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2424 Garfield Street

2424 Garfield Street, Lincoln, NE 68502
Property in Near South
Sold Aug 03, 2022
$275,000
$247,500 by Exchange Bank
Mortgage Due Aug 01, 2029
Sold Jul 25, 2016
$178,000
$174,775 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2046
2424 Garfield 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 1917 and is 107 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2424 Garfield Street has 2,954 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 1,112 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 6,201 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 detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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 masonry 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 roof of the building is made of composition shingle. The exterior walls of the building are made of masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 27, 2022 for $275,000. That's $73.85 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2016 for $178,000. 2424 Garfield Street was last assessed in 2023. The total value of the property was assessed at $264,500. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $229,500. 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 $4,336. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,112
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,201
  • Total Building Area: 3,724
  • Gross Building Area: 3,954
  • Building Area: 2,954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,954
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAULKNERS SUBDIVISION
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAULKNERS SUBDIVISION, LOT A - B, W1/2

Ownership

  • Current Owner : STRONG PAUL
  • Previous Owner : BENJAMIN A WEESE REVOCABLE TRUST
  • Owner Before Previous Owner: GALUSHA JACK L
  • Owner Before Previous Owner 2: GALUSHA CYNTHIA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 002300

Zoning

  • Zoning: R2

Geography

  • Parcel: 10-36-210-012-000
  • Latitude: 40.7968
  • Longitude: -96.6858

    Address

  • Full Address: 2424 Garfield St
  • Address - House Number: 2424
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C008
  • 4-Digit Zip Code: 2931
  • Zip Code: 68502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,336

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 309,827
  • High Value: 362,604
  • Low Value: 257,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,500
  • First Open Lien Mortgage Lender: EXCHANGE BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $247,500
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2029

    Market Valuation

  • Market Total Value: $264,500
  • Market Land Value: $35,000
  • Market Improvement Value: $229,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,500
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $229,500

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11893726312
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 33559
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jul 13, 2016
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EXCHANGE BANK
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $247,500
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 25, 2016
  • Previous Mortgage Loan Amount: $174,775
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Near South



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Frequently Asked Questions

What neighborhood is 2424 Garfield Street located in?
The 2424 Garfield Street is a located in the neighborhood of Near South in Near South, Lincoln.
What is the average sales price for listings in 2424 Garfield Street?
The average sales price for units in 2424 Garfield Street is $0 currently.

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