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1229 Elba Avenue

1229 Elba Avenue, Lincoln, NE 68521
Property in Belmont
Sold Oct 05, 2022
$200,000
$128,000 by First Interstate Bank
Mortgage Due Oct 01, 2052
Sold May 18, 2017
$115,000
$92,000 by First National Bank Of Omaha
Mortgage Due Jun 01, 2047
1229 Elba Avenue 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 1957 and is 67 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1229 Elba Avenue has 1,412 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 962 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 1,370 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 7,519 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 1229 Elba Avenue sold most recently in Sep 30, 2022 for a total of $200,000. If you work out the math, that's approximately a cost of $103.95 per sqft. Before that, the property was also sold for $115,000 in May 15, 2017. 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 $2,669 in taxes each year. 1229 Elba Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,500. 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 $135,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 962
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,519
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN VIEW
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN VIEW, BLOCK 4, LOT 8

Ownership

  • Current Owner : NGUYEN VY THAO
  • Previous Owner : NGUYEN NGUYEN N N
  • Previous Owner 2: NGUYEN HANH TB
  • Owner Before Previous Owner: COOPER SCOTT P
  • Owner Before Previous Owner 2: COOPER MELISSA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003002

Zoning

  • Zoning: R2

Geography

  • Parcel: 11-11-220-008-000
  • Block: 4
  • Lot: 8
  • Latitude: 40.8527
  • Longitude: -96.7028

    Address

  • Full Address: 1229 Elba Ave
  • Address - House Number: 1229
  • Address - Street Name: Elba
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C033
  • 4-Digit Zip Code: 2043
  • Zip Code: 68521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,669
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 214,223
  • High Value: 255,779
  • Low Value: 172,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,000
  • First Open Lien Mortgage Lender: FIRST INTERSTATE BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2022
  • First Open Lien Mortgage Loan Amount: $128,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $170,500
  • Market Land Value: $35,000
  • Market Improvement Value: $135,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,500
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $135,500

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Transaction ID: 11896637740
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41965
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 15, 2017
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERSTATE BANK
  • First Mortgage Transaction Date: Oct 05, 2022
  • First Mortgage Loan Amount: $128,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • Previous Mortgage Transaction Date: May 18, 2017
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Belmont



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Frequently Asked Questions

What neighborhood is 1229 Elba Avenue located in?
The 1229 Elba Avenue is a located in the neighborhood of Belmont in Belmont, Lincoln.
What is the average sales price for listings in 1229 Elba Avenue?
The average sales price for units in 1229 Elba Avenue is $0 currently.

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