NOT LISTED FOR SALE

725 R St Unit 3 Lincoln, NE 68508

Estimated Value: $877,000 - $1,231,000

2 Beds
2.5 Baths
2,493 Sq Ft
$249/mo HOA Fee

Last Sold September 30, 2022

Last sale price $975,000 $391 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,038/month

10 Days on Market

Highlights

  • Deck
  • Porch
  • Intercom
  • 1 Fireplace
  • 2 Car Attached Garage
  • 2-minute walk to Iron Horse Park

About This Home

As of September 2022

Live in the heart of the city in Lincoln's historic Haymarket! Rare opportunity to own a luxury condo with over 2400 sq. ft. and attached PRIVATE 2 stall garage. Walk in on 1st floor from your private gated patio or attached garage to a flex room. That can be used as an office, family room, yoga studio, workout room etc. 2nd floor features a family room, bathroom, fireplace, chef's kitchen and balcony with amazing views of the stadium, arena and Haymarket. 3rd floor features the bedrooms, 2 bathrooms and laundry room. 4th floor is the penthouse with a hide-a-bed, wet bar and family room. Walkout to your own rooftop terrace and enjoy grilling, relaxing and the sights and sounds. This property is perfect for tailgating before and after games at the stadium and PBA events. Property also features a remote controlled parking gate.

Last Agent to Sell the Property

Debbie Messineo

HOME Real Estate License #980345 Listed on: 09/02/2022

HOME Real Estate

Last Buyer's Agent

Debbie Messineo

HOME Real Estate License #980345 Listed on: 09/02/2022

HOME Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,730

Year Built

  • Built in 2010

Lot Details

  • 871

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2,493 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Mcphee Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

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

Additional Features

  • Stepless Entry
  • Aluminum or Metal Fence

Community Details

  • Association fees include exterior maintenance, snow removal, common area maintenance
  • Option Row Association
  • The Option Rowhouse Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023413016003

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,730

Year Built

Built in 2010

Lot Details

0

HOA Fees

$249 per month

Parking

2

Listing Details

  • Parcel Number: 1023413016003
  • Property Sub Type: Condominium
  • Year Built: 2010
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 22 x 42
  • Ownership: Condominium
  • Subdivision Name: The Option Rowhouse
  • Directions: Located at 7th & R street
  • Above Grade Finished Sq Ft: 2493
  • Architectural Style: Uncategorized
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Interior Amenities: Central Vacuum, Wet Bar, 9'+ Ceiling, Ceiling Fan(s), Zero Step Entry
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Other Equipment: Intercom
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2493
  • ResoLivingAreaSource: Other
  • Master Bedroom Master Bedroom Level: 3rd Floor

Exterior Features

  • Foundation Details: Slab
  • Exterior Features: Zero Step Entry
  • Fencing: Iron
  • Home Warranty: No
  • Construction Type: Stone, Aluminum Siding
  • Patio And Porch Features: Porch, Patio, Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Metal

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
  • Security: Security System
  • 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, Storm Sewer, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 248.51
  • Association Fee Frequency: Monthly
  • Association Name: Option Row
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Exterior Maintenance, Snow Removal, Common Area Maintenance

Schools

  • High School: Lincoln High
  • Elementary School: Mcphee
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Park

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: Up to 1/4 Acre., City Lot, Level
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16729.64

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2009
Sold by
Security First Bank
Bought by
Ostergard Tonn M and Ostergard Holly A
Current Estimated Value
$1,040,049
Source: Public Records

Range of Values:

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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
Ostergard Tonn M $230,000 Lt
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $975,000 -11.4% $391 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $1,100,000 -- $441 / 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 $12,545 $907,700 $210,000 $697,700
2023 $15,213 $907,700 $210,000 $697,700
2022 $17,684 $887,300 $210,000 $677,300
2021 $16,730 $887,300 $210,000 $677,300
2020 $15,523 $812,400 $210,000 $602,400
2019 $15,525 $812,400 $210,000 $602,400
2018 $9,398 $489,600 $90,000 $399,600
2017 $9,484 $489,600 $90,000 $399,600
2016 $5,181 $266,100 $50,000 $216,100
2015 $5,146 $266,100 $50,000 $216,100
2014 $5,498 $282,700 $50,000 $232,700
2013 -- $282,700 $50,000 $232,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Debbie Messineo

    HOME Real Estate

    30 Total Sales

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Map

Source: Great Plains Regional MLS

MLS Number: 22221318

Great Plains Regional MLS

APN: 10-23-413-016-003

Nebraska Lancaster County Lincoln

725 R St Unit 3, Lincoln, NE

This home is located at 725 R St Unit 3, Lincoln, NE 68508 since 02 September 2022 and is currently estimated at $1,040,049, approximately $417 per square foot. This property was built in 2010. 725 R St Unit 3 is a home located in Lancaster County with nearby schools including McPhee Elementary School, Park Middle School, and Lincoln High School.

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