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2720 South 38th Street

2720 South 38th Street, Lincoln, NE 68506
House in Lancaster
Sold Sep 01, 2021
$212,000
$159,000 by Us Bank Na
Mortgage Due Sep 01, 2051
Sold Sep 15, 2020
$183,000
$177,025 by Gershman Investment Corp
Mortgage Due Oct 01, 2050
Local assessors in Lincoln, NE have categorized 2720 South 38th Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 8,542 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 610 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 2 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 is one full bathroom. There are also 2 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 2720 South 38th Street has a total of 1,349 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 partial basement that is 899 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 attached garage for those who need a place to park their vehicle. The garage on the property is 273 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 2720 South 38th Street sold most recently in Aug 27, 2021 for a total of $212,000. If you work out the math, that's approximately a cost of $102.37 per sqft. Before that, the property was also sold for $183,000 in Sep 2, 2020. 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 $2,864 in taxes each year. 2720 South 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,900. 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 $159,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1958
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 899
  • Garage Type: Attached
  • Garage Square Area: 273
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,542
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,071
  • Gross Building Area: 2,071
  • Building Area: 1,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODS BROS HALF ACRES
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODS BROS HALF ACRES, LOT 181, N1/2

Ownership

  • Current Owner : JENSBY VALERIE D
  • Previous Owner : LAFRAMBOISE KYLE
  • Owner Before Previous Owner: JACKSON TYLER A
  • Owner Before Previous Owner 2: JACKSON AUDREY A

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 002500

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-31-428-004-000
  • Lot: 181
  • Latitude: 40.7857
  • Longitude: -96.6665

    Address

  • Full Address: 2720 S 38th St
  • Address - House Number: 2720
  • Street Direction: S
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C006
  • 4-Digit Zip Code: 3232
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,864
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 225,228
  • High Value: 266,552
  • Low Value: 183,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $159,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $197,900
  • Market Land Value: $38,000
  • Market Improvement Value: $159,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,900
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $159,900

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11853703891
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021053017
  • Previous Sale Recording Date: Sep 15, 2020
  • Previous Sale Contract Date: Sep 02, 2020
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $159,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GERSHMAN INVESTMENT CORP
  • Previous Mortgage Transaction Date: Sep 15, 2020
  • Previous Mortgage Loan Amount: $177,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Lincoln



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2720 South 38th Street located in?
The 2720 South 38th Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 2720 South 38th Street?
The average sales price for units in 2720 South 38th Street is $0 currently.

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