NOT LISTED FOR SALE

3500 Somerset Ave Lincoln, NE 68504

University Place Neighborhood

Estimated Value: $204,000 - $219,000

2 Beds
1 Bath
775 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $78,000 $101 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,360/month

92 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • 1 Car Detached Garage

About This Home

As of October 2012

Come Check Out This Updated 2 Bedroom, 1 Bath, Stone Ranch Home In University Place. As You Walk In The Main Level The Interior Features All New Paint, All New Carpet, Refinished Bath With Tile Floors, And A Completely Remodeled Kitchen With New Cabinets, New Countertops, Tiled Floor And New Appliances. Other Updates Include New Light Fixtures, New Central Air, And New Electrical Panel. Basement Is Unfinished With A Good Foundation And Ready To Be Finished To Build Equity. Exterior Features Include A Nice New Front Deck, New Roof, New Storm Windows, New Gutters, And A 1 Stall Garage. All This On A Nice Tree-Lined Lot.

Last Agent to Sell the Property

Noel Herrington

Nebraska Realty License #20010142 Listed on: 06/18/2012

Nebraska Realty

Last Buyer's Agent

Pat Lester

Woods Bros Realty License #20040035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1953

Lot Details

  • 6,795

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 775 Sq Ft Home
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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

Additional Features

  • Deck
  • Lot Dimensions are 57 x 90 x 95 x 97

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1708405015000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 1708405015000
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Prop. Type: Residential
  • Lot Size: 57 x 90 x 95 x 97
  • Directions: 48th & Fremont Streets From 48th & Holdrege - Go North - Turn Right On Fremont - Go One Block - Turn Right On Somerset.
  • Above Grade Finished Sq Ft: 775
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Other Equipment: Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 775
  • Main Level Bathrooms: 1
  • Room Kitchen Area: 110
  • Bedroom 1 Level: Main Floor
  • Room Living Room Area: 165
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 132
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11

Exterior Features

  • Foundation Details: Block
  • Home Warranty: No
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • 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 Northeast
  • Elementary School: Huntington
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Dawes

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1555.44

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Davis Carl H and Davis Mary A
Bought by
Ridgeway Austin T
Current Estimated Value
$211,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,675
Outstanding Balance
$136,442
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$58,458

Purchase Details

Listed on
Jun 18, 2012
Closed on
Oct 17, 2012
Sold by
Kirkendall Daniel N and Kirkendall Bonita N
Bought by
Davis Carl H and Davis Mary A
Seller's Agent
Noel Herrington
Nebraska Realty
Buyer's Agent
Pat Lester
Woods Bros Realty
List Price
$86,500
Sold Price
$78,000
Premium/Discount to List
-$8,500
-9.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$58,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Shields Terra
Bought by
Kirkendall Daniel N and Kirkendall Bonita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.91%
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
Ridgeway Austin T $155,000 Union Title Company
Davis Carl H $78,000 Union Title Company Llc
Kirkendall Daniel N $33,000 Nebraska Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgeway Austin T $33,634
Open Ridgeway Austin T $148,675
Previous Owner Davis Carl H $58,500
Previous Owner Kirkendall Daniel N $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $78,000 -9.8% $101 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $86,500 -- $112 / 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 $2,525 $182,700 $35,000 $147,700
2023 $3,062 $182,700 $35,000 $147,700
2022 $2,840 $142,500 $30,000 $112,500
2021 $2,687 $142,500 $30,000 $112,500
2020 $2,381 $124,600 $30,000 $94,600
2019 $2,381 $124,600 $30,000 $94,600
2018 $2,250 $117,200 $30,000 $87,200
2017 $2,270 $117,200 $30,000 $87,200
2016 $1,992 $102,300 $25,000 $77,300
2015 $1,978 $102,300 $25,000 $77,300
2014 $1,787 $91,900 $25,000 $66,900
2013 -- $68,000 $25,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Noel Herrington

    Seller's Agent in 2012

    Noel Herrington

    Nebraska Realty

    (402) 304-2958

    3 in this area

    219 Total Sales

    Noel Herrington
    Section Image

  • P

    Buyer's Agent in 2012

    Pat Lester

    Wood Bros Realty

See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10098768

Great Plains Regional MLS

APN: 17-08-405-015-000

Nebraska Lancaster County Lincoln 68504 University Place

3500 Somerset Ave, Lincoln, NE

This home is located at 3500 Somerset Ave, Lincoln, NE 68504 since 18 June 2012 and is currently estimated at $211,414, approximately $272 per square foot. This property was built in 1953. 3500 Somerset Ave is a home located in Lancaster County with nearby schools including Huntington Elementary School, Dawes Middle School, and Lincoln Northeast High School.

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