NOT LISTED FOR SALE

Estimated Value: $2,080,666

-- Bed
4 Baths
1,050 Sq Ft
$1,982/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $1,175,000 $1,119 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $14,439/month

78 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Wall Furnace

About This Home

As of May 2017

Norma Jane Apartments is a 44 unit apartment complex with in-house laundry. Property also comes with 2515 W St. which is a brick duplex. All units are 1 bed, 1 bath. Duplex is 2, 2 bedrooms, 1 bath units. Great location, close to both campus's and downtown.

Last Agent to Sell the Property

Clayton Weddle

CENTURY 21 Home & Farm Realty License #20050244 Listed on: 12/13/2016

CENTURY 21 Home & Farm Realty

Last Buyer's Agent

Andy Vu

1st Choice Realty Team License #20050110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,353

Year Built

  • Built in 1974

Lot Details

  • 2,542

Home Design

  • 1,050 Sq Ft Home
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 4 Full Bathrooms
  • 2,542 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,980
  • Assessor Parcel Number 1024236024000

Community Details

Overview

  • No Home Owners Association
  • 1,050 Sq Ft Building

Building Details

  • Insurance Expense $13,481
  • Maintenance Expense $12,387
  • Other Expense $23,804
  • Net Operating Income $154,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,353

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Parcel Number: 1024236024000
  • Property Sub Type: Multi Family
  • Other Expense: 23804
  • Year Built: 1974
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0584
  • Lot Size: 70 x 88 | 69 x 140
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Fireplace: No
  • Living Area: 1050
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Over 1 up to 5 Acres
  • Lot Size Sq Ft: 2542.1013
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 13481
  • Maintenance Expense: 12387
  • Number Of Units Total: 46
  • Property Net Operating Income: 154579
  • Total Actual Rent: 1980

Tax Info

  • Tax Annual Amount: 22353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Tam Square Realty Llc
Bought by
Knight Rebels Llc
Current Estimated Value
$2,080,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,576,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 9, 2014
Closed on
Nov 19, 2014
Sold by
877 North 26Th Street Llc
Bought by
Pickering David Nathan and Crown Legacy Two Trust
Seller's Agent
Joe Courtney
Keller Williams Lincoln
Buyer's Agent
Scott Anderson
Keller Williams Lincoln
List Price
$1,500,000
Sold Price
$1,360,000
Premium/Discount to List
-$140,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,020,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2004
Sold by
Nichelson Gary L
Bought by
Matthews John K and Matthews Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.64%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Knight Rebels Llc $1,610,000 Charter T&E Svcs Inc
Pickering David Nathan $1,360,000 Nebraska Land Title & Abstra
Matthews John K $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Rebels Llc $3,500,000
Closed Knight Rebels Llc $2,576,000
Previous Owner Pickering David Nathan $1,020,000
Previous Owner 877 N 26Th Street Llc $984,000
Previous Owner 877 North 26Th Street L L C $642,086
Previous Owner Matthews John K $650,000
Closed Matthews John K $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $1,175,000 -19.0% $1,119 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $1,450,000 +6.6% $1,381 / Sq Ft
11/20/2014 11/20/14 Sold $1,360,000 -9.3% $1,295 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $1,500,000 -- $1,429 / 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 $37,218 $2,565,600 $242,000 $2,323,600
2023 $31,852 $1,900,500 $242,000 $1,658,500
2022 $33,921 $1,702,000 $242,000 $1,460,000
2021 $27,024 $1,433,300 $242,000 $1,191,300
2020 $20,602 $1,078,200 $242,000 $836,200
2019 $20,604 $1,078,200 $242,000 $836,200
2018 $20,695 $1,078,200 $242,000 $836,200
2017 $22,392 $1,155,900 $242,000 $913,900
2016 $22,508 $1,155,900 $242,000 $913,900
2015 $22,353 $1,155,900 $242,000 $913,900
2014 $15,765 $810,600 $181,500 $629,100
2013 -- $810,600 $181,500 $629,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10134432

Great Plains Regional MLS

APN: 10-24-236-024-000