NOT LISTED FOR SALE

373 S 5th St David City, NE 68632

Estimated Value: $700,532

7 Beds
7 Baths
9,445 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $462,000 $49 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,272/month

16 Days on Market

About This Home

As of September 2019

THIS BRICK ZERO ENTRY APARTMENT COMPLEX CONSISTS OF 12 ONE-BEDROOM, ONE-BATH APARTMENTS. IT ALSO HAS A SMALL OFFICE, 2830 MEETING ROOM FOR RESIDENTS & PATIO PLUS A STORAGE SHED. THE COIN OPERATED LAUNDRY AREA CONSISTS OF 2 WASHERS & DRYERS. AT THIS TIME ALL 12 UNITS ARE RENTED WITH RENTS RANGING FROM $450 UP TO $634 PER UNIT. PROPERTY HAS BEEN OWNED BY ONE OWNER SINCE CONSTRUCTION. 8 UNITS CURRENTLY AT $634, 4 UNITS AT $450. WATER IS INCLUDED IN ELECTRICITY EXPENSE.

Last Agent to Sell the Property

Rick Grubaugh

RE/MAX TOTAL REALTY Listed on: 08/13/2019

RE/MAX TOTAL REALTY

Last Buyer's Agent

Lisa Slusarski

CENTURY 21 REALTY TEAM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1985

Lot Details

  • 0.9

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • Lot Dimensions are 340x115
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 120004956

Community Details

Overview

  • David City Subdivision

Building Details

  • Electric Expense $1,600
  • Insurance Expense $2,983

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Construction: Brick, Frame
  • Reso Roof: Asphalt
  • Bathrooms: Seven Or More
  • Gross Income: 82464
  • L O1 Office Phone1 Number: 402-564-5999
  • Number Of Stories: One
  • Property Style: Ranch
  • Tax Year: 2018
  • MediaType: APARTMENT BUILD
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 605

Interior Features

  • Appliances: Refrigerator, Stove, Common Outside Entry, Private Bath
  • Basement: No
  • Total Square Footage: 9445

Garage/Parking

  • Garage Capacity: None
  • SafetyFeatures: Smoke Detector, Sprinkler Syste

Utilities

  • Utilities: Seperate
  • Water and Sewer: City Sewer, City Water

Schools

  • School District: DAVID CITY
  • Junior High Dist: DAVID CITY

Lot Info

  • Lot Size: 340X115
  • Parcel Number: 120004956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Lohmeier Christopher J and Lohmeier Andrea N
Bought by
Bhr Properties Llc
Current Estimated Value
$700,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2019
Closed on
Sep 30, 2019
Sold by
Kerkman Dale and Kerkman Vickie
Bought by
Lohmeier Christopher J
Seller's Agent
Rick Grubaugh
RE/MAX TOTAL REALTY
Buyer's Agent
Lisa Slusarski
CENTURY 21 REALTY TEAM
List Price
$450,000
Sold Price
$462,000
Premium/Discount to List
$12,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$369,600
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Bhr Properties Llc -- None Listed On Document
Lohmeier Christopher J $462,000 Platte County T&E Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lohmeiers Christopher J $0
Previous Owner Lohmeier Christopher J $369,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $462,000 +2.7% $49 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $450,000 -- $48 / Sq Ft
Source: Columbus Board of REALTORS® (NE)

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 $5,240 $442,075 $28,455 $413,620
2023 $6,607 $442,075 $28,455 $413,620
2022 $6,492 $422,225 $28,455 $393,770
2021 $6,125 $397,785 $28,455 $369,330
2020 $5,281 $336,970 $28,455 $308,515
2019 $3,862 $247,225 $28,455 $218,770
2018 $3,782 $246,025 $28,455 $217,570
2017 $3,777 $246,025 $28,455 $217,570
2016 $3,707 $246,025 $28,455 $217,570
2015 $3,960 $246,025 $28,455 $217,570
2014 $3,786 $227,155 $28,455 $198,700
Source: Public Records

Agents Affiliated with this Home

  • Rick Grubaugh

    Seller's Agent in 2019

    Rick Grubaugh

    RE/MAX

    (402) 276-1210

    5 in this area

    164 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Slusarski

    CENTURY 21 REALTY TEAM

    (402) 276-1982

    36 Total Sales

    Section Image
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Map

Source: Columbus Board of REALTORS® (NE)

MLS Number: 1900466

APN: 1200-04956

Nebraska Butler County David City 68632

373 S 5th St, David City, NE

This home is located at 373 S 5th St, David City, NE 68632 since 13 August 2019 and is currently estimated at $700,532, approximately $74 per square foot. This property was built in 1985. 373 S 5th St is a home located in Butler County with nearby schools including David City Secondary School, St. Mary's School, and Aquinas High School.

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