NOT LISTED FOR SALE

5503 S 31st St Lincoln, NE 68516

Estimated Value: $110,000 - $117,000

2 Beds
1 Bath
804 Sq Ft
$100/mo HOA Fee

Last Sold August 01, 2018

Last sale price $62,900 $78 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $832/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Rousseau Elementary School Rated A

About This Home

As of August 2018

The only condo in South Lincoln priced under $100,000 as of the listing date. Many recent updates include: new front screen door, two interior doors, several light fixtures and ceiling fan, vinyl bath floor, wood entry -kitchen- laundry floors, convection range and vent hood, water heater, all interior paint, and the carpet was just professionally cleaned. Located in south Neighborhood Close to shopping. Hookups in kitchen for garbage disposal. Garden level unit.

Last Agent to Sell the Property

Charles Brown

CENTURY 21 Home & Farm-Seward License #910040 Listed on: 07/16/2018

CENTURY 21 Home & Farm-Seward

Last Buyer's Agent

John Crumrine

Nebraska Realty License #20130166

Nebraska Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1981

Lot Details

  • 7,187

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 804 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Rousseau Elementary School
  • Irving Middle School
  • Lincoln Southwest High School

Utilities

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

Community Details

  • Briarwood Condominium Association

Listing and Financial Details

  • Assessor Parcel Number 1607306065004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,160

Year Built

Built in 1981

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Parcel Number: 1607306065004
  • Property Sub Type: Condominium
  • Year Built: 1981
  • Prop. Type: Residential
  • Lot Size: 0
  • Directions: Take Old Cheney to south 31st St., then north about two blocks. Property is the second unit on the north side. Unit is the bottom level on the east end.
  • Above Grade Finished Sq Ft: 804
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 804
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Other
  • Room Kitchen Area: 110
  • Bedroom 1 Level: Main Floor
  • Room Living Room Area: 180
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 132
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11

Exterior Features

  • Home Warranty: No
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: Briarwood Condominium Association
  • Association: Yes

Schools

  • High School: Lincoln Southwest
  • Elementary School: Rousseau
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Irving

Lot Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1160.36

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Cr4 Properties Llc
Bought by
Grid Holdings Llc
Current Estimated Value
$114,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$72,993
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$41,125

Purchase Details

Listed on
Jul 16, 2018
Closed on
Jul 27, 2018
Sold by
Greene Cynthia M and Greene Frank D
Bought by
Cr4 Properties Llc
Seller's Agent
Charles Brown
CENTURY 21 Home & Farm-Seward
Buyer's Agent
John Crumrine
Nebraska Realty
List Price
$62,900
Sold Price
$62,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$62,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Grid Holdings Llc $100,000 Consumer Title & Escrow
Cr4 Properties Llc $63,000 Nebraska Land Title & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grid Holdings Llc $75,000
Previous Owner Cr4 Properties Llc $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $62,900 0.0% $78 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $62,900 -- $78 / 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 $1,325 $94,600 $28,000 $66,600
2023 $1,473 $87,900 $28,000 $59,900
2022 $1,455 $73,000 $25,000 $48,000
2021 $1,376 $73,000 $25,000 $48,000
2020 $1,229 $64,300 $20,000 $44,300
2019 $1,229 $64,300 $20,000 $44,300
2018 $1,150 $59,900 $20,000 $39,900
2017 $1,160 $59,900 $20,000 $39,900
2016 $1,003 $51,500 $12,000 $39,500
2015 $996 $51,500 $12,000 $39,500
2014 $1,009 $51,900 $12,000 $39,900
2013 -- $51,900 $12,000 $39,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Charles Brown

    CENTURY 21 Home & Farm-Seward

    Section Image
  • John Crumrine

    Buyer's Agent in 2018

    John Crumrine

    Nebraska Realty

    (402) 499-5079

    243 Total Sales

    John Crumrine
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: L10148025

Great Plains Regional MLS

APN: 16-07-306-065-004

Nebraska Lancaster County Lincoln 68516

5503 S 31st St, Lincoln, NE

This home is located at 5503 S 31st St, Lincoln, NE 68516 since 16 July 2018 and is currently estimated at $114,118, approximately $141 per square foot. This property was built in 1981. 5503 S 31st St is a home located in Lancaster County with nearby schools including Rousseau Elementary School, Irving Middle School, and Southwest High School.

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