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341 South 27th Street

341 South 27th Street, Lincoln, NE 68510
Multifamily in Woods Park
1 Units For Sale
Unit for sale at 341 S 27 Street, Lincoln, NE 68510

$975,000

  • Studio
341 S 27 Street, Lincoln, NE 68510 Listing by Jason Opp

341 South 27th Street in Lincoln, NE was first built in 1974 and is 50 years old. This has been categorized as a commercial property type. There are a total of 3 floors. 341 South 27th Street has 3,201 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 14,758 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home 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, 341 South 27th Street was last sold in Oct 27, 2023 for $900,000. According to our calculations, that's $281.16 per sqft. Current property owners are expected to pay $12,797 in taxes per year. The property on 341 South 27th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $759,500. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $669,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Floor Count: 3
  • Living Units: 15
  • Business/Commerical Units Count: 15
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,758
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,201
  • Gross Building Area: 3,201
  • Building Area: 3,201
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: EAST SIDE ADDITION
  • Land Acres: 0.339
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: EAST SIDE ADDITION, LOT 1 - 2, & E1/2 VAC ALLEY ADJ

Ownership

  • Current Owner : JOHN GALT DEVELOPMENT LLC
  • Previous Owner : ESTATE OGARA ROBERT M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 001800

Zoning

  • Zoning: R4

Geography

  • Parcel: 10-25-241-001-000
  • Lot: 1-2
  • Municipality: LINCOLN
  • Latitude: 40.8103
  • Longitude: -96.6828

    Address

  • Full Address: 341 S 27th St
  • Address - House Number: 341
  • Street Direction: S
  • Address - Street Name: 27th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C003
  • 4-Digit Zip Code: 1300
  • Zip Code: 68510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,797
  • Tax Rate Code Area: 0001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: CITY BANK & TRUST CO.
  • First Open Lien Mortgage Recording Date: Oct 31, 2023
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: $759,500
  • Market Land Value: $90,000
  • Market Improvement Value: $669,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $759,500
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $669,500

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Transaction ID: 11915360357
  • Current Sale Price: $900,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 32654

    Last Sale Mortgage

  • First Mortgage Lender: CITY BANK & TRUST CO.
  • First Mortgage Transaction Date: Oct 31, 2023
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

About Woods Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 737 N 22nd St, Lincoln, NE, 68503

$886 /mo

  • 1 Bed
  • 1 Bath
737 N 22nd St, Lincoln, NE, 68503 Listing by RH Advisors TX

Frequently Asked Questions

What neighborhood is 341 South 27th Street located in?
The 341 South 27th Street is a multifamily located in the neighborhood of Woods Park in Woods Park, Lincoln.
How many listings are currently for sale in 341 South 27th Street?
There is one unit for sale right now.
What is the average sales price for listings in 341 South 27th Street?
The average sales price for units in 341 South 27th Street is $975,000 currently.

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