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1811 South 42nd Street

1811 South 42nd Street, Lincoln, NE 68506
Property in Lancaster
Sold May 28, 2020
$151,000
$148,166 by Moria Development Inc
Mortgage Due Jun 01, 2050
Sold Oct 14, 2014
$117,000
1811 South 42nd 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 1952 and is 72 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 4 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, 1811 South 42nd Street has 1,418 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 with daylight that is 768 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 1,200 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,998 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 280 sqft. According to our sources, there is one available parking space. 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 D 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. The property was last sold in May 14, 2020 for $151,000. That's $98.31 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2014 for $117,000. 1811 South 42nd Street was last assessed in 2023. The total value of the property was assessed at $181,200. Specifically, the land the property is located on was valued at $36,000. While improvements on the property were assessed at a total of $145,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,686. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • 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 with daylight
  • Basement Area: 768
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,418
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAULKNERS PARK PLACE
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAULKNERS PARK PLACE, LOT 21, S1/2 E1/2

Ownership

  • Current Owner : WILKINSON BRETT A
  • Current Owner 2: WILKINSON RACHEL
  • Previous Owner : CORTEY BRETT D
  • Previous Owner 2: COREY SARAH E
  • Owner Before Previous Owner: BROUILLETTE MARK A
  • Owner Before Previous Owner 2: BROUILLETTE RACHEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-32-108-024-000
  • Lot: 21
  • Latitude: 40.7942
  • Longitude: -96.6611

    Address

  • Full Address: 1811 S 42nd St
  • Address - House Number: 1811
  • Street Direction: S
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C012
  • 4-Digit Zip Code: 1112
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,686
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1978
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 219,758
  • High Value: 263,239
  • Low Value: 176,276

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $176,166
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: May 28, 2020
  • First Open Lien Mortgage Loan Amount: $148,166
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • Second Open Lien Mortgage Recording Date: Sep 22, 2022
  • Second Open Lien Mortgage Loan Amount: $28,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 21, 2042

    Market Valuation

  • Market Total Value: $181,200
  • Market Land Value: $36,000
  • Market Improvement Value: $145,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,200
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $145,200

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Transaction ID: 11764592316
  • Current Sale Price: $151,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020023642
  • Previous Sale Recording Date: Oct 14, 2014
  • Previous Sale Contract Date: Oct 03, 2014
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: May 28, 2020
  • First Mortgage Loan Amount: $148,166
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2050

About Lincoln



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Frequently Asked Questions

What neighborhood is 1811 South 42nd Street located in?
The 1811 South 42nd Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 1811 South 42nd Street?
The average sales price for units in 1811 South 42nd Street is $0 currently.

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