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2825 North 47th Street

2825 North 47th Street, Lincoln, NE 68504
Multifamily in University Place
2825 North 47th Street has been categorized by the local assessors in Lincoln, NE as a commercial type of property. The building on the property was first built in 1972 and is 52 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2825 North 47th Street has 3,330 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 500 ft and across the front of the lot is 1,420 ft. The area measurement of the land has been determined as 7,110 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. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 brick control joints. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a forced air unit. 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, 2825 North 47th Street was last sold in Feb 20, 2020 for $260,000. According to our calculations, that's $78.08 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Jul 29, 2014. Current property owners are expected to pay $5,623 in taxes per year. The property on 2825 North 47th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $295,500. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $250,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191111
11/11/2019
Studio
-
-
$259,900
bedrooms
Studio
bathrooms
-
$260,000 +0.04%
02/25/2020
-
Jason Opp

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Type: Unspecified basement
  • Basement Area: 256
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,110
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 3,330
  • Gross Building Area: 3,330
  • Building Area: 3,330
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: UNIVERSITY PLACE
  • Land Acres: 0.163
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: UNIVERSITY PLACE, BLOCK 47, LOT 1

Ownership

  • Current Owner : SELIVANOFF PROPERTY SOLUTIONS LLC
  • Previous Owner : SSZ APARTMENTS LLC
  • Owner Before Previous Owner: LWLC LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 000300

Zoning

  • Zoning: R4

Geography

  • Parcel: 17-17-112-001-000
  • Block: 47
  • Lot: 1
  • Municipality: LINCOLN
  • Latitude: 40.841
  • Longitude: -96.6552

    Address

  • Full Address: 2825 N 47th St
  • Address - House Number: 2825
  • Street Direction: N
  • Address - Street Name: 47th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C010
  • 4-Digit Zip Code: 2633
  • Zip Code: 68504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,623
  • Tax Rate Code Area: 0001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,920
  • First Open Lien Mortgage Lender: CORNHUSKER BANK
  • First Open Lien Mortgage Recording Date: Feb 25, 2020
  • First Open Lien Mortgage Loan Amount: $207,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $295,500
  • Market Land Value: $45,000
  • Market Improvement Value: $250,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,500
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $250,500

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Feb 25, 2020
  • Current Sale Transaction ID: 11743837060
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020007972
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Contract Date: Jul 29, 2014
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNHUSKER BANK
  • First Mortgage Transaction Date: Feb 25, 2020
  • First Mortgage Loan Amount: $207,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About University Place



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Frequently Asked Questions

What neighborhood is 2825 North 47th Street located in?
The 2825 North 47th Street is a multifamily located in the neighborhood of University Place in University Place, Lincoln.
What is the average sales price for listings in 2825 North 47th Street?
The average sales price for units in 2825 North 47th Street is $259,900 currently.

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