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321 B Street

321 B Street, Lincoln, NE 68502
Sold Dec 23, 2021
$111,000
$88,800 by Gershman Investment Corp
Mortgage Due Jan 01, 2062
Sold May 02, 2016
$61,000
$45,000 by Security First Bank
Mortgage Due May 05, 2021
321 B 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 1900 and is 124 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 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, 321 B Street has 736 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 1,420 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,105 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. Residents will have the luxury of enjoying a unknown. 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 D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of unknown. 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, 321 B Street was last sold in Dec 17, 2021 for $111,000. According to our calculations, that's $150.82 per sqft. Prior to that sales transaction, the property was sold for $61,000 in Apr 21, 2016. Current property owners are expected to pay $1,794 in taxes per year. The property on 321 B Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,500. To break that down further, the land itself was valued at $25,500. While improvements to the property were assessed at a total of $87,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,105
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 736
  • Gross Building Area: 736
  • Building Area: 736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN ORIGINAL
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN ORIGINAL, BLOCK 232, LOT 4

Ownership

  • Current Owner : SCHEMIKAU JILLIAN
  • Previous Owner : BLACK FOREST HOMES LLC
  • Owner Before Previous Owner: CARD JENNIFER E
  • Owner Before Previous Owner 2: CARD SHERMAN R

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 002100

Zoning

  • Zoning: R4

Geography

  • Parcel: 10-26-331-005-000
  • Block: 232
  • Lot: 4
  • Municipality: LINCOLN
  • Latitude: 40.8001
  • Longitude: -96.7168

    Address

  • Full Address: 321 B St
  • Address - House Number: 321
  • Address - Street Name: B
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C001
  • 4-Digit Zip Code: 1031
  • Zip Code: 68502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,794
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 135,597
  • High Value: 161,353
  • Low Value: 109,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,800
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $88,800
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2062

    Market Valuation

  • Market Total Value: $112,500
  • Market Land Value: $25,500
  • Market Improvement Value: $87,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,500
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $87,000

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875828385
  • Current Sale Price: $111,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021074590
  • Previous Sale Recording Date: May 02, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $88,800
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2062

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY FIRST BANK
  • Previous Mortgage Transaction Date: May 02, 2016
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 05, 2021

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 321 B Street located in?
The 321 B Street is a house located in the neighborhood of South Salt Creek in South Salt Creek, Lincoln.
What is the average sales price for listings in 321 B Street?
The average sales price for units in 321 B Street is $0 currently.

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