NOT LISTED FOR SALE

5901 Palomino Ln Lincoln, NE 68523

Estimated Value: $588,000 - $837,000

4 Beds
3.5 Baths
3,412 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $443,000 $130 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,281/month

41 Days on Market

Highlights

  • Horse Property
  • Second Kitchen
  • Engineered Wood Flooring
  • Adams Elementary School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of July 2020

Come see this Incredible acreage close to Lincoln with easy access to all the amenities of the city. A beautiful two story, four-bedroom, four bath, walkout/daylight home sits on 4 acres surrounded by full mature pine trees with incredible views of the landscape. This home has over 3,400 finished square feet that has been meticulously cared for! The new deck includes composite decking and aluminum balusters. Other exterior features include a 30 X 60 outbuilding with multiple air & 220 outlets. The outbuilding also has attic storage, built in shelving units, new cement board siding, and a new furnace and AC unit. SO MANY UPDATES, brand-new high-quality windows, newer roof/gutters with high impact shingles on the house and outbuilding, interior/exterior doors & hardware, newer appliances, new interior paint, light fixtures, flooring, plumbing fixtures, and so much more-see attached list of the many updates! Call your agent for a private showing!

Last Agent to Sell the Property

Jason Rasmussen

Nebraska Realty Brokerage Phone: 402-770-7441 License #20160698 Listed on: 04/29/2020

Nebraska Realty

Co-Listed By

Bruce Hahn

Nebraska Realty Brokerage Phone: 402-770-7441 License #0980075

Last Buyer's Agent

Donna Danielson

HOME Real Estate License #20150316

HOME Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1992

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 349.36 x 501.64 x 349.40 x 501.64

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Formal Dining Room
  • Engineered Wood Flooring

Kitchen

  • Second Kitchen
  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Windows

Outdoor Features

  • Horse Property
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Adams Elementary School
  • Scott Middle School
  • Lincoln Southwest High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Hitching Post Hills Association
  • Hitching Post Hills Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0917203002000
  • Tax Block 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,769

Year Built

Built in 1992

Lot Details

0

HOA Fees

$2 per month

Parking

3

Listing Details

  • Parcel Number: 0917203002000
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4
  • Lot Size: 349.36 x 501.64 x 349.40 x 501.64
  • Co List Office Mls Id: LNERE02
  • Ownership: Fee Simple
  • Subdivision Name: HITCHING POST HILLS SECOND ADDITION
  • Directions: Take W Denton Rd west and turn north on S Coddington Ave, turn west on W Pleasant Hill Rd, turn north on Hitching Post Ln, turn west on W Paddock Rd, Turn north on Palomino Ln.
  • Above Grade Finished Sq Ft: 2368
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-770-7441
  • Special Features: None

Interior Features

  • Interior Amenities: Central Vacuum, 9'+ Ceiling, 2nd Kitchen, Ceiling Fan(s), Formal Dining Room, Pantry
  • Basement: Daylight, Walk-Out Access
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Ice Maker, Refrigerator, Dishwasher, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1044
  • Fireplace: No
  • Flooring: Engineered Wood
  • Living Area: 3412
  • Main Level Bathrooms: 1
  • Window Features: LL Daylight Windows
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 144
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Area: 187
  • Room Bedroom3 Level: Below Grade
  • Room Dining Room Area: 168
  • Room Family Room Area: 231
  • Room Living Room Area: 195
  • Room Master Bedroom Area: 264
  • Master Bedroom Master Bedroom Level: 2nd Floor
  • Master Bedroom Master Bedroom Width: 12
  • Master Bathroom Features: Full

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Features: Horse Permitted
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick/Other, Cement Board
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Patio, Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association Name: Hitching Post Hills
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • High School: Lincoln Southwest
  • Elementary School: Adams
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Scott

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1 up to 5 Acres
  • Lot Size Sq Ft: 174243
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5769.46
  • Tax Block: 1

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jul 22, 2020
Sold by
Svoboda Ronald J
Bought by
Hephner Kevin and Hephner Brooke
Seller's Agent
Jason Rasmussen
Nebraska Realty
Buyer's Agent
Donna Danielson
HOME Real Estate
List Price
$469,900
Sold Price
$443,000
Premium/Discount to List
-$26,900
-5.72%
Current Estimated Value
$710,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,758
Avg. Annual Appreciation
8.43%
Original Mortgage
$378,000
Outstanding Balance
$339,061
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$333,176

Purchase Details

Closed on
Jan 27, 2016
Sold by
Crawford Christina L
Bought by
Svoboda Ronald J

Purchase Details

Closed on
Jan 20, 2005
Sold by
Wiley Kim and Wiley Shelley
Bought by
Svoboda Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
5.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 1999
Sold by
Pape David L
Bought by
Wiley Kim and Wiley Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.91%
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
Hephner Kevin $443,000 Charter T&E Svcs Inc
Svoboda Ronald J -- None Available
Svoboda Ronald J $287,000 --
Wiley Kim $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hephner Kevin $378,000
Previous Owner Svoboda Ronald J $18,152
Previous Owner Svoboda Ronald J $59,500
Previous Owner Svaboda Ronald $98,626
Previous Owner Svoboda Ronald J $125,318
Previous Owner Svoboda Ronald J $96,000
Previous Owner Svoboda Ronald J $28,700
Previous Owner Svoboda Ronald J $229,600
Previous Owner Wiley Kim $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $443,000 -2.6% $130 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $455,000 -3.2% $133 / Sq Ft
04/29/2020 04/29/20 For Sale $469,900 -- $138 / 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 $5,908 $534,900 $128,000 $406,900
2023 $7,293 $519,300 $128,000 $391,300
2022 $7,316 $426,700 $90,000 $336,700
2021 $6,858 $426,700 $90,000 $336,700
2020 $5,730 $348,800 $81,000 $267,800
2019 $5,769 $348,800 $81,000 $267,800
2018 $5,639 $338,700 $76,500 $262,200
2017 $5,690 $338,700 $76,500 $262,200
2016 $4,855 $289,400 $54,000 $235,400
2015 $4,863 $289,400 $54,000 $235,400
2014 $4,478 $263,100 $56,700 $206,400
2013 -- $263,100 $56,700 $206,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22009909

Great Plains Regional MLS

APN: 09-17-203-002-000