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121 South 2nd Street

121 South 2nd Street, Lincoln, NE 68508
Local assessors in Lincoln, NE have categorized 121 South 2nd Street as a commercial type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 22,763 square feet. If we look only at the heated or air conditioned part of the building, then 121 South 2nd Street has a total of 4,544 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 121 South 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $673,100. If we break it down further, the land itself was valued at $102,400. Improvements to the property, however, were assessed at a total of $570,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,763
  • Total Building Area: 4,544
  • Gross Building Area: 4,544
  • Building Area: 4,544
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LINCOLN ORIGINAL
  • Land Acres: 0.523
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LINCOLN ORIGINAL, BLOCK 46, LOT 17 - 18, VAC N 1/2 N ST, & VAC W 14 S 2ND ST, & S 1/2 E-W ALLEY ADJ BLK 46

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 002100

Zoning

  • Zoning: I1

Geography

  • Account Number: 0415979
  • Parcel: 10-26-100-011-000
  • Block: 46
  • Lot: 17-18
  • Municipality: LINCOLN
  • Latitude: 40.8128
  • Longitude: -96.7192

    Address

  • Full Address: 121 S 2nd St
  • Address - House Number: 121
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C022
  • 4-Digit Zip Code: 2306
  • Zip Code: 68508

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 0001

    Market Valuation

  • Market Total Value: $673,100
  • Market Land Value: $102,400
  • Market Improvement Value: $570,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $673,100
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $570,700

About South Salt Creek



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Frequently Asked Questions

What neighborhood is 121 South 2nd Street located in?
The 121 South 2nd Street is a land located in the neighborhood of South Salt Creek in South Salt Creek, Lincoln.
What is the average sales price for listings in 121 South 2nd Street?
The average sales price for units in 121 South 2nd Street is $0 currently.

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