NOT LISTED FOR SALE

7308 Gerald Ave Lincoln, NE 68516

Estimated Value: $503,985 - $581,000

5 Beds
2 Baths
2,719 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $489,900 $180 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,272/month

5 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Covered Deck
  • Wysong Elementary School Rated A-
  • 3 Car Attached Garage
  • Patio

About This Home

As of May 2023

Don't overlook the opportunity to own this move in ready walkout ranch with five bedrooms and three baths, showcasing an open floor plan and a great view of the popular Grandview Estates neighborhood from its covered deck. This residence boasts of high ceilings, modern finishes, and abundant natural light from its large windows. You can entertain guests in the beautiful kitchen, unwind in the spacious master suite, or enjoy downtime in the downstairs rec room. The main level comprises three bedrooms, including a primary suite with double vanities, and of course main floor laundry, while the finished basement features two additional bedrooms, a full bath, and a large rec room. Step outside to the covered patio, where you can relax by the firepit while the littles play on the playset. With ample storage space, an underground fence, a 3-stall garage, and many other features, this home is truly a gem.

Last Agent to Sell the Property

Cassi Ohlin

Premier Real Estate Brokerage Phone: 402-440-1727 License #20170123 Listed on: 03/30/2023

Co-Listed By

Mark Meierdierks

Premier Real Estate Brokerage Phone: 402-440-1727 License #20150505

Last Buyer's Agent

Abigail Hansen

Nebraska Realty License #20220281

Nebraska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 67 x 120
  • Sprinkler System

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks

Outdoor Features

  • Covered Deck
  • Patio

Schools

  • Wysong Elementary School
  • Moore Middle School
  • Lincoln East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener

Community Details

  • Association fees include common area maintenance
  • Grandview Association
  • Grandview Estates 1St Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1627323003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,318

Year Built

Built in 2016

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Parcel Number: 1627323003000
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 67 x 120
  • Co List Office Mls Id: LNERE02
  • Ownership: Fee Simple
  • Subdivision Name: GRANDVIEW ESTATES 1ST ADDITION
  • Directions: Use GPS for best route
  • Above Grade Finished Sq Ft: 1581
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: M: 402-440-1727
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Range - Cooktop + Oven, Refrigerator, Water Softener, Dishwasher, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1138
  • Fireplace Features: Direct-Vent Gas Fire
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2719
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Plans
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Bedroom3 Level: Below Grade
  • Room Bedroom4 Level: Below Grade
  • Room Master Bedroom Area: 208
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 13
  • Master Bathroom Features: 3/4, Double Sinks

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Features: Sprinkler System
  • Fencing: Other
  • Home Warranty: No
  • Patio And Porch Features: Patio, Covered Deck
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Association Name: Grandview
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • High School: Lincoln East
  • Elementary School: Wysong
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Moore

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6317.98

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 24, 2023
Sold by
Ohlin David and Ohlin Cassandra
Bought by
Berg Jenna and Berg Christian
Seller's Agent
Cassi Ohlin
Premier Real Estate
Buyer's Agent
Abigail Hansen
Nebraska Realty
List Price
$489,900
Sold Price
$489,900
Views
23
Current Estimated Value
$505,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,552
Avg. Annual Appreciation
0.47%
Original Mortgage
$391,920
Outstanding Balance
$383,496
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$111,578

Purchase Details

Closed on
Apr 10, 2019
Sold by
Hoefler Joshua M and Hoefler Abbegail L
Bought by
Ohlin David and Ohlin Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2018
Sold by
Mulder Construction Inc
Bought by
Hoefler Joshua M and Hoefler Abbegail H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,225
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Berg Jenna $490,000 402 Title Services
Ohlin David $340,000 Nebraska Title Company
Hoefler Joshua M $343,000 Union Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Jenna $391,920
Previous Owner Ohlin David $547,000
Previous Owner Ohlin David $324,850
Previous Owner Ohlin David $323,000
Previous Owner Hoefler Joshua M $332,225
Previous Owner Mulder Construction Inc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $489,900 0.0% $180 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $489,900 +562.0% $180 / Sq Ft
06/06/2016 06/06/16 Sold $74,000 -1.3% $46 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $75,000 -- $47 / 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 $6,039 $443,800 $97,500 $346,300
2023 $6,856 $421,900 $97,500 $324,400
2022 $6,828 $346,000 $65,000 $281,000
2021 $6,456 $346,000 $65,000 $281,000
2020 $5,987 $314,700 $60,000 $254,700
2019 $5,775 $314,700 $60,000 $254,700
2018 $5,675 $312,900 $55,000 $257,900
2017 $1,390 $77,100 $55,000 $22,100
2016 $465 $25,000 $25,000 $0
2015 $20 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22306276

Great Plains Regional MLS

APN: 16-27-323-003-000