NOT LISTED FOR SALE

7920 W Gerlach (B1 L3) Dr Lincoln, NE 68532

Estimated Value: $544,713 - $640,000

0.71 Acre
$853,420 Price per Acre
30,928 Sq Ft Lot

Last Sold July 08, 2015

Last sale price $79,000

Est. 683% increase in value since last sale

Current estimated payment $3,826/month

3 Days on Market

Highlights

  • No HOA
  • Open Lot
  • Lot Has A Rolling Slope
  • Beattie Elementary School Rated A-

About This Lot

As of July 2015

Enjoy the open space for living yet close to all the Lincoln amenities. Great access to Downtown, Haymarket, SouthPointe Mall. LPS is your school district (buyer should verify school with LPS). Lot is a walkout lot. Choose your builder. Community Sewer System.

Last Agent to Sell the Property

Christie Garner

HOME Real Estate License #20140163 Listed on: 05/04/2015

HOME Real Estate

Last Buyer's Agent

Brad Johnson

HOME Real Estate License #20140231

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $163

Lot Details

  • 0.71 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned AG

Schools

  • Beattie Elementary School
  • Scott Middle School
  • Southwest High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Meadow View 2Nd Addn Association

Listing and Financial Details

  • Assessor Parcel Number 0302301003000

Property Details

Property Type

Land

Est. Annual Taxes

$163

Lot Details

0

Listing Details

  • Parcel Number: 0302301003000
  • Property Sub Type: Unimproved Land
  • Topography: Rolling
  • Zoning: AG
  • Prop. Type: Land
  • Lot Size Acres: 0.71
  • Lot Size: 121.56 x 187 | 178.48 x 1897
  • Directions: Take W. Van Dorn to SW 78th. Turn South to W. Walin Ln. Left to SW 77th - go South to enter development and property.
  • Habitable Residence: No
  • Special Features: None

Exterior Features

  • Road Surface Type: Concrete

Utilities

  • Electric: Public
  • Sewer: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association Name: Meadow View 2nd Addn
  • Association: No
  • Pets Allowed: Yes

Schools

  • High School: Southwest
  • Elementary School: Beattie
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Scott

Lot Info

  • Lot Features: 1/2 to 1 Acre, Rolling Slope, Open Lot, Walkout
  • Land Lease: No
  • Lot Size Sq Ft: 30928
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Lum Larry Leroy
Bought by
Larry L Lum Trust and Lum
Current Estimated Value
$618,576

Purchase Details

Closed on
Feb 17, 2016
Sold by
Don Johnson Homes Ii Inc
Bought by
Lum Larry Leroy

Purchase Details

Closed on
Oct 29, 2015
Sold by
Don Johnson Homes Inc
Bought by
Don Johnson Homes Ii Inc

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 1, 2015
Sold by
Oelling Development Co
Bought by
Don Johnson Homes Inc
Seller's Agent
Christie Garner
HOME Real Estate
Buyer's Agent
Brad Johnson
HOME Real Estate
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larry L Lum Trust -- None Listed On Document
Lum Larry Leroy $413,000 Charter Title & Escrow Svcs
Don Johnson Homes Ii Inc -- Charter Title & Escrow Svcs
Don Johnson Homes Inc $79,000 Charter Title & Escrow Svcs
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $79,000 0.0% --
05/07/2015 05/07/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $79,000 -- --
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 $5,265 $476,700 $100,000 $376,700
2023 $6,501 $462,900 $100,000 $362,900
2022 $6,231 $363,400 $88,000 $275,400
2021 $5,840 $363,400 $88,000 $275,400
2020 $6,099 $371,200 $88,000 $283,200
2019 $6,140 $371,200 $88,000 $283,200
2018 $5,577 $335,000 $77,000 $258,000
2017 $5,628 $335,000 $77,000 $258,000
2016 $4,222 $251,700 $55,000 $196,700
2015 $44 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Christie Garner

    Seller's Agent in 2015

    Christie Garner

    HOME Real Estate

    (402) 499-9042

    69 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    Brad Johnson

    HOME Real Estate

    (402) 436-4663

    31 Total Sales

    Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: L10120857

Great Plains Regional MLS

APN: 03-02-301-003-000

Nebraska Lancaster County Lincoln 68532

7920 W Gerlach (B1 L3) Dr, Lincoln, NE

This home is located at 7920 W Gerlach (B1 L3) Dr, Lincoln, NE 68532 since 04 May 2015 and is currently estimated at $605,928. 7920 W Gerlach (B1 L3) Dr is a home located in Lancaster County with nearby schools including Beattie Elementary School, Scott Middle School, and Southwest High School.

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.

Great Plains Regional MLS 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

Nearby Homes