Demari Monico

RE/MAX Concepts License #20070675

RE/MAX Concepts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1986

Lot Details

  • 6

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 935 Sq Ft Home
  • Sliding Doors
  • Home Gym

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Deck

Schools

  • Calvert Elementary School
  • Pound Middle School
  • Lincoln Southeast High School

Additional Features

  • Stepless Entry
  • Lot includes common area
  • Forced Air Heating and Cooling System

Community Details

  • Senior Community
  • Association fees include exterior maintenance, ground maintenance, snow removal, insurance, common area maintenance, water, trash, management
  • Van Dorn Villa Association
  • Van Dorn Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1605200031038

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,954

Year Built

Built in 1986

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Parcel Number: 1605200031038
  • Property Sub Type: Condominium
  • Year Built: 1986
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Subdivision Name: Van Dorn Villa
  • Directions: Van Dorn Villa is located to the southeast of 48th and Van Dorn.
  • Above Grade Finished Sq Ft: 935
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: Exercise Room, Elevator, Zero Step Entry
  • Appliances: Range - Cooktop + Oven, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Accessibility Features: Interior Accessible
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 935
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 64
  • Bedroom 1 Level: Main Floor
  • Room Dining Room Area: 96
  • Room Living Room Area: 288
  • Dining Room Dining Room Level: Main Floor
  • Room Kitchen Features: Vinyl Floor
  • Living Room Living Room Level: Main Floor
  • Bedroom 1 Features: Wall/Wall Carpeting
  • Room Master Bedroom Area: 143
  • Dining Room Features: Vinyl Floor
  • Living Room Features: Wall/Wall Carpeting, Balcony/Deck, Sliding Glass Door
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11
  • Master Bedroom Features: Wall/Wall Carpeting, Walk-In Closet(s)

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Road Surface Type: Paved
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick/Other
  • Patio And Porch Features: Covered Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Laundry Features: Vinyl Floor
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Association Name: Van Dorn Villa
  • Association: Yes

Fee Information

  • Association Fee Includes: Exterior Maintenance, Maintenance Grounds, Snow Removal, Insurance, Common Area Maintenance, Water, Trash, Management

Schools

  • High School: Lincoln Southeast
  • Elementary School: Calvert
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Pound

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: City Lot, Paved Road, Common Area
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1953.5

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Apr 8, 2024
Sold by
Lase Nancy
Bought by
Vangen Mark D
Seller's Agent
Karen Schaeffer
HOME Real Estate
Buyer's Agent
Demari Monico
RE/MAX Concepts
List Price
$150,000
Sold Price
$123,000
Premium/Discount to List
-$27,000
-18%
Views
858
Current Estimated Value
$141,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,137
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Dec 29, 2021
Sold by
Fowle Mitchell D and Estate Of Larry Fowle
Bought by
Carpenter Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 20, 2020
Sold by
Bartek Steve C and Bartek Joanne
Bought by
Lase Nancy
Seller's Agent
Brooke Oliver
Nebraska Realty
Buyer's Agent
Karen Schaeffer
HOME Real Estate
List Price
$118,000
Sold Price
$113,000
Premium/Discount to List
-$5,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jul 11, 2019
Sold by
Powers Yvonne J
Bought by
Bartek Steve C
Seller's Agent
Cindy Foster
NP Dodge RE Sales Inc Lincoln
Buyer's Agent
Brooke Oliver
Nebraska Realty
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.45%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Rathe Thomas E
Bought by
Powers Yvonne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,640
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Otto Richard and Otto Garry
Bought by
Rathe Gertrude M and Rathe Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.8%
Mortgage Type
Unknown
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
Vangen Mark D $123,000 Nebraska Title
Carpenter Michael D $117,000 Nebraska Title Co
Lase Nancy $113,000 Homeservices Title
Bartek Steve C $65,000 Charter T&E Svcs Inc
Powers Yvonne J $66,000 Nebraska Land Title & Abstra
Rathe Gertrude M $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Michael D $68,000
Previous Owner Powers Yvonne J $52,640
Previous Owner Rathe Gertrude M $49,100
Previous Owner Rathe Gertrude M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $123,000 -5.4% $132 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $130,000 -7.1% $139 / Sq Ft
02/05/2024 02/05/24 Price Changed $139,900 -3.5% $150 / Sq Ft
11/17/2023 11/17/23 Price Changed $145,000 -3.3% $155 / Sq Ft
09/20/2023 09/20/23 For Sale $150,000 +32.7% $160 / Sq Ft
01/24/2020 01/24/20 Sold $113,000 -2.6% $121 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $116,000 +2.7% $124 / Sq Ft
08/28/2019 08/28/19 Off Market $113,000 -- --
08/20/2019 08/20/19 For Sale $118,000 0.0% $126 / Sq Ft
08/15/2019 08/15/19 For Sale $118,000 +81.5% $126 / Sq Ft
07/12/2019 07/12/19 Sold $65,000 -7.0% $70 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $69,900 -- $75 / 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 $1,997 $140,700 $30,000 $110,700
2023 $2,025 $120,800 $30,000 $90,800
2022 $2,069 $103,800 $30,000 $73,800
2021 $1,957 $103,800 $30,000 $73,800
2020 $1,582 $82,800 $25,000 $57,800
2019 $1,582 $82,800 $25,000 $57,800
2018 $0 $77,900 $20,000 $57,900
2017 $0 $77,900 $20,000 $57,900
2016 $0 $67,000 $20,000 $47,000
2015 -- $67,000 $20,000 $47,000
2014 -- $71,200 $20,000 $51,200
2013 -- $71,200 $20,000 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22321872

Great Plains Regional MLS

APN: 16-05-200-031-038