NOT LISTED FOR SALE

3200 Briarwood Ave Lincoln, NE 68516

Estimated Value: $283,000 - $350,000

4 Beds
2 Baths
2,240 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $215,000 $96 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,054/month

25 Days on Market

Highlights

  • 2 Fireplaces
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Rousseau Elementary School Rated A
  • Property is near a bus stop
  • Level Lot

About This Home

As of July 2019

Briarhurst (2 bed/1 bath) duplex near convenient 31st & Old Cheney area. Units are in good condition, nice yard on beautiful tree lined street. Units are up/down arrangement with one single garage and one double stall garage. Properties have been well maintained and have been professionally managed. Can be sold with 3220 Briarwood next door.

Last Agent to Sell the Property

Jason Opp

Century Sales & Management LLC License #20050458 Listed on: 05/08/2019

Last Buyer's Agent

Brenden Stai

Nebraska Realty License #20070821

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1978

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75 x 120
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Bedrooms
  • 2,240 Sq Ft Home
  • 2 Fireplaces
  • Basement

Location

  • Property is near a bus stop

Schools

  • Rousseau Elementary School
  • Irving Middle School
  • Southwest High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $1,898
  • Assessor Parcel Number 1607408012000

Community Details

Overview

  • 2,240 Sq Ft Building
  • Briarhurst Subdivision

Building Details

  • Insurance Expense $1,486
  • Maintenance Expense $3,012
  • Net Operating Income $15,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1978

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Parcel Number: 1607408012000
  • Property Sub Type: Multi Family
  • Year Built: 1978
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2066
  • Lot Size: 75 x 120
  • Ownership: Fee Simple
  • Subdivision Name: Briarhurst
  • Directions: South 31st & Old Cheney to Briarwood East to property. Lock box on west side of 3200 unit hanging on water spigot. Please do not let cats our of 3220 $3230 Units.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE2COOLING_82: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • BK9_LFD_TYPE2HEATFUEL_81: Gas
  • BK9_LFD_TYPE2HEATTYPE_80: Forced Air
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2240
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Features: Bus Service, Hike/Bike Trails
  • Fencing: None
  • Construction Type: Block
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Attached
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: 97
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: Southwest
  • Elementary School: Rousseau
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Irving

Lot Info

  • Lot Features: Up to 1/4 Acre., Level
  • Lot Size Sq Ft: 9000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1486
  • Maintenance Expense: 3012
  • Number Of Units Total: 2
  • Property Net Operating Income: 15244
  • Total Actual Rent: 1898

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3113.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 25, 2019
Sold by
Papa Properties Llc
Bought by
Stai Brenden M and Stai Jennifer C
Seller's Agent
Jason Opp
Century Sales & Management LLC
Buyer's Agent
Brenden Stai
Nebraska Realty
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%
Current Estimated Value
$327,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,067
Avg. Annual Appreciation
7.10%
Original Mortgage
$322,500
Outstanding Balance
$285,980
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$42,208

Purchase Details

Listed on
Jan 1, 1900
Closed on
Feb 20, 2012
Sold by
Fralin Robert D and Fralin Shirley M
Bought by
Papa Properties Llc
Seller's Agent
Shirley Fralin, CRS
HOME Real Estate
Buyer's Agent
Mary Waite
NP Dodge RE Sales Inc Lincoln
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Fralin Robert D and Fralin Shirley M
Bought by
Fralin Robert D and Fralin Shirley M
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
Stai Brenden M $430,000 Consumers Title And Escrow
Papa Properties Llc $130,000 Nebraska Title Company
Fralin Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aztec Tiger Re Group Llc $130,593
Open Stai Brenden M $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $215,000 -6.5% $96 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $229,900 -4.2% $103 / Sq Ft
05/07/2019 05/07/19 For Sale $239,900 +84.5% $107 / Sq Ft
03/01/2012 03/01/12 Sold $130,000 -3.7% $59 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $135,000 -- $61 / 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 $3,333 $238,900 $45,000 $193,900
2023 $3,806 $227,100 $45,000 $182,100
2022 $4,126 $207,000 $35,000 $172,000
2021 $3,903 $207,000 $35,000 $172,000
2018 $3,113 $162,200 $35,000 $127,200
2017 $2,563 $132,300 $35,000 $97,300
2016 $2,576 $132,300 $35,000 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21908504

Great Plains Regional MLS

APN: 16-07-408-012-000