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5220 South 37th Street

5220 South 37th Street, Lincoln, NE 68516
House in Lancaster
Sold Jul 21, 2020
$216,000
$172,400 by Lincoin Federal Savings Bank O
Mortgage Due Aug 01, 2050
Sold Nov 01, 2018
$187,000
$158,270 by Moria Development Inc
Mortgage Due Nov 01, 2048
5220 South 37th 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 1976 and is 48 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. In addition, 5220 South 37th Street has 1,628 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 with daylight that is 696 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 1,200 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,799 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying 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 exterior walls of the building are made of a combination of material. 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, 5220 South 37th Street sold most recently in Jun 25, 2020 for a total of $216,000. If you work out the math, that's approximately a cost of $108.65 per sqft. Before that, the property was also sold for $187,000 in Oct 23, 2018. 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 $3,632 in taxes each year. 5220 South 37th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,600. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $180,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 696
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,799
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,988
  • Gross Building Area: 1,988
  • Building Area: 1,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIARHURST WEST ADDITION
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIARHURST WEST ADDITION, BLOCK 2, LOT 48

Ownership

  • Current Owner : ACKMAN BRIAN T
  • Current Owner 2: THOMPSON ELIZABETH C
  • Previous Owner : RAUSCH JOSHUA L
  • Previous Owner 2: ROSE RAUSCH CHRISTINA
  • Owner Before Previous Owner: ALSTROM REAL ESTATE NE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003704

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-07-404-048-000
  • Block: 2
  • Lot: 48
  • Latitude: 40.7612
  • Longitude: -96.6673

    Address

  • Full Address: 5220 S 37th St
  • Address - House Number: 5220
  • Street Direction: S
  • Address - Street Name: 37th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C037
  • 4-Digit Zip Code: 4526
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,632
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 275,290
  • High Value: 325,799
  • Low Value: 224,781

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,400
  • First Open Lien Mortgage Lender: LINCOIN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $172,400
  • 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, 2050

    Market Valuation

  • Market Total Value: $230,600
  • Market Land Value: $50,000
  • Market Improvement Value: $180,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,600
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $180,600

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11773727190
  • Current Sale Price: $216,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 2020034354
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Contract Date: Oct 23, 2018
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOIN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $172,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORIA DEVELOPMENT INC
  • Previous Mortgage Transaction Date: Nov 01, 2018
  • Previous Mortgage Loan Amount: $158,270
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Lincoln



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Frequently Asked Questions

What neighborhood is 5220 South 37th Street located in?
The 5220 South 37th Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 5220 South 37th Street?
The average sales price for units in 5220 South 37th Street is $0 currently.

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