$198,000
SOLD AUG 12, 2025

509 NW 16th St Unit 5 Lincoln, NE 68528

2 Beds
2 Baths
1,504 Sq Ft
$200/mo HOA Fee

Recently Sold

$132 Per Sq Ft

6% Below List Price

77 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of August 2025

Contract Pending Excellent Location and Updating in this Attractive 2-Story Condo near Capital Beach Lake! This 2-Bed, 2-Bath home has had many recent improvements and updates such as luxury vinyl flooring, refinished natural wood floors, new carpet on the stairs, new wall, trim, and ceiling paint throughout the home and garage, new bathroom vanity sets, toilets, and showers. The home features a first floor with a kitchen updated with painted cabinets, new sink and countertops, and stainless steel appliances. The kitchen opens to the dining area, living room with brick fireplace and sliding glass door access to the exterior patio, and bathroom. The upstairs has two bedrooms and a full bathroom. This home also has a laundry area. Exterior features include 3 year old roof, 1-stall attached garage, and cement patio. HOA at $200/mo covers lawn care, sprinklers and exterior water, snow removal, and trash. Call today to schedule a showing!

Last Agent to Sell the Property

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 04/19/2025

Keller Williams Lincoln

Last Buyer's Agent

Jayme Welander

Nebraska Realty License #20191062

Nebraska Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1976

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 21 x 45

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lakeview Elementary School
  • Park Middle School
  • Lincoln High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include ground maintenance, snow removal, trash
  • Capital Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1021434001005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,918

Year Built

Built in 1976

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Parcel Number: 1021434001005
  • Property Sub Type: Townhouse
  • Year Built: 1976
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 21 x 45
  • Ownership: Condominium
  • Subdivision Name: Capital Beach
  • Directions: Consult GPS
  • Above Grade Finished Sq Ft: 1504
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Attribution Contact: M: 402-770-5021
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1504
  • Main Level Bathrooms: 1
  • Bedroom 1 Level: 2nd Floor
  • Master Bedroom Master Bedroom Level: 2nd Floor

Exterior Features

  • Foundation Details: Slab
  • Fencing: None
  • Patio And Porch Features: Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Schools

  • High School: Lincoln High
  • Elementary School: Lakeview
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Park

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: Up to 1/4 Acre.

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1918.32

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Vantage Retirement Plans Llc
Bought by
Osi Brothers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Loos Cynthia L
Bought by
Henggeler Kimberlee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $110,000 Homeservices Title
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,875,000 Credit Line Revolving
Closed $88,000 Future Advance Clause Open End Mortgage
Previous Owner $64,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $198,000 -1.0% $132 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
05/09/2025 05/09/25 Price Changed $200,000 -4.8% $133 / Sq Ft
04/19/2025 04/19/25 For Sale $210,000 -- $140 / 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 $1,918 $138,800 $25,000 $113,800
2023 $2,326 $138,800 $25,000 $113,800
2022 $2,101 $105,400 $25,000 $80,400
2021 $2,449 $129,900 $25,000 $104,900
2020 $1,867 $97,700 $25,000 $72,700
2019 $1,867 $97,700 $25,000 $72,700
2018 $1,785 $93,000 $20,000 $73,000
2017 $1,802 $93,000 $20,000 $73,000
2016 $1,499 $77,000 $20,000 $57,000
2015 $1,489 $77,000 $20,000 $57,000
2014 $1,570 $80,700 $20,000 $60,700
2013 -- $80,700 $20,000 $60,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22510354

Great Plains Regional MLS

APN: 10-21-434-001-005