$49,900
SOLD MAY 15, 2015

7311 N 50th St Lincoln, NE 68514

0.21 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$30 Per Sq Ft

6 Days on Market

About This Lot

As of December 2015

Ready to build your dream home? But can't find that perfect lot? Well look no further because here at Northbank Preserves we have large flat and daylight lots just waiting for you. This development features large affordable lots priced from $39,900-$49,900. Tons of wildlife, lots of common areas, pond and close to the North 56th and I-80 corridor for easy commuting. Must build with Gerlach Custom Carpentry or Oncenter Construction.

Last Agent to Sell the Property

Harry Malone

Nebraska Realty License #20030925 Listed on: 04/13/2015

Nebraska Realty

Co-Listed By

Paul Malone

Nebraska Realty License #20040635

Last Buyer's Agent

Harry Malone

Nebraska Realty License #20030925 Listed on: 04/13/2015

Nebraska Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • Lot Dimensions are 75 x 120
  • Gentle Sloping Lot
  • Property is zoned R-3

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • Norwood Park Elementary School
  • Goodrich Middle School
  • Lincoln North Star High School

Community Details

  • North Bank Preserve Association

Listing and Financial Details

  • Assessor Parcel Number 183220800600

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Parcel Number: 183220800600
  • Property Sub Type: Unimproved Land
  • Topography: Gentle Slope
  • Zoning: R-3
  • Prop. Type: Land
  • Lot Size: 75 x 120
  • Co List Office Mls Id: LPRUD02
  • Directions: Take Hwy 77 North of Cornhusker Hwy for 1 1/4 mile s turn west on Alvo Road to development. No flood insurance is required in development.
  • Habitable Residence: No
  • Special Features: None

Exterior Features

  • Road Surface Type: Asphalt

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: North Bank Preserve
  • Association: Yes

Schools

  • High School: Lincoln North Star
  • Elementary School: Norwood Park
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Goodrich

Lot Info

  • Lot Features: Other Soil, Under 1/4 Acre, Daylight
  • Land Lease: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 1900
Closed on
Nov 13, 2015
Sold by
Oncenter Construction Inc
Bought by
Erickson Jeffrey R and Erickson Jodi L
Seller's Agent
Harry Malone
Nebraska Realty
Buyer's Agent
Harry Malone
Nebraska Realty
List Price
$350,104
Sold Price
$350,104
Current Estimated Value
$563,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,085
Avg. Annual Appreciation
5.19%
Original Mortgage
$230,104
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 12, 2015
Sold by
Schwisow Roger
Bought by
Oncenter Construction Inc
Seller's Agent
Harry Malone
Nebraska Realty
Buyer's Agent
Harry Malone
Nebraska Realty
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2616.83%
Original Mortgage
$272,000
Interest Rate
3.68%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $351,000 Charter Title & Escrow Svcs
Deed $50,000 Charter Title & Escrow Svcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,000 New Conventional
Closed $15,000 Future Advance Clause Open End Mortgage
Closed $250,000 New Conventional
Closed $25,000 Credit Line Revolving
Previous Owner $230,104 New Conventional
Previous Owner $272,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $350,104 +601.6% $117 / Sq Ft
05/15/2015 05/15/15 Sold $49,900 -85.7% $30 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $350,104 +601.6% $117 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $49,900 -- $30 / 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 $6,042 $435,600 $75,000 $360,600
2023 $6,770 $406,700 $75,000 $331,700
2022 $7,822 $394,200 $50,000 $344,200
2021 $7,398 $394,200 $50,000 $344,200
2020 $6,552 $345,300 $50,000 $295,300
2019 $6,480 $345,300 $50,000 $295,300
2018 $6,275 $335,600 $50,000 $285,600
2017 $6,358 $335,600 $50,000 $285,600
2016 $6,295 $331,000 $40,000 $291,000
2015 $581 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10121137

Great Plains Regional MLS

APN: 18-32-208-006-000