NOT LISTED FOR SALE

3125 S 48th St Lincoln, NE 68506

South 48th Street Neighborhood

Estimated Value: $251,723 - $271,000

3 Beds
2 Baths
1,202 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 10, 2013

Last sale price $74,300 $62 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $1,640/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Pound Middle School Rated A-
  • 1 Car Attached Garage

About This Home

As of June 2013

Here is finally the fix and flip you have been looking for! Price is $20,000 below assessed value. All brick (except garage) 3 bedroom 1200 sq. ft. ranch in south Lincoln. This home is situated on a 100x150 lot. Has a curved driveway for easy access on to 48th street. The roof is approximately 7 years old and the furnace and air are about 4 years old. There are wood floors in the bedrooms and under the carpet in the living room (per seller). The interior of this house has not been updated since new and it needs it. It will need a totally new kitchen and the bath areas need to be re-done. Good bones but it is only for those who have a vision for possibilities and are willing to put in some sweat equity. Definitely NOT move in ready. Great potential but property absolutely has to be sold as is.

Last Agent to Sell the Property

David Vorovka

Woods Bros Realty License #960284 Listed on: 04/17/2013

Last Buyer's Agent

Judy McDowell

Woods Bros Realty License #881216

Woods Bros Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 100 x 150

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • 1,202 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1605130006000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1605130006000
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Prop. Type: Residential
  • Lot Size: 100 x 150
  • Directions: High On S 48th between Van Dorn & High St
  • Above Grade Finished Sq Ft: 1202
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1202
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 96
  • Room Bedroom2 Area: 108
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Living Room Area: 216
  • Dining Room Dining Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 160
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 16

Exterior Features

  • Foundation Details: Block
  • Home Warranty: No
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1/4 up to 1/2 Acre
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1944.28

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2014
Sold by
Oswald Kevin
Bought by
Hitz Ii Robert James and Hitz Pamela Jo
Current Estimated Value
$263,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 17, 2013
Closed on
May 6, 2013
Sold by
Mccabe Michael A and Mccabe Kathy K
Bought by
Oswald Kevin
Seller's Agent
David Vorovka
Woods Bros Realty
Buyer's Agent
Judy McDowell
Woods Bros Realty
List Price
$79,800
Sold Price
$74,300
Premium/Discount to List
-$5,500
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
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
Hitz Ii Robert James $150,000 Nebraska Title Co
Oswald Kevin $75,000 Nebraska Land Title & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitz Pamela Jo $137,500
Closed Hitz Ii Robert James $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $74,300 -6.9% $62 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $79,800 -- $66 / 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 $2,967 $214,700 $32,800 $181,900
2023 $3,598 $214,700 $32,800 $181,900
2022 $3,570 $179,100 $31,900 $147,200
2021 $3,377 $179,100 $31,900 $147,200
2020 $3,046 $159,400 $31,900 $127,500
2019 $3,046 $159,400 $31,900 $127,500
2018 $2,833 $147,600 $31,900 $115,700
2017 $2,859 $147,600 $31,900 $115,700
2016 $2,237 $114,900 $27,300 $87,600
2015 $2,222 $114,900 $27,300 $87,600
2014 -- $99,800 $27,300 $72,500
2013 -- $99,800 $27,300 $72,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Vorovka

    Wood Bros Realty

  • J

    Buyer's Agent in 2013

    Judy McDowell

    Wood Bros Realty

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Map

Source: Great Plains Regional MLS

MLS Number: L10105465

Great Plains Regional MLS

APN: 16-05-130-006-000

Nebraska Lancaster County Lincoln 68506 South 48th Street

3125 S 48th St, Lincoln, NE

This home is located at 3125 S 48th St, Lincoln, NE 68506 since 17 April 2013 and is currently estimated at $263,931, approximately $219 per square foot. This property was built in 1950. 3125 S 48th St is a home located in Lancaster County with nearby schools including Calvert Elementary School, Pound Middle School, and Lincoln Southeast High School.

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