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5225 South Bennington Place

5225 South Bennington Place, Lincoln, NE 68516
Property in Lancaster
Sold Aug 03, 2021
$285,000
$213,750 by Lincoln Federal Savings Bank O
Mortgage Due Aug 01, 2051
5225 South Bennington Place in Lincoln, NE was first built in 1987 and is 37 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 unknown style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 5225 South Bennington Place has 2,034 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 748 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,924 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 454 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 C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5225 South Bennington Place sold most recently in Jul 27, 2021 for a total of $285,000. If you work out the math, that's approximately a cost of $104.17 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 $4,438 in taxes each year. 5225 South Bennington Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $284,700. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $229,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 748
  • Garage Type: Attached
  • Garage Square Area: 454
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,924
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,736
  • Gross Building Area: 2,952
  • Building Area: 2,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRISTOLWOOD
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRISTOLWOOD, BLOCK 1, LOT 13

Ownership

  • Current Owner : WRIGHT DAVID A
  • Current Owner 2: WRIGHT JESSICA N
  • Previous Owner : VANBENSON STEPHEN VAN
  • Previous Owner 2: BENSON LOIS JANE
  • 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: 16-07-410-014-000
  • Block: 1
  • Lot: 13
  • Latitude: 40.7612
  • Longitude: -96.6692

    Address

  • Full Address: 5225 S Bennington Pl
  • Address - House Number: 5225
  • Street Direction: S
  • Address - Street Name: Bennington
  • Address - Suffix Type: Pl
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C037
  • 4-Digit Zip Code: 1694
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,438
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 319,706
  • High Value: 372,946
  • Low Value: 266,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $213,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $284,700
  • Market Land Value: $55,000
  • Market Improvement Value: $229,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,700
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $229,700

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11845834832
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021046912

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Lincoln



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Frequently Asked Questions

What neighborhood is 5225 South Bennington Place located in?
The 5225 South Bennington Place is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 5225 South Bennington Place?
The average sales price for units in 5225 South Bennington Place is $0 currently.

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