NOT LISTED FOR SALE

5141 Grassridge Rd Lincoln, NE 68512

Estimated Value: $236,000 - $252,000

3 Beds
1 Bath
1,872 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $235,000 $126 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,576/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Scott Middle School Rated A
  • 1 Car Attached Garage
  • Wood Burning Fireplace

About This Home

As of March 2022

Come see this beautifully renovated home featuring brand new flooring, paint, cabinets, light fixtures/ceiling lights and more. This 1 story ranch has all 3 bedrooms on the main level with 936 square feet of space and a single car garage attached. There is also 936 square feet in the fully finished basement which also has another full bathroom, office, and a large family/recreation room with a wood burning fireplace. Fresh coat of paint on the interior as well as exterior. Located in south Lincoln within proximity to major highways and retail areas.

Last Agent to Sell the Property

Troy Schmidt

EXIT Realty Professionals License #20160297 Listed on: 02/19/2022

EXIT Realty Professionals

Last Buyer's Agent

Michael Olderbak

Bell Rae Realty License #20170171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 1973

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 55 x 110
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Southwood Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0912206027000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,664

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 0912206027000
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 55 x 110
  • Ownership: Fee Simple
  • Subdivision Name: Southwood Hills
  • Directions: From Highway 2, Southwood Blvd to Grassridge Rd. From S 27th St, Tipperary Tr to Essex St to Grassridge Rd
  • Above Grade Finished Sq Ft: 936
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 936
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1872
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Office Area: 120
  • Room Kitchen Area: 110
  • Room Office Level: Below Grade
  • Room Bedroom2 Area: 90
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Dining Room Area: 88
  • Room Living Room Area: 180
  • Dining Room Dining Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 121
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Features: None
  • Fencing: Chain Link
  • Home Warranty: No
  • Property Condition: Not New and NOT a Model

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 6050
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2664

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 18, 2022
Sold by
Gmts Investments Llc
Bought by
Bandt Dustin and Bandt Ashley
Seller's Agent
Troy Schmidt
EXIT Realty Professionals
Buyer's Agent
Michael Olderbak
Bell Rae Realty
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Current Estimated Value
$246,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,227
Avg. Annual Appreciation
1.12%
Original Mortgage
$240,405
Outstanding Balance
$225,763
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$18,383

Purchase Details

Closed on
Dec 30, 2003
Sold by
Clark James D and Clark Zoia Z
Bought by
Schmidt Gary L and Schmidt Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5.84%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bandt Dustin $235,000 Union Title
Schmidt Gary L $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandt Dustin $240,405
Previous Owner Gmts Investments Llc $128,000
Previous Owner Schmidt Gary L $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $235,000 +4.4% $126 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $225,000 -- $120 / 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 $2,824 $204,300 $40,000 $164,300
2023 $3,424 $204,300 $40,000 $164,300
2022 $2,816 $141,300 $35,000 $106,300
2021 $2,664 $141,300 $35,000 $106,300
2020 $2,067 $108,200 $35,000 $73,200
2019 $2,068 $108,200 $35,000 $73,200
2018 $1,966 $102,400 $35,000 $67,400
2017 $1,984 $102,400 $35,000 $67,400
2016 $2,097 $107,700 $30,000 $77,700
2015 $2,083 $107,700 $30,000 $77,700
2014 $1,994 $102,500 $30,000 $72,500
2013 -- $102,500 $30,000 $72,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Troy Schmidt

    EXIT Realty Professionals

    (402) 875-2680

    11 Total Sales

    Troy Schmidt
    Section Image
  • Michael Olderbak

    Buyer's Agent in 2022

    Michael Olderbak

    Bell Rae Realty

    (402) 430-7686

    46 Total Sales

    Michael Olderbak
    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: 22203268

Great Plains Regional MLS

APN: 09-12-206-027-000

Nebraska Lancaster County Lincoln 68512

5141 Grassridge Rd, Lincoln, NE

This home is located at 5141 Grassridge Rd, Lincoln, NE 68512 since 19 February 2022 and is currently estimated at $246,227, approximately $131 per square foot. This property was built in 1973. 5141 Grassridge Rd is a home located in Lancaster County with nearby schools including Hill Elementary School, Scott Middle School, and Southwest 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.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025, Great Plains Regional MLS LLC

Nearby Homes