NOT LISTED FOR SALE

5551 Locust St Lincoln, NE 68516

College View Neighborhood

Estimated Value: $273,000 - $306,253

3 Beds
2 Baths
2,332 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $265,900 $114 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,923/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Engineered Wood Flooring
  • No HOA
  • Pound Middle School Rated A-
  • Corner Lot
  • Porch

About This Home

As of July 2022

Beautiful décor, well maintained home ready for you. Modern colors, updated kitchen. This home has been very well loved. 3 bedrooms plus 1 (non conforming in the basement) 2 bathrooms. Solid Foundation, maple kitchen cabinets, beautiful floors, newer appliances (washer and dryer can stay) heated garage, that works. Come take a look.

Last Agent to Sell the Property

Ben Kramer

HOME Real Estate License #20171132 Listed on: 05/25/2022

HOME Real Estate

Last Buyer's Agent

Michael Rheiner

Better Homes and Gardens R.E. License #20120271

Better Homes and Gardens R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55 x 157
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Block Foundation
  • Composition Roof

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Natural lighting in basement
  • Basement with some natural light

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Zeman Elementary School
  • Pound Middle School
  • Lincoln Southeast High School

Utilities

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

Community Details

  • No Home Owners Association
  • College View South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1608207001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,334

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1608207001000
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 55 x 157
  • Ownership: Fee Simple
  • Subdivision Name: College View South
  • Directions: from 56th and Pioneers, South one block
  • Above Grade Finished Sq Ft: 1336
  • Architectural Style: Ranch, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement: Daylight, Full, Partially Finished
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 996
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood, Engineered Wood
  • Living Area: 2332
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Other
  • Room Kitchen Area: 130
  • Room Bedroom2 Area: 132
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Bedroom3 Level: Below Grade
  • Room Dining Room Area: 80
  • Room Family Room Area: 504
  • Room Living Room Area: 320
  • Dining Room Dining Room Level: Main Floor
  • Room Family Room Level: Below Grade
  • 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: Block
  • Fencing: Chain Link, Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • 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: Zeman
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Pound

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre., City Lot, Corner Lot, Subdivided, Public Sidewalk, Curb and Gutter, Level
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3333.5

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 29, 2022
Sold by
Peshek-Kiolbasa Carmen J and Peshek-Kiolbasa Michael J
Bought by
Pillen Breson
Seller's Agent
Ben Kramer
HOME Real Estate
Buyer's Agent
Michael Rheiner
Better Homes and Gardens R.E.
List Price
$265,900
Sold Price
$265,900
Current Estimated Value
$294,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,163
Avg. Annual Appreciation
3.05%
Original Mortgage
$242,660
Outstanding Balance
$232,526
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$59,140

Purchase Details

Listed on
Apr 21, 2014
Closed on
May 27, 2014
Sold by
Richardson Robert L and Richardson Sheila
Bought by
Peshek Kiolbasa Carmen and Kiolbasa Michael J
Seller's Agent
Gary Goranson
Lincoln First Realty
Buyer's Agent
Kevin Burklund
Woods Bros Realty
List Price
$144,950
Sold Price
$143,000
Premium/Discount to List
-$1,950
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$143,000
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2008
Sold by
Carter Stacey L
Bought by
Carter Stacey L and The Stacey L Carter Revocable Trust

Purchase Details

Closed on
Jun 5, 2008
Sold by
Richardson Robert L
Bought by
Richardson Robert L and Richardson Ronald L
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
Pillen Breson $266,000 None Listed On Document
Peshek Kiolbasa Carmen $143,000 Nebraska Land Title & Abstra
Carter Stacey L -- None Available
Richardson Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillen Breson $242,660
Previous Owner Peshek Kiolbasa Carmen $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $265,900 0.0% $114 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $265,900 +85.9% $114 / Sq Ft
06/02/2014 06/02/14 Sold $143,000 -1.3% $116 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $144,950 -- $118 / 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 $3,588 $257,300 $35,000 $222,300
2023 $4,108 $245,100 $35,000 $210,100
2022 $3,524 $176,800 $28,000 $148,800
2021 $3,334 $176,800 $32,000 $144,800
2020 $3,055 $159,900 $32,000 $127,900
2019 $3,056 $159,900 $32,000 $127,900
2018 $2,770 $144,300 $32,000 $112,300
2017 $2,795 $144,300 $32,000 $112,300
2016 $2,697 $138,500 $28,000 $110,500
2015 $2,678 $138,500 $28,000 $110,500
2014 $2,663 $136,900 $28,000 $108,900
Source: Public Records

Agents Affiliated with this Home

  • Ben Kramer

    Seller's Agent in 2022

    Ben Kramer

    HOME Real Estate

    (402) 436-4663

    1 in this area

    69 Total Sales

    Section Image
  • Michael Rheiner

    Buyer's Agent in 2022

    Michael Rheiner

    Better Homes and Gardens R.E.

    (402) 292-2200

    1 in this area

    100 Total Sales

    Section Image

  • G

    Seller's Agent in 2014

    Gary Goranson

    Lincoln First Realty

  • Kevin Burklund

    Buyer's Agent in 2014

    Kevin Burklund

    Wood Bros Realty

    (402) 416-0416

    1 in this area

    58 Total Sales

    Section Image
  • Rob Predmore

    Buyer Co-Listing Agent in 2014

    Rob Predmore

    Nebraska Realty

    (402) 540-3818

    2 in this area

    223 Total Sales

    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 22211838

Great Plains Regional MLS

APN: 16-08-207-001-000

Nebraska Lancaster County Lincoln 68516 College View

5551 Locust St, Lincoln, NE

This home is located at 5551 Locust St, Lincoln, NE 68516 since 25 May 2022 and is currently estimated at $294,063, approximately $126 per square foot. This property was built in 1964. 5551 Locust St is a home located in Lancaster County with nearby schools including Zeman Elementary School, Pound Middle School, and Lincoln Southeast 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

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