5821 Margo Dr Lincoln, NE 68510
Eastridge Neighborhood
3
Beds
2
Baths
1,305
Sq Ft
0.36
Acres
Highlights
- Ranch Style House
- 2 Fireplaces
- Formal Dining Room
- Lincoln East High School Rated A
- No HOA
- 1 Car Detached Garage
About This Home
As of May 2022LOCATION, LOCATION, LOCATION! Here's your opportunity to own a home on Margo Drive! Use a little imagination when you walk through this 3 bedroom 3 bath diamond in the rough. With some TLC and a few upgrades this could be an lovely home in an amazing neighborhood. Newer roof, very nice deck over looks Pius X football field, two fireplaces, and much more. Home is offered as is, no repairs, as reflected in price. Investors looking for a flip property, or homeowner searching for sweat equity don't pass this one by. Schedule your showing today!
Co-Listed By
Doug Sparks
BancWise Realty License #20120508
Last Buyer's Agent
Stacy Nisley
Brokers of Real Estate License #20120540
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,981
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 162 x 97
- Level Lot
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,305 Sq Ft Home
- 2 Fireplaces
- Wood Burning Fireplace
- Formal Dining Room
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1728319017000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2022
Closed on
May 18, 2022
Sold by
Vallone Christian A and Vallone Ashley
Bought by
Schmit Mary and Schmit Tom
Seller's Agent
Katie Weinert
BHHS Ambassador Real Estate
Buyer's Agent
Christine Meyer
Coldwell Banker NHS R E
List Price
$255,000
Sold Price
$277,000
Premium/Discount to List
$22,000
8.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,647
Avg. Annual Appreciation
1.67%
Original Mortgage
$249,300
Outstanding Balance
$238,603
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$53,556
Purchase Details
Closed on
Jun 13, 2019
Sold by
Tran Bang Khoa and Tran Katelyn Thy
Bought by
Vallone Christian A and Vallone Ashley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,588
Interest Rate
4.1%
Mortgage Type
VA
Purchase Details
Listed on
Aug 20, 2018
Closed on
Sep 25, 2018
Sold by
Russell Marilyn M
Bought by
Tran Bang Khoa
Seller's Agent
Bill Budler
BancWise Realty
Buyer's Agent
Stacy Nisley
Brokers of Real Estate
List Price
$149,900
Sold Price
$145,500
Premium/Discount to List
-$4,400
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Similar Homes in Lincoln, NE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $277,000 | None Listed On Document | |
| Warranty Deed | $185,000 | Union Title Company Llc | |
| Warranty Deed | $146,000 | Union Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,300 | New Conventional | |
| Previous Owner | $190,588 | VA | |
| Previous Owner | $40,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $54,127 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $277,000 | +8.6% | $123 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 03/26/2022 03/26/22 | For Sale | $255,000 | +75.3% | $113 / Sq Ft |
| 10/01/2018 10/01/18 | Sold | $145,500 | -2.9% | $111 / Sq Ft |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
| 08/20/2018 08/20/18 | For Sale | $149,900 | -- | $115 / Sq Ft |
Source: Great Plains Regional MLS
Tax History Compared to Growth
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 | $3,389 | $245,200 | $50,000 | $195,200 |
| 2023 | $4,110 | $245,200 | $50,000 | $195,200 |
| 2022 | $3,980 | $199,700 | $40,000 | $159,700 |
| 2021 | $3,765 | $199,700 | $40,000 | $159,700 |
| 2020 | $3,453 | $180,700 | $40,000 | $140,700 |
| 2019 | $3,453 | $180,700 | $40,000 | $140,700 |
| 2018 | $0 | $150,700 | $40,000 | $110,700 |
| 2017 | $0 | $150,700 | $40,000 | $110,700 |
| 2016 | $0 | $151,000 | $35,000 | $116,000 |
| 2015 | $2,920 | $151,000 | $35,000 | $116,000 |
| 2014 | $2,873 | $147,700 | $35,000 | $112,700 |
| 2013 | -- | $147,700 | $35,000 | $112,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Katie Weinert
BHHS Ambassador Real Estate
(402) 630-3531
1 in this area
110 Total Sales
-
C
Buyer's Agent in 2022
Christine Meyer
Coldwell Banker NHS R E
-
Seller's Agent in 2018
Bill Budler
BancWise Realty
(402) 641-0060
1 in this area
68 Total Sales
-
D
Seller Co-Listing Agent in 2018
Doug Sparks
BancWise Realty
-
S
Buyer's Agent in 2018
Stacy Nisley
Brokers of Real Estate
Map
Source: Great Plains Regional MLS
MLS Number: L10149130
APN: 17-28-319-017-000
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.
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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