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1224 South 21st Street

1224 South 21st Street, Lincoln, NE 68502
Property in Near South
1 Units For Sale
Unit for sale at 1224 S 21st Street, Lincoln, NE 68502

$425,000

  • Studio
  • 2,862 ft²
1224 S 21st Street, Lincoln, NE 68502 Listing by Tamera Toof

1224 South 21st Street has been categorized by the local assessors in Lincoln, NE as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 5 bedrooms. Residents will have access to 6 full bathrooms. There are 11 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1224 South 21st Street has 3,612 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 973 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 140 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 1224 South 21st Street sold most recently in Jun 28, 2023 for a total of $175,000. If you work out the math, that's approximately a cost of $45.63 per sqft. Before that, the property was also sold for $140,000 in Jul 19, 2019. 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 $3,662 in taxes each year. 1224 South 21st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $244,800. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $199,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230526
05/26/2023
Studio
-
-
$199,000
bedrooms
Studio
bathrooms
-
-
-
-
Taylor Wyatt
SimpliCity Real Estate

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 11
  • Full Bathrooms: 6
  • Partial Bathrooms: 11
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 973
  • Garage Type: Carport
  • Garage Square Area: 140
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,835
  • Gross Building Area: 3,877
  • Building Area: 3,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,612
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLSDALE
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HILLSDALE, BLOCK 6, LOT 15, & W1/2 VAC ALLEY ADJ

Ownership

  • Current Owner : ROBERTS RENTALS LLC
  • Previous Owner : PRAIRIE INNOVATIVE EXCHANGES LLC
  • Owner Before Previous Owner: HORST LIOYD L
  • Owner Before Previous Owner 2: HORST GLORIA A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001700

Zoning

  • Zoning: R5

Geography

  • Parcel: 10-25-427-005-000
  • Block: 6
  • Lot: 15
  • Latitude: 40.8009
  • Longitude: -96.6902

    Address

  • Full Address: 1224 S 21st St
  • Address - House Number: 1224
  • Street Direction: S
  • Address - Street Name: 21st
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C004
  • 4-Digit Zip Code: 1674
  • Zip Code: 68502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,662
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 255,927
  • High Value: 308,804
  • Low Value: 203,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: ITM LLC
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 17, 2053

    Market Valuation

  • Market Total Value: $244,800
  • Market Land Value: $45,000
  • Market Improvement Value: $199,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,800
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $199,800

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Transaction ID: 11909907576
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20562
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ITM LLC
  • First Mortgage Transaction Date: Jul 17, 2023
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: THE HORST FAMILY LIVING TRUST
  • Previous Mortgage Transaction Date: Jul 19, 2019
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near South



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1224 South 21st Street located in?
The 1224 South 21st Street is a located in the neighborhood of Near South in Near South, Lincoln.
How many listings are currently for sale in 1224 South 21st Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1224 South 21st Street?
The average sales price for units in 1224 South 21st Street is $425,000 , or $149/sqft. currently.

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