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3559 Potomac Lane

3559 Potomac Lane, Lincoln, NE 68516
House in Lancaster
Sold Apr 24, 2020
$595,000
$476,000 by First State Bank
Mortgage Due May 01, 2050
Sold Jun 30, 2017
$650,000
$424,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2047
3559 Potomac Lane 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 1998 and is 26 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3559 Potomac Lane has 5,682 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 full basement with daylight that is 2,431 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 linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 970 ft. The area measurement of the land has been determined as 12,709 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 712 sqft. According to our sources, there are a total of 3 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 B 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3559 Potomac Lane was last sold in Apr 13, 2020 for $595,000. According to our calculations, that's $84.70 per sqft. Prior to that sales transaction, the property was sold for $650,000 in Jun 28, 2017. Current property owners are expected to pay $11,307 in taxes per year. The property on 3559 Potomac Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $769,300. To break that down further, the land itself was valued at $132,500. While improvements to the property were assessed at a total of $636,800. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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 / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 2,431
  • Garage Type: Attached
  • Garage Square Area: 712
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,709
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 970
  • Total Building Area: 7,025
  • Gross Building Area: 7,313
  • Building Area: 5,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSBURG VILLAGE 16TH ADDITION
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLIAMSBURG VILLAGE 16TH ADDITION, BLOCK 2, LOT 4

Ownership

  • Current Owner : SCHAHAN ANDREW G
  • Current Owner 2: SCHAHAN DANIELLE K
  • Previous Owner : WEEKS JACKS
  • Previous Owner 2: WEEKS TIFFANY L
  • Owner Before Previous Owner: REIER ANN C
  • Owner Before Previous Owner 2: REIER RICHARD C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003708

Zoning

  • Zoning: R3

Geography

  • Parcel: 16-18-445-004-000
  • Block: 2
  • Lot: 4
  • Latitude: 40.7442
  • Longitude: -96.6688

    Address

  • Full Address: 3559 Potomac Ln
  • Address - House Number: 3559
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ln
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R016
  • 4-Digit Zip Code: 5453
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,307
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 764,556
  • High Value: 876,930
  • Low Value: 652,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $769,300
  • Market Land Value: $132,500
  • Market Improvement Value: $636,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $769,300
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $636,800

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11757544008
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020017385
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 30, 2017
  • Previous Mortgage Loan Amount: $424,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Lincoln



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Frequently Asked Questions

What neighborhood is 3559 Potomac Lane located in?
The 3559 Potomac Lane is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 3559 Potomac Lane?
The average sales price for units in 3559 Potomac Lane is $0 currently.

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