NOT LISTED FOR SALE

Estimated Value: $702,836

13 Beds
7 Baths
6,508 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2021

Last sale price $535,000 $82 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,413 / mo

5 Days on Market

Highlights

  • 7 Fireplaces
  • 5 Car Detached Garage
  • Laundry Facilities
  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2021

A great investment opportunity on this 7-plex with 5 detached garages+3 parking places. Located close to Weslyan Campus and UNL East Campus. These large units are very well maintained. This multi-plex has (1) 3 bedroom unit, (4) 2 bedroom units and (2) 1 bedroom units all featuring fireplaces. This property also feature many updates to include - outside stairs, all furnaces and A/C units, vinyl windows, and (2) water heaters. Don't let this great opportunity pass you by - make an appointment today.

Last Agent to Sell the Property

Harry Malone

Nebraska Realty Brokerage Phone: 402-770-0101 License #20030925 Listed on: 02/23/2021

Nebraska Realty

Last Buyer's Agent

Randy Ralston

Nebraska Realty License #20201371

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,656

Year Built

  • Built in 1979

Lot Details

  • 10,725 Sq Ft Lot
  • Lot Dimensions are 75 x 143
  • Level Lot

Parking

  • 5 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7 Fireplaces

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Schools

  • Riley Elementary School
  • Mickle Middle School
  • Lincoln Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $4,530
  • Rent includes type 1(water garage), type 2(water garage), type 3(water garage), type 4(water garage), type 5(water garage), type 6(water garage), type 7(water garage)
  • Assessor Parcel Number 1717233010000
  • Tax Block 107

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • University Place Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,656

Year Built

Built in 1979

Lot Details

10,725 Sq Ft Lot

Parking

5

Listing Details

  • Parcel Number: 1717233010000
  • Property Sub Type: Multi Family
  • Year Built: 1979
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2462
  • Lot Size: 75 x 143
  • Ownership: Fee Simple
  • Subdivision Name: UNIVERSITY PLACE
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Call LA for showing instructions
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE2COOLING_82: Central Air
  • BK9_LFD_TYPE3COOLING_89: Central Air
  • BK9_LFD_TYPE4COOLING_96: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE2HEATFUEL_81: Gas
  • BK9_LFD_TYPE3HEATFUEL_88: Gas
  • BK9_LFD_TYPE4HEATFUEL_95: Electric
  • BK9_LFD_TYPE5COOLING_203: Central Air
  • BK9_LFD_TYPE6COOLING_204: Central Air
  • BK9_LFD_TYPE7COOLING_205: Central Air
  • BK9_LFD_TYPE5HEATFUEL_197: Gas
  • BK9_LFD_TYPE6HEATFUEL_198: Gas
  • BK9_LFD_TYPE7HEATFUEL_199: Gas
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE2APPLIANCES_78: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE3APPLIANCES_85: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE4APPLIANCES_92: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE5APPLIANCES_179: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE6APPLIANCES_180: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • BK9_LFD_TYPE7APPLIANCES_181: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • Attribution Contact: M: 402-770-0101
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 13
  • Fireplaces: 7
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Garage Spaces: 5
  • Attached Garage: No
  • Covered Parking Spaces: 5
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Facilities
  • Cooling Y N: Yes
  • Heating: Gas, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Water,Garage), Type 2(Water,Garage), Type 3(Water,Garage), Type 4(Water,Garage), Type 5(Water,Garage), Type 6(Water,Garage), Type 7(Water,Garage)
  • Association: No

Schools

  • High School: Lincoln Northeast
  • Elementary School: Riley
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Mickle

Lot Info

  • Lot Features: Up to 1/4 Acre., Level
  • Lot Size Sq Ft: 10725
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5655.9
  • Tax Block: 107

Multi Family

  • Number Of Units Total: 7
  • Total Actual Rent: 4530

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 31, 2021
Sold by
Bought by
Seller's Agent
Harry Malone
Nebraska Realty
Buyer's Agent
Randy Ralston
Nebraska Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$702,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,836
Avg. Annual Appreciation
5.27%
Original Mortgage
$401,250
Outstanding Balance
$352,958
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$349,878

Purchase Details

Listed on
Jan 1, 1900
Closed on
Aug 18, 2017
Sold by
Bought by
Seller's Agent
Harry Malone
Nebraska Realty
Buyer's Agent
Harry Malone
Nebraska Realty
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$400,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 Investors Title Insurance Co
$295,000 Ambassador Title Services
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $401,250
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $535,000 +1.9% $82 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $525,000 +78.0% $81 / Sq Ft
08/31/2017 08/31/17 Sold $295,000 0.0% $45 / Sq Ft View Prior Sale
07/09/2017 07/09/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $295,000 -- $45 / Sq Ft
Source: Great Plains Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,143 $555,900 $60,400 $495,500
2024 $7,399 $530,800 $52,500 $478,300
2023 $8,496 $506,900 $52,500 $454,400
2022 $8,913 $447,200 $52,500 $394,700
2021 $7,440 $394,600 $52,500 $342,100
2020 $5,656 $296,000 $52,500 $243,500
2019 $5,656 $296,000 $52,500 $243,500
2018 $5,682 $296,000 $52,500 $243,500
2017 $5,379 $277,700 $52,500 $225,200
2016 $5,407 $277,700 $52,500 $225,200
2015 $5,370 $277,700 $52,500 $225,200
2014 $4,897 $251,800 $60,400 $191,400
2013 -- $251,800 $60,400 $191,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22102739

Great Plains Regional MLS

APN: 17-17-233-010-000

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