NOT LISTED FOR SALE

4620 Stockwell St Lincoln, NE 68506

College View Neighborhood

Estimated Value: $572,912

-- Bed
-- Bath
-- Sq Ft
7,000 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $550,000

Est. 4% increase in value since last sale

Current estimated payment $3,535/month

21 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Henry Park
  • Pound Middle School Rated A-

About This Home

As of June 2024

Here is a great investment opportunity in the College View neighborhood. Close to Calvert Elementary school and Union College. Close to the College View Shops and the 48th and Van Dorn Plaza. This 6-unit building is fully rented with great tenants and well maintained. Two sets of coin laundry machines and off-street parking make it attractive to prospective tenants. There are 4 two-bedroom one bath units and 2 one bedroom one bath units. See the attached financials and corrected CAP rate calculation. 1031 exchange desired by seller at no cost or burden to a buyer.

Last Agent to Sell the Property

Lynn Fisher

Great Place Properties License #20110100 Listed on: 04/17/2024

Co-Listed By

Cara Stessan

Great Place Properties License #20210311

Last Buyer's Agent

Kurt Gall

SimpliCity Real Estate License #20140182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,783

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 140 x 50

Home Design

  • Block Foundation

Parking

  • 6 Parking Spaces
  • No Garage

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 6 Units
  • College View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1605304009000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,783

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Parcel Number: 1605304009000
  • Property Sub Type: Multi Family
  • Year Built: 1965
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1607
  • Lot Size: 140 x 50
  • Co List Office Mls Id: LGRPL01
  • Ownership: Fee Simple
  • Subdivision Name: College View
  • Directions: Between 46th and 47th on Stockwell. North side.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln Southeast
  • Elementary School: Calvert
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Pound

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6782.76

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 31, 2024
Sold by
Sk Management Llc
Bought by
Stanton Rentals Llc
Seller's Agent
Lynn Fisher
Great Place Properties
Buyer's Agent
Kurt Gall
SimpliCity Real Estate
List Price
$549,990
Sold Price
$550,000
Premium/Discount to List
$10
0.002%
Views
92
Current Estimated Value
$572,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,912
Avg. Annual Appreciation
3.52%
Original Mortgage
$440,000
Outstanding Balance
$434,972
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$137,940

Purchase Details

Closed on
Jul 11, 2013
Sold by
Herms Ronald E
Bought by
Herms Rebecca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
Hagelgantz Mark Kevin
Bought by
Herms Ronald E and Herms Rebecca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,100
Interest Rate
6.69%
Mortgage Type
Commercial
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
Stanton Rentals Llc $550,000 Stewart Title
Herms Rebecca R -- None Available
Herms Ronald E $224,000 Itic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Rentals Llc $440,000
Previous Owner Herms Rebecca R $125,000
Previous Owner Herms Ronald E $545,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $550,000 +4.0% --
05/09/2024 05/09/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $529,000 -3.8% --
04/17/2024 04/17/24 For Sale $549,990 -- --
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 $5,927 $425,000 $45,000 $380,000
2023 $6,783 $404,700 $45,000 $359,700
2022 $7,003 $351,400 $45,000 $306,400
2021 $5,521 $292,800 $45,000 $247,800
2020 $4,187 $219,100 $45,000 $174,100
2019 $4,187 $219,100 $45,000 $174,100
2018 $4,206 $219,100 $45,000 $174,100
2017 $4,140 $213,700 $45,000 $168,700
2016 $4,161 $213,700 $45,000 $168,700
2015 $4,133 $213,700 $45,000 $168,700
2014 $3,960 $203,600 $32,400 $171,200
2013 -- $203,600 $32,400 $171,200
Source: Public Records

Agents Affiliated with this Home

  • Lynn Fisher

    Seller's Agent in 2024

    Lynn Fisher

    Great Place Properties

    (402) 704-3363

    3 in this area

    34 Total Sales

    Lynn Fisher
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Cara Stessan

    Great Place Properties

    (402) 466-5252

    2 in this area

    16 Total Sales

    Cara Stessan
    Section Image
  • Kurt Gall

    Buyer's Agent in 2024

    Kurt Gall

    SimpliCity Real Estate

    (402) 413-8119

    2 in this area

    105 Total Sales

    Kurt Gall
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 22409089

Great Plains Regional MLS

APN: 16-05-304-009-000

Nebraska Lancaster County Lincoln 68506 College View

4620 Stockwell St, Lincoln, NE

This home is located at 4620 Stockwell St, Lincoln, NE 68506 since 17 April 2024 and is currently estimated at $572,912. This property was built in 1965. 4620 Stockwell St is a home located in Lancaster County with nearby schools including Calvert Elementary School, Pound Middle School, and Lincoln Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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