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1625 South 16th Street

1625 South 16th Street, Lincoln, NE 68502
House in Near South
Sold Sep 06, 2019
$170,000
$184,900 by Moria Development Inc
Mortgage Due Sep 01, 2049
Sold Jun 19, 2018
$35,000
Seller
1625 South 16th 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 3 bedrooms. Residents will have access to 3 full bathrooms. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1625 South 16th Street has 1,344 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 full basement that is 672 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 1,470 ft and across the front of the lot is 490 ft. The area measurement of the land has been determined as 6,970 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. Residents will have the luxury of enjoying a porch. 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 alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system. 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, 1625 South 16th Street was last sold in Jun 29, 2019 for $170,000. According to our calculations, that's $126.49 per sqft. Prior to that sales transaction, the property was sold for $35,000 in Jun 14, 2018. Current property owners are expected to pay $2,110 in taxes per year. The property on 1625 South 16th Street was last assessed in 2019. As a result of that assessment, the total value of the property was placed at $110,400. To break that down further, the land itself was valued at $17,500. While improvements to the property were assessed at a total of $92,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 672
  • Parking Space Count: 0
  • Porch Type: Porch
  • Location Influence Type: High traffic area

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURRS (C C) SUBDIVISION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURRS (C C) SUBDIVISION, BLOCK 2, LOT 4

Ownership

  • Current Owner : OLIVARES MARTHA SILVA
  • Previous Owner : KHAIRO FERYAL
  • Owner Before Previous Owner: HBI L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 002200

Zoning

  • Zoning: R2

Geography

  • Parcel: 10-36-112-012-000
  • Block: 2
  • Lot: 4
  • Municipality: LINCOLN
  • Latitude: 40.7966
  • Longitude: -96.6987

    Address

  • Full Address: 1625 S 16th St
  • Address - House Number: 1625
  • Street Direction: S
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C014
  • 4-Digit Zip Code: 2423
  • Zip Code: 68502

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $2,110
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jan 15, 2020
  • Confidence Score: 85
  • Final Value: 120,284
  • High Value: 141,890
  • Low Value: 98,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,900
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Sep 06, 2019
  • First Open Lien Mortgage Loan Amount: $184,900
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $110,400
  • Market Land Value: $17,500
  • Market Improvement Value: $92,900

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $110,400
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $92,900

    Sales

  • Current Sale Contract Date: Jun 29, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Transaction ID: 11645838624
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019034393
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Contract Date: Jun 14, 2018
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Sep 06, 2019
  • First Mortgage Loan Amount: $184,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

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Frequently Asked Questions

What neighborhood is 1625 South 16th Street located in?
The 1625 South 16th Street is a house located in the neighborhood of Near South in Near South, Lincoln.
What is the average sales price for listings in 1625 South 16th Street?
The average sales price for units in 1625 South 16th Street is $0 currently.

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