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1561 South Cotner Boulevard

1561 South Cotner Boulevard, Lincoln, NE 68506
House in Lancaster
Sold Oct 08, 2018
$135,000
$130,611 by Liberty First Cu
Mortgage Due Nov 01, 2048
Sold Oct 13, 2003
$105,000
$84,000 by Union Bank & Trust Co
Mortgage Due Nov 01, 2033
Local assessors in Lincoln, NE have categorized 1561 South Cotner Boulevard as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 10,547 square feet. The linear feet between the front and back of the lot was measured at 1,820 ft and the front of the lot was measured at 560 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1561 South Cotner Boulevard has a total of 1,488 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,088 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1561 South Cotner Boulevard was last sold in Oct 2, 2018 for $135,000. According to our calculations, that's $62.04 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Oct 8, 2003. Current property owners are expected to pay $2,503 in taxes per year. The property on 1561 South Cotner Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,200. To break that down further, the land itself was valued at $28,800. While improvements to the property were assessed at a total of $126,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 1,088
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,547
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,176
  • Gross Building Area: 2,366
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIMBALLCREST
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KIMBALLCREST, BLOCK 1, LOT 18

Ownership

  • Current Owner : DEFORD RANDALL R
  • Previous Owner : KOERNER PAUL T
  • Previous Owner 2: SCHIEFEN KOERNER JANET L
  • Owner Before Previous Owner: SCHROEDER NAOMI E
  • Owner Before Previous Owner 2: SCHROEDER ROBERT E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001500

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-32-102-011-000
  • Block: 1
  • Lot: 18
  • Latitude: 40.797
  • Longitude: -96.6554

    Address

  • Full Address: 1561 S Cotner Blvd
  • Address - House Number: 1561
  • Street Direction: S
  • Address - Street Name: Cotner
  • Address - Suffix Type: Blvd
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C007
  • 4-Digit Zip Code: 1233
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,503
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1978
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 218,206
  • High Value: 261,380
  • Low Value: 175,031

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $153,694
  • First Open Lien Mortgage Lender: LIBERTY FIRST CU
  • First Open Lien Mortgage Recording Date: Oct 08, 2018
  • First Open Lien Mortgage Loan Amount: $130,611
  • 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: Nov 01, 2048
  • Second Open Lien Mortgage Lender: HOME LOAN AND INVESTMENT BANK
  • Second Open Lien Mortgage Recording Date: Mar 27, 2019
  • Second Open Lien Mortgage Loan Amount: $23,083
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Mar 18, 2029

    Market Valuation

  • Market Total Value: $155,200
  • Market Land Value: $28,800
  • Market Improvement Value: $126,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,200
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $126,400

    Sales

  • Current Sale Contract Date: Oct 02, 2018
  • Current Sale Recording Date: Oct 08, 2018
  • Current Sale Transaction ID: 11521152434
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018040273
  • Previous Sale Recording Date: Oct 13, 2003
  • Previous Sale Contract Date: Oct 08, 2003
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY FIRST CU
  • First Mortgage Transaction Date: Oct 08, 2018
  • First Mortgage Loan Amount: $130,611
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 13, 2003
  • Previous Mortgage Loan Amount: $84,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033

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Frequently Asked Questions

What neighborhood is 1561 South Cotner Boulevard located in?
The 1561 South Cotner Boulevard is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 1561 South Cotner Boulevard?
The average sales price for units in 1561 South Cotner Boulevard is $0 currently.

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