NOT LISTED FOR SALE

4225 South St Lincoln, NE 68506

Greater South Neighborhood

Estimated Value: $306,000 - $459,000

6 Beds
4 Baths
2,482 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $215,000 $87 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,493/month

14 Days on Market

Highlights

  • No HOA
  • Lincoln Southeast High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2012

Newer (2009) duplex on very large lot (.69 acres). Each unit has 3 bedrooms, 2 bathrooms, nice kitchen appliances (refrig. dishwasher, range/oven, microwave, disposal), open floor plan, wide door ways, fenced yard, and two car garage with additional storage above the garage. There is also lots of green space around the property. Exterior is maintenance free vinyl siding. Perfect for owner occupied or investors.

Last Agent to Sell the Property

Janet Stenberg

HOME Real Estate License #19990224 Listed on: 07/10/2012

Last Buyer's Agent

Mary Waite

NP Dodge RE Sales Inc Lincoln License #0920471

NP Dodge RE Sales Inc Lincoln

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 2009

Lot Details

  • 0.69

Parking

  • 4 Car Garage

Home Design

  • 2,482 Sq Ft Home
  • Slab Foundation
  • Wood Shingle Roof
  • Vinyl Siding

Schools

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

Additional Features

  • 4 Full Bathrooms
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2,482 Sq Ft Building

Listing and Financial Details

  • Total Actual Rent $1,950
  • Assessor Parcel Number 1732339002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,490

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Parcel Number: 1732339002000
  • Property Sub Type: Multi Family
  • Year Built: 2009
  • Prop. Type: Residential Income
  • Lot Size: Irr
  • Directions: 4225 is on the south side of the street. Duplex is not visible from the street.
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 2482

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Wood Shingle

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln Southeast
  • Elementary School: Holmes
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Lefler

Lot Info

  • Lot Features: Over 5 up to 10 Acres

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1950

Tax Info

  • Tax Annual Amount: 4490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2012
Sold by
Reese Charles M and Reese Catherine Marie
Bought by
Papa Properties Llc
Current Estimated Value
$395,943

Purchase Details

Listed on
Jul 10, 2012
Closed on
Sep 5, 2012
Sold by
Lincoln Federal Savings Bank Of Nebraska
Bought by
Reese Cathy Marie
Seller's Agent
Janet Stenberg
HOME Real Estate
Buyer's Agent
Mary Waite
NP Dodge RE Sales Inc Lincoln
List Price
$219,950
Sold Price
$215,000
Premium/Discount to List
-$4,950
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$161,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2012
Closed on
Aug 14, 2012
Sold by
Lincoln Federal Savings Bank Of Nebraska
Bought by
Wendell Ray Investments Llc
Seller's Agent
Janet Stenberg
HOME Real Estate
Buyer's Agent
Mary Waite
NP Dodge RE Sales Inc Lincoln
List Price
$219,950
Sold Price
$215,000
Premium/Discount to List
-$4,950
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Wendell Ray Investments Llc
Bought by
Lincoln Federal Savings Bank Of Nebraska

Purchase Details

Closed on
Feb 16, 2007
Sold by
Fortney Martin R and Fortney Michelle J
Bought by
Wendell Ray Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2004
Sold by
Sasek Alan J and Sasek Lisa R
Bought by
Fortney Martin R and Fortney Michelle J
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
Papa Properties Llc -- None Available
Reese Cathy Marie $215,000 Lincoln Title
Wendell Ray Investments Llc -- None Available
Lincoln Federal Savings Bank Of Nebraska -- None Available
Wendell Ray Investments Llc -- Nt
Fortney Martin R $58,000 Lts Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reese Cathy Marie $161,250
Previous Owner Wendell Ray Investments Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2012 09/06/12 Sold $215,000 -2.3% $87 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $219,950 -- $89 / 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
2025 $4,867 $400,800 $63,000 $337,800
2024 $4,867 $346,700 $63,000 $283,700
2023 $5,331 $318,100 $63,000 $255,100
2022 $6,140 $308,100 $49,000 $259,100
2021 $5,809 $308,100 $49,000 $259,100
2020 $4,360 $228,200 $49,000 $179,200
2019 $4,219 $220,800 $49,000 $171,800
2018 $4,238 $220,800 $49,000 $171,800
2017 $3,386 $174,800 $49,000 $125,800
2016 $3,404 $174,800 $49,000 $125,800
2015 $3,380 $174,800 $49,000 $125,800
2014 $3,246 $166,900 $49,000 $117,900
2013 -- $202,800 $49,000 $153,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Janet Stenberg

    HOME Real Estate

  • Mary Waite

    Buyer's Agent in 2012

    Mary Waite

    NP Dodge RE Sales Inc Lincoln

    (402) 430-7494

    3 in this area

    108 Total Sales

    Mary Waite
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Map

Source: Great Plains Regional MLS

MLS Number: L10099280

Great Plains Regional MLS

APN: 17-32-339-002-000

Nebraska Lancaster County Lincoln 68506 Greater South

4225 South St, Lincoln, NE

Not Listed for Sale

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