NOT LISTED FOR SALE

5519 S 31st St Unit 2 Lincoln, NE 68516

Estimated Value: $108,000 - $147,000

2 Beds
1 Bath
660 Sq Ft
$75/mo HOA Fee

Last Sold July 19, 2012

Last sale price $30,000 $45 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $830/month

77 Days on Market

Highlights

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

About This Home

As of July 2012

Short Sale. Selling property 'as is'. Two bedroom, 1 bath condominium in south Lincoln's Briarwood Condominium Assn Complex. Perfect for Investor or 1st time 'Conventional Loan' buyer. No warranties or guarantees. New air conditioning unit - 1997. New water heater - 1994. Unit located on convenient lower level. Backs to Hiker/Biker Trail.

Last Agent to Sell the Property

Larry Millhouse

Woods Bros Realty License #20080025 Listed on: 03/13/2012

Last Buyer's Agent

Ruslan Babahanov

Woods Bros Realty License #20120024

Woods Bros Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Sprinkler System

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • 660 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Composition Roof

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

Additional Features

  • Basement

Community Details

  • Briarwood Condominium Association

Listing and Financial Details

  • Assessor Parcel Number 1607306062002

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Parcel Number: 1607306062002
  • Property Sub Type: Condominium
  • Year Built: 1981
  • Prop. Type: Residential
  • Lot Size: 0 x 0
  • Directions: 31st St From 31st & Old Cheney Road, go north on 31st about 3 blocks to Briarwood Condos to the west. Go west through parking lot to Building 5519 on far west end. Unit #2 on lower level.
  • Above Grade Finished Sq Ft: 660
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 660
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 66
  • Bedroom 1 Level: Main Floor
  • Room Living Room Area: 168
  • 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

  • Foundation Details: Slab
  • Exterior Features: Sprinkler System
  • 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: 900
  • Association Fee Frequency: Annually
  • Association Name: Briarwood Condominium Association
  • Association: Yes
  • Pets Allowed: 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: 2011
  • Tax Annual Amount: 908.72

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
Jul 19, 2012
Sold by
Ayres Joseph Warren
Bought by
V & R Investments Inc
Seller's Agent
Larry Millhouse
Woods Bros Realty
Buyer's Agent
Ruslan Babahanov
Woods Bros Realty
List Price
$48,500
Sold Price
$30,000
Premium/Discount to List
-$18,500
-38.14%
Current Estimated Value
$121,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,830
Avg. Annual Appreciation
10.38%
Original Mortgage
$30,095
Interest Rate
3.68%
Mortgage Type
New Conventional
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
V & R Investments Inc $30,000 Charter Title & Escrow Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner V & R Investments Inc $30,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $30,000 -38.1% $45 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $48,500 -- $73 / 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 $1,290 $92,100 $28,000 $64,100
2023 $1,435 $85,600 $28,000 $57,600
2022 $1,405 $70,500 $25,000 $45,500
2021 $1,329 $70,500 $25,000 $45,500
2020 $1,181 $61,800 $20,000 $41,800
2019 $1,181 $61,800 $20,000 $41,800
2018 $1,088 $56,700 $20,000 $36,700
2017 $1,098 $56,700 $20,000 $36,700
2016 $941 $48,300 $12,000 $36,300
2015 $934 $48,300 $12,000 $36,300
2014 -- $46,400 $12,000 $34,400
2013 -- $46,400 $12,000 $34,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Larry Millhouse

    Wood Bros Realty

  • R

    Buyer's Agent in 2012

    Ruslan Babahanov

    Wood Bros Realty

    7 Total Sales

    Ruslan Babahanov
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Map

Source: Great Plains Regional MLS

MLS Number: L10096249

Great Plains Regional MLS

APN: 16-07-306-062-002

Nebraska Lancaster County Lincoln 68516

5519 S 31st St Unit 2, Lincoln, NE

This home is located at 5519 S 31st St Unit 2, Lincoln, NE 68516 since 13 March 2012 and is currently estimated at $121,830, approximately $184 per square foot. This property was built in 1981. 5519 S 31st St Unit 2 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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