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509 South 27th Street

509 South 27th Street, Lincoln, NE 68510
Multifamily in Woods Park
1 Units For Sale
Unit for sale at 509 S 27th Street, Lincoln, NE 68510

$165,000 ↓ $10K

  • 3 Beds
  • 2 Baths
509 S 27th Street, Lincoln, NE 68510 Listing by Jason Opp

509 South 27th 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 1900 and is 124 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 509 South 27th Street has 2,778 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 960 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 1,420 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,098 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 carport for those who require parking. The garage measured 324 sqft. 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 hip style roof made of composition shingle. The exterior walls of the building are made of unknown. 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. Tax-wise, the current owner is expected to pay close to $3,557 in taxes each year. 509 South 27th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $248,500. 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 $208,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior
Vinyl Siding
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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 960
  • Garage Type: Carport
  • Garage Square Area: 324
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,098
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,646
  • Gross Building Area: 3,932
  • Building Area: 2,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELM PARK
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELM PARK, BLOCK 3, LOT 8

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 001600

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-30-111-017-000
  • Block: 3
  • Lot: 8
  • Municipality: LINCOLN
  • Latitude: 40.8088
  • Longitude: -96.6813

    Address

  • Full Address: 509 S 28th St
  • Address - House Number: 509
  • Street Direction: S
  • Address - Street Name: 28th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C007
  • 4-Digit Zip Code: 1328
  • Zip Code: 68510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,557
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 257,290
  • High Value: 304,497
  • Low Value: 210,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK NEBRASKA
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $248,500
  • Market Land Value: $40,000
  • Market Improvement Value: $208,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,500
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $208,500

About Woods Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 509 South 27th Street located in?
The 509 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 509 South 27th Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 509 South 27th Street?
The average sales price for units in 509 South 27th Street is $165,000 currently.

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