NOT LISTED FOR SALE

3711 S 57th St Lincoln, NE 68506

Estimated Value: $320,000 - $359,906

4 Beds
3 Baths
2,510 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $182,500 $73 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,286/month

27 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Pound Middle School Rated A-
  • 2 Car Attached Garage

About This Home

As of February 2020

Attention investors! Rare Southeast Lincoln flip opportunity! With over 3,000 square feet total this ranch home checks all the boxes for a great investment: Southeast Lincoln, 4+1 bedrooms, 3 bath areas (master bath!), 1st floor laundry, partially finished walkout basement, Brick exterior and 2 stall attached garage! This could also be a great opportunity for owner occupants looking for sweat equity. Talk your lender about possible renovation financing. Call for a showing today!

Last Agent to Sell the Property

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 01/14/2020

Keller Williams Lincoln

Co-Listed By

Joe Courtney

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20060702

Last Buyer's Agent

Virginia Eggert

Woods Bros Realty License #830006

Woods Bros Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,049

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 128

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Holmes Elementary School
  • Pound Middle School
  • Lincoln Southeast High School

Utilities

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

Community Details

  • No Home Owners Association
  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1604301007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,049

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1604301007000
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 50 x 128
  • Co List Office Mls Id: LKWR1
  • Ownership: Fee Simple
  • Subdivision Name: Colonial Hills
  • Directions: For best route consult GPS system
  • Above Grade Finished Sq Ft: 1510
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-770-5021
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000
  • Fireplace: No
  • Living Area: 2510
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Features: None
  • Fencing: None
  • Home Warranty: No
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Lincoln Southeast
  • Elementary School: Holmes
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Pound

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4049.34

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Gibson James H
Bought by
James H Gibson Revocable Trust and Gibson
Current Estimated Value
$343,477

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 18, 2020
Sold by
Lincoln Homebuyers Llc
Bought by
Gibson James H and Gibson Lillian R
Seller's Agent
Derek Kats
Keller Williams Lincoln
Buyer's Agent
Virginia Eggert
Woods Bros Realty
List Price
$194,900
Sold Price
$182,500
Premium/Discount to List
-$12,400
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$180,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2016
Sold by
Reo Asset Management Company Llc
Bought by
Lincoln Homebuyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
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
James H Gibson Revocable Trust -- None Listed On Document
Gibson James H $183,000 Midwest Title Inc
Lincoln Homebuyers Llc $192,000 None Available
Reo Asset Management Company Llc $92,697 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson James H $207,000
Previous Owner Gibson James H $180,500
Previous Owner Lincoln Homebuyers Llc $3,000,000
Previous Owner Watkins Bruce A $106,189
Previous Owner Watkins Bruce A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $182,500 -6.4% $73 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $194,900 -- $78 / 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 $4,867 $349,600 $69,000 $280,600
2023 $5,635 $336,200 $69,000 $267,200
2022 $5,190 $260,400 $55,000 $205,400
2021 $4,910 $260,400 $55,000 $205,400
2020 $4,049 $211,900 $55,000 $156,900
2019 $4,049 $211,900 $55,000 $156,900
2018 $3,737 $194,700 $55,000 $139,700
2017 $3,772 $194,700 $55,000 $139,700
2016 $3,297 $169,300 $30,000 $139,300
2015 -- $169,300 $30,000 $139,300
2014 $222 $171,000 $34,500 $136,500
2013 -- $171,000 $34,500 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22001035

Great Plains Regional MLS

APN: 16-04-301-007-000