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2511 South 37th Street

2511 South 37th Street, Lincoln, NE 68506
Property in Lancaster
Sold Dec 21, 2018
$161,000
$148,000 by Frontier Bank
Mortgage
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The property has no active listings. Please see other similar options below.
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Local assessors in Lincoln, NE have categorized 2511 South 37th Street as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 8,406 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2511 South 37th Street has a total of 1,640 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 840 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 2511 South 37th Street was last sold in Dec 7, 2018 for $161,000. According to our calculations, that's $95.83 per sqft. Current property owners are expected to pay $3,113 in taxes per year. The property on 2511 South 37th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $193,400. To break that down further, the land itself was valued at $52,000. While improvements to the property were assessed at a total of $141,400. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement with daylight
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,406
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HANSON TERRACE
  • Land Acres: 0.193
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HANSON TERRACE, BLOCK 1, LOT 8

Ownership

  • Current Owner : HAYES VICKI
  • Previous Owner : MILLS MARILYN J

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 002500

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-31-412-008-000
  • Block: 1
  • Lot: 8
  • Municipality: LINCOLN
  • Latitude: 40.7878
  • Longitude: -96.6683

    Address

  • Full Address: 2511 S 37th St
  • Address - House Number: 2511
  • Street Direction: S
  • Address - Street Name: 37th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C006
  • 4-Digit Zip Code: 6636
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,113
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 259,777
  • High Value: 305,144
  • Low Value: 214,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: FRONTIER BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $193,400
  • Market Land Value: $52,000
  • Market Improvement Value: $141,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,400
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $141,400

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11546091237
  • Current Sale Price: $161,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018050003

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2034

About Lincoln



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Frequently Asked Questions

What neighborhood is 2511 South 37th Street located in?
The 2511 South 37th Street is a other located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 2511 South 37th Street?
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