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2416 South 55th Street

2416 South 55th Street, Lincoln, NE 68506
Property in Lancaster
Sold Apr 26, 2016
$125,000
$125,000 by Bank Of The West
Mortgage Due May 01, 2046
Sold Dec 26, 2007
$117,000
$110,675 by Homeservices Lending Llc
Mortgage Due Jan 01, 2038
2416 South 55th 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 1963 and is 61 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 5 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, 2416 South 55th Street has 1,360 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 960 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 area measurement of the land has been determined as 6,898 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 260 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 roof of the building is 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. 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, 2416 South 55th Street sold most recently in Apr 16, 2016 for a total of $125,000. If you work out the math, that's approximately a cost of $57.34 per sqft. Before that, the property was also sold for $117,000 in Dec 17, 2007. 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 $3,160 in taxes each year. 2416 South 55th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,900. If we break it down further, the land itself was valued at $38,000. Improvements to the property, however, were assessed at a total of $155,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,898
  • Total Building Area: 2,180
  • Gross Building Area: 2,240
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: H & S REPLAT
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H & S REPLAT - B26 NORMAL, LOT 9

Ownership

  • Current Owner : WALDBAIM BENJAMIN J
  • Current Owner 2: WALDBAIM JAMIE K
  • Previous Owner : PFEIFFER RICHARD L
  • Owner Before Previous Owner: KRUSE THOMAS A
  • Owner Before Previous Owner 2: KRUSE GAYLE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-32-420-005-000
  • Lot: 9
  • Latitude: 40.7877
  • Longitude: -96.6451

    Address

  • Full Address: 2416 S 55th St
  • Address - House Number: 2416
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C008
  • 4-Digit Zip Code: 2629
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,160

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 233,758
  • High Value: 287,752
  • Low Value: 179,763

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Apr 26, 2016
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $193,900
  • Market Land Value: $38,000
  • Market Improvement Value: $155,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,900
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $155,900

    Sales

  • Current Sale Contract Date: Apr 16, 2016
  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Transaction ID: 1533473382
  • Current Sale Price: $125,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2016015227
  • Previous Sale Recording Date: Dec 26, 2007
  • Previous Sale Contract Date: Dec 17, 2007
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Apr 26, 2016
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Dec 26, 2007
  • Previous Mortgage Loan Amount: $110,675
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

About Lincoln



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Frequently Asked Questions

What neighborhood is 2416 South 55th Street located in?
The 2416 South 55th Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 2416 South 55th Street?
The average sales price for units in 2416 South 55th Street is $0 currently.

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