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3824 South 40th Street

3824 South 40th Street, Lincoln, NE 68506
Property in Lancaster
Sold Jun 11, 2015
$233,000
$209,250 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2045
Sold Dec 02, 2002
$154,000
$70,000 by Lincoln Fsb Of Nebraska
Mortgage Due Dec 01, 2032
3824 South 40th 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 1910 and is 114 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, 3824 South 40th Street has 2,764 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 1,104 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 2,610 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 31,335 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 detached garage for those who require parking. The garage measured 400 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. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3824 South 40th Street sold most recently in Jun 4, 2015 for a total of $233,000. If you work out the math, that's approximately a cost of $67.19 per sqft. Before that, the property was also sold for $154,000 in Nov 22, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,317 in taxes each year. 3824 South 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $371,100. If we break it down further, the land itself was valued at $96,000. Improvements to the property, however, were assessed at a total of $275,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,104
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,335
  • Lot Size Depth Feet: 2,610
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,468
  • Gross Building Area: 3,628
  • Building Area: 2,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNION ADDITION TO COLLEGE VIEW
  • Land Acres: 0.719
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNION ADDITION TO COLLEGE VIEW, LOT 28, S120 N226

Ownership

  • Current Owner : JOHNSON CRAIG
  • Current Owner 2: JOHNSON STEPHANIE
  • Previous Owner : BARRATT DENNIS G
  • Previous Owner 2: BARRATT LEONA R
  • Owner Before Previous Owner: NESJA DONALD KEITH
  • Owner Before Previous Owner 2: NESJA JODY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 002701

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-05-327-002-000
  • Lot: 28
  • Latitude: 40.7746
  • Longitude: -96.663

    Address

  • Full Address: 3824 S 40th St
  • Address - House Number: 3824
  • Street Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C004
  • 4-Digit Zip Code: 4205
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,317
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1483
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 82
  • Final Value: 383,987
  • High Value: 440,959
  • Low Value: 327,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2015
  • First Open Lien Mortgage Loan Amount: $209,250
  • 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: Jul 01, 2045

    Market Valuation

  • Market Total Value: $371,100
  • Market Land Value: $96,000
  • Market Improvement Value: $275,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,100
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $275,100

    Sales

  • Current Sale Contract Date: Jun 04, 2015
  • Current Sale Recording Date: Jun 11, 2015
  • Current Sale Transaction ID: 1273401389
  • Current Sale Price: $233,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015023945
  • Previous Sale Recording Date: Dec 02, 2002
  • Previous Sale Contract Date: Nov 22, 2002
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 11, 2015
  • First Mortgage Loan Amount: $209,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: LINCOLN FSB OF NEBRASKA
  • Previous Mortgage Transaction Date: Dec 02, 2002
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Lincoln



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Frequently Asked Questions

What neighborhood is 3824 South 40th Street located in?
The 3824 South 40th Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 3824 South 40th Street?
The average sales price for units in 3824 South 40th Street is $0 currently.

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