NOT LISTED FOR SALE

3042 N 48th St Lincoln, NE 68504

University Place Neighborhood

Estimated Value: $197,000 - $213,042

3 Beds
1.5 Baths
1,074 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $190,000 $177 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,313/month

14 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Corner Lot
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Come see this all-brick bungalow located in NE Lincoln. The inside has been recently updated in 2022 with new appliances, countertops, windows, flooring, and paint! On the main level, there are 3 bedrooms and a full bathroom. Downstairs offers plenty of storage, a non-confirming bedroom, a half bath, a laundry room with included washer/dryer, and the potential to finish off more living space to gain equity! Other bonuses with this charmer is the double wide driveway, radon mitigated in '22, a storage shed, and a covered front porch with a wheelchair lift!

Last Agent to Sell the Property

Wade Bartels

SimpliCity Real Estate License #20180148 Listed on: 05/26/2023

Last Buyer's Agent

Wade Bartels

SimpliCity Real Estate License #20180148 Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 70 x 80
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Corner Lot

Home Design

  • Ranch Style House
  • Bungalow
  • Brick Foundation
  • Composition Roof

Interior Spaces

  • 1,074 Sq Ft Home
  • Basement
  • Basement Windows

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Pad
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1708436005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Parcel Number: 1708436005000
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 70 x 80
  • Ownership: Fee Simple
  • Subdivision Name: UNIVERSITY PLACE
  • Directions: Property is North on N.48th at the intersection of N. 48th and Adams. Property is to your right. (South East Corner at intersection of N. 48th St. and Greenwood)
  • Above Grade Finished Sq Ft: 1074
  • Architectural Style: Ranch, Bungalow
  • Carport Y N: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: Other Window
  • Appliances: Range - Cooktop + Oven, Refrigerator, Washer, Dishwasher, Dryer, Disposal
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1074
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: Chain Link, Wood, Partial
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, Extra Parking Slab

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2698.54

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 7, 2023
Sold by
Wyatt Tucker
Bought by
Shue Karl and Shue Naomi
Seller's Agent
Wade Bartels
SimpliCity Real Estate
Buyer's Agent
Wade Bartels
SimpliCity Real Estate
List Price
$199,500
Sold Price
$190,000
Premium/Discount to List
-$9,500
-4.76%
Views
332
Current Estimated Value
$205,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,761
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Dec 16, 2021
Closed on
Mar 8, 2022
Sold by
H & S Partnership Llp
Bought by
Wyatt Tucker
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Wade Bartels
HOME Real Estate
List Price
$164,900
Sold Price
$120,000
Premium/Discount to List
-$44,900
-27.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.19%
Original Mortgage
$132,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 24, 2022
Sold by
Chen Mary C and Chen Michael L
Bought by
Dawe Myles
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Wade Bartels
HOME Real Estate
List Price
$164,900
Sold Price
$120,000
Premium/Discount to List
-$44,900
-27.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Hbi L L C
Bought by
H & S Partnership L L P

Purchase Details

Closed on
Jul 2, 2008
Sold by
Bigham Jerry D
Bought by
Bigham Jerry D
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
Shue Karl $190,000 402 Title Services
Wyatt Tucker $165,000 Midwest Title
Dawe Myles $170,000 Platinum Title & Escrow
H & S Partnership L L P $38,000 None Available
H B I Llc $37,881 None Available
Bigham Jerry D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wyatt Tucker $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $190,000 0.0% $177 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/03/2023 06/03/23 Price Changed $190,000 -4.8% $177 / Sq Ft
05/26/2023 05/26/23 For Sale $199,500 +66.3% $186 / Sq Ft
04/01/2022 04/01/22 Sold $120,000 -27.2% $112 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $164,900 +37.4% $154 / Sq Ft
01/25/2022 01/25/22 Off Market $120,000 -- --
12/30/2021 12/30/21 Price Changed $164,900 -2.9% $154 / Sq Ft
12/14/2021 12/14/21 For Sale $169,900 -- $158 / 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 $2,308 $165,500 $28,000 $137,500
2023 $2,640 $157,500 $28,000 $129,500
2022 $2,548 $135,400 $21,000 $114,400
2021 $2,553 $135,400 $21,000 $114,400
2020 $2,127 $111,300 $17,500 $93,800
2019 $2,127 $111,300 $17,500 $93,800
2018 $1,862 $97,000 $17,500 $79,500
2017 $1,879 $97,000 $17,500 $79,500
2016 $1,830 $94,000 $17,500 $76,500
2015 $1,818 $94,000 $17,500 $76,500
2014 -- $85,800 $17,500 $68,300
2013 -- $85,800 $17,500 $68,300
Source: Public Records

Agents Affiliated with this Home

  • Wade Bartels

    Seller's Agent in 2023

    Wade Bartels

    SimpliCity Real Estate

    (402) 796-6136

    16 in this area

    343 Total Sales

    Wade Bartels
    Section Image
  • Derek Kats

    Seller's Agent in 2022

    Derek Kats

    Keller Williams Lincoln

    (402) 770-5021

    8 in this area

    204 Total Sales

    Derek Kats
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Joe Courtney

    Keller Williams Lincoln

    (402) 328-0200

    9 in this area

    178 Total Sales

    Joe Courtney
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 22311285

Great Plains Regional MLS

APN: 17-08-436-005-000

Nebraska Lancaster County Lincoln 68504 University Place

3042 N 48th St, Lincoln, NE

This home is located at 3042 N 48th St, Lincoln, NE 68504 since 26 May 2023 and is currently estimated at $205,761, approximately $191 per square foot. This property was built in 1930. 3042 N 48th 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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