$41,000
SOLD MAY 1, 2018

5051 W Gary Gately St Lincoln, NE 68528

Oak Hills Neighborhood
0.25 Acre
$164,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

244 Days on Market

About This Lot

As of April 2019

One of Lincoln's newest Subdivisions offering West Lincoln a great selection of walk-out, daylight and flat lots. A Subdivision that offers very affordable lot prices. Good access to I-80 and Downtown Lincoln. The promotional lot prices will not last long, so look into Village West Development and get your pick of a great lot to build on.

Last Agent to Sell the Property

Larry Melichar

HOME Real Estate License #0800147 Listed on: 09/12/2017

HOME Real Estate

Co-Listed By

Todd Lorenz

HOME Real Estate License #20140257

HOME Real Estate

Last Buyer's Agent

Todd Lorenz

HOME Real Estate License #20140257

HOME Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,718

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 120
  • Property is zoned R-3

Schools

  • Arnold Elementary School
  • Schoo Middle School
  • Lincoln North Star High School

Community Details

  • No Home Owners Association
  • To Be Established Association

Listing and Financial Details

  • Assessor Parcel Number 1118339006000

Property Details

Property Type

Land

Est. Annual Taxes

$4,718

Lot Details

0

Listing Details

  • Parcel Number: 1118339006000
  • Property Sub Type: Unimproved Land
  • Topography: Varied
  • Zoning: R-3
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: 90 x 120
  • Co List Office Mls Id: LHOME01
  • Directions: West O Street to N.W. 48th Street - Then North a short distance and it's on the West side of N.W. 48th Street.
  • Habitable Residence: No
  • Special Features: None

Exterior Features

  • Road Surface Type: Concrete

Utilities

  • Electric: Public
  • Electricity On Property: No
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: To Be Established
  • Association: No

Schools

  • High School: Lincoln North Star
  • Elementary School: Arnold
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Schoo

Lot Info

  • Lot Features: Under 1/4 Acre
  • Land Lease: No
  • Lot Size Sq Ft: 10797
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Apr 24, 2019
Sold by
Stonybrook Homes Inc
Bought by
Mahagoub Sief and Mahagoub Kori
Seller's Agent
Gary Goranson
Lincoln First Realty
Buyer's Agent
Gary Goranson
Lincoln First Realty
List Price
$235,950
Sold Price
$262,132
Premium/Discount to List
$26,182
11.1%
Total Days on Market
244
Current Estimated Value
$351,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,543
Avg. Annual Appreciation
4.73%
Original Mortgage
$257,400
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Sep 12, 2017
Closed on
Apr 25, 2018
Sold by
Ringneck Development Llc
Bought by
Stonybrook Homes Inc
Seller's Agent
Larry Melichar
HOME Real Estate
Buyer's Agent
Todd Lorenz
HOME Real Estate
List Price
$41,000
Sold Price
$41,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
539.35%
Original Mortgage
$176,960
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $263,000 Charter T&E Svcs Inc
Warranty Deed $41,000 Charter Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,200 VA
Closed $257,400 VA
Previous Owner $176,960 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $262,132 +11.1% $212 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $235,950 +475.5% $191 / Sq Ft
05/01/2018 05/01/18 Sold $41,000 0.0% --
04/02/2018 04/02/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $41,000 -- --
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 $4,718 $281,500 $45,000 $236,500
2023 $4,718 $281,500 $45,000 $236,500
2022 $5,064 $254,100 $30,000 $224,100
2021 $5,115 $254,100 $30,000 $224,100
2020 $4,530 $236,800 $30,000 $206,800
2019 $4,460 $233,400 $30,000 $203,400
2018 $576 $30,000 $30,000 $0
2017 $60 $3,100 $3,100 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gary Goranson

    Lincoln First Realty

  • B

    Seller Co-Listing Agent in 2019

    Brent Kasl

    Lincoln First Realty

    Section Image
  • Larry Melichar

    Seller's Agent in 2018

    Larry Melichar

    HOME Real Estate

    (402) 616-0003

    79 in this area

    84 Total Sales

    Larry Melichar
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Todd Lorenz

    HOME Real Estate

    (402) 436-4663

    78 in this area

    324 Total Sales

    Todd Lorenz
    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10140749

Great Plains Regional MLS

APN: 11-18-339-006-000

Nebraska Lancaster County Lincoln 68528 Oak Hills

5051 W Gary Gately St, Lincoln, NE

This home is located at 5051 W Gary Gately St, Lincoln, NE 68528 and is currently priced at $41,000. 5051 W Gary Gately St is a home located in Lancaster County with nearby schools including Arnold Elementary School, Schoo Middle School, and North Star High School.

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