NOT LISTED FOR SALE

5538 Franklin St Lincoln, NE 68506

Estimated Value: $209,000 - $239,000

2 Beds
1 Bath
1,440 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $217,000 $151 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,450/month

2 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage
  • Lincoln Southeast High School Rated A-
  • No HOA
  • Patio

About This Home

As of September 2023

Come check out this fully remodeled home that boasts over 1,400 sq.ft. of amazing finishes with a HUGE 600 sf garage situated in a very desirable area next to Roberts Park! This 2+1 bedroom and 1 bath home has so much to offer. You’ll love the brand new tiled shower, new roof on the garage and home, new kitchen, fresh paint and flooring throughout, newer siding/windows, and two large finished living rooms! This opportunity is priced to sell fast! Schedule your private showing today!

Last Agent to Sell the Property

Landon Hornby

Nebraska Realty Brokerage Phone: 402-314-4996 License #20210006 Listed on: 08/07/2023

Nebraska Realty

Last Buyer's Agent

Heidi Wubbels

Nebraska Realty License #20180987

Nebraska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 150 x 46
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Holmes Elementary School
  • Lefler Middle School
  • Lincoln Southeast High School

Utilities

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

Additional Features

  • Oven or Range
  • Patio
  • Finished Basement

Community Details

  • No Home Owners Association
  • Second Addition To Normal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1732215012000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1732215012000
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 150 x 46
  • Ownership: Fee Simple
  • Subdivision Name: SECOND ADDITION TO NORMAL
  • Directions: Head Down 56th Street and it will be on the West corner when you hit Franklin Street.
  • Above Grade Finished Sq Ft: 720
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-314-4996
  • Special Features: None

Interior Features

  • Basement: Finished
  • Appliances: Range - Cooktop + Oven, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 720
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl Tile, Luxury Vinyl Plank
  • Living Area: 1440
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Block
  • Exterior Features: Sprinkler System
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Lincoln Southeast
  • Elementary School: Holmes
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Lefler

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre., City Lot, Corner Lot
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2298

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Aug 21, 2023
Sold by
Hornby Enterprises Llc
Bought by
Ash Road Acres Llc
Seller's Agent
Landon Hornby
Nebraska Realty
Buyer's Agent
Heidi Wubbels
Nebraska Realty
List Price
$224,900
Sold Price
$217,000
Premium/Discount to List
-$7,900
-3.51%
Views
70
Current Estimated Value
$227,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,980
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Nov 2, 2017
Sold by
Standley Timothy S
Bought by
Standley Michelle L

Purchase Details

Closed on
Aug 1, 2011
Sold by
Standley Timothy S and Standley Michelle L
Bought by
Standley Timothy S and Standley Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,142
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1999
Sold by
Kinney Douglas
Bought by
Norris Timothy S and Owings Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,415
Interest Rate
7.11%
Mortgage Type
FHA
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
Ash Road Acres Llc $217,000 Charter Title
Standley Michelle L -- None Available
Standley Timothy S -- Charter Title
Norris Timothy S $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Standley Timothy S $90,142
Previous Owner Standley Timothy $21,000
Previous Owner Norris Timothy S $73,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $217,000 -3.5% $151 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $224,900 -- $156 / 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 $2,288 $164,300 $28,800 $135,500
2023 $2,645 $157,800 $28,800 $129,000
2022 $2,433 $122,100 $31,500 $90,600
2021 $2,302 $122,100 $31,500 $90,600
2020 $2,058 $107,700 $31,500 $76,200
2019 $2,058 $107,700 $31,500 $76,200
2018 $1,862 $97,000 $31,500 $65,500
2017 $1,879 $97,000 $31,500 $65,500
2016 $1,852 $95,100 $31,500 $63,600
2015 $1,839 $95,100 $31,500 $63,600
2014 $1,931 $99,300 $27,000 $72,300
2013 -- $99,300 $27,000 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22317813

Great Plains Regional MLS

APN: 17-32-215-012-000