NOT LISTED FOR SALE

721 7th St Unit 723 7th Street Adams, NE 68301

Estimated Value: $347,000 - $401,000

6 Beds
4 Baths
2,326 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $225,000 $97 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,424/month

15 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2019

YOU WON'T WANT TO MISS THIS GREAT INVESTMENT OPPORTUNITY. DUPLEX WAS BUILT IN 2008. 2 SPACIOUS UNITS EACH WITH 3 BED, 2 FULL BATH AND FULLY FINISHED BASEMENT. CLEAN, FULLY OCCUPIED AND IN EXCELLENT CONDITION. MONTHLY RENT CURRENTLY INCLUDES WATER AND SEWER. TENNANTS MAINTAIN YARD AND RESPONSIBLE FOR SNOW REMOVAL. A GREAT RETURN ON YOUR INVESTMENT! CALL GRAMANN REAL ESTATE AT 402-988-2255 FOR A PRIVATE SHOWING, TODAY!

Last Agent to Sell the Property

Chris Gramann

Gramann Real Estate License #0980247 Listed on: 08/05/2019

Last Buyer's Agent

Max Gramann

Gramann Real Estate License #0740281

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 2008

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100 x 167

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,326 Sq Ft Home
  • 1-Story Property
  • Washer Hookup
  • Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Home Owners Association
  • 2,326 Sq Ft Building

Listing and Financial Details

  • Total Actual Rent $1,850
  • Assessor Parcel Number 006481000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 006481000
  • Property Sub Type: Multi Family
  • Year Built: 2008
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3834
  • Lot Size: 100 x 167
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None

Interior Features

  • Appliances: Oven - No Cooktop, Refrigerator, Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 2326

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Freeman

Lot Info

  • Lot Size Sq Ft: 16700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3700.46

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 6, 2019
Sold by
Scheve Robert J and Scheve Karla J
Bought by
Young James C and Young Carol E
Seller's Agent
Chris Gramann
Gramann Real Estate
Buyer's Agent
Max Gramann
Gramann Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$373,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,320
Avg. Annual Appreciation
11.95%
Original Mortgage
$200,000
Outstanding Balance
$178,165
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$259,675

Purchase Details

Closed on
Feb 13, 2008
Sold by
Gramann Karl W and Gramann Mary K
Bought by
R J Scheve Construction Co

Purchase Details

Closed on
Aug 16, 2007
Sold by
Dunham Alma Ruth
Bought by
Gramann Karl W and Gramann Mary K
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
Young James C $225,000 Nebraska Title Company
R J Scheve Construction Co $21,500 --
Gramann Karl W $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young James C $200,000
Previous Owner Scheve Robert J $165,000
Previous Owner Scheve Robert J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $225,000 0.0% $97 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $225,000 -- $97 / 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
2023 $4,338 $258,000 $7,500 $250,500
2022 $4,486 $246,070 $7,500 $238,570
2021 $4,489 $234,710 $7,500 $227,210
2020 $4,295 $223,890 $7,500 $216,390
2019 $3,721 $196,775 $7,500 $189,275
2018 $3,700 $196,775 $7,500 $189,275
2017 $3,429 $196,775 $7,500 $189,275
2016 $3,442 $196,775 $7,500 $189,275
2015 $3,622 $196,775 $7,500 $189,275
2014 $3,980 $196,775 $7,500 $189,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: T11457

Great Plains Regional MLS

APN: 006481000