Seller's Agent in 2025
Melissa Buck
Wood Bros Realty
(402) 417-6276
39 Total Sales
725 R St Unit 5 Lincoln, NE 68508
2
Beds
2.5
Baths
2,493
Sq Ft
$456/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Corner Lot
- Contemporary Architecture
- 1 Fireplace
- 2-minute walk to Iron Horse Park
About This Home
As of August 2025A rare gem in an unbeatable location! Just steps away from Pinnacle Bank Arena & offering views of Memorial Stadium, this unique 4-level condo puts you in the heart of it all. The meticulously cared for 2 bed, 3 bath & 2 stall attached garage offers over 2400 sq ft of stylish living space. The ground level features a game area along with a fenced in patio while the main floor features a fireplace, a spacious kitchen & living area with a deck that overlooks the street. Admire the metal stair rail, creating tons of light & an airy feel as you move to the 3rd floor. This is where you find the primary suite, 2nd bedroom & laundry area. But the true show stopper? A private rooftop patio designed for entertaining, especially during Nebraska football season. Enjoy the perfect blend of comfort, modern design & location within walking distance to shops, restaurants and all the action. Opportunities like this don't come often. Make this home yours before the first kickoff!
Last Agent to Sell the Property
Woods Bros Realty License #20190131 Listed on: 07/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,545
Year Built
- Built in 2010
HOA Fees
- $456 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Slab Foundation
- Aluminum Siding
- Stone
Interior Spaces
- 2,493 Sq Ft Home
- 2.5-Story Property
- Wet Bar
- Ceiling Fan
- 1 Fireplace
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- Mcphee Elementary School
- Park Middle School
- Lincoln High School
Utilities
- Forced Air Heating and Cooling System
- Phone Available
Additional Features
- Stepless Entry
- Aluminum or Metal Fence
Community Details
- Association fees include snow removal
- The Option Rowhouse Subdivision
Listing and Financial Details
- Assessor Parcel Number 1023413016005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2025
Closed on
Aug 25, 2025
Sold by
Rajaee Al A and Rajaee Julie K
Bought by
Malek Farms Llc
Seller's Agent
Melissa Buck
Woods Bros Realty
Buyer's Agent
Melissa Buck
Woods Bros Realty
List Price
$1,300,000
Sold Price
$1,240,000
Premium/Discount to List
-$60,000
-4.62%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.11%
Purchase Details
Closed on
Jul 25, 2013
Sold by
Kay John F and Hines Joan M
Bought by
Rajaee Ai A
Purchase Details
Closed on
Feb 11, 2010
Sold by
Security First Bank
Bought by
Kay John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.16%
Mortgage Type
Seller Take Back
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 | $1,240,000 | Stewart Title | |
| Warranty Deed | $517,000 | Nebraska Title Company | |
| Corporate Deed | $213,000 | Lt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $326,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $1,240,000 | -4.6% | $497 / Sq Ft |
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | For Sale | $1,300,000 | -- | $521 / 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 | $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 | $10,327 | $538,000 | $90,000 | $448,000 |
| 2017 | $10,422 | $538,000 | $108,000 | $430,000 |
| 2016 | $5,376 | $276,100 | $60,000 | $216,100 |
| 2015 | $5,339 | $276,100 | $60,000 | $216,100 |
| 2014 | -- | $313,200 | $60,000 | $253,200 |
| 2013 | -- | $289,300 | $50,000 | $239,300 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Buck
Map
Source: Great Plains Regional MLS
MLS Number: 22520820
APN: 10-23-413-016-005
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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