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1505 Liberty Drive

1505 Liberty Drive, Lexington, NE 68850
Property in Dawson
Sold Mar 29, 2012
$98,500
$96,250 by Home Federal Savings And Loan
Mortgage Due Apr 01, 2042
1505 Liberty Drive in Lexington, NE was first built in 1981 and is 43 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 split level style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1505 Liberty Drive has 1,072 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 basement is 528 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,868 square feet.

Learn more about the property and building on this page. There is a porch. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 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, 1505 Liberty Drive sold most recently in Mar 29, 2012 for a total of $98,500. If you work out the math, that's approximately a cost of $91.88 per sqft. 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 $2,548 in taxes each year. 1505 Liberty Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $152,459. If we break it down further, the land itself was valued at $13,585. Improvements to the property, however, were assessed at a total of $138,874. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 528
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,868
  • Total Building Area: 1,072
  • Gross Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN HEIGHTS SECOND ADD
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 00002608 LOT 50 WESTERN HEIGHTS SECOND ADD

Ownership

  • Current Owner : GRAYEK MONTE J
  • Previous Owner : PARIS THOMAS H
  • Previous Owner 2: PARIS DEBORAH K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington Public Schools
  • School Tax School District: 495
  • Census Tract: 968400

Zoning

  • Zoning: 01-SINGLE

Geography

  • District: 3556
  • Parcel: 240135717
  • Lot: 50
  • Municipality: LEXINGTON 495
  • Latitude: 40.7891
  • Longitude: -99.7626

    Address

  • Full Address: 1505 Liberty Dr
  • Address - House Number: 1505
  • Address - Street Name: Liberty
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Lexington
  • Carrier Code: H084
  • 4-Digit Zip Code: 1160
  • Zip Code: 68850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,548
  • Tax Rate Code Area: 495

    Appraisal Valuation

  • Standard Deviation: 0.475
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 4
  • Final Value: 177,658
  • High Value: 262,054
  • Low Value: 93,261

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $100,250
  • First Open Lien Mortgage Lender: HOME FEDERAL SAVINGS AND LOAN
  • First Open Lien Mortgage Recording Date: Mar 29, 2012
  • First Open Lien Mortgage Loan Amount: $96,250
  • 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: Apr 01, 2042
  • Second Open Lien Mortgage Lender: FEDERAL HOME LOAN BANK OF TOPE
  • Second Open Lien Mortgage Recording Date: Mar 29, 2012
  • Second Open Lien Mortgage Loan Amount: $4,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $152,459
  • Market Land Value: $13,585
  • Market Improvement Value: $138,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,459
  • Assessed Land Value: $13,585
  • Assessed Improvements Value: $138,874

    Sales

  • Current Sale Contract Date: Mar 29, 2012
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Transaction ID: 11463265070
  • Current Sale Price: $98,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-1028

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL SAVINGS AND LOAN
  • First Mortgage Transaction Date: Mar 29, 2012
  • First Mortgage Loan Amount: $96,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042
  • Second Mortgage Lender: FEDERAL HOME LOAN BANK OF TOPE
  • Second Mortgage Loan Amount: $4,000
  • Second Mortgage Terms: 360

About Lexington



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Frequently Asked Questions

What neighborhood is 1505 Liberty Drive located in?
The 1505 Liberty Drive is a located in the neighborhood of Dawson in Lexington, Lexington.
What is the average sales price for listings in 1505 Liberty Drive?
The average sales price for units in 1505 Liberty Drive is $0 currently.

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