NOT LISTED FOR SALE

Estimated Value: $833,824

Studio
1 Bath
9,720 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2017

Last sale price $560,000 $58 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,695 / mo

71 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2017

100% occupied. 18 units, all 1bed 1bath. Each unit rents for $450 a month. Plenty of parking. Easy to manage. Property consists of 3 one-story 6Plexes. COC has been completed. New roofs as of 5/18/17. Ready to turn over to new owner.

Last Agent to Sell the Property

Clayton Weddle

CENTURY 21 Home & Farm Realty License #20050244 Listed on: 05/10/2017

CENTURY 21 Home & Farm Realty

Last Buyer's Agent

Clayton Weddle

CENTURY 21 Home & Farm Realty License #20050244 Listed on: 05/10/2017

CENTURY 21 Home & Farm Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,945

Year Built

  • Built in 1976

Lot Details

  • 12,823 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

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

Utilities

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

Listing and Financial Details

  • Total Actual Rent $450
  • Assessor Parcel Number 1707407029000

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Building Details

  • Insurance Expense $7,400
  • Manager Expense $6,328
  • Other Expense $6,600
  • Net Operating Income $62,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,945

Year Built

Built in 1976

Lot Details

0.29 Acres

Listing Details

  • Parcel Number: 1707407029000
  • Property Sub Type: Multi Family
  • Other Expense: 6600
  • Year Built: 1976
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2944
  • Lot Size: 252 x 158 | 136 x 166
  • Directions: 41 & Greenwood 2 blocks north of 41st & Adams Street.
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Other
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Over 1/2 up to 1 Acre, Level
  • Lot Size Sq Ft: 12823.2788
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 7400
  • Number Of Units Total: 18
  • Resident Manager Expense: 6328
  • Property Net Operating Income: 62178
  • Total Actual Rent: 450

Tax Info

  • Tax Annual Amount: 7944.52

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 24, 2017
Sold by
Bought by
Seller's Agent
Clayton Weddle
CENTURY 21 Home & Farm Realty
Buyer's Agent
Clayton Weddle
CENTURY 21 Home & Farm Realty
List Price
$649,900
Sold Price
$560,000
Premium/Discount to List
-$89,900
-13.83%
Current Estimated Value
$833,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,824
Avg. Annual Appreciation
4.53%
Original Mortgage
$420,000
Outstanding Balance
$57,975
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$775,849

Purchase Details

Listed on
Oct 21, 2013
Closed on
Apr 16, 2014
Sold by
Bought by
Seller's Agent
Michael Poskochil
Woods Bros Realty
Buyer's Agent
Scott Anderson
Keller Williams Lincoln
List Price
$475,000
Sold Price
$408,000
Premium/Discount to List
-$67,000
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in University Place, NE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Nebraska Title Co
$408,000 Nebraska Land Title & Abstra
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $560,000 -13.8% $58 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $649,900 +59.3% $67 / Sq Ft
04/17/2014 04/17/14 Sold $408,000 -14.1% $252 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $475,000 -- $293 / Sq Ft
Source: Great Plains Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,347 $1,004,800 $54,000 $950,800
2024 $13,347 $957,000 $108,000 $849,000
2023 $15,275 $911,400 $108,000 $803,400
2022 $16,265 $816,100 $108,000 $708,100
2021 $13,677 $725,400 $108,000 $617,400
2020 $10,376 $543,000 $108,000 $435,000
2019 $10,377 $543,000 $108,000 $435,000
2018 $10,423 $543,000 $108,000 $435,000
2017 $7,904 $408,000 $108,000 $300,000
2016 $7,945 $408,000 $108,000 $300,000
2015 $7,890 $408,000 $54,000 $354,000
2014 $8,810 $453,000 $54,000 $399,000
2013 -- $453,000 $54,000 $399,000
Source: Public Records

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Map

Source: Great Plains Regional MLS

MLS Number: L10137744

Great Plains Regional MLS

APN: 17-07-407-029-000

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