NOT LISTED FOR SALE

5012 Southwood Cir Lincoln, NE 68512

Estimated Value: $179,000 - $191,934

2 Beds
1.5 Baths
1,374 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $173,000 $126 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,231/month

5 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Patio
  • Scott Middle School Rated A
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

$175,000 in South Lincoln. Don’t miss this opportunity to make this two story townhouse with two bedrooms, updated kitchen, two updated bath areas with a finished walkout basement and fenced yard your own. HOA fees are $50/month. This property would be great for a primary residence or an investment property. The current lease runs through Dec 31, 2023

Last Agent to Sell the Property

Derek Hilgert

RE/MAX Concepts Brokerage Phone: 402-499-5394 License #20050349 Listed on: 11/10/2023

RE/MAX Concepts

Last Buyer's Agent

Elizabeth Scholz

Nebraska Realty License #0900485

Nebraska Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1974

Lot Details

  • 1,734 Sq Ft Lot
  • Lot Dimensions are 14 x 118 x 15 x 130
  • Chain Link Fence

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Hill Elementary School
  • Scott Middle School
  • Lincoln Southwest High School

Utilities

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

Community Details

  • Southwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0912207026000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,044

Year Built

Built in 1974

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Parcel Number: 0912207026000
  • Property Sub Type: Townhouse
  • Year Built: 1974
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: 14 x 118 x 15 x 130
  • Ownership: Fee Simple
  • Subdivision Name: Southwood
  • Directions: Heading west on Nebraska Pkwy turn left on Southwood Dr. Southwood Dr turns into Southwood Circle. The property is on your left.
  • Above Grade Finished Sq Ft: 1024
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Attribution Contact: M: 402-499-5394
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 350
  • Fireplace: No
  • Living Area: 1374
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 96
  • Bedroom 1 Level: 2nd Floor
  • Room Dining Room Area: 91
  • Room Family Room Area: 228
  • Room Living Room Area: 180
  • Dining Room Dining Room Level: Main Floor
  • Room Family Room Level: Below Grade
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 182
  • Master Bedroom Master Bedroom Level: 2nd Floor
  • Master Bedroom Master Bedroom Width: 13

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: Chain Link
  • Home Warranty: No
  • Patio And Porch Features: Porch, Patio, Deck
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

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 Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: Lincoln Southwest
  • Elementary School: Hill
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Scott

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 1734
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2044

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 29, 2023
Sold by
Ogara Robert Michael
Bought by
Union Bank And Trust Company
Seller's Agent
Derek Hilgert
RE/MAX Concepts
Buyer's Agent
Elizabeth Scholz
Nebraska Realty
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%
Views
47
Current Estimated Value
$183,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,484
Avg. Annual Appreciation
1.06%
Original Mortgage
$169,866
Outstanding Balance
$167,702
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$8,233
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
Union Bank And Trust Company $173,000 Nebraska Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Union Bank And Trust Company $169,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $173,000 -1.1% $126 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $175,000 -- $127 / 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 $2,118 $151,800 $28,500 $123,300
2023 $2,415 $144,100 $28,500 $115,600
2022 $2,164 $108,600 $25,000 $83,600
2021 $2,048 $108,600 $25,000 $83,600
2020 $1,869 $97,800 $25,000 $72,800
2019 $1,869 $97,800 $25,000 $72,800
2018 $1,653 $86,100 $20,000 $66,100
2017 $1,668 $86,100 $20,000 $66,100
2016 $1,250 $64,200 $20,000 $44,200
2015 $1,242 $64,200 $20,000 $44,200
2014 $1,552 $79,800 $23,000 $56,800
2013 -- $79,800 $23,000 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22326476

Great Plains Regional MLS

APN: 09-12-207-026-000