1525 16th Street

1525 16th Street in Central City, NE was first built in 1900 and is 124 years old. This has been categorized as a commercial property type. There are a total of 3 floors. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 10,200 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a flat style roof made of roll composition. 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 brick 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 brick. Walk into the home itself and you'll find that it is currently being cooled with 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, 1525 16th Street sold most recently in Sep 26, 2014 for a total of $150,000. If you work out the math, that's approximately a cost of $31.12 per sqft. Before that, the property was also sold for $75,000 in Oct 12, 2008. 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 $2,857 in taxes each year. 1525 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,460. If we break it down further, the land itself was valued at $20,200. Improvements to the property, however, were assessed at a total of $177,260. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.