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447 South 55th Street

447 South 55th Street, Lincoln, NE 68510
Property in Lancaster
Sold Jul 26, 2019
$133,000
$129,000 by Charter West Bank
Mortgage Due Aug 01, 2049
Sold Apr 30, 2014
$89,000
$87,289 by Centris Fcu
Mortgage Due May 01, 2044
447 South 55th 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 1956 and is 68 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 4 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, 447 South 55th Street has 1,400 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 800 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 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,837 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 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 D 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. 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, 447 South 55th Street sold most recently in Jul 26, 2019 for a total of $133,000. If you work out the math, that's approximately a cost of $83.13 per sqft. Before that, the property was also sold for $89,000 in Apr 12, 2014. 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 $2,605 in taxes each year. 447 South 55th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,800. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $144,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 800
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,837
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANDOLPH ACRES
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANDOLPH ACRES, LOT 25, E135 S10.3 & E135 N40 LOT 26

Ownership

  • Current Owner : LENZ MARY
  • Previous Owner : SEYERSDAHL BRIAN R
  • Previous Owner 2: SEYERSDAHL LACEY K
  • Owner Before Previous Owner: THOMAS JASON R
  • Owner Before Previous Owner 2: THOMAS IVONNE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001400

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-29-216-019-000
  • Lot: 25,26
  • Latitude: 40.8089
  • Longitude: -96.6456

    Address

  • Full Address: 447 S 55th St
  • Address - House Number: 447
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C016
  • 4-Digit Zip Code: 2009
  • Zip Code: 68510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,605
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 214,749
  • High Value: 257,653
  • Low Value: 171,845

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $162,749
  • First Open Lien Mortgage Lender: CHARTER WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2019
  • First Open Lien Mortgage Loan Amount: $129,000
  • 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: Aug 01, 2049
  • Second Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jun 08, 2023
  • Second Open Lien Mortgage Loan Amount: $33,749
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: May 03, 2053

    Market Valuation

  • Market Total Value: $184,800
  • Market Land Value: $40,000
  • Market Improvement Value: $144,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,800
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $144,800

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11633568144
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019027407
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Contract Date: Apr 12, 2014
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHARTER WEST BANK
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $129,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CENTRIS FCU
  • Previous Mortgage Transaction Date: Apr 30, 2014
  • Previous Mortgage Loan Amount: $87,289
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2044

About Lincoln



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 447 South 55th Street located in?
The 447 South 55th Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 447 South 55th Street?
The average sales price for units in 447 South 55th Street is $0 currently.

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