NOT LISTED FOR SALE

Estimated Value: $221,000 - $262,010

5 Beds
4 Baths
2,994 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $88,500 $30 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,514/month

20 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-minute walk to Hartley Mini Park
  • Window Unit Cooling System

About This Home

As of April 2018

Cash flowing 4-plex investment property in mid-town Lincoln. Currently fully rented with history of low vacancies. Some units are in good condition as others will need some repairs. To be sold AS-IS, Seller will make no repairs or CoC requirements. Seller prefers to sell with adjoining 3038 Walnut Ct. MLS #10143924.

Last Agent to Sell the Property

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 02/12/2018

Keller Williams Lincoln

Last Buyer's Agent

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 02/12/2018

Keller Williams Lincoln

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1910

Lot Details

  • 5,097

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Wood Shingle Roof

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

  • Hartley Elementary School
  • Culler Middle School
  • Lincoln Northeast High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Total Actual Rent $1,750
  • Assessor Parcel Number 1719336007000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1719336007000
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Prop. Type: Residential Income
  • Lot Size: 127.55 x 39.99 | 128 x 39.99
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-770-5021
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Frame
  • Property Condition: Not New and NOT a Model
  • Roof: Wood Shingle

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 Northeast
  • Elementary School: Hartley
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Culler

Lot Info

  • Lot Features: Up to 1/4 Acre.

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 1750

Tax Info

  • Tax Annual Amount: 1698.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Boulder Ridge Properties Llc
Bought by
Hildy Construction Inc and Hildy Homes
Current Estimated Value
$236,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2019
Sold by
Poised Properties Llc
Bought by
Brangen Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 11, 2018
Sold by
Mcmillan Patricia
Bought by
Poised Properties Llc
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Derek Kats
Keller Williams Lincoln
List Price
$93,000
Sold Price
$88,500
Premium/Discount to List
-$4,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$175,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 1999
Sold by
Lincoln Fsb Of Nebraska
Bought by
Razey Lelia F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hildy Construction Inc $83,000 Nebraska Title Co
Brangen Investments Llc $215,000 Charter T&E Svcs Inc
Poised Properties Llc $159,000 Charter Title & Escrow Inc
Razey Lelia F $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brangen Investments Llc $145,000
Closed Hildy Construction Inc $99,500
Previous Owner Brangen Investments Llc $344,000
Previous Owner Poised Properties Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $88,500 -4.8% $30 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $93,000 -- $31 / 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 $2,855 $204,300 $45,000 $159,300
2023 $3,226 $192,500 $45,000 $147,500
2022 $3,001 $150,600 $25,000 $125,600
2021 $2,840 $150,600 $25,000 $125,600
2020 $2,266 $118,600 $25,000 $93,600
2019 $1,628 $85,200 $25,000 $60,200
2018 $1,635 $85,200 $25,000 $60,200
2017 $1,699 $87,700 $25,000 $62,700
2016 $1,708 $87,700 $25,000 $62,700
2015 $1,623 $83,900 $25,000 $58,900
2014 $1,725 $88,700 $25,000 $63,700
2013 -- $88,700 $25,000 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10143926

Great Plains Regional MLS

APN: 17-19-336-007-000