NOT LISTED FOR SALE

6601 & 6609 Colfax Ave Lincoln, NE 68507

Havelock Neighborhood

Estimated Value: $257,000

8 Beds
8 Baths
3,736 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $510,000 $137 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,716/month

3 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2021

CONTRACT PENDING....GREAT INVESTMENT OPPRATUNNITY! This includes 2 purpose built 4-plex buildings. Each unit has one bedroom with master bath. All units also have a basement that is partially finished off with a partial bath and storage/living space. Roofs are in great shape and has lots of life left. Units were updated a few years ago and are in great shape. One unit lease is up 1/31/2022 the other is up 11/30/2021 and the other 6 units are month to month. There is plenty of room for higher rents. Each unit has its very own washer and dryer hook ups in the basement. Some of the units have dishwashers and other perks. Both buildings have off street parking and ally access. These units are nice and a great location and will not last long. All units are rented so please call listing agent today to schedule a showing. All showing will require 24-48 hour notice.

Last Agent to Sell the Property

Adam Dotson

eXp Realty LLC Brokerage Phone: 402-601-2344 License #20180233 Listed on: 07/15/2021

eXp Realty LLC

Last Buyer's Agent

William Jeffery

Cornhusker Property License #20080015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1955

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100.92 x 139.71

Home Design

  • 3,736 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • No Garage

Schools

  • Pershing Elementary School
  • Mickle Middle School
  • Lincoln Northeast High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 3,736 Sq Ft Building
  • Mf Northeast Lincoln Subdivision

Listing and Financial Details

  • Total Actual Rent $4,700
  • Assessor Parcel Number 1709245006000 & 1709245007000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,618

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Parcel Number: 1709245006000 & 1709245007000
  • Property Sub Type: Multi Family
  • Year Built: 1955
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3237
  • Lot Size: 100.92 x 139.71
  • Ownership: Fee Simple
  • Subdivision Name: MF NORTHEAST LINCOLN
  • Directions: 66TH ST. TO COLFAX AVE. THEN HEAD EAST BOTH UNITS ARE ON CORNER OF 66TH AND COLFAX AVE.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-601-2344
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace: No
  • Living Area: 3736
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 10

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln Northeast
  • Elementary School: Pershing
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Mickle

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 14099.5332
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5617.68

Multi Family

  • Number Of Units Total: 8
  • Total Actual Rent: 4700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 6, 2021
Sold by
Franzen Barry D and Dennis Franzen Trust
Bought by
Antelope Properties Llc
Seller's Agent
Adam Dotson
eXp Realty LLC
Buyer's Agent
William Jeffery
Cornhusker Property
List Price
$539,900
Sold Price
$510,000
Premium/Discount to List
-$29,900
-5.54%
Current Estimated Value
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$253,000
Avg. Annual Appreciation
-15.54%
Original Mortgage
$408,000
Outstanding Balance
$114,641
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$145,359

Purchase Details

Closed on
May 28, 2015
Sold by
Robidoux John W and Robidoux Patricia M
Bought by
Franzen Barry D and Dennis Franzen Trust
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
Antelope Properties Llc $255,000 Charter T&E Svcs Inc
Franzen Barry D $360,000 Nebraska Land Title & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antelope Properties Llc $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $510,000 -5.5% $137 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $539,900 -- $145 / 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 $3,566 $255,700 $32,000 $223,700
2023 $4,081 $243,500 $32,000 $211,500
2022 $4,008 $201,100 $32,000 $169,100
2021 $3,345 $177,400 $32,000 $145,400
2020 $2,809 $147,000 $32,000 $115,000
2019 $2,809 $147,000 $32,000 $115,000
2018 $2,822 $147,000 $32,000 $115,000
2017 $2,968 $153,200 $32,000 $121,200
2016 $2,983 $153,200 $32,000 $121,200
2015 $2,963 $153,200 $32,000 $121,200
2014 $2,760 $141,900 $32,000 $109,900
2013 -- $141,900 $32,000 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22116165

Great Plains Regional MLS

APN: 17-09-245-006-000