NOT LISTED FOR SALE

3215 S 48th St Lincoln, NE 68506

South 48th Street Neighborhood

Estimated Value: $297,000 - $363,000

6 Beds
4 Baths
2,830 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 07, 2013

Last sale price $166,000 $59 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,035/month

98 Days on Market

Highlights

  • No HOA
  • Pound Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2013

Tidy, money making 4 plex in College View. Great roof, all vinyl sided. Look at the income! Over $24,000 per year and the tenants pay their own gas & electric. Each apartment has character, style and offer fun, safe and attractive places to live. Go look- Be picky- these are fine looking apartments. Sunny rooms, play yard for children, 1 car garage is for tenants in #1. A sound reasonable value.

Last Agent to Sell the Property

Craig Loeck

Woods Bros Realty License #930104 Listed on: 10/17/2012

Last Buyer's Agent

Marcia Weddle

CENTURY 21 Home & Farm Realty License #20040599

CENTURY 21 Home & Farm Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74 x 154

Parking

  • 1 Car Garage

Home Design

  • 2,830 Sq Ft Home
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Full Bathrooms

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

Listing and Financial Details

  • Total Actual Rent $2,090
  • Assessor Parcel Number 1605117022000

Community Details

Overview

  • No Home Owners Association
  • 2,830 Sq Ft Building

Building Details

  • Insurance Expense $924
  • Net Operating Income $18,243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,919

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1605117022000
  • Property Sub Type: Multi Family
  • Year Built: 1952
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2616
  • Lot Size: 74 x 154
  • Directions: HIgh Street Just South of 48th & High Street- Property on W. side of 48th.
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 2830

Exterior Features

  • Foundation Details: Block
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 1

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

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 11396
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 924
  • Number Of Units Total: 4
  • Property Net Operating Income: 18243
  • Total Actual Rent: 2090

Tax Info

  • Tax Annual Amount: 2919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Vdc Properties Llc
Bought by
Dcne Properties Llc
Current Estimated Value
$321,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,344
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 14, 2013
Sold by
Lincoln Federal Savings Bank Of Nebraska
Bought by
Deichert Michael C and Deichert Cynthia K
Seller's Agent
Craig Loeck
Woods Bros Realty
Buyer's Agent
Marcia Weddle
CENTURY 21 Home & Farm Realty
List Price
$172,500
Sold Price
$166,000
Premium/Discount to List
-$6,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$128,000
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 6, 2013
Sold by
Deichert Michael C
Bought by
Vdc Properties Llc
Seller's Agent
Craig Loeck
Woods Bros Realty
Buyer's Agent
Marcia Weddle
CENTURY 21 Home & Farm Realty
List Price
$172,500
Sold Price
$166,000
Premium/Discount to List
-$6,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Dcne Properties Llc -- Nebraska Title Co
Deichert Michael C -- None Available
Vdc Properties Llc $166,000 Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dcne Properties Llc $112,344
Previous Owner Vdc Prpperties Llc $128,000
Previous Owner Vdc Properties Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2013 02/07/13 Sold $166,000 -3.8% $59 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $172,500 -- $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 $3,428 $245,200 $31,500 $213,700
2023 $3,863 $230,500 $31,500 $199,000
2022 $3,611 $181,200 $21,000 $160,200
2021 $3,416 $181,200 $21,000 $160,200
2020 $4,015 $210,100 $21,000 $189,100
2019 $3,275 $171,400 $21,000 $150,400
2018 $3,290 $171,400 $21,000 $150,400
2017 $3,150 $162,600 $21,000 $141,600
2016 $3,166 $162,600 $21,000 $141,600
2015 $3,144 $162,600 $21,000 $141,600
2014 $2,991 $153,800 $21,000 $132,800
2013 -- $153,800 $21,000 $132,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Craig Loeck

    Wood Bros Realty

  • Marcia Weddle

    Buyer's Agent in 2013

    Marcia Weddle

    CENTURY 21 Home & Farm Realty

    (402) 432-2652

    2 in this area

    44 Total Sales

    Marcia Weddle
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Map

Source: Great Plains Regional MLS

MLS Number: L10101465

Great Plains Regional MLS

APN: 16-05-117-022-000

Nebraska Lancaster County Lincoln 68506 South 48th Street

3215 S 48th St, Lincoln, NE

This home is located at 3215 S 48th St, Lincoln, NE 68506 since 17 October 2012 and is currently estimated at $321,613, approximately $113 per square foot. This property was built in 1952. 3215 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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