NOT LISTED FOR SALE

321 Chestnut St Hickman, NE 68372

Estimated Value: $1,005,748

3 Beds
1 Bath
11,484 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $850,000 $74 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,237/month

1 Day on Market

Highlights

  • 0.53 Acre Lot
  • Deck
  • Forced Air Heating and Cooling System
  • Norris Elementary School Rated A-
  • No HOA
  • 20 Car Garage

About This Home

As of July 2021

Fully leased 14 unit apartment building in Hickman. Brick exterior with newer roof, vinyl trim and wrapped soffits and fascia. Good returns.

Last Agent to Sell the Property

Lynn Fisher

Great Place Properties License #20110100 Listed on: 06/03/2021

Last Buyer's Agent

Jenni Limbach

Arrow Brokerage License #20200393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,470

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 155 x 150

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 20 Car Garage
  • No Garage
  • Off-Street Parking

Schools

  • Norris Elementary And Middle School
  • Norris High School

Utilities

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

Additional Features

  • 3-Story Property
  • Deck

Listing and Financial Details

  • Total Actual Rent $1,010
  • Assessor Parcel Number 1533200012000

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • Hickman Subdivision

Building Details

  • Insurance Expense $4,000
  • Maintenance Expense $2,350
  • Net Operating Income $56,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,470

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Parcel Number: 1533200012000
  • Property Sub Type: Multi Family
  • Year Built: 1973
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5337
  • Lot Size: 155 x 150
  • Ownership: Fee Simple
  • Subdivision Name: Hickman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Propane
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, No Garage
  • Total Parking Spaces: 20

Utilities

  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Norris
  • Elementary School: Norris
  • Junior High Dist: Norris
  • Middle Or Junior School: Norris

Lot Info

  • Lot Features: Over 1/2 up to 1 Acre
  • Lot Size Sq Ft: 23250
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 4000
  • Maintenance Expense: 2350
  • Number Of Units Total: 14
  • Property Net Operating Income: 56480
  • Total Actual Rent: 1010

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8470.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 15, 2021
Sold by
Sikkink Properties Llc
Bought by
Knight Rebek Llc
Seller's Agent
Lynn Fisher
Great Place Properties
Buyer's Agent
Jenni Limbach
Arrow Brokerage
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,005,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,748
Avg. Annual Appreciation
4.03%
Original Mortgage
$681,772
Outstanding Balance
$618,886
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$386,862

Purchase Details

Listed on
Jul 30, 2013
Closed on
Nov 14, 2013
Sold by
Rap Willis D and Rap Carol L
Bought by
Sikkink Properties Llc
Seller's Agent
Amy Keetle
United Country First State RE
Buyer's Agent
Amy Keetle
United Country First State RE
List Price
$370,000
Sold Price
$335,000
Premium/Discount to List
-$35,000
-9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$258,894
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Knight Rebek Llc $850,000 Charter T&E Svcs Inc
Sikkink Properties Llc $335,000 Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Rebek Llc $681,772
Previous Owner Sikkink Properties Llc $258,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $850,000 0.0% $74 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $850,000 +153.7% $74 / Sq Ft
11/18/2013 11/18/13 Sold $335,000 -9.5% $29 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $370,000 -- $32 / 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
2025 $10,800 $815,900 $84,000 $731,900
2024 $10,800 $777,100 $84,000 $693,100
2023 $12,065 $643,600 $84,000 $559,600
2022 $13,258 $613,000 $84,000 $529,000
2021 $10,928 $506,300 $84,000 $422,300
2020 $8,415 $383,500 $84,000 $299,500
2019 $8,470 $383,500 $84,000 $299,500
2018 $8,461 $383,500 $84,000 $299,500
2017 $8,231 $370,400 $84,000 $286,400
2016 $8,185 $370,400 $84,000 $286,400
2015 $8,186 $370,400 $84,000 $286,400
2014 $8,261 $360,300 $84,000 $276,300
2013 -- $360,300 $84,000 $276,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22111962

Great Plains Regional MLS

APN: 15-33-200-012-000