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1020 Furnas Avenue

1020 Furnas Avenue, Lincoln, NE 68521
Property in Belmont
Sold Aug 06, 2021
$133,000
$130,591 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2051
Sold Oct 11, 2004
$57,000
1020 Furnas Avenue in Lincoln, NE was first built in 1946 and is 78 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1020 Furnas Avenue has 672 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 5,762 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1020 Furnas Avenue sold most recently in Jun 23, 2021 for a total of $133,000. If you work out the math, that's approximately a cost of $197.92 per sqft. Before that, the property was also sold for $57,000 in Sep 30, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,912 in taxes each year. 1020 Furnas Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $111,600. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $76,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,762
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 450
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT ADDITION
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELMONT ADDITION, BLOCK 4, LOT 40, & W1/2 LOT 41

Ownership

  • Current Owner : HENNESSY ANNYSSIA RAE
  • Previous Owner : REGAN PATRICK
  • Previous Owner 2: REGAN ERICA
  • Owner Before Previous Owner: LANGDON VICKI R
  • Owner Before Previous Owner 2: LANGDON WILLIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 003002

Zoning

  • Zoning: R2

Geography

  • Parcel: 11-14-203-021-000
  • Block: 4
  • Lot: 40,41
  • Municipality: LINCOLN
  • Latitude: 40.8413
  • Longitude: -96.7067

    Address

  • Full Address: 1020 Furnas Ave
  • Address - House Number: 1020
  • Address - Street Name: Furnas
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C019
  • 4-Digit Zip Code: 2255
  • Zip Code: 68521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,912
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 161,894
  • High Value: 191,148
  • Low Value: 132,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,591
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $130,591
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $111,600
  • Market Land Value: $35,000
  • Market Improvement Value: $76,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,600
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $76,600

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11846536332
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021047686
  • Previous Sale Recording Date: Oct 11, 2004
  • Previous Sale Contract Date: Sep 30, 2004
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $130,591
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

About Belmont



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Frequently Asked Questions

What neighborhood is 1020 Furnas Avenue located in?
The 1020 Furnas Avenue is a located in the neighborhood of Belmont in Belmont, Lincoln.
What is the average sales price for listings in 1020 Furnas Avenue?
The average sales price for units in 1020 Furnas Avenue is $0 currently.

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