NOT LISTED FOR SALE

Estimated Value: $361,000 - $411,000

5 Beds
2 Baths
2,360 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $270,000 $114 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,438/month

69 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Privacy Fence

About This Home

As of August 2019

CONTRACT PENDING: Great opportunity for investor/owner-occupant on this very well built and well maintained duplex near the Heart of Lincoln. Currently under-rented and one tenant (3870), has given notice to the owner of their intent to vacate by the end of July 2019. Large 3+2 bedroom unit rented for $1350 and smaller 2+1 bedroom unit rented for $775.

Last Agent to Sell the Property

John Janovy II

Woods Bros Realty Brokerage Phone: 402-890-5381 License #20000139 Listed on: 05/08/2019

Woods Bros Realty

Co-Listed By

Steven Tegler

Keller Williams Lincoln Brokerage Phone: 402-890-5381 License #20040334

Last Buyer's Agent

Paula Randall

Woods Bros Realty License #20180773

Woods Bros Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,141

Year Built

  • Built in 1956

Lot Details

  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Home Design

  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage

Schools

  • Randolph Elementary School
  • Lefler Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $2,125
  • Assessor Parcel Number 1730215008000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Steeles Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Net Operating Income $20,800

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,141

Year Built

Built in 1956

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Parcel Number: 1730215008000
  • Property Sub Type: Multi Family
  • Year Built: 1956
  • Prop. Type: Residential Income
  • Lot Size: 110 x 80 x 105 x 70
  • Ownership: Cooperative
  • Subdivision Name: Steeles Subdivision
  • Directions: 40th Street to "L" then West to South 39th, then South to Steele Ave. Duplex is on the Northwest corner of South 39th and Steele Ave.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: 24-hour minimum notice for all showings. Tenant occupied in both units. Call or text either Steve Tegler @402-430-1461 or John Janovy @ 402-890-5381 for all showings and additional questions. Prefer daytime showings if possible. Both units are under-rented. Lockbox is attached to metal pillar at 3870 and holds keys to both units. Please send offers to both Steve Tegler and John Janovy via email: tegler.kw@gmail.com AND john.janovy@kw.com
  • Attribution Contact: M: 402-890-5381
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Fencing: Chain Link, Wood, Privacy
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 5

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Randolph
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Lefler

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre

Multi Family

  • Insurance Expense: 1500
  • Maintenance Expense: 500
  • Number Of Units Total: 2
  • Property Net Operating Income: 20800
  • Total Actual Rent: 2125

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Aug 7, 2019
Sold by
Bkmk Llc
Bought by
Jacobson Jens Garret
Seller's Agent
John Janovy II
Woods Bros Realty
Buyer's Agent
Paula Randall
Woods Bros Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Current Estimated Value
$374,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,557
Avg. Annual Appreciation
5.10%
Original Mortgage
$256,500
Outstanding Balance
$224,159
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$150,398

Purchase Details

Listed on
Jan 1, 1900
Closed on
May 27, 2014
Sold by
Watts Dennis E and Watts Mary J
Bought by
Bkmk Llc
Seller's Agent
Gary Geiser
HOME Real Estate
Buyer's Agent
Gary Geiser
HOME Real Estate
List Price
$239,750
Sold Price
$239,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Hand Emily Anne and Hand Troy
Bought by
Watts Dennis E and Watts Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 23, 2010
Sold by
Robinson Sara E
Bought by
Watts Dennis E and Watts Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 17, 2010
Sold by
Hand Emily Anne and Hand Troy
Bought by
Watts Dennis E and Watts Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 23, 2004
Sold by
Fisher Jon W
Bought by
Robinson Emily Anne and Braesch Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,250
Interest Rate
6.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobson Jens Garret $270,000 Nebraska Title Company
Bkmk Llc $240,000 Nebraska Land Title & Abstra
Watts Dennis E $184,000 Ct
Watts Dennis E -- Ct
Watts Dennis E -- Ct
Robinson Emily Anne $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Jens Garret $256,500
Previous Owner Watts Dennis E $147,200
Previous Owner Robinson Emily Anne $129,250
Closed Robinson Emily Anne $46,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $270,000 -6.9% $114 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $289,999 -3.3% $123 / Sq Ft
05/08/2019 05/08/19 For Sale $300,000 +25.1% $127 / Sq Ft
05/30/2014 05/30/14 Sold $239,750 0.0% $110 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $239,750 -- $110 / Sq Ft
Source: Great Plains Regional MLS

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 $5,239 $364,700 $45,000 $319,700
2024 $5,239 $373,200 $45,000 $328,200
2023 $5,739 $342,400 $45,000 $297,400
2022 $5,740 $288,000 $35,000 $253,000
2021 $5,430 $288,000 $35,000 $253,000
2020 $5,058 $264,700 $35,000 $229,700
2019 $5,118 $267,800 $35,000 $232,800
2018 $5,140 $267,800 $35,000 $232,800
2017 $4,516 $233,100 $35,000 $198,100
2016 $4,539 $233,100 $35,000 $198,100
2015 $4,508 $233,100 $35,000 $198,100
2014 -- $177,000 $35,000 $142,000
2013 -- $177,000 $35,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21908570

Great Plains Regional MLS

APN: 17-30-215-008-000

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