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2857 North 87th Street

2857 North 87th Street, Lincoln, NE 68507
Property in Lancaster
Sold May 15, 2018
$193,000
Sold Sep 09, 2016
$171,000
$167,755 by Quicken Loans Inc
Mortgage Due Oct 01, 2046
2857 North 87th 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 2016 and is 8 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 3 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, 2857 North 87th Street has 1,738 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 1,228 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 3,696 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 430 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 C 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. 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, 2857 North 87th Street was last sold in May 8, 2018 for $193,000. According to our calculations, that's $66.64 per sqft. Prior to that sales transaction, the property was sold for $171,000 in Sep 1, 2016. Current property owners are expected to pay $4,460 in taxes per year. The property on 2857 North 87th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $236,900. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $201,900. 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: 2016
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,228
  • Garage Type: Attached
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,696
  • Total Building Area: 2,896
  • Gross Building Area: 2,896
  • Building Area: 1,738
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,738
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE VILLAGE NORTH 12TH ADDITION
  • Land Acres: 0.085
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PRAIRIE VILLAGE NORTH 12TH ADDITION, LOT 7

Ownership

  • Current Owner : D K MICKEY PROPERTIES LLC
  • Previous Owner : BAUER JULIE A
  • Owner Before Previous Owner: PRAIRIE HOME BUILDERS INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003728

Zoning

  • Zoning: R3

Geography

  • Parcel: 17-14-135-007-000
  • Lot: 7
  • Latitude: 40.8408
  • Longitude: -96.6027

    Address

  • Full Address: 2857 N 87th St
  • Address - House Number: 2857
  • Street Direction: N
  • Address - Street Name: 87th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R058
  • 4-Digit Zip Code: 3444
  • Zip Code: 68507

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,460
  • Tax Rate Code Area: 0205

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 297,079
  • High Value: 347,168
  • Low Value: 246,990

    Market Valuation

  • Market Total Value: $236,900
  • Market Land Value: $35,000
  • Market Improvement Value: $201,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,900
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $201,900

    Sales

  • Current Sale Contract Date: May 08, 2018
  • Current Sale Recording Date: May 15, 2018
  • Current Sale Transaction ID: 11464380446
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018018101
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: May 15, 2018
  • First Mortgage Loan Amount: $175,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Sep 09, 2016
  • Previous Mortgage Loan Amount: $167,755
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Lincoln



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Frequently Asked Questions

What neighborhood is 2857 North 87th Street located in?
The 2857 North 87th Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 2857 North 87th Street?
The average sales price for units in 2857 North 87th Street is $0 currently.

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