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5131 North 73rd Street

5131 North 73rd Street, Lincoln, NE 68507
Property in Norwood Park
Sold Dec 09, 2019
$165,000
$132,000 by Lincoln Federal Savings Bank O
Mortgage Due Jan 01, 2050
5131 North 73rd Street in Lincoln, NE was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 5131 North 73rd Street has 1,425 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 925 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 10,651 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 5131 North 73rd Street sold most recently in Dec 2, 2019 for a total of $165,000. If you work out the math, that's approximately a cost of $89.19 per sqft. 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 $3,011 in taxes each year. 5131 North 73rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,600. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $143,600. 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: 1963
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 925
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,651
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,850
  • Gross Building Area: 2,249
  • Building Area: 1,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADDITION NORWOOD PARK
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIRST ADDITION NORWOOD PARK, BLOCK 32, LOT 1 - 3, S1/2

Ownership

  • Current Owner : MORRIS MICHELLE R
  • Current Owner 2: MORRIS JAMES R
  • Previous Owner : DARR LARRY
  • Previous Owner 2: DARR CHERIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 000100

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-03-120-001-000
  • Block: 32
  • Lot: 1-3
  • Latitude: 40.8643
  • Longitude: -96.6212

    Address

  • Full Address: 5131 N 73rd St
  • Address - House Number: 5131
  • Street Direction: N
  • Address - Street Name: 73rd
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C019
  • 4-Digit Zip Code: 1024
  • Zip Code: 68507

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,011
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 229,507
  • High Value: 271,615
  • Low Value: 187,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Loan Amount: $132,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $178,600
  • Market Land Value: $35,000
  • Market Improvement Value: $143,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,600
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $143,600

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11712001174
  • Current Sale Price: $165,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 2019049933

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $132,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Norwood Park



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Frequently Asked Questions

What neighborhood is 5131 North 73rd Street located in?
The 5131 North 73rd Street is a located in the neighborhood of Norwood Park in Norwood Park, Lincoln.
What is the average sales price for listings in 5131 North 73rd Street?
The average sales price for units in 5131 North 73rd Street is $0 currently.

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