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3511 Merritt Drive

3511 Merritt Drive, Lincoln, NE 68506
House in Lancaster
Sold Aug 17, 2020
$235,000
$211,500 by Liberty First Cu
Mortgage Due Sep 01, 2050
Sold Mar 27, 2018
$193,500
$204,250 by Nebraska Bank Of Commerce
Mortgage Due Apr 01, 2048
3511 Merritt Drive 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 1966 and is 58 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. In addition, 3511 Merritt Drive has 1,873 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 with daylight that is 729 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 9,925 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 594 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 C by the local assessor. The building has a gable style roof 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. The property was last sold in Aug 13, 2020 for $235,000. That's $88.81 per sqft. Prior to that sales transaction, the property was also sold in Mar 19, 2018 for $193,500. 3511 Merritt Drive was last assessed in 2023. The total value of the property was assessed at $245,200. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $190,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,977. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 729
  • Garage Type: Attached
  • Garage Square Area: 594
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,925
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,646
  • Gross Building Area: 2,814
  • Building Area: 1,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROADVIEW FIRST SUBDIVISION
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROADVIEW FIRST SUBDIVISION, BLOCK 2, LOT 2

Ownership

  • Current Owner : BAUERS STEVEN
  • Current Owner 2: BAUERS VIRGINIA
  • Previous Owner : GARAY LUIS D
  • Previous Owner 2: GARAY WILLA
  • Owner Before Previous Owner: WILKINSON ERIC
  • Owner Before Previous Owner 2: WILKINSON STACY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 16-06-214-002-000
  • Block: 2
  • Lot: 2
  • Latitude: 40.7779
  • Longitude: -96.6711

    Address

  • Full Address: 3511 Merritt Dr
  • Address - House Number: 3511
  • Address - Street Name: Merritt
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C014
  • 4-Digit Zip Code: 5746
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,977
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 300,889
  • High Value: 351,291
  • Low Value: 250,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,500
  • First Open Lien Mortgage Lender: LIBERTY FIRST CU
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $211,500
  • 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, 2050

    Market Valuation

  • Market Total Value: $245,200
  • Market Land Value: $55,000
  • Market Improvement Value: $190,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $190,200

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11783355224
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020040860
  • Previous Sale Recording Date: Mar 27, 2018
  • Previous Sale Contract Date: Mar 19, 2018
  • Previous Sale Amount: $193,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY FIRST CU
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $211,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEBRASKA BANK OF COMMERCE
  • Previous Mortgage Transaction Date: Mar 27, 2018
  • Previous Mortgage Loan Amount: $204,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Lincoln



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Frequently Asked Questions

What neighborhood is 3511 Merritt Drive located in?
The 3511 Merritt Drive is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 3511 Merritt Drive?
The average sales price for units in 3511 Merritt Drive is $0 currently.

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