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2227 South 47th Street

2227 South 47th Street, Lincoln, NE 68506
House in Lancaster
Sold Sep 08, 2015
$141,000
$191,290 by Gershman Investment Corp
Mortgage Due Mar 01, 2052
Sold Apr 11, 2011
$110,000
$104,500 by First Mortgage Company Llc
Mortgage Due May 01, 2041
2227 South 47th 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 1926 and is 98 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2227 South 47th Street has 1,906 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 that is 728 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 1,380 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,916 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 528 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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 a combination of material. 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 Sep 2, 2015 for $141,000. That's $64.56 per sqft. Prior to that sales transaction, the property was also sold in Feb 24, 2011 for $110,000. 2227 South 47th Street was last assessed in 2023. The total value of the property was assessed at $216,800. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $176,800. 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 $3,220. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,916
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEYMOUR ADDITION TO NORMAL
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEYMOUR ADDITION TO NORMAL, LOT 29

Ownership

  • Current Owner : ROSS JONATHAN C
  • Current Owner 2: ROSS KELLI M
  • Previous Owner : GIBBS RYAN A
  • Previous Owner 2: GIBBS MEGAN R
  • Owner Before Previous Owner: ENGLAND ERIK D
  • Owner Before Previous Owner 2: POYER TRACEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-32-319-004-000
  • Lot: 29
  • Latitude: 40.7898
  • Longitude: -96.6553

    Address

  • Full Address: 2227 S 47th St
  • Address - House Number: 2227
  • Street Direction: S
  • Address - Street Name: 47th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C008
  • 4-Digit Zip Code: 5504
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,220
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.0903
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 92
  • Final Value: 229,818
  • High Value: 250,580
  • Low Value: 209,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,290
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $191,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $216,800
  • Market Land Value: $40,000
  • Market Improvement Value: $176,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,800
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Contract Date: Sep 02, 2015
  • Current Sale Recording Date: Sep 08, 2015
  • Current Sale Transaction ID: 1291218555
  • Current Sale Price: $141,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015038157
  • Previous Sale Recording Date: Apr 11, 2011
  • Previous Sale Contract Date: Feb 24, 2011
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Sep 08, 2015
  • First Mortgage Loan Amount: $138,446
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Apr 11, 2011
  • Previous Mortgage Loan Amount: $104,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

About Lincoln



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Frequently Asked Questions

What neighborhood is 2227 South 47th Street located in?
The 2227 South 47th Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 2227 South 47th Street?
The average sales price for units in 2227 South 47th Street is $0 currently.

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